Articles related to currency
 
Stewart Thomson - Graceland Update
Gold And Cryptos Destroy Fiat
I’ve predicted that a long period of deflation in the Western world would end with a Fed taper, rate hikes and quantitative tightening. That’s clearly in play now, and the deregulation of America’s thousands of small banks is perhaps the most exciting event taking place on this new “inflationary frontier”. Because of these powerful monetary trends, I’ve predicted big problems ahead for Wall Street and somewhat better times for Main Street. Having said, that, I think investors would be making a
Wednesday, December 13, 2017
Thorsten Polleit
Asset Prices Are Prices Too
We live in inflationary times. Some people might consider this statement controversial. This is because these days inflation is widely understood as a rise in the consumer price index (CPI) of more than 2 percent per year. However, there are convincing reasons to question this viewpoint. On the one hand, the CPI does not include “assets” such as, for instance, stocks, housing, real estate, etc. As a result, the price developments of these goods are not accounted for by the changes in the CPI.On
Wednesday, December 13, 2017
Jason Hamlin - Gold Stock Bull
The Infinite Potential of Blockchain Technology
Many people have now heard of bitcoin and cryptocurrency.  And many have heard the term “blockchain” thrown around.  But what is this new technology, and why is it such a big deal?  How does it work? What other uses for blockchain exist outside of facilitating financial transactions?  How does it make traditional banking obsolete? Blockchain defined A blockchain is a distributed ledger of transactions that use cryptography to keep exchanges secure.  A distributed network of computers verifies or
Wednesday, December 13, 2017
Bullion Vault
Spot Gold Halves Post-2014 Recovery vs. Euro Ahead of Fed, ECB, BoE Decisions as Middle East Tensions Worsen
SPOT GOLD prices failed to hold a 0.4% overnight rally from new 5-month lows in London on Tuesday, slipping back as world stock markets rose again ahead of tomorrow's key US Fed decision on Dollar interest rates amid worsening tensions in the Middle East. Edging back towards $1241 per ounce today, the price of gold bullion for immediate delivery has now halved the 16% gains for 2017 reached at early September's 12-month peak.
Tuesday, December 12, 2017
Mac Slavo - ShtfPlan
North Korea Hacks Bitcoin Exchanges Attempting To Steal Amid Bubble Warnings
The value of soaring crypto-currencies is creating a bubble financial analysts continue to warn about, but it’s also making it overly appealing to cyber thieves.  North Korean hackers are now attempting to steal bitcoin, as experts warn of an impending financial dilemma. Ashley Shen, an independent security researcher, said: “We assume one of the reasons why Bitcoin is being attacked is because the price keeps increasing and we think it’s reasonable for hackers (to target). Digital currency migh
Tuesday, December 12, 2017
Michael Ballanger
Cryptojunkies: Beware the Ides of December
It was two years ago this week that I proclaimed that we were witnessing the final lows in the 2011–2015 bear market in the precious metals as gold traded down to $1,045 amidst total capitulation by the Large Specs and after massive short-covering by the Commercial traders. The weekly COT for that week showed an aggregate short position of a miniscule 2,911 contracts down from the earlier highs of over 300,000 contracts. About six weeks later, despite the earlier bottom in gold, the HUI (NYSE Ar
Tuesday, December 12, 2017
Phoenix Capital - Gains Pains & Capital
Bitcoin Futures Race: Will Bitcoin Cash Lure the Crowd?
Bitcoin is making quite a name for itself. Once understood as a niche financial product intended to facilitate peer to peer (P2P) transactions, Bitcoin has skyrocketed more than 1,000% to become one of the most valuable and coveted commodities on earth. As a result, Bitcoin is attracting attention from mainstream financial institutions including Goldman Sachs, CMO Group Inc., and Cboe Inc. Last week, Cboe announced that it would begin trading Bitcoin futures on December 10th, which promptedCNBC
Tuesday, December 12, 2017
Mac Slavo - ShtfPlan
“It Is Set To Impact The Life Of Every Single Human Being” – Crypto Currency Revolution [Complete Film]
The latest short film from Jonathan Roth discusses the advent of the blockchain, where it goes next and how the technology will impact every single human being on the planet. Featuring investment powerhouses like Frank Giustra and Frank Holmes, as well as  mathematician and finance entrepreneur  Marco Streng: The blockchain will disrupt nearly every industry from purchasing groceries to heating your home… everyone from banking to government is racing to develop the technology. Watch the full mov
Monday, December 11, 2017
Phoenix Capital - Gains Pains & Capital
The Process Through Which the First Major Central Bank Goes Bust Has Begun
In the aftermath of the Great Financial Crisis, Central Banks began cornering the sovereign bond market via Zero or even Negative interest rates and Quantitative Easing (QE) programs. The goal here was to reflate the financial system by pushing the “risk free rate” to extraordinary lows. By doing this, Central Bankers were hoping to: 1)   Backstop the financial system (sovereign bonds are the bedrock for all risk). 2)   Induce capital to flee cash (ZIRP and NIRP punish those sitting on cash) and
Monday, December 11, 2017
Bullion Vault
Silver Prices Erase 2017 Gain as Comex Bulls Retreat Fastest Ever Before Fed Rate Hike, CBOE Bitcoin Launch
SILVER PRICES failed to follow a small bounce in gold bullion Monday morning in London, holding unchanged versus the US Dollar from New Year 2017 as gold held $100 per ounce higher from January 1st ahead of this week's long-anticipated US Federal Reserve decision on interest rates. With silver prices slipping towards last week's new 5-month lows beneath $15.70 per ounce, world stock markets rose with commodities and major government
Monday, December 11, 2017
Keith Weiner - Monetary Metals
Bitcoin Hyper-Deflation
A meme we have seen in the bitcoin community seems to be gaining traction. Bitcoin is deflationary. That is prices of things, measured in bitcoin, are falling. For example, in spring 2011, gasoline was Ƀ1.00. This week, that same gallon had fallen to Ƀ0.0001875. Gas has gone down by 99.98 percent! We don’t think that even the diehard bitcoin bugs really believe this. But it leads to an interesting point. In the past, we have used the analogy of measuring a steel meter stick with stretchy rubber
Monday, December 11, 2017
Chris Powell - GATA
How much has U.S. or Russia already paid for the bitcoins Bulgaria confiscated?
