Tag: gold trading
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3 Tax Saving Plans for Gold Investments
Adding to the confusion of extensive tax laws is the fact that they change, says gold financial strategist William A. Storum. In 2013, for example, new tax laws moved the highest federal income tax rate from 35 percent to 39.6 percent. For 2014, if your taxable income topped $406,750 – or $457,600 if you’re married…
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Precious Metals Continue Their Rise
This week the Gold market notched another all-time high as the Globex June contract traded as high as $1476.40 as the sky rocketing price of Crude Oil are fueling the high prices of both Gold and Silver. Higher Crude Oil prices are aiding global inflation and forcing many investors to choose the precious metals as…
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Weekly Gold Report
Gold Covers A $29.10.10 Range This Week This week Gold traded another new all-time high ($1448.60) as once again high Crude Oil prices helped to fuel this week’s rally. As the north African and middle-east geo-political chaos continue to offer global uncertainty it has become apparent that investors are still choosing the precious metals as…