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Why I’ve stopped buying Gold Bars! #shorts




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Title :  Why I’ve stopped buying Gold Bars! #shorts
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Gold Retirement Solutions
Nice video I also have videos on gold investing for those interested
Comment from : Gold Retirement Solutions


Maxiano Acosta
i just dont buy gold because of fees premiums and taxes
Comment from : Maxiano Acosta


Bluecavemen
is it possible to buy gold and make your own gold britannia coin design press? would that count as a coin to avoid paying capital gain tax? not sure if this is concern counterfeit since your not copying other coin design i was just curious about that
Comment from : Bluecavemen


Masterbaiter1000
Gold aint going up past 2k again
Comment from : Masterbaiter1000


MidnightWolfBoy
The 2 Britishes me and youu
Comment from : MidnightWolfBoy


Vlado Štimac
Thats good,but crypto is less stable than gold,silver and other valuable metals
Comment from : Vlado Štimac


Chaka2
Bitcoin is Gold
Comment from : Chaka2


donald person
I prefer coins I don’t want to be having it in some big holder
Comment from : donald person


Statue of Liberty
I claim it
Comment from : Statue of Liberty


Alex Twemlow
Say I purchased many of these bars over a long period of time, where can I actually cash them in once ready? Just a jeweller somewhere ?
Comment from : Alex Twemlow


IceCold
It says that the gold bars are capital gains free too tho?
Comment from : IceCold


Ali baba
But how come it says on they website that the bars are tax free aswel 🤔
Comment from : Ali baba


Consuelo Villegas
i don’t like gold bars, i only bought one because it was selling at spot, it was a good investment thought because i bought it at around 1600$
Comment from : Consuelo Villegas


Amber Omnivore
It's because he's broke
Comment from : Amber Omnivore


Mark Danger
If they charge capital tax, they better take it out from the grand total of everything The tax, the shipping, the wiring fee, etc Ain't no way they going RIP me off of all those other fees
Comment from : Mark Danger


The Zerastora
With silver, bars are better, even if you go over the CGT allowance (I’m done over 20) you still make more than if you had Britannias, 9kg vs 7,840g of coins for the same price you still make a £200 profit with the bars & that’s after CGTbrbrWith Gold, Coins are better if you’re worried about CGT especially as it’s going down to 3k next year, like wtf! Bars are better if under 3K but let’s be honest, it’s not going to happen
Comment from : The Zerastora


C R
When it comes to selling do you loose money over brittania gold coins compared to bars I know there is the CGT advantage Thanks
Comment from : C R


gabriel tavarwisa
How can i buy some bars am in Zimbabwe
Comment from : gabriel tavarwisa


Dot Com
Great thinking my white brother on taxes
Comment from : Dot Com


Caldonian Dude
You make a good point I do have a some 1g and a few 5g gold bars for barter situations in case of the SHTF scenario Even if I sold them all I'd be well under the CGT tax allowance
Comment from : Caldonian Dude


Pulsating Sausage Boy
Buying those gold frags is never a good deal
Comment from : Pulsating Sausage Boy


Kelly Bartok
Hello , for me I buy what ever coin , or bar , that’s available and in price range at the time Putting some funds on gold is something that in the time of financial need can help you get you’re goal , so as long as the gold is par at price and it’s 24 k 9999 real gold if I can afford it I will most definitely buy the gold , thank you kindly all the best , may the heavens open the gates of treasure for all who love God 😊
Comment from : Kelly Bartok


CR02AZY
Hi I went to start getting into owning tangible assets such as precious metals like gold and silver As I’m in the UK where would the best place be to buying these assets? There so many different bullion dealers and it’s pretty co fusing on who has the lowest premiums on these assets
Comment from : CR02AZY


SUDHIR RAO
Capital gain exempt only in UK or even in US?
Comment from : SUDHIR RAO


abbadon
UAAAAUUUUU , BRITANNIA ? BR ITA NN IA ?????? MAGNIFIC
Comment from : abbadon


Avanish Patel
Does the package matter will it decrease the value if I take it out or not?
Comment from : Avanish Patel


Jennifer Hodge
Do you mean capital gains tax in the UK? The US doesn’t have this exemption that I know of
Comment from : Jennifer Hodge


Starfish PRIME
So does that mean someone could use gold as payment and the merchant wouldn't have to pay taxes?
Comment from : Starfish PRIME


Squigglove
I prefer bars and would buy more of them if not for those treacherous assays
Comment from : Squigglove


Nova Sigma
ive been trying to scourer information on the last 10 years of which comes out on top as the better investment say between 10oz gold coin and 10 oz gold bar even with the expemption of CGT on the coin ( and if it would be worth the illegal practice of melting said 10oz of coin to make 10oz of bar) hypotheticaly of course
Comment from : Nova Sigma


Danny D
Why would you buy coins instead of bars ? I’m new to the scene lol
Comment from : Danny D


Ugwuanyi Collins
Gold coins
Comment from : Ugwuanyi Collins


Matt
Get the dumbass ringlight out the way
Comment from : Matt


ASMR
Usually if you purchase coins from the mint of your country of residense, they have a cash face value (very low) but are not taxable as an investment
Comment from : ASMR


ChatGPT
can't exchange for world currency that's the problem you have to find pawn dealer
Comment from : ChatGPT


G & S metals
But the issue is every time i plan to buy gold britannia, i end up buying coin from another mint which arent CGT free, those designs can be very tempting 😂
Comment from : G & S metals


L G
How easy is it to sell Britannia gold coins and where do you sell them?
Comment from : L G


1000silver
Very good points I used to buy the bars too but now focus on coins I think they’re both good but for a few bucks more the coins make more sense
Comment from : 1000silver


Black Cat Leprechaun
Premium is higher on coins
Comment from : Black Cat Leprechaun


P T
Who on earth would report this income? Unless its an absurd amount that it raises eyebrows
Comment from : P T


i
Here in Finland is easier to sell gold bars than coins I mean, If you really need money and you need it fast, you go to jewelery store, and not all shops accepts coins, but all accept bars
Comment from : i


Rafe
In Saudi Arabia, gold coins got taxes on them, the bars don’t
Comment from : Rafe


Paula C B
Where can I buy gold coins?? (save place)
Comment from : Paula C B


Noviceguitar
Where do you buy your gold bars and sovereigns from? Also based in the uk so just curious 👍
Comment from : Noviceguitar


sirspeedsalot
don't have to report capital gains tax if you get paid cash for your gold bars , who would know
Comment from : sirspeedsalot


Brayden
do you keep your bars in the plastic or take them out?
Comment from : Brayden


Boss of Bosses
Good job you're wearing them gloves for that plastic
Comment from : Boss of Bosses


john ingham
As you already know I've invested in a few silver britannia's but I think that I will be investing in a few gold britannia's this year also as they're VAT and CGT exempt
Comment from : john ingham


M B&R
Except only a moron show's their stack to someone irl
Comment from : M B&R


Rule Britannia
Hi mate
Comment from : Rule Britannia


rm Field
They tax gold bars in GB with the same purity? Makes no sense
Comment from : rm Field


Tyrone Joseph
Agree also buddy! I'm hoping this plan of mine to obtain as many 1oz silver britiannias is going to pay off, as the Capitial gains tax changes in the UK has become a concern for me
Comment from : Tyrone Joseph


Veteran Metals
Keep up the great work! This was very informative 👏
Comment from : Veteran Metals



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