Leasing gold: How the wealthy are earning money from their unused bullion
Growing Demand for Gold Leasing Gaurav Mathur, who started SafeGold, a platform focused on gold investment, mentioned that many of his affluent clients are now more at ease with lending their gold holdings. This shift seems noticeable, especially in recent months. This year, gold prices have surged by about 55%, after falling back from the […]
Sore Liu-ser: Wealthy ‘Kill Bill’ actor complains about the predominance of white people in Hollywood
Boo Boo, Lucy Liu The veteran actress is getting involved this awards season with her latest film, “Rosemead”, which explores the challenges of an immigrant struggling with a troubled teenage son. Naturally, she’s making the rounds, connecting with the press to advocate for a possible Best Actress nomination. When it comes to the pursuit of […]
Trump Criticizes Wealthy Insurance Companies. Progressives: ‘Just Wait Until You Hear About Medicare for All’
Trump’s Stance on Health Care Funding On Tuesday, President Donald Trump stated he wouldn’t endorse any health care solution that channels funds to what he described as “the big, bloated, wealthy insurance companies” that have profited immensely over time. He emphasized that if progressives aim to extend coverage while reducing costs by eliminating for-profit private […]
GOP candidate Greg Hach criticizes Long Island Representative Tom Suozzi, calling him ‘Taxman Tom’ for targeting the wealthy.
Criticism of Congressman Suozzi’s Tax Proposal Intensifies A Republican candidate aiming to replace Long Island Congressman Tom Suozzi is taking issue with the Democrat’s plan to increase federal taxes for individuals earning over $400,000 annually. Greg Huck, an Air Force veteran and lawyer, described Suozzi—who labels himself a moderate—as akin to New York City’s prospective […]
The wealthy are leasing their unused gold bars for profit while prices stay at record levels.
Gold Leasing Grows Amid Record Prices This year has seen gold prices soar to new highs, prompting wealthy investors and family offices to rethink how they store their gold. Instead of letting their bars collect dust in vaults, many are opting to lease their bullion. This approach, which generates interest, challenges the common notion of […]
Expensive gold pocket watch of wealthy Titanic passenger could be the priciest item ever auctioned.
Titanic Gold Pocket Watch Set for Auction Experts suggest that a gold pocket watch recovered from one of the wealthiest passengers on the Titanic could fetch a record price at auction. This watch belonged to Isidore Strauss, co-owner of Macy’s department store, who was aboard the ill-fated ship in April 1912 alongside his wife, Ida. […]
Wealthy tourists reportedly spent $90,000 to shoot civilians, including children, during ‘human safari’ trips to Sarajevo.
Investigation into “Human Safaris” in Sarajevo Italian prosecutors are currently looking into claims suggesting that wealthy foreigners paid over $90,000 for the chance to participate in “human safaris” in Sarajevo during the 1990s. Allegations indicate that additional fees were charged for the killings of children, which is quite shocking. This inquiry began after an Italian […]
UBS postpones transition for certain wealthy Credit Suisse clients, sources indicate
UBS Faces Setback in Credit Suisse Client Migration ZURICH, Nov. 11 – UBS has encountered a delay in transferring some of Credit Suisse’s ultra-wealthy clients to its platform, representing an unusual hiccup in what has otherwise been a relatively smooth integration process. This delay raises concerns about UBS’s ability to meet its end-March deadline for […]
Calls for taxing the wealthy arise as Gov. Hochul speaks at Zohran Mamdani and NY AG Letitia James event
SAN JUAN, Puerto Rico It’s definitely Zoh’s moment. Mayor-elect Zoran Mamdani made his way to Puerto Rico for the SOMOS political retreat, where he co-hosted a cocktail reception alongside Attorney General Letitia James, who is currently facing her own challenges. This event, held on Thursday, served as a celebration of his recent victory. Governor Kathy […]
Wealthy New Yorkers are anxious following Zohran Mamdani’s victory.
After Zoran Mamdani’s decisive victory, affluent New Yorkers are reaching out to their financial advisors, anxiously seeking ways to safeguard their assets and livelihoods, as reported by On the Money. The unrest among the wealthy began late Tuesday when Mamdani was elected. This wave of concern is likely to persist as these individuals contemplate their […]