Monday, June 25, 2012

Fiat Savings Accounts for Dummies

I have never seen 1kg of Silver go poof!...

Jun 24, 2012 by TruthNeverTold

THE SILVER BOMB: An Opportunity That Will Never Happen Again

Jun 24, 2012 by SGTbull07

Nigel Farage are we facing a 1931 moment?

Nigel Farage discusses the latest Euro summit, the Italian and Spanish economies. Listen to the KWN interview here

Turkey turning to NATO over downed jet

Jun 24, 2012 by AlJazeeraEnglish

Turkey says it's going to consult with its NATO allies over what to do after Syria shot down one of its military jets.

Spain - €10,000 fine for not declaring foreign accounts

From LA Razon

Translated from Spanish by google translate.

Original source

22 June:

This is one of the measures included in the draft law on combating tax fraud has approved Friday the Council of Ministers, has advanced as Vice President and Government Spokesman, Soraya Saenz de Santamaria.

The bill establishes the obligation to communicate the "accounts, securities, bonds, annuities or real estate" abroad and if they have not been declared and are discovered by the Treasury does not lapse and shall be charged to fiscal year have been discovered.

Another measure of the bill is the prohibition on cash payments in excess of 2,500 euros in operations that involve entrepreneurs and freelancers. The limit does not affect transactions between private and will rise to 15,000 euros for non-resident payers.

"If the limitation is violated both the payer and the receiver will be jointly liable for the infringement," said Saenz de Santamaria, who, however, pointed out that if one party makes known to the tax payment not be penalised.

Read on

NatWest bank glitch drags on

Always good to keep some cash outside of the banking system to cover for "glitches" and poor application programming.


Original source

RBS is warning its 17 million customers that the backlog caused by a technical glitch could take at least another two days to clear, meaning that the computer failure will have lasted for more than a week.

Customers deluged online forums with complaints yesterday, saying that they were unable to pay bills and were concerned about the impact it could have on their credit ratings.

The crisis has hit customers at RBS and two of its subsidiaries, NatWest and Ulster, and the bank admitted that the chaos caused by a technical glitch is so severe that it does not even know how many accounts are affected.

Yesterday, more than 1,200 NatWest branches were opened on a Sunday for the first time in its history, while a further 1,000 branches will be open until 7pm today in an attempt to ease the problem.

RBS has pledged to compensate affected customers by refunding overdraft charges or penalty fees incurred because of the computer glitch, and help them deal with credit rating agencies. However, it was not clear how long it would take to make refunds.

Chris Duane - Investing For Dummies

Jun 24, 2012 by