The big money appears to be in liquidation mode in an attempt to have some dry powder to be prepared for what next week brings. Oil's decline was minimal but damage has been done as prices closed below the 40 day MA. We anticipate a trade back to $94 in September and would be on the sidelines or short not long. Natural gas has lost 8% in the last two weeks closing lower nine out of the last ten sessions. Longs are on our radar but we've yet to make a move although the closer we get to $4 the more interest we have.
Stocks are slightly lower giving back gains from early dealings. We expect to see more an additional 2-3% depreciation in the immediate future. December gold traded below the 9 day MA but did manage a close just above that level; at $1607. Consider yourself warned we expect a $50 drop in the next few sessions. September silver is $1.70 off its highs from yesterday but we think you could see another $1.50-2.00 into next week. The 20 day MA seems like a reasonable target; at $38.05. Day two of the dead cat bounce in the dollar as we expect this to continue into next week...trade accordingly. The Loonie broke the trend line that has supported price action for the last four weeks. We are suggesting bearish exposure looking for an additional 1-1.50 cent break in September futures.
Sugar gave up nearly 4% today as October may finally be breaking. A 38.2% Fibonacci retracement on the move since May is a trade to 27.25 while a 50% move would drag prices back to 26 cents. We would be ok remaining long cotton as long as 99 cents holds in the December contract on a closing basis. OJ traded to a new contract high today...we're suggesting fading this rally with November options. All agriculture products were lower in today's session but we would like a bigger break next week before positioning clients long ahead of the August USDA report. This will likely be in corn and soybeans but stay tuned for specifics. If October live cattle can get above 116.50 tomorrow we will hold our clients long options into next week as a trade to the 20 day MA at 117.70 may be attainable...stay tuned.
Risk disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.
According to many industry professionals in the Middle East, the Dubai Property market is finally on the road to recovery. This has certainly been helped by the huge increase in demand from international buyers, many from the UK and the rest of Europe that are looking for a cheap investment property with good rental yields. Many Middle Eastern buyers have put a lot of interest in the higher end properties such as the Burj Khalifa and the Old Town Dubai.
Property World Dubai is adamant that the Dubai property market is close to the bottom of the down turn. Now the big question for so long time has been - how far can it go down? The answer is simple. It depends on who you talk to about it. Many brokers and landlords in Dubai still have properties advertised at old prices. So, if you have two identical properties available on the same floor in the same building, one is priced at 500,000 dirham the other is priced at 650,000 dirham, is the market going to continue to come down for the later owner? Yes it is.
Properties in Dubai are selling like hot cakes according to Peter Twist of Property World Dubai. "As long as the property is priced correctly, it will sell. There is no shortage of buyers in the Dubai market at this time, many of our buyers are from the UK or at least have been resident in the UK for some years".
Many owners of Dubai Property have seen huge drops in the prices since the crash; some report up to 60%. Buyer interest has been weak for the last 2 years however, due to a very stable market for the last 6 months; it seems buyers feel more confident in the Dubai property market once again.
Property World Dubai has seen an increase in the rental market, especially Jumeirah Lake Towers and Dubai Marina as these areas have now become more affordable to the majority. There has also been an increase in the higher end properties as more companies have relocated their offices to different areas in Dubai to capitalise on the low commercial rental prices.
Many relocation companies are reporting that they have a very big demand from high end corporate clients that are relocating from huge companies currently based in the likes of Singapore and Hong Kong.
The upturn in the market will surely be welcomed by the Dubai Government who has recently announced that they will once again be providing resident visas for investors in Dubai. This news will have a huge impact on the Dubai property market. The issuing of the Dubai residency visas will be finalised over the forthcoming months.
About the Author
United States citizens can utilize offshore trusts and banks, because each citizen must report foreign income. Taxable foreign income includes interest, dividends, and capital gains earned or accrued offshore and domestically. The U.S. government allows its citizens to transfer funds to offshore accounts, but it requires full disclosure of the type of asset and how much a citizen is transferring offshore. The U.S. also employs special task forces and government agencies that are committed to preventing money laundering and tax evasion. The government makes it clear that U.S. citizens must comply with all taxation and reporting requirements.
