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…
The world’s wealthiest people are always looking to increase their portfolio. Many of them have done so by placing big bets on Gold investments. The most intelligent and wealthiest investors throughout the world keep gold in their portfolio since this asset possesses serious value. This statement has never been truer amongst everyday investors that usually…
When it comes to managing reserves, central banks play a crucial role due to their large gold holdings. Gold reserve mainly refers to the gold that a country’s central bank owns and would use to back its currency and fulfill its obligations to pay noteholders, depositors, and trading partners. The metal represents a valuable asset…
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…
In a day many people were anticipating with baited breath, the Fed will be raising the rates today in yet another move to hold off inflation. This time will mark the fourth time the Fed has raised the rates by 0.75 basis points in such efforts. With the risk of a recession staring us in…
Last week we saw the Fed once again raise rates by .75 basis points. Today, we look back almost one week later to see how precious metals reacted to the rate hike. Precious Metals Prices Post September Fed Rate Hike With the rates being raised higher to stop inflationary trends, the precious metals sector (both…
It’s never too early to start planning ahead! As we enter the fourth quarter, it’s time to think about the bottom line for 2022, but also it’s good to know about what will the tax brackets be in 2023. Today we’ll break down the tax brackets for 2023 for those curious financial planners out there!…
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 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,…
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…