Newsletter Issue #409

Entrepreneur & Author

JeffCorbett.com

Andrew Mellon meets Bitcoin

“The United States continues to go with digital currency.”  

——-

Andrew Mellon was a Pittsburgher and an iconic member of the historic family that founded Mellon Bank.  My father once met Andrew.  Dad was a child selling raffle tickets and accidentally (on purpose) wandered onto the Mellon estate, which is now a park in the Shadyside neighborhood of Pittsburgh.  As my father told the story, it was an early weekend morning, and Mr. Mellon was standing in his garden wearing a robe and drinking a cup of coffee when dad approached him and asked if he wanted to buy a raffle ticket.  Mr. Mellon was extremely gracious and bought all of them before sending my father on his way.  Thus, my family’s brush with Pittsburgh royalty abruptly ended.

Andrew Mellon Bio

Andrew Mellon (1855-1937) was an American banker, industrialist, philanthropist, and influential politician. He played a major role in shaping the U.S. economy during the early 20th century, especially as Secretary of the Treasury from 1921 to 1932.

In his wildest dreams, Mr. Mellon could not dream that his bank would become the first United States bank to offer cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of dollars of traditional assets.

Bank of New York Mellon-Corp., one of the United States oldest banks, is now accepting the once-fringe digital currency of bitcoin.  The custody bank now holds, transfers and issues bitcoin and other cryptocurrencies on behalf of its asset-management clients. This represents a major shift, and we think deserves much more attention than it has received in the media as the United States shifts to accepting digital currency into the mainstream.

A brief timeline of bitcoin:

Bitcoin has had one of the most volatile trading histories of any vehicle and would be considered speculative.  Please consult with your investment professional prior to considering taking a position.

We hope you enjoy this week’s edition.

• To review other editions of our newsletter please see our website:  GlobalCommonCents.com
• For more about my personal wonderings please see my blog:  JeffCorbett.com

The Drama Triangle

“ You see it every day.” 

——-

Ever notice how many victims there are in this world?

I am not talking about those who are truly going through tragedy but rather individuals – and we all know someone – who seem to spend their entire lives in a state of victimhood. They are consistently pointing to someone else as the source of their problems and persecution.

In a business environment this can become an unbelievably difficult situation to deal with.

Dr. Paul Friday in his book “Friday’s Laws:  How to become normal if you’re not and how to stay normal when you are” discusses this phenomenon in detail.  It is known as the “Drama Triangle or the Victim Triangle.”  Friday’s Laws

The Drama Triangle is a concept in psychology that describes a cycle of conflict and dysfunctional interaction where people take on one of three roles:

People often shift roles within the triangle, perpetuating unhealthy relationships with potentially tragic results.

A real long-term difficulty results if the person involved reinforces this perspective to the point of becoming part of their self-identity and cannot see their own victimhood.

Perhaps the most dramatic example of this phenomena is when a police office response to a domestic dispute.  He often enters as the “rescuer” but quickly can be viewed as the “persecutor” with devastating consequences.

The way out of this cycle is to adopt more constructive roles: taking responsibility (instead of victimhood), setting boundaries (instead of persecuting), and offering support without enabling (instead of rescuing).

Recognizing the “Drama Triangle” is a valuable tool and I am willing to bet that you will now see an example or two this evening on your favorite news broadcast.

Anguilla a Caribbean Paradise

“Known for IBCs, Trusts & Captive Insurance Companies.”  

