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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: MRam who wrote (15934)7/12/2006 11:40:20 AM
From: Silver Super Bull  Read Replies (1) of 78419
 
MRam,

RE: My biggest disappointment with IB is they won't let me buy Canadian stocks from my IRA.

As a US citizen I have never had a problem buying Canadian stocks in my IRA with IB. The only "hitch" so to speak is that one has to convert US dollars to Canadian dollars before the purchase.

Another benefit (and this is huge for "active" investors) with IB as far as IRAs are concerned is the ability to trade on "margin." This "margin" though isn't the typical "margin" definition, however; it means, in part, that you don't have to wait the 3 days for security sale proceeds to be "cleared" for purchase of securities.

SSB
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