Tag Archives: currency

Bitcoin: Revolutionary Game-Changer Or Trojan Horse?

  BITCOIN IS GOING MAINSTREAM Reddit, Virgin Galactic, and Overstock.com now accept Bitcoin, with Zynga now in the testing phase. So do dating site OKCupid and travel site CheapAir.com. Two big Las Vegas…

Sorry, Mates, Strictly Business: Australia Wants To Cut Out US Dollar In Trade With China

Australia is seeking to bypass trading in U.S. dollars with China in an effort to avoid the commercial uncertainties that come with the recent fluctuations in the greenback. For example,…

World’s First Bitcoin ATM

  Need Bitcoins? This ATM takes dollars and funds your account New Hampshire entrepreneurs have created a dollar-converting anonymous Bitcoin ATM, which they hope to sell to bars, restaurants, and…

Bitcoin’s surging value could threaten central banks

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could undermine the role of central banks. The CHART OF THE DAY…

Mass Exodus From 25 Biggest US Banks Amid Exponential Silver Demand

  US Federal Reserve has reported that a major deposit withdrawal took place last week from the nation’s bank accounts. The financial system has not seen such a fund outflow…

Silver Bars Being Secured By HSBC – Buy $876 Million Worth From Poland

HSBC has quietly moved into acquiring large amounts of silver bullion. The bank has secured another deal to buy silver bars from KGHM whichbrings their total purchases of silver from…

Fears of soaring living costs grow as Syrian pound plunges

Fears of a new wave of high living costs have been arisen among ordinary Syrians following a remarkable depreciation of the Syrian pound after it maintained at a stable price…

Gold: Why central banks aren’t taking their own advice

One of the key lessons we learn from life is to evaluate people by their actions, not their words. When it comes to gold, all governments see it as a…

Iranians (and Americans) Use Bitcoin to Fight Government Control

Thanks to U.S. sanctions, dollars are scarce in Iran. Enter Bitcoin, the handy-dandy stateless peer-to-peer crypto currency! Iranians are using the hard-to-trace digital currency (which can be exchanged for dollars) to buy things…

USSR to rise from ashes through joint Eurasian currency

The creation of the supranational currency within the scope of the Customs Union is inevitable, Prime Minister of Armenia, Tigran Sargsyan, believes. According to him, this should be the next…

Who Controls Reserve Bank of India ?

When the CBI raided the vaults of the Reserve Bank of India they found a huge cache of counterfeit Indian currency lying in the denomination of 500 and 1000. This…

IMF – Destroying National Currencies

Since the onslaught of the debt crisis in the early 1980s, the IMF has played a central role in exchange rate policy often requiring indebted Third World countries to devalue…