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This makes long-term investing in gold ETFs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 15% rate that is applicable to most other long-term capital gains).
FORBES: The Gold Showdown: ETFs Vs. Futures
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It might be nice to think that people are, for one reason or another, different and not subject to the same rules those that govern other large datasets.
FORBES: Nate Silver, Jonah Goldberg And Conservatism's Intellectual Decline
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You are given the following information. (a) In random testing, you test positive for a disease. (b) In 5% of cases, this test shows positive even when the subject does not have the disease. (c) In the population at large, one person in 1, 000 has the disease.
ECONOMIST: Getting the goat