What is the benefit of realizing the gains for France? They had gold, they still... | Hacker News

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		Bootvis 26 days ago \| parent \| context \| favorite \| on: France pulls last gold held in US What is the benefit of realizing the gains for France? They had gold, they still have gold. They don't pay tax on their gold or gains.

Galanwe 26 days ago [–]

I don't think they cared about realizing the gains. They just wanted to roll to a new position on higher standard ingots. It just so happen that it meant selling/buying, which realizes the gains.

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