Vinod Khosla says Biofuels Surprise The Oil Market
March 19 (Bloomberg) -- Vinod Khosla, the biggest U.S. investor in green startups, talks about the outlook for biofuels and the oil market. (Source: Bloomberg)
Friday, March 19, 2010
Biofuels vs. OIL , Next Generation Biofuels are going to surprise the oil Market says Vinod Khosla
March 19 (Bloomberg) -- Vinod Khosla, the biggest U.S. investor in green startups, talks about the outlook for biofuels and the oil market. (Source: Bloomberg)
Bob Chapman : we owe foreigners 4 Trillion Dollars in Treasury bonds - America is Bankrupt
It is impossible to service our debt and the debt that is coming in every week - Bob Chapman
Bob Chapman we are going to have a deficit between 1.6 and 1.8 trillion dollars in this fiscal year , we are going to do that or something close to that for the next ten years , there is no conceivable way that we are going to sell bonds during that period of time to make up that deficit , so I think in the next two years the dollar will fall against other currencies ... and the small and medium business won't be able to get loan and that means the interest rates will rise.... Bob Chapman : we owe foreigners 4 Trillion Dollars in Treasury bonds - America is Bankrupt
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
S and P 500 May Reach 1,300 and Beyond in 2010 says Linda Duessel
S&P 500 May Reach 1,300 and Beyond in 2010
March 19 (Bloomberg) -- Linda Duessel, market strategist at Federated Investors Inc., talks with Bloomberg's Carol Massar about the outlook for U.S. stocks, Federal Reserve policy and Federated's equity strategy. Duessel says the Standard & Poor's 500 Index could exceed 1,300 by the end of 2010. (Source: Bloomberg)David Tice on The U.S. Stock Market Outlook
March 19 (Bloomberg) -- David Tice , chief portfolio strategist for bear markets at Federated Investors Inc., talks with Bloomberg Television about the outlook for the U.S. stock market. (Source: Bloomberg)
Copper should breakout on higher side
Copper should breakout on higher side
In an exclusive interview with CNBC-TV18, Bharath Kumar, Global Financial Market, discusses various commodities and gives his outlook going forward.Guide to New Credit Card Rules - The New York Times
Guide to New Credit Card Rules
New York Times columnist Ron Lieber finds that there is some cause for concern in the sweeping credit card legislation that passed the Senate on Tuesday.Gold Set to Go Higher Francisco Blanch of Merrill Lynch global research says
Gold set go higher as concerns of European sovereign debt continue to mount , gold trading presently at $1112 , Francisco Blanch of Merrill Lynch global research says The Euro is going to come down gold is going to go up and that trends won't change ...
Thursday, March 18, 2010
9 Good Reasons Why It is Worth Accepting Credit Card Payments to Improve Your Business
The reasons why it is advantageous for your business to accept credit card payments is that it increases your sales; it promotes better cash flow; it involves fast and easy processing; it helps you keep up with the competition in the industry; it keeps your funds secure; it continually presents better features; it helps you save on some costs; it promotes positive image of your business; and it ensures full support from your provider.
You may be wondering if it is even worth spending a penny from your business to be able to accept credit card payments considering the costs involved. Well in the truth is, its advantages will supersede the expenses you incur. Here are the main benefits of accepting credit card payments:
It increases your sales
The best advantage in accepting credit card payments is that it gives you great opportunity to increase in your sales. It expands customer base, attracts and retains customers, automatically converts foreign currencies, and allows installment payments for your customers, which all lead to the enhancement on your sales.
It promotes better cash flow
Credit card processing involves fast turnaround time, which promotes better cash flow. You do not need to wait for weeks since it usually takes only between 1-3 days for the funds to be credited to your merchant account. A better cash flow would mean that your business is liquid enough to serve the operational needs of your business, making your business more efficient.
It involves fast and easy processing
With check payments, the check needs to go through clearing to know whether the customer's account is funded or not. Conversely, approval is done almost instantly with credit card payments. Once a transaction is approved in your retail store using a point-of-sale (POS) terminal, transaction slips are then generated requiring customer's signatures. For online shops, you do not even have to intervene in the payment process. The customer who makes the credit card payment is the one who inputs the relevant information and gets response from the credit card processor whether his transaction is approved or declined. All these make it more convenient to do business on your part and more convenient for your customers to shop.
It helps you keep up with the competition in your industry
Look around and notice that your competitors may be employing this strategy already. Accepting credit card purchases helps you keep up with the competition and thrive in the industry. If your competitors do not accept credit cards yet, then you have a good advantage over them as to customer base and sales.
It keeps your funds secure
As opposed to receiving cash payments in your retail stores, accepting credit cards reduces the risks that go with keeping cash in your drawers. It keeps your fund secure in your merchant account until you decide to withdraw it.
It continually presents better features
When you accept credit card payments, you would find it good to know that along with the costs, better security and other processing features are constantly improved and introduced to make credit card processing safer and more efficient for you and your customers. Heavy competition in the industry plays a great role in effecting this benefit with the effort of the processing companies to making them more attractive to retailers like you. These companies also try to make their fees more competitive. In other words, such competition lets you take advantage of the many benefits that go with accepting credit cards in your store. The strict policies that govern processors are also important to protect your interests as well as the interest of the consumers.
It helps you save on some costs
Just when you think you incur more costs when accepting credit cards, there are other expenses you can actually minimize. You do not have to spend for managing receivables as well as sending bills to some clients. There are also other value-added products and services that credit card processors offer, which help you save on expenses, such as integrated payment gateway and integrated shopping carts for your online store.
It promotes positive image of your business
Accepting credit cards increases your credibility. Customers who learn that you accept credit cards think that you conform with the latest trend in business as well as in technology. That is a great plus for them. Furthermore, according to some surveys, credit card logos that are posted on your stores also create some sort of confidence in consumers' mind as you are affiliated with the legitimate and trusted credit card networks.
It ensures full support from your provider
Even if you're not a tech person, you will not find it hard to set up a terminal to accept credit card payments, nor will you have difficulty getting through the whole credit card process. Credit card processors and merchant account providers guide you with the whole process and provide you with 24/7 customer service support for all your needs, from basic inquiries to technical suppport.
In order to fully benefit from all these advantages of accepting credit card payments for your online or retail store, you have to make sure that you deal with the right parties. Look for a reliable and credible merchant account provider and credit card processor who can provide you with the service you want, who charge you with reasonable fees, and provide you with great customer service. Then, as long as you put your heart into your business, provide your customers with quality products and services, and keep up with the latest trend in the industry, you are sure to have a very promising business ahead of you.
You may be wondering if it is even worth spending a penny from your business to be able to accept credit card payments considering the costs involved. Well in the truth is, its advantages will supersede the expenses you incur. Here are the main benefits of accepting credit card payments:
It increases your sales
The best advantage in accepting credit card payments is that it gives you great opportunity to increase in your sales. It expands customer base, attracts and retains customers, automatically converts foreign currencies, and allows installment payments for your customers, which all lead to the enhancement on your sales.
- Expands customer base. If you accept credit cards on your online store, you are able to cater to more clients in your area as well as international clients, thus expanding your customer base and increasing your sales as a result. You can even accept different currencies if you prefer to open an offshore merchant account, making it more enticing for international customers to purchase from you.
- Attracts and retains customers. Aside from the quality goods and services you offer, acceptance of credit card payments is really a big deal for your clients who give importance to convenience as it does not require them to bring the cash they need for their expenditures. It would now be safer for them especially when making big purchases from your retail store. In addition, accepting credit card is another payment option for them, making your store more attractive for them to shop. Finally, with credit card payments, your customers can also choose which payment channel to make use of when purchasing, such as online, retail, mobile, or mail order/telephone order (MOTO), giving them more freedom, thus promoting customer retention and loyalty.
- Automatically converts foreign currencies. With wider customer base, you should expect to receive purchases from all over the world. One of the greatest features of credit card processing is that it automatically converts foreign currencies for your international clients. You and international customers do not have to deal with the problem of converting the amount. This makes it more attractive for customers, encouraging them to shop from you more; thus increasing your sales.
