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John Canuck Galt

Registration with the Canadian govt. is most likely about taxing the gain on gold relative to the declining fiat currencies. In Canadian style, the CRA (CDN IRS) will probably deem this gain to be "passive income" rather than a capital gain so they can confiscate the 50% marginal rate thru the tax system. If they follow past practice, this will be done retroactively with penalties and interest imposed for not anticipating the greed of CRA for the past 7 years. That should total about 110% of amount in a given account. Or maybe I'm paranoid. We'll see.

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