Recapping the Fed Statement and Tax Reform
Chris Temple joins me for the market wrap today. We recap the Fed statement which really only further confirmed that a rate hike will come in December and into next year. It seems that the markets simply do not care anymore about what the Fed has to say. We also touch on the lack of any solid tax reform bill presented today. Will we get it tomorrow… who knows?
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Bix ON the Chairman to be……………..
https://www.youtube.com/watch?v=C50mtN7NsnU&feature=youtu.be
Looks like we might have a crook…….coming to the fed, but, what is new…….
Could it be any other way?
END THE FED…………..one and only way
Rothchildren……..need to get another plan……..
Yep, time to end this crime spree.
Leonovous, sym V.LTV, just did a bought deal to raise 10 million$, that is where one company buys all the shares instead of a PP where it can take awhile until they get them all sold. This should translate into a higher share price for LTV, especially in this hot market for blockchain.
Well done D.T:
As much as it kills me,I must give credit where credit is due.
I will confess that it was your post that led me to LTV.V.
You were right about blockchain before anybody else.
I will also credit you for making me the A-Hole I am.For it was you D.T that was the first person on the K.E Report that asked me what I thought about a stock.
After that every thing changed.For the first time,I had to really think about what I was about to post.
There is something like 16 million shares short also.
Let the games begin!
I love the smell of shorts in the morning.–Rick Rule
what do you think of what Harry Dent had to say on the Kitco interview, saying gold will go to $400-450 before it begins its bull market based on history of bull and bear markets on commodities?
Andy Hoffman…..(X milefranklin man)………
http://financialsurvivalnetwork.com/2017/11/andrew-hoffman-bitcoin-to-infinity-still/
Andy is pumping bitcoin hard. It is disappointing.
I would agree, he is pumping hard, …….After pumping silver and gold for such a long time, I also find it disappointing, ….But, I guess things change…..Jmo
Chris,
Brady (Chair House Ways and Means) said that he wants to limit 401ks to $2400. Trump said no to this the other day, now he’s saying he just said that as a negotiating ploy. What do you think are the chances this happens? Ironically I heard Schumer wants to increase the 401k contribution limit. First time I ever agreed with Schumer on anything.
Also, Brady wants to eliminate the personal deduction and as you mentioned get rid of the state income tax deduction.
If all this goes through I stand to be paying thousands more every year in federal income tax under the Republicans than I did under Obama and the Demorats and that makes my stomach turn.
When Trump was campaigning he said everyone would receive tax relief and my Republican congress critter said on the campaign trail he would not vote to increase anyone’s taxes yet he voted just the other day for the budget resolution which would allow the repeal of state income tax deductions.
If this goes through I will never vote for another Republican again.
The state/local deduction will go before the 401(k) IMO — in any event, I am more persuaded that nothing will pass on the first try if the GOP leadership tries to push something through too fast
Thanks, Chris.
Above I said, “Also, Brady wants to eliminate the personal deduction…”
I meant personal exemption, sorry.
We were supposed to find out today the details of the House plan, now supposedly it will be tomorrow. But who knows what these clowns will do.
All I can say is that I am thoroughly disgusted that the Republicans are trying to bind people like me even more to the tax plantation and far worse than what Obama did.
Segwit2X:
Dear John
We wanted to remind you that the upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin blockchains.
In our effort to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange, we are working to ensure we maximize your benefit from this event. So, following the fork:
Any user storing Bitcoin on Coinbase at the time of the fork will be credited with an equal amount of the new Bitcoin2x asset on the Bitcoin2x blockchain. No action is required – we will automatically credit your account. If you have 5 Bitcoin stored on Coinbase before the fork, you will have 5 Bitcoin and 5 Bitcoin2x following the event.
Coinbase users will be able to trade both Bitcoin and Bitcoin2x shortly after the fork.
Coinbase will disable buys, sells, sends and receives for Bitcoin and Bitcoin2x approximately 24 hours before the fork. We will re-enable them following the fork once it’s safe to do so.
Nice Dear John Letter……………sweet dreams………………. 🙂
Nov 01 Man In Michigan Prosecuted For Selling Bitcoin EPJ
How the heck can ya tell if a link is going to work before the post?
from 321 gold
Nov 01 Man In Michigan Prosecuted For Selling Bitcoin EPJ
b:
Highlight address in the browser,Right click,Copy.
Right click,Paste
I thought the feds had decreed that crypto currencies were not money. A money brokering license shouldn’t be needed. The CFTC has declared them to be commodities but commodity brokering is not related at the state level. The local authorities will be forced to drop their case.
found in the comment section……
Which govt official is getting the $30million kickback…………
http://www.zerohedge.com/news/2017-11-01/whitefish-scandal-shows-government-takes-advantage-when-needed-most
BHP to step up Copper exploration, expansions to meet Electric Vehicles sector’s rising demand
Cecilia Jamasmie | about 15 hours ago
“World’s biggest miner getting ready to provide enough copper for the booming electric cars industry.”
“you can’t top the Copper top….”
Here is a great Tinka Resources chart a contributor posted on ceo.ca today:
@Scottrades – “Great looking TINKA $TK chart”
http://www.setyourstop.ca – http://cdn.ceo.ca/1cvkuji-C643BDF5-16E6-4768-951A-1412284F5C9E.png
Here is a great Tinka Resources chart a contributor posted on ceo.ca today:
@Scottrades – “Great looking TINKA $TK chart”
http://cdn.ceo.ca/1cvkuji-C643BDF5-16E6-4768-951A-1412284F5C9E.png
Tinka is confirming the breakout to new highs on the year today. Looking like a nice breakout run is in order.
Tinka Resources Limited (TK.V)
$0.76 up +$0.11 (+16.92% gain)
As of 11:08AM EDT.
And I hadn’t gotten back in yet. 😩
Interesting just how low the Clintons were and remain so…….Dems are not going to be happy once this gets out…..
I think the word “scum”, could be use effectively here!
Yes indeed 😉
I thought you would like that………. 🙂
New FED CHAIR……………..
http://www.zerohedge.com/news/2017-11-01/trump-picks-powell-be-next-fed-chair-usdjpy-slides