- Allows installment payments for your customers. Credit card holders can opt to make installment payments for their purchases that allow them to buy more expensive items from your store, thus enhancing your sales and profits. Your customers do not anymore need to save a bulk of cash to purchase their dream TV from your shop, for example; rather, they can avail of the installment plan from their credit card issuer and purchase their TV from you right away.
It promotes better cash flow
Credit card processing involves fast turnaround time, which promotes better cash flow. You do not need to wait for weeks since it usually takes only between 1-3 days for the funds to be credited to your merchant account. A better cash flow would mean that your business is liquid enough to serve the operational needs of your business, making your business more efficient.
It involves fast and easy processing
With check payments, the check needs to go through clearing to know whether the customer's account is funded or not. Conversely, approval is done almost instantly with credit card payments. Once a transaction is approved in your retail store using a point-of-sale (POS) terminal, transaction slips are then generated requiring customer's signatures. For online shops, you do not even have to intervene in the payment process. The customer who makes the credit card payment is the one who inputs the relevant information and gets response from the credit card processor whether his transaction is approved or declined. All these make it more convenient to do business on your part and more convenient for your customers to shop.
It helps you keep up with the competition in your industry
Look around and notice that your competitors may be employing this strategy already. Accepting credit card purchases helps you keep up with the competition and thrive in the industry. If your competitors do not accept credit cards yet, then you have a good advantage over them as to customer base and sales.
It keeps your funds secure
As opposed to receiving cash payments in your retail stores, accepting credit cards reduces the risks that go with keeping cash in your drawers. It keeps your fund secure in your merchant account until you decide to withdraw it.
It continually presents better features
When you accept credit card payments, you would find it good to know that along with the costs, better security and other processing features are constantly improved and introduced to make credit card processing safer and more efficient for you and your customers. Heavy competition in the industry plays a great role in effecting this benefit with the effort of the processing companies to making them more attractive to retailers like you. These companies also try to make their fees more competitive. In other words, such competition lets you take advantage of the many benefits that go with accepting credit cards in your store. The strict policies that govern processors are also important to protect your interests as well as the interest of the consumers.
It helps you save on some costs
Just when you think you incur more costs when accepting credit cards, there are other expenses you can actually minimize. You do not have to spend for managing receivables as well as sending bills to some clients. There are also other value-added products and services that credit card processors offer, which help you save on expenses, such as integrated payment gateway and integrated shopping carts for your online store.
It promotes positive image of your business
Accepting credit cards increases your credibility. Customers who learn that you accept credit cards think that you conform with the latest trend in business as well as in technology. That is a great plus for them. Furthermore, according to some surveys, credit card logos that are posted on your stores also create some sort of confidence in consumers' mind as you are affiliated with the legitimate and trusted credit card networks.
It ensures full support from your provider
Even if you're not a tech person, you will not find it hard to set up a terminal to accept credit card payments, nor will you have difficulty getting through the whole credit card process. Credit card processors and merchant account providers guide you with the whole process and provide you with 24/7 customer service support for all your needs, from basic inquiries to technical suppport.
In order to fully benefit from all these advantages of accepting credit card payments for your online or retail store, you have to make sure that you deal with the right parties. Look for a reliable and credible merchant account provider and credit card processor who can provide you with the service you want, who charge you with reasonable fees, and provide you with great customer service. Then, as long as you put your heart into your business, provide your customers with quality products and services, and keep up with the latest trend in the industry, you are sure to have a very promising business ahead of you.
3 Superb Features of Merchant Account to Make Your Business Grow
A merchant account allows any business to accept credit cards or debit cards as modes of payment. This type of bank account provides convenience to both the sellers and the consumers, increases sales, keeps you on track on all of your transactions, increases customers, and pays you almost instantly.
Business owners will have to join any marketing strategy to keep up with their competitors if they want their business to survive. One sure way to do this is by establishing merchant accounts. This is a type of bank account that will provide a more flexible way for customers to pay and that is by accepting credit or debit cards. You can avail this at your local banks or from any online merchant account providers.
Acquiring a merchant account will also give tons of benefits to your business and they are stated below:
Provides convenience to both the seller and consumer
Customers greatly prefer to carry their cards than take the risk of bringing along cash wherever they go while visiting stores. This greatly lessens any chances of theft. Sellers are also saved from the hassle of dealing with manual transactions and reports, and from taking money in and out of the bank.
Increases sales
Consumers will be more allured to buy your products because with just a swipe, they can purchase anything they want no matter how expensive they are. Credit cards give your customers little time to think. This is because, whether they have enough amounts in their pockets, they can use their credit cards on either choice. Most shopaholics would usually give in to the desire and need of that certain product and worry for the pay check later.
Keeps you on track on all of your transactions
With a merchant account, you can now easily follow the flow of all your business transactions. No don’t have to stock tons of paperwork and receipts because with a simple account statement, everything will be in place only for you to check.
Increases customers
With a merchant account, you’ll be able to attract more customers especially now that you have given them an easier method to pay. You will also have the chance to gain international customers as you venture into online selling.
Pays you almost instantly
With checks or C.O.D's, it will take weeks to get paid. But when you start accepting credit card payments, after orders are processed, your account will filled with the payments you earned in just a day or two.
To maintain the contentment of one’s consumers and the improvement in sales and proceeds, it is highly advised that a business avails the credit card purchasing system. Lesser customers prefer cash over credit cards, and checks are not a stable and not a reliable method. These may lose you the chance of earning. Without a doubt, and for you and your customers’ advantage, avail the merchant account now.
Business owners will have to join any marketing strategy to keep up with their competitors if they want their business to survive. One sure way to do this is by establishing merchant accounts. This is a type of bank account that will provide a more flexible way for customers to pay and that is by accepting credit or debit cards. You can avail this at your local banks or from any online merchant account providers.
Acquiring a merchant account will also give tons of benefits to your business and they are stated below:
Provides convenience to both the seller and consumer
Customers greatly prefer to carry their cards than take the risk of bringing along cash wherever they go while visiting stores. This greatly lessens any chances of theft. Sellers are also saved from the hassle of dealing with manual transactions and reports, and from taking money in and out of the bank.
Increases sales
Consumers will be more allured to buy your products because with just a swipe, they can purchase anything they want no matter how expensive they are. Credit cards give your customers little time to think. This is because, whether they have enough amounts in their pockets, they can use their credit cards on either choice. Most shopaholics would usually give in to the desire and need of that certain product and worry for the pay check later.
Keeps you on track on all of your transactions
With a merchant account, you can now easily follow the flow of all your business transactions. No don’t have to stock tons of paperwork and receipts because with a simple account statement, everything will be in place only for you to check.
Increases customers
With a merchant account, you’ll be able to attract more customers especially now that you have given them an easier method to pay. You will also have the chance to gain international customers as you venture into online selling.
Pays you almost instantly
With checks or C.O.D's, it will take weeks to get paid. But when you start accepting credit card payments, after orders are processed, your account will filled with the payments you earned in just a day or two.
To maintain the contentment of one’s consumers and the improvement in sales and proceeds, it is highly advised that a business avails the credit card purchasing system. Lesser customers prefer cash over credit cards, and checks are not a stable and not a reliable method. These may lose you the chance of earning. Without a doubt, and for you and your customers’ advantage, avail the merchant account now.
Australian Mining Boom Helps Blue-Collars Create Wealth
March 19 (Bloomberg) -- Bloomberg's Heidi Couch reports on how Australia's mining boom creates demand for blue-collar workers, helping mechanics earn more than doctors. (Source: Bloomberg)
Euro Pressures Gold - Jon Nadler
NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, said gold prices will continue to look to the euro for direction but that there could be some more negative catalysts waiting in the wings.
Bob Chapman This Healthcare Bill is Unconstitutional
Bob Chapman on the Sovereign Economist 17 March 2010
Bob Chapman This Healthcare Bill is Unconstitutional it is as bad as it can get they do not have the votes and I do not think it is going to pass says Bob Chapman , with 75% of the population that do not want it if they force it upon us there will be riots in the streets ...they have been paid by the insurance companies the ones that are really benefiting from this bill, and the hospital corporations and more than anybody else the pharmaceutical companies...
