Financial Nightmares – Indigo Dreams http://indigodreams.net/ Wed, 14 Sep 2022 11:01:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://indigodreams.net/wp-content/uploads/2021/04/default1.png Financial Nightmares – Indigo Dreams http://indigodreams.net/ 32 32 Report: Club sees Leeds United exit a resounding success amid Manchester United ‘madness’ spending https://indigodreams.net/report-club-sees-leeds-united-exit-a-resounding-success-amid-manchester-united-madness-spending/ Wed, 14 Sep 2022 08:36:46 +0000 https://indigodreams.net/report-club-sees-leeds-united-exit-a-resounding-success-amid-manchester-united-madness-spending/ Barcelona’s acquisition of Raphinha from Leeds United has been seen as a bargaining success amid Premier League wealth. Leeds have seen major changes on their side since the recent summer window, losing two of their most important players for big money while replacing them with shrewd deals and adding crucial depth in the process. Raphinha’s […]]]>

Barcelona’s acquisition of Raphinha from Leeds United has been seen as a bargaining success amid Premier League wealth.

Leeds have seen major changes on their side since the recent summer window, losing two of their most important players for big money while replacing them with shrewd deals and adding crucial depth in the process.

Raphinha’s extended move to Barcelona was one of the biggest sagas of the summer as he finally made his dream move to Camp Nou.

Ultimately, Leeds agreed to sell the Brazilian for £55million after months of haggling by the Spanish side amid their financial nightmares of the past few years.

This accepted offer came despite Leeds having an offer on the table from Chelsea of ​​potentially up to £65m ready to leave, but the player’s ambition to move to Barcelona proved too big of an obstacle.

Now Spanish outlet Sport have reviewed Barcelona’s decision to bring in Raphinha this season, instead of moving for then-Ajax star Antony, who moved to Manchester United for a staggering £85million. sterling:

“The diagnosis left no doubt, as was confirmed at the start of the season: Raphinha is a much more mature player, who has internalized a collective conception of the game – no doubt, a consequence of having been managed by ‘El Loco’ Bielsa in Leeds and Tite in Brazil – who does not hesitate to sacrifice himself in defensive work by covering the side.

So not only do Barcelona see Raphinha as the more complete player than Antony, but his valuation has also been a success for them, having also faced serious competition from the Premier League for his signature, also calling it ‘madness’. the Old Trafford Agreement:

“From a financial point of view, there is also no possible debate. ‘Operation Raphinha’ can be seen as Barcelona’s negotiation success, given the pressure the big guys have put on the Premier League.

“Barca will pay 58 million euros, which has nothing to do with United’s ‘madness’.”

Is Sinistera replacing Raphinha a good move?

Yes

Yes

Nope

Nope

Barcelona made a very shrewd deal, and it’s frustrating that Raphinha is one of their most important players and they managed to find him relatively cheap.

When you see Antony aiming for that price, it’s hard to see we got a good deal out of it.

That said, we still have a lot of money for him which we have redistributed very well on several signings this summer.

Luis Sinisterra started and it helped many fans to stop relying on the quality of the Brazilian.



February 2022, Elland Road?




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Ledger aims to refine pitch for untouchable crypto wallets https://indigodreams.net/ledger-aims-to-refine-pitch-for-untouchable-crypto-wallets/ Mon, 12 Sep 2022 16:26:17 +0000 https://indigodreams.net/ledger-aims-to-refine-pitch-for-untouchable-crypto-wallets/ High-profile hacks and funds stuck on troubled platforms are nightmarish headlines for the crypto industry as it seeks to win new believers, but for some hardware companies like Ledger, they’re paramount. marketing Material. Why is this important: Most blockchain veterans believe that cold storage – keeping your crypto offline and off the internet – is […]]]>

High-profile hacks and funds stuck on troubled platforms are nightmarish headlines for the crypto industry as it seeks to win new believers, but for some hardware companies like Ledger, they’re paramount. marketing Material.

Why is this important: Most blockchain veterans believe that cold storage – keeping your crypto offline and off the internet – is the safest way to store digital assets. The personal custody, which holds these digital assets, also protects the owners from the fickle policies of [name your exchange].

  • But convincing users to take good care of their cryptographic keys, essential if you ever want to access your wallet again, takes finesse — and that means marketing with locals in mind.

State of play: Hardware walletsif you know what they are, chances are you’ve seen them and heard about them.

  • You might have seen one on Showtime Billions, or on sale at Best Buy. You’ve probably heard an indirect reference to it in the phrase “not your keys” – a maxim that becomes more insistent as crypto-jackings increase.

Details: The appeal of Ledger’s USB stick-style crypto wallets lies in their utility, enabling cold storage and self-custody of assets.

  • The Paris-based company’s marketing script has become more relevant than ever, Paris-based Ledger CEO Pascal Gauthier told Axios. “When what we’re warning about happens, it seems like we’re smart.”

By the numbers: Since Ledger launched in 2014, it has sold more than 5 million devices and started the second half of the year with 50% year-over-year revenue growth, according to Gauthier, who claims that the numbers would be even higher if it weren’t for the drop in coin prices.

  • He pointed to several events, highlighting the discontinued Celsius Network customer withdrawals and eventual bankruptcy that drove sales.
  • To note : Ledger isn’t the only manufacturer of hardware wallets, with other brands including Trezor, KeepKey, and Coldcard. But it’s generally considered the leading provider of crypto wallets, and Best Buy’s choice to stock its hardware first likely reflects that position.

Between the lines: Despite this marketing message, Ledger seeks to meet the needs of customers residing in non-English speaking countries. And each country’s unique relationship with crypto means that local marketing approaches can vary.

  • “High inflation and distrust of the government in Argentina means that people there see crypto differently, so marketing should be very different there than in France or Lebanon, for example,” says Gautier.
  • For countries like Argentina and others in similar macro environments, crypto is seen as a safe-haven asset, he says.
  • In France and most English-speaking countries, on the other hand, crypto is treated as an investment in the same way as stocks or bonds.

“In the future, we are going to build specificities for your country”, he adds, specifying that certain pieces have greater recognition in Korea, for example.

  • The company is literally working on translating its website and building native-speaking support teams for potential customers in Asia, an underpenetrated market, according to the CEO. “Ledger will speak every language in the world.”

And after: Ledger has partnered with The Sandbox to release a minecraft-style game called “School of Block” that teaches players how to become a master of crypto security through various challenges.

  • It also recently rolled out its own non-fungible token marketplace, touting it as “the most secure platform” for NFT drops.

