The Iranian rial plunged today against the U.S. dollar as western sanctions against the state's oil exports are really starting to up the pressure on Iran.
Erik Voorhees (of BitInstant) on how to purchase Bitcoins - Richard Lambertus (Liberty Coin & Precious Metals) on the precious metals market - Mike Wasdin on Marc Victor's U.S. Senate Race and the Fundraiser this evening, 6-9 p.m.
Today’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Yesterday’s AM fix was USD 1,756.75, EUR 1,344.31 and GBP 1,081.81 per ounce.
Bitcoin is a pure electronic, fiat currency with no metals backing at all. It is accruing "value" and has huge exposure on such mainstream sites as Reddit.
Hyperinflationary episodes have appeared several times over the past century – 55, to be exact – as the world's nations have experimented with fiat currencies backed by the full faith and credit of the governments that issue them.
While countries including France and Italy set expiration dates after which their former currencies could no longer be exchanged for euros, Germany never did.
It has been a puzzle to us why the United Nations would want to encourage alternative currencies and why there has been a surge of feedback comment on alternative websites about "usury" and the evils of interest.
The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in
The idea of accepting bitcoin for political donations is intriguing, but can bitcoin comply with all of the rules and regulations for campaign finance?(Who cares, just do it,and let's see what the man says!)
We had the opportunity to sit down with Frank Giustra last week, the lion behind Lionsgate Films, and an early architect of countless resource companies
On the way from San Marino yesterday, I had to stop for some gas near Rimini, a beautiful beach town on Italy’s Adriatic coast. As an aside, Italian gas prices are among the highest in Europe… and the world… at €1.77 per liter (almost USD $8.50 per g
To make serious commitments to restructure the global financial architecture based on principles of equity, transparency, accountability and democracy, and to balance, with the participation of civil society organizations, the monetary means to favou
Right now, there is a lot of talk about the evils of "capitalism". But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more