As Tax Day approaches, millions of Americans are becoming increasingly filled with panic and dread.

The Trump tax cuts may offer some relief. But not everyone will benefit greatly from them. A few could even see a higher tax bill for 2018 thanks to newly imposed limits on certain deductions.

The tax code itself remains absurdly complicated, needlessly invasive, and patently unfair. Some of that unfairness targets precious metals investors in particular.

For example, the tax code arbitrarily treats capital gains on all forms of physical precious as “collectibles.” For no good reason, the IRS taxes collectibles at a rate of 28% instead of the lower rates that apply to long-term gains on real estate or paper assets such as stocks.

Still, physical precious metals can be tax efficient investments if held the right way.

Since a gold or silve ... Read more »