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Tax Rules For Physically-Held Currency Held For Personal-Use
Wednesday, September 21, 2011 - 2:50pm | 324By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Various IRS publications discuss tax rules for physically-held currency held for personal-use, mentioning capital gains treatment on gains, and no tax-deductible loss (capital or...
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25 Signs That The Financial World Is About To Hit The Big Red Panic Button
Tuesday, August 30, 2011 - 9:56pm | 2763Most of the worst financial panics in history have happened in the fall. Just recall what happened in 1929, 1987 and 2008. Well, September 2011 is about to begin and there are all kinds of signs that the financial world is about to hit the big red panic button. Wave after wave...
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Following Swiss Lead, Japanese Move to Stem Yen Strength
Thursday, August 4, 2011 - 6:48am | 200A day after Switzerland acted to weaken the Franc, Japan moved Thursday to tame the Yen's strength by selling one trillion Yen, or more than $12 billion. Japan's action today sent the dollar up against the Yen and most major currencies, including the Euro and Pound Sterling. Finance officials have...
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What If QE2 Ends On Schedule
Wednesday, April 13, 2011 - 5:52am | 610QE2, the program that the bi-winning Fed started last November to buy $600 billion of US Treasuries, is scheduled to end in late June. While the market is still priced for a continuing QE2 or a QE3 program, some people are not so certain. Among the doubters, the most influential person is likely...