The context: Ambitious growth plans may be harder to execute in the midst of crypto winter, but even with the threat of tightening capital markets, Ledger has reportedly been in talks to raise $100m in a funding round which would push its valuation above the $1.5 billion it fetched in June 2021.

Backtrack: Ledger was not without setbacks, in 2020 the company was hacked due to a website vulnerability in which a third party gained access to customer information, such as e -mails.

  • The security of customer assets on its hardware has not been compromised.

He is also very aware companies likely to steal market share.

  • “Our big problem is [competitive] Security. For us, the threat comes from everywhere, from startups like us but from larger listed companies in the financial world thinking about hardware,” says Gauthier, citing Apple, Samsung and to a lesser extent Square, as competitors.
  • Gauthier says he’s never been personally stolen or hacked because he’s “very careful.”

The bottom line: The company’s long-term strategy is mass market, but it’s not quite there yet. “We’ve always said we’re going from enterprise to geek to enterprise to consumer, but crypto has to be mass adopted first,” says Gauthier. “So maybe Ledger will be at the convenience store.”

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10 cheap everyday cars that will ruin you with maintenance bills and repairs https://indigodreams.net/10-cheap-everyday-cars-that-will-ruin-you-with-maintenance-bills-and-repairs/ Sat, 10 Sep 2022 19:00:00 +0000 https://indigodreams.net/10-cheap-everyday-cars-that-will-ruin-you-with-maintenance-bills-and-repairs/ The dream of everyday cars being cheap to maintain and repair turns out to be more of a nightmare. Big names and bigger egos soon crumble with this selection of money pits. Score one for manufacturers with unrealistic maintenance plans. Regular maintenance programs include only the bare necessities, covering vital fluids and safety devices. Beyond […]]]>

The dream of everyday cars being cheap to maintain and repair turns out to be more of a nightmare. Big names and bigger egos soon crumble with this selection of money pits.


Score one for manufacturers with unrealistic maintenance plans. Regular maintenance programs include only the bare necessities, covering vital fluids and safety devices. Beyond that, you’re at the mercy of dealer “recommended” extras. At least you’re only tied to an authorized dealer for the duration of your warranty.

Our advice is to ignore the warning signs at your peril. It will only end in bank accounts and wallets shrinking before your eyes. Dealerships and garages are not your best friends. Once you leave the forecourt, you are another money-making opportunity waiting to happen.

RELATED: Here’s How Much a 2018 Tesla Model 3 Costs Today

ten Porsche Taycan

Electric vehicles are becoming a common sight on our roads promising greener credentials. It’s no surprise that Porsche jumped on the bandwagon with its impressive Taycan. Not quite a Porsche sports car in the vein of the 911 or the Boxster. The Taycan follows a similar path to the more expensive Tesla Model X.

Porsche’s confidence in the future of battery and engine power is well founded, with demand outstripping production forcing the German automaker to rely on external manufacturing facilities. Gearheads with $80,000 burning a hole in their pocket might be tempted by the routine Taycan service starting at $199, but aside from the basics, everything else is sure to cost a lot more.

9 Tesla Model 3

As technology advances, battery-powered cars will become more affordable. This is where the Tesla Model 3 fits in with the glut of EVs vying for hard-earned gearhead money. Launched with an asking price of $47,000 for the Model 3, Tesla pretty much has the budget EV niche.

That low price gets you a rear-wheel-drive twin-motor setup that offers a range of 358 miles. Maintenance is also cheaper, with major dealers handling the cleaner EV drivetrain for $295 at a time. But, as with all lithium-ion batteries, the Tesla Model 3 has a cycle time limit. Beyond Tesla’s 1500 cycles, you’re looking at over $14,000 for a replacement.

8 Ford Focus RS

You’d be hard pressed to find better value in a hatch. The Ford Focus RS emerged as the best hatchback for gearheads who didn’t fancy a Type R. It was cheap too, at $42,000. Ford, however, had cut some corners when it came to build quality.

In 2018, the Focus RS featured a 2.3-liter 350bhp EcoBoost engine promising a sub-five-second sprint at 60mph. Cheap to buy, and give reasonable gas mileage, that’s where it all starts to come apart. In a recent Edmunds study, servicing the Focus RS in the first year alone costs thousands of dollars.

seven Mini Cooper JCW

Small, nimble and fast, the Mini Cooper has been a fan favorite since BMW took control of it in 1996. Add to the original retro-modern appeal a dose of German engineering, and you have a winner. But for Mini enthusiasts, the news of BMW’s interference is not good news. Five years of service alone is a third of the original purchase price.

Just as the Mini name itself is ingrained in gearhead memory, so is the hotter Cooper range. Under the JCW’s hood, you’ll find a 2-liter four-cylinder producing 228bhp, enough to launch the mini to 60mph in 6 seconds.

6 Dodge RAM 1500

In a car versus truck dispute, the gearheads will say they need a truck for occasional off-roading. Most hide the real truth that the truck feels safer to drive. The safer high riding position comes with a welcome bonus, they are also cheaper. The Dodge RAM 1500 is excellent value for money at $34,000. The truck looks unbeatable.

But, given a few years of ownership and maintenance, the RAM 1500 looks less appealing. In the fifth year, with a lot of kilometers under its wheels, the maintenance bills increase sharply. Engines, regardless of fuel type, are losing the battle against breakdowns. Symptoms, including excessive oil use, coolant leaks and engine knocking, are common.

RELATED: Here’s Everything You Need to Know Before Buying a Used Dodge RAM 1500

5 Toyota Prius

With over 15 million cars sold, many of which go to Uber, the Prius is the best-selling hybrid. In 1997, Toyota launched the Prius with a greener and cheaper driving promise. But, ask any Uber driver about their gas mileage, and you can be sure it won’t be Toyota’s claimed 56 MPG.

Cheaper rather than cheaper is the best you can hope for. This raises the tricky question of battery life, not daily use but longevity. Dealing with falling load levels? No problem, a $1,900 recondition might be enough. Otherwise, your wallet is going to feel like $5,000 lighter for a new battery.

4 Jeep Compass

Willy’s Jeep was an icon of defiant do-it-all capability. Of course, adventure-seeking gearheads wanted in on the action. Jeep has listened and obliged over the years with more civilized offerings. Launched in 2006, the Jeep Compass moved closer to its high-end rivals offering more for less.

