I need to be careful where I get my news from. Apparently listening to the Treasurers words and applying basic economics and maths requires me to seek a media interpretation rather than intellect. Good luck everyone. We are doomed.

So not paying tax on unrealized gains is apparently an interest free loan from the government….we are all doomed. afr.com/policy/tax-and-super…

$EQR.AX is a gift at $0.21. Doubling position.

When did not taxing something become a subsidy? …….The Australian government has a misaligned view of what its role is.

Another bout of poor journalism from this miserable sod. afr.com/rear-window/lucky-fi…

Trump has played this perfectly. Iran will either be humiliated or attacked and then humiliated. A few bumpy days to come as this plays out but it’s the beginning of the end.

This is from an Equity Analyst in Sydney. Could not have said it better myself "Gas developments cost billions of dollars to develop and in the case of LNG often have pay-back periods in the decades. Achieving a final investment decision or conducting M&A requires faith in a stable fiscal regime. While it seems unlikely that the gas tax regime will be changed at the budget, it is difficult to see how the conjecture hasn't caused increased concern over sovereign risk." Well done @DavidPocock you've just drained Australia's energy future by eroding investor confidence in it.

True. No matter who has the Chair of the Fed.

The expected change in CGT treatment to be announced on May 12th should be causing all PM’s of MIT’s cause for strategic thought. If you’re carrying capital gains on equities held for over 12mths do you selll them in the lead up or take the risk that @JimChalmersMP will grandfather the tax treatment. Most investors in MIT’s will be looking for the PM to optimize their individual tax exposure, hence we can assume continued selling of well performing equities over the next two weeks. Another unintended consequence of poor policy by our big spending government. And whilst I am it, core inflation is still high, but it’s driven by government spending not an overheating economy. Any decision by the RBA to increase the base rate will be economic suicide. This government won’t stop spending just because the interest bill went up. They will blame it on someone else and go for even more tax increases.

Orban gone. Hard to imagine, but it does make you wonder how much it would cost to get JD Vance to come here and support Albo’s re-election.

My fund is a significant shareholder in TNR Gold $tnr.v. We recognized the value of the companies royalty assets and have accumulated over many months. The recent information being shared by Eucalyptus Capital has forced us to re evaluate this investment and dig deeper into the management and corporate governance of the company. I have read the blogs by management and it raises concerns. A publicly listed company cannot be managed as a family cash machine. The recent deal with Altius has also raised concerns about possible insider trading and corporate disclosure breaches. Regulators need to review the timing and pricing of this placement. From our perspective it is unnecessarily dilutive, a cushy deal at the expense of existing shareholders. We will continue to monitor closely and liaise with Canadian regulators if we determine that regulatory breaches have occurred.

X is just a miserable place at the moment. Am off for a bit. Buy more gold and smile people.

Worth the 30 seconds to read this. I did have a Taco for lunch today, but may be a bit more generous to myself in a couple of weeks.

I feel their pain on a daily basis.

We are all too concerned with this “closing” of Hormuz. Give it a reasonably short amount of time and the rest of the world will ensure it’s back to normal. Iran is done, and I do not believe for a second that ground troops other than recon will ever be required to secure the waterway. Small groups, easily dispatchable and most importantly recoverable.

Whatever.

Historians will have their say at a some point in the future but I strongly suspect that March 2026 will be referred to as the period that ended US dominance of the global economy. I dread to think what comes next.