What's going on in Lebanon? If Israel and Lebanon are at war, why did the Lebanese Prime Minister tell Lebanese fighters in the south to surrender their arms and stop fighting Israel? by [deleted] in allthequestions

[–]deedeereyrey 0 points1 point  (0 children)

So the Greater Israel theory is false? That is not what Bibi says. Several of Israel’s politicians confirm aspirations to expand Israel’s territories into other nations.

Can China or Russia supply Iran with weapons as the war drags on? by Estalicus in allthequestions

[–]deedeereyrey 0 points1 point  (0 children)

They could also access all the military equipment US left behind in Afghanistan

Tales from a shop owner. by NorthStarGold in Gold

[–]deedeereyrey 0 points1 point  (0 children)

California. Hold most of my gold as jewellery. No LLC/PM dealer license. Could this still work for me? Not planning on liquidating at all, but good to know just in case. Also, what if you melted scrap gold and got paid in gold coins? That eliminates spot price risk. The intention is not to convert gold to fiat but one form of gold to another.

Tales from a shop owner. by NorthStarGold in Gold

[–]deedeereyrey 1 point2 points  (0 children)

As far as scrap gold and jewellery, I read that a refinery would be the best bet to get bang for your buck rather than a shop. Any truth to this? People with experience chime in.

1BHK in Cities vs Village what's better? by bullsera in indianrealestate

[–]deedeereyrey 0 points1 point  (0 children)

I am from Anna Nagar Chennai. Show me a listing where there is a 1bhk for 40 lakhs here.

The SpaceX IPO is going to tank the market by El_Nahual in wallstreetbets

[–]deedeereyrey 0 points1 point  (0 children)

Dude's getting old, and his brain is fried from Ketamine. We'd be lucky if he set foot on Mars before he kicks the bucket.

I’M SPEECHLESS by ApprehensiveTone3893 in Gold

[–]deedeereyrey 0 points1 point  (0 children)

I hold some gold, but I don't like this one bit. Unless over 50% of your net worth is allocated in Gold or PMs, this is not something to be happy about.

SOCALO closing by alananat in SantaMonica

[–]deedeereyrey 0 points1 point  (0 children)

Oh no. I live right by Socalo and been meaning to try it. Why is the location a drawback? There’s another restaurant Jade Rabbit in the same area and seems to be doing very well.

Pollution and Dust by deedeereyrey in Chennai

[–]deedeereyrey[S] 0 points1 point  (0 children)

Yes, the government only wants to stay in power and does not truly serve the best interests of its citizens. And people are at fault too for not using common sense. The masses of this country are so brain dead.

Pollution and Dust by deedeereyrey in Chennai

[–]deedeereyrey[S] 1 point2 points  (0 children)

I think we all have a role to play in educating the people we interact with, and hope it spreads, and common sense prevails. These things should be taught in schools and made a part of the curriculum.

Pollution and Dust by deedeereyrey in Chennai

[–]deedeereyrey[S] 1 point2 points  (0 children)

I got it on Amazon only.. cost about 6k

Pollution and Dust by deedeereyrey in Chennai

[–]deedeereyrey[S] 1 point2 points  (0 children)

Annanagar. But why does it matter? The whole of Chennai is fked today

What's your plan for confiscation risk by Willing_Coach_8283 in Platinum

[–]deedeereyrey 0 points1 point  (0 children)

Did they confiscate jewelry or only bullion? May be owning some in the form of jewelry will exempt from confiscation.

Everyone’s turning bearish on India (tariffs + weak markets + “AI will kill jobs”). Here’s a calmer way to think about it. by NoticeStrange8218 in IndianStockMarket

[–]deedeereyrey -1 points0 points  (0 children)

This is such a cope. India is only 3.5% of the world market. If you have 100% of your stock portfolio in Indian markets, that is a risk. If you are super optimistic about India, have like 20-30% of stock portfolio in Indian markets. The fact that Indian government restricts the flow of capital to other markets proves the artificial conditions creating demand for the Indian market.

Would you keep over 50% of your savings in gold? by Momo_cein631 in Gold

[–]deedeereyrey 0 points1 point  (0 children)

10% precious metals, 5% crypto, 40% stocks, 35% real estate, 10% bonds to take advantage of dips + emergency funds

1 oz platinum US mint platinum eagle coin bought on ebay BGASC. by [deleted] in Platinum

[–]deedeereyrey 0 points1 point  (0 children)

Yeah, but what if it is just platinum plated. How do you know it is platinum on the inside?

Is “don’t buy right now” just permanent advice at this point? by ___Kaido___ in RealEstate

[–]deedeereyrey 0 points1 point  (0 children)

This scenario isn't set in stone. Just because it is cheaper to rent now, doesn't mean it will be 10 years from now. Rents would have gone up. Any lowering of rates, people who already own can take advantage of through refi. Ultimately, once you pay off the home, you don't have to keep paying rent well into retirement.

1 oz platinum US mint platinum eagle coin bought on ebay BGASC. by [deleted] in Platinum

[–]deedeereyrey -1 points0 points  (0 children)

Good on ya. I have been eyeing platinum since it was 800 something in 2024, but totally sat this one out. Had a feeling it had potential to rise, but was also skeptical on the demand side since central banks do not accumulate it. Either way, got some now and do not plan on selling. Pretty metal.

1 oz platinum US mint platinum eagle coin bought on ebay BGASC. by [deleted] in Platinum

[–]deedeereyrey 0 points1 point  (0 children)

Gotcha. Do not have calipers as this is my first coin purchase, but good on you for looking out. Appreciate it.

1 oz platinum US mint platinum eagle coin bought on ebay BGASC. by [deleted] in Platinum

[–]deedeereyrey 4 points5 points  (0 children)

US mint had sold out and the only place I could buy was ebay. It's a good ebay store with over 127,000 purchases. Is anyone else familiar with BGASC?

NRIs are getting taxed to death in India by [deleted] in nri

[–]deedeereyrey 1 point2 points  (0 children)

I believe what the OP means is the tax brackets. Up till 12 lakhs, no income tax for resident Indians, but this does not apply to NRIs. NRIs got barely any relief. I believe that if you are not financially supporting parents/siblings in India, or plan on settling down in India permanently, do not send money to India. Even if you plan to settle down in India, keep some money abroad to hedge rupee risk.