Common Myth
There are many companies that claim to be able to offer offshore solutions to U.S. citizens, but this claim is not true. The U.S. taxes foreign income. Therefore, it is unlikely that the service a company advertises applies to a U.S. citizen. Even worse, the company contributes to the U.S. citizen breaking their home country's law.
Benefits
Offshore trusts offer an individual a fair degree of personal confidentiality, financial privacy, and asset protection from lawsuits and creditor claims. Some claims may be due to a spouse filing a divorce suit or a business client attaching a lien against real property.
When properly structured, offshore asset protection trusts offer degrees of financial protection from current and potential claims. There are additional benefits to U.S. citizens forming an offshore asset protection trust. The following represent some common benefits:
Personal Protection: Customers can use any form of asset protection trust, whether employed domestically or abroad, to protect their assets from personal and/or professional litigation. They may also use a trust to protect assets from creditor liens.
Home-Country Advantage: A U.S. citizen can use an offshore trust to protect their assets whether they form the trust in their home country or offshore. The added benefit is that the trust can remain with the individual in the U.S. In other words, the assets of an offshore trust usually remain under the indirect control of the settler.
Fixed Term: Offshore trusts are usually "irrevocable" for a set term. During that period, the settler can not be a direct beneficiary of the trust.
These are just three of the most common benefits to forming an offshore trust.
Tips to Remember
Many U.S. experts on this topic advocate structuring foreign trusts, so the trust can be taxed domestically as a grantor trust.
When a legal expert structures an offshore trust correctly, creditors, or anyone suing the settler, will be powerless to attach a claim to the assets of the trust.
If a legal expert has structured the offshore asset protection trust to end by a certain period the assets can be returned to the control and direct ownership of the settler. This can only happen provided there is no current or ongoing threat.
When it comes to employing offshore solutions, such as an offshore trust, there are many opportunities for U.S. citizens to benefit from asset protection planning.
Harbor Financial Services (HFS)
Harbor Financial Services is a professional company that provides offshore financial advice and investment services to its clients. HFS recommends offshore products and services to suit any personal and/or business need. The company has helped clients find solutions to meet their long-term financial needs. HFS has the experience and the expertise to create the best offshore package for you. Visit hfsoffshore.com for more information about the company's products and services.
The offshore world is the perfect environment for protecting hard-earned assets and obtaining financial privacy. HFS has helped people from around the world safeguard their money and regain financial privacy in their personal and business affairs. Our mission is to make "going offshore" simple, convenient, understandable and affordable.
Disclaimer: Many countries have laws regarding offshore entities and accounts. For example, citizens that form offshore entities, (for example an offshore corporation, offshore trust, offshore partnership, offshore limited liability company, etc.) own stock in offshore entities or hold positions within offshore entities may need to file a tax return. Citizens that form an offshore trust, move assets into an offshore trust or are the beneficiary of an offshore trust may need to file a tax return. Citizens that sign on offshore bank accounts or offshore investment accounts may need to disclose this fact to their government and pay taxes on any interest or capital gains. We strongly recommend consulting with a local, licensed professional to obtain tax and legal advice in order to understand the law and to fully comply with all applicable laws and reporting requirements regarding offshore companies, offshore trusts, offshore bank accounts and offshore investments.
This week's Gold market covered a $29.60 range while notching another All-time high as the August futures contract traded as high as $1610.70 on July 19th and as low as $1581.10 just one session later. These markets have been economic data driven and since the data that is being released apparently changes seemingly minute to minute it has been very difficult this week to decipher. This week we have learned that the situation in Greece is a long way from being over despite their receiving bailout monies from the IMF and European Union jointly.
The Euro Union's debt crisis appears to spreading and therefore adding to the fragility of the region. Here in the United States it has become a reality that U.S Legislators are going to wait until the August 2nd deadline and continue to hold world markets hostage. Also today " a bomb explode rocking downtown Oslo, Norway killing at least two and injuring several others and causing wide spread damage in Norway's government center' according to news reports. Anytime there is a n act of war or terrorist act it normally is very "bullish Gold"..as it sends investors into "safe haven " alternative investments.