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Natural Gas Could Go Well Below $4 says Schork
March 18 (Bloomberg) -- Stephen Schork, president of Schork Group Inc., talks with Bloombergs Lori Rothman about the outlook for natural gas and crude oil prices. Natural gas futures dropped to the lowest price in more than five months as a surplus of the fuel gained following a smaller-than-forecast stockpile decline. (Source: Bloomberg)
Bartels Says S&P May Rise to 1,230 After Breaching 1,150
March 18 (Bloomberg) -- Mary Ann Bartels, head of technical analysis at Bank of America Securities-Merrill Lynch Research, talks with Bloomberg's Carol Massar about the outlook for U.S. stocks. Bartels also discusses the performance of financial and energy shares, and Federal Reserve monetary policy. (Source: Bloomberg)
Wednesday, March 17, 2010
Jim Turk Gold Will Soar on Euro Crisis
NEW YORK (TheStreet) -- James Turk, founder of GoldMoney, says eurozone sovereign debt issues will be one of the factors pushing gold to $1,800 by the end of the year.
PayPal released an update to their iPhone application
PayPal with Bump integration
PayPal released an update to their iPhone application that integrates with Bump, allowing users to transfer money simply by bumping phones. How exactly does this work?
Do immigrants to UK get priority for housing?
A look at how the people born here and pay taxes are always at the back of the housing queue, and everyone else seems to jump it. The clip includes a woman from some African country with her children, and she can't find anywhere suitable.... maybe she should not have had so many children and expecting the UK taxpayer to pick up the tab.
No wonder there's a housing shortage if those coming to the UK are jumping the queue because "They are homeless." What about British homeless?
Recorded from BBC London News, 17 March 2010.
No wonder there's a housing shortage if those coming to the UK are jumping the queue because "They are homeless." What about British homeless?
Recorded from BBC London News, 17 March 2010.
BBC: MoD Files Reveal UFO Sightings
The British MOD UFO Files declasified (18/2/2010)
The MoD department, which has dealt with more than 12,000 reports including 135 last year - was used to assess threats posed by any Unidentified Flying Objects sightings throughout Britain.
Any reports made would now not be investigated or followed up as the hotline had been closed, a spokesman said.
UFO experts expressed anger at the decision.
Nick Pope, former UFO Investigator at the Ministry of Defence and now independent world known UFOlogist discusses the UFO Files Released by UK National Archives. Top scientists and academics attend a conference organised by the Royal Society - the UK's national academy of science.
UFOs on top scientist's agenda
Show: The Hub
Station: BBC World News
Date: February 18th, 2010
Subject: 5th Release of UK UFO MOD Documents
18th February 2010- http://www.mirror.co.uk/news/latest/2...
Flying Toblerones, mysterious illnesses and "silky-white substances" are among hundreds of close encounters described in previously top-secret files released by the Ministry of Defence (MoD).
More than 6,000 pages of material spanning from 1994 to 2000 holds hundreds of other-worldly experiences with unidentified flying objects (UFOs) and apparent aliens across Britain.
Aircraft of all shapes and sizes have been witnessed flying over a wide range of locations - including Chelsea Football Club and the former Home Secretary Michael Howard's home in Kent.
One man told police he was physically sick and developed a "skin condition" after an eerie "tube of light" enveloped his car in Ebbw Vale, in Wales, at 10.40pm on January 27 1997.
The file, the fifth released under a three-year project between the MoD and The National Archives, consists of 24 records of sightings, letters and Parliamentary Questions.
Highlights include a man who arrived at his Birmingham home at 4am on March 20, 1997, to discover an illuminated blue triangle hovering over his garden. The craft shot off leaving behind a "silky-white" substance on the tree-tops, which he collected in a jam-jar.
And a West Lothian electrician who spotted a "Toblerone-shaped" UFO hovering over a field. A sketch of the craft is included in the report.
Experts believe the records highlight how shapes of reported UFOs have changed over the last half-century.
Dr David Clarke, author of The UFO Files and senior lecturer in journalism from Sheffield Hallam University said: "In the 1950s the next big leap in technology was thought to be a round craft that took off vertically and it's intriguing to note that this is the same period when people began to report seeing 'flying saucers' in the sky
Iraq Oil Production Will Affect OPEC Quotas Meyer Says
March 17 (Bloomberg) -- Cornelia Meyer, an independent oil analyst, talks about increased Iraqi oil production coming on stream and its effect on OPEC quotas. Meyer also discusses the outlook for oil prices. She speaks with Bloomberg's Francine Lacqua at the meeting of the Organization of Petroleum Exporting Countries in Vienna.
OPEC Oil Output Cuts This Fall unlikely says Khelil Algerian Energy Minister
March 17 (Bloomberg) -- Algerian Energy Minister Chakib Khelil talks with Bloomberg's Francine Lacqua about OPEC's decision today to leave production limits unchanged for the fifth time since 2008. Ministers from the Organization of Petroleum Exporting Countries met today in Vienna. OPEC, which supplies about 40 percent of the world's oil, set its official cap at 24.845 million barrels a day. (Source: Bloomberg)
Weaker Economy May Not Support $80 Oil Says Sieminski
March 18 (Bloomberg) -- Adam Sieminski, chief energy economist at Deutsche Bank AG in Washington, talks with Bloomberg's Susan Li and Paul Gordon about the outlook for oil prices, and Organization of Petroleum Exporting Countries' production. OPEC, content with oil prices exceeding $80 a barrel, decided for the fifth time since 2008 to keep its production limits unchanged amid signs that a worldwide glut of crude is disappearing along with the recession. (Source: Bloomberg)
U.S. Stocks Advance, Sending Dow to Highest in 17 Months
March 17 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks gained, sending the Dow Jones Industrial Average to the highest level since October 2008, on evidence the economic recovery isnt stoking inflation. (Source: Bloomberg)
Silver Falcon Mining, Inc. (SFMI) Announces April 19, 2010 Mill Production Start-Up
Silver Falcon Mining, Inc. (OTCBB: SFMI) announces an April 19, 2010 start date of its 100% owned Diamond Creek Mill facility, located in Murphy, ID. Over the last 6-Months, the Company purchased/re-zoned property, acquired necessary permits, developed site improvements, drilled well/installed water system and built the mill building. Subsequently, both the internal and external mill circuit components, 100% owned and paid-in-full, have been in place for the forthcoming production of precious metals.
From this point-in-time, the Company will proceed with 4 weeks of verification of the equipment and mill commissioning. This will include final verifications, confirming that all the equipment components are mechanically sound, and that all electrical circuits function properly. This will be followed by powering-up the facility to check on the full functionality of the mill circuit.
read entire article
From this point-in-time, the Company will proceed with 4 weeks of verification of the equipment and mill commissioning. This will include final verifications, confirming that all the equipment components are mechanically sound, and that all electrical circuits function properly. This will be followed by powering-up the facility to check on the full functionality of the mill circuit.
read entire article
6 Fundamental Requirements in Opening a Free Merchant Account for a Hassle-free Application
In opening a free merchant account, you have to prepare requirements such as merchant account application and agreement; valid identification documents; financial statements; business documents; Website; and payment gateway.
A free merchant account is the perfect solution for most merchants who like to start accepting credit card payments. Acquiring a free merchant account is very easy as long as you meet all the requirements the bank or merchant account provider wanted.
Merchant account application and agreement
The foremost requirement in opening a free merchant account is to submit an accomplished application form. This paper contains your personal data such as name, place of residence, contact numbers and business data. You also have to attach pictures of yourself. A tax identification number and SSS are also required for proper identification as the business proprietor. Application forms differ on each merchant bank. You have to fill them up according to their satisfaction and the checking of the establishment.
Valid identification documents
Be equipped with any valid identification documents such as passport, driver’s license, voter’s ID and such. This is to ensure that no fraud is taking place.
Financial statements
Just like you are, companies that provide merchant accounts need to ensure the validity of each application. So, they will ask for your business’ financial statements. This will confirm that you are capable of paying the fees on due time and that you are in good terms with your bank or any financial institute. If your business is going on for a few years now, you have to provide the business financial statement after at least two years of service. If not then, your personal financial statement and personal tax will do. Moreover, you have to present the cash flow details, the probable average online transaction rates and the estimated conversion value.
