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View Full Version : While markets get shaken, several US states made precious metals a legal tender...


Skybird
10-11-18, 08:15 AM
.. 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! :har:



https://translate.google.de/translate?sl=de&tl=en&js=y&prev=_t&hl=de&ie=UTF-8&u=https%3A%2F%2Fwww.focus.de%2Ffinanzen%2Fboerse%2 Fexperten%2Fwaehrungswettbewerb-eroeffnet-us-bundesstaaten-mache-es-vor-gold-und-silber-konkurrieren-beim-bezahlen-mit-dem-dollar_id_9618923.html&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).

em2nought
10-12-18, 10:46 AM
Seems like a good way to encourage savings, increase real wealth, and lessen impact from market forces for the average Joe. :Kaleun_Thumbs_Up:

Ashikaga
10-12-18, 11:19 AM
Next thing you know the Gold Standard returns. ROFL