Commodity Trade Mantra

Posts Tagged ‘Gold Windfall Profit Tax Act’

The Next Gold Confiscation and How to Protect Yourself

Many worry the U.S. government might confiscate gold again if it becomes desperate enough. I don’t think those fears are unfounded. If the price of gold explodes, I wouldn’t be surprised if Congress passes a Fair Share Gold Windfall Profit Tax Act levying a tax of 90%, or more on gold profits. Fortunately, there are some practical steps you can take to protect yourself from this.

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