Most Americans go through their lives thinking the Federal Reserve is just yet another governmental institution, no more interesting than the DMV or Post Office.
Bilderberg’s esoteric deal-makings have put them at the center of the debate about who, what, where, when and why in the New World Order. Since their first meeting in the Netherlands in 1954, their storied history has evolved to become a popular meme in Internet circles.
And then there was $130, for a short time. With Bitcoin heading to $136 recently, the early morning hours of Sunday saw what could be considered a flash crash of sorts.
Silver got to $50. So what?
I wrote after the price collapse on MayDay 2011 an article I entitled “The Sorrow of the 49er.” It looked into those who had come into the silver story, as we all know now, late. The price tumbled, and many middle classers were left underwater.
Oftentimes, these individuals never had a chance to consult anyone other than a shop owner, who had no problem moving product.
The conversation is swelling across the globe: once again, it’s crisis time. The dollar is suffering its biggest 2-day drop in 19 months. But, Reuters…
Last week the Bitcoin world was surprised to learn that Canada’s FinTrac would not hold Bitcoin exchanges to the strict Anti-Money Laundering and Know Your Customer regulations of the financial industry.
Analysts at JP Morgan on Cazenove on Tuesday revised down the price forecasts for most metals, including cutting the outlook for gold in 2013 to $1,595 an ounce from $1,745 previously expected.
They didn’t note what could possibly be undermining a logical metals reaction to incessant quantitative easing.
On the day after Memorial Day, US authorities indicated that they had shut down a Costa-Rica based money transfer company Liberty Reserve which they claimed aided cyber criminals the world over launder $6 billion in illicit funds using a digital currency that was not Bitcoin.
European Union and Chinese trade negotiations fell throw on Monday. China called upon the European Union to cease the imposition of tariffs on solar panels, and the European trade comissioner complained that China was forcing individual countries to ensure that no consensus was reached.