* * * Bitcoins Seized by Bulgarian Police from an 'Organised Crime Gang' Would Now Pay Off a Fifth of the Country's National Debt By Scott Campbell Daily Mail, London Saturday, December 9, 2017 Bulgarian police have seized enough bitcoins to pay off a fifth of the country's national debt after the value surged by 600 percent in half a year. Officers are said to have confiscated hundreds of thousands of units of the virtual currency worth $500 million from an organised crime gang in May. But the
Monday, December 11, 2017
Chris Powell - GATA
Bitcoin billionaire Winklevoss sees the cryptocurrency replacing gold
By Olga Kharif Bloomberg News Saturday, December 9, 2017 Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency's blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold. Wall Street's plan to launch futures contracts on Sunday, making it easier to bet against the digital currency's rally in recent months, is making some enthusiasts nervous -- but not Winklevoss. He's on
Monday, December 11, 2017
Chris Powell - GATA
Russia-China real gold standard means end of U.S. dollar dominance
Interviewing Swiss monetary metals expert Claudio Grass today, Russian government news agency Russia Today signifies again that the Russian government knows all about the Western gold price suppression scheme even if the monetary metals mining industry refuses to acknowledge it. The interview also signifies that Russia, China, and other countries that understand that the United States uses the dollar's reserve currency status to control the markets and the world are working to restore gold to a
Monday, December 11, 2017
Chris Powell - GATA
Bitcoin mania could boost efforts to dethrone dollar, analyst says
Bitcoin mania could prove to be the flashpoint for some of the world's largest oil-producing countries to make a major move against the dollar, according to one commodity analyst. The world's most popular cryptocurrency has skyrocketed in recent months, soaring above $19,000 on Thursday on the Coinbase exchange, before notching a huge decrease. Such wild price swings have prompted some of the world's biggest banks to denounce bitcoin as a fraud, warning investors of a speculative bubble doomed t
Monday, December 11, 2017
Phoenix Capital - Gains Pains & Capital
Federal Reserve Created Bitcoin and Other Percolating Bubbles - Michael Carino, Greenwich Endeavors
The Federal Reserve’s tools for achieving its dual mandate of low inflation and full employment manipulate interest rates and therefore markets.  This manipulation of rates reverberates globally. Their manipulation historically had been more light handed and invisible to most of the public.  However, over the last decade, their impact on interest rates and yield levels have been the most dramatic in the history of the Federal Reserve.  Whenever you have policies that are extreme, it is best to
Monday, December 11, 2017
Mish - Global Economic Analysis
Bitcoin Stable: CBOE Website Crashes
Nobody was quite sure what would happen when the futures markets opened on Sunday night. We now know.This evening, CBOE futures launched. These Tweets describes the result. The Wall Street Journal reports Bitcoin Futures Begin Trading With a Bang, CBOE Website Stalls. The first bitcoin futures started trading Sunday, sparking a swift run-up in the price of the digital currency as the exchange provider’s website experienced outages from heavy traffic. Trading of the hotly anticipated U.S. bitcoi
Monday, December 11, 2017
Stewart Dougherty
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat (Part 2)
Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battle
Sunday, December 10, 2017
Phoenix Capital - Gains Pains & Capital
People Are Plowing Millions Into ‘CryptoKitties’ And Breeding Them
Content originally published at iBankCoin.com It was bound to happen... Cat people have hopped on the digital currency bandwagon and collectively plowed over $6.7 million into 'CryptoKitties' - an Ethereum-based virtual cat described as "breedable Beanie Babies," which have sold for upwards of $114,000. Each. The median price of CryptoKitties is $25.04. DIGITAL CAT BREEDING SCHEME "CryptoKitties players buy and sell unique digital kittens using ethereum. With two kittens, players can then breed
Sunday, December 10, 2017
Jason Hamlin - Gold Stock Bull
Why Have So Many Financial Experts Have Been Wrong About Bitcoin?
The bitcoin price has rocketed roughly 1,500% higher in 2017 to around $19,000, before correcting to the current price at $15,000. The #2 cryptocurrency by market cap, Ethereum, is up more than 5,000% year to date and many of the altcoins that we track have enjoyed similar gains. Cryptocurrencies have been one of the best-performing asset classes of all time. So, why have so many astute investors and otherwise intelligent people been completely wrong about bitcoin? Why do they profess to know it
Sunday, December 10, 2017
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