Updated for 2017, the Compass ditched its rugged pedigree and got softer. Despite all its tweaks in the urban jungle, Jeep has managed to keep sales and maintenance prices low. But at what cost ? We hope the Jeep survives mild off-road encounters. But the Compass has many problems with its brakes, suspension and CVT. Making the cheap Jeep a more expensive proposition than you would have bargained for.

3 Chevrolet Cruze

The Chevrolet badge here is a misnomer. In all generations of the Cruze, Chevrolet opted for less expensive imported designs. Cheap to buy, drive and maintain. Two out of three weren’t bad for the Cruze lineup. But, the wonky build and reliability is what caused the biggest financial pain.

In 2018, gearheads brave enough to take on a Cruze found themselves with a sour taste in their mouths. Common engine failures are symptoms of cracked pistons, weak water pumps, and leaks. The Cruze was a financial black hole, even though Chevrolet covered some warranty costs.

2 Volvo XC90

New or used, the Volvo CX90 is grim reading. Sweden’s most famous safety-conscious luxury car maker does not enjoy a favorable reliability rating. Halfway between the most popular segments of wagons and SUVs, the XC90 is a jack-of-all-trades, but does not master any of them.

There was a time when the Volvo brand denoted supreme durability regardless of age. But the XC90 is a compromise of luxury, space and versatility that doesn’t come cheap. With each generation of the XC90, lingering flaws remain. Chief among them are water and electricity problems leading to costly repair bills.

1 BMW 330i (G20)

Have you ever wondered why the classifieds are full of cheap used BMWs? In part, gearheads are spoiled for choice due to the large number sold. But, there’s a darker side to BMW ownership that the German automaker would rather you didn’t know about. When they go bad, the maintenance bills are rather exorbitant.

The BMW 330i is a shining example of when things go wrong, owners resort to drastic measures. Launched in 2018, the G20 330i is one of BMW’s weakest offerings. Plagued by structural issues, the G20 is far from the ultimate driving machine. Under the hood, fluid loss and other engine problems make this BMW a money pit.

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Need to build investor confidence for sustainable and transformative growth https://indigodreams.net/need-to-build-investor-confidence-for-sustainable-and-transformative-growth/ Fri, 09 Sep 2022 02:02:00 +0000 https://indigodreams.net/need-to-build-investor-confidence-for-sustainable-and-transformative-growth/ India’s official statisticians reported a growth of 13.5% in the April to June quarter this year. This means the country has risen to the top spot as the world’s fastest growing major economy – and, incidentally, has replaced Britain as the world’s fifth largest economy. Unfortunately, this is where the good […]]]>


India’s official statisticians reported a growth of 13.5% in the April to June quarter this year. This means the country has risen to the top spot as the world’s fastest growing major economy – and, incidentally, has replaced Britain as the world’s fifth largest economy.

Unfortunately, this is where the good news about India’s growth prospects ends. Those GDP figures were actually a disappointment, given that the same quarter last year saw India shut down amid its devastating Delta-induced Covid wave; a Bloomberg survey of economists predicted growth above 15%.

Over the past three years, in fact, India’s GDP has grown by just over 3% – and less than 4% since the last quarter before the pandemic. This financial year – which ends in March 2023 – is unlikely to break records: most now expect real growth to fall short of 7%, even from a low base.

If you are looking for reasons to be optimistic, you can find them. For example, capacity utilization in India’s manufacturing sector recently hit 75%, its highest level in nearly a decade. Some economists hope this means the problem that has plagued India’s macro economy for the past decade – anemic private sector investment – will cease to be a constraint to growth. Still, investment figures as a percentage of inflation-adjusted GDP remain below normal, 2.5 percentage points below where they were before the pandemic.

Some Indian officials believe that a return to high investment and growth is only a matter of time, and that positive policy changes in recent years – from indirect tax reform to new industrial policies geared towards domestic manufacturing – will bear fruit in the medium term. But we have heard this phrase many times before.

Read also | India becomes the 5th largest economy in the world, which is no ordinary achievement: PM Modi

If it hopes to return to a strong growth trajectory, India simply cannot afford to give in to complacency. Something crucial is still missing in the country’s policy mix: a good understanding of what investors really need.

In a world marked by rising interest rates and risk aversion, there are still not enough investment projects available in India with the right risk-return profile. A lot of capital continues to flow into India, but mostly from risk-tolerant sources such as private equity, or to companies deemed able to handle political risk such as Adani Enterprises Ltd.

Companies that support job increases and broader economic growth – small businesses or those in the infrastructure sector, for example – are not as sought after. Even global portfolio investors have noted that over the past 10 years, Indian stocks have not produced better returns than the much more transparent US market.

Expanding India’s private sector’s access to capital by reducing environmental risks should be the government’s number one priority going forward. This requires the implementation of reforms that have been well understood and advocated for years, but which have been put on the back burner compared to more high profile subsidies and interventionist policies.

Administrative and judicial reforms, for example, are long overdue. Dispute settlement in India remains a nightmare. According to the World Bank’s Ease of Doing Business Report 2020, India ranks 163rd globally in contract enforcement. It took an average of 1,445 days to resolve business disputes through the court system.

The World Bank has since stopped publishing its independent assessments of the business climate, and the Indian government maintains that these figures have since improved. But investors in India still have a justified fear of going to court. Even the government’s historic bankruptcy process has slowed, with the National Company Law Tribunal saying last month it would only hear “urgent” cases because 30 of its 63 court positions remain vacant.

One way to compensate for the lack of judicial and administrative reforms would be to leave more room for arbitration, including international arbitration. But India has moved in the opposite direction over the past decade, unilaterally exiting bilateral investment treaties and working to strengthen the primacy of domestic courts. These policies are short-sighted and must be reversed.

The global mood has changed. India needs to show investors not only that they can earn decent returns in the country, but that their money is safe here. This requires an entirely different set of reforms than the government has so far been comfortable with. Unless policymakers set about changing the overall risk profile of investing in India, they are unlikely to leverage private investment to the levels needed for sustained and transformative high growth.

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Wellington.Scoop » Tunnel reopens after bus damaged – was it due to falling roof, tree or debris? https://indigodreams.net/wellington-scoop-tunnel-reopens-after-bus-damaged-was-it-due-to-falling-roof-tree-or-debris/ Wed, 07 Sep 2022 00:33:45 +0000 https://indigodreams.net/wellington-scoop-tunnel-reopens-after-bus-damaged-was-it-due-to-falling-roof-tree-or-debris/ The airport bus exits the tunnel after the bus in front of it is damaged. Another bus was unable to reverse and returned its passengers in a six-minute walk to a stop at the Haitaitai roundabout. Wellington.ScoopThe Hataitai Bus Tunnel was reopened at midday today after engineers investigated the cause of damage to a bus […]]]>

The airport bus exits the tunnel after the bus in front of it is damaged. Another bus was unable to reverse and returned its passengers in a six-minute walk to a stop at the Haitaitai roundabout.

