LATEST NEWS : MegaFon Shifts Cash to Hong Kong Dollars on Sanction Risk

OAO MegaFon (MFON), billionaire Alisher Usmanov’s wireless operator, said it has been shifting cash holdings into Hong Kong dollars, a move people say metals producer OAO GMKNorilsk Nickel (GMKN) is also undertaking, as the U.S. and Europe ratchet up sanctions against Russia. MegaFon decided to keep about 40 percent of its cash in Hong Kong dollars given the global […]

Continue reading

LATEST NEWS : Russia may restrict trans-Siberian flights for EU airlines: newspaper

– Russia may restrict or ban European airlines from flying over Siberia on busy Asian routes, a newspaper reported on Tuesday, following Western sanctions which have grounded one Russian carrier and a billionaire’s private jet. continue reading at reuters.com

Continue reading

LATEST NEWS: Yes, the U.S. Really Will Defend Japan

Professor Paul Sracic suggests in his July 26 essay “Will the U.S. Really Defend Japan?” on The Diplomatthat President Barack Obama is likely to consult Congress if and when he is forced to decide whether to come to the assistance of Japan, in case of a military conflict with China over the disputed Senkaku/Diaoyu Islands, and that […]

Continue reading

LATEST NEWS : Portugal ready to bail out crisis-hit bank BES

LISBON: Portugal is ready to bail out the BancoEspiritoSanto (BES) to prevent a catastrophic run on its banks that could plunge its fragile economy further into crisis. The recapitalisation plan could be announced as early as Sunday evening after trading in the country’s biggest private bank was suspended by the Lisbon stock exchange on Friday after […]

Continue reading

LATEST NEWS : The Single Most Important Strategy Most Investors Ignore

“If I scare you this morning, and as a result you take action, then I will have accomplished my goal.” That’s what I told the audience at the Sprott Natural Resource Symposium in Vancouver two weeks ago. But the reality is that I didn’t need to try to scare anyone. The evidence is overwhelming and has already […]

Continue reading

LATEST NEWS : Gold ETF buying strongest since November 2012

A drop below the psychologically important $1,300 an ounce level at the end of the month did not deter precious metals investors from pouring money into the sector during July. Exchange traded funds backed by physical gold saw modest net inflows last week of 4 tonnes to reach a total of 1,743.7 tonnes. July recorded […]

Continue reading

LATEST NEWS : Big Banks Still a Risk

Big bankers are usually good at arithmetic. But when it comes to assessing the benefits of their too-big-to-fail status, their calculators tend to go haywire. And yet, taxpayers have a right to know exactly how much their implied guarantees are worth to these huge and politically powerful institutions. So it is unfortunate that the new […]

Continue reading

Episode 002: What The Journey To Successful Investing Looks Like

Listening Options: iTunes – Click Here Non-iTunes Public Feed – http://goldforlife.libsyn.com/rss Download To Computer: Click Here or stream directly below: Please leave any questions/comments in the discussion area below…

Continue reading

How To Make The New UK Pension Rules Work For You

As most of you know I hardly ever send you media sources that are part of the “Investment Entertainment” industry. However, I haven’t seen a more comprehensive or simple review of the UK pension changes than this review and I know many people who follow me in the UK have a pension you’re dealing with… […]

Continue reading

Episode 001: What Is A Strategic Lifestyle Investor & Who Is Minesh Bhindi?

Listening Options: iTunes – Coming Soon Non-iTunes Public Feed – http://goldforlife.libsyn.com/rss Download To Computer: Click Here or stream directly below: This is the launch of our new Gold For Life Podcast “Conversations on Investing” I’ll be releasing these regularly and will keep you up to date by email when the next episodes are out… Enjoy Minesh […]

Continue reading