U.S. Money Reserve’s President Makes A Case For The Penny Elimination

A recent article on PR Newswire covered an interview on CNBC’s Squawk Box with Philp Diehl. He is the president of the precious metal broker known as U.S. Money Reserve. This was an important interview for him because Squawk Box is CNBC’s famous morning program, and he discussed eliminating the penny from circulation. The interview on Squawk Box happened at the end of December, and the topic is something Philp Diehl has been very vocal about. It is his opinion the penny has no use anymore, and it has a cost that outweighs its benefit.

According to the article, there are a group of economists who believe the elimination of the penny will negatively impact prices and inflation. Philip Diehl responded to the observation by pointing out the progression of technology in the market. Only a quarter of all transactions use cash and the rest are done electronically. This means there would be a minimal amount of transactions affected by the possible change. He also believes merchants would end up going down on their prices due to competition in the market.

There is even more criticism of the elimination based on its cost to make versus the nickel. The nickel costs nearly 10 cents to made, but Philip Diehl point out the composition of the nickel can be altered from the copper and nickel mix to still make its production profitable, but he says the penny is quite the opposite. If the penny is eliminated, then it will save around $105 million in taxes. He believes the penny production is being maintained and protected because of special interest groups and lobbyists from the zinc market, and this may be true because the penny is 97.5% zinc.

As the U.S. Money Reserve President, Philip Diehl knows about metal and its value. U.S. Money Reserve is a popular dealer of precious metals. It sells only the highest quality silver, gold and platinum coins. The company only deals with coins and bullion minted in the United States. The financial advisers and brokers at U.S. Money Reserve are all seasoned investors and experts in the precious metal commodity market too. The company was founded in 2001 and it is based out of Austin, Texas. U.S. Money Reserve is known for fostering long relationships with its clients, and it is very active in the local community as well. It is the goal of the company to make every investment profitable.

U.S. Money Reserve’s President Makes A Case For The Penny Elimination

Town Residential’s Quarterly Report of NYC Real Estate

As reported on Virtual Strategy Marketing on January 5th, despite the “soft patch” that New York City’s market experienced in the Fall, the average listing prices are climbing and nearing an average of $2 million. The firm Town Residential just released its quarterly market report of residential property for NYC apartments for rent showing this gain.

For the past several years Manhattan’s average sales have seen a rise of 5.2%, bringing the dollar average to just over $1.9 million. The median sales price saw an even greater rise of 16%, reaching just over $1.5 million. This brings the average price per square foot to $1,505; an increase of 8.4% from the year before. However, the largest increase year-to-year has been in Manhattan condos which have seen a 20% gain for a median of over $1.7 million (an 11% rise in square foot).

Town Residential’s report looks at property sizes to better reveal the trends of the market. The property size that surpassed the $3 million mark with a 15% increase was three-plus bedroom housing. For one, two, and three bedroom properties the median prices were $1.0+ million, $2.0+ million and as much as $4.4+ million.

These trends are reported to have much to do with the gap between new and resale listings. New developments are offering “trophy listings” that are affecting the market medians. Town Residential’s CEO speaks about the credit that these trophy listings get for the quarters closing numbers.

As always the market is in the hands of the buyers. Itzy Garay, Town Residential’s Vice President of Sales and Leasing speaks to this saying “The power continues to shift to the buyer and their cost-conscious approach contributed to the quarter’s sharp increase in median days on market.” Because of the information available to buyer today Garay says they are better armed. More than ever buyers are able to make more informed decisions and are no longer willing to pay just any price. They themselves have become experts.

This quarterly report covers sales and listings from October through December of 2015. Not only does the report cover previous quarter data, it also takes into account year-over data to show a broader picture of the market’s strengths and weaknesses.

Town Residential’s Quarterly Report of NYC Real Estate

Wikipedia Writing Service Get Your Wiki is The Best in the Business

There are a lot of Wikipedia writing services that you may want to use for your needs. You can give the work to someone else that will create a page that will be some of the best advertising possible. 

Getting the Right Information

There are a lot of information the company will need in order to create a page that will work for your business. This may mean you are creating things for the writer to write about on your page. The biggest thing is to get things right for your page and make all of the information available for your page. This means everything about you and the company you have so you are letting people know about you. 

What to Have WIKI WRITERS Add for You

There are a lot of things you should add to your Wikipedia page. The most important information is the personal information about how you started your company. This will include when it was created and how it happened. You can also include things that most people don’t know about your company so it’s more personal to them.

Why Hire Wikipedia Writers to Make Your Page

The biggest reason is to save time. This way you will be able to get the information in the right place and will be able to make a Wikipedia page look more professional. This is a huge deal if you are a company yourself because you can keep everything looking the same and branded the way you want it. They also will have the job done faster than you may have because they normally are doing this kind of work all the time. Get Your Wiki is my personal preference among Wikipedia writing services as they hire Wiki writers that are vetted, have fast turnaround and know the ins and outs of all of the site’s regulations. Check out their Twitter to get the latest and greatest from them.

Another reason is to save you time. You can take the time you have and do other things that are important to your business. This means you get more work done while you are still working on the page too. By hiring a company, you can not worry about that page getting done along with everything else you are doing. 

Take your time when looking at different Wikipedia creation companies.  The last thing you want is to have someone working on your page that you don’t think will do the best that can be done. If you look at different companies, you can make a better choice for yourself and your Wikipedia page in the long run.

Wikipedia Writing Service Get Your Wiki is The Best in the Business