U.S. Money Reserve President on CNBC’s Squawk Box

Squawk Box, a CNBC morning program, recently hosted the U.S. Money Reserve President Philip Diehl. Diehl who is also a former U.S. Mint Director, discussed elimination of the U.S. penny from circulation. He cited it costs more to make than it is worth, an expense to the economy which costs American taxpayers $105 million annually. Each penny costs 1.8 cents to produce, when he was at the helm of the mint, he unsuccessfully tried to eliminate it.

He responded to views from some economists who argue that its removal could cause a distortion in prices and may lead to inflation. He pointed out that most transactions carried out are electronically based putting cash ones at about 25%. Due to this, only a small number of transactions will be affected by the penny elimination. That argument has been used for the last 25 years, but he intimated that most businesses will actually round prices downwards as a good customer service gesture.

Competition dynamics in the marketplace he said will determine market prices, preventing companies from any increases caused the elimination.

Since the penny is 97.5% zinc, its major proponents are the zinc lobby and the makers of the coin blanks. A number of critics said that the nickel will be the next target of elimination. It costs 9.4 cents to make a nickel, however if changes to its composition are made it will be profitable.

About The US Money Reserve
The U.S. Money Reserve is a provider of U.S. Government issued gold, silver, and platinum coins. Founded by gold market veterans, it offers high quality customer service. It is a trusted partner available to assist client’s buy precious metals. As one of the largest distributors, it offers expert guidance to individuals who want to acquire these kind of precious coins that will give them the highest value. Its huge size gives it greater buying power, transferring to their clients the best profits. With a team of over 100 professionals it provides services for owning a tangible asset whose value is safeguarded against economic issues. These certified coins, have their quality, content and purity backed by the U.S. government.

Its goal to form a long and fruitful relationship with all clients assisting them to achieve financial goals by diversification of their portfolio with gold silver or platinum. Clients get notified whenever releases of precious metals are available.

Analyzing Tag Heuer Performance in Brazilian Market with Marcio Alaor

The global financial crisis is pushing companies to behold their market boundaries. Companies are struggling to maintain a global presence to cope with financial constraints in the world economies. Emerging markets like Brazil is one of the targets for companies to occupy its market share. The famous brand Tag Heuer is one of the latest entries in the market. Market analyst and vice president of BMG bank analyze the performance of this giant company which has existed for the last 150 years.

 

Tag Heuer is a prestigious watch making company whose products are associated with class and fame. The company has a long history dating to over one century and a half in watch making. Their primary focus is manufacturing fancy sporting style watches that are famous among celebrities and models. Some major brands of the company include link, Carrere and formula 1

 

In an article published on his website, Marcio traces the path of the company’s entrance into the Brazilian market. He analyses the performance of the company about market popularity and returns. From his experience, Marcio describes the company success begins at the top. He commends the CEO of Tag Heuer for the success of the old watch making company. Mr. jean-Claude Biver took the leadership of the company in 2014 and had moved to establish the company brand to its shareholders and customers. According to Marcio, this is an excellent move to balance the business’s market share.

 

The Swiss company considers Brazil significant market to achieve its ambitions. The company has grown by expanding and investing in new projects. Marcio associates the aggression of the Tag Heuer to conquer more markets as Biver’s top passion. In his opinion, the BMG vice president associates the company management as very crucial in implementing new market strategies. For instance, the company releases new innovative watches that match the taste and technology required in the market. This strategy has helped the company stay relevant in technology and customer trust.

 

Despite the position that Biver holds, he has demonstrated efficiency and potential to deliver. Marcio notes few managers can achieve the same results Biver has produced excellent results in record time and such ability. The company’s newly released Carrera model costs $ 4500. Despite the cost being a bit high, the brand is a sell out among the business’s clients. It has so far received utmost attention and tops the company’s most desired product. The company launched the brand promising quality and efficiency. It has since delivered and given the technology is evolving quite fast effectively embraces the smart watch technology. The article is recapped the website of Marcio Alaor.

Artificial Intelligence: A Long but Exciting Development

Artificial Intelligence is a unique field, says Ashwini Ashokan of the Deccan Herald. There was not just one big announcement where AI was released and the public was blown away. It has been a slow and arduous decade of development. More and more developed AI has been released out into the market place for use by the average consumer and business. If an individual tags a picture on Facebook they are using AI in the form of facial recognition. If a user asks Siri a question, they are utilizing AI. If a consumer is shopping on Amazon and clicks on a suggested item, AI is coming into play. With shopping and fashion, in particular, artificial intelligence is coming into play.

