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 […]
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 […]
Light Speed Reversals
by Scott Causey, GWP Resource Correspondent The world has never been faster than it is now. Technology permeates everything about our modern lives. The pace at which new technologies are brought to market is growing in an exponential fashion. From hand held smartphones that have multiplied the processing power in the palm of your hand, […]
Food War III
by Scott Causey, GWP Resource Correspondent Who knew that the rap artist Nelly was actually a savvy investor? From the song “Grillz”: “Got 30 down at the bottom 30 mo’ at the top All invisible set in little ice cube blocks If I could call it a drink call it a smile on da rocks […]