Author name: Peter

Bank of Russia, Finance Ministry Sign Crypto Mining Regulations. Law Expected Soon

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Moscow's central bank and finance ministry have aligned themselves on regulation of cryptocurrency mining in Russia Federation. The State Duma will soon file the bill, which was unveiled by a high-ranking member. Financial Authorities Come to a Consensus About How to Regulate Mining of Digital Coins In Russia The Central Bank of Russia and the […]

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What Does a Gold IRA Mean?

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The gold IRA is a way to invest in gold and hedge against inflation. As the world has experienced tough financial times, layoffs and 401k losses, common citizens are looking for solutions to maintain their current standard of living. The Elevation Team believes that this crisis is a time for opportunity. Investing in gold through

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Russia Takes One Step closer to Using Bitcoin, Blockchain In International Trade, as Central Bank, Finance Ministry Reach Agreement on Draft Bill

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Both regulators reached an agreement on a draft bill that stated that bitcoin and other cryptocurrencies are necessary to facilitate international trade in the current climate. According to a report by Russian news outlet Tass, the Russian Ministry of Finance has reached an agreement with its central bank on a draft bill that allows bitcoin

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Precious Metals IRA

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The Precious Metals IRA allows IRA holders to hedge their investment portfolios by purchasing physical metals. Profits from the investments can be tax-deferred and transferred to another IRA account. The IRS has purity standards for the precious metals that are eligible for an IRA. Companies that offer this service include Augusta Precious Metals, BOLD and

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TD Ameritrade Gold IRA Review

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A gold IRA is a type of self-directed individual retirement account that allows investors to invest in gold. It allows investors to make pre-tax contributions and lets their investment earnings accrue tax-deferred. The contribution limits are the same as for traditional IRAs. The only difference is that the account is designed to hold physical gold

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‘Investors Run Out of Havens’ — An Erratic Pattern in US Bond Markets points to Deep Recession, Elevated State Risk

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The yields on U.S. Treasuries with long maturities have been volatile this year. This week, the 10-year Treasury yield surpassed 3.5% for only the second time in a decade. The Fed's 75bps rate hike saw 10-year Treasury notes rise to 3.642%, while two-year Treasury notes rose to a record high of 4.090% after the Fed

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