Standard and Poor's reported that the ODDS of the United States having their Credit Rating LOWERED to AA were 50/50 ! After a meeting involving FOMC Chairman Ben Bernanke, Secretary of the Treasury Timothy Geithner, and New York FED Boss William Dudley today they expressed confidence that congress will raise the debt ceiling......Stay tuned....
Noteworthy Events This Week :
Thursday: Initial Jobless Claims were 418,00 more than the expected 410,000.
Wednesday: Reports from Greece
By Angela Cullen
July 19 (Bloomberg) -- German Free Democratic Party lawmaker Frank Schaeffler said Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble should make the case for a temporary exit of Greece from the euro zone, Handelsblatt reported, citing an interview. Schaeffler, criticizing the German government's handling of the Greek crisis, said Greece should be given the option of temporarily leaving monetary union as this is the only "sensible way" to make the southern European country's economy competitive again, according to the German newspaper.
The European Union is much more fragile than anyone thought!
Tuesday : President Obama indicated that the United States Lawmakers may be getting closer to raising the debt ceiling. This "Bearish" Gold news forced traders to liquidate and take profits resulting in a new daily low of $1585.20 as of this posting. The august Gold literally dropped $15 in a matter of minutes. There has been so much bad news data for the past few weeks proving that any ray of sunshine can force the Gold to retreat.
We have rallied over $132.40 (top - bottom) in 18 days
Monday : Silver, once left for dead a few months ago is regaining momentum and settled over $40,00 per ounce for the first time since May 3rd. As the September futures contract settled at $40.34.
Silver traded as high as $40.88 this week!
MY SWING NUMBERS 7/25
AUGUST GOLD
RESISTANCE # 2.....................$1621.00
RESISTANCE # 1.....................$1611.00
PIVOT.....................................$1597.00
SUPPORT # 1.........................$1587.00
SUPPORT # 2.........................$1573.00
SEPTEMBER SILVER
RESISTANCE # 2.....................$41.19
RESISTANCE # 1.....................$40.66
PIVOT.....................................$39.76
SUPPORT # 1.........................$39.22
SUPPORT # 2.........................$38.33
There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.
THE Isle of Man will be promoted as an international business centre at an event in Shanghai in October.
Representatives from The ILS Group, Department of Economic Development and Capital International will attend the China Offshore Summit event on October 26 and 27.
They will take part in a half day seminar event called The International Tool Kit: Achieve your wealth management goals through international offshore structures and investments.
The seminar will address the benefits of using a global fiduciary services provider, effective investment management, offshore fund structures and will use Isle of Man case studies and solutions to show individuals how to achieve their wealth management goals.
Chris Eaton, ILS Group Chief Executive, said: "This is a significant opportunity for The ILS Group. We are looking forward to our involvement at such a high profile event and to joining forces with the Isle of Man Government and Capital International to showcase the Isle of Man and ILS's comprehensive range of global fiduciary services.
"We will have a dedicated audience of 250 business leaders from around the globe and will certainly ensure they take the Manx message home with them."
Matthew Sumner, China offshore director for The ILS Group, said: "The China Offshore Summit has been designed to explain to China's top financial intermediaries how they can benefit from the unique asset management and corporate product offerings available in the world's international offshore financial centres.
"The Isle of Man is an established platform where business success and prosperity are commonplace and we are delighted The ILS Group, Department of Economic Development and Capital International will be promoting the Island's unique offering to our Chinese delegates."
More than 250 Chinese professionals, entrepreneurs and financial intermediaries will attend the China Offshore Summit which will include presentations, workshops and panel discussions which will address issues in China's outbound offshore investments.
The ILS Group and the Department of Economic Development will also exhibit at the Society of Trust and Estate Practitioners (STEP) Asia conference in Singapore on November 1 and 2.
The Hong Kong Mercantile Exchange ("HKMEx"), China's international commodity marketplace, announced Monday the launch of a US-dollar silver futures contract to begin trading on 22 July, 2011, following the successful introduction of its gold futures two months ago.
