"Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of The Bottom Line. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime." Continue reading →
"It's not illegal to sell bitcoins per se, but at least four people across the US this year have been charged or pleaded guilty to the crime of exchanging the cryptocurrency for fiat as a business without a license—'business' being the keyword." Continue reading →
"The elderly Thai immigrants sunk their life savings into designer wedding dresses and were left penniless when the IRS sold them all, according to the couple's attorney. The legal filing claims that the agent on the case originally recognized that the entire inventory would not need to be sold to satisfy the debt. However, Freeman obtained internal IRS communications through a Freedom of Information Act Request and found that IRS higher-ups decided that the agency should 'shut down this failing business.'" Continue reading →
"Senate Bill 1241 requires that anyone travelling beyond US borders declare his assets in writing and in detail, plus provide ongoing access to all accounts held by the individual. In essence, it’s providing the government with a license to track your cash, cryptocurrencies, and other assets in perpetuity. Should, at any point, your declaration come into question as to its accuracy, the entirety of those assets could be seized, not just those that were unreported. In addition, you could face a prison sentence of up to five years." Continue reading →
"The Supreme Court agreed Monday to review President Donald Trump’s travel ban and partially reversed lower court rulings that blocked the ban from being implemented. Trump’s travel restrictions on people from six Muslim-majority nations can be applied to individuals 'who lack any bona fide relationship with a person or entity in the United States,' the Supreme Court ruled." Continue reading →
"In the coming days, the Trump administration will take steps to delay and ultimately rescind an Obama administration rule allowing foreign entrepreneurs to come to the U.S. to start companies, sources familiar with the situation tell Axios." Continue reading →
"Given the power passive strategies have rapidly accrued, perpetuating blind faith could prove devastating." Continue reading →
"If one repeatedly learns that feeding a beast can briefly appease it, but predictably makes it more enormous, savage, and unstable, it is best to remember the lesson. Instead, central bankers have doomed the world to learn that lesson again." Continue reading →
"Tom Price, Secretary of Health and Human Services, is as prohibitionist as they come. And his position offers the anti-marijuana legislator more control over medical access to marijuana. His position would allow him to attack the part of pot thought to be most safe – medical marijuana." Continue reading →
"We hope that Sessions’ reference to an historic drug epidemic is focused on the deadly opioid crisis currently plaguing the United States." Continue reading →