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#1
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Subject:How Investing in Precious Metals Will Help Baby Boomers Retire Comfortably Without Fear
By: David Morgan, Silver Investor Overview: Baby boomers, with every year that you get older, do you become more and more afraid of retiring? I don’t blame you at all. The worldwide economic slowdown epidemic that is forcing homeowners into foreclosure, halting consumer spending, driving up credit card bills and crashing stock exchanges on a global basis are seriously hurting many baby boomers’ plans for retirement. Link: http://news.silverseek.com/SilverInv...1224828000.php |
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#2
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The article says that one of the reasons that precious metals should be invested in is that precious metals are exempt from all capital gains taxes. Could the author or other commentator cite what part of the internal revenue code that they are relying on to make this statement?
Comments and replies would be most appreciated. Philip |
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#3
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Please ignore the last post. I have found the answer. In a retirement account, you do not have to pay capital gains taxes. It seems like any other retirement plan with all the positive benefits of precious metals.
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