Originally Posted by Don Perignom View Post
Originally Posted by accountinquestion View Post
There are reasons unsuccessful simpleton people flock to Trump. Mickey also knows why he invested in gold. It wasn't because he was sharp money - he just wanted to hedge against inflation but mostly to avoid paying taxes. 100% lock.
I'll comment because you repeated it. If you think virtue is achieved through obedience to your slavemaster, you're more of a brainwashed simpleton than Mickey.

Gold is taxed punitively -- because they don't want any rats escaping the ship. In many jurisdictions, you have to pay sales tax to buy it. And the income tax treatment is vindictive. Gold is categorized as a collectible, which excludes it from the (relatively) relaxed rates assigned to long-term capital gains.
Only idiots like you would pay sales tax on gold. And you’re probably idiot enough to pay 4% or 5% premiums. I wont pay more than 2%. I know where to buy right now for 1% premium. And guess what doofus, if i were to sell I would get at least 2% above spot. Thats another thing you got to watch for, Don Pimpleface. You need to know the exact spot price when you walk in the door. It changes quickly.