TaxMasters, Inc. (OTC BB:TAXS)

Between January and March of 2010 Tax Masters grew by adding “a lot” of new clients, even while most businesses were showing signs of weakness.

TaxMasters must be doing something right as their client base grew by 29%, and that’s a significant growth rate!

Perhaps the reason is that TaxMasters does so much more than simply file tax returns. Today many people have IRS problems and it takes a knowledgeable firm to intercede on a taxpayer’s behalf, and this is one area of TaxMasters specialty.

With Gold primed to hit $2,000 an ounce, when it does, you might just need a good tax advisor. And there appears to be none better than TaxMasters.

Why do we say this, consumers speak loud and clear, and their voice equates to customers. During the last quarter TaxMasters increased their customer base by 29%, a striking reality of confidence in today’s times.

Another reason for TaxMasters apparent success could be that TaxMasters is a multifaceted company, and Tax returns are only one small part of their practice, but don’t be misled, its an important one.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

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By: Mike Zaman

In a demented sort of way, she is probably very typical. Her latest tirade makes me wonder where she has been for the past 30 years. Pelosi was elected to congress in 1987 during the height of off-shoring and after 23 years she has only now realized that American business are off-shoring their companies. It surely must be time she considered retiring, what great revelation will she make next?

“Can you believe that we have a tax policy that enables off-shoring?” said House Speaker Nancy Pelosi. “It’s not right, it will be corrected today.”

23 years and 63 million jobs too late!

The views expressed in any article, reports, or news writings are not necessarily the views of Crown Equity Holdings, Inc. nor its officers, directors, staff, or contractors or the opinions of this site. Views expressed in articles and news are those of the author alone. Please note that Crown Equity Holdings, Inc. is not liable for the contents above. Please read our disclaimer

By Mike Zaman

Investors already jittery over Europe’s financial crisis only needed one more incentive to bail completely from the market. That incentive has arrived in the form of Fitch’s downgrade of Spain.

Directly after the announcement the market took an immediate dive amounting to more than a one percent fall. By the end of the day the market could fall to a new low, and if it does it will set in play a Tuesday opening that could trigger a panic sell off.

At this point, we can only sit back, take a deep breath, and hope for the best.

The views expressed in any article, reports, or news writings are not necessarily the views of Crown Equity Holdings, Inc. nor its officers, directors, staff, or contractors or the opinions of this site. Views expressed in articles and news are those of the author alone. Please note that Crown Equity Holdings, Inc. is not liable for the contents above. Please read our disclaimer

By Mike Zaman

Fear is a tremendous driving force, but when we operate out of fear we seldom make the right decisions. To illustrate this, just look at our involvement in two wars of choice. While we have already lost both, we are hard pressed to admit it. And to add insult to injury we belonged in neither.

The price of Gold is not based on the law of supply and demand, neither is it based on the volume of its sales. Gold is a commodity whose value is determined in the back room of the Bank of England.

If on the other hand Gold were considered a currency, rather than a precious metal it would be a much different story.
As a currency it could float against a basket of currencies, and as inflation soars, as it will the value of gold would increase.
The current price of Gold on Thursday had traded as high as $1,220.60 and as low as $1,207.40. While the U.S. dollar index was slipping 0.94% to $86.30 and the euro was rallying 1.58% to $1.23 against the dollar. The spot gold price Thursday added more than $1, according to Kitco’s gold index, as investors opted for the physical metal over the easily-tradable futures contracts.

There is no doubt investors are concerned about the state of sovereign debts, however gold isn’t the panacea they believe it to be.
But panic is always a good motivator, and as such we are on the verge of seeing a new concept “Gold Vending machines” try to grab a market share.

The company, Germany-based GOLD to go, is currently whipping out 50 gold machines a month to meet the current demand. GOLD to go launched its first ATM in Abu Dhabi’s Emirates Palace Hotel earlier this month directly afterward they opened their second in Germany last week.

The gold ATM’s next destinations are the Bergamo Airport in Milan, Italy, all major airports in Malaysia, one of Russia’s biggest banks and an undetermined location in Turkey.

GOLD to go’s ATM looks like a vending machine and dispenses gold coins and bars weighing up to one ounce at prices updated every 10 minutes based on the real-time spot price of gold. ATM-owners can choose from a variety of other gold items, such as gold Canadian maple leaf coins, South African Krugerrands, and even some custom designs. For example, the special edition gold medallion it engraved with the Palace Hotel’s logo was created for the United Arab Emirate debut.

Although it’s an interesting concept, I can’t see a serious investor buying gold through a vending machine. Especially as there is no way to sell it back, and the price will include a margin for vending machines profits. So this isn’t for me. But then I don’t invest in gold either.

The views expressed in any article, reports, or news writings are not necessarily the views of Crown Equity Holdings, Inc. nor its officers, directors, staff, or contractors or the opinions of this site. Views expressed in articles and news are those of the author alone. Please note that Crown Equity Holdings, Inc. is not liable for the contents above. Please read our disclaimer