http://www.petermacfarlane.net/2009/05/16/what-is-fiat-mo ney/

By admin | May 16, 2009

Fiat Currency and Fiat Money Explained…  By Peter Macfarlane

You’ve probably heard experts on this site and elsewhere talking about Fiat Money… Fiat Currency. But what does it really mean?

No, it has nothing to do with Italian motor cars! The only Italian connection is the Latin language, from which the word fiat – meaning command, decree or ord... Read More

1 comments View Entry

http://www.petermacfarlane.net/2009/05/17/offshore-online -brokerage-accounts-are-they-s afe/

By admin | May 17, 2009

These days, we are all accustomed to doing almost everything online. There cannot be too many of us left who are nervous about using a credit card online, for example. Doing business online is a way to save time, money and headaches. Investing through online brokerage accounts promises much the same benefits.

However, when it comes t... Read More

1 comments View Entry

http://www.petermacfarlane.net/2009/05/26/st-kitts-offsho re-authority-feeling-the-pinch /

By admin | May 26, 2009

It’s been an open secret for the last 6-12 months that many beneficial owners of offshore corporations have not been paying their annual taxes and fees. This is not a good idea as it puts the whole structure at risk and the IBC ceases to be in good standing.

However I was quite surprised to receive this from our resident agent in St Kitts... Read More

2 comments View Entry

By admin | May 26, 2009

I was back in Panama City last week and one of the most interesting meetings I had was with a young man who is setting up a new bank in Panama from scratch, almost single handedly! Right now he spends his days meeting with lawyers, other Panamanian bankers, bank regulators and contractors who are working on installing everything from the floor tiles upwards in the building that will shortly bear the name of his new bank.

Single handedly?... Read More

1 comments View Entry

http://www.petermacfarlane.net/2009/01/22/how-to-buy-phys ical-gold-bullion-on-the-comex /

At this writing, gold is still 15% off its peak, at least in U.S. dollars. Yet at the same time, the metal is cruising at or near all-time highs against a host of other currencies, including the Swiss franc, British pound, Canadian dollar, Australian dollar, and Indian rupee.

That currency disparity means buyers around the world are prepared to pay much more for gold, relative to thei... Read More

0 comments View Entry