Many companies and businesses that are in the fashion industry have started finding ways to implement AI into their system. There are two main areas that have been utilized, product discovery and image intelligence. The first, product discovery came into popularity with companies like Amazon utilizing it to show customers what else they might also want to buy. This field of AI works well, but of course individuals are perfecting even further. A lesser developed field, image intelligence, is starting to emerge. This type of AI will look at a barcode or image of an item and find similar items that users can buy right away. This is helpful for consumers who see someone wearing a dress they like and they want to find out where they can buy it or if an item is sold out, consumers can find a similar alternative.

This type of visual search service is what companies like Slyce are providing to their users. Slyce has developed a software that will scan an image for metadata or other attributes and find the most similar items available that the user can purchase. Users should receive visual search results within 15 seconds.

Slyce was co-founded by Cameron Chell and Erika Racicot, who both understand that sometimes there can be a disconnect between retail stores and customers. Chill and Racicot wanted to create a solution that was straight-forward and simple yet advanced and unique. It offers choices to both the customer and the business including finding the exact item, finding similar items and redeeming coupons. Currently they partner with Photon, Offerpop and Purchase Decision Network.

Kyle Bass – Genius or Scam Artist?

Kyle Bass, the founder of Hayman Capital Management, recently sat down with the CNBC Halftime Report traders to discuss his market outlook for 2016. He also discussed how China’s current situation will impact the United States.

While many traders believe profits will be at their greatest after China regains some of its footing, Bass doesn’t. He believes the root of China’s problems is their banking system. He actually compares what is going on in China to the European crisis that recently took place.

In both cases the problem can be traced back to a banking system that has rapidly outgrown GDP. In China the banking system is at $35 trillion while GDP is at $10 trillion. That’s a difference of $25 trillion.

Bass believes Asia is going to go through a credit cycle and losses are a sure bet. He also believes investors aren’t taking what’s going on in China seriously enough.

According to Bass, the markets will see a downturn of anywhere between 10% and 20% by the end of the year. While things won’t get as bad as they did back in 2008, the lack of credit growth will present a real problem that needs to be dealt with.

If the name Kyle Bass sounds familiar its because he made headlines for correctly predicting the 2008 subprime mortgage crisis which UsefulStooges reported. For a while the world viewed him as a superstar. Not only did he predict the 2008 crisis, he was also nominated for writing and directing The Sixth Sense.

To many, Kyle Bass was a genius who simply could do no wrong. However, as time went on people’s perception of Bass started to quickly change. His magic touch was no more. He made a series of bad calls and he did so in full view of the public.

And the worst part is he had no remorse for what he was doing. As long as it gave his bottom line a boost, he didn’t care how his so called “analysis” was affecting those who were watching.

Besides making bad call after bad call, Bass also has alliances with some very unsavory people. While most would agree Argentinian despot Cristina Fernández de Kirchner is a detriment to her country’s economy, Bass believes quite the opposite. Not only has he sang her praises, but he has also defended her on several occasions.

When it boils down to it, Kyle Bass is about one thing and that’s Money. He doesn’t care who he hurts or what lies he has to tell, as long as it makes him a buck he’s happy. For this very reason, you should no longer hold his stock picking powers or advice in high regard.

A Prediction for Another Crash by George Soros

A Prediction for Another Crash by George Soros

When George Soros speaks, those who follow the financial markets listen. George Soros is widely acclaimed in his industry because of his incredible knowledge and insight as well as his ability to time the markets for financial gain. One of his many notable accomplishments was his ability to turn a one-day profit of $1 billion from a currency exchange trade a few years ago, and he has many other similar accomplishments in his personal and professional life. Recently, Soros made an incredible prediction that has people talking. His statement was made in a TheStreet.com article, “When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.”

A Worse Crisis Than 2008
In fact, in a subsequent article that was published by Bloomberg, he stated that he believes the upcoming crash will be worse than 2008. He cited evidence that ranges from deteriorating market conditions to China’s economic turmoil, the government debt in the United States and other countries, oil prices and several other conditions. As the markets have been on a downward spiral for most of 2016, some may say that Soros’ predictions may be correct.

What This Means for You
Soros will be the first to admit that he cannot predict markets. In fact, in a piece published by The Fool, he mentioned, “ http://www.fool.com/investing/general/2016/01/10/1-george-soros-quote-to-keep-in-mind-in-2016.aspx “The financial markets generally are unpredictable. So that one has to have different scenarios. … The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” However, this statement must be taken in context. He believes that you must look at the market from different angles in order to come to a better realization about what may happen in the future rather than to move forward with information from one source. There are so many different factors that are leading him to make a crash prediction for the near future that it seems likely that he may be on the right track.

If you are a savvy investor, you will certainly research all of the market conditions on your own, and you make come to a similar conclusion as George Soros. He did not predict a time for a future crash, but keep in mind that it could come at any time. With this thought, you may begin preparing your financial house for a crash.

Good News About The 2016 Stock Market Despite The Stagnant 2015.