Business documents
Documents such as your business license, seller’s permit, tax seller’s permit, and documents of incorporation are needed to open a merchant account. You must also present a voided copy of a bank account check where your money is set down. This check must have the “Doing Business As” (DBA). You also have to provide the business phone number and registered business address. This mustn’t be a P.O. Box address.
Website
Since a merchant account is applicable for online businesses, you have to give the company a URL of your valid and active website. Make sure that your website is professional-looking and has the vital policies of deliver, and secured checkout system and other fees. Verify if the domain you have is legal and accessible and it must be registered with you as the legal owner.
Payment gateway
Before applying for a merchant account, you must already have a payment gateway for your business. This is the main objective of acquiring a merchant account as it will provide assistance in the transactions done between the customer and you. It will make it easier for you to trace the due payments from your customers and clients.
The most essential qualification for opening a credit card merchant account is to meet the requirements of the bank you are applying to. There are industries called processors that help in this task. You may choose from personally going to the bank or the gate processor.
A free merchant account is the perfect solution for most merchants who like to start accepting credit card payments. Acquiring a free merchant account is very easy as long as you meet all the requirements the bank or merchant account provider wanted.
Merchant account application and agreement
The foremost requirement in opening a free merchant account is to submit an accomplished application form. This paper contains your personal data such as name, place of residence, contact numbers and business data. You also have to attach pictures of yourself. A tax identification number and SSS are also required for proper identification as the business proprietor. Application forms differ on each merchant bank. You have to fill them up according to their satisfaction and the checking of the establishment.
Valid identification documents
Be equipped with any valid identification documents such as passport, driver’s license, voter’s ID and such. This is to ensure that no fraud is taking place.
Financial statements
Just like you are, companies that provide merchant accounts need to ensure the validity of each application. So, they will ask for your business’ financial statements. This will confirm that you are capable of paying the fees on due time and that you are in good terms with your bank or any financial institute. If your business is going on for a few years now, you have to provide the business financial statement after at least two years of service. If not then, your personal financial statement and personal tax will do. Moreover, you have to present the cash flow details, the probable average online transaction rates and the estimated conversion value.
Business documents
Documents such as your business license, seller’s permit, tax seller’s permit, and documents of incorporation are needed to open a merchant account. You must also present a voided copy of a bank account check where your money is set down. This check must have the “Doing Business As” (DBA). You also have to provide the business phone number and registered business address. This mustn’t be a P.O. Box address.
Website
Since a merchant account is applicable for online businesses, you have to give the company a URL of your valid and active website. Make sure that your website is professional-looking and has the vital policies of deliver, and secured checkout system and other fees. Verify if the domain you have is legal and accessible and it must be registered with you as the legal owner.
Payment gateway
Before applying for a merchant account, you must already have a payment gateway for your business. This is the main objective of acquiring a merchant account as it will provide assistance in the transactions done between the customer and you. It will make it easier for you to trace the due payments from your customers and clients.
The most essential qualification for opening a credit card merchant account is to meet the requirements of the bank you are applying to. There are industries called processors that help in this task. You may choose from personally going to the bank or the gate processor.
Bob Chapman all currencies will be devalued by two third
Bob Chapman : if you own bank CDs you are looking for trouble
Bob Chapman the united states will have a depression that will last for a minimum of five years and it will preceded by a hyperinflation deflation scenario , 500 banks could easily go under this year.....so do not own Bank CDs for two reason the first the government can go after them and the second the banks can go bankrupt , so what you do with your money , buy gold and silver assets , or if you have a large amount of money you can invest them in canadian or Swiss treasuries....
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
Bob Chapman on the Gold Plated Tungsten Bars Scandal
Gold Counterfeiting: German TV discovers 500g Tungsten bar from bank
Bob Chapman returns on the Tungsten Gold plated bars scandal after a German TV have found a Tungsten bar sold as gold and professionally counterfeited , Bob Chapman advises against Gold bars if you are not able to check them out very carefully , he prefers coins to barsGerman ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
From my estimate, 500 grams (or about 17.63 ounces) of gold at spot should be about $20,000 (US) instead of just over $20 (US) that Tungsten would be worth. That’s quite a rip-off. Via Infowars
Tyler Durden
Zero Hedge
March 2, 2010
German TV station ProSieben finds what appears to be some evocative proof of gold counterfeiting, in the form of tungsten gold substitutes coming to the W.C.Heraeus foundry, which is the world’s largest privately-owned precious metals refiner and fabricator, located in Hanau, Germany. The foundry has isolated at least one 500-gram tungsten bar due for melting, originating from a (so far) unnamed bank, which as the head of the foundry stated made the unpleasant discovery that “not all the glitters is gold.”
Full clip after the jump.
The Dollar Is Going to Suffer says Axel Merk
"The Greek tragedy is going to continue [and] there will be some ups and some down," says Axel Merk, founder and president of Merk Investments and author of Sustainable Wealth.
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained
Credit Cards vs Paypal
Bourgeois Expects Visa, MasterCard to Beat Estimates
March 17 (Bloomberg) -- Rod Bourgeois, an analyst at Sanford C. Bernstein & Co., talks with Bloomberg's Margaret Brennan about the outlook for Visa Inc. and MasterCard Inc. Bourgeois also discusses the impact of EBay Inc.'s PayPal service and other online payment systems on the credit card industry. (Source: Bloomberg)
O'Neill Is Bullish on Industrial Commodities on Demand
O'Neill Is Bullish on Industrial Commodities on Demand
March 17 (Bloomberg) -- William O'Neill, a partner at Logic Advisers, talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the outlook for commodities and oil prices. O'Neill also discusses the Organization of Petroleum Exporting Countries' output levels and the outlook for the global economy. (Source: Bloomberg)Tuesday, March 16, 2010
U.S. Stocks Advance as Fed Pledges to Keep Rates Low
March 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks rose, with the Standard & Poors 500 Index reaching a 17-month high, as the Federal Reserve said it will leave its main interest rate near zero for an extended period to safeguard the economic recovery. (Source: Bloomberg)
Barratt Says Gold Price May Surpass $1,200 by Year End
March 17 (Bloomberg) -- Jonathan Barratt, managing director at Commodity Broking Services Pty, talks with Bloomberg's Susan Li and Paul Gordon about his forecast for the price of gold. Barratt, speaking from Sydney, also discusses crude oil, copper and sugar prices. (Source: Bloomberg)
Bob Chapman : Banks and Insurance companies will go bankrupt , always pay in cash and get out of CDs and life insurances
Bob Chapman 2055 Banks are in trouble
Bob Chapman : never keep more than three months household operating expenses in any bank , and for a business not more than six months , businesses need to have cash flow if they do not they are stuck , pay as many bills as possible with cash , when you go to the supermarket do not use the credit card , do not use a check or some sort of other payment , pay cash ...also if you have CDs with banks get rid of them , go to gold coins and shares and if you have a lot of money you can get involved with treasuries from Canada and Switzerland , and the reason why is , if you must be in some kind of currency those currencies will stand up the best ...in the future they will be the best of the bad lot , the real answer is gold and silver related assets , also there are seven major insurance companies that are in serious trouble , there arer going to be in the future insurance companies that are going to go under , if you have cash value life policies , if you have annuities get out of them " says Bob Chapman ...you should put your money in gold and silver assets
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday ande the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
$3 Gas - Breaking Point ?
Discussing what number will actually crimp the consumer, with Jason Schenker, Prestige Economics and John Kilduff, Round Earth Capital.
3 Effective Ways in Searching for Credit Card Companies to Process Online Business Transactions
3 Effective Ways in Searching for Credit Card Companies to Process Online Business Transactions
Inquiring about credit card companies in banks, searching the Internet, and calling the customer support of credit card companies are the most effective ways in looking for credit card companies that can process your online credit card transactions.
