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Entikaburlu
Comedian
Username: Entikaburlu

Post Number: 1505
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Wednesday, September 07, 2011 - 09:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

you are right - long term tax almost equals the short term rate. 28% long term, and short term is your IRS rate.
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2009
Junior Artist
Username: 2009

Post Number: 510
Registered: 07-2008
Posted From: 96.18.202.75

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Posted on Wednesday, September 07, 2011 - 09:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Gold ETF's capital gains tax idea vunda annai.. 28% as GOLD is collectible where as for stocks 15% capital gains tax ani ekkado sadiva..

please confirm
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Entikaburlu
Comedian
Username: Entikaburlu

Post Number: 1504
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Wednesday, September 07, 2011 - 08:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Swiss banks are going to buy a lot of european currencies now, and that would weaken them to some extent. so, as we can see, the contagion is spreading. US, UK, Europe, Swiss,.. who will be next is the big question. It will spread to ASEAN, then China and India last.
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Entikaburlu
Comedian
Username: Entikaburlu

Post Number: 1503
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Wednesday, September 07, 2011 - 08:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

depends.. how quickly the trading community understands is the key. sometimes they hammer it even with a good understanding. markets work on the principle of efficient information. information such as this is hard to comprehend. so, it takes a while for it to get discounted.

one or two good moves today:

sell mastercard (+6%) today buy gold (-6%)
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Manchi_kurradu
Junior Artist
Username: Manchi_kurradu

Post Number: 732
Registered: 07-2011
Posted From: 99.244.154.173

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Posted on Wednesday, September 07, 2011 - 08:19 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

EK garu

repu inko 100 padese chances emanna unnaya gold
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Entikaburlu
Comedian
Username: Entikaburlu

Post Number: 1502
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Wednesday, September 07, 2011 - 08:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

In a major move, the Swiss said they are NOT going to let their Franc appreciate against Euro, and they kept limit of 1.2. The idea being, they do not want the swiss products become out of reach for the european markets.

this is so unprecedented in intl finance. swiss franc is seen as the equivalent of gold. but now, since it is going to be devalued along with euro, it loses that safe haven status.

this is good for USD. if USD had lost some shine, so has every body. in the rebooted economy, the pecking order is once again the same.

the traders are simply confused, so they hammered gold today. they may continue to do so.

but the point is, the only real currency that could compete with gold, the swiss franc, does not enjoy that status any more. so, Gold once again becomes the only safe haven out there.

So, enjoy the dow spurts. but accumulate gold whenever you get a chance like today.

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