——-

Anguilla, a British Overseas Territory in the Eastern Caribbean, comprises a small main island and several offshore islets. Its beaches range from long sandy stretches like Rendezvous Bay, overlooking neighboring Saint Martin island, to secluded coves reached by boat, such as at Little Bay. Protected areas include Big Spring Cave, known for its prehistoric petroglyphs, and East End Pond, a wildlife conservation site. Anguilla offers a straightforward process for incorporating companies via the Anguilla Commercial Online Registration Network (ACORN)

About ACORN

Anguilla
Location: Eastern Caribbean Sea
Capital City: The Valley
Population: 15,117 (2021)
Language Spoken: English
International Time: EST + 1 hour
Airline Service: American Eagle, Windward Islands Airways, Air BVI, Air Anguilla, r
Currency: Eastern Caribbean Dollar EC$2.70 = US$1
Type of Government: British Dependent Territory
Economy: Government and private sector aggressively promoting advantages offered by Anguilla.
Tax Treaty with US: No

Video of Anguilla

Additional Notes: In 1995 a hurricane hit the island and contributed to a substantial reduction in industrial output. This is a zero-tax jurisdiction with no exchange controls on currency. A 1990 investigation conducted by Coopers and Lybrand on behalf of the British Government resulted in new offshore banking regulations. 31 of the 44 previously licensed offshore banks had their charters revoked

Chivalry in the Modern Age

by Candace Smith
The Etiquette Blog
Candace Smith Etiquette

Biography:  Candace Smith, wife of Nobel Prize-Winner Professor Dr. Vernon Smith and owner of the extraordinary blog, “Etiquette for the Business of Life” as featured by BBC, Chicago Tribune and USA Today offers her insights.

“Chivalry isn’t dead.” 

——-

When The concept of chivalry has evolved significantly since its medieval origins as a code of conduct for knights.  Discussions of chivalry in the modern age often spark debate about gender roles, social expectations, and the intersection of traditional values with modern equality. As someone who believes in equality of personhood, the thought of requiring people to believe in and practice customs of chivalry may seem odd.  But let’s explore how chivalry has transformed in the 21st century and examine its relationship with feminism and basic civility.

The Evolution of Chivalric Values

The word chivalry brings to mind gallant knights rescuing damsels in distress.  Although the word itself is still closely connected to the order of knighthood, it feels a bit antiquated when associated with rescuing or extending courtesies to women.

When the feminist movement went into full swing in the 1970s, some women began rejecting acts of chivalry.  Until then, men were known to:

Each of these acts are admirable and based on the desire to show respect.  But from a modern perception, they may also highlight the idea that women are weak or vulnerable. Over time, as the appreciation for these indulgences faded, many men have ceased extending them.  Thus, leading to the lament, “Chivalry is dead.”

The Equality Adjustment

The feminist and civil rights movements have significantly influenced how society views chivalrous behavior.  Critics argue that traditional chivalry perpetuates gender stereotypes and implies women need protection or special treatment.  However, chivalry in the modern age advocates for a reformed understanding of the tradition that aligns with equality.

When I referred to my collection of etiquette books for opinions on this topic, I failed to find the word “chivalry,” except in Letitia Baldridge’s New Complete Guide to Executive Manners. The chapter title is, “Chivalry Isn’t Dead. It’s Just No Longer Gender-Based.”
What a revelation!

Key changes in chivalric practices influenced by equality include:

Though we still have a way to go as far as equality goes, there is no reason to exclude kindness and consideration to everyone equally.  Think of it this way: if “chivalry” is used synonymously with “civility”, then it isn’t dead at all!

In an equally chivalrous society, expressions of courtesy may look like this:

Modern relationships benefit from combining the best aspects of both chivalry and civility. This balanced approach focuses on:

A Continuous Evolution

Chivalry in the modern age represents an evolving set of values that combines traditional courtesy with civil equality in our day. The degree of this evolution will be determined by our individual attitudes and acceptance of one another, while maintaining civility’s core focus on respect and consideration for others.

Respect for our fellow humans is anchored in kindness and compassion.  When applied thoughtfully, modern chivalry and etiquette rules enhance rather than contradict principles of equality. It shows that consideration for others enhances our commitment to treating everyone with respect and dignity.

What to do if You Have Buyer’s Remorse!

by Morayma MaKay
Corporate Relocation Consultant & Coach
Get-Ready-Set-Move  

“The art of the move.” 

