What is your goal for retirement?

[greenskeeper]

If this is a taxable account, these items have a specific tax rate when sold- I believe last I checked it was a 28% federal tax across the board for precious metals like gold and silver and collectibles.

there is no "account". They are physical metals that I have in my possession. When I go to sell the govt will have no knowledge of it.

[disneysteve]

there is no "account". They are physical metals that I have in my possession. When I go to sell the govt will have no knowledge of it.

They have a name for that. I believe it is called tax evasion. Good luck with that. Of course, that assumes that you actually sell at a profit.

[jIM_Ohio]

there is no "account". They are physical metals that I have in my possession. When I go to sell the govt will have no knowledge of it.

If the other party reports it, then they will be required by law to pay tax on it. If they do report it and you do not, you will be caught "easily". If they do not report it, the next question is how would you sell $100,000+ of anything and not have a federal or state agency know about it?