gold news

  There's a conflict for gold unfolding with supply chain complications still quite significant and there are two nations that are going to be battling it in a particular manner. Enormous insights can be gained from this as we progress with the gold market. Let's discuss it as we examine taxation. You've been hearing a lot about it here in the United States on this channel as I have explained how many states around the country have been moving to eliminate taxation and acknowledge gold

and silver as lawful currency. Well, around the globe, taxes are also being employed in order to direct the gold markets in two different nations. I'm going to be citing two pieces here. The first we're going to address is occurring in Indonesia right now. a very large supplier of gold. By the way, one in the top 10 for certain. I'm going to be citing an article here from Vincent Lancency, who is the publisher of Goldfix newsletter that has a segment on this. Indonesia will implement a new

export fee on gold items by the end of the next year, marking a major policy adjustment for one of the world's top suppliers as the government strives to expand domestic refining and processing capacity. The announcement caused the immediate declines in gold linked equities. It kind of reveals her urgency to be able to use taxes in this manner. According to Nikki Asia, Fabrio Nathan Kurdu, director general of the fiscal economic strategy at the Ministry of Finance told lawmakers that the policy

is in its final phase. He said the fee will differ by product type. When gold trades between $2,800 and $3,200 per ounce, fees will range from 7.5% to 12.5%. If the price surpasses $3,200, the rate rises to 10% to 15%. Fabrio stated that the door nuggets, ingots, and cast bars will face the highest charge, while minted bars will encounter the lowest. So, you observe what's happening here. Think of it as a gold market manipulation of sorts. Shares of domestic miners dropped as investors measured the margin effect. Archie

Indonesia fell 5.9%. And Moratica Gold Resources dropped 3.5%. And it just goes to show you that taxation usually is a setback for the economy overall. So this is what's happening in Indonesia. I think that's part and parcel because they want to retain a lot of that gold internally and a lot of the gold processed outside of the country. So, they want to preserve it in the nation. Gold has climbed from $2,565 per ounce last year to a record near $4,400 before a recent decline. Indonesia,

which is the eighth largest gold supplier globally, has encountered rising investment and market activity around the metal. In July, the Indonesia Stock Exchange confirmed plans for a gold ETF introduction. In September, MDCA Gold Resources raised 4.66 trillion rupia in the largest gold IPO of the year, which was 4.6 times overs subscribed. The company has since opened a penny gold mine, aiming at 7 million metric tonses of or per year. At Anakica Tamb, the nation's largest bullion producer, retail gold prices recently

surged 27,000 rupia in one day, about 10 times the normal daily movement. Now, the chairman of the Indonesia Mining Association said the export fee is reasonable because local demand is increasing faster than supply. So, he wants to kind of regulate that because of the supply chain issues there. He said Indonesia imports more than 40 metric tons per year despite producing more than 150 tons. Industry groups voiced worry over the policy's influence on higher grade products. Hendra Sidec, chairman of the Indonesian Mining

Association said refined bullion should not be barred from export nor should it be subject to export fees. Economist Joshua Partardetti of Permit Bank said the policy would enhance the trade balance by redirecting exports toward higher value items, but warned that higher fees cut into upstream income and could weaken investment, postpone new projects, and eventually reduce output. Faro also noted that the government plans to restore export fees on coal, reversing a 2006 removal. The move aligns with Indonesia's broader

downstreaming strategy to expand domestic processing and value added manufacturing. So essentially, it's kind of like a tariff because they want to preserve a lot of that gold internally. So they're truly placing much heavier tariffs on unprocessed door bars to stop it from leaving. But recall a lot of it is still coming in, but there's still going to be those fees that will be applied to it. That's how they use taxation to sort of socially manipulate as it were. And of course it occurs

around the planet. There's no question about that. So that's one account. The next account comes to us from Italy from fashion twerk.com. Italy considers a one-time charge to bring private gold holdings into the official economy. And again, there you go. another means to use taxation to kind of guide economic conditions and socially manipulate the economy in a sense. The proposal would permit individuals to pay a 12.5% tax to authenticate the market value of bullion, gold, jewelry, and collectible