When your online business can accept credit card transactions, your sales will surely increase and so will the cash flow. In today's competitive market, accepting credit card payments are giving the customer shopping convenience. Oftentimes, successful online businesses do accept credit card payments as it has been proven to increase sales. However, finding companies that provide credit card processing services can be confusing and sometimes misleading. A lot of them are often initiated by third party services. They usually have higher rates too. Looking for financial companies that offer online credit card transaction services can be easier when you are looking for the at the right places. Below are the ways you can do to be able to easily find the credit card processing company that is appropriate for your online business:
Inquiring about credit card companies in banks
Most banks do not easily grant credit card processing services to online businesses. However, they are the direct financial centers that could give you some recommendations in finding companies that provide credit card processing services. Some banks may approve in providing credit card processing services to your online business given that such online business is credible enough to pass the bank's standards. In case that your application for this type of service will not be approved, you could always easily ask the bank personnel to provide you with other options.
Searching the Internet
By simply browsing and using search engine sites such as Google and Yahoo, you could easily learn information about credit card processing companies. The Internet could give you sites that recommends a number of companies that provides such service. Online sites such as Electronictransferservice.com and Business.com are some search engines that have browse providers where you can gather companies that offer merchant credit card processing. Also read FAQ pages and forums about financial and business topics to learn the most rated and recommended companies for credit card processing service.
Calling the customer support
Another option of finding credit card processing providers is by calling the customer support hot line of financial companies which can usually be obtained through the Internet. Personally ask questions and references about credit card processing. The customer service support will gladly provide you all the necessary information that you will need to know with merchant accounts. Evaluate all the vital information that the customer representative provided and assess which company will best suit your online business.
Online credit card transactions do not just limit their services for online businesses. Church credit card processing options are also gaining popularity as one of the online credit card uses today. This just goes to prove that plastic payments have a promising development. Online businesses can greatly benefit from the efficiency of this developing payment trend. Be knowledgeable and practical in choosing your credit card processing company. Compare information and rates to maximize the potential sales of your online business.
Inquiring about credit card companies in banks, searching the Internet, and calling the customer support of credit card companies are the most effective ways in looking for credit card companies that can process your online credit card transactions.
When your online business can accept credit card transactions, your sales will surely increase and so will the cash flow. In today's competitive market, accepting credit card payments are giving the customer shopping convenience. Oftentimes, successful online businesses do accept credit card payments as it has been proven to increase sales. However, finding companies that provide credit card processing services can be confusing and sometimes misleading. A lot of them are often initiated by third party services. They usually have higher rates too. Looking for financial companies that offer online credit card transaction services can be easier when you are looking for the at the right places. Below are the ways you can do to be able to easily find the credit card processing company that is appropriate for your online business:
Inquiring about credit card companies in banks
Most banks do not easily grant credit card processing services to online businesses. However, they are the direct financial centers that could give you some recommendations in finding companies that provide credit card processing services. Some banks may approve in providing credit card processing services to your online business given that such online business is credible enough to pass the bank's standards. In case that your application for this type of service will not be approved, you could always easily ask the bank personnel to provide you with other options.
Searching the Internet
By simply browsing and using search engine sites such as Google and Yahoo, you could easily learn information about credit card processing companies. The Internet could give you sites that recommends a number of companies that provides such service. Online sites such as Electronictransferservice.com and Business.com are some search engines that have browse providers where you can gather companies that offer merchant credit card processing. Also read FAQ pages and forums about financial and business topics to learn the most rated and recommended companies for credit card processing service.
Calling the customer support
Another option of finding credit card processing providers is by calling the customer support hot line of financial companies which can usually be obtained through the Internet. Personally ask questions and references about credit card processing. The customer service support will gladly provide you all the necessary information that you will need to know with merchant accounts. Evaluate all the vital information that the customer representative provided and assess which company will best suit your online business.
Online credit card transactions do not just limit their services for online businesses. Church credit card processing options are also gaining popularity as one of the online credit card uses today. This just goes to prove that plastic payments have a promising development. Online businesses can greatly benefit from the efficiency of this developing payment trend. Be knowledgeable and practical in choosing your credit card processing company. Compare information and rates to maximize the potential sales of your online business.
Investing in the Stock Market and Gold for Beginners
The stock market has not looked the greatest in the last couple of years. With the credit crunch and the recession the stock market has taken some big hits, but 2010 is showing some very positive results. If you are a beginner looking to invest in the stock market and gold there are a few things you should know.
Gold is a very hot commodity right now. In recent years gold has been bouncing back to the top for investors. Therefore, you may want to look at the prices of gold as they stand right now and where experts believe the prices are headed. It can be very easy for you to gain stock market earnings by investing in gold. Research is the key for any stock market investment.
Before you can even begin investing though, you need to have the capital to do so. This means paying off any of the payday advance loans and lines of credit you may have. Once your other debts are paid off you can use your current salaries to invest in the market. You should not invest in the market unless you can afford to lose a little of your starting capital. Mistakes and certain choices are bound to make you lose.
You also need to start off with a good amount to invest so that you can diversify your stock portfolio. The phrase “never put all your eggs in one basket” is very important when it comes to the stock market. By having a diversified portfolio you are able to make money, sell off some stocks, and ensure that you are in the best industries rather than just one industry.
Basically, when you invest you need one investment company from each industry you want to invest in. For example, you would invest in one gold company, not two or three since they compete against each other.
Gold is a very hot commodity right now. In recent years gold has been bouncing back to the top for investors. Therefore, you may want to look at the prices of gold as they stand right now and where experts believe the prices are headed. It can be very easy for you to gain stock market earnings by investing in gold. Research is the key for any stock market investment.
Before you can even begin investing though, you need to have the capital to do so. This means paying off any of the payday advance loans and lines of credit you may have. Once your other debts are paid off you can use your current salaries to invest in the market. You should not invest in the market unless you can afford to lose a little of your starting capital. Mistakes and certain choices are bound to make you lose.
You also need to start off with a good amount to invest so that you can diversify your stock portfolio. The phrase “never put all your eggs in one basket” is very important when it comes to the stock market. By having a diversified portfolio you are able to make money, sell off some stocks, and ensure that you are in the best industries rather than just one industry.
Basically, when you invest you need one investment company from each industry you want to invest in. For example, you would invest in one gold company, not two or three since they compete against each other.
3 Helpful Tips for Companies with Bad Credit History in Applying for a Merchant Account
Even if you have a bad credit history or standing, you can still apply and be approved of a merchant account. To increase your chance of being approved, you need to clear your bad credit records and look for merchant account providers that cater to companies with bad credit history. In addition, you need to compare providers’ products, services, and specific guidelines regarding the credit and financial aspects.
In order to increase sales and improve profitability, you need to open a merchant account that enables you to accept credit card payments for your business. However, if you have a bad credit history, you might find it hard to be approved of a merchant account because of the higher financial risks involved in providers, especially with regards to chargebacks and the proliferation of fraud. To help you open a merchant account even with bad credit, consider the following useful tips:
Clear your bad credit records
To increase your chance of being approved for your merchant account application, you need to improve your credit standing. There are certain credit information agencies that do the research and monitoring of credit standings, such as Experian, TransUnion, and Equifax. These bureaus are the sources of credit reports that merchant account providers use in evaluating their applicants. Once your credit issues have been resolved and settled, you need to inform these institutions so that the bad credit record you have will be cleared, thus improving your credit standing and increasing your chance of being approved with your merchant account application. If you are under the state of bankruptcy, you are required to wait for six months after being cleared of such condition before you can request these institutions to remove such credit information.
Look for merchant account providers that cater to companies with bad credit history
Some merchant account providers are more compliant with applicants that possess imperfect credit background as they understand that it is normal for companies to sometimes incur late payments as well as overdue debt and loan payments. As long as these instances were not repeatedly or excessively listed in the credit report, some providers still allow you to set up a merchant account. Just as long as you have not also been involved in serious cases of bad credit history, such as bankruptcy, you have a good chance of getting your business a merchant account. Just look for these providers, without having the need to spend a lot of your time inquiring over merchant account providers known to be strict with credit history. Banks, for example, are known to disapprove applicants with poor credit history as they are governed by more stringent measures concerning risk and fraud management. Banks, being vital financial institutions, need to minimize the risk of having to incur more costs due to poor performing or fraudulent clients. Merchant account providers, on the other hand, whose main business is to set up a merchant account, would always find a way to increase their sales and cater to the needs of their market, thus making them more compliant in approving applications. Examples of these providers include National Merchant Bancard at Sunvirtual.com, Freeauthnet.com, and Total Merchant Services, among others.