As we discuss about stock markets and stock management one company may come into your mind. This company is Highland Capital Management, L.P. This company was co-founded by Mr. James Dondero and his partner(s). At the moment, Mr. James Dondero also popularly known as Jim is the president of this company. This company offers high yield credit and equity management. Mr. Dondero is very experienced in the management part of the business, having worked at different managing capacities for 30 years. He is a good credit marketer, perhaps even the best there is at the moment. This can be concluded from the success of his company in the credit marketing business as it is know one of the best companies in the United States.

One of James Dondero’s defining moments in business came on when he was the chief investment officer at Protective Life’s GIC subsidiary. During his tenure, the company grew to over $2 billion worth within four years. This was something only Jim could do. He has also worked in mortgage-backed securities, investment grade corporates, leveraged bank loans and many other fields of business. As a student, he was one of the few students who ever recorded the highest scores in Accounting and Finance from the University of Virginia. No, he is a well-recognized business person and a board member of various organizations like American Banknote Corporation and Metro-Goldwyn-Mayer productions.

2016 is expected to be a good year in the stock exchange market. Many people may disagree with this statement due to the fact that 2015 was a stagnant year on the stock market. But due to this stagnation, the right pace was set for 2016. Many investors were able to get acquainted with the new and emerging stock exchange market changes during the previous year as the market stagnated. This year you will expect his investors to make better choices than they did before. This will give the stock market the push it needs to grow. Many investors will move from all-cash to active and fully-invested stocks after seeing what happened the previous year. Most of the investors are now ready to take risks needed for stock exchange growth.

The major cause of the bad stock market in 2015 is the fall of oil prices. This made many investors worried of making losses. Most of them shifted their shares from one industry to another rapidly. Also, new investors were scared off from buying stocks due the rapidly shifting stock markets in fear of losing their investments. The rapid shifts were due to the fear that oil prices were going to fall even further.This had a bad effect on the general stock market. Now, the year has begun, and there are already small significant rises in investments in the stock market which is a good sign.

Marci Alaor, BMG Moving a Step Higher.

Marcio Alaor the BMG bank had a difficult early life before he rose to fame and the position of vice president of the BMG bank. At one point, he was a shoe shiner and used to clean shoes for prominent people including some executive officials from BMG. Marcio’s success is a collective effort of his friends and his people of Santo Antonio do Monte.
Alaor has been faithful to his people, and when he became an executive at the BMG bank, he has been helping them especially in the rural improvement sector. He was recently honored in his hometown by a food court being named after him “Marcio Alaor De Araujo“. The Exhibition Park is a major sign of the close relation between the citizens of Santo Antonio do Monte and the Marcio Alaor f BMG.

A local official was present during the honorary ceremony of Marcio. Vilmar Octavian, the head of Rural Development thanked Mr. Alar for his commitment to helping his people and opening great opportunities or their growth. The mayor, Mr. Wilmar Son, was also in attendance, and he too praised and appreciated the vice president Banco BMG for the great work. In his part, Marcio Alaor promised to continue loving his town and people as they make him proud.

 

The partnership between BMG and Itau bank was born when Marcio was the vice head of BMG bank. The emergence strengthens their biggest business which is to management in giving payroll loans. There was a celebrating as the partnership was to create a new bank, Itau BMG Payroll. Tau BMG was to operate only on discounted loaning in payroll. Funding private companies’ employees were to be done by the new bank.

 

Marcio Alaor, BMG Executive, did an analysis of the performance of automakers in the stock market. He said that the auto industry is gaining more attention from investors in the equity market. According to Marci, the industry is among the first to go public on the stock exchange market. The IPO is currently about 53.52 billion dollars o market worth, and that’s where the General Motors finished its a hundred years of IPO.

 

The Ford took the first step to offering its Initial Public Offering (IPO), was the biggest with a net value 600 million dollars. The IP is used to solicit capital and money for investment for firms. The eyes the entrepreneurs are on the IPO auto firms for example the Ferrari has an increase of five percent in the market which translates to 10 billion dollars in value.

 

Marcio Alaor has moved the BMG bank to the next level since he became the vice president. He is famous and known for his love for his town people making him stand out among other economists and executives.

Family Crisis Inspires Sanjay Shah to Create a New Charity

Sanjay Shah who is the CEO of Solo Capital Partners was born and raised in London, England in September 1970. He studied Biomedical Science at Kings College in London,England. He worked in the banking sector for fourteen years before he joined securities finance desk at Rabobank. By 2006, Shah was a partner in Morgan Stanley Securities where he’d originally joined as the financial director in 1996. Shah moved to Dubai in 2009 where he set up Solo Capital Partners as CEO and president.

Solo Capital Partners is a financial services company primarily located in London, England. There is another branch in Dubai. This company deals with lending in areas of investment and management.

