The Eurozone Club: Part II
January 14, 2014 By: G. Matiss Merkelis, Contributor (Originally published January 9, 2014 at www.gmmerkelis.com) It’s been just over a week since commenting on Latvia’s joining the eurozone on Jan 1, in Part I. One of Riga’s most popular lunch spots, Stockpot, remains on holiday / vacation, as they have pledged to do so for […]
A Comprehensive Introduction to Crypto-Currency
December 23, 2013 By: Greg Simon, Contributor from knowmadiclife.com What is a crypto-currency? A crypto-currency is simply a digital medium of exchange. The most widely know and used crypto-currency today is bitcoin. Crypto-currencies are different from government fiat currencies in many ways. One critical main difference between government fiat currency and crypto-currency is denationalization. Crypto-currencies […]
Sticky Note: Why Go Off-shore
December 17, 2013 By: Paul Seymour, Director of Client Services I typically receive about 8-10 inquiries per day from potential clients who are interested in getting their assets out of harm’s way in the US or EU. Many of them start with the phrase, “this is somewhat new for me, so please explain…..” So, as […]
China’s Recent Monetary Moves
December 9, 2013 By: Kelly Diamond, Publisher The Yuan has overtaken the Euro in trade finance usage in October, making it the second most used currency in trade finance. There have been some changes going on in China’s monetary policies. Some of which have resulted in some interesting news for the Yuan. Chinese currency had […]
The True Value of Bitcoin: What You Really Need to Know
December 3, 2013 By: Bobby Casey, Managing Director My buddy and fellow freedom-loving protagonist, Stefan Molyneux recently released this video dissecting the benefits and usage of Bitcoin. I must admit, I am woefully ignorant about this subject but I personally found this video HUGELY educational and eye-opening. For example, I knew Bitcoin is used as […]
Boots on the Ground in Singapore
November 19, 2013 By: Bobby Casey, Managing Director Last Friday I arrived at Singapore Airport about 6:00 PM local time. This is my first visit to Asia aside from a few trips to the Asian part of Russia. A local buddy of mine picked me up at the airport and we promptly went to dinner […]
BitCoin: Still a LOT of Ignorance
November 4, 2013 By: Kelly Diamond, Publisher I don’t fault people for not knowing about BitCoin. It’s normal for people to not know things. I do however condemn those who don’t know anything about BitCoin, but feel confident enough in their ignorance to attempt at any substantive claim for or against it. “He who […]
Five Years of Obama’s Wealth Redistribution
October 23, 2013 By: Greg Simon, Contributor from www.knowmadiclife.com “’The folks in the middle and at the bottom haven’t seen wage or income growth, not just over the last three, four years, but over the last 15 years,’” the president said.” — http://money.cnn.com/2013/09/15/news/economy/income-inequality-obama/ Most people would not be surprised to learn President Obama and the […]
FATCA Pre-Implementation or Due Process
October 9, 2013 By: Paul Seymour, Director of Client Services pru·dent, adjective \ˈprü-dənt\ : having or showing careful, good judgment Full Definition of PRUDENT: characterized by, arising from, or showing prudence: as a : marked by wisdom or judiciousness <prudent advice> b : shrewd in the management of practical affairs <prudent investors> c : marked […]
#1 Reason To Transfer Money Offshore
September 24, 2013 By: Brian Mahany, Tax Attorney Ordinarily our blog posts dispense general advice on how to comply with complex IRS offshore reporting rules and avoid large civil and criminal penalties. Unfortunately, we are not living in ordinary times. Today’s story is one that largely escaped the mainstream media. It’s message, however, which should […]