Wellington.Scoop
The Hataitai Bus Tunnel was reopened at midday today after engineers investigated the cause of damage to a bus yesterday afternoon. Inspections carried out by engineers have established that the tunnel structure is in good condition. City Council arborist staff also pruned trees above the western (Pirie Street) entrance to the tunnel.

Wellington City Council gave three different versions of how the bus was damaged in the tunnel yesterday.

This morning on RNZ, a spokesman for the council said the damage was caused by debris falling from the hill above the tunnel. The council yesterday first said the damage was caused by a collapsing roof. He later said the damage was caused by a falling tree. Here are the two versions from yesterday.

WCC News – 6 September
The Mount Victoria bus tunnel was closed overnight after a section of the tunnel roof fell and hit a bus.

No injuries were reported among the bus passengers. But the bus was damaged.

Engineers will assess the damage to the tunnel tomorrow morning.

Buses to and from the eastern suburbs and the airport are diverted through the main Mount Victoria tunnel.

damaged bus 2 WCC photo

WCC UPDATE – September 6
it appears that this afternoon’s incident at the city center (Pirie Street) end of the Mount Victoria bus tunnel was caused by a tree or parts of a tree falling from above the entrance to the tunnel and hitting the front of an eastbound bus entering the tunnel.

Contrary to our previous report, there is no indication that a section of the tunnel roof has collapsed.

The bus has been removed from the tunnel which will remain closed to buses overnight until engineers have inspected the site and the slope above the tunnel entrance tomorrow morning.

Was it deliberate? “The Plot Thickens”

tram tunnel

The tunnel was built in 1907 and was constructed using concrete and brick, and techniques appropriate to the time.

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Qantas: One photo sums up the airline’s baggage nightmare https://indigodreams.net/qantas-one-photo-sums-up-the-airlines-baggage-nightmare/ Mon, 05 Sep 2022 08:44:45 +0000 https://indigodreams.net/qantas-one-photo-sums-up-the-airlines-baggage-nightmare/ A photo has emerged of a single suitcase left on a tarmac operated by Qantas, in the latest scandal to hit the airline. The photo was shared on Twitter by Australian singer Fanny Lumsden and captioned with a single: “Lol Qantas”. It is not known if it was on an international or domestic flight. It […]]]>

A photo has emerged of a single suitcase left on a tarmac operated by Qantas, in the latest scandal to hit the airline.

The photo was shared on Twitter by Australian singer Fanny Lumsden and captioned with a single: “Lol Qantas”.

It is not known if it was on an international or domestic flight.

It comes as the Australian airline has come under fire for lost or missing luggage, with the flag carrier outsourcing its baggage handling staff.

In July, The Guardian reported that, on average, one in 10 bags is lost or unloaded on domestic flights departing from Sydney Airport.

Head office executives have also been asked to work as porters in an attempt to address staffing shortages. The call was looking for at least 100 volunteers to work three or five days a week in four or six hour shifts.

Speaking to the ABC before Monday night Four corners investigation, a member of ground staff said Qantas’ outsourcing of in-house ground handling was a major issue.

“Bags don’t make planes in time. Bags are loaded incorrectly on planes,” they said.

“Flights are being canceled because the crew is running out of hours to operate those flights in the time it would take to resolve the issues.”

Incorrect baggage placement due to inexperienced handlers could also affect aircraft safety due to poor weight distribution.

The unidentified Qantas employee described an incident where baggage was loaded incorrectly, but the error was only detected just before the hold was about to close.

“There are many things that can go wrong”

As well as baggage handling issues, a Qantas pilot said the airline’s staffing issues could potentially pose security concerns.

“We are working longer hours,” the pilot said.

“We are on the red line, operating at full capacity in a very dynamic and challenging environment. There are many things that can go wrong.

News.com.au has contacted Qantas for comment, however, the company did not respond by press time.

While Qantas was consistently named the world’s safest airline between 2014 and 2021, this year the carrier has dropped to seventh place.

Instead, the top spot was taken by Air New Zealand. The drop in ratings was the result of the age of the airline’s fleet and a “slight increase in incidents”, according to the report.

Equipment and morale concerns ‘in the gutter’

Another ABC investigation also found that company morale was “absolutely in the gutter”, with several departments within the airline affected. Australian Licensed Aircraft Engineers Association federal secretary Steve Purvinas told the ABC that some departments have seen absenteeism rise to as high as 83% of workers per shift.

“I can use a department in Sydney [as an example]where they need 60 people every shift,” he said.

“It’s not unusual for 50 out of 60 people to call in sick on any given day.”

An engineer, who had worked for the airline for 30 years, also called Qantas’ Mascot jet base an “absolute wreck”.

Identified as Mark, he said neglect, outdated technology and cuts to infrastructure and equipment meant engineers were not ready to do their jobs.

“It’s like working with one hand tied behind your back most of the time,” Mark said.

He said basic equipment such as supports are now hard to come by, which means engineers have to “search and scavenge trying to find a suitable working support suitable for the job”.

The lack of specific specialist tools also led to unnecessary delays.

“They just don’t have the proper tooling to do all the work that we have to do on a day-to-day basis,” he said.

“We often try to find tooling because it’s either been loaned out to another port or taken out for calibration.”

Qantas announces loss of $1.89 billion

After a difficult few years for the aviation industry, Qantas announced this year a “staggering” loss of over $1 billion for the third consecutive year.

Sharing the results, CEO Alan Joyce recorded an underlying loss of $1.89 billion for the 2022 financial year. He attributed the setback to a labor shortage impacted by Covid-19 and the difficulties of the airline to rebound from post-pandemic travel.

In an attempt to win back disgruntled customers, Mr Joyce proposed a $400 million customer service plan, which included new routes from Auckland to New York, lounge refurbishments in Adelaide and New Zealand and a good $50 for frequent flyers.

However, some customers weren’t impressed with the rollout.

Bronze level customers and above were eligible to receive a $50 promotional code to be used when booking a round-trip flight to be made by November 30, 2022 for travel by June 30, 2023.

