Adding gold to portfolio?

[CTR0022]

Are there any tax advantages to physical gold? Who keeps track of what you bought it for when it comes time to sell and reporting capital gains?

[brokeno]

IRS treats gold and other precious metals as collectibles for tax purposes Collectibiles have a 28% top federal tax rate for long term capital gains.

[trophy8]

IRS treats gold and other precious metals as collectibles for tax purposes Collectibiles have a 28% top federal tax rate for long term capital gains.

And who reports that? lol