The new contract, launched on the back of surging global demand for silver, will trade in units of 1,000 troy ounces and be delivered in Hong Kong. Trading will last for 15 hours every day, Monday to Friday, beginning at 8am and ending at 11pm Hong Kong time, with a 30-minute pre-opening auction starting at 7:30am. Clearing and settlement of contracts will be conducted through the independent clearing house LCH.Clearnet.
Between 2008 and 2010, demand for silver rose 67% in China and 17% globally to reach 7,495 tons and 32,870 tons respectively, according to market data compiled by HKMEx. China alone,accounted for nearly 23% of the world's silver consumption last year, reflecting its importance as a global manufacturing powerhouse.
"The new contract will enable buyers and sellers in China to trade effectively with their counterparts across the world, while at the same time, allowing investors to gain exposure to silver price movements and broaden their investment portfolio," said HKMEx president Albert Helmig.
"We are fully aware of the vast potential of precious metals both as a hedge against inflation and as an investment diversification tool and will continue to expand our product suite in this area" added Mr Helmig.
HKMEx's first product, a 32 troy ounces gold futures contract with physical delivery in Hong Kong, traded in June a total of 48,321 contracts with a daily average volume of 2,297 contracts. Trading volume has increased in the 11 trading days in July to a daily average of 3,280 contracts.
The Exchange's current membership represents 20 of the most well established financial institutions and futures brokerages in the region and globally,including the most recently added Jinrui Futures (Hong Kong) Limited and Wing Fung Futures Limited. Contracts for the new silver futures will be for the current calendar month, the next two consecutive months and any months of January, March, May, July, September and December falling within a succeeding 12-month period.
Full real-time trading statistics on the new contract will be accessible through the Bloomberg and Thomson Reuters information services by typing IXSA CT and 0#HKS:respectively.
As of this post September Crude is lower by 1.4% but prices did hold above the 9 day MA. $94.50 in this contract will need to hold on a closing basis for me to maintain my bullishness. Natural gas has appreciated nearly 13% in the last two weeks and at this juncture we are advising the sidelines anticipating re-establishing longs from lower levels for clients. Equities broke down today trading to a three week low as bearish momentum is gaining. A close at current levels; in the S&P below 1305 and below 12300 in the Dow we would become a seller on rallies with aggressive clients. Continue to use the 50 day/100 day MA's as your pivot points.
Nothing to me screams buy or sell but those looking for a trade could fade rallies in the commodity currencies; Kiwi, Aussie and Loonie. Gold hit another record high today settling above $1600/ounce gainign8% in the last two weeks. We are bullish in the intermediate time frame but we expect a correction in the immediate future of $30-40...trade accordingly. Silver appreciated 3.5% today lifting prices to three month highs. Like gold we are bullish but are expecting a correction in the immediate future. A 20% appreciation in two weeks in our opinion seems a bit much. We would be looking to buy a break back under $38/ounce in the September contract.
The entire live stock complex was hit today with lean hogs lower by 1.23%, feeder cattle by nearly 1% and live cattle by 0.90%. Perhaps the biggest news was not the movement but the lack of as pork bellies were de-listed from the CME. The near 5% dip in live cattle has us interested in probing longs for aggressive clients very soon...stay tuned. Sugar remains a sale as we expect prices to head south trading back near 25 cents/lb. Cotton and coffee continue lower as they have been two of the hardest hit commodities in recent weeks. Since the beginning of June cotton has lost 30% of its value and coffee from the beginning of May has lost 20%. Wait for a further correction in grains before buying wheat, corn or soybeans remains our suggestion.
Buyers were absent from Treasuries today and with some of the big players calling for higher yields which would equate to lower pricing. On a trade through the 20 day MA's we may be interested in bearish exposure with clients in 30-yr bonds or 10-yr notes...stay tuned.
Risk disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.
Commodity traders do not pick a side as markets can be traded from both sides when you have wild swings like we're currently experiencing. Inside day in Crude with August ending 1.7% higher just below the 40 day MA. We suggest long exposure with a target of $102/barrel in the coming weeks. Natural gas gained nearly 4% today trading higher for the last six sessions. Our target was obtained today so we advised clients to exit the trade booking profits. On a setback we will likely re-position long in October contracts.
