Everybody has their own personal reasons for expatriating, but here are some of the benefits: Freedom from the global U.S. tax net. Freedom from the death tax. Freedom from the U.S. government's War on Solvency. Freedom from being treated like a “toxic citizen". Freedom from the paperwork prison. Freedom to invest without tax distortions that encourage capital misallocation. Freedom from being crushed by the fiat currency landslide Freedom from the accountability for how the U.S. government spends your money. Freedom to radically increase your charitable giving. Freedom from the risk of getting trapped. Read the full article and get your FREE 29-page copy of American … [Read more...]
Welcome to the Inflation Data Blog
With the Web 2.0 revolution everyone enjoys responding to articles and being able to share good articles with friends and other sites. But we have been a bit behind the curve because of the way our databases are hosted on InflationData.com so adding a blog has been impossible… up until now! But we have wanted to be able to get your feedback for a while now so we have created another site to allow us to provide more articles quicker in a Blog format and it is right here on Inflationdata.net. We would love to have your feedback on articles and suggestions for how we can improve this site. It is just in its infancy so be gentle with us as we get up to speed. All we ask is that you … [Read more...]
20 Questions with Robert Prechter: Signs Point to Deflation
June 30, 2010 Signs point to Deflation By Elliott Wave International The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour. Jim Puplava: Bob, I want to pick up from last September. Since then we've had several quarters of positive economic growth. Asset classes rose substantially, CPI turned positive, gold has hit a new record, oil is close to $80 a barrel. I guess a lot of our listeners would like to know, have these events altered your views on deflation? … [Read more...]
Gold – The Optimal Investment for Inflation and Deflation
History shows that gold is an excellent performer in both inflationary and deflationary economic scenarios. Author: Ronald Stoeferle Posted: Thursday , 24 Jun 2010 VIENNA (Erste Bank) - The central question of whether the next few years will be dominated by inflation or deflation still remains unanswered. In periods of inflation, tangible assets are the preferred asset class, whereas in times of deflation, cash is king. Gold is liquid, divisible, indestructible, and can be easily transported. It has a worldwide market and there is no default risk associated with it, which means it is cash of the highest quality. Therefore gold is the optimal investment both in deflation and … [Read more...]
The 2010 Silver Buying Guide
By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report Silver has been sizzling and causing lots of buzz in the industry. Investors are excited. Part of the hubbub is due to its current run. Since its February 8 low, silver has roared ahead 22.4% (through June 21) and has doubled from its November 2008 low. This excitement has spilled over into greater investment demand – especially so for coins. The U.S. Mint sold more Silver Eagles in the first quarter of this year – just over nine million – than any prior quarter in its history. The Royal Canadian Mint produced 9.7 million silver maple leafs in 2009, also a record. Take a look at the jump in U.S. Mint coin sales … [Read more...]
Paying Taxes on Gold
Give unto Caesar - What to Pay When You're Selling By: Jeff Clark, Senior Editor, Casey’s Gold & Resource Report Proper planning with your finances is incomplete until you consider the endgame consequences of your investment decisions today. So, what are the tax consequences of selling gold, gold ETFs, and gold stocks? There’s lots of conflicting and inaccurate tax information on the Internet about this. We know of one site that claims the sale of silver Eagles is exempt from capital gains tax due to some obscure law (not true). So, let’s nail down the current tax rules for selling gold in the U.S. [The following information pertains to U.S. taxpayers only and is not … [Read more...]
The Primary Precondition of Deflation
By Robert Prechter, CMT Elliott Wave International The following was adapted from Bob Prechter’s 2002 New York Times and Amazon best seller, Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression. Deflation requires a precondition: a major societal buildup in the extension of credit (and its flip side, the assumption of debt). Austrian economists Ludwig von Mises and Friedrich Hayek warned of the consequences of credit expansion, as have a handful of other economists, who today are mostly ignored. Bank credit and Elliott wave expert Hamilton Bolton, in a 1957 letter, summarized his observations this way: In reading a history of major depressions in the U.S. … [Read more...]
Hidden Signs of Deflation
Inflation is like a roaring lion-- pretty hard to miss. Deflation is more like a New Orleans levy holding back millions of gallons of water. You don't really know it's there until the dam breaks and unleashes its destruction. In the following article the editors of Elliott Wave International give us a look behind the curtain at all the pent up deflationary power just waiting to be unleashed.~ Tim McMahon, editor Signs of Deflation That You Might Not See Clearly By Editorial Staff, Elliott Wave International The following market analysis is courtesy of Bob Prechter's Elliott Wave International. Elliott Wave International is currently offering Bob's recent Elliott Wave Theorist, … [Read more...]
Velocity of Money and Money Multiplier- Why Deflation is Possible
By Tim McMahon Back in 1924, John Maynard Keynes called gold a barbarous relic. There is a thought prevalent these days that deflation is the new barbarous relic. In a speech in November of 2002, Federal Reserve chairman Ben Bernanke said, “I believe that the chance of significant deflation in the United States in the foreseeable future is extremely small… I am confident that the Fed would take whatever means necessary to prevent significant deflation… the effectiveness of anti-deflation policy could be significantly enhanced by cooperation between the monetary and fiscal authorities.” He went on to say, “the U.S. government has a technology, called a printing press (or, today, its … [Read more...]
Colombia: A New Gold Rush?
by Andrey Dashkov, Casey’s International Speculator For many investors, Colombia remains a grey spot on their mental maps of South America. La Violencia, the 50-year dark age in its recent past, came to an end with the close of the 20th century. But the memories are fresh, and the impact on the local economy and international perceptions of the country lingers. This reputation still prevents most foreigners from investigating Colombia’s potential – and that spells opportunity. For those curious and courageous enough to see Colombia as a new frontier, early speculations are starting to yield big rewards. The country has abundant natural resources, including gold, silver, copper, coal, … [Read more...]
