Here's something from Sinclair in 2007.
Okay so I don't understand most of the first paragraph but that happens a lot when I read Sinclair but the second paragraph shows that he is of the opinion there won't be excessive taxing of gold profits should we make the killing that some of us are thinking about.
"Just review the case studies of any of the companies that have run into derivative problems and you will see exactly what I am telling you is already occurring where control of the producers by dilution as a result of losses on OTC short of gold derivatives are concerned. Simply look at the few reports on who was on the other side of the Ashanti situation, since as it was a clear giveaway. Now there is silence on who the creditors are as a product of the loss developed by the close of the OTC derivative short of gold.
As such you can forget the talk of any action that would, like in the 30s, make holding gold or gold profits illegal or taxed to death.
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