Investment strategist Michael Lee, the founder of Michael Lee Strategy, was recently interviewed by Michelle Makori, the editor-in-chief and lead anchor at Kitco News. During this interview, Michael Lee let the cat out of the bag and stated that he believed the price of gold would reach $5000 an ounce in roughly 3 years. He…
Wealthy individuals need to be mindful of how the gift tax works because it plays a huge role in succession planning. Today I’ll share with you the gift tax limits for 2023 as well as provide an understanding on how you can make gifts that will be able to be excluded from taxation. This tool…
While this Summer may be faking out retail investors with an encouraging stock market, dooms day is approaching for many uninsured depositors. A Yahoo! story called uninsured deposits a “ticking time bomb” and I’m here to curate all the details from this new report and tell you where I’m putting my investment capital now ahead…
My colleagues have been writing about this since well before I joined the team at Cayman Financial Review, and in my first update to the masses, I’m sort of doubling-down on what they have been hinting at over the course of 2023. Banks are failing, and iconic Billionaire investor Warren Buffet believes more bank failures…
In the midst of the economic uncertainties and currency devaluations that we are witnessing today, billionaire investor John Paulson has made a bold statement that has caught the attention of investors worldwide. In an interview with Bloomberg, Paulson has stated that he firmly believes that gold is the ultimate store of value in times of…
Sometimes people do have a crystal ball and can see into the future. In this case, it was Stanley Druckenmiller’s quotes on gold back in 2016 that are seemingly holding up today. In today’s economic climate, it is crucial to pay attention to the financial advice of successful investors. Stanley Druckenmiller, a billionaire hedge fund…
In recent news, the US banking industry has faced yet another significant withdrawal trend. According to the Federal Reserve, depositors have pulled out a staggering $126 billion from US banks in the last week of March 2023. This is the largest weekly withdrawal seen since the height of the pandemic in early 2020. This latest…
The US dollar has long been regarded as the world’s leading currency, but its abuse and weaponization have caused concern among global players. The financial instrument, which was supposed to facilitate transactions, has been used as a tool of coercion, resulting in a growing global distaste for it. As a result, there is now a…
Our growing website is expanding! We’re proud to announce that effective immediately, Tim Schmidt has joined the Cayman Financial Review team! We first announced this hire on Business Insider. Who is Tim Schmidt? Tim Schmidt is a Florida-based Entrepreneur who has been nothing short of psychotic with the way he manages his retirement investments. Since…
The FDIC failed bank list is something that you should keep tabs on. Today I’ll share with you which banks are failing in my endless pursuit of keeping people informed about the economy and wealth preservation. With Silicon Valley Bank being the latest bank to go under, it’s becoming a scary time as we’re definitely…
Today’s market is uncertain, and Sean Hannity references physical gold and silver as safe havens to protect a person’s retirement savings that may be at risk. On March 2, 2022, Sean Hannity said that the only precious metals company he tells listeners, family, and friends about is Goldco. He says he’s done his research, and…
Long time readers know that I like to support my own investing opinions by citing the thesis of other sharp investors. Robert Kiyosaki, of “Rich Dad, Poor Dad” fame, has recently warned that a “Giant Crash is Coming,” and that now is the time to buy gold, silver, and even bitcoin. I’ll take a deeper…