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<p>[QUOTE=&quot;Bluesboy65, post: 1139389, member: 23329&quot;]&quot;Profit&quot; was probably the wrong term to use but I&#039;m sure Silverhouse had no idea the fire this casual reference would draw.&nbsp; If one were always on point and careful to use precise terms he might have used the term &quot;<b>capital gain</b>&quot; instead.&nbsp; If the metals were sold and he had money sitting in his bank account he could have talked about his &quot;<b>realized gain</b>&quot;.&nbsp; It&#039;s perfectly fine to maintain a capital gain or cash out and have a realized gain; there&#039;s a thousand different investment objectives that drive this decision.&nbsp; Of course the IRS recognizes this difference as well and has different tax treatments for each.</p><p><br /></p><p>BTW Frydaddy, I just used your repsonse here because it was the last in this &quot;profit&quot; conversation, I&#039;m neiter agreeing or disagreeing with your point.</p><p><br /></p><p>Regards,</p><p><br /></p><p>Bluesboy65[/QUOTE]</p><p><br /></p>

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