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Bitcoin Cash: $ USD
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Global
Iran is accepting renminbi for some of the crude oil it supplies to China.
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Canada minted its final penny today as Finance Minister Jim Flaherty said the coin was too expensive to produce and no longer needed for business.
Magazine •
Currencies
Host:
Ernest Hancock
The end of America's current monetary system is certain, and it is approaching fast. The only question is what will replace it?
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Global
When I put some serious thought into purchasing silver as a hedge against the rapid inflation of the US dollar, I was overwhelmed by the complexity of the task.
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Bitcoins has been the talk of the town amongst the supper geeky over the last year or so but this completely digital currency is starting to make headline in some big publications.
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What officers thought was a counterfeit $50 bill turned out to be an old, legitimate bill, but the truth wasn't discovered until a man was mistakenly charged and jailed Friday.
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A Tennessee man was charged and jailed by police Friday after he used an old $50 bill to pay for goods at a Quik Mart store.
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Gold prices rose towards $1,650 an ounce in Europe on Thursday as the dollar sank to a three-week low against the euro, coming under pressure after the Federal Reserve opted to keep interest rates at rock bottom.
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The People’s Bank of China last week widened the yuan’s daily trading band from 0.5 percent to 1 percent. In the short term, the Chinese central bank will continue to intervene in currency markets to ensure that no major fluctuations damage China’s s
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The paper dollar is now the single most important source of systemic risk to the financial system, the world economy, and the security of the American people.
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The Royal Canadian Mint MintChip Challenge invites software developers to create innovative digital payment applications using MintChip, a R&D phase technology available only to challenge participants. Developers and the public are also encouraged to
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euro fell against the dollar on Wednesday after French President Nicolas Sarkozy said a strong euro hurt exporters.
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As Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town, Volos, has formed an alternative local currency.
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Italy exported a total of 120 tonnes of gold to Switzerland last year. The solid gold bars are now Italy's fastest growing export.
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The euro dropped to less than $1.30 for the first time in two months as Spanish bond yields touched a 2012 high after a minister called on the European Central Bank to do more to stem debt-market turmoil.
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Global
There's a huge myth about monetary policy out there, and it goes like this: It's investors and banks who are demanding the Fed keep interest rates at 0%, while also doing QE over and over again.
Magazine •
Currencies
Host:
Ernest Hancock
What it is, how it's used, and why you should care.
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Global
The Euro crisis is not “solved.” Not by a long shot. Yet Bloomberg reports this morning (i,e, March 2nd) that European leaders “declared a turning point in the Greece-fueled debt crisis.”
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As Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town, Volos, has formed an alternative local currency.
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Global
Imagine a world where your credit card is a distant memory, where all of your accounts are stored in your phone instead of a bank, and where everyone pays for their purchases with a new global currency that was designed exclusively for the digital ag
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It was 13 months ago we disclosed that the administration passed a stimulus bill known as the $17.5 billion “Hiring Incentives Act” to restore employment.
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In the LiraSPG Scenario “When The Euro Breaks”, I discussed what would happen to the euro and the eurozone when those countries—unable to continue under their massive debt burdens—began exiting the European monetary union.
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The Royal Canadian Mint has invented a new, digital currency called MintChip intended to be an alternative to using debit and credit cards.
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Six centuries ago, when London and Paris were irrelevant, plague-infested backwaters, and New York City wasn’t even on the map, the greatest city in the world was Nanjing– the capital of the Great Ming.
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BYE BYE DOLLAR IT WAS FUN ! USA dollar NO LONGER world reserve currency!
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Who would know better the dangers of money printing and inflation than the Argentinean government ?
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The one thing about cash is that it is anonymous. And that's the one thing that intrusive governments don't like about it.
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Ernest Hancock of Freedom's Phoenix has created a special collectors edition Daily Paul Silver Dime Cards. Freedom's Phoenix is offering these amazing cards for $5.00 each as a fundraiser to support the Daily Paul.
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Daily Paul Silver Dime Card Drive by Freedom's Phoenix
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South Africa will this week take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.
