money

  1. 3 Stages of Malaysia : The 2018 1+1+1 Merdeka Dirham Silver Coin by Nubex

    3 Stages of Malaysia : The 2018 1+1+1 Merdeka Dirham Silver Coin by Nubex
    As Malaysians, we've experienced plenty of firsts despite our nation's relatively short history. From gaining our independence; to the formation of our country; to a historic change in government just a few months back; there never seems to be a shortage of change for Malaysia. By now, many of you would've been familiar with that iconic image of our first...
  2. Why Silver ?

    Why Silver ?
    We'll be posing a simple question that might be on most of your minds, especially if you're new to the world of precious metals investment - 'why should I even bother investing in Silver? If gold is worth the time and patience, why should I settle for the literal representation of second place?'. Let's break down some reasons why silver...
  3. Four reasons why you shouldn't count gold out just yet!

    Four reasons why you shouldn't count gold out just yet!
    Remember gold? It seems like only six years ago the shiny metal was flavor of the month, hitting a record $1,900 a troy ounce while its backers prophesied the end of the fiat money system.  With bitcoin sucking up all the crazy in financial markets, gold looks to have lost its luster. The CBOE/Comex Gold Volatility Index, a rough proxy...
  4. 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...
  5. 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...
  6. The Wealthy Are Buying Multi-Million Dollar Bunkers With "Highest Level Of Military Grade Security"

    The Wealthy Are Buying Multi-Million Dollar Bunkers With "Highest Level Of Military Grade Security"
    After Donald Trump was elected president, a lot of the fears and concerns that were once so common among conservatives and libertarians, seemed to fade. That state of relief was proven to be temporary, but fears of financial collapse and social disintegration still aren’t as prevalent now as they used to be. A lot of people have let their guard down...
  7. Malaysia Ex-Central Bank Chief Recalls 1997 Crisis Lessons: Q&A

    Malaysia Ex-Central Bank Chief Recalls 1997 Crisis Lessons: Q&A
    Twenty years ago, Malaysia was caught up in the turmoil of a currency crisis that began in Thailand and swept across Asia, battering economies, pushing millions into poverty and forcing governments to seek emergency bailouts. Zeti Akhtar Aziz, who was chief economist of Malaysia’s central bank at the time -- later becoming governor -- recalls her experience of the crisis...
  8. The Economist: "Get Ready for A World Currency by 2018"

    The Economist: "Get Ready for A World Currency by 2018"
    THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more...
  9. Bitcoin can be an asset but not currency - China c.bank adviser

    Bitcoin can be an asset but not currency - China c.bank adviser
    SHANGHAI (July 7) Virtual currencies like bitcoin are assets but bitcoin in itself does not have the fundamental attributes needed to be a currency that could meet modern economic development needs, a Chinese central bank adviser said. Sheng Songcheng, adviser to the People's Bank of China (PBOC), made the comments in an interview with financial magazine Yicai published late Thursday...
  10. Janet Yellen Says A New Financial Crisis Probably Won’t Happen ‘In Our Lifetimes’ But The BIS Says One Could Soon Hit ‘With A Vengeance’

    Janet Yellen Says A New Financial Crisis Probably Won’t Happen ‘In Our Lifetimes’ But The BIS Says One Could Soon Hit ‘With A Vengeance’
    Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come.  In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”.  But there are other central bankers that see things very differently.  In fact, a new report...

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