Stocks will finish down on the week but the fact the 50 and 100 day MA's held to close out the week we may get a rally from here. Who knows certainly not me so we have no trade recommendations until we get either a bullish or bearish set up. The Loonie advanced to a three month high today...we used this as a selling opportunity for aggressive clients. We've placed various strategies for clients in both future and options for a possible break back near 1.0250/1.0200 in the coming weeks.
Gold finished near its highs but failed to make a new high gaining just shy of $5 today and $55 on the week. While $1600 is doable on this leg we feel a $30-40 correction is coming real soon...trade accordingly. On its highs September silver futures is bumping up against the 38.2% Fibonacci retracement line. A trade above $39.50 next stop should be $41.50 however my opinion for what its worth is a trade back near $37/ounce first...trade accordingly.
Clients are flat in cocoa taking a small loss on their longs today. We're operating under the influence sugar reached an interim top this week. Some clients are positioned in bearish plays in October and March contracts. We're anticipating a 7-10% correction from current levels. On a break lower in Ag in the next three weeks we will be a buyer ahead of the next USDA report. In a perfect world we would see at least a 30% correction of the most recent appreciation across this complex for an entry point...stay tuned.
Clients took off their August 30-yr bonds pits at cost this morning when the 20 day MA held. Stand clear of the long end but aggressive traders can fade rallies in the short end in long dated Euro- dollar futures or purchase at the money put options.
Risk disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.
In the first taxation amnesty, the customers of a handful of British banks who held accounts offshore were targeted, and now HMRC is attempting to clear up the sticky issue of taxation forgotten, avoided or evaded by all others who have the likes of bank or savings accounts offshore.
The bottom line is that it is not illegal to go offshore with your money even if you reside and pay tax onshore in the UK. What is illegal is failing to disclose this money to the taxman. However, the good news is that there will be no offshore bank account fines for the innocent. I.e., those who have genuinely been ill advised or made a mistake will not necessarily be fined by HMRC. Read on to learn more
In an interview with BBC Radio 4, HMRC permanent secretary for tax Dave Hartnett advised that there will be cases where innocent and genuine mistakes have been made by a taxpayer, and where exceptional circumstances will come in to play and in such situations, where people are innocent of deliberately avoiding tax, there will be no fines demanded.
So, if you have an offshore bank account and have failed to make known to the taxman that you have earnings from that account for example, is it because of a genuine error on your part? If so, ensure that you come 100% clean to the Treasury and explain the mitigating circumstances surrounding your tax calculation error.
An example of what an innocent mistake amounts to is where incorrect or misleading advice has been given by a financial professional and can be proven. And an example of a mitigating circumstance is where bereavement or serious illness has resulted in the individual in question failing to make clear on a tax return any offshore income generating assets. What does not constitute a mistake however is ignorance. I.e., you cannot claim that you did not know that you had an obligation to pay British tax on any money you had offshore as everyone who is a British domiciled resident tax payer should know that all income and assets are taxable under the British system no matter where in the world they are held.
So, if youre innocent of making a non-disclosure through a genuine mistake or an exceptional circumstance, or the tax you owe is less than 1,000 you will not face a fine by the taxman. Anyone else should take professional advice immediately about getting their affairs in order and correctly disclosed to the taxman by the March 2010 deadline.
About the Author:
Lee Byers provides high quality investment products and services that are tailor-made to meet our client's particular requirements. Our reputation has been built over the last nine years on solid values and investment expertise. Our experience and success has established us as one of the fastest growing investment brokerages in the world today. Further information about the Group is available on Lee Byers
The world economy is not doing so well as before. The bad economy has caused many entrepreneurs to enter into bankruptcy. No one will ever want to suffer from financial problem during the bad economy. If you dont want to suffer from this consequence, you need to take several steps as precautions. One way to protect your finances from the bad economy is to invest your money offshore by Company Incorporation or offshore bank.
