Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion

Discussion of the Gold portion of the Permanent Portfolio

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dragoncar
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Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion

Post by dragoncar » Fri Jul 08, 2016 6:23 pm

yes, its the same deal as GTU was

although I only have it in tax-deferred right now (but that saves me from having to file that stupid form I hate)
Libertarian666
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Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion

Post by Libertarian666 » Sat Jul 09, 2016 9:13 pm

MachineGhost wrote:
Libertarian666 wrote:I like CEF, partly because it has silver, and partly because its tax treatment is supposed to be the same as normal capital gains, not the "collectibles" rate.
Does that mean you can get the 0% capital gains rate if you're in the right bracket instead of your income tax rate?
Yes, that is my understanding, as long as you file the correct 8621 forms every year.
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