Profunds index and sector trading

[Namiar]

I go down to the local coin store, pull out cash and buy $2000 worth of gold coins @ $300 per oz.
20 years later, I return to the coin store and sell the coins for $15000, paid cash by the proprietor.

I could probably get away with not reporting at all if I were so unscrupulous.

BTW, in order to plan this years purchase, is your assessment that gold will go higher this year?? Is there a decent likelihood of dropping back below $430? In your HO??