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    Warning to All Silver and Gold Buyers (Part 1) – Don't Make Large Purchases!



    In this video I talk about buying silver and buying gold and why you do not want to purchase more than 10k at once. This video is a warning to all silver stacker out there. I know that not everyone can say that they plan on ever purchasing more that 10 thousand dollars worth of silver or gold at once, but if you have ever considered it then you need to think again. I talk about the IRS form 8300 which has all of your personal information on it and when this form will be filled out and sent to the IRS. I also talk about how to avoid the form all together. Most people who are purchasing gold and silver want to remain anonymous. I do not want prying eyes on my purchases especially when I am buying bullion. All precious metals purchases will be subject to the IRS form 8300 unless you purchase less than 10k at once. Please subscribe for more gold and silver related videos.

    Warning to All Silver and Gold Buyers (Part 2) – Don’t Sell Large Amounts!

    Warning to All Silver and Gold Buyers (Part 3) – Taxes on Silver and Gold

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    Thanks for watching!!

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    Topics I cover in this video: silver, gold, silver warning, gold warning, silver and gold warning, gold and silver warning, buying silver, buying gold, buying gold and silver, buying silver and gold, silver stacking, buy silver, buy gold, purchase silver, purchase gold, silver stacker, silver stack, precious metals, buying bullion, irs form 8300, when to fill out irs form 8300, tax on silver, tax on gold, silver irs reporting, gold irs reporting, making a large silver purchase, making a large gold purchase

    #silver #gold #silverstacking

    View 28 Comments

    28 Comments

    1. Lost Knowledge on

      #1 it's no ones business what I get or why I get it. It's my $ and I'll do what I want with it. My bank declined my transactions to SD and JM, told me I couldn't purchase like I was, i.e. too much too fast….I have a new bank now withdrew over $100K closed all accounts with them. No one is going to tell me what I can or cannot do with my $

    6. firemn4u on

      First time watching, it was very helpful. How many days in between purchases if I was wanting to purchase a large amount do you think wise to wait? Every other day, if by cash?

    13. Lee Fury on

      The $10,000 is no longer true. It's actually $5000. I took out $9900 early this summer and the bank contacted me a week later and told me if I continued to do that, they would close all my accounts.

    14. Lee Fury on

      I have no choice. I have to buy my metals online. This week I took all the cash out of my safe, took it to the bank, ya had to fill out a bunch of forms but then I was able to wire the money to my dealer. You can only do so much. And truly, how much do you have to have for the feds to raid your place when the SHTF?

    22. M Lo on

      I used to work for a bank the bank can send the 8300 for any reason if they see something for 9999.99 they will send one just cause i wouldnt recomend doing one so close i would stay below 9 k

    24. Doge Gamer on

      Gold and silver are tumbling down. Maybe we are heading into the times where it says in the Bible that people will toss their gold and silver in the street because it becomes worthless.

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