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U.S. Money Reserve Gives Insight on Squawk Box

The U.S. Money Reserve is a private distributor of gold, silver, and platinum products. The company provides investors with the ability to diversify their assets in the form of precious metals, most of which are in the form of gold and silver coins. The U.S. Money Reserve was founded in 2001 and has a strong team of analysts and economists that help to ensure that their investors are able to make prudent decisions when it comes to investing in bullion of precious metals. The company is led by Philp Diel, the President of the company.

This past week, the President of the US Money Reserve, Philip Diel, made an appearance on Squawk Box, a popular news and economic program on CNBC. The interview was based largely on prior declarations made that the expenses associated with the penny far outweigh its actual value or use.

During his recent interview, Diehl continued to state that the penny is hardly even in use anymore and due to inflation in the dollar and in the cost of copper, there is no need to continue to produce the coin. He further made the point that if you bent over to pick up a penny off of the street, you would actually be making less than minium wage for the amount of time you spent grabbing the coin. Overall, eliminating the coin from the marketplace would save the country over $100 million every year.

The host of the show countered with the idea that if the penny is no longer produced and slowly taken out of circulation, that it could lead to price inflation and distort prices. Philip Diehl was then quick to point out that today less than 25% of all transactions are paid in cash and that this will likely continue to decline in the future as more and more transactions are completed online.

While many people are in support of the U.S. Money Reserve’s decision to consider eliminating the penny, some critics believe that they are not taking the decision far enough. Many people are quick to point out the fact that the nickel is also not cost-effective. While the nickel is only worth five cents, the materials and process to make the coin equal closer to ten cents.

George Soros Russia Ban

George Soros’ Charities Not Distracted by Russian Ban.

George Soros exhibits the energy of a twenty-year-old even at 85 years. Born in 1930 in Budapest, Hungary, George Soros has seen and done it all. He has traversed all continents in the world and left an indelible mark in the hearts and behaviors of many communities. The people of Ukraine and South Africa owe George Soros lots of gratitude.

George Soros climbed to the top of the ladder in investment banking and made a fortune. He has partnered with other successful investors around the world and made a fortune. In 1979, George Soros began yet another noble initiative, the Open Society Foundations. Commonly abbreviated as OSF, the movement receives the backing of George Soros, who doubles up as the founding member and chairperson.

At the time of establishment, George Soros had also founded a hedge fund registered under his name. The assets owned by Soros hedge fund were valued at $100 million while his accumulated wealth counted at around $25 million. The movement spread fast and contributed towards many projects around the globe before Mr. Soros’ retirement in 1990.

The central tenets of the network of organizations include free and critical thinking, embracing diversity, education, health, human rights and freedoms as well as democratic governance. George Soros character makes him stand out and survive even in controversial situations. Recently, he dismissed the actions of the Russian authorities of banning two open society groups in Northern Russia as just a temporary aberration.

These two groups spread democratic and humanitarian ideals across the society. In a statement released by the groups, they expressed their dismay since the local authorities and the citizens had welcomed and hosted them for twenty-five years. During this time, the ideals of an open society had resonated well with the Russian people. In return, the networks of OSF’s in Russia are observed to advocate for good governance and human rights.

In 2015, Russia accused the two groups of violating the principles of the Russian Federation and its Constitution. Such allegations prompted the ban imposed by the prosecutor’s office. The ban statement placed the groups among a list of other groups categorized as security threats to the rule of law and harmony.

The societies refrained from issuing a public statement until the turn of the year when further attacks on Open Society Foundation in Russia ensued. It was reported by various media outlets that library textbooks had been shredded and other burned. These books were specifically targeted since they were donations made by the groups affiliated to George Soros. The nature of the January 2016 incident raised eyebrows as it was carried out by government officials from the education and security sector.

George Soros remains critical of such actions and other aggressive policies implemented by the Russian government over the past years. It was always likely the ideological differences between Soros and Russian authorities would boil over to the current tensions. Some of Soros’ publications on the collective need to tame Russia may have triggered the reaction.

Business, Technology and Shaygan Kheradpir’s Contribution

Business trends have changed in the last one decade especially due to the advancement in technology. The evolution of the internet as well as discovery of technological devices has changed so many ways in which people conducted their activities including business. Business people have been forced to adjust so as to catch-up with the current trend.

Shaygan Kheradpir is among the most well-known top business executives in the line of technology. He has worked in so many companies where he has been involved in improving the technological infrastructure of the firms so as to improve their efficiency in offering services to the customers. He is currently working with Coriant as the chief executive officer after succeeding Pat DiPietro in 2015.

He was born in London in 1960 and was raised in Iran where his father was a medical practitioner. He studied in the United States’ Cornell University where earned a bachelor’s in electrical engineering. He proceeded to earn his master’s and doctoral degree in electrical engineering from the same institution.

