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  • As 'secret Saudi deal' increases harm to Russian currency, China intervenes
    As 'secret Saudi deal' increases harm to Russian currency, China intervenes
    Last Friday it was revealed that the purpose behind Secretary of State John Kerry's visit to Saudi Arabia a few weeks back was to sign a secret deal by which the leading OPEC state would saturate the markets with excess oil and cause prices to...
  • More financial centers moving away from the dollar as Hong Kong joins in
    More financial centers moving away from the dollar as Hong Kong joins in
    With the creation of the BRICS bank a couple of weeks ago, and the implementation of more than 23 Yuan swap lines forged within the past year, a domino effect is beginning to appear across the global financial system, with nation after nation...
  • Bitcoin and the future of currency
    Bitcoin and the future of currency
    Do you know the difference between bitcoin and Bitcoin? It seems as though we’ve been hearing a lot about bitcoin lately, but most of us don’t use it or really know what it is.Bitcoin was first in the spotlight after the Silk Road...
  • Money
    Why do we value money?
    Gold has been valued by humans for thousands of years. But have you ever wondered why gold and not rocks? The concept of value starts with a bunch of people agreeing a thing has value. Gold is different from other metals in that it has a beautiful...
  • Bitcoins
    Mt. Gox claims to find 200,000 bitcoins in old wallet
    Mt. Gox claims it has found 200,000 bitcoins in an old wallet that are worth an estimated $116 million. Forbes reports on March 21 that the exchange has lost a total of 850,000 bitcoins due to hackers, but the discovery helps bring down this...
  • UK Chancellor of the Exchequer George Osborne reveals plan for new £1 coin
    UK Chancellor of the Exchequer George Osborne reveals plan for new £1 coin
    On Wednesday, UK Conservative Party member, Chancellor of the Exchequer, and Second Lord of the Treasury George Osborne revealed that his new budget includes plans to revamp the £1 coin and introduce a new version impervious to...
  • Grand Rapids, MI businesses accept bitcoin
    Grand Rapids businesses catching on to bitcoin
    Bitcoins are digital currency that exist on the Internet. They are not backed by government and their market value fluctuates. Bitcoin was introduced in 2009. It isn’t printed. Bitcoin is a form of money called cryptocurrency. Transactions...
  • Bitcoin heist worth $350M takes down major exchange
    Bitcoin heist worth $350M takes down major exchange
    Bitcoin heist worth about $350 million took down a major exchange today. Mt. Gox, one of the largest bitcoin exchanges in the world, has left their customers in limbo. According to Wired on Feb. 25, the future is quite uncertain. Mt. Gox has the...
  • Bitcoin
    How and when the fortunes of the world are made
    One can never predict how the fortunes of the world will change. Sometimes it takes years for a shift and sometimes it happens over night. For example, who would have thought that hundreds of years ago Amsterdam's whole economy would come from...
  • thousanddollarbillUS
    Forex Day Trading with $1000 (or less)
    Forex day trading with $1000 (or less) is possible, and even profitable, because you can control your position size down to such precise levels, and also utilize leverage. In the stock market you can’t do that as effectively; you need to...
  • Kim Kardashian and Kanye West
    Kanye West goes after ‘Coinye’: ‘Coinye is dead’
    Kanye West has been building an image in the music industry and since he has such a creative and unique name, people are eager to use his name to get some attention. And last week, some creative business people wanted to start a business in the...
  • Kim Kardashian and Kanye West
    Kanye West to rule the world: Creates his own currency ‘Coinye West’
    Kanye West has never hid the fact that he would love to rule the world one day. Often referring to himself as God, one can imagine that he is willing to endorse any project that could take him one step closer. And now he may have his chance....
  • 2014 will be the year of the currency reset and gold backed trade note
    2014 will be the year of the currency reset and gold backed trade note
    On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one...
  • Governments, central banks to take away bitcoin's anonymity through legislation
    Governments, central banks to take away bitcoin's anonymity through legislation
    What was once considered the monetary tool for anarchists due to its anonymity and fight against fiat currency will soon become just another regulated payment system that will lose its prominence in the world of alternative currencies.First,...
  • Britain looks to create a physical currency by melding Bitcoin and gold
    Britain looks to create a physical currency by melding Bitcoin and gold
    The power of Bitcoin has always been in its ability to remain stateless and outside the domain of the world's central banks. However, it appears that nations like Britain are finding merit in not only recognizing Bitcoin as a way for the...