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The Great Reset Is Coming! The Sell Off Has Already Begun Which Could Soon Turning Into Panic Selling

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FABER: ‘The Great Reset Is Coming!’

‘Global markets will implode.’

Marc Faber on Squawk Box this morning.

Full interview:

“We will all be lucky to have 50% of the asset values that we have today.”

Watch at least the first minute of this clip for the swipe at CNBC permabulls.

More detail at CNBC…

The S&P 500 has already closed below its 200 day moving average for several days in a row. Could the “sell off” that has already begun become a race for the exits?

Will The Wealthy Race To Dump Stocks And Other Financial Assets Before The Fiscal Cliff Kicks In?

A lot of Americans have heard about the looming “fiscal cliff”, but most don’t really understand the specifics.

For investors, there are several key changes which will happen unless Congress does something by January 1st.

First of all, the tax rate on capital gains will go from 15 percent to 20 percent. For those with high incomes, the rate will be even higher than that thanks to a tax increase that our politicians managed to sneak into Obamacare. So, some wealthy individuals will see their capitals gains taxed at nearly 24 percent in 2013 unless something is done.

For dividends, the outlook is even more frightening. The tax rate on dividends will increase from 15 percent right now to over 43 percent for the highest income earners.

We have already seen these tax increases play into business decisions that have been made in recent months. For example, it is being reported that George Lucas potentially saved hundreds of millions of dollars in taxes by selling Star Wars to Disney this year rather than next year.

Anyone out there that wants to take advantage of the current tax rates on capital gains and dividend income better do so now, because these tax rates look like they are going to go away and they probably will not be back for a very, very long time.

According to CNBC, this makes the next couple of months an ideal time to dump stocks and other financial assets…

For many of the wealthy, 2012 is becoming a good year to sell.

They’re worried about the “fiscal cliff,” which is when tax cuts expire and spending cuts are set to go into effect at the end of the year.

Fearing an increase in capital gains and dividend taxes, many of the rich are unloading stocks, businesses and homes before the end of the year.


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    Total 8 comments
    • Anonymous

      OMG!!!! Capital gains rates are going up! Maybe they’ll go back up to the same place where we had lower budget deficits and full employment. God, that would be a disaster.

      • Anonymous

        Eh dividend taxes are going up as much as 46%, how many seniors rely on dividends and interest to live? Sounds like a plan to me!

        • Old Harry

          This is really a two edge sword because why would I invest in a corporation if I had to pay a 40% dividend tax? Also; where else can I invest my savings and get a return in which I can live with a reasonable income if I’m retired. This is the most unfair tax increase in the USA history.

        • Old Harry

          The dividend tax increase is the largest in the USA history. Its’ effect will have two edges just like a sword. Why would I invest into a corporation if i would have to pay a 40% (plus) tax when I could get a better return investing out of the country. Also; this tax rate will greatly affect all those retired and living on dividends as their pension income will be dramatically hurt. Any tax increase directly effects the country’s disposable income factor. When you increase taxes you decrease a families disposable income to purchase products. The government has a fiat money policy that is another factor that decreases purchasing power of the individual. The ability to climb out of their problems decreases on every turn, so you should look into a barter system asap before you end up with little to survive in the next several years.

    • Anonymous

      All the dumb people money jumped out of market or were burned out of it by high frequency proprietary trading ten years ago. The guys that have money left in market are the biggie corps that have to stay in the market and the guys that can afford to play the shuffle game.

      The DOW is up above a certain level always because we have debt and of our trade imbalances. It isn’t as obvious or scary to foreign investors if those numbers don’t change much.

      What you see in the market is a pile of horse doo doo. A casino, rigged for the house. No price discovery, just a lot of programming manipulation for the big traders who deal with big volume.

    • Chris Jacob

      The DOW is just a puppet show. Just an electronic sham..The numbers are manipulated and has no significance whatsoever to the life you live in America.

      99.99% of Americans don’t get anything out of wall street now its even worse, if you are even a billionaire you are out of the club…You need a cool trillion dollars to play the game.

      There is nothing you can do…even if you make a million dollars or live on welfare, life will be sh**t over the years….Both of you will eat and drink GMO “UNLABELED” food with fluoridated water and chemtrails over your head. Your kids will suffer as much as any with money. So it does not matter in these times if you are a millionaire or living on the streets.

      You both are getting screwed. The important thing is KNOWLEDGE, that can only make you free not money.

    • artmaniac

      Gold to be 500 within a year

    • Shun-Shadows


      looks like the immoral elite are moving their 2 official plans forward…

      megiddo and the economy…

      It wont Sink in for people until Zagmuk…

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