Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: koan who wrote (44903)	7/15/2007 4:29:46 PM
From: jackjc	Read Replies (4) of 78408

Buy Canadian assets: Which assets, if stocks then that is staying out on the limb though it is a stronger limb, delaying clearing debt. Safer would be converting to C$ and benefiting from expected USD decline, then paying off. BUT holding C$ in a Canadian account requires reporting a foreign account on US tax form if over $10k, with a checkoff of 10k-100k, 100k-1M, over 1M. That might bother some people to have to report. Same for C stock account. And the interest rate is lower, so slippage there. I think couple brokers allow holding C$ in the US stock account, though my broker Penntrade does not.

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