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Contracts for difference is essentially a type of trading that allows traders to buy and sell goods without physically owning them. Under a CFD agreement, the seller agrees to buy an asset provided that the difference between the current value of the asset and its value during contract time is positive. If the difference is [...]
When the whole WikiLeaks controversy started to hit the newswires weeks ago I had many conflicting attitudes. I must say I was curious to see what kind of information might actually be leaked, and what may or may not be true. It seems we continue to receive bits of information that hits the newswires over [...]
When someone mentions needing leverage, what comes to mind? Being that I work in the oilfield, the first thing that I think of is a cheater pipe. This is a tool that is placed on the end of a pipe wrench used to provide additional leverage. The leverage comes in the form of additional force [...]
Savings account is a strong means in handling your money. Sparing in the deposit is a great habit if you are saving money. It is the safest area for the funds you are saving. With savings account, you may also earn interest from the main money you deposited. It is the goal why it is [...]
Those who play the financial markets are only there for one reason: to make money. So an absolute return sounds pretty excellent…or does it? The term seems fairly straightforward: invest some money, absolutely get an absolute return. For that reason, the absolute return mutual funds markets are growing, but the case may stand that traditional [...]
A perfect place to store gold bullion offshore? We expect gold storage operators will be opening shortly in the Singapore free zone. Peter Macfarlane reports below… It’s not just money that Swiss banks have been haemorrhaging lately (as reported in our last Q Bytes). As Swiss and other private banks are increasingly moving asset protection [...]
Peter Macfarlane reporting from Tocumen Airport in Panama, in transit to the Caribbean… I don’t write much in Q Bytes about my travels, but most of my clients are aware that I travel almost constantly… meeting clients and suppliers, doing research and due diligence. The last few weeks I have been in South America driving [...]
U.S. Securities and Exchange Commission (SEC) still has not discovered or explained what triggered the now infamous 1,000 points plunge on May 6, 2010 – enough to wipe more than US$1 trillion in U.S. market value. The 9.2% drop was the biggest intraday percentage loss since 1987 and largest point drop ever. This event may [...]
In Part 1 of this article last week, I posed the question, Why do Offshore Banks Ask So Many Questions? The documentation requested by offshore banks (bank reference letters, proof of source of funds etc) when opening accounts for the first time can sometimes appear overwhelming. Panamanian banks, in particular, are extremely bureaucratic. But don’t [...]
We have just a few minutes ago wound up the free conference call with our subscribers, presented by Linda Dixon – founder of Commodis Corp - and the chance to buy silver and gold bullion at a discount for forward physical delivery in Peru or worldwide. Thank you to everybody who participated. Linda gave a [...]