Questions tagged [precious-metals]

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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 ...
DotNetRussell's user avatar
3 votes
2 answers
237 views

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,...
prototorpedo's user avatar
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1 answer
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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 ...
Sybil's user avatar
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-1 votes
1 answer
96 views

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 ...
ToniAz's user avatar
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1 answer
144 views

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 ...
ToniAz's user avatar
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1 answer
73 views

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 ...
mlchristians's user avatar
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1 answer
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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 ...
huab's user avatar
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2 answers
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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 ...
Flux's user avatar
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1 answer
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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 ...
Sybil's user avatar
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1 answer
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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 ...
ToniAz's user avatar
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-4 votes
2 answers
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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 ...
Thomas Gold's user avatar
1 vote
2 answers
110 views

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 ...
Flux's user avatar
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0 answers
111 views

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 ...
Genorme's user avatar
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11 votes
2 answers
6k views

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 ...
JacobIRR's user avatar
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1 answer
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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/...
AfronPie's user avatar
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1 answer
259 views

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, ...
Eugene Kaurov's user avatar
40 votes
3 answers
13k views

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 ...
user123124's user avatar
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3 answers
436 views

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 ...
Hitsugaya's user avatar
3 votes
1 answer
2k views

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 ...
user avatar
6 votes
3 answers
4k views

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 ...
rapt's user avatar
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1 answer
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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 ...
EM0's user avatar
  • 161
2 votes
3 answers
664 views

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 ...
MH.Q's user avatar
  • 121
1 vote
1 answer
271 views

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 "...
Wuschelbeutel Kartoffelhuhn's user avatar
4 votes
3 answers
7k views

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 ...
JimmyJazzx's user avatar
4 votes
2 answers
417 views

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 ...
Kevin Krumwiede's user avatar
4 votes
1 answer
270 views

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 ...
Daniel Goldman's user avatar
1 vote
0 answers
117 views

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 ...
JDelage's user avatar
  • 503
22 votes
3 answers
6k views

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 ...
stonk-overflow's user avatar
3 votes
1 answer
5k views

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 ...
Muhammed's user avatar
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2 votes
2 answers
230 views

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 ...
user1448260's user avatar
11 votes
5 answers
1k views

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 ...
Joir's user avatar
  • 119
2 votes
2 answers
414 views

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 ...
Ray K's user avatar
  • 1,345
5 votes
2 answers
253 views

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 ...
Victor123's user avatar
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12 votes
3 answers
796 views

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 - ...
Haley's user avatar
  • 121
16 votes
5 answers
1k views

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 ...
C. Ross's user avatar
  • 7,856
38 votes
9 answers
2k views

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 ...
SR10N's user avatar
  • 431
18 votes
5 answers
2k views

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 ...
Randy Minder's user avatar
5 votes
4 answers
399 views

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?
C. Ross's user avatar
  • 7,856
131 votes
13 answers
28k views

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 ...
Stefan Lasiewski's user avatar