Thursday, October 27th, 2016 MST

Snow Falcon silver coins not good buys

A telemarketing firm recently began promoting 1-1/2 oz Snow Falcon silver coins, minted by the Royal Canadian Mint.  We advise our clients to stay away from any silver bullion coins larger than one ounce. Not only would 1-1/2 oz silver coins not be practical if the need ever came to use them as money, but

North Korea linked to $81 million theft

According to Symantec, North Korea probably is responsible for the $81 million theft from Bangladesh’s central bank.  Researchers at the digital security firm uncovered “a rare piece of code” that had been seen in previous hacking cases by North Korea. The theft is believed to be the first by a nation for purely financial gain. 

ECB to stop printing €500 notes

In what is being reported as an effort to impede criminal activity and terrorism, the European Central Bank announced that it will discontinue issuing €500 notes around the end of 2018.  However, the ECB was quick to affirm that the €500 notes already in circulation “will remain legal tender and . . . always retain

Government spending, worse than taxes

April 15 is behind us, and that gives a feeling of relief to those Americans who labored and toiled in 2015 to provide for themselves and their families while seeing billions of  dollars confiscated from their earnings.  (And, now they must keep records for years just in case they are later audited by the IRS.)

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