——-

So, you’ve made the big move. The boxes are unpacked, you’ve found the nearest coffee shop, and yet—something feels off. Instead of excitement, you find yourself feeling regret. Buyer’s remorse after moving to a new city is more common than you might think, but the good news is that it doesn’t have to last forever. Here are some steps you can take to work through those feelings and start seeing your new home in a more positive light.

Give Yourself Time
Moving is a huge life change, and it can take time to adjust. It’s normal to feel a little homesick or uncertain in the beginning. Give yourself permission to feel those emotions, but remind yourself that this transition is temporary. Most people need at least a few months to settle into a new environment fully.

Explore Your New Surroundings
Sometimes, regret stems from feeling disconnected or unfamiliar with your new city. Take some time to get out and explore. Visit local parks, try new restaurants, attend community events, or take a walking tour. Getting to know your surroundings can help you start building a connection with the area and might even lead you to some hidden gems.

Focus on What You Loved About Moving
Think back to the reasons you moved in the first place. Was it a better job opportunity? A lower cost of living? A fresh start? Reconnecting with your initial motivations can help put things in perspective and remind you of the positive aspects of your decision.

Create a Routine
Feeling like a stranger in a new place can be unsettling. Establishing a daily routine can help you feel more grounded. Whether it’s a morning walk, a regular grocery shopping day, or a standing coffee date with yourself, routines can give you a sense of normalcy and comfort.

Connect with Others
Loneliness can intensify feelings of regret. Try to meet new people by joining local groups, clubs, or fitness classes. Apps like Meetup and Facebook often list events where you can connect with others who share your interests. Volunteering is another great way to meet people while giving back to your community.

Make Your Space Feel Like Home
Your home should be your sanctuary. If your new place still feels unfamiliar, invest some time in decorating it to reflect your personality. Hang up photos, add cozy touches like pillows and candles, or bring in some plants. Creating a comforting space can help you feel more settled.

Talk It Out
Sometimes, you just need to voice your concerns. Talk to a trusted friend, family member, or even a therapist about what you’re feeling. Getting an outside perspective can help you see things more clearly and provide reassurance that what you’re experiencing is normal.

Reframe the Experience
Try to shift your mindset. Instead of viewing your move as a mistake, see it as an adventure and a learning opportunity. Even if this city isn’t your forever home, it can still offer valuable experiences and personal growth.

Set Small Goals
Big changes can feel overwhelming, so start small. Set achievable goals like trying a new coffee shop each week or visiting a nearby landmark. Small victories can boost your confidence and gradually improve your outlook.

Know That It’s Okay to Reevaluate
If, after giving it time and effort, you still feel unhappy, it’s okay to reassess your situation. Moving again might not be ideal, but your well-being is important. Sometimes, the bravest choice is acknowledging when something isn’t the right fit.

Buyer’s remorse is a natural part of big life changes, but it doesn’t mean you made the wrong choice. When you try giving yourself time, exploring your surroundings, connecting with others, and creating a comforting routine, you can start to see your new city in a new light. Who knows? It might just become the place you never want to leave!

Is there Gold in Fort Knox?

“Could it be missing?” 

——-

President Trump announced this week his intention to go to Fort Knox and see for himself if the gold is really there.  Surprisingly, most people know very little about this iconic location, so we thought it would be timely to offer this review.

Did You know?

• Did you know that there hasn’t been a comprehensive independent audit of Fort Knox’s gold since 1953?
• Concerns about the gold are not new. In 1974 a few select reporters were allowed inside Fort Knox for a rare tour to prove the gold was still there. This tour, however, did little to slow skepticism.

Overview:

Fort Knox is a United States Army post in Kentucky, best known for housing the United States Bullion Depository, which stores a large portion of the country’s gold reserves. The facility is one of the most secure locations in the world, with extensive security measures, including heavily armed guards, electronic surveillance, and reinforced construction.