His first job was at GTE Lab where his roles involved control and management of network routing. He rose through the ranks to become the chief information officer where he introduced new products into the business. The merging of GTE and Bell Atlantic to become Verizon Communications saw him become the president of the newly formed company e-business. Through his expertise and experience, he was able to come up with new methods of communications as well as new products which saw the company cut down the cost of operation.

He later moved to Barclays as the chief operating officer in January 2011. His hard work saw him get promoted to the position of the chief operations and technology. He later moved to Jupiter Network as the chief executive officer where he was instrumental in developing a cost reduction plan. Kheradpir later on moved to Coriant where he is the chief executive officer currently.

It is through his innovativeness which is important in the technology field that has seen him rise to the top of his career. He is engaged in other activities such as donations to various community activities such as healthcare and education. He also sits in various boards where he gives his opinions especially on technological matters.

The Person To Turn To For Your Investment Needs

Brad Reifler is a serial entrepreneur who is best known as the chief executive and founder of Forefront Capital since May 2009. He is also the chairman, CEO and former founding partner of Pali Capital. Pali is a global financial services firm. Before founding Pali, Brad was a star trader at Refco.

With years of experience as a trader and entrepreneur, Brad has had a lot of success with many companies in the US. His professional independent career started in the early 1980s after he founded Reifler Trading Company. The firm has managed global derivative advisory and hundreds of millions in dollars in discretionary accounts and execution services. RTC rose to one of the biggest independent futures operations. In the year 2000, Brad sold the business to Refco Inc, the largest futures company in the world.

Before Brad sold the trading company named after him, he was expanding himself as a professional in the financial services and as someone who could be trusted globally. He founded Pali Capital in 1995 as a sell side broker dealer strictly focused on equity markets. During his tenure as the CEO of Pali, the growth was staggering. Pali did an excess of 1 Billion dollars in commission income, had offices in four continents and employed more than 300 people.

Currently, Brad works as the CEO of Forefront Advisory. This company specializes in providing advice to forex and commodity traders. The commodity market is notoriously volatile and the foreign exchange is even worse. This is why Brad’s expertise is so sought after for anyone looking make more than a living investing, his home shows how far you can take his really incredible investment tips.

Thanks to the subsidiaries under the Forefront umbrella, Brad has been able to attract top investment bankers, business leaders and registered investment advisers to the firm. Forefront’s principals through the thirty years of being on Wall Street have attracted some of the most highly influential and respected leaders to its platform. These unique opportunities that have been introduced to the firm have been successful due to the web of relationships which come from the Community. The collegial and collaborative environment at Forefront encourage people to share the most important asset, their relationships.

With a degree in economics and political science from Bowdoin College as Wikipedia shows, Brad is a director at Sino Mercury Company, and a former director of Genesis Securities, Foresight Research Solutions and European American Investment Bank.

Manhattan Condo Prices Continue to Rise

While many buyers became nervous following the fall slump in Manhattan condominium prices, The Aggregate fourth quarter real estate report by TOWN Residential on townrealestate.com shows that prices rose 11 percent over the close of 2014, and rose 7.6 percent during the last quarter proving that the fall slump was just a slight bump in the road.

The report found that on the last working day of 2015, there were 4,326 condominiums for sale in Manhattan and 3,637 on the market in other areas of New York City. Comparing the asking prices on these condominiums shows a very balanced market with 493 units priced over $10 million, 601 units priced over $5 million but less than $10 million and 1,132 units priced more than $2 million but less than $5 million.

In analyzing the report that was originally posted on Virtual Strategy Marketing, founders of Town Residential, the premier luxury real estate agent in New York City, says that buyers are still prepared to buy these properties. They find, however, that buyers are no longer willing to purchase at any price. Therefore, some properties are staying on the market longer than they have in recent years.

The founders also say that resale of existing properties remains somewhat soft since the sharp increases in prices is due mainly to the sale of new trophy condominiums. The size of the unit remains an important selling point with the purchase price of a square foot rising 11 percent over 2014. This is a trend that is likely to continue for the foreseeable future.

The Charitable Donations of Bruce and Karen Levenson

Universty of Maryland’s philanthropy center which was started three years ago by Karen and Bruce Levenson has quickly become one of the most well known centers for philanthropy in the nation. This is due to the continuing support of donors and government programs that continuously push the center forward. The Center for Philanthropy and Nonprofit Leadership gives individuals the skills that they need in order to become professionals in the field of philanthropy and non-profits. The center is also doubling as a dorm from 60 freshman who can also enroll in courses based in philanthropy and non-profits. Bruce Levenson has stated that his center has 2 purposes. The purposes of this center is to not only teach students to become the next generation of leaders in the world of non-profits, but it is also meant to inspire students to become future philanthropists as well. This center is growing quickly and looks to have a bright future ahead. To read more about this center, you can read the full release at PR Newswire.