Podcast
by
Adam Taggart
by
Chris Martenson
Fresh from releasing his exhaustive 340-page annual report titled In Gold We Trust, Ronald Stoerferle joins us to summarize his forecast for the yellow metal.
Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concludes that gold is poised to move explosively higher. He sees a new bull market beginning for the precious metal — one likely to quickly build momentum as the impending recession arrives and the world’s central banks revert to extreme easing policy measures.
Ronni Stoeferle: In Gold We Trust
by Chris MartensonFresh from releasing his exhaustive 340-page annual report titled In Gold We Trust, Ronald Stoerferle joins us to summarize his forecast for the yellow metal.
Stoerferle, an author of several books on Austrian economics and head of strategy and portfolio management at Incrementum AG, concludes that gold is poised to move explosively higher. He sees a new bull market beginning for the precious metal — one likely to quickly build momentum as the impending recession arrives and the world’s central banks revert to extreme easing policy measures.
by
Chris Martenson
Executive Summary
- The recent tanker attacks in the Gulf of Oman are both odd and murky
- Assessing what happens next in and around the Strait of Hormuz
- Recession watch! Many more signs of weakening with which to contend
- When the black swan(s) arrive the bubble(s) will burst
- Getting the timing right is going to be tricky, of course
If you have not yet read Part 1: Waiting For The Black Swan, available free to all readers, please click here to read it first.
There are a huge number of warning signs that a recession is imminent, if not already here, and the price of oil is one of them (more on the others later).
Right now, with oil inventories climbing despite relatively low global oil output, oil is saying “economic weakness is here.”
Perhaps the biggest “sour note” in the ongoing stock bull parade is the dramatic inversion of the yield curve, which means shorter maturity government paper is yielding more than longer maturity paper.
For example, you can get a higher yield on 3-month paper than 5-year paper. This key indicator has now been inverted for a full quarter, an historically accurate indicator of recession.
Another is the difference between 6-month and 3-month T-bills. Again, outside of a recession, we’ve never seen a reading as low as it is right now.
The reason I track the possibility of a recession so closely is because I don’t think that the vast majority of people will be ready to consider alternatives to the status quo as long as everything ‘seems fine.’ Despite a worsening trade war, despite weakening global trade, despite the many geopolitical risks, US and other equity markets continue to rise and seem impervious to any and all bad news.
Which is why I don’t think this bubble ends with mom and pop retail investors catching on and ducking out. It will ends when…
What Happens When War Meets Recession?
PREVIEW by Chris MartensonExecutive Summary
- The recent tanker attacks in the Gulf of Oman are both odd and murky
- Assessing what happens next in and around the Strait of Hormuz
- Recession watch! Many more signs of weakening with which to contend
- When the black swan(s) arrive the bubble(s) will burst
- Getting the timing right is going to be tricky, of course
If you have not yet read Part 1: Waiting For The Black Swan, available free to all readers, please click here to read it first.
There are a huge number of warning signs that a recession is imminent, if not already here, and the price of oil is one of them (more on the others later).
Right now, with oil inventories climbing despite relatively low global oil output, oil is saying “economic weakness is here.”
Perhaps the biggest “sour note” in the ongoing stock bull parade is the dramatic inversion of the yield curve, which means shorter maturity government paper is yielding more than longer maturity paper.
For example, you can get a higher yield on 3-month paper than 5-year paper. This key indicator has now been inverted for a full quarter, an historically accurate indicator of recession.
Another is the difference between 6-month and 3-month T-bills. Again, outside of a recession, we’ve never seen a reading as low as it is right now.
The reason I track the possibility of a recession so closely is because I don’t think that the vast majority of people will be ready to consider alternatives to the status quo as long as everything ‘seems fine.’ Despite a worsening trade war, despite weakening global trade, despite the many geopolitical risks, US and other equity markets continue to rise and seem impervious to any and all bad news.
Which is why I don’t think this bubble ends with mom and pop retail investors catching on and ducking out. It will ends when…
by
Adam Taggart
Executive Summary
- The nuts and bolts of expatriation, including the legal process of expatriation
- The tax consequences of expatriation
- The immigration consequences of expatriation
- The pros and cons of U.S. investments once you expatriate
- The tax consequences should you choose to spend more than a few months each year in the United States after expatriation
If you have not yet read Part 1: A Primer For Those Considering Expatriation, available free to all readers, please click here to read it first.
Expatriation: The Basics
Once you’ve obtained a second passport and qualified for residence in another country, you can begin the legal process of expatriation.
To do so, you must make an appointment with a U.S. consulate. You generally cannot expatriate within the territorial boundaries of the United States. The consular officer will explain the consequences of expatriation and have you sign some forms.
Two or more appointments may be necessary to complete the process. At the end of whatever sequence of visits applies at the consulate you choose, you’ll then hand in your U.S. passport. Anywhere from several weeks to several months later, you’ll receive an official document called a “Certificate of Loss of Nationality” (CLN). With the receipt of this document, you will have officially relinquished your U.S. nationality.
Income Tax Consequences of Expatriation
Once you give up your U.S. citizenship and passport, you have no further obligation to pay U.S. tax on your worldwide income. However, U.S. law imposes an…
Important Consequences Of Expatriation
PREVIEW by Adam TaggartExecutive Summary
- The nuts and bolts of expatriation, including the legal process of expatriation
- The tax consequences of expatriation
- The immigration consequences of expatriation
- The pros and cons of U.S. investments once you expatriate
- The tax consequences should you choose to spend more than a few months each year in the United States after expatriation
If you have not yet read Part 1: A Primer For Those Considering Expatriation, available free to all readers, please click here to read it first.
Expatriation: The Basics
Once you’ve obtained a second passport and qualified for residence in another country, you can begin the legal process of expatriation.
To do so, you must make an appointment with a U.S. consulate. You generally cannot expatriate within the territorial boundaries of the United States. The consular officer will explain the consequences of expatriation and have you sign some forms.
Two or more appointments may be necessary to complete the process. At the end of whatever sequence of visits applies at the consulate you choose, you’ll then hand in your U.S. passport. Anywhere from several weeks to several months later, you’ll receive an official document called a “Certificate of Loss of Nationality” (CLN). With the receipt of this document, you will have officially relinquished your U.S. nationality.
Income Tax Consequences of Expatriation
Once you give up your U.S. citizenship and passport, you have no further obligation to pay U.S. tax on your worldwide income. However, U.S. law imposes an…
by
Adam Taggart
Total 6463 items
