
Gold Is Precious to the IRS, Too
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Gold Is Precious to the IRS, Too
By Bob Carlson
Precious-metals sellers could face a bigger tax bite than they expect.
Investors have been pouring money into exchange-traded funds that buy gold and silver, and that has helped push the price of gold to a recent high of $1,123 an ounce. But fans of those ETFs might not realize that the tax consequences of their investments could be costly.
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