Government Reporting Requirements for Coin and Bullion Dealers
by H. Burdette Streeter II, CEP, CPhD, MCEP (ret) There is much confusion and disinformation about the extent to which coin dealers are required to obtain customer information to keep on file and use in submitting reports to the Internal Revenue Service (IRS) or other government agencies. In some cases the confusion may be used […]
A Foundation of Quick Sand
by Scott Causey, Resource Correspondent Every person on earth starts off with a base level of knowledge and inherent biases when being introduced to new skillsets. The inate skills, abilities, knowledge, and biases within that organism will determine a starting point for obtaining actionable new skills, or knowledge base. How critical is it then for […]
Is Your "Money" in a Bubble?
by Scott Causey, GWP Resource Correspondent Tens of trillions of multiple currency units slosh around the financial universe everyday. Japan’s sovereign debt is measured in a metric called a quadrillion. So is the derivatives market. Going back over 100 years, central bankers around the globe have been the masters of the Universe. Stand close enough to the […]
The South Has Risen … Again
by Scott Causey, GWP Resource Correspondent The citizens of the state of Texas have had enough. Thousands of people have signed a petition attempting to help the state of Texas secede from the Union. The Texas petition reads as follows: “The US continues to suffer economic difficulties stemming from the federal government’s neglect to reform […]
The Shot Heard Round The World
by Scott Causey, GWP Resource Correspondent Call one “Black Swan” event in markets with correct timing and accuracy, and you’ll forever be a legend in the minds of many. These seminal moments have historically not come along that often. In recent years, however, they’ve become more and more frequent; the market crash of 1987, the bursting of […]
Lets All Hold Hands and Jump Off the Cliff Together!
by Scott Causey, GWP Resource Correspondent The Western World’s economic policies are destroying any hope of a real recovery. More importantly, I fear that it is completely intentional, as most things with government and big business are. Think back 10 years ago, and how you viewed the world then, as opposed to now. How would […]
Your ASSets are your LIEabilities
by Scott Causey, GWP Resource Correspondent “Own nothing, control everything.” – John D. Rockefeller “But, but , but,” you say, “What about my Porsche I’ve always dreamed of? What about my McMansion? I have millions in the bank, no worries. I have huge sums in retirement accounts, no worries.” Wrong, wrong, wrong, and oh for […]
Herding Cats and Central Planning
by Scott Causey, GWP Resource Correspondent “It’s like trying to herd cats” is one of my favorite similes. Imagine, if you will, trying to convince 100 people that your way is the only and best way. Not just today or tomorrow, but for the rest of their lives. What would you put your chances at […]
Worshipping at The Altar of Inflation
by Scott Causey, GWP Resource Correspondent I really believe it is incredibly important that people know nothing of history, just like the vast majority of “educated” people in America. I am referring to financial history in particular. You see, if those subjects and topics were actually taught in public schools and universities, the FDIC would have a […]
Institutional Thinking and the Creature from Jekyll Island
by Scott Causey, GWP Resource Correspondent Today I’d like to take a break from my usual pound the table rants for precious metals. Buy the “rumor” and sell the “news”, in other words. Gold, silver, and platinum have all had monster moves in the last 30 days. I hope that everyone who has been […]
