Questions tagged [precious-metals]
The precious-metals tag has no usage guidance.
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How to calculate tax for Precious Metal Sales in Ohio
So recently Ohio did away with tax on precious metal sales. I've been wanting to produce precious metal items for a while and decided I want to open an online store.
I'm trying to understand how to ...
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2
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What are decent premiums for physical silver / gold coins / bars?
This a question I have been trying to find an answer to in these last months, and don't seem to find an answer. My curiosity is simple: what are decent premiums for the products mentioned in the title,...
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Is the Gold precious metal undervalued (towards the end of 2021)? [closed]
At the moment, money is being printed on a massive scale. The money is flowing into the stock markets and the younger generation is investing it in Crypto.
Am I correct in assuming that Gold is ...
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Do you pay taxes on "phantom" transactions related to precious metal ETFs held inside a retirement account?
Precious metal ETFs (e.g. GLD) collect expenses from you by selling fractional shares on a month-by-month basis
You have to pay taxes on these sales
You have to account for fractional shares sold from ...
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Is it worth it to own precious metal ETFs inside a retirement account? [duplicate]
Is it worth it to buy precious metal (e.g. gold and silver) ETFs inside a retirement account (e.g. IRA, Roth IRA and 401(k)) to avoid the hassle of accounting for taxes on these trusts?
Accurately ...
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What Might Cause a non-Parity Performance of, Say, a Gold ETF and the Underlying Price of the Metal at the Stock Market's Close on a Given Day
I have noticed that a Gold ETF and the underlying price of the metal do not necessarily correspond as one might expect.
For example, today 6/24, the price of gold was down approximately $9.00 at the ...
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Can you explain to me, in what months are the futures and options on gold and silver listed, based on the CME description?
I read the following contract specifications from CME and couldn't figure out/understand it.
On Gold;
Futures: Monthly contracts listed for 3 consecutive months, any Feb, Apr, Aug, Oct in the nearest ...
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Is value investing applicable to precious metals?
Is it possible to apply value investing to precious metals? Value investing seeks to exploit discrepancies between price and value. The price of precious metals is widely known, but what about its ...
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Gold - What is GB01/CHF? How does a metal account work?
I opened a metal account (in German they call it Metallkonto, I hope to translation is correct). In the Web interface of the bank I see almost no info (no price, no profit or loss in percent).
The ...
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Expense of precious metal ETFs and tax implications
I am trying to understand how precious metal ETFs actually collect their fees. I know that for a stock ETF, expenses are collected by charging the shareholder's brokerage account a cash amount on a ...
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How would the discovery of El Dorado impact the price of gold? [closed]
I have gold in my long-term investment portfolio and I am worried about sudden over-supplies of gold. If a City of Gold (e.g. El Dorado) or the Nazi gold train is discovered in the future, how can I ...
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When commodity prices rise, do commodity production companies produce lower returns than the commodities?
Suppose I alone know that the price of a commodity will double next month, and will then stay at that level for years. There are two simple ways I could exploit this knowledge:
Buy the physical ...
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Are paper gold ETFs a scam? [duplicate]
Recently I found this website that has a lot of interesting statistics and among them I noticed something that astonished me : the paper to gold ratio. I am really surprised that there is such a huge ...
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Where to sell metals with numismatic value
I have various silver and gold bars and coins. After getting quotes for my collection from a local coin shop, I noticed that the bullion values are reasonable, but for rare coins, the quote is far ...
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Taxes/Investing in Gold and Silver
I am a 19 year old college student and a US resident. I recently got a job and am making $15/hr (which may increase) ~15 hrs per week. I live with my parents and have no expenses. I want to save/...
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Is it the truth that gold / silver coin costs differently in different countries? [closed]
I am told that the person buys gold coins from US website with the delivery to Kazahstan and sell them there for profit.
Can it be for real?
I am wondering since the import from US should be taxed, ...
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Why not invest in precious metals? [closed]
I have been considering a mix of precious metals in my portfolio; mostly gold, but also some silver, platinum, and palladium.
I'd like to hear some arguments why this would be a bad idea given ...
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Bullion coins questions
I'm planning on buying Vienna Philharmonic bullion coins. What confuses me the most is the face value of the coins. For instance, copper coins have face value of 5 euros.
Will I always be able to ...
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How can one invest in bismuth?
