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 -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (81701)7/17/2008 9:56:02 PM
From: XBrit  Read Replies (1) | Respond to of 116555
 
To me, none.

Buying and selling of physical gold involves no requirement for the dealer to report anything to the IRS. In the unlikely event that a person wanted to take advantage by not declaring the capital gains, it might be helpful to the peace of mind of such a person that the dealer didn't have a lot of annoying records for anyone to investigate later.

Just saying.

(I have declared all of my own capital gains on physical.)