Key Facts About Fort Knox:

Built in 1936 to store gold as part of the U.S. response to the Great Depression and the economic policies of President Franklin D. Roosevelt. The gold was transferred from various locations by train in secret, under heavy guard.

During World War II, Fort Knox also safeguarded important national documents, including the Declaration of Independence, the Constitution, and the Magna Carta.

Despite numerous theories to the contrary, the U.S. government has repeatedly stated that the gold reserves remain intact. Fort Knox continues to serve both military and financial security functions today.

What if it is Missing? 

If the gold in Fort Knox were missing, the consequences would be significant, both financially and politically.

1. Massive Loss of Trust in the U.S. Government & Economy

2. Gold Prices Would Skyrocket

3. Investigations, Scandals, and Political Fallout

While Fort Knox’s gold is not essential to the U.S. monetary system today, its disappearance would destroy public trust, destabilize markets, and spark major political and economic turmoil. The fallout would be global.

Please keep in mind this information should not be considered as financial advice. Investment decisions should be based on individual research and consultation with a qualified financial professional. The value of investments can fluctuate, and past performance is not indicative of future results. Always consider your risk tolerance and financial goals before making investment decisions.

Is TMG a Supplement for You?

“A warm bowl of nourishment.” 

——-

Does it support muscle gain, weight loss & cardiovascular health?

Whether it’s a good supplement for you depends on your health goals and individual needs.  Always consult with your physician.

Here’s a brief overview:

TMG (Trimethylglycine) supplements are commonly used for their potential benefits in methylation support, heart health, and athletic performance. TMG is a naturally occurring compound found in foods like beets, spinach, and whole grains, and it plays a crucial role in cellular function by donating methyl groups in biochemical reactions.

Potential Benefits of TMG Supplements:

1. Methylation Support: TMG helps in methylation, which is essential for DNA repair, liver function, and neurotransmitter production. It works closely with folate and vitamin B12.

2. Homocysteine Reduction: TMG may help lower homocysteine levels, which, when elevated, are linked to heart disease.

3. Liver Health: It supports liver detoxification and bile function, making it beneficial for overall liver function.

4. Athletic Performance: Some studies suggest it may improve power output and endurance in athletes.

5. Cognitive Support: Due to its role in neurotransmitter function, some people take it for brain health and mental clarity.

Typical Dosage & Side Effects:

Typical doses range from 500 mg to 3,000 mg per day.

Side effects are rare but can include digestive discomfort, insomnia, or mood changes if taken in excess.

It should be used with caution by people with certain conditions, like bipolar disorder, due to its impact on neurotransmitters.

Here are a few video reviews:

Video #1

Video #2

Again, always consult your doctor.

Non-Alcoholic Beer Trends

” The fastest growing segment.”    

——-

Advertisements for non-alcoholic beer may never prove as prevalent as commercials for alcoholic beers, but the growing visibility of such promotions likely comes as no surprise to industry analysts familiar with the growing popularity of alcohol-free beer.

According to the Beer Institute, the market for non-alcoholic beer tripled in size in the half-decade preceding 2025. Indeed, an economist at the Beer Institute indicates that non-alcoholic beer is the fastest growing segment in the beer industry. In addition, a recent report from the Brewers Association indicated a 30 percent year-over-year increase in non-alcoholic beer sales in 2024, and industry experts estimate the market size for non-alcoholic beer will increase from $20 billion in 2023 to $40 billion in 2033.
There are some great non-alcoholic beers out there, depending on what style you like. Here are some favorites across different categories:

Lagers & Pilsners:

Heineken 0.0 – Crisp, refreshing, and pretty close to the original.

Clausthaler Original – Classic German-style NA lager with a nice malty sweetness.

– A solid hoppy lager with a little extra character.

IPAs & Hoppy Beers:

Athletic Brewing Run Wild IPA – One of the best NA IPAs, with great hop aroma and balance.

Lagunitas IPNA – Classic West Coast IPA vibes, but without the alcohol.

