One of the interesting aspects of being an American citizen is that you are legally obligated to pay American income taxes not just on income earned in the United States, but anywhere on the planet. America is so far the only major nation that has this, some would say dubious, distinction. Most Americans are not […]
Continue readingThe nature of wealth is a little different from income. Whereas income represents your current standard of living and what you can currently enjoy, wealth represents the past living standards that you voluntarily forwent in favor of being able to enjoy more at a future date. Wealth is a very important economic indicator that many […]
Continue readingDoug Casey’s Note: I’ve been emphasizing the importance of making the world your oyster for many years. Most people—and this is especially true of North Americans—tend to stay pretty much where they were born. Acting like medieval serfs or even vegetables rooted to where they were planted. Neither is a good strategy for a person. […]
Continue readingThere is one offshore haven that has traditionally been known as a preferred tax haven for much of its history. The country has been known for its lax tax structures and top-class financial service sectors which have helped many build sizeable wealth offshore. One of the biggest plus-points going for this offshore haven is the […]
Continue readingInternational Man: Medical-care spending in the United States is more than double that of any other developed country. The extra spending doesn’t amount to better quality care or a healthier American population. What’s your take on the US system as a whole? Doug Casey: It’s full of problems. And they’re likely to get worse. First […]
Continue readingThere are many different options for banking today. This is true even if you are firmly in the middle economic bracket. In order to decide how to structure your financial strategy to the best possible effect, it pays to be aware of how the most common banking institutions and what they have to offer. So […]
Continue readingI’ve never been much of a gambler. On the rare occasions I’ve played poker, I almost always came out ahead, but I almost never bluffed and, probably more important, I always played with amateurs like myself, never with players who really knew what they were doing. Of course, the business of governance is far more […]
Continue readingDave Forest is a geologist who has worked professionally in mining and petroleum over a 20-year career. He has also bridged his technical expertise into the finance and investment sector, originally joining Doug Casey in 2004 when he founded an advisory dedicated to finding high-potential investment opportunities in oil, natural gas, uranium and renewables globally. […]
Continue readingThe recent rise in cyber attacks against organizations and individuals alike requires us to focus on a whole new form of financial exploitation—exploitation through the internet. Research indicates that the financial cost of cyber crime will exceed $6 trillion by 2021, doubling from $3 trillion in 2015. Cyber security and privacy breaches have now come […]
Continue reading“Inflation” occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the auto maker, although they usually get blamed. On the contrary, by producing real wealth, they fight […]
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