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[quote=Anonymous][quote=Anonymous]The problem is finding a dealer to sell it to who won't report the transaction to the IRS. [/quote] Federal regulations only require dealers report cash sales of gold over $10K. While that might be a problem when gold reaches the 10K limit, it hasn't been up to now. Quite easy to sell a 1 oz gold coin here and there for cash. Gold coins can also be obtained in 1/2 ounce, 1/4 ounce, and even 1/10th of an ounce, making it even easier. Not to mention, gold is often held as an emergency portion of a portfolio. If my dad is holding 100 ounces of gold and dies and leaves it all to my brother, chances are my brother will just hold it as part of the emergency portion of his portfolio, so no sales are even involved.[/quote]
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