How can one invest in bismuth without actually buying it?
Are there futures that can be bought or an ETF that tracks the price?
There are only about six Olympic-size swimming pools of bismuth on ...
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Is the Canadian Gold Maple Leaf actually used as legal tender?
How could it be that this gold coin was created as legal tender when its gold content value is much higher than its face value?
https://en.wikipedia.org/wiki/Canadian_Gold_Maple_Leaf
The face value ...
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Gold coins with face value greater than the metal value — what's the catch?
If you're going to keep some money in cash, is there any downside to keeping it in gold coins that you can buy at their face value, where that face value is higher than the metal value?
I came ...
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Cost of carrying precious metals in portfolio
Recently, I have decided to diversify my portfolio into some precious metals.
However, I found out that the cost of holding gold and silver is really high. The website I was trying to buy from ...
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Do precious metals and mining sector index funds grow as much as the general stock market?
We all know that precious metals are extremely volatile (high beta) and that commodities usually do not have a long-run real return (zero alpha). I currently have 1% of my portfolio invested in a "...
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Investing while the Canadian dollar is really low
I have just started to get into investing now that I have a steady job, pension plan, government bonds, and good savings. With the Canadian dollar being close to $0.70 USD, it seems like a waste to ...
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Can individual investors buy precious metals at the spot price?
I'm learning about investing in precious metals. I know that when you buy gold or silver bullion from a dealer, you typically pay the dealer a commission above the spot price. I'm working from an ...
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Are there commodity streaming stocks outside of precious metal streams?
Companies like Silver Wheaton rely on purchasing precious metal streams. It seems to make sense that, in addition to any precious metal or metal in general, a company could purchase streams for any ...
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Best precious stone from an ROI standpoint?
I'm wondering what kind of jewelry-grade mineral (excluding precious metals) would be the least risky investment. So the binding requirement is: it has to be jewelry-worthy (so both pretty and not too ...
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Are precious metals/collectibles a viable emergency fund?
My friend received a gift from a family member in the form of silverware. The exact value is unknown but it is enough to cover 6+ months worth of expenses. I estimate it is a significant portion of ...
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What are the differences between gold/siver "coin" vs. "round"?
There two types of silver (and gold) in the market available: silver coin and silver round.
I am looking answers for this two questions.
What are the main difference between them, and advantages of ...
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Buying silver in China
Here in China, the national bank allows one to buy silver on something called RMB/SLV market. I'm given a bid and ask: at the moment both are around 5.7 RMB. I'd like to buy some silver, but I don't ...
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Pros & cons of investing in gold vs. platinum?
I'm considering moving some of my investments into physical precious metals in case the world economy tanks further. Both gold and platinum are near historical highs, but platinum has been more ...
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Why is silver so volatile compared to the S&P 500?
As an example, silver took a 9.4% hit on 9/22/2011, which was a bad market day -- the Dow dropped over 3.5%.
The conventional wisdom is that precious metals like silver are a hedge against a falling ...
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Index fund that tracks gold and other commodities
Is there an index fund that tracks the index for precious metals? How about a fund that tracks an index just for gold?(I guess this is not possible)
And is there a fund that tracks overall commodities ...
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Does the USA have a Gold reserve?
The intent and context of this question relates to what could possibly cause a huge crash in gold prices in the future.
From a layman's perspective, if tonnes of gold are found in a mine somewhere - ...
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What would be the signs of a bubble in silver?
What signs are there of a bubble in silver (or other precious metal)?
I was planning on buying some small quantity of silver soon, but I noticed the price has doubled recently and thought "what goes ...
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Storing gold and silver
Apart from midnight-gardening, what are some of the truly safe and cost-effective storage methods for gold and silver bullion?
This is for core bullion with no numismatic value. I am looking ...
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Relationship between silver and gold prices historically
Can anyone tell me, or point me to documentation that shows the historic relationship between gold and silver prices? Or, better yet, can anyone point me to a source that shows monthly or weekly gold ...
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What metals are available as bullion/coins?
Everyone is familiar with gold and silver coins and bullion. What other metals are available as bullion or coins, or other tradable form?
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Why does gold have value?
I'm curious about why is there so much financial interest and news coverage about gold.
It's hard to do things like buy food or pay the rent with gold, but I can do this with cash. Gold doesn't yield ...