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Re: 536hr post# 73192

Monday, 01/18/2016 9:49:46 PM

Monday, January 18, 2016 9:49:46 PM

Post# of 80983
I don't disagree but most of my acquaintances thought I was way out when I bought physical gold in 2004 and 2005. Never mind that I have a good profit. By the way if I sell the IRS wants 28% of the profit and in addition I have NYS tax to contend with. The IRS claims the coins are a collectible which is kind of crazy considering the coins are one of the most abundant gold coins in the world (krugerrands).
Hardly rare.

I probably would have been better off buying good gold stocks but wouldn't haven't felt as protected.