Why is Canada’s new $2,000 gold tax so bad for the rich?

Posted by Ars Technic on April 29, 2020 05:11:16What if you could replace your old gold coins with gold?If you’re a regular reader, you probably know how that works.It’s an old-fashioned idea that dates back to the late 1800s.Back then, the US government gave its gold to the Treasury Department as a “mixed metal” tax.In …

‘The only thing I love more than gold is gold’: Gold analyst says gold is worth $1 trillion, not $1,000

Gilt has become a hot commodity this year.It’s up more than 50 percent this year, thanks to the U.S. gold ban.Gold is the dominant gold product, and analysts say it’s likely to rise to $1.1 trillion this year after rising to $900 billion last year.But what do you do with all the gold that’s become …