Friday, March 22, 2013

Every cloud has a silver lining

Difficult Times & Silver Lining
"Every cloud has a silver lining," means that you should never feel hopeless because difficult times always lead to better days; every difficult situation has a bright side.

Difficult times are like dark clouds that pass overhead and block the sun. When we look more closely at the edges of every cloud, we  see the sun shining and illuminating the clouds like a silver lining.

Monday, March 18, 2013

Panicked EU Citizens Run On Banks & ATM's

Over the last few years political and financial leaders in Europe and the United States have implemented policies, regulations and bailouts costing global taxpayers trillions of dollars with the promise that these measures would lead to economic growth and recovery.

What happened in Europe today is yet further proof that nothing they’ve done has fixed the underlying fundamental issues surrounding the events that led to the crash of 2008.

For those who don’t believe the government is prepared to take extreme measures that may include the seizing of retirement accounts, cash savings or even gold, look no further than Cyprus, the latest recipient of bank bailouts.
As of right now, citizens of Cyprus are scrambling to withdraw funds from their bank accounts after the EU, with agreement from the Cypriot government, announced they will decimate funds held in personal bank accounts to the tune of up to 10% of existing deposits. You read that right!

The European Union has made the determination that the people of Cyprus are now responsible for the hundreds of billions of dollars in bad bets made by their government and bank financiers, and they are moving to confiscate money directly from the bank accounts of every citizen in the country.
Restrictions have been imposed to stop people emptying their accounts or moving their money out the country after the Cypriot government announced that up to ten per cent of deposits will be seized and used to bailout the island’s crisis-hit banking system.

The deal with other eurozone finance ministers is the first time that ordinary citizens’ deposits have been directly raided in this way. They’re calling it a “tax.”
As Market Ticker’s Karl Denninger notes, “Like hell that’s a tax.  That’s direct confiscation of the funds of people who did nothing wrong!”

It should now be obvious. There is no recovery. There never was.
No matter where you live, your government is likely preparing measures to deal with the coming financial and economic collapse. This means they are going to be coming for anything of value that they can get their hands on.

If you have the majority of your net worth allocated in bank accounts, money market funds, retirement plans, stock markets or the host of other ‘safe’ assets recommended by your financial adviser, then you are playing Russian roulette.
And in this version there’s a bullet in every chamber.
When they come, they will take everything they can.

Wednesday, March 13, 2013

Priviley Announces New Software Launch!

Priviley Launches Cloud-based Accounting Software | SysCon Media

Priviley LLC - A Delaware Corporation

Priviley, a Delaware limited liability company, is a proven firm that excels in accounting services and financial consulting. From their offices in Boston, Priviley executives announced the debut of their new cloud based accounting and finance management module, codenamed Beacon. The new software allows greater control and anywhere access to critical financial data and reports, while dramatically reducing costs and overhead. It is immediately available to their current clients and will be introduced to new clients in a schedule that is to be disclosed at a later date.

Priviley Launches Cloud-based Accounting Software | BusinessWire

A list of services and contact information can be found here. Current clients and prospective clients can learn more about our Cloud System here.