Daily Note

5 Billion Dollars Tax Free

Jun 24, 2021

Thomas Thornton

  • Peter Thiel is in the news again today 
  • It was revealed he has a mind-boggling $5 billion Roth IRA and that was the amount back on 2019
  • He's going to be able to withdraw from in in 6 years fully tax free
  • Expect the wealth tax narrative to continue and perhaps the volume will get louder
  • I'm still very concerned about the Nasdaq with sentiment at 85% (extreme) and so many DeMark exhaustion signals
  • I'm reshorting a stock that has no business trading where it's trading
  • I'm on Real Vision's Festival of Learning at 4pm ET today
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