Posted on 11/06/2008 5:28:20 PM PST by RKBA Democrat
Thanks for the info.
On the site that was posted above, can one buy gold coins in small amounts? For instance, if you don’t have a large amount of money to invest at one time. Does the gov’t track these purchases?
I have always read that if there ever was a big disaster that gold would be the only thing available to use to buy or barter with.
works for me!
Cattle Futures.
Good questions.
Ping me if you get an answer.
Someone told me that investing in silver is a good idea.
Would there be some advantage in investing in that over gold?
Some people think silver has more up-side potential than gold. I have no opinion that way. Traditionally silver has been more of an industrial metal, but much of it was used in photography - that use is pretty much gone now. It might have advantages in bartering for smaller purchases (if that comes.) The smallest gold coin issued in the US is the recent $5 piece at 1/10th ounce.
If Obama doesn’t have to show his birth certificate, he is flagrantly breaking the law (or many of them). So if the President gets to break whatever law he chooses, then why shouldn’t the rest of us get to pick which ones we want to break.
I think they need to enforce the laws regarding eligibility to be President before they enforce IRS regulations.
We need a new Boston Tea Party (something like bostonteaparty2.com) where people can sign-up to participate in a tax revolt. It would work like this:
1. It is a NON-Violent act of civil disobedience and citizen revolt.
2. Everyone keeps paying their taxes until Ten Million tax paying entities sign the petition.
3. Once ten million has been reached then everyone is notified and starting that day no taxes are paid (and file W-4 to stop withholding from paychecks) until our demands are met. They can't arrest 10 million households.
4. Demands - these are open to negotiation but as a starter I would suggest:
a) remove 16th amendment and implement the Fair Tax (yes, I know it is not perfect but it is 1000% better than what we have and is the best viable alternative out there),
b) eliminate the President's Working group on financial markets (the plunge protection team) and allow markets to be free, and un-manipulated, which includes failure.
Would need a strong leader (like a Rush Limbaugh, Ron Paul, etc) to spearhead this and get the national attention but I offer it as an idea.
Change w-4 to 20 exempts let em try to collect. HELLO!!
There are some who say theat silver has huge upside because there is a supply deficit, unlike for gold.
There are huge stockpiles of gold around the world, such as in the vaults of central banks.
Gold may be used for jewelry or coinage, but it is rarely lost or destroyed.
Silver, on the other hand, gets used in industrial applications and is lost.
There are smaller stockpiles of silver, and these are being depleted.
http://www.seekbullion.com/index.php?
None of my precious metals gains have ever been taxed a dime...... think hard about it, you will get it eventually. And when you do, you will say "BY GOLLY! THAT is why the government doesn't want us using cash " think: retailers and/or banks have to "report" cash transactions of over 10,000 dollars, money is no longer printed in denominations bigger than 100 dollars, and if you are found to have over 10,000 dollars in cash on you, the fed can seize it until you "prove" you got it "lawfully." Further, they don't want us using gold or silver because it will expose the scam of the Federal Reserve for the lying tyrannical thieving scam it is.
Please note, this tax was repealed effective 1/1/2007!
See:
http://dor.myflorida.com/dor/taxes/ippt.html
In addition, most silver is produced as a byproduct of Copper, Lead, Zinc mining (all of which are rapidly being cut back!)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.