rideshare

Ridesharing: A Lesson In Deregulation?

March 2, 2015 By: Kelly Diamond, Publisher Back in October of last year, I wrote about the challenges ride-share businesses such as Uber, Lyft and Sidecar, are facing (“Constipated Economy”). These challenges continue in the more densely populated markets such as San Francisco, Los Angeles, and New York. There are small victories that ride-share entrepreneurs are celebrating, but the road is still quite long. For example, the cities cap the number of cabbies allowed to operate with medallions. Supposedly, it is so that there is enough bus … [Read More...]

hacker libertarian

How Will Hackers Help Build A Libertarian 21st Century?

February 27, 2015 By: Marco Ricca The debate is raging: what will we make of the information age? Are we moving towards a technological dystopia, whereby Big Brother monitors and regulates our every action and thought? Or, conversely, does the digital revolution contain the promise of a renewed era of liberty? The former view definitely presents valid arguments; systemic eavesdropping by intelligence agencies, human beings being implanted with RFID chips, or the proliferation of biometry are popular examples to support it. The … [Read More...]

e-estonia

The New Best Offshore Banking Jurisdiction?

by Bobby Casey About three weeks ago a buddy of mine came for a visit in Riga, Latvia.  He was looking for a getaway for a couple of weeks and wanted to explore the region I have called home for several years now. A few weeks ago he read one of our articles, “E-Stonia: Wired and Well Ahead of the Curve” - and decided to pursue Estonian E-Residency so that he could get his id card, open a bank account in the EU and do business. You may remember for our article about Estonian E-Residency that it is a relatively new program offering many b … [Read More...]

international bank heist

$1 Billion International Bank Heist

February 23, 2015 By: Kelly Diamond, Publisher I found it a little hard to believe when I first heard of it, but indeed there was a global bank heist of approximately $1 BILLION that was recently uncovered. By “global” we’re talking 30 countries and about 100 banks.  And yes, it was "uncovered" because unlike regular hold-ups and robberies, this was happening covertly through malware. This was discovered when Kaspersky Labs was hired on to investigate a malfunction with an ATM at a Ukraine bank. What they concluded was that there was a … [Read More...]

panamanian baseball

Going to a Baseball Game in Panama

February 19, 2015 Originally published on 2/17/15 at DailySpeculations.com By: Gordon Haave, Managing Director at Agora Trust, LTD. While Dr. Lillienfeld and other baseball fans get ready for spring training, I had the opportunity to go to a baseball game in Panama last Friday. It was the best game I have ever been to. There are, it seems, 3 leagues in Panama. Fedebeis runs a "juvenile" league and a Major league. There is also a pro league. The pro league ended in January. The major league is rumored to start up at the end … [Read More...]

walls going up closing in

Walls Going Up… and Closing in

February 16, 2015 By: Kelly Diamond, Publisher The tax code is like a growing zit. It’s painful and I want so desperately to pop it. There are nearly 74,000 pages in that code. And code it is, because you need attorneys, CPAs, and computer algorithms to decipher it. Ever hear the old adage, “Ignorance of the law is no excuse for breaking it”? Well, if you need a special degree or certification to know it, then perhaps it is a rather viable excuse! That’s just the federal tax code. We aren’t talking about the state and local levels ye … [Read More...]

offshore accounts

Attack on Offshore Assets?

February 9, 2015 By: Kelly Diamond, Publisher So as the class warriors continue to hone in on their intended target of “the 1%” and “offshore tax dodgers” while chanting to a drum “your fair share”, more pages are being considered for our already 74,000 page tax code. It’s off-putting to say the least, but indeed there is a new measure under consideration for people who move their money offshore: “President Obama is grabbing headlines for his new corporate-tax plan that would raise $238 billion over 10 years by assessing a 14-percent … [Read More...]

china beats us

China Passes U.S. … AGAIN!

