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,…