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Cryptos may destabilise fiat

November 17th, 2017 (0)
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 ...

Financial planner sentenced to 10 years imprisonment for fraud

November 14th, 2017 (0)
The former Principal of Sherwin Financial Planners Pty Ltd and Chairman of Wickham Securities Ltd, Bradley Thomas Sherwin, was sentenced in the Brisbane District Court to a total of 10 years imprisonment on 25 charges, brought by the Commonwealth ...

Global Growth Buoys Earnings As Third Quarter Fuels Europe, U.S. Equity Boom

November 10th, 2017 (0)
European and U.S. firms are reaping the benefits of a global economic expansion that is finally blooming into meaningful earnings growth and looks set to extend an equity boom through the current quarter. While the third quarter of each ...

Stocks In Asia Retreat; The Yen Advanced, Kiwi Dollar Jumped, Euro Traded Flat

November 9th, 2017 (0)
Stocks in Asia took a sudden turn lower, led by Japan, as some traders ascribed technically-driven trading after indexes hit historic highs earlier in the day. The yen and gold climbed as investors kept an eye on U.S. President ...

Bitcoin Price Took A Dive After Breaching New Highs

November 7th, 2017 (0)
The price of bitcoin dived on November 6 after reaching an all-time high of $7,590 across global exchanges. The decentralized currency’s value dropped to the $6,950-7,000 range. Bitcoin’s Meteoric Price Rally Hits the Brakes What a difference a day ...

Oil prices hits highest levels since 2015

November 6th, 2017 (0)
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures LCOc1, the ...

Gold, Goldmoney and Menē

November 3rd, 2017 (0)
Gold, ornamentation and money: that was the sequence of events. Man discovered gold, found it malleable, durable and attractive. It was first used for ornamentation, then as social economics evolved into the division of labour, its value as ornamentation ...

Oil for gold – the real story

October 27th, 2017 (0)
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 ...

Beware of these unauthorised Forex providers

October 26th, 2017 (0)
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR), regulators of the financial markets in France, warn the public against the activities of several websites and entities proposing Forex investments without being ...

Bitcoin Is Paying Out Dividends Now — Just Not to Everyone

October 25th, 2017 (0)
On top of stupendous capital gains, investors in bitcoin are also getting a dividend — if they’re lucky. A split in the blockchain created a new offshoot in the form of bitcoin gold on Tuesday, with bitcoin holders receiving ...
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