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WMARKW

WMARKW
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  • Bottom In Gold Likely To Be Below $770 [View article]
    filipo - all you have to do is wait a week or so, and that silence will be broken for a week or so.

    Here's my prediction. The top in gold will likely be over $10,000. And, I will NEVER be proven wrong.

    Old saying among accountants. "Give em a number or give em a date, BUT NEVER give em both."
    Apr 10 04:04 PM | 1 Like Like |Link to Comment
  • Words Of Gold From Warren Buffett [View article]
    Pretty sure you can convert gold into anything you want. I suspect you can trade it for diamonds. I know you can trade it for silver or other PM's. And, of course, you can trade it for any other currency in the world. It's not hard to do any of these things.
    Apr 10 01:53 PM | Likes Like |Link to Comment
  • Words Of Gold From Warren Buffett [View article]
    Gold is leased out all the time.
    Apr 10 01:51 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates."

    http://1.usa.gov/1gQm8lj

    That income is entered on line 17 on your 1040....adds to gross income and is then taxed at personal tax rate....
    Apr 10 01:25 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Ummmmm...fxdude, isn't a Sub-S corporation a "pass through" entity for tax purposes. If so, then all the income from the corporation is passed to the individual shareholders and taxed at individual rates. So, tell me again how that affected the Koch Brothers.
    Apr 10 01:16 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    perplexedtex....that would be patently "unfair". [sarc off]
    Apr 10 09:32 AM | 3 Likes Like |Link to Comment
  • Global Financial Stability: Beginning To Turn The Corner [View article]
    In Japan. You can't be serious? Raising taxes and continuing to sell JGB debt to Japanese citizens is a recipe for continued battle with deflation. Of course....the Yen Carry Trade continues.
    Apr 9 06:03 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Pay them to go to school instead of paying them to do nothing....unless of course they already have a degree in STEM.
    Apr 9 05:59 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    OA - good point. Our corporate tax rate at the top level in Swiss structured entity is less than 5%. Go figure.
    Apr 9 09:16 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Until the "middle class" figures out how to raise their real wages nothing will change in economy. The rich don't drive it. The poor don't drive it. However, I bet all the recent tech millionaires are doing some driving....unfortunately there aren't a million of them.
    Apr 8 07:13 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Hey, those min wage employees are free to leave MCD and WMT any time they want to find a job with higher pay - right? What? You say, they can't? Well, I wonder, why is that?

    Hey wait a minute. I wonder how many of those guys are making Social Security and are happy to just have a no brainer job to supplement their income and give them something to do?

    I wonder how many of those guys have a spouse that is working full time at a job and they only need to work 15-20 hours a week when the kid's in school to make a few extra bucks?

    Hey, I wonder how many of those kids are High School kids willing to work part time for a few hours a week to make a couple bucks to pay for gas?

    Hey, I wonder - in reality - how many of those guys actually work 40 hours a week?
    Apr 8 06:43 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Another mistake by Japan. They want some inflation but they increase taxes and sell their debt to their own citizens. Take all the money from the citizens and watch what happens to deflation. But then again....gotta keep that carry trade going.
    Apr 8 09:06 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I am still waiting for someone to explain to me the real method of avoiding taxes by depositing money into a Swiss bank account. Are you saying that because they had a foreign bank account, they didn't have to pay taxes on their 1% interest? Are you saying that they also failed to file their US taxes noting income from foreign sources and were aided because the Swiss banks didn't report to IRS? Help me out on this one?
    Apr 7 07:58 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    John....is that living wage before or after government subsidies?
    Apr 7 07:43 PM | Likes Like |Link to Comment
  • Why I Strongly Disagree With Goldman's Bearish Gold Call - Buy The GLD [View article]
    FX....got any price predictions and dates? Otherwise....you have an opinion. You could also share your trading strategy?
    Apr 6 07:05 PM | Likes Like |Link to Comment
COMMENTS STATS
10,057 Comments
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