Quote Originally Posted by shikamaru View Post
Let me modify my post a bit ...

Money is gold, silver, copper coin ... precious metals.

Notes are an entirely different business. Notes are debt instruments .... representations of debt. Notes are contracts evidencing that a debt was agreed upon.

You have a choice, if you are aware, between dealing in money or dealing in notes.

Now that I think about it .... is their even a tax on precious metals? Reporting requirements? I think when metals are converted into notes is when a tax is incurred ....
Think "Use Fee".