Articles related to tax
 
Keith Weiner - Monetary Metals
Falling Productivity of Debt
Last week, we discussed the ongoing fall of dividend, and especially earnings, yields. This Report is not a stock letter, and we make no stock market predictions. We talk about this phenomenon to make a different point. The discount rate has fallen to a very low level indeed. Discount in stocks is how you assess the present-day value of earnings to occur in the future. For example, if the discount rate is 10%, then a dollar of earnings per share at Acme Piping next year is worth $0.90 today. At
Wednesday, October 18, 2017
Chris Powell - GATA
Russia's 'cryptorubles' won't be very crypto at all
* * * Russia to issue 'cryptoruble' By Jon Buck The Coin Telegraph Sunday, October 15, 2017 Russian President Vladimir Putin has officially stated that Russia will issue its own "cryptoruble." He spoke at a closed-door meeting in Moscow, according to local news sources. The news broke through Minister of Communications Nikolay Nikiforov. According to that official, the state-issued cryptocurrency cannot be mined and will be issued, controlled, and maintained only by the authorities. The cryptoru
Wednesday, October 18, 2017
Perth Mint Blog - Perth Mint Blog.
Why India's gold sales shine
As the world’s second largest consumer of gold, India can exert a significant influence on the precious metals market. Indian demand is particularly robust for one of the country’s key festivals, Diwali, which starts this week. Perhaps the most important and widely celebrated Hindu festival, Diwali celebrates the victory of light over darkness and honours Lakshmi, the goddess of wealth and prosperity. This year could prove to be a bumper one following a decision by the Indian government to exc
Wednesday, October 18, 2017
Andy Hoffman - Miles Franklin
The Central Planners Lullaby
We seem to be in a lull in market moving news, or is it more the gyrations within the market that have been put to sleep?  The question offers an implication that the exchanges and human emotions “used” to be connected, which in the past, these major events would have caused market fluctuations in price. It is most famously known as market volatility. We have mentioned previously how the damages to an entire string of islands and flooded land masses seem to mean nothing to the markets, but are t
Tuesday, October 17, 2017
Bullion Vault
Gold Prices Subdued Despite Re-emerged Geopolitical Tensions and Indian Festivals
GOLD PRICES extended their fall on Tuesday morning in London as the Dollar continued to rise amid speculation off potential new Fed chief and continuing geopolitical tensions in the Middle East and the Korean peninsula, writes Steffen Grosshauser at BullionVault. Gold slid to $1288 after touching a 3-week high in the previous session before falling through the key level of $1300 per ounce. Silver tracked gold and dropped to $17.08 per ounce after it had already started fa
Tuesday, October 17, 2017
Mark O'Byrne - gold.ie
Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver
– Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver – Most of Puerto Rico remains in the dark and without power three weeks after storm – With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash – Shortages of food, fuel and medicine with infrastructure repairs delayed – Power could be ‘out for months’ as 85% of people remain off the grid – Around 75% of ATMs disconnected – Electronic forms o
Monday, October 16, 2017
Adrian Ash - Bullion Vault
LBMA 2017: Spain, Silver and 'Lower Forever'
Precious metals history and macro-outlook from LBMA conference... LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London Bullion Market Association's annual conference focus instead on volumes, margin and – most of all – get
Monday, October 16, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
John Butler - Goldmoney
Common commodity misconceptions 
Commodities are the most basic economic goods, providing essential inputs into progressively more complex goods at advanced stages of production. Yet the economic mainstream generally fails to understand commodities, treating them as distinct from the processes whereby they are created and the processes they subsequently enable, when in fact they are an integral part of a dynamic, complex, adaptive economic system. A correct understanding of commodities is essential if we are to understand what
Saturday, October 14, 2017
Frank Shostak
Tax Cuts Without Spending Cuts Won't Grow the Economy
President Donald Trump proposed last month a tax plan that would lower the top individual tax rate to 35% from 39.6%. It would also lower the corporate income tax rate to 20% from 35%.The plan however, says nothing about how spending will be cut to avoid increasing deficits. According to supply-side economics — a relatively new school of economics — a reduction of tax rates and lower revenues for the government does not need to be offset by decreased government spending or increased borrowings.I
Wednesday, October 11, 2017
Andy Hoffman - Miles Franklin
Digging Up An Old Story
Last night instead of watching the No Fans Left political program, I decided to watch a 1931 movie starring Bela Lugosi. Being in the Halloween Season and all, I watched the original “Dracula” where the main character was charismatic, kind, considerate, wealthy, and a little off. This movie was epic and the digitally remastered film really showed the viewers a good time. Bela Lugosi was claimed to have stayed in character for 6 months past the making of the movie and I found out later that he wa
Monday, October 9, 2017
Bullion Vault
Gold Price Sinks, Platinum -11 in 4 Weeks as Stocks Up, Vix Down to Record, US Fed 'Pencils In' Rate Hike
GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low. "I have penciled in a third rate hike in December," said Federal Reserve voting member Patrick Harker to CNBC on Thursday, "[although] we have to see how the inflation dynamics play out."