Offshore financial institutions are located in countries with low tax jurisdictions. With low tax jurisdiction your money will be safe from high income tax. In addition the low tax jurisdiction will protect your money from various kinds of financial instability circumstances. The low overhead cost in offshore countries enables you to take advantage of high interest rates. You will have access to all the standard banking features just like the savings accounts that are offered by local financial institutions. Some of the standard banking features you can access include wire transfer, foreign exchange, fund management, and etc.
If you live in a country with poor financial stability, it is recommended that you dont save your money in a local bank. Instead, you should save the money in an offshore bank that is located in a country with stable financial situation. In this way, you wont have risk of losing your money during a political catastrophe. You should make the decision to save the money in an overseas account now as financial troubles can take place in your native country at anytime.
Offshore banking can minimize your tax liability. They will protect your financial information from all the third parties including government bodies, judge and etc. The secrecy law practiced by offshore banks prevents people from knowing that you have an offshore bank account. Since the nineties, many businessmen have invested their money in financial institutions offshore. This has become very popular because offshore banks offer packages with attractive benefits for everyone. You dont need to be extremely wealthy to open a bank account offshore.
Offshore banking has become more and more widespread because of the advertisement in the publications. Many offshore advisers are spreading information about benefits of offshore banking to the public. Hence, more and more people are investing in offshore banks. The Dominica is one of the offshore countries where large companies invest and transfer their assets to.
The bank secrecy legislation practiced in banks ensures that government officials cannot spy on your financial affairs unless they are requesting it due to a criminal offense. They will not be able to gain information about your assets. They cannot know where you hold a credit card from the offshore bank because your name wont appear in the transaction receipt. The interest is paid to your savings account in full without deducting from it any government tax. If you plan to move to another country, you should transfer the funds to an offshore bank before leaving. This step is recommended for people which live in countries with high risk of political and financial turmoils. It will prevent your assets from getting seized by the government officials.
In industrialized countries, the residents are often forced to pay high tax. The high income tax causes your revenue to be reduced significantly. If you dont want your money to be taxed, you can transfer them to an bank account offshore. Offshore banking is a legal practice. Many high tax administrations attempt to prevent people from banking offshore by introducing publicity criminal tax evasion campaign. If you are not familiar with offshore banking you will probably think that it is associated with money laundering criminality. Many journalists also help to spread negative information about this. Although there are many offshore money laundering cases, most of the businesses that operate offshore are legal.
Secrets of America's Ruling "Inflatocracy" Exposed - New Book: "The Inflation Deception" Offers Seven Ways to Restore Economic Stability
The "Inflatocracy" (government of, by and for inflation) and the huge welfare state it makes possible, have brought the United States and millions of Americans to the brink of bankruptcy. In the new book The Inflation Deception monetary expert Craig R. Smith and former think tank futurist and veteran investigative reporter Lowell Ponte team up again to track down how the Inflatocracy has taken over our government and explore seven ways We the People can take back our country.
American Exceptionalism is real. Scientists have found it in an unusual variant in the DNA of a disproportionate share of Americans. This self-selected "pioneering" and "entrepreneurial" DNA has helped make America "exceptional" in the world in both freedom and prosperity, according to The Inflation Deception: Seven Ways Government Tricks Us...And Seven Ways to Stop It!, a new book by businessman Craig R. Smith and futurist Lowell Ponte.
According to the authors, "Today America's economy seems trapped in a downward spiral of permanent high unemployment, sinking home prices, currency decline and near-zero economic growth."
"Worse yet, Americans now face a fast-approaching tidal wave of inflation that could sink our economy and the U.S. Dollar, and plunge our world into conflict and chaos."
Behind today's crisis is "the Inflatocracy, a new kind of government of, by and for inflation," that has staged a quiet coup d'etat and replaced the government of America's Founders," writes Smith, the founder and Chairman of Swiss America Trading Corporation.
What is it about Antigua that brings everyone there, searching for the ideal piece of property? For starters, the weather is close to perfect. The winters are nice and warm and remain in the mid-seventies. And although most people would assume that the summers are unbearable, it generally does not get any hotter than somewhere in the mid-eighties. This means that it is never too hot and it is never too cold which means that it is just about perfect all year round.
