Gold Coin Sellers Angered by New Tax Law

[American Rage]

Wow. There is so much to comment here. So, in no particular order:

1. Aren't the commies sneaky!

2. The gold rush is a sign that many people believe the economy is going to collapse. In other words, if dollars are worthless, gold will become the new currency of choice and the value will explode. Those who don't have gold barter. Is silver next? And yes, lead and brass will rise, even more so if packaged with powder and primer.

3. Wow, they'll have to hire at least 2 people to fill out the tax forums! How soon before those are federalized positions? Can you imagine if virtually every midlevel businessman in the nation had two federal employees in his office just to make sure he doesn't cheat Uncle Samao (I think I possibly just coined a new political term?). Naturally, before long the two Uncle Samao employees will be making sure the businessman is paying 2/3 of his profit for the Uncle Samao. Ironically, Uncle Samao's to employees will each recieve approximately 1/3 of of the businessman's profit.

4. So much for transparency. Is anybody keeping count of all the transparency these days?

5. Of course, with the entire financial system nearing collapse from socialist rot and conservative fear, why wouldn't you invest in the only material that has stood the test of time throughout history?

6. If I had the money, I'd a million in gold today, and a half million 10 years ago, and another 5 million in the future.

7. Again, there are substitutes.


Rage

[JTHunter]

If the price of lead and brass increases I'll be screwed then.

Makes that old idea of melting down tire weights look more appealing, doesn't it?