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Nine Things You Need to Know to Survive the New Economy

"There is a way out. You have to hustle. It's hard. But there's nothing else. You have to choose between being a temp staffer (and I can see this from the front lines) or being an entrepreneur/artist. It's going to sound corny, but you have to stay physically, emotionally, mentally, and spiritually healthy. You have to work on coming up with ideas every day. You have to be around positive people who love you. You have to be grateful for the abundance you have and invite more into your life. This is not economics. This is the real world and how to survive in it. Not the fantasy land of cubicles and fluorescent lights." Continue reading →

Continue ReadingNine Things You Need to Know to Survive the New Economy

Nine Things You Need to Know to Survive the New Economy

"There is a way out. You have to hustle. It's hard. But there's nothing else. You have to choose between being a temp staffer (and I can see this from the front lines) or being an entrepreneur/artist. It's going to sound corny, but you have to stay physically, emotionally, mentally, and spiritually healthy. You have to work on coming up with ideas every day. You have to be around positive people who love you. You have to be grateful for the abundance you have and invite more into your life. This is not economics. This is the real world and how to survive in it. Not the fantasy land of cubicles and fluorescent lights." Continue reading →

Continue ReadingNine Things You Need to Know to Survive the New Economy

Gibraltar tries to lure London hedge fund bosses with promise of low taxes

"Gibraltar is launching a campaign to persuade hedge funds to ditch their plush Mayfair offices for the low taxes of 'the Rock'. Last week hedge fund managers were invited to the peninsula where they were told income tax could be limited to £30,000 a year no matter how many millions they earned. Gibraltar also boasts no VAT and social security payments of just £120 per family a month. In the UK the top rate of income tax is 45%, VAT is 20% and national insurance is levied at 14% of weekly earnings above £797. Corporation tax on activities undertaken on the rock is levied at 10%, compared with 24% in the UK." Continue reading →

Continue ReadingGibraltar tries to lure London hedge fund bosses with promise of low taxes

Gibraltar tries to lure London hedge fund bosses with promise of low taxes

"Gibraltar is launching a campaign to persuade hedge funds to ditch their plush Mayfair offices for the low taxes of 'the Rock'. Last week hedge fund managers were invited to the peninsula where they were told income tax could be limited to £30,000 a year no matter how many millions they earned. Gibraltar also boasts no VAT and social security payments of just £120 per family a month. In the UK the top rate of income tax is 45%, VAT is 20% and national insurance is levied at 14% of weekly earnings above £797. Corporation tax on activities undertaken on the rock is levied at 10%, compared with 24% in the UK." Continue reading →

Continue ReadingGibraltar tries to lure London hedge fund bosses with promise of low taxes

Andorra bows to EU pressure to introduce first-ever income tax

"Antoni Marti, the head of government of the tiny mountain nation, announced the move on Friday during a Paris meeting with French President Francois Hollande. A bill would create a tax on personal income as part of an effort to 'progressively bring its tax system in line with international standards'. There is currently no income tax applied to individuals based in Andorra, but the country did introduce a modest corporate levy for the first time last year and a system of Value Added Tax from January 2013. Andorra, with its population of 85,000, has relied on banking secrecy, tourism and duty-free trade to become a financial and commercial success." Continue reading →

Continue ReadingAndorra bows to EU pressure to introduce first-ever income tax

Lessons from Economic Crises in Argentina

"Just about every single thing that you could do to screw up a country, they have done. It is comical to see the extremes they have gone to. They are really completely out of control and the country is spinning off into la-la-land. Frankly, I love living right in the midst of all of it. There is a lesson to be learned from all of this, and I think it is a very important one. When it comes right down to it, any government – not just the Argentine government, but the US government as well – will simply do whatever it thinks it needs to do to keep the status quo intact, with no moral or ethical considerations." Continue reading →

Continue ReadingLessons from Economic Crises in Argentina

Now Available for You to Buy: America’s Most Expensive Home, $190 Million

"The Greenwich, CT house has 12 bedrooms and comes with 50 acre of grounds. The house is currently owned by timber industrialist John Rudey, reports the UK's MailOnline. The estate once belonged to Harriet Lauder Greenway, whose father went into business with steel magnate Andrew Carnegie. The three story property was built in 1896 and still has speaking tubes from pre-electricity days and sleeping porches used to cool off before the invention of air conditioning as well as an elaborate solarium. There is 15,000 feet of living space." Continue reading →

Continue ReadingNow Available for You to Buy: America’s Most Expensive Home, $190 Million

Thriving UK Housing Market Creates 77,894 More ‘Millionaires’ Last Year

"More than 300,000 British homes are worth over £1 million pounds ($1.5 million), up 32 percent on last year, according to a property 'rich list' out on Friday. Furthermore, the number of streets where the average property value is over £1 million jumped to 8,230. Unsurprisingly to those familiar with England's expensive capital, London was home to all 20 of the country's most expensive streets. Despite the U.K.'s anemic economy, property prices have continued to rise, fueled by easy monetary policy, housing shortages, and government schemes to make home-buying more affordable." Continue reading →

Continue ReadingThriving UK Housing Market Creates 77,894 More ‘Millionaires’ Last Year

Jim Rogers: 50% Correction in Markets not Uncommon

"Jim Rogers sat down with Kitco News during FreedomFest to talk about gold, the fed and the current state of the markets. Rogers explains his book 'Street Smarts' and shares his experiences living in Singapore. Watch now to hear what he has to say about the US economy and the recent corrections in gold prices." Continue reading →

Continue ReadingJim Rogers: 50% Correction in Markets not Uncommon

U.S. banks eye metal storage exit

"JPMorgan Chase and Goldman Sachs are seeking to sell their metal warehousing units just three years after their controversial entry to the industry. The two US banks got in to the niche warehousing business in 2010 at a time when a build-up in stocks following the financial crisis had triggered a boom for storage companies. But their ownership of warehouses struck a nerve when metal users began complaining that warehousing companies were profiting from bottlenecks in the system that have distorted prices. The Federal Reserve is also weighing whether banks should even be allowed to own physical commodities infrastructure, such as warehouses." Continue reading →

Continue ReadingU.S. banks eye metal storage exit