When most people think of Caribbean islands, they assume that there is a lot of rain. In Antigua, that could not be further from the truth as there is only about forty five inches of rainfall during an entire year. This means that your beautiful weather is not always going to be ruined by passing storms. But the weather is not the only thing that makes purchasing property in Antigua such a popular idea.
The native people of the island are extremely friendly and the local government welcomes new people to the island. The purchase of their land from foreigners is not looked down upon, which is something special compared to all of the places out there that would never allow such a transaction to take place.
And besides just the natural beauty of the land and the friendliness of the people, there is a beauty that is found in the culture, the carnivals, and the night life that simply cannot be found anywhere else. You can lay on the beach one day, learn about the history of the island another, and then take up sailing on another day. There is what seems to be an endless list of things to do and sights to see in Antigua.
Since there are so many positive points to purchasing property in Antigua, what is stopping you? It is a beautiful island that many people are already running to in order to have their own little personal piece of paradise, make sure that you are not missing out.
Paradise Properties Connection Ltd. is a professional, full service personalized real estate company and has been in existence for 5 years dealing on a one-to-one basis with exclusive clients. Paradise Properties Connection Ltd. has comprehensive Antigua real estate listings. Properties and villas for sale, land for sale and luxury villa rentals are available across the entire island of Antigua.
Madness in Markets: Coming soon to an Emerging Market near you
At no other time in history has a deeper investigation of our investment portfolios made better sense than today. The last four years have brought forth many surprises for almost all types of investors. It is common wisdom that no one can take the markets for granted anymore. There was a sudden surge in food prices in 2007-08 that came in and went away without giving many in the industry a decent opportunity for serious thought or reflection. Then suddenly sprang the Sub-prime induced economic crisis in 2008 that has been tracked very well right to its DNA. The Sovereign debt crisis in the Euro region started developing this year. And now the BP Oil spill that highlights the downside consequences of a risky company on our portfolios.
The spate of these crises and their implications are still not very clear to all types of investors. We can be sure that each of these events just represents a tip of the iceberg and in the minimum should invite us to be more careful with where our money is invested and where not.
On the other hand, to all those who prefer to escape the series of crises appearing on the Developed world horizon, investing in Emerging markets appears to be a very attractive opportunity. However, very few realize that if investors continue with the same approach (of going with the popular sentiment) and move their money into any and every opportunity that comes their way in the Emerging markets landscape, they are likely to meet the same fate. Sudden money chasing very few well understood assets could easily create a similar result in Emerging markets in the next 4-5 years or earlier! The same process would inevitably create the same outcome, only the canvas would change. What happened in US in 2008 is happening now in Europe. It is very likely it would happen in Asia in a couple of years and later, in Latin America and Africa. Why not? One definition of Madness is "Doing the same thing over and over and expecting a different result". We are creating these potential crises for ourselves because not much in our investment / research process has changed.
How can we avoid this? What should change? Clearly the investment and research process that guides these investments! It is common knowledge that Analysts usually spend an average of two days (if you are lucky) to cover a company during their rating process. That too, remotely! Thus an ESG / traditional analyst sitting in a developed market (enabled by Internet) sifts through all the publicly available information on a company and combines it with his / her own understanding of that sector to rate the likely future performance of that company. This is clearly suboptimal for various reasons.
GoldSilver.com offers the safest, most cost effective, and secure gold vault storage and silver vault storage services in the precious metals industry.
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Vault storage customers receive custody certificates documenting holdings and account inventory levels. All physical vault storage holdings are a secure phone call away from door delivery or to lock in a sellback price.
In the past year, it's been a very tough task to ascertain the securest path for investment. No one market has proved dominant, and those in charge of managing investments have had to react at lighting speed to swift changes in market direction for all but the longest term options.
Though investment returns are down, the change in market fortunes has to a degree, proved beneficial for investors. Those investment managers who had previously moved with the crowd in pre-downturn, secure markets, now have their lack of skill made apparent by far more challenging conditions. Conversely, the past year has allowed investment managers with real skill and understand of the markets have demonstrated their superiority.
The World Finance Investment Management Awards 2011 credit those who have been seen to lead the field and, up to now, capitalise on uncertain markets.
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