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<p>[QUOTE=&quot;Victor, post: 679066, member: 5454&quot;]<b>Ira</b></p><p><br /></p><p>Since nobody has addressed the question about Precious Metals in IRA here is my opinion.&nbsp; No way!&nbsp; Nobody is going to know what I own and especially those who would love to tax me on it.&nbsp; If I buy 10 ounces of silver from Mr. Arnold and sell five to Mr. Smith do I want anyone to know about it?</p><p>So far the State of Connecticut does not charge sales tax on purchases of bullion and coins.</p><p>The wonderful State of Massachusetts does if the dealer wants to do the paperwork.&nbsp; And it&#039;s now 6.25 percent in Mass.</p><p>Opening an IRA with metals is in my opinion inviting taxation- period.</p><p>When the time comes to sell I want it to be a private matter with nobody sticking their nose in.[/QUOTE]</p><p><br /></p>

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