BrewDog Punk AF – A flavorful and citrusy IPA from the UK.

Dark Beers & Stouts:

Guinness 0.0 – Smooth and creamy, just like the full-strength version.

Bravus Oatmeal Stout – Rich and chocolatey with a nice roasted malt character.

The Fastest Growing Sport

“Pickleball takes center-stage.” 

——-

Pickleball is the fastest growing sport in the United States.

The Sports & Fitness Industry Association reports the popularity of pickleball has grown by 223.5 percent over the last three years, with participation increasing across all age groups. The average age of a pickleball player is now 35.

Pickleball attracts players for a number of reasons. In addition to promoting socialization and serving as a generally entertaining activity, pickleball offers a number of health benefits. Anytime Fitness says that pickleball is a great cardiovascular workout. It is estimated that a pickleball game can burn up to 600 calories per hour. Pickleball also helps to improve lung function and can strengthen the heart.

A 2018 study published in the International Journal of Research in Exercise Physiology found playing pickleball may lower the risk of heart disease by positively modifying risk factors like blood pressure and cholesterol levels. Since pickleball is a fast-paced game, it may help improve cognitive function and memory recall due to the quick thinking the game requires. Also, because pickleball is played on a smaller court than a regulation tennis court, it can be easier on players’ joints since it doesn’t require covering as much ground.

Professional Pickleball!
Professional pickleball has experienced significant growth in recent years, leading to the establishment of several prominent leagues and tournaments worldwide.

United Pickleball Association (UPA):
In 2023, the Professional Pickleball Association (PPA) and Major League Pickleball (MLP) merged to form the United Pickleball Association (UPA). This merger unified the sport top professional tours under one organization, streamlining events and competitions.

Association of Pickleball Players (APP):
Founded in 2019 by Ken Herrmann, the APP aligns with USA Pickleball (USAP) and sanctions all its games under USAP rules. The tour includes numerous tournaments across multiple countries, attracting both amateur and professional players. In 2023, the APP rebranded from the Association of Pickleball Professionals to the Association of Pickleball Players to reflect its inclusive support for all levels of play.

National Pickleball League (NPL):
Established in 2022, the NPL is a professional league catering to players aged 50 and above. The league features team-based competitions, with each team representing a city and comprising both male and female players. The NPL provides a platform for senior athletes to compete at a professional level, promoting inclusivity within the sport.

International Expansion:
The global appeal of pickleball has led to international tournaments and leagues. The World Pickleball Cup, established in 2024, is an international tournament series that unites national teams in competitive play, promoting the sport worldwide. Regional qualifiers are held biennially, leading up to the World Final.

The professional pickleball landscape continues to evolve, with increasing opportunities for players and growing international interest.

Where “The Rat Pack” Once Ran!

“A warm getaway.”

——-

As the “Southwest Airlines motto goes, “Do you want to get away?”  How about someplace warm with outstanding restaurants, world-class golf and tennis, great shopping?

Well, here’s one of our favorite places in the world – Indian wells, California.

And there is no better time to go than late February and early March!

Indian Wells, is a small, affluent city, located in the Coachella Valley of Southern California which is about a 3-hour drive from either Los Angeles or San Diego. You can also fly directly into Palm Springs International Airport. It’s best known for hosting the BNP Paribas Open also known as the Indian Wells Open, one of the most prestigious tennis tournaments outside the Grand Slams, held annually at the Indian Wells Tennis Garden.  This year the tournament is being held March 5^th through March 11^th.
Click Here for Info

It might be a stretch to say this area is where the infamous “Rat Pack” once ran since it is one of five cities in the Palm desert area and it was not really developed yet when Frank and the boys ran the town.  Nevertheless, Palm Springs, where you can still rent the Sinatra compound, is only 20 minutes away.

Key Features of Indian Wells:

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Corb7 International, Inc.
a Business Advisory & Publishing Firm
www.Corb7.com