@derryb said:
profits from gold are not really profits. when sold they provide you with dollars that you protected from inflation's dollar devaluation.
@derryb said:
profits from gold are not really profits. when sold they provide you with dollars that you protected from inflation's dollar devaluation.
Is that how the taxman sees it ?
no, it's the only case where you pay taxes on your insurance proceeds.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Comments
Is that how the taxman sees it ?
no, it's the only case where you pay taxes on your insurance proceeds.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
OMG the FED is possibly gonna raise interest rates .25% in March, hurry up let's crash the price of gold. This planet gets stranger by the day.
I just read Goldman has a target on gold in 2022 ...of 2150
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Don’t worry about the recent price drop. Our dollars are worth A LOT more.
Though not such a nice week or month or two, for Amazon , and others.
" When there is blood in the streets..."
PMs have been getting clubbed like a baby seal lately. It's a good thing they have the debt under control. sarc/off.
I knew it would happen.
I disagree with the premise that this year will be the same as last year with regard to any asset class!