2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.31

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (36699)	7/8/2008 11:31:21 AM
From: RJA_	Read Replies (1) of 217638

>>question: how many govts in the world encourages gold trade? The US used to. GB used to. My understanding is that there is still no income tax on gold transactions in GB (any citizens of GB please correct me if I am wrong) as it is still considered money of sorts. It seems that you have to be very prosperous and have absolutely no fear for the value of your paper money to encourage gold trading. Cause if you have no fear for the value of your paper, why not encourage gold trading. This has been true of the previously strongest trade surplus countries in world history, (GB and then US) and bodes well for the current China. Not so well for US, or GB. Switzerland is still quite gold friendly, and runs a surplus (as of the last numbers I saw).

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