On Thu, Jan 2, 2025 at 11:24 AM Fred Tydeman wrote:
> I have an investment in gold (so many ounces).
> That investment earns "interest" payable in gold (not USD).
> When I try to setup a new Income account,
> the only Namespace offered is Currencies.
> If I try to add a fake currency of Gold,
> I
Hi Michael, Fred, & GnuCash users,
This is an interesting topic!
The points that Michael brings up about tax implications made me wonder
if your gold investment produces a 1099 and if so, what type of 1099 it
generates...?
Which is another way of wondering if it is classified as interest inco
Sorry this is off topic, but it was President Nixon who got rid of the
gold standard in the early 70's (not 1930's). Now we don't have real
money anymore...
On 1/2/25 4:40 PM, Michael or Penny Novack via gnucash-user wrote:
On 1/2/2025 3:14 PM, Derek Atkins wrote:
Bitcoin isn't technically a
On 1/2/2025 3:14 PM, Derek Atkins wrote:
Bitcoin isn't technically a currency.
-derek
Neither, in the US, is gold. Back in the 1930's when we went off "the
gold standard" it became illegal to contractually require payment in
gold. Existing contracts had that part declared null and void. LOL, a
On 1/2/2025 11:24 AM, Fred Tydeman wrote:
I have an investment in gold (so many ounces).
That investment earns "interest" payable in gold (not USD).
When I try to setup a new Income account,
the only Namespace offered is Currencies.
If I try to add a fake currency of Gold,
I do not get the Curren
Bitcoin isn't technically a currency.
-derek
On Thu, January 2, 2025 3:10 pm, sunfis...@yahoo.com wrote:
> Although bitcoin gets handled as a commodity, and not a currency. At least
> from what I understand at this time.
>
> David T.
>
> On Jan 2, 2025, 7:42 PM, at 7:42 PM, Derek Atkins wrote:
Although bitcoin gets handled as a commodity, and not a currency. At least from
what I understand at this time.
David T.
On Jan 2, 2025, 7:42 PM, at 7:42 PM, Derek Atkins wrote:
>use currency XAU -- that's what it's for.
>
>-derek
>
>On Thu, January 2, 2025 11:24 am, Fred Tydeman wrote:
>> I
use currency XAU -- that's what it's for.
-derek
On Thu, January 2, 2025 11:24 am, Fred Tydeman wrote:
> I have an investment in gold (so many ounces).
> That investment earns "interest" payable in gold (not USD).
> When I try to setup a new Income account,
> the only Namespace offered is Currenc
I have an investment in gold (so many ounces).
That investment earns "interest" payable in gold (not USD).
When I try to setup a new Income account,
the only Namespace offered is Currencies.
If I try to add a fake currency of Gold,
I do not get the Currencies Namespace.
I could guess at the price
