Midnight to 6am - Overnight Spot Watchers Spot...
- Thread starter Turk
- Start date
Yes, looks like Israel has preemptively struck Iran and is now under a state of emergency. A big Black Swan flapping around!
SolidSilver
New Member
Wouldn't call it black swan event. Was 100% going to happen around this time period. US sending this many troops and equipments doesn't make sense unless those in power planned and wanted war. Decapitation strike is the usual playbook for first strike.
Call my paranoid, but I suspect cme see this too and think it can squeeze in a outages a few days back. Hence the price action without caring too much if it seem very suspicious.
Weekend trading on IG has gold at $5464, silver at $97.42 and US Crude at $73.28. Although it will change on Monday open, at least it shows market sentiment/direction.
I figured they'd nuke Iran and make it a parking lot to the Famous Trump Gaza Mall and Worlds Fair.
Im sure hes got some plans for that area.
Im sure hes got some plans for that area.
All those missiles can’t be helping the silver shortage!
From what I understand, there is discussion around potentially reducing the CGT discount from 50% to 33%, with possible consideration around the May budget. However, nothing has been passed or accepted at this stage, so it remains unchanged for now.
That said, I wouldn’t be surprised if it eventually moves from 50% down to 33% at some point. Governments are always looking for additional revenue, and capital gains concessions are an obvious target.
What I find interesting is that while gains are taxed, losses don’t exactly result in the government sending you a cheque. You can offset them, sure — but there’s no “reverse CGT” where the government shares in your downside the way it shares in your upside.
Just my two cents — worth keeping an eye on.
That said, I wouldn’t be surprised if it eventually moves from 50% down to 33% at some point. Governments are always looking for additional revenue, and capital gains concessions are an obvious target.
What I find interesting is that while gains are taxed, losses don’t exactly result in the government sending you a cheque. You can offset them, sure — but there’s no “reverse CGT” where the government shares in your downside the way it shares in your upside.
Just my two cents — worth keeping an eye on.
Teh silvers
Active Member
2006Salwan
Member
I just went to My Bullion's site and it's "closed for scheduled maintanence". Pert Mint site showing "Bullion buying closed" under all their items.
Slapped 5% spread on spot.
Ainslie offering 2026 Roos at $7776.
Unlike Saddam, there's plenty more Mullahs that can fill that void and keep the Iran show going...I think Trump and US DoD's view this will take a few days. maybe a tad optimistic.