SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (16255)11/18/2004 10:23:24 PM
From: Taikun  Read Replies (4) of 116555
 
KT,

The IRS is tough to figure out.

Physical gold
Paper gold at, say, Kitco
Canada's CEF
Australia's GOLD.AX
selling grams of gold in a GoldMoney or eGold account
and GLD

are all taxed as collectible (ie max 28% rate) on liquidation

Gold mining shares
HUI, XAU options

are not. Go figure, eh?

People have taken cases just like these to the Supreme Court as money can be interpreted as only made by precious metal in the US Constitution.

Remember, you don't *have* to file a tax return. <ggg>

David
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext