Tuesday, April 30, 2013

Reason behind Buying Gold!

Buying gold is favored by almost all investors and laymen in the field for three main reasons: In fact, buying gold would be sought from the purchase ornament that the metal is a store of value and a safe haven much more net growth in a context of crisis especially now. Indeed, buying gold is the only safe other than the other monetary valued purchase. It is for these reason even central banks are getting into and carry out purchase of gold. Buying gold is a kind of asset protection for professional investors who believe that buying gold is a good investment for both the long term and short term benefits. This not to mention the attractive European taxation regarding this specific area stipulating a progressive exemption by 10% annually and that from the third year of the tax on the capital gain that would result in a tax exemption on the capital gain after 12 years of holding gold assets.

 Buying gold for the purpose of hoarding seems reasonable for several reasons. Indeed, buying gold is hoarded in order to avoid the trustee payments but also by a fear of an upset or simply to avoid certain estate costs. This leads us to say that to capitalize on gold through buying gold can only lead to benefits. In addition, buying gold is going to be a real guarantee despite it does not generate revenue. Therefore by purchasing gold, it is good before speculating wait for the right moment when gold allow you to generate good profits. As such each would behave selfishly by hoarding their gold and wait for the right moment because gold cannot be a generator of profit.

Saturday, April 27, 2013

How to maintain your credit rating!

How to maintain your credit rating? Maintaining your credit rating in the world of personal finance is essential. The credit has an influence on a lot of things we touch. It influences the conditions of bank loans, the discount interest rate and even our financial reputation. Here are some tricks that allow me to maintain a good credit rating. We live in a society where the rule of consumption plays enormously. Therefore, as a consumer, you have one day or the other the desire to own any property. Obviously, things have changed. Before you know reputable seller or practically confirmed your purchase. Now we swear by your reputation and bank credit is the king. Hence it is very important to keep your credit rating in good condition. The first thing you have to do is to build your credit rating is as follows: you must make purchases by funding. Then complete the purchase of thing in cash. Leave your money in the bank. Get now a credit card to prove your spending habits, and most importantly, payment habits. So pay your bills at the end of every month or at least your minimum balance.

Whenever there is a delay in your credit card payments that will be indicated in your credit file. This negative impact will fall on your side. Obviously, the higher your score down, the more you become a consumer uninteresting by banks. Therefore, you will lose promotions, you will have high interest rates and it will be difficult for you to build a good heritage. If you are in the category of least preferred by banks, we need to change that. There are actions to be taken, over time; you can develop yourself to be a customer who is preferred by the most popular banks. Initially, pay your bills that too on time. This is obvious, but how many people do not perfectly? Also, do not change your credit card every year. This will ensure that your credit history will disappear and your credit rating will be less beautiful.

 Avoid more credit applications regularly. Often, it is rather the others who make for us in trying to verify exactly our credit. In this case, ask if it is really necessary. If the answer is positive ask the person rather pick up your credit report of you. A request by you has no impact on your score. It is in my view you should use credit wisely and get a credit card. But settle with just one card. Having many credit cards indicates that you have the opportunity to borrow a lot, thus adversely affecting your score. Thereby maintain only a good credit card only. A good credit score will increase your chances of getting the loan as required for the purchase of your home or your car. You may receive bank discounts and preferential interest rates benefiting you. You could maximize your assets more efficiently.

Friday, April 26, 2013

Dramatic Decline In The Price Of Gold!

In this month, the price of an ounce of gold has decreased by over 12%. This is the largest decline in the price of gold last 33 years history of gold. A decline in the selling price of gold, which affected the activity of buying gold from the counters of the jewelers around the world and it create a new rush in the bullion and gold coins across Asia and America. The ounce of gold traded in London at $ 1,790 October 5, (the highest price in the year 2012-1675), Friday, 12 April it was $1548 and on Monday and fell to $1416 before stabilize in the next few days between 1380 and 1400.

 Many explanations have accompanied the fall of the price of gold, some were optimistic and explained the decline of renewed confidence among investors in the economic and banking system as they no longer fear a collapse of the international banking system and no longer reluctant to put their money in financial products. So it is indeed signal the end of the crisis. Other explanations are much less positive considering that it is the fear of a resumption of the weaker global economy that was expected, resulting in less stress on the commodities market and therefore a lower risk of slippage in prices. Gold, he did not forget, is primarily a protection against inflation.

The Real Estate Bubble Bursts Netherlands!

The Netherlands saw their housing bubble burst. For years the country's banks have granted mortgages without sufficient guarantees coupled with tax breaks from the government. The German newspaper Der Spiegel highlights the weaknesses of the Dutch economy, rising unemployment, reduced consumption and GDP that was stalled. Der Spiegel believes that these are the consequences of the bursting of the housing bubble in Netherlands. In addition, institutions financed more than 100% of the value of the property and tax breaks could go up to 52% of mortgage interest paid. The chart below are the property price increase:

Thursday, April 25, 2013

Kaiku Prepaid Credit Cards

Getting a prepaid credit card from Kaiku is the smartest financial move that you can make. Not only is the company revered for its ability to offer great programs to people who would otherwise have no financial leverage, but it is also well known for offering the best customer service in the industry. Whether you are looking for a way to get back on your financial feet or you simply need to do business with a company that has a sterling reputation, Kaiku (kaiku.com) is the financial institution for you. With a prepaid Visa card from Kaiku, you can take advantage of everything that you could with a normal Visa credit card. You will be able to use ATMs, receive direct deposits from your employer, pay bills automatically as well as connect your bank accounts to your mobile devices. However, you will never have to worry about jacked up interest rates from credit card companies that are looking to put you into debt so that they can profit off of your financial missteps. Kaiku cards are prepaid, meaning that you cannot spend any more money than you originally placed on the card! There are few financial companies that come as highly recommended as Kaiku. Give them a call or visit their website today.

Monday, April 15, 2013

Black Monday for the gold market!

The price of gold has lost nearly 10% until Monday and a additional fall under 1440 dollars an ounce, its lowest level in over two years, and headed for its biggest drop in two sessions since February 1983 , investors massively reducing their exposure to this market. The price of gold has fallen by nearly 13% in two days, a victim of the announcement of the sale of a portion of the gold of Cyprus, which could give ideas to other countries in need of resources budget. Market players also explain this collapse by the prospect of the Fed influence by the end of its monetary policy by reducing its liquidity in the markets, which in recent months have made one of the engines up. "We cannot get across the road in front of a train: the market must go to the end of the race," said Max Schubert, head of commodities Emirates NBD Bank in Dubai. For its part, Ole Hansen, senior manager at Saxo Bank, suggests accelerated liquidation of long positions (the positions taken that focus on higher prices) from investors in ETFs (exchange-traded funds) and selling hedge funds. The announcement Monday of a slower growth expected in China in the first quarter gave investors another reason to reduce their exposure to the commodities market. Oil and copper, for example, were also oriented in sharp decline. The gold on the "spot" market fell to a low of 1336.04 dollars an ounce before recovering slightly, to 9:20 p.m. GMT; it was trading at 1352.75 dollars, down nearly 8.54 % on Friday. Other precious metals were also affected by large movements of Sale: money is returned to its lowest level since October 2010, the lowest since platinum and palladium last August to its lowest level in three months. The decline in gold prices began their down trend nearly three weeks, and despite its status as neither a refuge nor the rising tension on the Korean Peninsula, or the shift of monetary policy the Bank of Japan could not reverse the motion. The announcement of the Cyprus will sell for € 400 million of gold reserves from its central bank has increased the movement last week. "Investors fear that Cyprus and set a precedent that other central banks to follow suit, and it is not a factor in reducing purchases because central banks have been a key driver of the rise in the gold years, "said Ole Hansen. Debate more lively on the evolution of Fed policy does not help. "We are now witnessing panic sales, which may explain the speculations on the support of the Fed. The Fed hinted that it could reduce the QE (quantitative easing) and this began confidence in gold, "said Dominic Schnider, an analyst at UBS Wealth Management.

The Euro fell against the Dollar!

The Euro lost ground against the dollar on Monday as investors flee to the safe and is that the flat after the release of Chinese and U.S. indicators bode well for global economic growth.. The European single currency fell against the Japanese currency to 126.05 yen against 128.91 yen Friday. The dollar also fell against the Japanese currency to 96.72 yen against 98.35 yen on Friday. The currency market "is marked by a combination of lower than expected indicators in China and the United States that suggest that the global economic recovery is losing some of its momentum," noted Kathy Lien BK Asset Management . China has indeed made from a slowdown in growth to 7.7% annual rate in the first quarter, reviving concerns about the fragility of the analysts of the second world economy. Along with the United States in March, the growth in manufacturing activity in the New York area slowed more than expected and homebuilder confidence fell. "The fact that the world's two largest economies are showing signs of weakness at the same time" gives rise to "feelings of anxiety" among traders, said the expert. These concerns weighed on investor sentiment that favored currencies deemed safer, as the dollar and the Yen, at the expense of risk currencies like the Euro. The decline of the single currency, however, remained limited during most of the session with "a stronger than expected figures on foreign trade," noted Ms. But the announcement in late NY session, several explosions in Boston has strengthened the curve. For its part, the yen continued to gain momentum, traders reaping profits after the fall of the yen due to the decision of the Bank of Japan (BOJ) a new wave of monetary easing. Around 2100 GMT, the British pound advanced slightly against the euro at 85.29 pence per euro but fell to 1.5283 dollar. The Swiss currency advanced against the euro at 1.2140 Swiss francs to the euro but fell at 0.9312 Swiss francs to the dollar. The ounce of gold finished at $ 1,395 at auction tonight against USD 1,535.50 Friday, before falling to $ 1,335.30, its lowest level since February 2011. The Chinese currency finished at 6.1869 Yuan to the dollar, the highest closing level of the Yuan since 1994, when China has pegged its currency to the dollar, against 6.1921 Yuan on Friday.

Sunday, April 7, 2013

The Battle for the control of Silver!

Most of the countries more particularly US and China wants to control over the precious metals market. U.S want to keep the price of white metal as low as possible where as China tries to keep it in uptrend. Now days obviously gold is money but silver was the universal monetary standard for more than 7000 years. The countries have stopped minting silver coins in 1960s because of the deficit between the mining and the industrial demand. The deficit on the market has been filled for many years by selling their old reserves held by countries themselves. Those reserves were completely destroyed by the industries even though the mining production in the recent years had increased tremendously and it failed to meet the demands. To control over silver the banking oligarchy launched ETF. Investors wishing to invest in physical silver without having to carry pounds of metal ingots bought shares traded, they could easily sell. These ETFs are a huge success. In theory, the issuing banks hold hundreds of millions of ounces in stock, but only in theory. As for gold, cash investors have been diverted. Instead of buying silver bullion, and thus weigh on the rise in metal prices, banks guardians of these treasures, HSBC and JP Morgan, have manipulated the prices down. They sold the paper money, the silver-virtual, on the Comex and the London market, to lower the price of this rare and precious metal. These banksters sold five years of production in the form of derivatives in a very short term; they are absolutely unable to deliver.

When China began to open up to the outside world after the meeting Mao and Nixon, the bankers of the world have invested in China, creating new ports, equipped with the most modern refineries which enabled China to carve the lion's share in refining. The industrialization of China has enabled him to become the workshop of the world, so much so that the Middle Kingdom is poised to become the first world power. Since 1971, China sold to Westerners finished products against the dollar, the international currency. But since Nixon's visit, the currency has continued to devalue. Expressed in gold, today's dollar is worth 45 times less than that of 1971, the Chinese have been paid in funny money. China still exported 4800 tons of silver in 2006 will become a net importer in the following year to import 3500 tons in 2010.

 In March 2009, before the G20 meeting, the governor of China's central bank, the COPD, published an essay on the wishes of China's international monetary system, denouncing the failure of the current system and regretting that the new banking system proposed already by Bretton Woods has not been explored since. This rejection of the U.S. monetary hegemony will quickly turn into currency war between BRIC and Washington. In August 2009, China announced that it authorizes to default on Western derivatives, it is considered fraudulent. The silver is at the heart of the problem. In September 2009, the Chinese governments allowed its citizens to stock precious metals and launched a communication campaign pushing the silver the price is extremely low compared to gold. China then banned the export of silver which will cause a few months later the explosion at the rise in silver, putting JP Morgan in trouble. China, which had announced that it wanted to have a say about the price of raw materials, has achieved one of its objectives.

 For the record, in January 2011, Xia Bin, then a member of the Monetary Committee of the Chinese Central Bank, in an interview quoted by Bloomberg, said: "China should increase its gold and silver reserves." It seems important to reconcile this statement with the wishes of China's monetary system, especially as it was the last power to abandon the standard money in terms of silver. The U.S. policy of Roosevelt on money in 1934 caused a monetary crash in China, leading to a dictatorship then the first communism.

Friday, April 5, 2013

Banks, Are they really protect your savings?

The political and economic world is undergoing a profound crisis of faith. Faith simply means faith in ethics, faith in political leaders, faith in money, and faith in banks. A publication recently revealed that banks are our real risk and their inventories are distressing. Banks are losing confidence of the customers and they are more defiance in debt rationalization in some European Union countries. The question is what will happen for your savings if the bank is insolvent or in case if it could not provide you liquidity for your savings? Hence it is best to diversify your maximum savings and evenly distribute them in reliable banks. Few banks are retaining their name by keeping the money and credit in order. Most of the financial credit banks first enrich them self and then the objective. Most of the gold jewelers and banks keep their customers against the bill of exchange which help them to sell this gold to many people at the same time are created loans with interest and unbridled pursuit of profit. A force to lend money to their customers, money speculation is based on the promise of repayment and eventually became a source of debt to the state level. Because of the amount of outstanding loans exceeds more than money in circulation to repay. This is how the bank in its current form was born. According to a survey conducted by Harris Interactive / Deloitte in December 2011, banks are now three times more detractors than promoters. Three out of ten European expressing their distrust an institution supposed to sell their confidence is a lot. A reputations of the banks were tarnished very much recently for various reasons. ( to be Continued)

Thursday, April 4, 2013

Russian Giant invests in Morocco Oil Resources

The oil curse is it the fear in Morocco? But we fear the worst in the country so far spared by the Arab revolutions, while already the U.S. oil giant Chevron has signed an agreement with the Moroccan authorities to conduct exploration work on three sites off its coasts. This is enough to create tension between the Kingdom of Morocco, Portugal and Spain, the Moroccan government has recently announced the establishment of a provisional commission for the delimitation of the continental shelf on the Atlantic shore. Now, it is the Russian Abramovich who invests in the kingdom. Thus, the Russian billionaire Roman Abramovich and Circle Oil Plc, Irish Oil Company, just lay the groundwork for an agreement to invest more than $ 20 million for operating a first site in the Basin Gharb.

 Circle Oil says elsewhere on the internet, that the deposit "has been tested with success." Five additional drilling should be carried out by the company, which has two exploration licenses in the area. Recall that Abramovich made his fortune in the oil industry in 2005. He turned back to the oil sector in investing in Latin America and Africa. Since 2011, Morocco has witnessed the signing of new oil contracts for offshore areas like Foum Assaka, Cape Boujdour, Mazagan, Essaouira and Maritime Juby and the onshore area Doukkala. In addition, there are five agreements on recognition of Anzarane offshore areas of Tarhazoute and onshore areas Boudnib and highlands.

The Kingdom of Morocco said today make up the delay through "improved drilling techniques that now allow easier access to deep-water deposits." In order to encourage investors, the Moroccan government has implemented tax measures to encourage exploration while amending the law on hydrocarbons. Thus, the government offers newcomers an exemption from corporate tax for a period of ten consecutive years and rates of royalty on oil and gas not exceeding 10 and 5% respectively.

Monday, April 1, 2013

Ecology, carbon Emission and Economy

Sustainable development: Sustainable development takes into account all aspects related to the business (i.e.) raw materials, human and economic system. Sustainable development can produce products and services that meet the desires and human needs while preserving the environment for future generations. We can then say that sustainable development is linked with ethics. The World Commission on Environment and Development United Nations defines sustainable development in 1987 this way: "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs." The ecological footprint is a tool to evaluate the quantity of energy used for the production of a product or service. Can then be compared with this tool the difference between what natures provides us and what we consume.

It is used to make predictions but also to measure human actions on the environment. It measures not only for human consumption but also of a country, or even the planet nature necessary for the production of an object. E. Williams REES one of the two creators of the term suggests the following definition: "The ecological footprint is the corresponding area of productive land and aquatic ecosystems required to produce the resources consumed and to assimilate the wastes produced by a defined population at a specified material life. ' The carbon balance: The carbon footprint is a tool to quantify the greenhouse gas effect greenhouse (GHG) emissions of a company or an administration. These emissions can be direct or indirect. Carbon footprint to become much more important than the ecological footprint as international governments based GHG limits on companies that are based on the calculation methods.

 The great strength of the carbon footprint that is compatible with the ISO 14064 and 14065 with the theme here is the official definition proposed by ADEME: "A method of accounting for emissions of greenhouse gases from readily available data to arrive at a proper assessment of direct or indirect emissions from your business or territory." These definitions related to the various international meetings and scientific reports have led to the emergence of these themes in world governments. The Kyoto Protocol in 1997 was the first meeting has taken quantified commitments. It aims to reduce emissions of greenhouse gases (GHGs).