Category : Change of Money
Silver Market to soon end its Hibernation
Silver Market to soon end its Hibernation with Significant Upside Volatility
Russia makes billions after US sanctions turn ruble to rubble
The latest US sanctions, which sent the Russian currency to its steepest drop in the past three years, surprisingly helped to boost the country’s budget with an extra 232 billion rubles ($3.8 billion).
Gold bullion to rally on weaker dollar, rising US inflation & deficit
The second quarter expects to see another gold rally pushed by strong physical demand and the weaker US dollar, according to Boris Mikanikrezai, precious and base metals strategist at Metal Bulletin.
James RICKARDS : The Empire State Moves Against Bitcoin
Bitcoin got hammered yesterday after New York Attorney General Eric Schneiderman announced an investigation into some of the major cryptocurrency exchanges.
Bitcoin perfect example of ‘faddish human behavior’
Nobel laureate Robert Shiller has taken his turn to bash bitcoin, calling the cryptocurrency more of a psychological experiment than a serious investment.
Petro-yuan to launch renminbi as global currency & kneecap petro-dollar
Yuan-backed oil futures can shatter the US dollar dominance on the crude market, according to experts polled by RT. However, the greenback will not give up the top spot easily.
Cryptocurrency litecoin falls 10% after payments processor 'LitePay' closes
Litecoin traded roughly 10 percent lower near $145 as of 4:08 p.m. ET, according to CoinMarketCap.
Platinum: a bargain?
In this report we study the current condition of platinum as an investment.
We will first study if the current price of platinum can be considered cheap historically.
We will then assess the supply/demand of platinum and its current deficit. We will study the financial condition of the major miners of platinum.
We will finally compare the current platinum condition to the palladium condition, knowing that palladium prices recently surged to all time highs.