Who Owns the Most Gold Privately in 2022?

Who Owns the Most Gold Privately in 2022?

People buy gold for a variety of reasons. Some people invest in gold to protect themselves against inflation, even though one of the most popular misconceptions about gold investment is that it may outperform inflation. Others purchase it as a cultural custom or because they believe gold is a secure investment. Meanwhile, other investors believe it…

What is Bidenflation?

What is Bidenflation?

Depending on which news channels you watch, you’ll  hear stories about how the Democrats have attempted to toss aside the massive inflation numbers by stating that it’s “transitory,” but the fact is, many American’s aren’ buying into that narrative.  Prices in every industry are skyrocketing, and nearly three years of wage gains have recently been…

Spain’s Fiscal Outlook

Spain’s fiscal and economic development over the period from 2007 to 2017 reflects two different and politically opposed governments: that of socialist Jose Luis Zapatero, whose term in office faced the adverse effects of the global financial crisis from 2007 to 2011, and conservative Mariano Rajoy’s administration from 2012 until June 1, 2018. Rajoy’s government,…

Without Direct Taxes, How Does the Cayman Islands Generate its Revenue?

Without Direct Taxes, How Does the Cayman Islands Generate its Revenue?

The Cayman Islands is often portrayed as a tax haven. And indeed Cayman does not have any corporation tax, income tax, inheritance tax and similar kinds of revenue. Yet, residents are acutely aware that they are subjected to taxes as government needs to raise revenue to pay for infrastructure, health, education and the day-to-day operations…