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While it wasn’t widely publicized on this side of the pond, a hacker breach last month into Britain’s Tesco Bank sent shockwaves throughout Europe, with the thieves managing to steal £2.5 million pounds (US$3.1 million).
The euro is a disaster. At least that’s the story according to Joseph Stiglitz, the Nobel prize-winning economist. Looking at Europe, it’s not difficult to see what he means.
Stroke of the pen. Law of the Land. Kind of cool. Paul Begala, advisor to President Bill Clinton (1998)
One of the oldest traditions in the American republic is “government by emergency.”
Don’t trust banks to protect the money you’ve deposited? You’re hardly alone.
Donald Trump could be the worst president ever if he follows through on his promises to bust the federal budget and crack down on civil liberties.
A question I’m asked a lot by clients is, “Are markets manipulated?” My answer is always the same: “Of course they are.”
Today is Election Day in the US. As we post this piece, none of us here at Nestmann have any idea who will win the presidential election.
The world’s billionaires are hoarding cash. Why, you ask?
The short answer is market volatility.
“If we all die,” said Dr. Ben Goertzel, lead scientist of Hong Kong hedge fund management firm Aidyia, “it would keep trading.”
In the last few days, gold has been on a losing streak. Last Tuesday, gold prices fell by $42 per ounce – 3.3% – the biggest single-day drop in value in nearly three years.
I just returned from a week in Bermuda, where I was a speaker at The Sovereign Society’s Total Wealth Symposium.
Less than six months ago, the mainstream media had a field day announcing the release of the so-called “Panama Papers.”
A few weeks ago, the IRS published its quarterly “name and shame” list in the Federal Register. That’s the list federal law requires the agency...
If the IRS has its way, cash will be a thing of the past. In its place, every transaction will be digital, every purchase will leave a footprint.
When Barack Obama campaigned for president in 2008, he promised to end the War on Drugs. As a candidate, he suggested the century-long war had been a failure and...
The Founding Fathers were clear when they made state rights and a leash on central government the lynch pin of our constitution.
A few weeks ago, I was sorting through some old files from early in my career. I came across a newsletter promotion I received in 1985.
Do you own a dog? You could face six months in federal prison If you walk it on federal lands on a leash longer than six feet in length.
As a US citizen or permanent resident, you are forgiven for the belief you have the right to remain silent. “Pleading the fifth” (amendment), is such common chorus in American culture, it's near cliché by now.
What’s the biggest threat to our civil liberties? Is it a Congress hellbent on closing all loopholes left to US citizens grasping for privacy?
Last month, lawmakers in Massachusetts approved a constitutional amendment that will lead to the departure of many of the state’s wealthiest and most productive citizens.
I love technology. I can’t imagine life without modern conveniences like telephones, email, and the internet. Not to mention running water, air conditioning, and automobiles.
Expatriation – deliberately giving up your US citizenship and passport – is admittedly a touchy topic. Congressman Sam Gibbons (D-FL), referring to expatriates, spoke of “the despicable act of renouncing allegiance to the United States.â€
It was the perfect pitch for 1,076 young foreigners who had just graduated from a US university but didn’t want to return home. They could continue their studies at the University of Northern New Jersey without bothering to attend class, take tests, or butt heads with professors.
That’s what the headlines should have proclaimed. But they didn’t. Instead, when announcing the theft of more than 11.5 million records from Panamanian law firm Mossack Fonseca, ...
Imagine arriving at your local airport one morning for a domestic flight to a neighboring city. You approach the security checkpoint and the TSA lackey asks for your identification.
Donald Trump’s legal antics underscore something that’s very wrong with the US legal system. When he encounters someone who says or writes something he doesn’t like, or refuses to be bullied, he sues.
It’s bad enough depositing your money into a bank account and earning essentially zero interest on it, or in some countries, having a negative interest rate.
300 years before the birth of Christ, a man named Neoptolemus took what was alleged to be his ill-gotten gains and fled the city-state of Athens. The leader of Athens, Lycurgus, demanded that Neoptolemus be executed for fleeing with his wealth.
In the runup to April 15’s tax-filing deadline, the IRS has once again published a list of what it calls its “Dirty Dozen” tax scams.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
The Nestmann Group does not sell, rent or otherwise share your private details with third parties. Learn more about our privacy policy here.
By signing up for this briefing, you’ll also start to receive our popular weekly publication, Nestmann’s Notes. If you don’t want to receive that, simply email or click the unsubscribe link found in every message.