Currency can refer to either paper such as the US dollar, or to the coins and banknotes of a particular currency, which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of money deposited in banks, called deposit money, ownership of which can be transferred by means of cheques and other money transfers such as credit and debit cards. Deposit money and currency are money in the sense that both are acceptable as a means of exchange, but money need not necessarily be currency.
Historically, money in the form of currency has predominated. Historically gold or silver coins of intrinsic value commensurate with the monetary unit commodity money, have been the norm. Modern currency, as fiat money, is intrinsically worthless. One type of currency over another in commodity money systems has arisen, usually when a government designates through decrees, that only particular monetary units shall be accepted in payment for taxes.
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News Analysis: New safe-haven currencies shine amid debt fears
07-25-2010
Reuters
Investors' love affair with the "other" currencies may be just beginning. The Canadian dollar, Australian dollar and Swedish crown are gaining in popularity as investors increasingly look for alternatives amid troubling outlooks for the United States
News Russian Gold Coins "rusting" - entire supply now suspected of debasement
07-19-2010
Zero Hedge
As everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what is happening to thousands of (allegedly) .999 pure "St. George" coins.
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News Cheap change - Canada ponders punking the penny. Will the US kill its copper colored coin ?
07-16-2010
The Toronto Star
Canadian Mint has talked to officials in both Australia and New Zealand two countries that have axed the one-cent coins to learn about their experience in a penny-free society.
News Chinese Treasury Dump Brings Its Total Holdings To One Year Low
07-16-2010
ZeroHedge.com
China dumped $33 billion in Treasuries, bringing its total to the lowest since June 2009. Furthermore, Japan also offloaded $8.8 billion in bonds, as did the Oil Exporters.
News Collapse of the US Dollar and Whats Next 7-12-2010
07/12/2010
godlikeproductions.com
Greg McCoach talks about the imminent collapse of the US Dollar and what comes next.
Phennommennonn Glp
News Morgan Stanley: Central Banks Have Begun Ditching The Dollar Again...
07-09-2010
Businessinsider.com/
Central banks have resumed their diversification away from the U.S. dollar, cutting the percentage of reserve assets held in dollars, as shown by the dark blue line in the chart below.
News Scrap dollar as sole reserve currency: U.N. report
06-30-2010
Reuters.com/
The report said a new reserve system "must not be based on a single currency or even multiple national currencies but instead, should permit the emission of international liquidity - such as SDRs - to create a more stable global financial system."
News Wall Street: The Tortoise vs. The Hares - the tortise is laughing
06-30-2010
Yahoo Finance
Slow and steady wins the race. And I mean really slow and really steady. Allmon's achievement is foreign to the great bulk of investors whose investment attention span is measured in months, if not weeks or days.
News Currency Wars: Jim Rickards on Financial Warfare
06-29-2010
JessesCrossRoadsCafe.blogspot.com/
The intention of Central Bank of Russia would be to cause a 50 percent overnight devaluation of the U.S. dollar and displace the U.S. dollar as the leading global reserve currency. The expected market value of gold resulting from this...
News Bruce Krasting: The G20 and the Dollar
06-26-2010
ZeroHedge.com
Obama and Geithner will be pushing for a growth package. It is likely that some of the other countries are going to give the US a thumbs down. America is going to be the only major country left that is continuing down the path of fiscal insanity.
News Central Banking in Crisis: Twenty Countries on the Verge of Insolvency
06-24-2010
Blacklistednews.com/
It is this concept of interconnectivity that as the players are finding out it is a disaster. How can solvent European countries even contemplate a $2 trillion bailout for nations that really do not care if the debt is ever paid off?
News Disaster Alert: House of Representatives Will Not Pass A Budget In 2010
06-22-2010
ZeroHedge.com
House Democrat leader Steny Hoyer will today announce that the US will not pass a budget in 2010 as It isnt possible to debate and pass a realistic, long-term budget until weve considered the bipartisan commissions deficit-reduction plan...
News Council on Foreign Relations: U.S. Dollar and Debt Structure at Tipping Point
06-21-2010
EconomicPolicyJournal.com
Francis E. Warnock argues, that the United States was at the tipping point in 2009 of a collapse of its bond market, but was saved, ironically enough, by the Greek financial crisis, which caused a flight into the U.S. Treasury market.
News China Officially Disses the Dollar (and Treasury Debt)
06-19-2010
EconomicPolicyJournal.com
The Peoples Bank of China has announced that it will no longer fix its currency in terms of the dollar. Instead it will manage the yuan against a basket of currencies.
