Canada Reveals the “End Game” for Money
Canada Reveals the “End Game” for Money For most of human history, “money” was a physical commodity. Ancient peoples traded gold, silver, beads – even giant stone disks. When money…
Gold vs. Bitcoin Comparison: Trends and Insights
15 months ago, pundits were predicting that bitcoin had matured into its own separate asset class from stocks, bonds, and other traditional investments.
The Looming Social Security Crisis and What To Do About It
Facing the Reality: Challenges Ahead for Social Security and Medicare In 2019, only 24% of Americans were confident that Social Security would be able to pay the same benefits in five years…
Puerto Rico’s Tax Benefits for US Citizens
The Unique Tax Status of US Territories One of the American tax system's many oddities is the way the country deals with US territories like Guam, the Northern Mariana Islands,…
Ransomware Malware Breach. Hacked Computer. Ransom Attack
Ransomware Hits Main Street
We first warned readers of the dangers of ransomware in 2007, comparing it to the kidnapping of your data. If you've been a victim of a ransomware attack, the first…
When Will the US Dollar Crash?
When I first started working with Mark in 2013, he handed me a big box and said, “Maybe you can use these…” It was filled with a few hundred promotional…
Inflation IS Transitory, but…
Last Friday, the Bureau of Labor Statistics (BLS) announced that the Consumer Price Index (CPI-U) jumped 0.8% in November from October; an annualized increase of 9.6%. In the last 12…
Search Google, Go to Jail?
We periodically remind our American readers that by simply going about their daily lives, they’re likely committing multiple crimes. As we pointed out last month, for instance, you could be…
The Hidden World of Uncle Sam’s Sanctions
In my role as the president of Fortress Trust, Ltd., a trust and financial services company based on the island of Nevis, in the British West Indies, I receive weekly…
What’s the Last Crime You Committed?
If you’re an American, you probably break the law every day, often without even knowing it: Do you own a dog? You could face six months in federal prison if…
What the “Pandora Papers” Prove Isn’t What You Might Think
Another day, another offshore data leak. Last week, in what’s become a depressingly regular ritual, following yet another massive data leak, the mainstream media lined up in its latest efforts…
Will Crypto Have “Staying Power?”
The Securities & Exchange Commission (SEC) isn’t one of our favorite federal agencies. It’s placed numerous roadblocks in the way of Americans looking to invest overseas. And the agency’s attempt…
Sense and Nonsense about Offshore Investing
We’ve been in the “offshore” business long enough to have some fairly long memories. Thirty or 40 years ago, it was cool to have an offshore bank account. At a…
More Holes in the Dollar’s Reserve Currency Status
Would you put your life savings into this asset? If you’re an American, your life savings probably are overwhelmingly in this asset – the US dollar. Since 1913 – not…
Will Automation Fill in the Pandemic Employment Gaps?
As the US economy slowly reopens, unwinding from the COVID-related lockdowns of 2020 and early 2021, employers are facing an unprecedented shortage of available workers. Many reasons have been cited…
“Vaccine Passports” and Your Rights
Our January article on vaccines and “informed consent” was easily one of the most controversial we have ever published. And just as we predicted, “vaccine passports” (or “immunity passports”) showing…
Where’s the Beef?
In the early morning hours of July 1, a handcuffed 73-year-old man was led into a New York courtroom to face a litany of charges, including grand larceny. Detectives were…
Another Reason to Keep Wearing Your Mask
Do you have an “expectation of privacy” when it comes to your facial features? That’s an unfounded assumption in the good ol’ USA. . In this “land of the free,”…
Is the Crypto Party Over?
Bitcoin, along with other cryptocurrencies have been on an upward tear since the COVID pandemic began. On January 1, 2020, bitcoin traded at $7174.74. By April 15, 2021, its price…
How Do You Spell B-U-B-B-L-E?
Would you pay $69.3 million for this image? A hedge fund financier who goes by the handle “Metakovan” did last month at a Christie’s auction. In case you’re wondering, the…
The Folly of “Universal Basic Income”
Last month, Republican senator and former presidential nominee Mitt Romney unveiled a proposal he calls the “Family Security Act.” The plan seemed shocking at first, especially coming from a solidly…
Inside the Legal Battles of Larry King and Prince’s Estates
Former legendary talk show host Larry King died last month at 87 years. At first glance, he might not appear to have much in common with pop star Prince, who died in 2016...
How Much More Debt Can We Handle?
By the time you read these words, Congress will be putting the finishing touches on President Biden’s COVID-19 relief package, with American taxpayers footing the bill to the tune of $1.9 trillion.
We’re All (Hyper) Keynesians Now
In 1971, President Richard Nixon supposedly told an ABC News reporter that he was "now a Keynesian in economics."
Is It Time to Buy Bitcoin?
Only a decade ago, cryptocurrencies, also known as “cryptos,” were virtually unknown. Since the invention of the first crypto (Bitcoin) in 2008, thousands more cryptos have been developed.
Is “Offshore” Another Word for Corruption?
The October 20 headline was a familiar one, at least to us here at The Nestmann Group: “Arrest warrants issued for founders of Panama Papers firm.”
Yes, There Is Good News!
I’ve been called “The World’s Most Pessimistic Man” and “Mr. Worst-Case Scenario.” But I’m actually an optimist when looking at the long-term future.
Your Smartphone is Spying on You (Again)
It’s no surprise that Big Brother takes an intense interest in how we interact with our mobile devices.
What Post COVID-19 America Will Look Like
In the months and years ahead, you’ll do fine and maybe even get rich if you sell weed edibles or become a video game star. If you own a mall, your golden days have passed.
Leaving America: Why More Americans than Ever Are Saying Farewell to Uncle Sam (and the IRS)
Heads, Big Brother wins. Tails, you lose. That’s the no-win dilemma US citizens who live overseas face when it comes to using a US passport...