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22
Crime Thai Tourist Police use AI to Track Down Over 170 Suspects and Screen High-Risk Individuals
Their country, their rules. Clean up the Africans on Sukhumvit and the Russians everywhere else. -
9
Report Pattaya Immigration Police Arrest Foreign Nationals for Begging Scheme
The beggar kings are reputed to buy or steal babies and mutilate them by removing limbs to make them more profitable. -
99
How to tell if you're dealing with a MAGA folk?
You get your $ 5.000-- DODGE check? -
5
Report Pad Thai Ranked Fifth in TasteAtlas's Best Stir-Fry Dishes
"Sambal Goreng"? I think you mean Nasi Goreng dear. Indonesia clinching first place yet again demonstrates that Indonesian cuisine is slightly better than Thai cuisine. -
99
How to tell if you're dealing with a MAGA folk?
Still, a higher level than you’ll ever attain. -
45
Is Now the Time to Go All-In on Silver—or Stick with Gold?
Holding bullion yourself or in storage is theoretically the safest way to hold it but storage of large quantities at home is not that safe and external safe storage not that cheap. ETFs are another alternative. Many people know GLD and SLV traded in NY but not so many people know there is also a gold ETF, also GLD, on the Thai stock market for those who have Thai baht onshore. The Thai GLD is free of capital gains tax but gains on gold bullion held in Thailand are theoretically taxable. In North America Sprott in Canada has some offerings of interest and some are available on the Toronto Stock Exchange traded in USD and CAD as well as in NY. Sprott's PHYS is a gold alternative to the US GLD that claims a closer tie to the underlying gold held as collateral and charges just a smidgeon more than GLD. I like Sprott's SLVR ETF because it combines a holding in the silver ETF as well as silver mining stocks and is not too heavy n the largest silver mining stock, First Majestic, which has a lot of problems in my opinion. For gold mining stocks GDX provides exposure to the largest ones and GDXJ to the juniors. A favorite gold ETF of mine is GOAU which is an EFT of gold royalty companies. These companies buy royalty streams from mining companies on sure fire projects which is a great way for the miners to secure upfront finance to complete mining projects and for the royalties to get income from gold mining without the costs and hassles of mining themselves. Gold royalties are a great bridge between own bullion that doesn't pay any dividends and gold mining stocks, as they pay dividends and get more of the upside when gold goes up but not as much of the downside as the miners. GOAU owns all the large gold royalties companies and some smaller ones, diversifying the risk. One reason that non-Americans concerned about estate planning for their families might chose to prefer Canadian or other non-American listings is Federal Estate Tax. While Americans and US residents get an exemption of $13 million from this iniquitous tax, non-residents only get an exemption of $60,000 and a blanket rate is charged on all US situs assets above that, even US listed stocks held in a brokerage account outside the US. When a non-US client dies, the broker will freeze all their US assets until the executor can convince them that US estate tax has been paid and this may take a long time. Brokers don't tell non-US clients about this because they don't want to scare them away from investing the largest stock markets in the world. The only proven way to avoid US Federal Estate Tax is by having an account in the name of a company. BTW the UK does the same thing by charging IHT on UK stocks held non-residents. Bitcoin and other crypto ETFs abound for those who want to diversify into crypto but don't want the hassle of dealing with crypto exchanges and hardware wallets. The biggest and most liquid are of course in the US but there are also plenty of crypto ETFs in Canada, Australia, Hong Kong and Europe that avoid the issue of US estate tax. My favorites are the Hong Kong listed ETFs. For those who want listed ETFs or ETPs in alt coins other than Etherium which has large ETFs in the US, Europe is the place to go. Swiss company 21 Shares has issued ETPs on Solana and a number of other alt coins listed in Swiss and other Euro exchanges and so has Van Eck. Good luck and DYODD (do your own due diligence).
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