To: delta7
No! Same rules for everyone. I should not pay more for a gold ETF than for physical ownership of gold. I should not pay more taxes on an industrial metal like copper than for gold. Stop picking this week's favorite.
However, gold shouldn't be in the higher tax collectible category vs. normal capital gains like most investments.
2 posted on
05/06/2026 7:02:00 AM PDT by
KarlInOhio
(Dept. of Education should teach about Nietzsche: DOGE didn't kill it and now it's stronger than ever)
To: KarlInOhio
A gold ETF is as good as a promissory note from a Hobo. 🙄
3 posted on
05/06/2026 7:11:01 AM PDT by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: KarlInOhio
Disagree. Speculating in paper is not the same as having physical possession of a mineral.
6 posted on
05/06/2026 7:53:57 AM PDT by
packrat35
(“When discourse ends, violence begins.” – Charlie Kirk, and they killed him anyway)
To: KarlInOhio
“However, gold shouldn’t be in the higher tax collectible category vs. normal capital gains like most investments.”
How about no tax!
100 oz bullion triggers 1099-B
25 1 oz gold coins triggers a 1099-B.
And LT holdings are capped at 28%.
11 posted on
05/06/2026 5:09:59 PM PDT by
TexasGator
(I1.1..)
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