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

4 Responses to “Gold Coins and Bullion”

1. cds10690 on October 19th, 2008 9:34 am

   if you can find silver/gold “metal” buy buy buy!
   don’t buy paper or stocks!

2. truthsabre7 on October 21st, 2008 2:46 am

   The 1099 info is great.

3. adnor1946 on October 23rd, 2008 4:18 pm

   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.

4. joshrain1 on October 25th, 2008 12:55 am

   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.

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