Compare providers’ products, services, and specific guidelines regarding the credit and financial aspects
Always included in the process of choosing a merchant account provider is to make a comparison of their products, services, and costs. Since you are opening a merchant account under a different condition, that is having an imperfect credit history, is it important to pay attention to certain costs that may differ among providers. Chargeback costs and penalties may be higher in this case. Aside from costs, providers may set a different condition in handling chargebacks. Merchant account providers usually hold a certain amount in your merchant account in order to secure them of your payment in case the need for a chargeback arises and to avoid the proliferation of fraudulent activities.
To make things clear for you, when a chargeback takes place or when a need to refund an unsatisfied customer happens, the sum of money is taken from your merchant account. In case you have insufficient funds in your account, the merchant account processors temporarily have the burden of refunding the customer, thus the need for additional chargeback fees aside from the cost involved in the processing of the chargeback. Your due balance will then be collected when funds are already available in your account. The risk comes in now, especially when it takes longer time for your company to cover the chargeback, affecting the financial operations of the merchant account provider. Imagine their losses if many companies have insufficient funds in their merchant accounts. To address this problem, merchant account providers settle for a hold amount in your merchant account to cover possible chargebacks. The amount is said to be computed based on a certain percentage of your monthly sales and released in three to six months time.
As long as you do your part in correcting your bad credit history and you deal with the right merchant account provider that answers your needs, you can very well be approved of a merchant account. Soon, you will be ready to accept credit cards and other electronic forms of payment that will help boost your business and make it more profitable.
In order to increase sales and improve profitability, you need to open a merchant account that enables you to accept credit card payments for your business. However, if you have a bad credit history, you might find it hard to be approved of a merchant account because of the higher financial risks involved in providers, especially with regards to chargebacks and the proliferation of fraud. To help you open a merchant account even with bad credit, consider the following useful tips:
Clear your bad credit records
To increase your chance of being approved for your merchant account application, you need to improve your credit standing. There are certain credit information agencies that do the research and monitoring of credit standings, such as Experian, TransUnion, and Equifax. These bureaus are the sources of credit reports that merchant account providers use in evaluating their applicants. Once your credit issues have been resolved and settled, you need to inform these institutions so that the bad credit record you have will be cleared, thus improving your credit standing and increasing your chance of being approved with your merchant account application. If you are under the state of bankruptcy, you are required to wait for six months after being cleared of such condition before you can request these institutions to remove such credit information.
Look for merchant account providers that cater to companies with bad credit history
Some merchant account providers are more compliant with applicants that possess imperfect credit background as they understand that it is normal for companies to sometimes incur late payments as well as overdue debt and loan payments. As long as these instances were not repeatedly or excessively listed in the credit report, some providers still allow you to set up a merchant account. Just as long as you have not also been involved in serious cases of bad credit history, such as bankruptcy, you have a good chance of getting your business a merchant account. Just look for these providers, without having the need to spend a lot of your time inquiring over merchant account providers known to be strict with credit history. Banks, for example, are known to disapprove applicants with poor credit history as they are governed by more stringent measures concerning risk and fraud management. Banks, being vital financial institutions, need to minimize the risk of having to incur more costs due to poor performing or fraudulent clients. Merchant account providers, on the other hand, whose main business is to set up a merchant account, would always find a way to increase their sales and cater to the needs of their market, thus making them more compliant in approving applications. Examples of these providers include National Merchant Bancard at Sunvirtual.com, Freeauthnet.com, and Total Merchant Services, among others.
Compare providers’ products, services, and specific guidelines regarding the credit and financial aspects
Always included in the process of choosing a merchant account provider is to make a comparison of their products, services, and costs. Since you are opening a merchant account under a different condition, that is having an imperfect credit history, is it important to pay attention to certain costs that may differ among providers. Chargeback costs and penalties may be higher in this case. Aside from costs, providers may set a different condition in handling chargebacks. Merchant account providers usually hold a certain amount in your merchant account in order to secure them of your payment in case the need for a chargeback arises and to avoid the proliferation of fraudulent activities.
To make things clear for you, when a chargeback takes place or when a need to refund an unsatisfied customer happens, the sum of money is taken from your merchant account. In case you have insufficient funds in your account, the merchant account processors temporarily have the burden of refunding the customer, thus the need for additional chargeback fees aside from the cost involved in the processing of the chargeback. Your due balance will then be collected when funds are already available in your account. The risk comes in now, especially when it takes longer time for your company to cover the chargeback, affecting the financial operations of the merchant account provider. Imagine their losses if many companies have insufficient funds in their merchant accounts. To address this problem, merchant account providers settle for a hold amount in your merchant account to cover possible chargebacks. The amount is said to be computed based on a certain percentage of your monthly sales and released in three to six months time.
As long as you do your part in correcting your bad credit history and you deal with the right merchant account provider that answers your needs, you can very well be approved of a merchant account. Soon, you will be ready to accept credit cards and other electronic forms of payment that will help boost your business and make it more profitable.
Monday, March 15, 2010
Oil price below $80 - Oil Tomorrow CNBC
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil is likely headed tomorrow.
Bob Chapman The Government market manipulation is gone out of control
Bob Chapman on The Sovereign Economist 10 mar. 2010
Bob Chapman we are seeing some massive market manipulation all over the world and that's the result of the group put by Ronald Reagen , and since then the government have been rigging the market , what we are seeing here is out of control manipulation , out of control...they just do not care , and they think they can do anything they want , the American people have the feeling that there is something wrong going on , we should tell them what it is and who is doing it ...says bob Chapman the International Forecaster , we got the government on the run and we got the people behind the government on a bigger run , they are really concerned
Bob Chapman market manipulation is gone out of control
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday ande the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
U.S. Stocks Advance as Consumer Shares Rise
March 15 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks erased losses in the final hour as financial shares reversed declines, while consumer companies rallied on an analyst upgrade of Wal-Mart Stores Inc. and PepsiCo Inc.s plan to return more money to investors. (Source: Bloomberg)
Crude oil to fall to $78 in near-term says expert
In an interview with CNBC-TV18, Kishore Narne, VP, Anand Rathi Commodities gave his strategies for the day. He says that he is bearish on oil and sees the crude oil prices falling by two to three dollars from current prices...
Sunday, March 14, 2010
3 Best Methods in Credit Card Acceptance for Small Business Owners
The best means for small business holders to accept credit cards are through PayPal, a merchant account, and via phone service.
An important thought to be kept by small business owners is to catch up with the generation’s ways and trends. Payment through credit cards, otherwise known as plastic money, is all the rage in businesses. The convenience offered to customers who prefer credit cards compel business owners to set up the needed apparatus to run their payment processing in this manner. To those small business owners who are aspiring supporters to the plastic money trend, explore the following methods to cater credit cards:
PayPal
Companies such as PayPal are called third party payment processor in the industry of web-based businesses. Small businesses can really benefit out of this type of service because it is has a trouble-free setup and it doesn’t need special skills to use. Another advantage is that you may open a merchant account to go along with it. In this manner, it doesn’t only accept credit cards, it also process the transaction. It is to be expected that extra services means additional charge but it is all worth it for PayPal deals with the merchant account itself. That’s not even the best of it. Its latest, cutting-edge feature is the virtual terminal that you can install through your mobile phone. With the aid of PayPal’s Website Payment Pro, it is made possible to accept credit cards via phone, email, fax or post.
Merchant account
Another way to accept credit cards is through acquiring a merchant account. This isn’t only widespread for the majority of retailers but also for small business owners. Opening a merchant account also may come with a terminal where a credit card’s magnetic strip is striped. You probably have seen this terminal in brick and mortar depots. This system is rapid in all sense. Swipe a card and it only takes seconds with one client and then you can move on to the next. You are also secured against chargeback and you can receive your earnings in a day or two. You also have control over your account. Through the years, merchant accounts have modernized and allowed credit card payments through mobile devices namely Blackberry, Palm, and iPhone.
Phone service
This method is also called Accept by Phone Service. A traveling merchant who is constantly on the go would surely benefit from this service. Plumbers, door-to-door salesmen, contractors and movers are a few merchants who can run their business in the palm of their hand. It only takes dialing an 800 number, then key in a password and finally, enters the credit card number of your customer with the billing amount. This speedy transaction happens only for seconds and everything is now processed.
