8 July, 2017 by The TZ Newswire Staff Comments Off on New York Mayor Defends Decision To Attend Hamburg G-20 Protest
New York Mayor Defends Decision To Attend Hamburg G-20 Protest
After facing a backlash for his decision to travel to Hamburg, Germany and speak at an anti-capitalist, protester-organized gathering on Friday outside the G-20 conference, NYC Mayor Bill de Blasio, who’s facing re-election this year, defended his decision, arguing that it’s up to local officials like himself to speak up on issues like climate change now that President Donald Trump has taken the US out of the Paris Accord, Bloomberg reports.
8 July, 2017 by The TZ Newswire Staff Comments Off on 3 Dumb Roth IRA Moves
3 Dumb Roth IRA Moves
There’s no other retirement account quite like the Roth IRA. With the opportunity to earn tax-free income on your investments for your entire career, no other tax break comes close to the potential savings that the Roth IRA delivers. If you want to use Roth IRAs effectively, you have to know how they work and what pitfalls you can inadvertently fall into along the way.
8 July, 2017 by The TZ Newswire Staff Comments Off on The Hidden State Of Money: Bonds, Bias, & Bullshit
The Hidden State Of Money: Bonds, Bias, & Bullshit
8 July, 2017 by The TZ Newswire Staff Comments Off on BofA Stunned By Drop In Gasoline Demand: "Where Is Driving Season?"
BofA Stunned By Drop In Gasoline Demand: "Where Is Driving Season?"
Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC producers to US shale (a hope which is now gone as the just disclosed letter from Andy Hall demonstrates), Goldman noticed something troubling: an unprecedented collapse in gasoline demand.
8 July, 2017 by The TZ Newswire Staff Comments Off on Who Knew? German Central Bank Has Been Selling Gold For More Than A Decade
Who Knew? German Central Bank Has Been Selling Gold For More Than A Decade
Authored by Louis Cammarosano via Smaulgld.com,
Deutsche Bundesbank gold reserves shrink 45 tons over the past ten years.
- German Central Bank holdings fall From 3,420.6 tons at the end of Q2 2007 to 3375.6 tons, a drop of 1,446,783 ounces.
- German gold reserves have decreased 1.3% over ten years.
8 July, 2017 by The TZ Newswire Staff Comments Off on UK Angel Investment Awards: Powervault Wins Best Angel Crowdfunding Investment, Digital Fineprint Wins Best Fintech Investment
UK Angel Investment Awards: Powervault Wins Best Angel Crowdfunding Investment, Digital Fineprint Wins Best Fintech Investment
This past Thursday at the Dorchester Hotel in London, the UK Business Angels Association’s (UKBAA) annual UK Angel Investment Awards took place. Fourteen awards were presented by Emma Sinclair MBE, the youngest person in the UK to have created a public company. Jenny Tooth OBE,… Read More
8 July, 2017 by The TZ Newswire Staff Comments Off on "When The Facts Change"- Oil’s Biggest Cheerleader Capitulates: Andy Hall’s Full Bearish Letter
"When The Facts Change"- Oil’s Biggest Cheerleader Capitulates: Andy Hall’s Full Bearish Letter
After years of being oil’s biggest cheerleader, “oil god” Andy Hall, who starting with the OPEC Thanksgiving massacre in 2014 has had several abysmal years, in the process losing the bulk of his AUM, finally threw in the towel last week when in a July 3 letter to investors, he admitted that “the facts have changed” and that “fundamentals have deteriorated significantly” adding that “demand growth seems to be somewhat less than anticipated while supply ke