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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (63824)	2/27/2009 10:49:25 PM
From: Amark$p	Read Replies (3) \| Respond to of 78412

Think a more diabolical government manipulation of the gold market is likely. For example, GLD capital gains taxed at 40% rate rather than current 28% US tax rate ==> and then couple this with GLD being taxed at fair market value as of 12/31/09 and each year end thereafter regardless of whether you sell GLD or not. Announce these tax law changes around Nov 1, 2009 and everybody and their mother will be selling GLD between Nov 1 and Dec 31, 2009. Such changes as these to the US tax laws would likely cause an influx of gold supply via GLD redemptions... Other countries could enact similar tax laws.