As a senior with savings 35% cash. I am very worried about inflation. Sure, stocks are high, but if I sell, I get hit with capital gains tax. The government steals our money no matter what we do. Gold is a good store of wealth, but selling it is a pain and all the dealers want vigorish.
Capital gains tax is the "penalty" for making money the smart way. Income tax is the "penalty" for making money the regular way. You can avoid both by not making money. So don't sell, leave the stocks to your kids, and YOU will never pay a dime in taxes.
if the World goes Nuclear as some think it could do.......Martin Armstrong and Scott Ritter................then none of us will have to worry what the Stock Market does........
so at this point in time i think what we really have to be concerned about is that Martin Armstrong and Scott Ritter are wrong in their assumptions and the Deep State comes to their Senses and quit provoking Russia............
if the World goes Nuclear................the Stock Market will not matter to anyone.......
i believe the Fed will do whatever it takes.........depending on whether he wishes to accomiadate the Trump administration..........or is the Fed working with the Deep State and wants to take things down and make Trump look bad.............after all that is what the Deep State is up to.........they want Trump destroyed
Monetary Debasement is the Macro policies of the not independent FED and drunk as sailors US Treasury fiscal management.
WE are swimming in the sewer buying every soaring Risk On Asset because holding rapidly, almost worthless, base currency will destroy all future purchasing power...borrow at any interest rate because the principal repayment will effectively be discounted 30%...Weimar Republic redux?
Here in our outside of SF Town a 25 unit new condo development just came onto the market = Average 1600 sq ft, covered parking, no pool, no fitness facility = $2,000,000, $900 monthly HOA & $25K property taxes BEFORE YOU BUY 30% INFLATED GROCERIES!
"A systemic case can be made that the grey swans circling above us are harbingers of transformative change. What is a grey swan? A grey swan is an event that is known and possible to happen, but which is assumed to be unlikely to occur. The term derives from
Nassim Taleb's black swan theory, which describes an event that is unlikely but unknown."
As a senior with savings 35% cash. I am very worried about inflation. Sure, stocks are high, but if I sell, I get hit with capital gains tax. The government steals our money no matter what we do. Gold is a good store of wealth, but selling it is a pain and all the dealers want vigorish.
Capital gains tax is the "penalty" for making money the smart way. Income tax is the "penalty" for making money the regular way. You can avoid both by not making money. So don't sell, leave the stocks to your kids, and YOU will never pay a dime in taxes.
Randy, My kids would sell the stocks immediately and buy magic beans.
if the World goes Nuclear as some think it could do.......Martin Armstrong and Scott Ritter................then none of us will have to worry what the Stock Market does........
so at this point in time i think what we really have to be concerned about is that Martin Armstrong and Scott Ritter are wrong in their assumptions and the Deep State comes to their Senses and quit provoking Russia............
if the World goes Nuclear................the Stock Market will not matter to anyone.......
let us Pray that ...that Scenario never happens
Can the Fed keep easing into all this?
i believe the Fed will do whatever it takes.........depending on whether he wishes to accomiadate the Trump administration..........or is the Fed working with the Deep State and wants to take things down and make Trump look bad.............after all that is what the Deep State is up to.........they want Trump destroyed
ABSOLUTE FINANCIAL INSANITY!
Monetary Debasement is the Macro policies of the not independent FED and drunk as sailors US Treasury fiscal management.
WE are swimming in the sewer buying every soaring Risk On Asset because holding rapidly, almost worthless, base currency will destroy all future purchasing power...borrow at any interest rate because the principal repayment will effectively be discounted 30%...Weimar Republic redux?
Here in our outside of SF Town a 25 unit new condo development just came onto the market = Average 1600 sq ft, covered parking, no pool, no fitness facility = $2,000,000, $900 monthly HOA & $25K property taxes BEFORE YOU BUY 30% INFLATED GROCERIES!
Yes a "Perfect" Category 5 Storm!
"A systemic case can be made that the grey swans circling above us are harbingers of transformative change. What is a grey swan? A grey swan is an event that is known and possible to happen, but which is assumed to be unlikely to occur. The term derives from
Nassim Taleb's black swan theory, which describes an event that is unlikely but unknown."
https://charleshughsmith.substack.com/p/grey-swans-are-circling?