inflation

  1. A Few Unwise Investors Are Selling ALL Their Precious Metals to Buy Bitcoin!

    A Few Unwise Investors Are Selling ALL Their Precious Metals to Buy Bitcoin!
    There is a new trend by individuals in the alternative media community who are now selling out of precious metals and buying into Bitcoin and cryptocurrencies. While this may seem like a good idea, especially when Bitcoin and the cryptocurrencies reach new all-time highs, it is likely a big mistake. Now, I am not saying that individuals shouldn’t invest in...
  2. Iran Should Go For Gold, Not A Currency Reform Illusion

    Iran Should Go For Gold, Not A Currency Reform Illusion
    Last December, the Iranian government of Hassan Rouhani passed a bill to change the name of Iran’s national currency from the rial to the toman. This would require a redenomination in which one zero was lopped off Iran’s unit of account, as 1 toman is equal to 10 rials. Without a change in the monetary and exchange rate regime, the...
  3. Venezuelans turn to Bitcoin to escape currency crisis

    Venezuelans turn to Bitcoin to escape currency crisis
    By now, most Americans are familiar with the economic basket case that is Venezuela. The country’s economy has collapsed, leaving the population desperate and starving. The human cost is highly visible and tragic, but what gets less attention is the way in which the government has destroyed the country’s currency, thereby making it impossible for citizens to buy basic necessities...
  4. Degenerate Dutch Father Forces Family to Sell Everything So He Could Trade Cryptocurrencies

    Degenerate Dutch Father Forces Family to Sell Everything So He Could Trade Cryptocurrencies
    This is akin to a family of five selling their home, cars, and personal belongings, in order to finance Dad heading off to Vegas in order to play the fucking slot machines. What can go wrong, after all? Bitcoins only go higher. Source: CNBC Didi Taihuttu, his wife, three kids and their cat bet all they have on bitcoin. The...
  5. The perfect economy right now 'is exactly when things may go wrong' warns major bank CEO

    The perfect economy right now 'is exactly when things may go wrong' warns major bank CEO
    Low rate environment puts banks under pressure, ING CEO says from CNBC. The CEO of a major European bank offered a stark warning for his industry on Thursday, suggesting that years of accommodative policy by global central banks could quickly turn sour. Low interest rates have been supportive for the world economy, according to ING Group's Chief Executive Ralph Hamers, but banks...
  6. Is your wallet getting lighter and lighter?

    Is your wallet getting lighter and lighter?
    A think tank sees larger loan-to-deposit ratios in banks as indicating that Malaysians are finding it harder to save money.  PETALING JAYA: The Institute for Democracy and Economic Affairs (Ideas) has voiced concern that the average Malaysian may be in a worse financial strain that previously thought. Referring to a recent Bloomberg report that the loan-to-deposit ratios in the nation’s...
  7. Nasi Goreng Bonds, Anyone?

    Nasi Goreng Bonds, Anyone?
    Indonesia considers selling local-currency debt on global markets. The Chinese made a full meal of offshore dim sum debt, and Indians have started nibbling into masala securities. Now Indonesians are contemplating nasi goreng bonds. Will investors step up to the plate? Like the other two, this would also be local-currency corporate borrowing, but in global debt markets. Creditors, rather than...
  8. "You Think This Market's Crazy?"

    "You Think This Market's Crazy?"
    You think this market’s crazy? One day in early 1987, with Wall Street humming, a meeting after trading closed involved several cases of champagne. The Dow Jones Industrial Average had breached 2000 that day, a cause for celebration. A week and a half later, more champagne was ordered when the average passed 2100. Then again a few weeks later for 2200. Eventually my...
  9. Britain 'is on the brink of the worst house price collapse since 1990s': Experts predict property costs could plunge by FORTY PER CENT

    Britain 'is on the brink of the worst house price collapse since 1990s': Experts predict property costs could plunge by FORTY PER CENT
    The spectre raises the possibility of the return of 'negative equity'  This is when a house falls so far in value that its worth less than the mortgage  A shift could push thousands of recent buyers into housing trouble Experts warned that we are due for a 'significant correction' in housing prices House prices are teetering on the brink of...
  10. The New Gold Rush Is All About Vaults

    The New Gold Rush Is All About Vaults
    From safety-deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand. A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they’re planning to open...

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