It seems to me that the 1974 legislation removed the ban on individual ownership of gold, period. The 1997 legislation allows for gold coins and bars of 99.5 per cent gold to be included in IRA's rendering them non-taxable while held in those accounts. Eve -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of SnowDog Sent: Friday, May 04, 2001 6:46 AM To: e-gold Discussion Subject: [e-gold-list] RE: Fw: Laws pertaining to gold ownership in the United States > December 31, 1974 the US government ended its ban on individual ownership of > gold. In 1997 Congress passed the Taxpayers Relief Act, allowing US > Individual Retirement Account holders to buy gold bullion coins and bars for > their accounts as long as they are of a fineness equal to, or exceeding, > 99.5 percent gold. This confuses me, since the American Eagle, issued by the US Government and heavily traded in the US, is only 90% gold. Craig --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
