Money & Economics

Ohboy.

Its gonna get even uglier come next Monday

 
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Anyone who's been watching the Silver and PM markets the past 2 weeks knows damn well its heavly manipulated.

I wonder who would have the pull and scale to do that?

 
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Who are they bailing out?

Some big bank, or banks, are wayyyyy upside down on Silver and other PM's. Like Game Over upside down.

They're being bailed out to finance selling and covering the margin calls and drive the price down. Its quite obvious now

Securities fraud on a grand scale and they don't even care how obvious it is.





 
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For those following along, this is much bigger than just Silver.

Commodities in general.

Raw materials
 
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For those following along, this is much bigger than just Silver.

Commodities in general.

Raw materials

Perhaps it is just that paper money is no longer worth as much ..
 
No $12k for us...

 
The video points out a lot of good things, but as a CPA and Private Wealth Advisor, I'd expect him to get all the details right, which he doesn't.

1. He says that the info has just become available. It actually was published by IRS three months before the video was posted.
2. At 2:02, the amount "Additional For Age" says $2,500. The correct amount is $3,300. The total for single filers at 2:13 is also wrong.
3. His discussion about the IRMAA cliff at 4:15 is oversimplified. He says IRMAA "could double" your monthly cost. There are actually 5 brackets, and double is only one of them.

The tax system is such a damn mess. Even the professionals can't comprehend it.
 
Wasn't the "additional for age" $1600 p/person this past year?
Did it double for next year?

So, Married filing jointly Seniors 65+

Deduction....................................2025 .........................2026

Std..................................................$31,500.............................$32,200 Combined
Bonus Ded...................................$6000................................$6000 Per indiv (Max $150K MAGI)
Addit standard deduction.......$1600...........................$1650 Per indiv (Max $150K MAGI)


.... I think
 
Yeah, what I got out of the video is since I am a year away from 65 and even though my wife is 70, we will not get the $6000, well $12,000 if we filed Joint. But I may have misunderstood that.
 
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Yeah, what I got out of the video is since I am a year away from 65 and even though my wife is 70, we will not get the $6000, well $12,000 if we filed Joint. But I may have misunderstood that.

Your wife can claim hers but not you
So $6000 extra deduction for your joint return