Gold's Glittering Gains, Taxing Surprises Await, Hmmm?

A Golden Opportunity Or Is It?

Profits in gold there are! Shine bright they do! But a dark side there is hmm. Gold ETFs many hold. A surprise tax bill await them it may. Collectibles the IRS calls gold and its kin. Like art and old comics yes. A trap this is not... entirely. An investment one must consider before profits one dreams.

The Tax Man Cometh Prepared You Must Be

Stocks lower taxes they have 20% at most. But gold as a collectible 28% you will pay! A bitter pill this is. SPDR Gold Shares iShares Gold Trust and abrdn Physical Gold Shares ETF beware investors! A surprise this is not if informed you are. "Treats such ETFs the same the IRS does," says Emily Doak. Informed you must be. Ignorance a path to the dark side it is. Or at least a lighter wallet it makes.

High Prices Higher Taxes A Double Edged Lightsaber

Gold soars high! Above $3,500 per ounce it reached! A 23% rise in 2025! Rejoice investors do! But a shadow looms it does. Tariffs announced by President Trump. A global trade war fears they raise. Gold a safe haven seen it is. But remember the taxman's grasp powerful it is! A safe haven gold is. But free it is not.

Stocks and Gold Different Paths Different Rates

Stocks 0% 15% or 20% the tax rates. Income determines your fate it does. But collectibles a different game. Income tax rates they mirror up to 28%. Confused you are? Understand you must! The Force and tax laws strong they are.

Income Brackets Tax Brackets Prepare Yourself

12% income bracket 12% on collectibles you pay. 37% bracket 28% capped you pay too. Short term gains taxed as ordinary income they are. 10% to 37% beware. Taxes a maze they are. Lost you must not get.

Taxing Times Be Informed You Must

Net investment income tax 3.8% it may come. State and local taxes too. Prepare yourself you must. Complicated taxes are yes. A Jedi Master to navigate them you need not be. But informed you must be. May the Force (and a good accountant) be with you.