43 Comments

1. The Solari Report is worth every cent ( even with coin shortages ) and more. Your guests and you are like having friends, damn smart friends, over. Probaly the most informative site, not just financial, that I have ever subcsribed to. I just heard you say It’s a MESS and, as Tommy Lee Jones said, It will do till the REAL mess gets here! It’s here!

   1. Nelson, glad its useful.

   2. I could not have said it better. I tell my friends that it is the best money I have spent and wish I had joined sooner. I bet they subscribe soon.

   3. So true – the quality is outstanding and the price is so reasonable and i am so grateful to have found Solari – the periodicals are superior quality. I treasure them on my bookshelf.

2. Musings about children by those without children, are empty.

   1. No, it is not and the sentiment you express is narrow minded at best.

   2. Well, I have heard a lot of arguments against free speech this week. More each week for many weeks. This is certainly one of the more interesting. You have BLM beat on that account. 🙂

3. Whew…!

   In a bizarre way a lot more uplifting than part one even though dark topics were discussed. The conversation has got me thinking.

   You guys didn’t discuss Ghislaine Maxwell’s arrest. I listened to her bail hearing which she was denied bail. What’s fascinating was CNBC put out an article saying she was denied bail before the judge ordered it…. LOL. Some media knew she would be denied bail.

   Another fascinating thing that happened was the judge set her trial till July 2021… A year to prepare for trial…??? I did jury duty and the judge was looking for jurors for a high profile trial 3 months ahead.

   A year in a downtown Brooklyn cell (yikes! She’s probably has never even been to Brooklyn) for a woman who’s lifestyle is champagne and Chanel is is a long ASS time. There’s photos circling the internet of her and Kevin Spacey sitting on the Queen’s thrown. Are they hoping for her to crack? Was the WayFair leak on trafficking children a teaser from Ghislaine? Are they hoping accomplices come forward before she outs them? It’s very interesting.

   Another honorable mention you missed is Gov Kemp of Georgia. He put out a mandate FORBIDDING mask mandates through out the state.

   That was excellent.

   1. Wow. Missed that one. Good for him.

4. Thank you both. Solari courses would be great!

5. OMG!! 4 HOURS! Like Christmas in July!!

   So appreciative Catherine and Joseph!!

   1. We couldn’t agree more!! 🙂

   2. Absolutely true. Every Solari Wrap up is a wonderful work of high creativity. I’m so excited about the John Titus segments. I’m slowly developing a picture of how the Fed works.
      Thanks Catherine!

      1. 🙂

   3. I agree too. So great to listen to extended intelligent conversation. Thankyou both for that big effort.

      1. 🙂

6. There is so much going on it is impossible to follow it all.

   1. Actually, it is possible. Just stay out of the weeds. This is one of the reasons I follow the money. Very simplifying.

      1. Most of what I am following is COVID related. It hasn’t satisfied Koch’s Postulates yet.

      2. Please refer to this document. Possibly it has already been seen. I have only gone back through 3 months of reports since subscribing.

         Below is the relevant quote from page 10.

         Under the subtitle “Progress indicator(s) by September 2020”

         “The United Nations (including WHO) conducts at least two system-wide training and simulation exercises, including one for covering the deliberate release of a lethal respiratory pathogen.“

         https://apps.who.int/gpmb/annual_report.html

         1. Yes. This is an important step. They have been building up to this for decades.

   2. William and Sally
      It’s time worth spending.
      Do not watch television or read newspapers or magazines.
      Solari reports are informative and integrous. Yes, often tough to listen to.
      They tell truth. It often hurts but we need to know.
      Please pray for us all.

7. Catherine. Given the uncertainty of the upcoming elections and possibility of significant tax increases post 2020 elections, would you recommend retirees withdrawing funds from a traditional IRA and paying taxes on these funds this coming tax season? Tax rates are still very low and this is likely to change with an administration change. Thoughts? Thank you!

   1. Allison, You are right on track. Convert as much as you can afford from your regular IRA to a Roth IRA and pay the taxes now. The conversion for 2020 must be made on or before 12/31/2020. The amount you convert will depend on how much taxable income for 2020 you already have from other sources and how much more you can afford convert. If you have an employer-sponsored 401k, you can do the same conversion from your 401k to a “Roth 401k” if your employer’s plan permits it. Convert as much as you can while it is still allowed. Roth IRA’s and Roth 401k’s are the best deal in town since you will never pay taxes on the earnings you withdraw from Roth’s in the future 30 or 40 years of your retirement. The only rule you have is that your Roth IRA or Roth 401k must be in place and funded for 5 years before you can start taking distributions tax free.

      1. Depends on a person’s unique situation – I hate to generalize. I agree with Jim – conversation to a Roth makes a great deal of sense while rates are low. If you do, keep an eye on any efforts to limit investments or convert IRAs to annuities – that is when you move funds out if you have to. If you are in the securities market, the IRA and 401 is likely the place to do it, leaving your other savings to focus on real assets that can be free and clear.

         1. I agree with Catherine regarding annuities. There are many kinds of annuities and they are all sold by insurance companies at outrageously high commissions paid UP-FRONT which takes a HUGE bite out of your future returns before you even get started. “Variable Annuities” are the worst and should be avoided by the average investor. For retirement funds you should avoid as much risk as possible. Since annuities are sold by insurance companies, they carry with them something called “COUNTER-PARTY RISK”. That means if the insurance company goes bust, so do your annuity payments. Also, annuity agreements are so incomprensible fine print that you will need a CPA or Lawyer to tell you what it means and point out traps for the unweary. NEVER rely on an insurance broker (salesman) to explain to you what the annuity contract actually says. Whatever they tell you is not binding and may be misleading.

            1. Amen and Amen!

               I used to always say that I had never met an annuity that I liked. I have to take that back now. I have seen situations that called for a steady monthly income in which a very expensive annuity from a high quality swiss insurance company or very high quality US made a lot of sense. For anyone who can manage their own, much more economic to live with the market uncertainty.

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