Sanjay Shah is married and the father of three children. He and his family live on an island in Dubai. When his youngest child, a son named Nikhil, was diagnosed with autism in 2011, Shah knew that he wanted to do something to find a cure for this disease. Last year, Sanjay Shah created Autism Rocks Solo Capital. Being in the position in life to meet many celebrities, the CEO and president happened to be having a cup of tea with rapper Snoop Dog. It was then Shah had brainstormed the idea to have a musical fundraiser for autism and launched it in 2014. When the charity began, acts such as Michael Bublé, Prince, Lenny Kravitz, and Drake to perform in charity concerts.

Autism is when a child has a problem communicating and social relationships. Their interests are strongly focused on only a few things and experience repetitive behavior. One in 68 children are born autistic. Five times more boys are likely to have this affliction than girls. One in 42 boys are diagnosed with autism. Many preschools are working towards helping autistic children by giving them a special diet, consistent speech and occupational therapy that should be done before an autistic child reaches the age of 6. Parents are encouraged to join support groups and learn how to read their child’s cues. Autism Rocks Solo Capital is barely 2-years-old; it has 15 long-term continuing projects.

George Soros Scries Crisis in 2016, and We Should Listen

Stocks in the new year have had a rocky start, and may just keep getting worse. At least that is what George Soros, one of the world’s top investors, believes. Soros recently stated that our current market in 2016 is scarily similar to the one in 2008 that created the great recession. Is he right that we are on the verge of a new crisis? No one can predict the future, but his points about the market’s current difficulties are well founded.

The last recession in 2008 had a multitude of causes, including the collapsing housing bubble. Those may be in the past now, but 2016 has its own problems to deal with. China is struggling to adapt to its new consumption growth model. Its currency is quickly devaluing, and that could easily spread to the economies around the rest of the world. In addition to that, factors such as rising interest rates create difficulties for developing countries. As these situations escalate, the world economy overall will undoubtedly suffer.

There are also the numbers to consider. In 2008, stocks fluctuated wildly before finally losing 30% of their previous value before the crash. 2015 experienced eerily similar volatility. Some experts are already drawing parallels between the two scenarios. This may not prove anything for certain, but it still stands as a warning sign for things to come.

Does this mean a new crisis is certain? The future is impossible to judge, and Soros himself warns against trying to predict the market based on numbers alone. Just because stocks are going down this week is no guarantee they will continue to fall. That does not mean we should never take warning signs seriously, however. When multiple factors indicate a possible downturn, no one wants to be the one caught unprepared in the middle of it.

Investors have several options. One route is through high dividend stocks. In a wildly fluctuating market, these can provide a stable source of income. There are also inverse-ETFs, which benefit from economic downturns. For the long term investor concerned about their 401k, the best option is to wait out any downturn.

We will have to wait to see how 2016 unfolds. No matter what, always be prepared for a worse case scenario, because not even Soros has a crystal ball to see what will happen tomorrow.

Health Risks From Floods Mitigated by Sergio Cortes

Immediately after the horrendous flooding of the Brazilian city of Xerém, in Rio de Janeiro province, Dr. Sergio Cortes toured the scene in and around the city, taking stock of the damage, especially damage to major infrastructure, such as roadways, electricity, water, and sewage treatment. His major concern was to quickly address problems he could see, just over the horizon, such as disease. Principally, the good doctor was concerned about the threat and potential spread of hepatitis A, dengue fever, severe diarrhea, and leptospirosis.

Dr. Cortes ordered in several Hydration Centers, which were assembled in the city’s many disaster shelters. About 300 severely dehydrated flooding victims were re-hydrated at the centers every day. While doctor Sergio was there, he spent time with victims at the shelters and also out in the country in the areas surrounding Xerém. After his visit he upped the requirement for more support and healthcare workers to be transported into the affected area to help prepare and then deal with the health problems he knew would follow.

He also required health checks on the water supplies of all the shelters and discovered that some tested to have leptospirosis. That is when he ordered truckloads of bottled water delivered to the shelters and advised the populace to drink only bottled water. At the least, that water be completely disinfected before being injected. There are three kinds of fever diseases spread by the indigenous mosquito of the area. He battled to stop the spread of each.

Dr. Sergio Cortes is Brazil’s Health Secretary. At the time of the flooding, he made this statement: “We are taking steps, planning for the worst and hoping for the best. This center is a preventive action of the state Department of Health to support the municipality, given the amount of accumulated garbage in the city, increasing the possibility of dengue fever mosquito proliferation.”

He worked to coordinate all the city’s different departments to act quickly to rescue people stranded on their roofs, bridge trestles, and some in trees they had climbed. They quickly filled all the shelters and also worked as auxiliary workers in the Hydration Centers. This was originally reported on Sergio Cortes Oficial.

Follow Dr. Cortes on Twitter or LinkedIn.