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  • LAVA Moderator: streaM Freak

the market: stocks, bonds, options, whatever

Gold-vs-US-Dollar-Index-DXY.png


Remember our economy is good damn it! sorry for the old chart I am lazy but @Electrum1 wanted it posted here --- so there is what we all know already

"US dollar devalued 99% compared to gold in the last 100 years" (Factual) https://seekingalpha.com/article/43...-vs-gold-in-100-years-gold-price-crosses-2067
 
ill try to find something more up to date but I couldnt even get back at ya with a meme -- the link was current and accurate but a link not a pic (Apmex that is)
 
Would be crazy if silver actually recovers and makes a new all-time high within a couple months or less
 
I'm still in the black on silver so gonna hold it and see what happens.

I just crunched the numbers on my options account and not only was January my first profitable month but I also smashed my targets with a 50% total gain. I only trade 0-10 DTE so it was all just January trades.

Most of it came in the last two weeks from all the volatility, I locked in and churned contracts like an animal.

I was back on the grind today, slow start to the month but a few bucks profit is still better than a loss
 
I honestly think the markets are going to skyrocket. Most stocks will crash. but the good ones will romp. basic.
It's not that a $35 dollar drop in silver is it losing value. It's the dollar being unstable.
 
JP Morgan apparently closed their silver shorts right at the bottom, lucky or engineered crash

U.S. needs an inflation hawk now so yeah markets might take some shocks but what are you gonna do when food costs alone are blowing through the CPI
 
fuck off with cheaper iPhones, give us affordable burgers made with real meat and no hormones and antibiotics and cows fed with Skittles and garbage :S
 
$AMD down in postmarket despite 16% EPS beat, going to be watching this in premarket
$SMCI posted a 40% EPS beat and looks set to rally tomorrow
 
Whatever happened with their accounting drama and SMCI CPA leaving. Guess I gotta look that up and finally catch up from like 2 years ago
 
streaM Freak said:
Enlighten me, I legitimately know close to nothing about taxes
Click to expand...
Basically you should plan your tax avoidance which is different than doing tax evasion.

If you you have any capital gains from selling equities you need to pay tax on those gains.

If you have equities that have gone down in value you can sell them to offset your gains and avoid paying taxes on your gains and also get a bit of cash to invest somewhere more worthwhile.

If you don't have any gains you can use $3,000 of loses per year to offset your other income.
 
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