When it comes to GOLD FOAM I am ahead of schedule and my first GOLD Bar !

Well I am making a serious dent in my GOLD FOAM for the month including todays haul that’s 6 1/2 OZ,S for the
month of February not including a Saint
I just bought today as well which puts me over 7 OZ,S and it’s only the 16th
still allot of month left to buy more

I was looking on line for approx pricing
for a 100 gram bar and the prices are
super high, why ? taxes of course which
can be between $500-$800 per bar on
top of the premium, my LCS does not
charge any tax on bullion or GOLD coins
that’s a huge savings so I always check
my LCS before I buy anything on line !

I headed down to my LCS this afternoon
to pick up a 100 gram bar but was told
they would have to order it 3-5 days being impatient I asked what they had
and in bars had the 1 OZ and 50 gram
so went with the 50 gram but still wasent satisfied so bought another 1 OZ
GOLD buffalo to go with it, so looking forward to another great month in March

 

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Taxation on bullion is not cool.

 

I did a mock up on eBay on a 100 gram bar
and the tax was $750, all I can say is that’s
one hell of a premium..LOL

 

Yikes, lesson learned.
Send your purchases to family outside of the tax zone in those cases.
I bought a 50 gold peso from eBay. Went to check out with PayPal, at the time would have gotten a 5% credit card reward. I went back to check All the information was correct and it defaulted to the bank account pulling the money straight out.
DOH, missed out on 5% rebate and cost $7 for the account being under the minimum required balance.
Small lesson.
You should have contacted the seller and changed your shipping address.

 

FYI - the folks at Monetary Metals support the Sound Money Defense League which is lobbying State legislatures to repeal taxes on gold and silver. They also publish a "Sound Money Index" that tracks which States impose taxes:

https://www.moneymetals.com/resources/sound-money-index