Hey everyone, Happy New Year!

In the bill that the senate passed early this morning, there is a provision for a 40% estate transfer tax on estate's greater than $5 mio. While this is less than what was talked about earlier in the negotiations, the realiization of it could influence gold positively in my opinion.

What better way to avoid this tax for high net worth individuals looking to not get raped by the gov't than to convert paper money into gold and then give it to their heirs.

SM