Category Archives: Economic News

VTA Publications Is A Friend Of The Little Guy

Many people have tried to figure out just how some of the wealthiest billionaires in the world have been able to get to where they are. Whether it’s through running a successful business, making shrewd investments and stock trades, many of these people in the 1% knew something along the way that helped them get there. One man claims he knows the secrets about this that big banks and wealthy investors don’t want you to know about and is willing to share them in his videos and in his company’s publications. This man is Jim Hunt, an investor from the UK who is helping the little guys get to where the big guys are.

 

One way Hunt is doing this is through showing people how to use stock charts. He has a YouTube channel by which he gives tutorials on using stock charts and making profits through trade execution. Jim Hunt believes the task isn’t as difficult as some experts try to make it, and he helps simplify the process for beginners. Hunt also explains how money is transferred in a bear market through “Wealth Wave,” a program with information on what some of the savviest investors have done when a bear market comes. He also shows how 10 trades could make someone rich in “Making Mum a Millionaire.”

 

Hunt started a company where the “little guy” could find out how to become financially independent, and learn even more about stock trading and investing. This company is VTA Publications, a financial publication company that ships its materials all over the world. The company has three subjects that they specifically show their readers: Retirement Planning from the Bible, Little-Known Options Trading Strategies, and booklets about learning stock charts. In addition, VTA Publications has recorded seminars from some of the most brilliant business minds around the world covering subjects from business startup to advanced investing strategies. To order any of the materials including the seminars, you can go to www.vtapublications.com and choose any materials you’d like. You can also find informational articles published on the site.

George Soros position on Brexit

George Soros is a billionaire currency trader who is pledging support for the United Kingdom to stay in the European Union. He says that British exit from the European Union could affect the living standards and trigger a plunge in the British pound.

George Soros is afraid that the pound might fall by at least 15% and possibly to 20%. He argued that this might be a repetition of what happened in September 1992, when Britain exited from European Exchange Rate Mechanism ended up with the currency losing 15% in its value. David Beckham, a soccer star together with his wife Victoria has supported Soros.

George Soros says Brexit from the European Union can likely bring a decrease in manufacturing exports. He explains that if the pound falls to this rate then 1 Pound will be worth about 1 Euro and no one in the Britain would want this. George Soros says in 1992 British government broke down Exchange Rate Mechanism and led to devaluation which proved helpful to the British economy. This devaluation was healthy because the government relieved of its obligation to defend an overvalued pound. He predicts, this time, such devaluation will not be favorable to the Britons.

George Soros states that he would expect this devaluation to be bigger and disruptive since the pound is likely to fall at a high rate if there is a vote to support Brexit. He calls upon people to first consider the consequences of leaving the European Union before they cast their votes. The reason being many of Britons think that there is no effect on their personal financial position.

Read more:
How Billionaire George Soros Profited From Brexit’s ‘Black Friday’

George Soros | Open Society Foundations (OSF)

Soros says that citing estimates from multiple authorities including the Bank of England and the International Monetary Fund, the average income loss per household due to the fall in British currency will be around $4,400 to $7,335. He understands the fluctuations in the British currency from the experience of 1992.

He argues that the bank of England cannot cut rates from already low levels simply because the United Kingdom has a massive current account shortage and it’s hard to see another cash inflow. He says today there are speculative forces in the markets much bigger and powerful. These forces will be much eager to exploit any mistake made by the British government. He warns that a vote for Brexit will make some people richer but most of the voters poorer. Soros give the Britons a piece of advice to be wise in making their decision on Britain’s exit from the European Union.

George Soros was born in Budapest in 1930 and is the chairperson of Soros Fund Management LLC. He is a successful investor in the currency market.

Learn more about George Soros:
 http://topics.wsj.com/person/S/george-soros/209

Venezuela Pays $30 million to Dairy Farmers in Uruguay

Venezuela has just made a significant payment to Uruguay as compensation for food imports owed to dairy farmers in Uruguay as reported by Dateas.com. The payment was for
$30 million, which represents only thirty percent of the $100 million
owed. However, President Nicolas Maduro of Venezuela believes that this
payment is a good step towards paying the outstanding balance for food
imports from Uruguay which has arisen under a food import deal..

Venezuela has been struggling financially according to expert Adrian Jose Velasquez Figueroa as its country has not been
investing in their infrastructure including both energy and food
production. The country imports a significant amount of food from
Uruguay, of which a significate amount comes from dairy producer and
exporter Conaprole, located in Uruguay. The payment of $30 million will
go towards small dairy producers based on Adrian Jose’s computation, per Enzo Benech, a government official
in Uruguay.

In addition to these $100 million announced, Venezuela owes $267 million
to Uruguay under a multimillion dollar food import deal but has only
deposited a fifth of the total today. The $30 million payment noted above
therefore represents a good faith payment against the total balance, which
has helped to improve relations between the two neighboring countries.