Hey all,
This is just a question for those of you who are currently investing in gold. Recently I have become interested in getting my money out of the dollar and I have been looking at places like bullionvault.com. I wanted to buy some gold as I believe we’re headed for severe inflation, but recently I just heard about a 28% capital gains tax on gold here in the US. Does this mean that you are required by law to fork over 28% of any profits you get from your investment in any form of gold? Is there any way to get out of this and how has this affected your decisions in terms of investing in gold / getting out of the dollar? Thanks.