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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Douglas M. Benedict who wrote (7917)11/7/2010 2:42:52 PM
From: Douglas M. Benedict2 Recommendations  Read Replies (3) | Respond to of 8010
 
"A loss is a loss is a loss. Deferring the date of actualization is nothing more than a timing/shifting strategy."

I beg to differ...this sounds an awful lot like Jason Hommel's response to me...

An ounce is an ounce is an ounce until you have to clip it for taxes...

Knowledge is power.

Jack bets his net worth that inflation will skyrocket, and he buys an inflation hedge in the form of gold.

Jack has made one of the most brilliant market timing moves of all time. But the end result is that he loses almost half of his starting net worth in purchasing power terms.

“Great move Jack, you made a lot of money! Now give us our share.”

[url]http://danielamerman.com/articles/GoldTaxes1.htm[/url]

I leave you all to understand the hidden taxation on wealth...

What is your exit strategy?