Frequent flyers criticized the 10-month waiting period and called the voucher an “epic corporate failure” and a “ploy” to boost their bookings.

In a post on Reddit, a QFF member posted a screenshot of the voucher’s “how it works” page with the caption “Insincere $50 voucher from Qantas – not a happy camper”.

Several other users agreed in the comments.

“No apologies, just marketing – you must book an eligible return flight to use it,” one user wrote.

“I just got a $50 voucher offer from Alan Joyce to redeem by September 30. No travel plans until then. Keep your voucher Alan…give it to a baggage handler,” another wrote .

Read related topics:Qantas
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Mill City Ventures III: A Hidd https://indigodreams.net/mill-city-ventures-iii-a-hidd/ Fri, 02 Sep 2022 21:50:16 +0000 https://indigodreams.net/mill-city-ventures-iii-a-hidd/ Some banks have taken a more cautious approach to lending due to the unfavorable economic situation. Combined with the Federal Reserve rate hikes, the gap between banks and finance companies in terms of borrowing costs has narrowed and could present excellent lending opportunities for the latter. Usually, most non-bank financial companies are known to have […]]]>

Some banks have taken a more cautious approach to lending due to the unfavorable economic situation. Combined with the Federal Reserve rate hikes, the gap between banks and finance companies in terms of borrowing costs has narrowed and could present excellent lending opportunities for the latter.

Usually, most non-bank financial companies are known to have a riskier and more aggressive approach to lending, but those with a strong risk management framework in play often end up delivering excellent returns in my experience. I recently came across one such micro-cap financial player that looks promising due to its unique credit policy and fast processing times: Mill City Ventures III Ltd. (MCVT, Financial).

Company presentation

Mill City Ventures III is a Minnesota-based specialty finance firm focused on public and private enterprise lending as well as casual equity investments. Its investments primarily take the form of growth capital which finances borrowers’ growth, expansion and start-up costs. Apart from financing, the company also offers some managerial assistance to private and publicly listed companies. The firm seeks a form of active investment and advises its portfolio companies on financial and operational matters.

Like most other players in specialized finance, the company’s goal is also to provide returns on investment above the market average. When we talk about the nature of lending and investment products, Mill City Ventures is known to offer litigation financing, asset backed loans, title loans, tax anticipation loans, real estate bridging loans , mortgages and other financial services.

High risk and high yield loans

Mill City Ventures started as a business development company in 2013 and gradually grew into a full-fledged specialty finance company and non-bank lender. It is part of the group of specialist finance companies, which are essentially non-bank lenders that provide credit to SMEs that might otherwise have difficulty obtaining financing.

They have their own differentiated credit policy to assess each loan request. The company doesn’t have much of an approach based on formulas and ratios like the average bank and seeks to focus on qualitative factors as well as hard data such as the borrower’s intent and ability to pay. and the asset value of any collateral pledged. As the loan criteria are much more flexible than other financial institutions, Mill City Ventures is able to charge higher processing fees and a higher interest rate. Its borrowers benefit from a fast processing time, which for some offsets the higher cost of borrowing, and also ensures a good flow of loan opportunities into the business.

The company’s business structure involves fewer reporting requirements than banks, giving it great flexibility. For example, he could easily loan out more than 50% of his corpus if he encountered a good high-value loan opportunity without going through a regulatory nightmare. Additionally, a large percentage of its income in the form of interest and processing fees trickles down to the bottom line, as it has a relatively small staff, low overhead and a flat organizational structure, which implies a significantly lower cost of processing proposals, with a quick decision on loan application.

Key financial indicators

The financial statements of banks and financial institutions are relatively difficult to analyze because they are very different from those of ordinary companies. It is easier to directly analyze some very specific financial metrics that can help determine business performance.

First, let’s look at capital employed. According to its most recent balance sheet, Mill City Ventures manages nearly $17 million, which it raised through a combination of debt and equity that it lends in the market. Revenues of $3.67 million over 12 months and a net profit of $1.23 million are currently being reported from the investment of these funds. The company is able to generate an after-tax return of between 7% and 8% on its capital employed.

It is important to mention that no true non-performing assets have been reported by the company so far and interest flows appear to be regular against cash flow, which means that the asset management policies risks are solid. Additionally, the company’s capital employed has fallen from nearly $9 million in 2016 to around $17 million today, but its performance has been reasonably consistent.

Past Success Stories

Mill City Ventures’ investor presentation discusses a number of specialty lending scenarios where the company has had success in the past.

Alatus Development LLC, one of their borrowers, raised a $3.9 million loan to continue work on ongoing apartment development projects. The borrower had significant net worth and needed quick capital, with repayment taking place after the apartments were sold. Alatus sold various apartment buildings and paid off Mill City Ventures, and the company earned net interest and closing cost income of $365,000.

Another example is Mill City Ventures’ $3.4 million loan to Villas at 79th, which allowed the company to close on the land and seek final development approvals. Management claims to have generated a return on investment of 58.29% on this short-term loan transaction.

Final Thoughts

As we can see above, Mill City Ventures shares are undervalued based on the GF Value chart. The company’s current return on assets of 7.21% is well above the credit services industry average and its leverage ratio of 0.15 is also an indicator of very low leverage.

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We can see that the current stock price is well below the GF value as well as the Graham number. I have confidence in the company’s risk management strategy; CEO Douglas Polinsky is an investment management industry veteran with extensive experience lending to public and private companies while employed in reasonably well-known funds. Overall, I think Mill City Ventures could be a promising small-cap value opportunity in specialty finance.

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Why UBS’s bullish view on lithium stocks has become more bullish – Charts and Caffeine https://indigodreams.net/why-ubss-bullish-view-on-lithium-stocks-has-become-more-bullish-charts-and-caffeine/ Tue, 30 Aug 2022 21:08:37 +0000 https://indigodreams.net/why-ubss-bullish-view-on-lithium-stocks-has-become-more-bullish-charts-and-caffeine/ Welcome to Charts and Caffeine – Livewire’s pre-market news and analysis digest. We’ll take you through the session overnight and share our best ideas to better prepare you for the day of investing ahead. MARKET ENVELOPMENT S&P 500 – 3,986 (-1.10%) NASDAQ-11,883 (-1.12%) CBOE VIX – 26.21 FTSE 100 – 7,362 (-0.88%) STOXX 600 – […]]]>

Welcome to Charts and Caffeine – Livewire’s pre-market news and analysis digest. We’ll take you through the session overnight and share our best ideas to better prepare you for the day of investing ahead.

