“The desire of gold is not for gold. It is for the means of freedom and benefit.” – Ralph Waldo Emerson.
Radio and TV ads for buying gold tout the “get rich quick” theme and prey on the fears of those concerned about geo-political events. But they don’t talk much about the adverse tax consequences.
IS GOLD AN INVESTMENT?
By “gold,” the IRS means gold coins, gold bars, or gold bullion. This also includes ExchangeRead More