Login

Personal Finance

Jim Rogers: Long-term bull market is over, Clinton & Trump a lose:lose proposition

Share on Facebook Tweet on Twitter

Posted by Jim Rogers via The Economic Times

on Tuesday, 08 November 2016 08:10

Screen Shot 2016-11-08 at 7.03.06 AMIn an interview with ET Now,  Jim Rogers, author, Street Smarts: Adventures on the Road and in the Markets, says though he registered a protest vote and did not vote for either Clinton or Trump, he thinks Trump will likely triumph over Hillary Clinton in US presidential elections.  

Edited excerpts  

Why are markets so nervous ahead of this Presidential election cycle? It appears as if the next US President will make or break the world? 

Yes. Remember, this cycle will bring in a new President, may be even a new party. So it is a little bit different from 2012 when chances were great that the same party and same President will return. This time it could be a great upheaval and many people are worried. I hope you are.  

...continue reading HERE

..related:

Shelter BEFORE the storm

 


Banner

Personal Finance

Gold Surges While Stocks & Bonds Melt

Share on Facebook Tweet on Twitter

Posted by Morris Hubbartt - Super Force Signals

on Friday, 04 November 2016 06:52

Today's videos and charts (double click to enlarge):
gold daily fib

Gold & Silver Bullion Video Analysis

Bonds, Currency, and Stock Markets Video Analysis

Precious Metal ETFs Video Analysis

SF60 Key Charts Video Analysis

SF Juniors Key Charts Video Analysis

SF Trader Time Key Charts Video Analysis

Thanks,

Morris

website: www.superforcesignals.com

 

....also: The Titanic Sinks on Election Day



Banner

Personal Finance

The Titanic Sinks on Election Day

Share on Facebook Tweet on Twitter

Posted by Gary Christenson - The Deviant InvestorInvestor

on Tuesday, 01 November 2016 06:19

First, this article does not oppose one candidate or the other.

Second, the “powers-that-be” have selected HRC as their choice for President to implement their agenda.

Third, in spite of voting machine “glitches”, the popular vote could go either way. Texas County Enacts “Emergency Paper Ballots”

Regardless of who the voting machines select as winner, the following questions have been mostly ignored by both candidates.

  • The US national debt (official only) is nearly $20 trillion and has approximately doubled every eight years. What is the plan for controlling the growth of that debt? Let it grow exponentially and assume something magical will fix it? Hope that congress will cut expenses? Wait for the Easter Bunny to deliver a pile of dollars from La-La land?

2016 approximately $20 trillion

2024 approximately $40 trillion

2032 approximately $80 trillion – really?

  •  Medicare, health insurance, and sick care costs are skyrocketing for individuals and governments. The latest Obamacare increases are frightening. What is the plan to manage and control price increases? Let prices increase until only congress can afford medical insurance? Bankrupt all pension plans that currently offer medical insurance? Wait for Santa to bring free universal health benefits to everyone at no cost to individuals or the government? More “hope and change?” The Easter Bunny again…

word-image-23



Read more...

Banner

Personal Finance

Exchanging Losses for Gains (Or Vice-Versa)

Share on Facebook Tweet on Twitter

Posted by Danny Pero

on Monday, 31 October 2016 12:09

tax and currencyOver the past decade, the Canadian dollar has fluctuated significantly against the U.S. dollar. Depending on one’s perspective, this has been greeted with either delight or dismay. For individuals with U.S. dollar investments, these swings could produce unanticipated tax consequences.

On the sale of a capital asset, the resulting capital gain or capital loss is the difference between the proceeds received on disposition and the adjusted cost base of the capital asset, less disposition costs. In situations where the capital asset is purchased and/or sold in a currency other than Canadian dollars, the question that generally arises is how to report this transaction for Canadian tax purposes.

It is the Canada Revenue Agency's position that each transaction must be reported in Canadian dollars using the foreign exchange rates in effect at the relevant times. Thus, the proceeds of a disposition would be determined using the foreign exchange rate prevailing at the time the capital asset is sold; conversely, the adjusted cost base would be calculated using the foreign exchange rate at the time the capital asset was purchased.

For example, consider the situation where an individual purchased a share in Company X for US$1,000 when the foreign exchange rate was at par. The individual then sold the share in Company X at a later date for US$900 when the foreign exchange rate was 1.1111. Although the individual would have realized a loss on the shares from a U.S. dollar perspective, assuming no disposition costs, for Canadian tax purposes the individual would have no gain or loss as the proceeds of disposition in Canadian dollars (i.e., US$900 x 1.1111 = C$1,000) would be equivalent to the adjusted cost base in Canadian dollars (i.e., US$1,000 x 1.0000 = C$1,000).

As this example illustrates, even though a transaction may appear to produce one result in a foreign currency, when the fluctuations in foreign exchange rates between the dates of purchase and sale are contemplated, the results for Canadian tax purposes can be significantly different than expected.

Danny Pero - www.retiretoday.ca

Canaccord Genuity Wealth Management

609 Granville Street,Suite 2200, Vancouver, B.C. V7Y 1H2

T: 604.699.0868 | F: 604.643.1802

CANACCORD GENUITY WEALTH MANAGEMENT IS A DIVISION OF CANACCORD GENUITY CORP., MEMBER-CANADIAN INVESTOR PROTECTION FUND AND THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA

This newsletter is solely the work of the author for the private information of clients. Although the author is a registered Investment Advisor at Canaccord Genuity Corp., this is not an official publication of Canaccord Genuity Corp. and the author is not a Canaccord Genuity Corp. analyst. The views (including any recommendation) expressed in this newsletter are those of the author alone, and are not necessarily those of Canaccord Genuity Corp. The information contained in this newsletter is drawn from sources believed to be reliable, but the accuracy and completeness of the information is not guaranteed, nor in providing it do the author or Canaccord Genuity Corp. assume any liability. This information is given as of the date appearing on this newsletter, and neither the author nor Canaccord Genuity Corp. assume any obligation to update the information or advise on further developments relating to information provided herein. This newsletter is intended for distribution in those jurisdictions where both the author and Canaccord Genuity Corp. are registered to do business in securities. Any distribution or dissemination of this newsletter in any other jurisdiction is prohibited. The holdings of the author, Canaccord Genuity Corp., its affiliated companies and holdings of their respective directors, officers and employees and companies with which they are associated may, from time to time, include the securities mentioned in this newsletter.

The preceding information is for general information only and does not constitute tax advice. All investors should consult with a qualified tax accountant.
Tax & Estate advice offered through Canaccord Genuity Wealth & Estate Planning Services.

 



Banner

Personal Finance

Shocking Stat: A Real Presidential Head Twister

Share on Facebook Tweet on Twitter

Posted by Michael Campbell

on Monday, 31 October 2016 06:39

Michael comes up with a real head twister. Can you choose correctly the Presidential candidate who talks about themselves the most?

....don't miss Tyler Bolhorn on the Markets Today

pres

 



Banner

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >> Page 6 of 165

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Ozzie Jurock Mark Leibovit Greg Weldon Ryan Irvine