Yeah if implemented this will be a pilot project to gauge the "temperature" of the reaction of investors along with attempting to get people used to the new law. This type of law is the absolute opposite of free market capitalism. When you are forced to sell to pay a tax on an unrealised gain then the risk of investing along with the cost of innovating and creating becomes too high. It is Marxism and the aim of the game of the globalists running western economies is to steal our wealth our health and our freedom as it all reverts back to the State. The ruling classes have destroyed the Financial System with their debt creation so they have decided to double down and take the whole kit and caboodle before it collapses. They will fail because they are already failing as can be seen by the ousting of their operational leader Klaus Schwab who ran the WEF and arrogantly told us peasants that by 2030 we "would own nothing and be happy". When things began to turn pear shaped for his gang he then told us that we would "be forced to comply". Trumps victory was also a serious loss for the globalists and an important win for freedom lovers. You can also see the big wake up happening across Europe as the AFD in Germany along with Reform in the UK and Le Pen in France who are anti globalist party's becoming the most popular party's in their own countries as people begin to understand that their "leaders" do not have the peoples interests at heart. The problem for Australians is that all the major political party's are the same animal with many different heads and only the heads are visible conning the people into thinking they have a choice. Until a genuine popular peoples party arrives on the scene things will remain the same unless of course the people revolt. Australia is unfortunately not a Sovereign Nation and is forced to to the bidding of its overseas rulers. It needs to wake up. And the Mainstream Media simply cannot be trusted. They will tell you what they want you to believe and most certainly will not tell you what they don't want you to know. We are heading into the eye of the storm. Position yourselves accordingly.
Looking at the daily and I exited the trade on Friday to wait and see how things develop. Good luck guys.
BHP Price at posting:
$39.72 Sentiment: None Disclosure: Not Held
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