Re: [sharetrading] Gold ETF ?????????????

 

can anyone confirm whether the rules of LTCG applies to Gold ETF also like, more than 12 months holding and is the Cap gain made on that is exempted?? some people have doubt over this,
kkc

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From: sharetrading.moderator <sharetrading.moderator@yahoo.com>
To: sharetrading@yahoogroups.com
Sent: Fri, May 21, 2010 5:05:49 PM
Subject: [sharetrading] Gold ETF ?????????????

 

Most of the Gold ETF`s are in the process of forming double top which when confirmed can be a bearish sign

Holders should remain alert and watchful

Fresh buying should be strictly avoided till the price breaches earlier top

Personally I am getting out of my Gold ETF may be for a long time to come

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