Month: April 2022

Improved state revenue collections and federal COVID-related relief funds enabled Washington lawmakers to add $5 billion in spending to the supplemental budget signed by Gov. Jay Inslee Thursday. The $64.1 billion supplemental budget builds off of the $59 billion, two-year spending plan adopted by the Legislature last year. It includes $2 billion toward a 16-year,
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Gold, silver and the miners will all begin to soar to new record highs this year, perhaps sooner than… by David Brady via Sprott Money I had a great discussion this week with Craig Hemke on the Sprott Money Monthly Wrap-Up, available here: “The Trap Has Been Sprung” on the Fed – Monthly Wrap Up
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Choosing a broker can be difficult due to the wide variety of choices available. While competition has pushed many brokers to offer their services on a no-fee basis for commonly traded assets, investors evaluating these platforms will still find major differences in the usability, trading technology, account features, and so on. Wading through all this
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While no known major, successful cyberattacks have disrupted the U.S. financial system since the conflict between Russia and Ukraine began, U.S. authorities and cybersecurity experts are warning American businesses, including independent advisory firms, to remain vigilant. Late last month, the White House warned that Russia could be planning to launch cybersecurity attacks in response to
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Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion.  Bitcoin’s network difficulty correlates to the computational power required to mine BTC blocks, which currently demands an estimated hash rate of 201.84 exahash per second
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Jack Rapke, the film producer behind such box-office hits as Cast Away, The Polar Express and What Lies Beneath, is listing his home in the Beverly Hills Post Office area for $10.5 million. Rapke, who in 1997 co-founded production company ImageMovers with director Robert Zemeckis, purchased the 8,100-square-foot architectural estate in 2004 for $5.75 million,
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With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia Recognizes Need for Local Crypto Assets Market Amid expanding international sanctions over
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By Lazetta Rainey Braxton, Next Avenue As a “preacher’s wife” (so vividly portrayed by Whitney Houston in a cinematic classic), I have witnessed many funerals where confusion and animosity clouded a celebration of life due to the proper lack of estate planning. Specifically, when there is no will in place, all hell tends to break
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Larry Wiemer II took over last month as executive director of the Wisconsin Health and Educational Facilities Authority after three decades working in key financial roles for healthcare providers and other not-for-profits. The agency conducted a national search to fill the shoes of Dennis Reilly who spent 26 years at the state conduit including the
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We don’t try to call gold “Analog Bitcoin”… by Keith Weiner of Monetary-Metals It’s not fair. It seems everything claims to be gold. Oil is black gold. Melted cheese is liquid gold. There’s even red gold, a tomato company. It’s just not fair! It seems like a one-way street. They get to use (without paying!)
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Investors saving for retirement are typically focused on building a portfolio designed to protect and grow their wealth over a long-term time horizon. Two of the main concerns when constructing a long-term retirement portfolio are taxes and costs. Investors in the U.S. can reduce the tax burden on their investment portfolio by selecting from several
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Sharing is Caring! From David Brady at Sprott Money News: The two primary drivers of the markets in general from my perspective were and are the following: The ongoing situation in Ukraine and the escalation of tensions between the East and West Inflation and monetary policy tightening in response by the Fed, BoC, and BoE
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U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used
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By Kerri Fivecoat-Campbell, Next Avenue Jane Coloccia is no stranger to moving long distances, having moved in 2014 from New Jersey to southern California. When she picked up the phone to hire a moving company earlier this year to relocate from California to northwest Oregon with her husband, Victor Teixeira, and their small dog, Sophie,
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