focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
JMHO FWIW the super rich are hiding their newly extorted wealth from the bail out funds in cryptos and wont want just the boring straight line groth scenario. The biggest holders will club together to collectivley quietly move their blocks from a crypto dong well to a lagging crypto and then dumping the price so multiplying their wealth many times over tax free. This will mean all cryptos will probably rise but in a very spradic way. Meanwhile we have seen exactly this from crypto related stocks over recent days and weeks - ARB has probably been the most stable - look at crypto related BLU and OBC and even SYME. I think we just have to sit in our ISAs and SIPPs topping up the lows and slicing the highs and we'll all do just fine. I am on a massive "more than free carry here" and hope soon to be so on the other 3 shares |I mentioned. However I will say gold and silver are also beyond the tax man and whereas silver and crytpos are having their day - I think I saw the signs today that the regal metal is on the charge again - and that may be the cause of a shrt term pull back in cryptos - afterall given the super rich are playing silly b*gg*rs wth the markets to max their profits, how would we know what was coming next ?
ARB has good news and pulls back OBC rises on no news then starts to pull back, BLU falls then ramps back up again. If you want to include SYME thatstarts up pulls back and maybe rising again. I think by their very nature crypto investors are traders and someone is making a fortune just jumping between horses. A bit niffed I dont have any OBC but releaved to see this bounce back - a day early I think - the chart does/did suggest todays low would come.
ISA M&S for everything food and drink - cant go wrong - but if its dry and tough cook it for less time next time.
Yes but what was their subscript to it ?
Take off 1.5% for the rising £ - why has that gone back up ?
So you have to crystalise it all at once - that's no fun
Correct - once its in an ISA or a SIPP its not taxed. ISA not taxe on withdrawl. SIPP drawn down taxed at income tax rates but what you can do is crystalise so much every year into a delayed annuity with a 25% tax free lump sum until its all crystallised - I think
Amusing - but I missed the fact that plasma and oleandrin made things worse - really ?
Said this already today. The rich are transferring wealth to cyptos to avoid the inevitable deluge of high rate taxes on everything else. How to then make a profit ? Cryptos have no value beyond being speculative reserve currencies so the richest will gang together to take positions at low prices and then ramp up some cryptos while taking shorts in others and pushing them downwards. We will never know what they will do next. That's the idea. Best thing to do is top up the lows and sell into the highs. JMHO.
Happy to keep top slicing here. But just letting yu know my thoughts. BTC is flying, silver is now flying, even oil is now flying. Gold is just starting to move. It to is "beyond taxation" although we all know the US government once forcible confuscated it from the populous. Such an act again would cause massive protests, and indeed a hike in pog. JMHO DYOR
The rich are sheltering their money in cryptos to avoid the inevitable tax war that will follow the world wide stimulus orgy. They will gang together to swing coin values up and down relative to each other for their own mutual profit by buying in as others sell out at a ramped rate. Thus I expect the price of individual coins to rise and fall more and more dramatically as they take small time trend investors to the cleaners. Zcash is I believe an annonamous ledger - therefore perfect for rich people to hide their wealth in and manipulate - so perfect to mine while it is at low levels. When something else is relatively low - mine that instead. JMHO DYOR
As said at the weekend - someone once told me of the 3 strikes and your out pattern - this is BTCs third go at it and its still climbing on a day to day basis and has now hit the high. I think the confirmation of commitment to further stimulus in the US will push it beyond 20k and I think it will then quickly jump back to the top of its trend chart at approx 22k - which should be a good end to the week for us !
Wherever he goes I;m sure we'll all br following...
New guy is a deal maker - doesnt that say everything ?
Not surprising - its called manipulation
Yes totally agree - if BTC is up above 20k Monday open, ths won't gap up but will move up with some vigour if BTC doesn't slide... I think we had a 20% day last time the starts arrived - no reason not to again - all looking good.
Having its third shot at 20k. Apprantley its a common market saying "three strikes and out" in the money markets. can't see bitcoin not making +20k and it has a habit of dropping before the weekend then going on a weekend stealth attack so the hopeful the world's most unpredictable currency will be near $22k early next week,
Gold and bitcoin or whichever crypto the rich thugs decide to pump next once they've sold off bitcoin to poor people will both boom like 5h1t as the world keeps printing money in the blind hope that will stop rich people hoarding theirs and dupe poor people into giving away theirs. Meanwhile the real economies of the world ie real production levels will fall away to nothing. Wise UK investors will profit by buying anything that is bought with johnnie foreigner money and sold in pounds as this country slides toward 3rd world status because of the brexit the lying traitorous 5h1ts like Barrage duped the morons into voting for. Right, ok that's the long term weather forecast done with.
Inspired by Portland. Brexits morons were lied to start to finish. We remainers have been proved right. The EU were never going to negotiate. Now we must leave with no deal because for once the Brexit morons are right - we cannot allow the EU to make our laws for us if we are not part of the EU. Worst bit is before long everyone ese but us will have deals with the EU. What we should do is arrest Nigel Farage, prosecute him as a traitor, execute him, and then threaten to do the same to every other prminant rich Breixteer unless they repatriate all their wealth and hand 905 of it over to the crown. After that we should all kill oursleves anyway becuase anyone with half a brain wil realise we are on our way to becoming one of the poorest nations in the world - and what is more - we allegedly voted to do it to ourselves. This is the end.
Another great day