Asset and Wealth Protection
The Internal Revenue Service has said it is expanding its audit efforts among rich individuals and companies with foreign operations in an effort to enhance its enforcement.
Pro-gun advocates have praised the law signed by President Obama last Friday that includes a clause which allows guns to be carried in national parks.
The Fed’s decision in late March to dive into quantitative easing was a watershed event in the gold market. It meant a tidal wave of newly created money was headed our way. Read this article to learn how the actions of the Fed and the IMF are affecting gold…
Despite the recent stock market rally and a better-than-expected job market report, the National Inflation Association (NIA) has continued to warn of the dangers of impending inflation.
The stock market lost more than half its value in 20 months. While the specter of inflation hovers over the market as the Federal Reserve prints money to pay for the bailouts, gold and silver are hedges against inflation and some are predicting a big increase in gold prices soon. This article explains how to buy gold and silver…
What a difference a year can make. Last year at this time, investors at the various financial conferences I attend were feeling pretty good. Oh, there were a few storm clouds on the horizon. No one was singing “Happy days are here again.” But an air of quiet contentment seemed to prevail.
Bermuda has held a conference on wealth and asset protection, in particular in offshore jurisdictions. However, the event coincided with a new U.S. government warning against banks assisting tax evasion.
Bank of New York Mellon Asset Management has reported the funding status of U.S. pension plans improved by 3.9 percentage points last month.
Congress is concerned that Americans’ retirement funds have dropped by 40 percent to 60 percent during the economic meltdown and they are looking for ways to help. One way being considered is to confiscate your IRA or 401(k) and put it into a government-run account. Read further to find out what this means…
As the recession continues, it may be useful to review a few steps that may help protect individuals’ financial assets during this difficult time.