Greg McCoach http://www.goldworld.com talks about owning gold coins, bars and bullion, tax implications and what to buy. From the Angel Profit from the Peak Summit (2007) http://www.energyandcapital.com
Duration : 0:7:30
Technorati Tags: angelpub, bullion, coins, Eagles, gold, goldworld, investing, mccoach, metals, peak, precious, profit, silver, stocks, taxes
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in 2-3 years gold …
in 2-3 years gold will be cheaper
wait to buy
Keep in mind …
Keep in mind Krugerrands are not as high in gold as other bullion coins.
You can buy bullion …
You can buy bullion in any country but the 1099 rule is specifically related to US Tax issues.
The thing he failed to mention about the numismatic is that Numismatic coins are for collectors although Carson city coins & New Orleans coins will always increase in price.
lets push the hype …
lets push the hype on youtube.
what if I am not a …
what if I am not a US citizen??
Greg i should buy …
Greg i should buy from Amerigold?
thank you
if you can find …
if you can find silver/gold “metal” buy buy buy!
don’t buy paper or stocks!
The 1099 info is …
The 1099 info is great.
Reportable sales ( …
Reportable sales (again, customer sales to dealers) apply to 1-oz Gold Maple Leafs, 1-oz Krugerrands, and 1-oz Mexican Onzas in quantities of twenty-five or more in one transaction. Reporting requirements do not apply to American Gold Eagles, no matter the quantities. Furthermore, reporting requirements do not apply to any fractional ounce gold coins.
how do i know what …
how do i know what type of gold/silver is 1099 reportable? i was about to buy 5oz of canadian maple leaf till i saw this video. when i was to buy the canadian maple leaf the dealer was not going to charge me taxes if i paid in cash. also candian maple leaf has .999 purity as compared to the eagles. how can one find what is taxable and what is not.