MARKET ENVELOPMENT

  • S&P 500 – 3,986 (-1.10%)
  • NASDAQ-11,883 (-1.12%)
  • CBOE VIX – 26.21
  • FTSE 100 – 7,362 (-0.88%)
  • STOXX 600 – 419.57 (-0.73%)
  • SPI FUTURE – 6,858 (-0.87%)
  • United States 10 years – 3.117%
  • USD INDEX – 108.79
  • GOLD – US$1,736/oz
  • CRUDE WTI – US$92.25/barrel
  • DALIAN IRON ORE FUTURES – US$105.28/T

(THE LAST) BENEFITS WRAP

So let’s go. The very last earnings season of the month – and what a month it was too. For our exclusive analysis of some of the best ASX companies, click here:

Shares

How the Broker Reporting Season’s Top Stocks Stacked Up

In the meantime, here are the latest results. Woodside Energy (ASX:WDS) increased its dividend and announced a 400% increase in profits and an increase in revenue. But you would expect that after the year Crude Oil was right? So is it still a purchase for Hendrik Bothma? Find out here. IGO (ASX:IGO) meanwhile posted a 34% rise in full-year revenue to nearly $1 billion, but saw profits plummet. The final dividend was also halved but Mathan Somasundaram says that’s no excuse not to wait for a good entry point. Meanwhile, the infant formula shortage has, as expected, done wonders for Bubs Australia (ASX: BUB) after it saw revenues double and net losses shrink. Finally, Healius (ASX:HLS) cut its final dividend despite a more than 600% increase in net profits. What a way to send August.

And now that it’s over, we can all have a break.

SPOTLIGHT SECTOR

Today, the stock to watch is an entire sector. UBS has written an industry note on the ASX lithium space. And to say they have a bullish view is probably a disservice.

The team analyzed over 100 projects in the ASX space and as a result, they raised their lithium price forecast by up to 38%. As supply continues to struggle to meet demand, they believe battery-grade lithium could cost as much as $15,000 a ton in the not-too-distant future. Here are analysts Levi Spry and Lachlan Shaw:

We expect supply growth to come from both brownfield expansion and greenfield development, but at higher cost and risk, which underpins our higher long-term prices. Therefore, we are increasing our prices in the long term.

China is, of course, the elephant in the lithium debate room. The country dominates the global lithium-ion battery supply chain. An estimate from BloombergNEF suggests that figure could be as high as 80%. Not to mention the fact that 6 of the top 10 battery producers in the world are based in the tiger economy.

But the problem with this kind of domination is that producing in ex-China makes life more difficult and costs a lot more. Therefore, if companies try to source from elsewhere, the time and effort required to do so will only add to the cost curve.

That’s why these predictions are so important now.

So what does all of this mean for lithium stocks? Buy them all, say UBS! Allkem (ASX: AKE), IGO (ASX: IGO) and Mineral Resources (ASX: MIN) are all a buy. And before you ask, Pilbara Minerals (ASX:PLS) and smaller Australian space players are not covered by the broker.

THE QUOTE

The European energy crisis is Europe’s subprime moment.

This quote from Jonathan Pain from The Pain Report really puts the sting in the tail. And he’s not wrong either. Think of the ramifications this war has had on the Eurozone economy. The euro is below a 20-year low against the US dollar. Gas prices are through the roof across the continent. Anecdotal evidence suggests electricity prices are skyrocketing in the UK, including at this humble cafe in Leicester:

Now, again, this war has been dismissed as a short-term conflict. It quickly became a continental nightmare where the noise can no longer be ignored.

THE CALENDAR

And speaking of Europe, it’s Eurozone CPI night tonight. The headline inflation forecast is – get it – 9%. Even core inflation is over 4%, so base effects are also feeling the heat. How serious will be the prolonged effects of this war on European households and businesses?

The Canadian GDP and US ADP employment report also rolls out tonight. The latter is only interesting because, in the past, it has been a clue as to the general direction of the US labor market. Recently it has been less reliable (particularly on the base figure for the number of jobs actually created per month).

GRAPHS

Two charts to consider today – and both are the bond market after Jerome Powell’s speech in Jackson Hole. If you think the bond market isn’t sending signals or doesn’t matter, I have news for you. Let’s first look at the US 2-year yield over the past year:

It’s hardly a peak when the ramp-up has been so strong. (Source: Bloomberg)

If you know anything about the US yield curve this year, it’s been defined by huge runs at the short end of the curve. Now consider the following chart, which discusses historical reversals and their proximity to recessions:

You might have to squint for this chart, but all you need to know is that the yield curve has inverted at each point before each red arrow on the chart.

This, in itself, is not really remarkable. I’ve talked about yield curve inversions in this package and on Signal or Noise. But what’s interesting is that the inversion we see now is actually worse than before the global financial crisis of 2007/08. Conclusion? The bears are right to roar again.

THE TWEET

Is it too early for a drink?
Is it too early for a drink?

Today’s report was written by Hans Lee.

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If you have a graph and/or statistic that you would like to see featured in a future edition of the newsletter, send us a note at content@livewiremarkets.com.

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Nightmare ‘NYC’ scam roommate kicked out of West Village apartment complex after 3 years https://indigodreams.net/nightmare-nyc-scam-roommate-kicked-out-of-west-village-apartment-complex-after-3-years/ Mon, 29 Aug 2022 01:42:20 +0000 https://indigodreams.net/nightmare-nyc-scam-roommate-kicked-out-of-west-village-apartment-complex-after-3-years/ A squatter who refused to leave a West Village apartment for two years has finally been evicted after a judge ordered his eviction. Marshall from New York came to the door of Heidi Russell’s West Village apartment to physically force squatter Kate Gladstone, 46, to leave the place she had called home for more than […]]]>

A squatter who refused to leave a West Village apartment for two years has finally been evicted after a judge ordered his eviction.

Marshall from New York came to the door of Heidi Russell’s West Village apartment to physically force squatter Kate Gladstone, 46, to leave the place she had called home for more than three years.

Photographers were on hand to capture the scene as Russell allowed authorities into his Barrow Street home while Gladstone appeared to be away.

Hours later, she was forced out when a locksmith arrived to change the locks and a marshal helped carry a trolley full of Gladstone’s belongings.

Kate Gladstone stuck her head out the window to see the town marshal being read to evict her

Moments later, the New York City Marshall could be seen removing Gladstone's belongings

Moments later, the New York City Marshall could be seen removing Gladstone’s belongings

Gladstone tried to hide her face from a waiting photographer as she was kicked out

Gladstone tried to hide her face from a waiting photographer as she was kicked out

A small group of people gathered outside the pad to watch the antics for themselves.