February 2, 2015 By: Kelly Diamond, Publisher About three and a half months ago, I wrote of China’s economic rise to prominence (China v the U.S. = Strategy v Tragedy). Sadly, the only real claims the U.S. had in its own defense was that China did not overtake the U.S. in RAW GDP, and the U.S. was still beating China in foreign direct investments (FDI). Would it surprise you to learn that the U.S. can no longer claim the latter of the two points? We have not lost this spot in the world economy to China in about a decade. The U.S. m … [Read More...]

beauty of deflation

The Beauty of Deflation

January 30, 2015 By: Claudio Grass, Managing Director at Global Gold Switzerland The Eurozone has been hovering around a 1% inflation rate, getting closer to zero during 2014, nothing close of the ambitious 2% benchmark set by central banks. Any small downward adjustment in the inflation rate will put it in the negative territory, allowing for prices to spiral downward. The West is genuinely fearful of deflation. Headlines in leading papers were very strong in reflecting this fear, describing deflation as “the world’s biggest economic pro … [Read More...]

Free college

Free Stuff!

January 26, 2015 By: Kelly Diamond, Publisher Reading some of the recaps of the State of the Union Address from President Obama, I felt like I missed a very benevolent episode of Oprah! I could just picture him pointing at members of the listening audience shouting, “YOU get a free ride through college! YOU get a free ride through college!” But when I hear a politician say the word “free”, I immediately clutch my purse a little tighter and check my bank account. The latest in free stuff is community college. The cost benefit analysi … [Read More...]

St Kitts Nevis

St.Kitts and Nevis Investment Program: Handing Out Money like Candy?

January 23, 2015 By: "Luigi Cameron" Please note: A pseudonym is used to protect the identity of the real author. Let’s explore this question... St. Kitts and Nevis is a small two island country located in the West Indies. This tiny country, recognized for its quiet untouched beaches, lush tropical forests and vibrant culture is often a go-to destination for many travelers wishing to attend music festivals. Having personally visited the island on a number of occasions, many times I have asked myself how such a small country has been … [Read More...]

euro swiss franc

The Swiss Surprise

January 19, 2015 By: Kelly Diamond, Publisher So an interesting headline crossed my path the other day: “Swiss National Bank unexpectedly scrapped its three-year policy of capping the Swiss franc against the euro.” The move shocked many in the EU, especially many Swiss exporters. The Swiss Frac soared, while business stocks were sent in the other direction. Indeed, when the Swiss Franc becomes so expensive to the rest of the world, exports will be the first one to take a hit when caps are removed. “The franc appreciated as much as 41 … [Read More...]

intersting turn gold

Steen Jakobsen: Things Are About To Take A Different Turn In 2015

January 16, 2015 By: Claudio Grass, Managing Director of Global Gold This article is based on an interview conducted by Claudio Grass, the Managing Director of Global Gold based in Switzerland, with Mr. Steen Jakobsen. Mr. Jakobsen is the Chief Economist and Chief Investment Officer at Saxo Bank, where he has served for a total of 14 years, including two years where he left to act as Chief Investment officer of Limus Capital. He is a renowned economist and trader with more than 25 years of experience in the fields of proprietary trading … [Read More...]

save thousands on obamacare

Save $11,055 on Obamacare

January 14, 2015 By: Bobby Casey, Managing Director at GlobalWealthProtection.com Over the holidays, I was in the U.S. visiting family and friends. One of my stops was a close friend that lives in Washington, DC (a.k.a. “Belly of the Beast”).  While in DC and discussing healthcare costs with my buddy, I had an epiphany. Living outside the US saves me enough in healthcare costs to afford a round trip plane ticket from Europe to the US every month. Costs have really gotten out of control. Everyone I talk to seems to have really gotten the … [Read More...]

the fed

What Do Record Profits for U.S. Treasury Mean?

January 12, 2015 By: Kelly Diamond, Publisher Well, this week, the news came to me! I usually have to root around the financial corners of the internet to find something to write about, but this one just dropped in my lap. I was scrolling through Facebook, and this one self-proclaimed liberal Democrat posts this article Fed pays record $98.7 bn in profits to US Treasury along with the commentary: “The Stimulus Plan worked!!!”. (Sadly, she’s serious.) If she was sarcastic, I would have left it alone. But then other liberals chime in with … [Read More...]