How the New Year's tax deadline poses a risk for gold, silver and the Dow
Investments like silver, gold, Nvidia shares, and major stock indexes have surged in December. Sellers are delaying sales until January to avoid immediate capital gains taxes, driving prices higher. Rational investors might consider selling now to lock in profits. Conversely, many stocks have fallen significantly, leading to year-end selling for tax losses, which depresses their prices. This creates potential buying opportunities. Individual financial situations vary, so decisions should be tailored accordingly.
