silver bullion

silver bullion

AVOID VAT / TAX on SILVER BULLION - My Experience of Flying with Silver & Dealing With Customs

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SUBSCRIBE to ELITE NWO AGENDA for Latest on SILVER / GOLD / BITCOIN / U.S. DOLLAR COLLAPSE / GLOBAL RESET / NEW WORLD ORDER http://www.youtube.com/EliteNWOAgenda AVOID VAT / TAX on SILVER BULLION - My Experience of Flying with Silver & Dealing With Customs Silver, like other precious metals, may be used as an investment. For more than four thousand years, silver has been regarded as a form of money and store of value. However, since the end of the silver standard, silver has lost its role as a legal tender in all developed countries including the United States, although some countries mint bullion and collector coins like the American Silver Eagle with nominal face values.[1] In 2009, the main demand for silver was for industrial applications (40%), jewellery, bullion coins and exchange-traded products.[2][3] In 2011, the global silver reserves amounted to 530,000 tonnes.[4] Millions of Canadian Silver Maple Leaf coins and American Silver Eagle are purchased as investments each year. The Silver Maple Leaf is legal tender at $5 per ounce and there are many other silver coins with higher legal tender values, including $20 Canadian silver coins. Silver is legal tender in Utah, and can be used to pay all debts Precious metals are subject to taxation in most countries, because of their high economic value. In most countries capital gains tax applies when precious metals are sold at a profit. Some countries also apply value added tax to precious metals. In the European Union, the trading of recognised gold coins and bullion products is VAT exempt, but no such allowance is given to silver. Elsewhere in Europe though, Norway has exempted both gold and silver bullion coins with face value from VAT; Norway is part of the wider EEA (European Economic Area) and thus applies the same "intra-community transaction" rules to all of Europe on a bilateral basis [1] resulting in legally tax-free silver coin availability throughout all of Europe. Like most commodities, the price of silver is driven by speculation and supply and demand. Compared to gold, the silver price is notoriously volatile. Silver often tracks the gold price due to store of value demands, although the ratio can vary. The crustal ratio of silver to gold is 17.5:1.[7] The gold/silver price ratio is often analyzed by traders, investors and buyers.[8] In Roman times, the price ratio was set at 12 or 12.5 to 1.[9] In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1,[10] which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was enacted in France in 1803.[11] The average gold/silver price ratio during the 20th century, however, was 47:1 Like recent monetary shifts in Russia, China and the middle east that aim to divest themselves of US dollar reserve trade requirements, the news of such a move in Mexico has been downplayed. And though it is being generally ignored as a serious possibility, a powerful consortium of influential people in Mexico believe it is a realistic possibility, and one that could be responsible for shifting the balance of world power. silver "silver bullion" tax vat "capital gains tax" eu europe "european union" gold "gold coin" "silver coin" norway "tax free" uk "united kingdom" switzerland singapore investment travel customs flight duty "gold storage" "trade gold" "gold etf" "silver trading" "trading platform" "perth mint" "royal canadian mint" coins collectable currency forex "forex trading" 2014 2015 bank banking savings "savings account" u.s. apmex "united states" usa america "silver bar" "gold bar" cash asset "elite nwo agenda" silver maple leaf dna copy fake silver china gold pamp suisse bar tungsten tungston copper melting assay price elite rothschild hoarding gold alex jones infowars gerald celente jim rogers lindsey williams jsnip4 rawdogletard The real question is, will western central bankers allow such a move to happen? We know what happened in Libya and Iraq when ...