With the world’s eyes focused on the Brexit vote, and the subsequent rollercoaster ride of the stock market, we may be overlooking much more serious developments elsewhere. As recently as …
currency
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Money
Understanding the Inverse Relationship Between Gold and the Dollar
by Bruce Haringby Bruce HaringFrom 1900 to 1971, the world relied on the gold standard to determine the value of a currency. During this period, a currency unit’s price was tied to a particular …
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The situation in Greece is nothing short of financial chaos. Shares on Europe’s stock market shed a full 1% of their value and, here in the U.S., the Dow dropped …
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In the latest financial scandal to come to light, five of the world’s biggest banks are settling charges of currency manipulation. Those banks included JPMorgan Chase and Citigroup, which ended …
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Last year I speculated that 2015 was going to be a tougher year for equities than what we’ve been used to seeing and gold prices would rebound. So far 2015 …
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If you thought the volatility in the first month of 2015 has been wild so far, that was just the warm up act. This week promises to bring even more …
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For investors saying that 2015 started off with a bang would be a massive understatement. While it was fairly easy to see that volatility was coming, the size of the …
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Last week, the state of Oklahoma made it official — as of November 1st of this year, gold and silver will be legal tender. The Sooner State is the fourth (following Utah, Texas, …
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To really understand why China wants to dominate bitcoin, we need to first look at exactly what “bitcoin” is. From Wikipedia: Bitcoin: (sign: BitcoinSign.svg; code: BTC or XBT) a distributed, …