India lowers the Duty tax on gold from 12.5% to 7 .5%
 

this should increase the demand for gold worldwide. India's population is the largest retail gold purchaser.

https://www.kitco.com/news/2023-01-2...smuggling.html

seems to me...after today's early big down move and now big climb back up into positive territory...that the market will never go down ever again...at least for the foreseeable future...

Good news is positive and bad news is now positive...so....good luck...LMAO

"Paul Pelosi, the multimillionaire husband of former House Speaker and current Rep. Nancy Pelosi (D-Calif), sold 30,000 shares of Google stock a month prior to the Dept. of Justice's announcement of an antitrust lawsuit against the tech giant, according to a financial disclosure filed with the House of Representatives."


https://www.msn.com/en-us/news/polit...fda016c7c06167

this is up 12% since my pump

GDSI is down 20% since my pump. i am still holding looking for a possible 10 bagger or more by the end of April.

all you guys that can't wait to vote for Democrats should get your head wrapped around Chris Jacobs, especially when he is buying biotech stocks where he is on that special committee. the man is deadly!

Quite the start to the year here, I'm thinking it's some January magic running it's course. I'm not going chasing after this rally.

I could be wrong but I believe Chris Jacobs is not a member of the current 118th Congress. Is there more than one congressman named Chris Jacobs. The one I have in mind hails from upstate New York.

thats the guy. he is from Buffalo

https://www.congress.gov/member/chris-jacobs/J000020

he did not seek another term.

i was getting the info from a website that tracks the congress. maybe he still has to report for a length of time after he left.

HE DID NOT GET VOTED OUT, he just didn't run

___________


I got my tax document from my brokerage a few days ago and I freaked out.
I had made a couple of large (for me) trades early in 2022 that I had forgotten about.
I saw the capital gains and thought I was going to owe a gigantic amount of tax because of it.
It took me quite a while, it shouldn't have but it did, before I finally realized it was a long term capital gain.
Because it's long term I will owe nothing in taxes which is the case for married filing jointly with combined income less than $83,350.
Because my wife and I are retired this applies to us.
Short term capital gains are taxed just like income.
What a relief.


Long term capital gains are the only kind of money making that I know about whereby the IRS doesn't take a crushing % of the profit


never before have I ever made anywhere near this much and owed no tax



https://www.irs.gov/taxtopics/tc409



.

Michael Burry, the man who profited handsomely when the housing bubble collapsed, is predicting 2023 to be an extremely rough year for stocks.

Apple, Google & Amazon all release earnings after the bell...might be an interesting after-hours...lol

I don't recall all three releasing on the same day anytime recently...

Hit that magic 4200 level on S&P futures and promptly turned around into a nosedive...