Credit deflation and the reflation cycle to come (part 3)

[Loki]

6 minutes ago, nirvana said:

what happened to Uncle Dave's RALLY?

some fukkers took a big shite on the Nasdaq lol

NB tumbled over 400 pips from the spike high, hmmmm, good game, good game 

It's matching his updated forecast perfectly to be fair, and silver seems to have a floor at $23...

[DurhamBorn]

2 hours ago, MrXxxx said:

Bit confused here...I though if you kept the Divis inside an Isa they are tax free anyway OR is the tax taken off the divi BEFORE it is paid [into the ISA]?

They are tax free,but if you then take them out and put the money into a SIPP you then get 20% free added by the government up to your taxable earnings amount.My partner can take out £16700 a year tax free from 55 to 68 so is stuffing everything she can in her SIPP to get all the tax relief because she will get it all back out tax free.

A £1000 divi from BAT in your ISA would buy £1000 more BAT shares,transfer that £1000 out into your bank,then pay it into your SIPP the government adds £250 so in your SIPP you can now buy £1250 worth of BAT.

[nirvana]

3 minutes ago, Loki said:

It's matching his updated forecast perfectly to be fair

what's he saying now? I'm out of touch..........I think I'm in one of those 'everything appears to be turning to shite moods' lol

Disclaimer: except Oil, that's doing ok  errrr and sterling is looking better, yeah maybe silver too lolz

[DurhamBorn]

1 hour ago, Errol said:

£2000 of the dividends are tax free anyway (UK), due to the allowance. Whether they are in an ISA or not.

https://www.gov.uk/tax-on-dividends

Yes,but take them out then pay them into your SIPP you get another £500 added on from the government.You can have your divis tax free and then add them into your SIPP and get another 20% for free.

[Loki]

6 minutes ago, nirvana said:

what's he saying now? I'm out of touch..........I think I'm in one of those 'everything appears to be turning to shite moods' lol

Disclaimer: except Oil, that's doing ok  errrr and sterling is looking better, yeah maybe silver too lolz

 

[nirvana]

ok then what's his login when the FED are on the brink of tightening and everything appears to be turning to shit with the latest convid scariant? ie massive china supply issues incoming

edit: why the fuck did I say 'login'? must be bedtime lol

[Loki]

2 minutes ago, nirvana said:

ok then what's his login when the FED are on the brink of tightening and everything appears to be turning to shit with the latest convid scariant? ie massive china supply issues incoming

We'll find out...for once I closed all my CFDs in time  sat here willing the fucker to go lower and lower

[CannonFodder]

3 minutes ago, nirvana said:

ok then what's his login when the FED are on the brink of tightening and everything appears to be turning to shit with the latest convid scariant? ie massive china supply issues incoming

Seems legit

[nirvana]

1 minute ago, Loki said:

We'll find out...for once I closed all my CFDs in time  sat here willing the fucker to go lower and lower

watched a bit of that palisades gold vid, he's off his tits, he said 'Jan strong strong month' so far it's shit the bed........meh don't get him on the lower timeframe charts anyone

You can will all you want man but the charts never lie 

[Loki]

2 minutes ago, nirvana said:

he said 'Jan strong strong month' so far it's shit the bed

Well, we're not even halfway through it yet

[nirvana]

he's got fukin dementia! see from here, he can't bloody even decide what's gonna cause the melt up

 

[Loki]

1 minute ago, nirvana said:

he's got fukin dimentia! see from here, he can't bloody even decide what's gonna cause the melt up

 

 

Watch and learn

[nirvana]

4 minutes ago, Loki said:

 

Watch and learn

good one, I always used to say that lol

NASDAQ SHITTING EVEN LOWER! 

It was in fact a beautiful piece of movement that can only be recognised by studying 'having a shit on a chart' 

[Loki]

1 minute ago, nirvana said:

NASDAQ SHITTING EVEN LOWER! 

I know, it's fantastic ain't it? 

[leonardratso]

hehehe, its like watching ant and dec, just before they bum each other.

[nirvana]

4 minutes ago, Loki said:

I know, it's fantastic ain't it? 

so u think Uncle Dave has a crystal ball? it's gonna hit his 14500 that he predicted BEFORE XMAS and suddenly fukin reverse?

Disclaimer: he might be on about the Composite, methinks thats hogwash, the 100 is the important one lol

[Loki]

Just now, nirvana said:

so u think Uncle Dave has a crystal ball? it's gonna hit his 14500 that he predicted BEFORE XMAS and suddenly fukin reverse?

Lie down on the couch and tell me how many NASDAQ options you have

[nirvana]

1 minute ago, Loki said:

Lie down on the couch and tell me how many NASDAQ options you have

good idea, I'm off for a lie down, laters dudes

[Loki]

11 minutes ago, nirvana said:

Disclaimer: he might be on about the Composite

Yes he is, not the 100

[Noallegiance]

26 minutes ago, Loki said:

I know, it's fantastic ain't it? 

And yet my portfolio still has an up day! 

[Loki]

1 minute ago, Noallegiance said:

And yet my portfolio still has an up day! 

I got hosed by Gazprom today, but who cares, gas price only going one way 

 

[Majorpain]

1 hour ago, nirvana said:

what happened to Uncle Dave's RALLY?

some fukkers took a big shite on the Nasdaq lol

NB tumbled over 400 pips from the spike high, hmmmm, good game, good game 

Turns out having a big chunk of an index being made up of stocks that need a constant supply of cheap money is not a good thing when Inflation really starts going.

[CannonFodder]

Anyone know why gazprom shat itself?

[Loki]

2 minutes ago, CannonFodder said:

Anyone know why gazprom shat itself?

I assumed something to do with Kazakhstan or politics 

[leonardratso]

1 minute ago, Loki said:

I assumed something to do with Kazakhstan or politics 

i turned the central heating down.