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Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 8:10 am
by IdahoCopper
I would encourage anyone with an online business with a social media page to begin trading goods for silver. It helps educate the public, and it helps increase your hoard with discounted silver.

The silver you get this way is discounted by your net margin percentage on the goods you sell. For example, you normally make 35% profit on your goods. If you accept $100 of Ag at spot, for $100 of your goods; you just got $100 of Ag for a cost of $65 in your goods.


I just posted this on my business Facebook page
( http://www.facebook.com/pages/Beefjerky ... 113?v=wall ):

"Beefjerky.com now accepts silver bullion and silver coins as payment for beef jerky. Email HQ@beefjerky.com to make a deal."

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 9:48 am
by Devil Soundwave
That, mate, is a bloody brilliant idea. Bravo. :)

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 10:39 am
by AGCoinHunter
Dont forget that little thing called....sales taxes. :roll: ;) ;)

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 11:19 am
by IdahoCopper
Most internet sales are sales tax exempt....for now.

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 11:29 am
by AGCoinHunter
IdahoCopper wrote:Most internet sales are sales tax exempt....for now.



That isnt going to be the case for long though... Just looked at a list of new taxes that are currently being floated in the state of GA by a solid majority republican state governemnt....its nauseating. Things gotta change or we are all bound to serfdom.

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 12:24 pm
by stevkc
Coincidentally, I read that Monex is now accepting dried meat products as payment for bullion.

Re: Silver Bullion or Coin for Goods

PostPosted: Tue Mar 08, 2011 1:47 pm
by Snake42
AGCoinHunter wrote:
IdahoCopper wrote:Most internet sales are sales tax exempt....for now.



That isnt going to be the case for long though... Just looked at a list of new taxes that are currently being floated in the state of GA by a solid majority republican state governemnt....its nauseating. Things gotta change or we are all bound to serfdom.


Do tell more please... I have not heard of this yet.

Re: Silver Bullion or Coin for Goods

PostPosted: Wed Mar 09, 2011 12:22 pm
by psi
Why not calculate the tax based on the silver's face value but charge the tax in fiat, it's all legal tender, right?