Gladstone is accused of racking up $72,000 in back rent and terrorizing the woman who rented it to him.

During the commotion, she stuck her head out of a side window to see what she might be facing.

Russell said the scammer had made his landlady’s life “unbearable”.

She moved in in June 2019 with her daughter and dog. Russell’s mother then fell ill soon after and she asked Gladstone to move out so she could live with her sick relative, but Gladstone refused.

Gladstone was later spotted walking her dog after they were kicked out of the West Village pad

Gladstone was later spotted walking her dog after they were kicked out of the West Village pad

A town marshal is seen with a locksmith who was able to gain access to the flat while Gladstone was out

A town marshal is seen with a locksmith who was able to gain access to the flat while Gladstone was out

Owner Heidi Russell is seen after Gladstone's eviction - a weight on her mind

Owner Heidi Russell is seen after Gladstone’s eviction – a weight on her mind

The shameless squatter only paid one month’s rent of $2,000 before claiming hardship in a bid to delay any eviction attempts.

She had another stroke of luck when the COVID pandemic in March 2020 triggered a state moratorium on evictions, making it impossible to evict tenants.

But Russell’s ordeal – which saw her even stalking the streets to avoid meeting Gladstone at her rented apartment – finally came to an end after that rule was lifted earlier this month.

Gladstone has vowed to appeal the decision – but his chances of returning to Russell’s flat appear slim.

She covered her face and refused to comment when confronted and photographed being kicked out.

Kate Gladstone allegedly stole food from Russell, allowed her dog to urinate in the apartment and took up much of the space

A judge has ruled Kate Gladstone can finally be evicted from the apartment she was squatting in, taking her daughter and refusing to move out despite not paying rent

x was forced to live with Kate Gladstone for over three years and said Gladstone 'turned me homeless during the pandemic'

Russell was forced to live with Kate Gladstone for more than three years and said Gladstone ‘made me homeless during the pandemic’

Gladstone” flew out of the hilt shouting, ‘No, no, impossible, you’re going to ruin my life. … I’m not leaving,” Russell told the New York Post.

In court documents, Russell claimed that Gladstone’s method of substantiating this claim involved moving her daughter into the bedroom she was renting, while she slept in the living room.

Newspapers also said that Gladstone threatened to sue Russell and that she moved boxes of her belongings into the living room.

Despite Russell’s request, Gladstone continued to refuse to leave, stopped paying rent, and attempted to repossess the apartment for herself.

But a housing court judge, Evon M. Asforis, ruled on August 5 that Gladstone should be evicted from the apartment because she had made life “unbearable” for Russell.

According to court documents from 2019, when Russell first sued Gladstone, the new roommate took over the living room, kitchen and bathroom, removed smoke detectors and wrote strange messages directly on the walls.

“We’re well over $50,000 in debt, and we’re growing every month, because of all of that,” Russell said last year. “We cannot leave this to one judge. This is my life, this is our home. It’s like they don’t care.

Gladstone would spray Russell with cleaning chemicals and saturate doorknobs and doors with the liquid, according to the lawsuit filed by Russell

Gladstone would spray Russell with cleaning chemicals and saturate doorknobs and doors with the liquid, according to the lawsuit filed by Russell

Additionally, Russell claimed Gladstone, a self-proclaimed documentary filmmaker, would spray her with cleaning chemicals and saturate doorknobs and doors with the liquid, according to the lawsuit.

Russell said she resorted to using the bathroom at friends’ houses or nearby laundromats, while trying to avoid interacting with Gladstone and her daughter by wearing headphones when she came home.

Another of Gladstone’s behaviors, according to Russell, was to sit in the dark and then tape it when Russell came home.

Russell told the newspaper that Gladstone stole her food, approached her when she used the bathroom or kitchen and allowed her dog to urinate inside the apartment. Russell said Gladstone also accused her of scaring her daughter.

Russell said Gladstone was due to be evicted from her home in March, but the coronavirus prevented that from happening as the courts banned evictions during the pandemic.

Therefore, Russell said she would have to leave her own apartment during the day to avoid Gladstone.

“She made me homeless during the pandemic,” Russell told the newspaper. “I am in the street, with my mask and my old dog in a carriage. He just took over our lives.

Gladstone’s face was even plastered on posters around the neighborhood, along with the phrase “#WestVillageGrifter” and a warning to other residents to “please alert your neighbours”.

The 129 Barrow Street flat was meant to be a short-term home for Gladstone, but she used the eviction moratorium to continue making Russell's life

The flat at 129 Barrow Street was meant to be a short-term home for Gladstone, but she used the eviction moratorium to continue making Russell’s life “unbearable”.

Russell said she would have to leave her own flat during the day to avoid Gladstone

Russell said she would have to leave her own flat during the day to avoid Gladstone

Russell said she was stuck with Gladstone until July when the woman suddenly left for 17 days.

Meanwhile, Russell said she changed the locks out of fear that Gladstone had shared the keys with someone else. When Gladstone returned and was unable to fit inside the flat she was allegedly squatting in, she went to Housing Court to claim she had been unlawfully locked out.

A judge ruled that Russell must allow Gladstone to return home and that only city marshals could legally remove her.

Gladstone abused the eviction moratorium that was put in place during the pandemic, saying she was facing financial difficulties that put the case on hold for months.

Court records obtained by the newspaper say she was charged with squatting, harassing landlords and refusing to pay rent, and was arrested twice – once for alleged harassment and a second time for forgery and robbery. after allegedly stealing an ex’s credit card and using it to pay for hotel rooms.

Matt Titus, an author and matchmaker who rented his West Village apartment from Gladstone in 2017, told the newspaper that she was “absolutely one of the most vile and terrible human beings I have ever met”. .

He claimed she squatted in his apartment, with her daughter, for months, ruining his credit and leaving him $20,000 in debt.

Potential owners have now been warned to be on the lookout for Gladstone, lest she strike again and make someone else’s life a misery.

