Blog
Why is Bitcoin going up in price?
“Why is Bitcoin going up in price?” is now the most asked question I get. It has officially replaced “How do I find no-money-down property deals?” I first explained how to get into Bitcoin and other Cryptocurrencies back in 2015. Crikey, it was cheap back then – we just didn’t know it at the time.…
Read MoreNegative interest rate on your bank accounts
The idea that you will get a negative interest rate on your bank account is an interesting one; certainly one that takes some getting used to. Your first reaction is probably ‘Well, I won’t put up with that”. In reality you will, simply because you will have no choice. As the war on cash hots…
Read MoreIf you start with £100 and double it 14 times – how much would you have?
Double your way to a million Pounds. How? Take a hundred pounds, double it 14 times, how much money would you have? How good is your maths these days? Try it on the kids as well. It’s multiple choice so choose from the following: A: £1,400. B: £140.000 or answer C: Over…
Read MoreHigh Tech companies say “Yes” to post Brexit UK
Apple, Google, Facebook and IBM announce multi-million pound investments in Post-Brexit UK. Four of the biggest IT companies in the world have just announced huge investment in London’s High Tech industry. The post-Brexit decisions make the announcements even more significant. First up was Apple to announce plans to create a a campus in battersea that…
Read MoreBuy to Let tax advantages disappear
The Buy To Let tax advantages that landlords have got used to over the years are about to disappear. From April 2017, the government will remove the perks that currently allow landlords to offset the interest paid on their Buy To Let mortgage against their rental income. This is a sea change in BTL profitability…
Read MoreSpend your way out of debt.
Britain’s loan and credit card is now growing at its fastest rate in a decade. It is up by nearly 10 per cent over the past year to around £182 billion. That works out at about £7,300 per household (on top of any mortgage debts). It’s just a shame the rest of the economy isn’t…
Read MoreSilver as an investment in 2016
Silver was my “deal of the year” in 2015 – and it still is. Over the last year and a half I’ve been building my silver stash as prices tumbled – but now prices are on the rise. Already this year silver is up 30% and that is likely to continue as output continues to…
Read MoreThree weeks to go before stamp duty increases on BTL properties
The government has made it clear that they now want to encourage first time buyers over and above Buy To Let landlords. As a result, we are just a few weeks away from the massive increase in stamp duty on second properties. From April 1st anyone buying a second property will be charged an additional…
Read MoreGold best performing asset of 2016
For those who believe that gold represents safety from the incompetence of central banks then January has been a good month. Having watched the value of gold fall for several years as fiat money printing replaced financial prudence it was good to see the value of gold rise last month. In fact, Goldcore report that…
Read MoreYour money ‘s not safe in a bank
Your money’s not safe in a bank – don’t become a target. Not long to go now before the security of the money you keep in your bank account is significantly reduced – five weeks in fact. On January 1st 2016 the banks will reduce the amount of money that is “guaranteed” in your account…
Read MoreHow much money should you have in gold and silver?
How much money should you have in gold and silver right now? Well, this week we learned that China has decided exactly how much. It has increased its gold holdings by a massive 57% since 2009. That’s an average increase of around 10% a year which is far more than I have increased my gold…
Read MoreNext time it’s your money that will bail out the banks
In the last banking crisis the government used tax-payers money to bail out the banks. A lot of people were naturally very angry about that – particularly as million pound bank bonuses continued to flow to the very incompetents that had caused the problem in the first place. Now the situation is even worse because…
Read MoreHow to increase your profits by 20%
How to increase your profits by 20% or more with very little effort. If the profit you’re making from your business has reached a plateau, chances are, it’s not because the business has stopped growing it’s the owner that has stopped growing. That comes a no surprise when you consider the huge amount of mental…
Read MoreWhy central banks are desperate for inflation
One of the most asked questions I get is “How come inflation is not increasing when Central Governments are printing so much money?” It’s a very good question. In the last seven years the Federal Reserve (the Central Bank of America) has printed four trillion dollars on it’s own. Can you imagine? these are unbelievable numbers.…
Read MoreBank of England has the Buy-To-Let investors in its sights.
Buy-to-let investors face new restrictions on borrowing after the Bank of England’s financial committee warned that the buy-to-let market posed a growing risk to the UK’s financial stability. The buy-to-let market is being blamed for pushing up house prices and stopping first time buyers from getting their first foot on the property ladder. We’ve all…
Read MoreThe global “credit card” is over its limit.
Do not confuse the state of the stock markets with the state of the global economy. Any idiot can print money – and over the last eight years it would appear every idiot has. Back in 2007 I wrote about the global debt passing $140 trillion. That’s the total global debt which comprises: 1. Household…
Read MoreChina finally tells the world how much gold it has
At last, China has officially announced it’s gold holdings for the first time since 2009. The statement came out on Friday and shows that “officially” China now holds 1,660 tonnes of gold reserves, that’s an increase of 604 tonnes since the last public disclosure six years ago. Given the huge volumes of gold passing through…
Read MoreGold Bullion – Texas joins the gold rush
Texas has just announced that it is going to build it’s own gold bullion repository (I guess that’s a big plain old fashioned safe to you and me) in which they plan to store up to one billion dollars of gold. Where will Texas get one billion dollars of gold you may ask? Well, from…
Read MoreRussia buys another 300,000 ounces of gold
I thought I was doing quite well with my steady acquisition of physical gold and silver (and by the way, if I have to write another email telling people the difference between physical metal and a piece of paper I will go nuts!). Then I read that Russia had bought another 300,000 ounces of gold…
Read MoreThe Yuan is coming to town
You already know about the major lenders like the IMF, The World bank and the Asian Investment Bank. These lenders are all dominated by the United States of America. Domination of lenders, just like domination of the reserve currency with its vice like grip on the oil business, have given the US an unquestionable competitive…
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