With the mentioned alternatives to cash and checks, both merchant and customer will be engaged in a business deal which is not only productive but also convenient. Even if these means of accepting credit cards would involve a fee, it’s more vital to think of gaining more in the near future. PayPal, merchant account and phone service got it all.
An important thought to be kept by small business owners is to catch up with the generation’s ways and trends. Payment through credit cards, otherwise known as plastic money, is all the rage in businesses. The convenience offered to customers who prefer credit cards compel business owners to set up the needed apparatus to run their payment processing in this manner. To those small business owners who are aspiring supporters to the plastic money trend, explore the following methods to cater credit cards:
PayPal
Companies such as PayPal are called third party payment processor in the industry of web-based businesses. Small businesses can really benefit out of this type of service because it is has a trouble-free setup and it doesn’t need special skills to use. Another advantage is that you may open a merchant account to go along with it. In this manner, it doesn’t only accept credit cards, it also process the transaction. It is to be expected that extra services means additional charge but it is all worth it for PayPal deals with the merchant account itself. That’s not even the best of it. Its latest, cutting-edge feature is the virtual terminal that you can install through your mobile phone. With the aid of PayPal’s Website Payment Pro, it is made possible to accept credit cards via phone, email, fax or post.
Merchant account
Another way to accept credit cards is through acquiring a merchant account. This isn’t only widespread for the majority of retailers but also for small business owners. Opening a merchant account also may come with a terminal where a credit card’s magnetic strip is striped. You probably have seen this terminal in brick and mortar depots. This system is rapid in all sense. Swipe a card and it only takes seconds with one client and then you can move on to the next. You are also secured against chargeback and you can receive your earnings in a day or two. You also have control over your account. Through the years, merchant accounts have modernized and allowed credit card payments through mobile devices namely Blackberry, Palm, and iPhone.
Phone service
This method is also called Accept by Phone Service. A traveling merchant who is constantly on the go would surely benefit from this service. Plumbers, door-to-door salesmen, contractors and movers are a few merchants who can run their business in the palm of their hand. It only takes dialing an 800 number, then key in a password and finally, enters the credit card number of your customer with the billing amount. This speedy transaction happens only for seconds and everything is now processed.
With the mentioned alternatives to cash and checks, both merchant and customer will be engaged in a business deal which is not only productive but also convenient. Even if these means of accepting credit cards would involve a fee, it’s more vital to think of gaining more in the near future. PayPal, merchant account and phone service got it all.
2 Reliable Institutions that Regulate Credit Card Processing Entities
Credit card processors are mainly regulated by the Payment Card Industry Security Standards Council or PCI SSC. The Federal Trade Commission (FTC) also plays a vital role in the operations of credit card processors.
Fraudulent activities have evolved their way with the widespread use of credit cards and other electronic forms of payment, affecting both end consumers and retailers accepting these payment forms. With this concern, the fundamental need to regulate the quality of products and services that these credit card processors offer arises. Especially with the increased competition in the credit card processing industry, the following regulators have played an important role in controlling these processors for everyone’s security:
Payment Card Industry Security Standards Council (PCI SSC)
The Payment Card Industry Security Standards Council (PCI SSC) is also known as the Payment Card industry (PCI). This private council was originally developed by Visa International, MasterCard Worldwide, American Express, Discover Financial Services, and JCB to regulate credit card, debit card, ATM and other related companies. It developed the Payment Card Industry Data Security Standard (PCI DSS) and PIN Transaction Security (PTS), which both aim to address security-related problems associated with the use of credit cards and other electronic payments.
The Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is the US government entity that involves consumer protection and competition among different economic sectors. Its duties include generating and monitoring strict implementation of laws and developing programs to educate and protect consumers as well as industry players, among others. Affecting the credit card processing industry, it instituted the Fair and Accurate Credit Transaction Act (FACTA), primarily addressing the growing problem of identity theft. Credit card processors are regulated in a way that certain requirements must be followed by these companies to ensure that the identity and confidential information of your clients as retailers are protected. For example, FACTA requires that the transaction receipt must not show more than the last five digits of the credit or debit card. It must also not show the expiration date of the card. Both information are very confidential and are used in verifying transactions over the internet and over the phone, thus should not be made visible or known to other people, except the cardholder himself.
FTC also has a relevant control over credit processors with the FTC Act, giving it the authority to perform investigations involving organizations and companies engaged in trade, as well as their management, systems, and practices. In fact, in the past few years, FTC was said to file and win cases against fraudulent credit card processors and even merchant account processors. As a retailer, you are given due protection against these deceitful service providers that can be damaging to your business and your clients. Although FTC can give you support and protection against deceitful providers, it is always good to do a research on customer reviews and feedback to avoid getting into this kind of trouble. It is always wise to go for trusted credit card processors who, at the same time, can give you the best rates.
With the changing technology and persistence of frauds, no one is a hundred percent assured of security against these deceitful activities; but with the strict implementation of security standards in the industry and stringent government acts against fraudulent activities, you could be certain that there will always be enough protection to minimize such risk, as well as due government action when such incidents arise.
Fraudulent activities have evolved their way with the widespread use of credit cards and other electronic forms of payment, affecting both end consumers and retailers accepting these payment forms. With this concern, the fundamental need to regulate the quality of products and services that these credit card processors offer arises. Especially with the increased competition in the credit card processing industry, the following regulators have played an important role in controlling these processors for everyone’s security:
Payment Card Industry Security Standards Council (PCI SSC)
The Payment Card Industry Security Standards Council (PCI SSC) is also known as the Payment Card industry (PCI). This private council was originally developed by Visa International, MasterCard Worldwide, American Express, Discover Financial Services, and JCB to regulate credit card, debit card, ATM and other related companies. It developed the Payment Card Industry Data Security Standard (PCI DSS) and PIN Transaction Security (PTS), which both aim to address security-related problems associated with the use of credit cards and other electronic payments.
- Payment Card Industry Data Security Standard (PCI DSS). This is the main standard created by the PCI SSC in 2006 to uphold consistent security measures in handling account data among credit card processing centers internationally. This standard specifically aims to develop and maintain a secure network by requiring a firewall and non usage of default passwords for the systems used; to protect cardholder data by requiring encrypted keys, such as Secure Sockets Layer (SSL), upon transmitting cardholder information to credit card companies online; to protect credit card processing systems and applications by consistently updating anti-virus software; to employ strict control measures by restricting access to cardholder data; and to uphold security policy by consistently monitoring security systems. All these are required by the PCI SCC to help protect cardholder information entered online from being hacked or destroyed during credit card processing. As an online retailer, you can encourage repeat customers as they are assured of better security for the information they give out upon purchasing.
- PIN Transaction Security (PTS). This standard requires PIN entry devices used in credit card processing, such as point-of-sale (POS) and unattended payment terminals in some kiosks, to undergo the council’s evaluation, testing, and approval. It aims to enhance security of the PIN entered, thus reducing potential risks for fraudulent activities. It ensures you as a retailer that the PIN device you acquire and use in your business is safe for you and your customers. In addition, PCI SSC updates its PTS standard every three years to address the fast-developing technology and the never-ending battle between hackers and security measures, thus letting you operate in a highly secure manner.
The Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is the US government entity that involves consumer protection and competition among different economic sectors. Its duties include generating and monitoring strict implementation of laws and developing programs to educate and protect consumers as well as industry players, among others. Affecting the credit card processing industry, it instituted the Fair and Accurate Credit Transaction Act (FACTA), primarily addressing the growing problem of identity theft. Credit card processors are regulated in a way that certain requirements must be followed by these companies to ensure that the identity and confidential information of your clients as retailers are protected. For example, FACTA requires that the transaction receipt must not show more than the last five digits of the credit or debit card. It must also not show the expiration date of the card. Both information are very confidential and are used in verifying transactions over the internet and over the phone, thus should not be made visible or known to other people, except the cardholder himself.
