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So you bought physical silver……
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Dan Loehr
Posted 12/19/2025 16:42 (#11476799 - in reply to #11476717)
Subject: RE: So you bought physical silver……


Holland, Indiana (SW IN)
John Burns - 12/19/2025 15:24

Sell it.

Report the gains.

Pay the taxes.

Life's too short to be in skirmishes with the IRS.


But you'll have a basis (what you paid for it) just like land I'm guessing
I don't think there is a chance i can remember what I paid at a gun show for Kugarands in 1984 $330 an OZ ?????

Dan

ADD I'm holding until I'm back to even :-)
100 OZ chunks of silver $400 each wish I had been smarter
Not the good deal it sounds like money in a low fees mutual fund paid off MUCH better

Edited by Dan Loehr 12/19/2025 16:53
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