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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997
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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
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10-11-18, 08:15 AM
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#1 |
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Soaring
 Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 40,477
Downloads: 9
Uploads: 0
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While markets get shaken, several US states made precious metals a legal tender...
.. or at least free it from tax duties (selling, capital gains).
Just until two years ago or so Washington was pressing Berlin to end the German habit to free gold from selling taxes and capital gain taxes. After 1 year of holding gold , you are free from such tax duties over here. And now this!  https://translate.google.de/translat...tml&edit-text= Feel free to complement with a better English source. (I do not promote gold and precious metals as an "investment". They are a security, no investement).
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If you feel nuts, consult an expert. |
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10-12-18, 10:46 AM
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#2 |
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Ocean Warrior
 Join Date: Mar 2004
Posts: 3,260
Downloads: 0
Uploads: 0
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Seems like a good way to encourage savings, increase real wealth, and lessen impact from market forces for the average Joe.
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Looks like we need a Lemon Law for Presidents now! DNC sold us a dud, and they knew it. |
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10-12-18, 11:19 AM
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#3 |
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Commodore
 Join Date: Aug 2016
Location: Netherlands
Posts: 617
Downloads: 31
Uploads: 0
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Next thing you know the Gold Standard returns. ROFL
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