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Patriot Gold Group Expands ‘2022 Inflation Protection IRA’ with Preferred Platinum Level No-Cost Life IRA https://indigodreams.net/patriot-gold-group-expands-2022-inflation-protection-ira-with-preferred-platinum-level-no-cost-life-ira/ Thu, 25 Aug 2022 13:31:07 +0000 https://indigodreams.net/patriot-gold-group-expands-2022-inflation-protection-ira-with-preferred-platinum-level-no-cost-life-ira/ “Wake Me Up At The End Of September” – Green Day LOS ANGELES, August 25, 2022 /PRNewswire/ — September is right around the corner, and warnings of an aggressive rate hike are echoing the already worried, battered and battered halls of Wall Street. According to BARRON’s and Wall Street, “The S&P posted an average 1% […]]]>

“Wake Me Up At The End Of September” – Green Day

LOS ANGELES, August 25, 2022 /PRNewswire/ — September is right around the corner, and warnings of an aggressive rate hike are echoing the already worried, battered and battered halls of Wall Street. According to BARRON’s and Wall Street, “The S&P posted an average 1% loss in September – dating back to 1928 – that’s worth the month of the year.” “The same goes for the Dow Jones dating back to 1896, it’s the worst monthly performance for either index in the calendar year. The likelihood of a three-quarter point interest rate hike in September has increased last week.” Another warning echoing throughout Wall Street “don’t fight the Fed” is making headlines in addition to the worst performing month of the year, many believe this coming September could spell disaster.

Patriots Serving Patriots announces reimbursement of “stagflation protection” fees on many retirement options before October 1.

JP Morgan expects another large rate hike by the Fed in September, given that “there was little evidence to date that inflationary pressures were easing.” the case for another mega rate hike next month.”

JP Morgan’s Jamie Dimon has warned wealthy clients there’s a chance the US is heading for ‘something worse’ than a recession’ and ‘storm clouds’ are looming ahead. horizon, including federal monetary policies, Russia’s invasion of Ukraine and rising oil prices, JP Morgan reportedly put the odds of a “soft landing” at around 10%.Steve Forbes backed Jamie Dimon’s outlook and reiterated ‘a storm is brewing’ and a ‘great financial crisis’ is ahead.Economist Nouriel Roubini said there are two options for the US economy, given the campaign the Federal Reserve’s most aggressive tightening in decades: a hard landing for the economy or persistently high inflation, who believes it will be difficult for the central bank to avoid a deep and painful recession, also called hard landing.

Morgan Stanley’s Mike Wilson warns summer stock market rebound is a ‘trap’ and Blackrock said summer stock market rally ‘not worth chasing’ ‘risk of disappointing results is one why we are tactically underweight equities”. Citi Global Chief Economist Nathan Sheets said “recent economic data has been central bankers’ worst nightmare, on the one hand I would say there is very clear evidence of a slowdown in the global demand and on the other hand, there is clear evidence that inflationary pressures persist.”

Bank of America recently forecast that the Fed would be forced to cut rates in 2023 to fight a mild recession, “and if the Fed cuts rates to stimulate demand, quantitative tightening is likely – where the central bank sells assets to drain liquidity – According to Rich Checkan, president and co-founder of Assets Strategies International, “what the Federal Reserve does next could push gold up to $2,400 an ounce in the next 12 months “.tightening once the economy starts to slump, adding that we still have one or two rate hikes left in the US before the Fed CUTS rates.” I don’t think Powell is ready to risk a horrible recession, inflation is so much further at this point in interest rates than what Volker started to face.”

Wells Fargo said “the strength of the US dollar has hurt the price of gold, robbing it of its safe-haven appeal, but that’s not a game-changer for gold which may still end the year on top. $2,000 an ounce. Wells Fargo’s year-end gold price target is still at $2,050 an ounce, which they consider reasonably achievable given recession stories. ” Rob McEwen of McEwen Mining Corp. agrees with the market sentiment, “The Fed has created a monster with monetary expansion and low interest rates, it’s going to take some time to tame that. “Amidst this economic turmoil, he sees an opportunity in gold. McEwen predicts $5,000 an ounce of gold in the ‘next two to three years.'” It’s just market rotation. from one sector to another… when suddenly the mood changes, and it becomes less optimistic, then one wonders “How can I preserve what I have?” “And gold has served this function for millennia.”

Jeffries Group said “Gold remains a critical hedge as the threat of stagflation – an environment of low growth and higher inflation continues to mount” Jeffries maintained that its long-term guidance remains in place for the gold prices reach $5,500 an ounce.

patriots Portion Patriots announces reimbursement of “stagflation protection” fees on many retirement options by October 1, 2022.

Patriot Gold Group recorded record attendance for its “2021 Inflation Protection America First IRA” with our NO FEES FOR LIFE IRA for eligible IRAs. Patriot Gold Group extends the benefits and features of our NEW “Platinum Tiered NO FEE FOR LIFE IRA Inflation Protection” and waives fees for dedicated, secure, and insured storage of your safe-haven assets so that you – a fellow American – have one less to worry about. Patriot Gold Group has introduced our “Platinum Tiered No Fee For Life IRA” with additional benefits such as payment for unqualified storage and insurance and registered and insured shipping on distributions.

Call the Patriot Gold Group at 800-974-4653 (GOLD) for exclusive details on our incentives, or if you simply have questions regarding current market performance. We’re here to help, serve, and adhere to the principles that have helped Patriot Gold Group recognize Patriot Gold Group as the Top IRA Gold & Silver Dealer Nationwide for an unprecedented six consecutive years (that’s i.e. 2016-2022) with the Better Business Bureau.

About Jack Hanney Jack Hanney is the CEO and co-founder of Patriot Gold Group, and a nationally sought-after financial speaker and guest. Recently featured on Fox Los Angeles Have a nice day LA, Newsmax, OANN and FOX23 Tulsa, he is frequently interviewed about the global health crisis and its impact on the global economy. Here: FOX23TULSAJACKHANNEY (PLEASE click on the LINK).

About Patriot Gold Group Patriot Gold Group (www.patriotgoldgroup.com) is a national investment group with over 50 years of precious metals investment experience. The company has been ranked Top IRA Gold & Silver Dealer by Consumer Affairs for an unprecedented six consecutive years (i.e. 2016-2022), rated A+ by the Better Business Bureau, achieved a 5-star TrustPilot rating , endorsed and sponsored by political consultant Donald J. Trump, Newsmax host and Patriot client Dick Morris.

Patriot Gold Group (PRNewsfoto/Patriot Gold Group)

Quote View original content to download multimedia: https://www.prnewswire.com/news-releases/patriot-gold-group-expands-its-2022-inflation-protection-ira-with-a-preferred-platinum-tier -no-fee-for-lifetime-ira-301612274.html

SOURCE Patriot Gold Group

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