IRA Confiscation: It’s Happening

January 29, 2014GIHAdmin

GIH: The IRS has gone after US taxpayers funds in Swiss Bank accounts, and other offshore jurisdictions. Without raising taxes or severely hyperinflating the currency, the US Government has few options to support its large debt hole. IRA accounts are ‘low hanging fruit’ because most people trust the US Government, and have a detachment to […]

FOMC Ignores EM Crisis, Tapers Another $10 Billion – December Statement Redline

January 29, 2014January 29, 2014GIHAdmin

GIH: $10 Billion in more taper from the Fed, indicates further tapering. A bold move against the backdrop of the crisis in emerging market currencies, which caused a stock market sell off and EM Currency sell off. Unlike many market analysts, The Fed “Sees Growth”: WASHINGTON — The Federal Reserve announced Wednesday another $10 billion […]