Search Results for: BVI
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
The man who predicted the 2008 financial crisis is skeptical about bitcoin
November 9th, 2017
The man who predicted the 2008 financial crisis is skeptical about bitcoin. Nouriel Roubini warns the cryptocurrency will become so regulated it will “find its end.” “In my opinion, there is a gigantic speculative bubble related to the bitcoin ...
What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Asian shares hover near recent highs; European STOXX 600 shares rose, the S&P 500 lost 0.40 percent
October 24th, 2017
Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country’s incoming Labour government laid out its left-leaning priorities. The policies were ...
Bitcoin Soars Close to Record High
October 10th, 2017
What wipeout? Buyers blew off fresh warnings about a bitcoin bubble and sent prices above $4,800 on Monday, capping a bullish October run for the digital currency. Prices reached as high as $4,820, which is near the record territory ...
The upcoming increase in interest rates
October 6th, 2017
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and ...
Deloitte cyber-attack: Is your firm safe?
September 27th, 2017
Cybersecurity is a pervasive issue in the digital age, and no organisation is completely risk-free. So how did this happen to Deloitte, and how can firms protect their data and prevent similar cyber-attacks? Big Four firm Deloitte suffered a ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