coins for which purchase records are absent, the same rate as on government bonds. The authentication has to be completed by June of 2026. Under current rules, the absence of proof of purchases can lead to a 26% tax on the entire sale value rather than just the actual profit. This has discouraged people from selling their inherited gold on the official market and pushed some deals into informal or undeclared channels. Do you think obviously that's going to happen with that looming very very harsh

tax? It reduces market liquidity and tax proceeds. Lawmakers from co-ruling league and Fortzia Italy party said some estimates put privately held gold in Italy at 4,500 to 5,000 metric tonses worth roughly 500 billion e at current prices. Italy's network of comporers businesses that buy and sell gold has seen a sharp increase in activity as prices reached record highs. Sales of used gold rose around 25% in 2025. More than 1.2 2 million transactions per month driven by households liquidating

old jewelry and coins. According to Metropolitan magazine, an Italian publication, under the proposed measure, taxpayers opting and would declare their holdings at market value, pay the substitute tax in one or three yearly installments. So that tax essentially is about half or a little less than half, and acquire a stepped up fiscal value basis for future sales. This procedure would be supervised by authorized intermediaries and advisers with strict anti-moneyaundering reviews. Supporters say the measure could produce

significant one-time proceeds for the Treasury while improving transparency in a market characterized by obscure holdings and informal family transfers. Based on the assumption that 10% of privately held investment gold is authenticated, draft estimates show added revenue of up to 2.08 08 billion. You know, here's the thing about it. You know, it's very easy to be able to authenticate whether gold is real or not through a number of different techniques. You don't need the government to tell you that, and you

don't need a tax to do that either. Nonetheless, to make it official is kind of what is a part of Italy's economy. So, it sounds like they're lowering the tax, reducing it to encourage people to use the official channels because they're losing proceeds because of what? High taxes. Another insight here. If you want to decrease economic activity and damage your government and income, raise taxes. That's going to accomplish it almost every time. A worthwhile insight we can learn from this for certain. The

proposal also attempts to promote the lawful movement of gold by removing what stakeholders see as a punitive system for individuals unable to document purchases made years or generations ago. The amendment still must pass parliamentary review and government examination. Well, I'm telling you, it's the least they can do. Reduce the taxes. Honestly, they ought to eliminate the taxes from it. But that's just my opinion on it. But it's wild. Gold is a metal here in the United States. You

know, we do have capital gains tax on gold items, including buffaloos and eagles. Sadly, there should not be a governmentissued coin, but I don't think there should be any capital gains tax on at all because gold is a safeguard against where we're being taxed from the inflation of this. The loss of value of this is a concealed tax. We're already paying taxes, folks. Make no mistake, you're already doubly taxed, every single one of you. And when you consider the other ways that you're taxed, more

likely three for five times you're taxed in most examples and ways. It's madness, folks. But nonetheless, that's the world we reside in. And this is a worthwhile insight for us that we should absolutely consider here that gold is a method to shield yourself. And in itself, in and of itself, you know, it doesn't do anything except preserve your wealth over the long span of time and look very attractive. Yes, indeed. It is a very appealing metal by any measure. I adore the look of gold, and I adore the feel

of it almost just as much as the look. It's extraordinary. The weight of it, the feel of that weight in your hand is unmatched with any other metal except for platinum, which is even more dense, but it's not as striking. So, there you have it. But compelling account here. Literally, they are becoming desperate. And I think they're becoming desperate for gold as these taxes and charges and tariffs are centered around gold, especially considering how high the prices have risen in two different

situations essentially generating what amounts to sort of a precious metals conflict, if you will. Let me know what your thoughts are in the comments section down below. Hope you found this video enlightening, insightful, and educational. I'd like to extend a multitude of appreciation to each and every one of you for taking the time to watch and encourage you to please rate, share, comment, and subscribe. Don't forget to like our video and subscribe for our channel.