Sunday , 25 February 2018


Currencies

Bitcoin Has Reached Parity With Gold! A Chart Of Its Fast & Volatile Rise

gold-v-bitcoin

Would you rather have one bitcoin, or a single ounce of gold? The answer used to be obvious but, since an off-year in 2014, the enigmatic cryptocurrency has steadily climbed in price to take the title of the best-performing currency in both 2015 and 2016. And today? After continuing its rally into 2017, the price of bitcoin has now passed this arbitrary, but psychologically important measure of parity with an ounce of gold. How did we get here so fast?

Read More »

What an America First Trade Policy Could Mean for the US Dollar

Gold-bars-on-100-and-50-dollar-bill

Are the actions being taken by Trump’s administration to spur domestic manufacturing, jobs and economic output a precursor to a weaker dollar and another bull market in gold? Only time will tell, but investors should keep close watch on this developing scenario and adjust portfolios accordingly.

Read More »

The U.S. Dollar: Too Big to Fail?

economy-usdollar1

Those in the U.S. power structure know what the plan is if the U.S. dollar should fail. They are not admitting publically that there is even the remotest chance that it could happen but, rest assured, there is a plan. There is always a plan. To paraphrase Franklin Roosevelt, nothing happens by chance in government, so don’t be caught up in such a ‘surprise’ event - whatever it may be and whenever it occurs. Words: 1345

Read More »

Bitcoin: Another Boom, Another Crash – Falls 31% Overnight!

bitcoin

Another boom and another crash. The story of Bitcoin has been a roller coaster ride of rises and falls to say the least. People have watched in awe as Bitcoin has catapulted higher in recent weeks yet this was not meant to last. Once again, as it has so many times before, Bitcoin has suffered a serious setback, falling roughly 31% overnight!

Read More »

Major Devaluation Of Yuan Expected In 1-2 Years – Here’s Why

ch-lgflag

I think the Chinese are devaluing the yuan in slow motion but when they realize that the shadow banking system will tighten credit at the worst possible time - just when the PBOC is actively fighting such tighter credit conditions - they are likely to devalue the yuan by a much larger and less orderly amount.

Read More »