Adam Taggart
Off the Cuff: Death and Taxes
PREVIEW
"I always tell people when they look at their bank account, they think they have got maybe $50,000 in the bank. It says $50,000 CR. Credit.
You are a creditor. It is the bank’s property, that $50,000. And they recognize in that document that they owe it to you.
So, you have to watch out for that word 'creditor'. When you see CR, you are on the balance sheet. You are at risk."
So says Paul Tustain, founder of BullionVault and advocate for minimizing counterparty risk in a world of rehypothecation and 100-to-1 leveraged paper markets.
Paul Tustain: Be Wary of Balance Sheet Risk
"I always tell people when they look at their bank account, they think they have got maybe $50,000 in the bank. It says $50,000 CR. Credit.
You are a creditor. It is the bank’s property, that $50,000. And they recognize in that document that they owe it to you.
So, you have to watch out for that word 'creditor'. When you see CR, you are on the balance sheet. You are at risk."
So says Paul Tustain, founder of BullionVault and advocate for minimizing counterparty risk in a world of rehypothecation and 100-to-1 leveraged paper markets.
Nearly every week, PeakProsperity.com enrolled members enjoy a fresh podcast of "Off The Cuff," an informal discussion on the markets between Chris and Mike "Mish" Shedlock, publisher of the extremely popular economic blog Mish's Global Economic Trend Analysis.
We're making this week's Off the Cuff podcast available to the public-at-large to build awareness for an important cause that Mish is championing. Earlier this week, he shared with readers that his wife Joanne suffers from ALS, better known as Lou Gehrig's Disease.
After several years of juggling an intense publishing schedule (describing Mish as 'prolific' is a gross understatement) while caring for his wife on his own, he's created an online raffle as a means to raise funds for important ALS research, patient care, and education. We support his efforts and wish Mish and Joanne all the best.
Click here to learn more about the raffle.
In this week's Off the Cuff, Chris and Mish look at the impact of the recently-released Fed minutes and the worsening situation in Europe (no, the problems there haven't gone away).
Off the Cuff with Mike “Mish” Shedlock
Nearly every week, PeakProsperity.com enrolled members enjoy a fresh podcast of "Off The Cuff," an informal discussion on the markets between Chris and Mike "Mish" Shedlock, publisher of the extremely popular economic blog Mish's Global Economic Trend Analysis.
We're making this week's Off the Cuff podcast available to the public-at-large to build awareness for an important cause that Mish is championing. Earlier this week, he shared with readers that his wife Joanne suffers from ALS, better known as Lou Gehrig's Disease.
After several years of juggling an intense publishing schedule (describing Mish as 'prolific' is a gross understatement) while caring for his wife on his own, he's created an online raffle as a means to raise funds for important ALS research, patient care, and education. We support his efforts and wish Mish and Joanne all the best.
Click here to learn more about the raffle.
In this week's Off the Cuff, Chris and Mish look at the impact of the recently-released Fed minutes and the worsening situation in Europe (no, the problems there haven't gone away).
Chris and I finally had the chance today to record the next installment of our Q&A podcast series in which he addresses questions submitted by CM.com readers.
As with the first one, we received so many good questions that we didn’t have enough time to cover them all. But we made a pretty sizable dent.
This week’s questions covered topics ranging from an update on where Chris thinks we are on the (hyper)inflation timeline, to the risks of gold ownership, to the importance of developing a grounding sense of ‘purpose’ as we enter a new era certain to be unlike the past several decades.
Gretchen Morgenson
Chris and I finally had the chance today to record the next installment of our Q&A podcast series in which he addresses questions submitted by CM.com readers.
As with the first one, we received so many good questions that we didn’t have enough time to cover them all. But we made a pretty sizable dent.
This week’s questions covered topics ranging from an update on where Chris thinks we are on the (hyper)inflation timeline, to the risks of gold ownership, to the importance of developing a grounding sense of ‘purpose’ as we enter a new era certain to be unlike the past several decades.
Bernanke vs. Gold
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the first one
, we received so many good questions that we didn't have enough time to cover them all. But we made a pretty sizable dent.
This week's questions covered topics ranging from an update on where Chris thinks we are on the (hyper)inflation timeline, to the risks of gold ownership, to the importance of developing a grounding sense of 'purpose' as we enter a new era certain to be unlike the past several decades.
Chris Answers Your Questions (Part 2)
![src=]()
the first one
, we received so many good questions that we didn't have enough time to cover them all. But we made a pretty sizable dent.
This week's questions covered topics ranging from an update on where Chris thinks we are on the (hyper)inflation timeline, to the risks of gold ownership, to the importance of developing a grounding sense of 'purpose' as we enter a new era certain to be unlike the past several decades.
Total 1189 items
by blaggers