14 January, 2016 by The TZ Newswire Staff Comments Off on Ron Paul Warns: "Watch The Petrodollar"
Ron Paul Warns: "Watch The Petrodollar"
Submitted by Nick Giambruno via InternationalMan.com,
The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better. – Ron Paul
14 January, 2016 by The TZ Newswire Staff Comments Off on The Tax Consequences of Reinvesting Stock Capital Gains
The Tax Consequences of Reinvesting Stock Capital Gains
Taking sales proceeds and buying new stock typically doesn’t save you from taxes.
14 January, 2016 by The TZ Newswire Staff Comments Off on China data out now – December new yuan loans 597.8bn (vs. 700bn expected)
China data out now – December new yuan loans 597.8bn (vs. 700bn expected)
December new yuan loans 597.8bn
– expected 700.0bn, prior was 708.9bn (CNY amounts)
Aggregate financing, 1820bn, a big beat on expected and that should be a positive for China markets
14 January, 2016 by The TZ Newswire Staff Comments Off on SpaceX Gets Another Vote of Confidence From NASA
SpaceX Gets Another Vote of Confidence From NASA
After landing a rocket on land in December, and just a few days before it attempts to land a rocket at sea, SpaceX gets another thumbs up from NASA for the next ISS resupply program.
14 January, 2016 by The TZ Newswire Staff Comments Off on Alberta Freezes Government Salaries As Canada’s Oil Patch Enters Second Year Of Recession
Alberta Freezes Government Salaries As Canada’s Oil Patch Enters Second Year Of Recession
On Wednesday, we documented the astonishing prices beleaguered Canadians are now forced to pay for groceries thanks to the plunging loonie.
Oil’s inexorable decline has the Canadian dollar in a veritable tailspin and because Canada imports the vast majority of its fresh food, prices on everything from cucumbers to cauliflower are on the rise, tightening the screws an already weary shoppers.
14 January, 2016 by The TZ Newswire Staff Comments Off on Shanghai Composite Opens Under 3,000 As Onshore Yuan Practically Unchanged For Fourth Day
Shanghai Composite Opens Under 3,000 As Onshore Yuan Practically Unchanged For Fourth Day
Having made its warning to the Fed loud and clear (“if you hike or otherwise push the USD any higher, we will crush your markets by devaluing the Yuan against everyone but mostly the USD“), the PBOC continued the fragile ceasefire between the world’s two most powerful central banks, when moments ago it kept the onshore Yuan virtually unchanged, by weakening today’s fixing by 0.03% to 6.5637. However, as can be seen on the chart below, this has barely even registered.