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Posts published in “Finance”

The Daily Coin Talks Gold, Russia, Bitcoin & Art

As a daily contributor at SGTReport.com. for the past three years Rory has written dozens of original articles and interviewed some of the top precious metals professionals in the industry, as well as top preparedness specialists in the world. YouTube Channel, The Daily Coin, was launched in February 2014 and website TheDailyCoin.org was launched April 25, 2014. As a student of monetary, financial and economic history for the past seven years Rory has learned to watch the markets with an open mind and with a hand on his wallet.

Check out The Daily Coin on Facebook and Twitter.

The Viral Plan To Redesign America’s Money

Have you ever wondered why things could change so easily, but don’t? So has one man, who has set out with a very specific mission to change the way things are. Travis Purrington is on a mission to re-design the dollar as part of his master’s degree. Purrington wrote his 2011 master’s thesis for the Basel School of Design, presenting the proposal therein. Gizmodo called the design superior to the current banknotes. Mashable argued the nation should make the change. Slate wrote that the new designs are a hit. They  are all over Tumblr.

Bitcoin, Gold & Silver Liquidated For Alibaba?

Alibaba Group had a huge debut with its shares beginning to trade at $92.70, up over 36% from its IPO price of $68.  That increase on the New York Stock Exchange raised the company’s total market value from $168 billion to over $220 billion. Alibaba had raised $21.8 billion in its hotly anticipated IPO, the largest in US history, dwarfing Facebook Inc’s IPO.

The price of bitcoin has fallen from its $513 price of one month ago to as low as $381.17 on Friday. This week alone the crypto-asset fell from $513 to $381.

The Banks Are More Profitable Than Ever, And There’s Even Fewer Of Them Than Before

Fewer banks and higher profits. That’s the reality in post-banking crisis USA, and really the western world.  American banks are doing better than ever, according to FDIC data.

America’s bank profited to the tune of $154 billion last year, nearly 10% more than the $141 billion in profits reported in 2012, and 6% more than the pre-crisis peak of the $145 billion in profits banks posted in 2006.

Meet The Most Charming Man In High Finance. His Expectation For The Future Affects Everybody

[heading]Meet The Most Charming Man In High Finance. His Expectation For The Future Affects Everybody[/heading]

JP Morgan has had to payout $20 billion to settle legal and regulatory matters in recent years, but still JPMorgan’s CEO, Jamie Dimon, remains one of the most popular figures in finance. How?

Although many of the Occupiers who lined the streets against Wall Street in 2011 might not know who Mr. Dimon is, those who follow finance closely do. And, chances are, despite his bank’s penchant for fraud and market manipulation, if you know who Mr. Dimon is, you’ve come to enjoy some of his antics.