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To: John Valentine

I’m glad I put all my savings into gold and silver back in 2000. I’m up from a gold price of $250 and a silver price of $4.20 to a current value of around $650 and $13. And the best part is it is all TAX FREE.

I can take my coins down to my dealer and walk out with cash any time with no paperwork as long as I cash in under $10k in coins. As far as the IRS is concerned I spent all my savings 7 years ago.


22 posted on 06/16/2007 7:09:07 AM PDT by Duke Phelan (Save the cheerleader, save the world.)
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To: Duke Phelan
As far as the IRS is concerned I spent all my savings 7 years ago.

Until the IRS uses alternative methods of estimating your income, calls your precious metals stockpile an investment, and comes after you for capital gains, etc.

24 posted on 06/16/2007 9:30:30 AM PDT by 1rudeboy
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