FTC also has a relevant control over credit processors with the FTC Act, giving it the authority to perform investigations involving organizations and companies engaged in trade, as well as their management, systems, and practices. In fact, in the past few years, FTC was said to file and win cases against fraudulent credit card processors and even merchant account processors. As a retailer, you are given due protection against these deceitful service providers that can be damaging to your business and your clients. Although FTC can give you support and protection against deceitful providers, it is always good to do a research on customer reviews and feedback to avoid getting into this kind of trouble. It is always wise to go for trusted credit card processors who, at the same time, can give you the best rates.
With the changing technology and persistence of frauds, no one is a hundred percent assured of security against these deceitful activities; but with the strict implementation of security standards in the industry and stringent government acts against fraudulent activities, you could be certain that there will always be enough protection to minimize such risk, as well as due government action when such incidents arise.
Bob Chapman : On a GDP per capita level , We are in the same trouble as Greece
Bob Chapman on the Sovereign Economist 10 Mar 2010
Bob Chapman The International Forecaster is back this week again with the sovereign economist to analyze the economic and political situation of America and the world
Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday ande the Stock market will crash by the end of this year
Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt
5 Effective Ways in Getting Better Merchant Account Processing Fees
To get better processing fees on your merchant account, you must research as much merchant account providers as you can. You also need to read and solicit customer feedback and reviews, do a comparison of reliable providers, ask for quotations, and limit the services you avail to your needs.
Making your business more profitable does not only involve finding ways to increase your sales. It also entails applying cost-effective means, such as getting better merchant account processing fees, to maximize your profits. Here are effective ways that help you obtain better processing fees on your merchant account:
Research as much merchant account providers as you can
A good way to start choosing the most cost-effective merchant account provider is to do a research. Gather as much merchant account providers as you can on the Internet so you will have more providers to choose from. Learn the relevant information, such as products and services they offer and their related processing costs.
Read and solicit customer feedback and reviews
In order to save time from going over many merchant account providers and reducing the risk of dealing with fraudulent providers, it is advisable to go over customer feedback and reviews. Look for merchant account providers that are known for giving retailers the best deals in the industry. Search for providers with a good reputation on pricing their clients, without misleading you with low introduction costs, but higher processing fees. A website that helps you provide such useful information includes credit-card-processing-review.toptenreviews.com. You can also ask opinions from other retailers regarding their merchant account processing experience.
Do a comparison of reliable providers
After you get ideas on which merchant account providers are reliable, you need to compare their services and their fees. Find out which provider gives the best deals by outlining the standard and value-added services as well as the different costs involved. You can again go to credit-card-processing-review.toptenreviews.com to help you with this task or cardfellow.com and other similar websites. If you see considerable differences in certain merchant account processing fees, do not assume instantaneously that a certain provider is expensive or cheap; rather, find out what makes the certain fee more expensive or cheaper. In other words, know the nature of the costs involved. This also helps you avoid being deceived by providers who significantly offer lower fees, but lists additional fees that are of exact nature to fees already included.
Ask for quotations
Before you decide which merchant account provider to deal with, narrow down your choices first and ask for quotations from these providers. In doing so, do not forget to identify the type and size of business you have. Rates are usually cheaper for smaller and less-risky businesses. Again, always ask about the nature of the costs involved if some are not clear to you. Inquire about possible rate increases in the later years of service as your deal usually involves a long-term contract. There are actually some providers who advertise very low rates, but increase their rates later on within your contract. Finally, do not forget to state other providers’ rates as other companies lower their fees in order to compete and win customers.
Limit the services you avail to your needs
The final and one of the most important ways to get better merchant account processing fees is to make sure that you only avail of the services that your business really needs. There are merchant account processors that offer bundles of services for cheaper rates. In the end, they may come out more expensive for you as you are not able to really make use of the other services you are paying for. Always compare the products and services that a certain merchant account provider offers with the services you really need before dealing with them. This helps you minimize your expenses and fully utilize their services. Another piece of advice, do not go for an offshore type of merchant account if your business is small and you intend to cater to local clients only. This type of merchant account gives you added services, such as allowing acceptance of multiple payment currencies, which would be impractical and expensive for your business.
Merchant account fees can really be made cheaper if you just know what your business actually needs and you have enough knowledge in the costs involved as well as the bargaining ability. In effect, your business would be more profitable aside from increased sales brought about by the acceptance of credit cards and other electronic payment forms.
Making your business more profitable does not only involve finding ways to increase your sales. It also entails applying cost-effective means, such as getting better merchant account processing fees, to maximize your profits. Here are effective ways that help you obtain better processing fees on your merchant account:
Research as much merchant account providers as you can
A good way to start choosing the most cost-effective merchant account provider is to do a research. Gather as much merchant account providers as you can on the Internet so you will have more providers to choose from. Learn the relevant information, such as products and services they offer and their related processing costs.
Read and solicit customer feedback and reviews
In order to save time from going over many merchant account providers and reducing the risk of dealing with fraudulent providers, it is advisable to go over customer feedback and reviews. Look for merchant account providers that are known for giving retailers the best deals in the industry. Search for providers with a good reputation on pricing their clients, without misleading you with low introduction costs, but higher processing fees. A website that helps you provide such useful information includes credit-card-processing-review.toptenreviews.com. You can also ask opinions from other retailers regarding their merchant account processing experience.
Do a comparison of reliable providers
After you get ideas on which merchant account providers are reliable, you need to compare their services and their fees. Find out which provider gives the best deals by outlining the standard and value-added services as well as the different costs involved. You can again go to credit-card-processing-review.toptenreviews.com to help you with this task or cardfellow.com and other similar websites. If you see considerable differences in certain merchant account processing fees, do not assume instantaneously that a certain provider is expensive or cheap; rather, find out what makes the certain fee more expensive or cheaper. In other words, know the nature of the costs involved. This also helps you avoid being deceived by providers who significantly offer lower fees, but lists additional fees that are of exact nature to fees already included.
Ask for quotations
Before you decide which merchant account provider to deal with, narrow down your choices first and ask for quotations from these providers. In doing so, do not forget to identify the type and size of business you have. Rates are usually cheaper for smaller and less-risky businesses. Again, always ask about the nature of the costs involved if some are not clear to you. Inquire about possible rate increases in the later years of service as your deal usually involves a long-term contract. There are actually some providers who advertise very low rates, but increase their rates later on within your contract. Finally, do not forget to state other providers’ rates as other companies lower their fees in order to compete and win customers.
Limit the services you avail to your needs
The final and one of the most important ways to get better merchant account processing fees is to make sure that you only avail of the services that your business really needs. There are merchant account processors that offer bundles of services for cheaper rates. In the end, they may come out more expensive for you as you are not able to really make use of the other services you are paying for. Always compare the products and services that a certain merchant account provider offers with the services you really need before dealing with them. This helps you minimize your expenses and fully utilize their services. Another piece of advice, do not go for an offshore type of merchant account if your business is small and you intend to cater to local clients only. This type of merchant account gives you added services, such as allowing acceptance of multiple payment currencies, which would be impractical and expensive for your business.
Merchant account fees can really be made cheaper if you just know what your business actually needs and you have enough knowledge in the costs involved as well as the bargaining ability. In effect, your business would be more profitable aside from increased sales brought about by the acceptance of credit cards and other electronic payment forms.
Saturday, March 13, 2010
Lindsey Williams Spills the beans about oil and gas
Time Out Productions productions presents former chaplain for the men who built the Alaskan Oil Pipeline Lindsey Williams. Covered on the show is what he believes will be taking palce through the year 2010 based on what he was told by a high ranking former oil company executive.
Bob Chapman explains the Technocracy system and how they are bring the West to its knees - Alex Jones show 12 Mar 2010
Bob Chapman on the Alex Jones show 12 Mar. 2010
Alex Jones and Bob Chapman discuss the economic future of America and the ever emerging police state design to control the population.
Most U.S. Stocks Drop on Decrease in Consumer Confidence
March 12 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Most U.S. stocks fell, pulling the Standard & Poors 500 Index down from a 17-month high, as a drop in consumer confidence overshadowed an unexpected increase in retail sales. (Source: Bloomberg)
Friday, March 12, 2010
Why Platinum bullion is a Great investment
South Africa Is All About Platinum Bullion, Not Football...
South Africa is the main world producer of Platinum , a precious metal that is suffering from severe shortage in the market because there are no new mines discovered , not to mention that platinum is a useful industrial metal ,
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