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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Gold just hit an ATH of $3922.70. I currently own 70oz of gold (actual coins/bars). Good time to sell or do you guys think gold keeps going up? [/quote] i have been buying a few ounce of gold and a few hundred ounces of silver every year for more than two decade now. I think of it as a real roth ira. Who know what the tax rates would be or if there would even be a country in 10-15 years. But these will always be tax free and i can pass on to my children. [/quote] How will they always be tax free?[/quote] i buy lots of them cash from the local coin shop, no receipts and no records, xfer to children = gov never knows. [/quote] Until they go to sell... they'd have to declare it as part of the estate to get stepped up basis, otherwise they owe tax on their entire sale. [/quote] :mrgreen: sure buddy! [/quote]
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