Comments on: PM breakouts galore http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/ A site to share my tips, tools, and humble thoughts on the journey to wealth Mon, 15 Mar 2010 20:01:54 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Novice http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/comment-page-1/#comment-3081 Novice Wed, 11 Jul 2007 04:03:37 +0000 http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/#comment-3081 It seems to me that GDX would be even better, as it has leverage over metal vehicles in the next impulsive phase, which hopefully has begun. Also, any particular reason you like GROW over ROY? It seems to me that GDX would be even better, as it has leverage over metal vehicles in the next impulsive phase, which hopefully has begun.

Also, any particular reason you like GROW over ROY?

]]> By: ML http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/comment-page-1/#comment-3078 ML Tue, 10 Jul 2007 21:11:56 +0000 http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/#comment-3078 Mike, I prefer CEF (Central fund of Canada) which is 50% gold and 50% silver due to its better tax treatment (capital gains rate vs 28% collectibles rate) and audit procedure. It's a closed end fund so carries a premium. You also have to file a form 8621 (?) each year if holding in a taxable account. Also check out DBP(?) which uses futures and also has better tax treatment. Mike,

I prefer CEF (Central fund of Canada) which is 50% gold and 50% silver due to its better tax treatment (capital gains rate vs 28% collectibles rate) and audit procedure. It’s a closed end fund so carries a premium. You also have to file a form 8621 (?) each year if holding in a taxable account.

Also check out DBP(?) which uses futures and also has better tax treatment.

]]> By: Mike http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/comment-page-1/#comment-3076 Mike Tue, 10 Jul 2007 04:18:46 +0000 http://www.1stMillionAt33.com/2007/07/pm-breakouts-galore/#comment-3076 GLD seems like the best way to buy gold if futures are not an option. Do you think this is a good play? GLD seems like the best way to buy gold if futures are not an option. Do you think this is a good play?

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