gold, page-95560

what no references what is this from...
Do accounting research and tell me that Gold is not a Capital asset, as it is...and can be claimed as such...on the ledgers as one of three options.
Sorry your words are misleading as need references and full article for context..
but worthy of a different prospective..
But GOLD is a Capital asset, if it is likely to be held for a time frame etc.. different if used such as in jewelry in shorter term, % different a gain if leased short traded etc.