Friday, October 6, 2017
Alasdair Macleod - Finance and Eco.
The upcoming increase in interest rates
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and the Bank of Japan must be considering similar moves.Central banks coordinate their monetary policies as much as possible, which is why we can take the view we are about to embark on a new policy phase of higher interest rates. The intention of this new phase must be to normalise
Friday, October 6, 2017
Mish - Global Economic Analysis
Futility at its Finest: Spanish Court Blocks Catalan Parliament from Declaring Independence; Civil War?
What’s the point in telling someone they cannot do something, you know full well they will? Prime minister Mariano Rajoy said there would be no Catalonia independence referendum. He lied. Despite sending in 10,000 troops to stop the referendum, there was a vote and it was 90% in favor of kissing Spain goodbye. On Thursday, the Spanish Court Blocked the Catalan Parliament from Declaring Independence. Wanna bet? Spain’s constitutional court has moved to stop the Catalan government making a unila
Friday, October 6, 2017
Adrian Ash - Bullion Vault
The Guild of Thrall: Warsh Fed Edition
Measured and authoritative. So there... SO WHAT qualities might Donald Trump want in the next chair of the Federal Reserve? asks Adrian Ash at BullionVault. "We'll do whatever we can do to prevent Kevin Warsh from taking on the role," says Jennifer Epps-Addison, president of the self-declared 'pro-worker, pro-immigrant' Center for Popular Democr
Friday, October 6, 2017
Przemyslaw Radomski CFA - SunshineProfits
Stocks At New Record High, Will They Continue Upwards?
The U.S. stock market indexes gained between 0.1% and 0.7% on Friday, extending their short-term uptrend, as investors' sentiment remained bullish following economic data releases, tax cut plan announcement. The S&P 500 index has reached new record high at the level of 2,519.44, around 7 points above its last Wednesday's high. The Dow Jones Industrial Average got closer to the September 21 record high of 22,419.51. The technology Nasdaq Composite gained 0.7%, as it was relatively stronger than t
Friday, October 6, 2017
Mish - Global Economic Analysis
Tariffs on Washing Machines Coming Up: Let’s Tax the Sun and the Rain Too
Whirpool bitched to the Trump administration and the International Trade Commission about unfair pricing on Samsung and LG-brand washing machines. The ITC panel ruled U.S. washing machine makers hurt by South Korean imports, so your price is guaranteed to go up. The U.S. International Trade Commission on Thursday found that imports of large residential washing machines were harming domestic producers, in a major step the imposition of duties or quotas on foreign-made Samsung- and LG-brand wash
Friday, October 6, 2017
Mac Slavo - ShtfPlan
WARNING: There Is Going to be an Attempted Communist Revolution on Nov. 4
This article was originally published by Daisy Luther at The Organic Prepper There could be more trouble than we ever imagined headed our way on November 4th when a bunch of folks who aren’t happy about Trump and Pence attempt to overthrow the government in a Communist revolution. Groups like Antifa, Resist Fascism, and the Revolutionary Communist Party have been meeting for months to openly plan sedition and organize what they promise will be massive protests all over the country. Don’t be sur
Thursday, October 5, 2017
Phoenix Capital - Gains Pains & Capital
Tax The Rich
Even though I have said this before apparently no one was listening so I have to say it again* because every time a new tax reform bill is proposed, the same clichés are trotted out and most of them are wrong. The purveyors of these clichés know they are wrong but they don’t care because they are trying to manipulate you to their ends. And, people fall for them. Here is what the polls say about what Americans think about taxes (Gallup, Pew Research): 51% think they arepaying too muchin taxes, e
Thursday, October 5, 2017
Nathan Lewis - New World Economics
The GOP’s Tax Framework Looks Good. Let’s Do It.
(This item originally appeared at Forbes.com on October 5, 2017.) https://www.forbes.com/sites/nathanlewis/2017/10/05/the-gops-tax-framework-looks-good-lets-do-it/#509e95f5784a   The Republican Party has released its framework for tax reform. I like it a lot. First, let me congratulate all those, within Congress and throughout the policymaking intelligentsia, who kept their eye on what really matters: It’s the economy, stupid. A healthy economy helps solve every other problem. It reduces the de
Thursday, October 5, 2017
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