When it comes to converting currency, I try to avoid the banks at every point I can. Fortunately, in today’s world we can use peer-to-peer currency exchanges to beat the banks.
Make no mistake, the war on cash is an effort for government to take total control of your money. And it will enable them to track your spending around the world.
It’ll preserve your wealth in the coming collapse and mitigate an “ice-9” freeze of your assets. You don’t have to be helpless when the crisis arrives.
When the price of gold is measured not in dollars but in rubles, yuan or rials, the percentage price increase in gold is even more impressive.
Volatility is waiting to explode due to unstable currency exchange rates, bank liquidity crises, geopolitical uncertainty, and a wild US election cycle.
The big picture for the Shanghai Accord is that a weaker US dollar is still out there, but the Fed will temporarily say they can get away with it.
Lower petrol prices have taken out some of the pressure for higher wage demands, as the lower cost is a straight cash benefit to motorists.
The biggest one-day panic in Wall Street history occurred in 1987. The Asian Crisis hit in 1997. The Global Financial Crisis got rolling in 2007, when mortgage lenders Northern Rock and New Century Financial collapsed. If you’re superstitious, that makes…
What makes Blockchain so special is that it’s spread over a network of nodes, thus encouraging transparency. It’s a system that works ‘without relying on trust’.