December 2014

Tax Loss Selling in Bitcoin Ep.32 In 2014 Bitcoin was the worst-performing financial asset Spending bitcoins triggers a taxable event Spending or selling at a loss also reflects on your taxes This holiday season, harvest tax losses while shopping Write-off could exceed value of gift You can also buy bitcoins back at a savings from […]

U.S. Taxpayers will be forced to guarantee mortgages with 3% down Qualifiers are low-income or have not owned a home for 3 years Government is spinning this as “prudent” Buyers have very little skin in the game If real estate prices plummet, walking away is an easy choice

Stock market roller coaster ride this week Chinese market plummets Forex markets: Yen rallies after 7-year low The Swiss may discourage the EU against QE Unwarranted U.S.optimism as negative data is ignored Gold and Silver strong despite bad press Gold outperforming the Russel 2000 Deficit in Manufactured Goods hit all-time high China reports record trade

What is the goal of the “Inflation Mandate? What is the exact number of the mandate? If the real mandate is “less than 2%” they’re already there The European economy is expecting another QE, but I don’t expect it. How they plan QE if they don’t know what they are going to buy? Draghi cites

Media Spins Horrible Holiday Sales as Reflecting Economic Strength: Ep. 28 This holiday shoppers had more shopping hours 5% less traffic than last year 11% less money spent than last year The economy can’t support robust holiday sales Despite big drop in gas prices [podcast]