China is also looking to promote the Yuan around the world to become more prominent in international trade. This is a very big deal. Especially as it is coming at a time when there are…
Arguably, central banks aren’t known for being early adopters of tech. So the fact that they are investigating cryptocurrencies less than seven years after their creation is rather forward-thinking by their standards.
Bitcoin — and other cryptocurrencies for that matter — are unlike anything we have ever seen. The scepticism that central banks have towards cryptocurrencies should be your incentive to learn more about them.
The only way to stop this trend without causing a major crisis is to bring gold back into the system as an official measure of value.
The cryptoconomy is a new phenomenon. It’s a digital economy made up of hundreds of different kinds of ‘currency’. These are all digital currencies.
Funny money is getting funnier and funnier. Our challenge is to figure out who the butt of the joke is.
The Shanghai Accord in its simplest form is a weaker dollar. It was a way for China to cheapen their currency without breaking the peg to the US dollar.
The IMF will hold its annual meeting, to consider additional steps to expand the role of SDRs and make China an integral part of the new world money order.
This new system created on this day 45 years ago, money is gotten sweat-free, in the air-conditioned towers of the big banks… …and used by the ‘Parasitocracy’ to rule the nation.
US stocks bounced yesterday, with the Dow up 269 points. Was that all there was? Is the ‘Brexit’ scare over?
As we began to look into famous historical instances of hyperinflation, it became clear that the presence of an alternative form of money was the key to hyperinflation.
Being told what to do and how to operate by unelected and faceless Eurocrats would be enough for me to vote for a Brexit.
At times, gold behaves like a commodity. It tracks the ups and downs of commodity indices. At other times, gold is viewed as a safe haven investment.
The Aussie dollar rally comes less than a day after the Australian Bureau of Statistics reported horrendous trade data for December.