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 Gold/Mining/Energy : Gold & Gold Stock Analysis

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To: Amark$p who wrote (17808)2/28/2009 8:03:19 PM
From: Nevada9999Read Replies (1) of 29397
 
Tax strategy like that could backfire. At some level tax avoidance trumps tax increases. Excessive tax on gold could result in private hoarding instead of investments in GLD or COMEX or London gold. If COMEX and LBMA inventories were drawn down by deliveries to avoid taxes, gold might become a lot more volatile to the upside.
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