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Month: August 2019

Recent Mass Shootings Highlight the Impossibility of Preventing Them

August 8, 2019August 8, 2019 Paul-Martin Foss0

The recent mass shootings in El Paso, TX and Dayton, OH have many in the country in a tizzy. Everyone is looking to find something to blame, some reason they can point to, something they can change to prevent these kinds of events from happening. No one wants to believe the sad but important truth […]

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Is the IRS Tightening the Noose Around Cryptocurrency Users?

August 8, 2019August 8, 2019 Adam Gardiner0

Recent reports have indicated that a number of cryptocurrency holders have received letters from the IRS informing them that they may owe taxes on their cryptocurrency holdings. According to copies of the letter, the IRS is telling people that the agency has: “…information that you have or had one or more accounts containing virtual currency […]

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Survival Ammunition: 20 Gauge Shotshell

August 8, 2019August 8, 2019 Paul-Martin Foss0

With the 12-gauge shotshell dominating the shelves of American gun shops and being by far the most popular gauge in the country, one might wonder if there’s even a demand from most shooters for a smaller gauge. But there is, and that’s where the 20-gauge shotshell comes in. While the 20-gauge isn’t nearly as versatile […]

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Gold IRA Rollover: A Complete Guide

August 8, 2019August 8, 2019 Paul-Martin Foss0

During times of political and economic uncertainty, investors flock to the safe haven of gold. Gold, unlike any other asset, has stood the test of time. It maintains its value day in and day out, oblivious to the goings-on of the world around it. Many investors trust gold as a hedge against difficult economic times […]

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China Devalues Yuan, Cuts Off Agricultural Imports From US

August 7, 2019October 22, 2020 Richard A Reagan0

In a sign that the Chinese government is really, really unhappy at President Trump’s decision to place tariffs on additional imports from China, the Chinese government is retaliating on more than one front. The major move was China’s devaluation of the yuan, which came as a complete surprise to most market actors. That action by […]

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Does the Fed Think a Crash Is Around the Corner?

August 7, 2019August 7, 2019 Paul-Martin Foss0

By now even the most fervent market bulls realize that the economy is on the cusp of a recession and that stock markets are on the cusp of a crash. That’s why so many of them are hoping for further cuts to interest rates on the part of the Fed. Right now the consensus is […]

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Prescription Drug Prices Continue to Skyrocket

August 7, 2019October 22, 2020 Richard A Reagan0

It seems like ever since the introduction of Obamacare, healthcare expenses have been on a tear. That’s understandable, since those who were once uninsurable now have their healthcare costs subsidized by those who are healthy. That explains a significant part of the increase in healthcare premiums each year. But there’s another factor too, and that’s […]

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Do You Have a Digital Bug-Out Bag?

August 6, 2019October 22, 2020 Richard A Reagan0

Many preppers have a bug-out bag, or several, or at least are familiar with the concept of bug-out bags. They’re bags that contain all the most important items you need when you find yourself faced with having to leave your residence, and they can sustain you for a day, several days, or even a few […]

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Trade War With China Heating Up Again at Just the Wrong Time

August 6, 2019October 22, 2020 Richard A Reagan0

President Trump shocked markets last week with his tweet that he would place a 10% tariff on all remaining Chinese imports starting on September 1. That followed the breakdown of trade talks between US and Chinese officials, which ground to a halt after less than half a day of negotiations. It also caught the Chinese […]

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How to Avoid Taxes on IRA Withdrawals

August 6, 2019August 6, 2019 Paul-Martin Foss0

One thing that every investor wants to avoid is paying taxes. Having to pay taxes takes a tremendous cut out of the value of your investments, eating significantly into your investment returns. That’s why so many investors turn to tax-advantaged retirement accounts such as 401(k)s and IRAs, since they allow investors to defer taxation on […]

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