News US Dollar: The Mother of All Bubbles
06-17-2010
JessesCrossRoadsCafe.blogspot.com/
When the artificial conditions are removed the valuation of the bubble 'reverts to the mean, ' a more normal valuation based on the fundamentals, unadjusted and undistorted supply and demand. An asset bubble often involves a fraudulent design...
News Dollar Spikes - 1933 and Today: Depression Anyone
06-07-2010
Businessinsider.com/
In his latest note on comparisons between the current state of the economy and the Great Depression, Martin Armstrong provides a nice look at the dollar index between 1900-1950.
News On The Trail Of Europe's "Mysterious" $2.6 Trillion In Toxic Debt
06-05-2010
ZeroHedge.com
It is all too well known that France and Germany will go bust overnight if PIIGS debt is allowed to be marked even halfway to market pro forma for governmental bailouts, on the banks' balance sheets. Throw in Austria and Italy if the Hungarian crisis
News Euro Falls Hard: Everyone Freaks Out About Hungary And SocGen
06-04-2010
Businessinsider.com/
We may break $1.20 on the euro today, which would be huge. The big twin fears: Hungary
and SocGen. Futures are off about 1%. France is getting hammered.
News Man cashes US Postal money order at Post Office; gets paid in funny money; P.O. says "Oh well..
05-30-2010
L.A. Times
A business inadvertently gives you counterfeit money are you stuck with it? In most cases, yes. But what if that business happens to be a branch of the federal government?
News Dollar Primed for Collapse by End of June?
05-26-2010
CNBC.com
This is not a true parabolic curve because as the trend accelerates the curve changes shape until it becomes vertical. Its the vertical section of the curve which is most useful because it provides a exact date when the trend will inevitably collaps
News 24 Predictions For The Rest Of 2010
05-25-2010
Rense.com
July and onward things get very strange. Revolution. Dollar dead by November 2010.
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News A Must See Interview: Eric Sprott On Financial Farcism
05-24-2010
ZeroHedge.com
A must watch two part interview of Eric Sprott by BNN, in which the Canadian asset manager shares his views on the economy, financial markets, sovereign overleverage, industrial commodities, and, of course, gold.
News How Safe Are US Treasuries, Really?
05-24-2010
Businessinsider.com/
The prices of Bonds, particularly the longer term Bonds (10, 20, 30 years), are rather sensitive to changes in interest rates. Unless you hold a Bond to maturity, its price can fluctuate rendering your investment not all that risk-free after all.
News Volcker: The Euro Is On The Brink Of Extinction
05-14-2010
Businessinsider.com/
The Eurozone may be forced to undergo severe economic and political adjustments in order to manage a currency system they're stuck with. Many Europeans are suddenly realizing that they had no idea what they were agreeing to when they joined...
News Joe Saluzzi "It's gonna crumble" - Jim Rogers "Nail in the coffin for the euro'
05-12-2010
ZeroHedge.com
The time when we could have done something to fix the system is now long gone, courtesy of the administration's waffling for the past two years as instead of getting to the root cause of the last and future crash, it was focused on bailing out bankru
News Europe: Is Shock and Awe a Blazing Bluff?
05-11-2010
GlobalEconomicAnalysis.blogspot.com
Already the Euro has given up 100% of its gains. Round trip currency moves of 3% each way, from 1.27 to 1.31 and back, in just over a day are not the norm to say the least. This could get very interesting soon enough.
News Ron Paul on the Euro Bailout by the Federal Reserve: Inflation is Coming
05-10-2010
YouTube
This is a short interview of Ron Paul by Stewart Varney of Fox News.
News Euro Bailout Consequences: It's One of Three Doors
05-10-2010
ZeroHedge.com
-The second is that that the market will see through the charade of debt that is again unfolding and by weeks end we will have retraced most of this mornings moves. That is a scary outcome. There is no round two on this bailout. This is it.
News Disemboweling The Logic Behind Europe's Bailout Fund
05-10-2010
Businessinsider.com/
"Money is printed or created and thrown at people to actually cover their insolvency with waves of free money and waves of liquidity that we end up with fiat currencies being completely devalued in the eyes of people and gold at $7,000 an ounce...
News Eurozone: Fed secret off-balance sheet 400 billion funding vehicle
05-09-2010
Market-ticker.denninger.net/
With what authority does Bernanke effectively appropriate? Was there an appropriation bill that I seem to have missed by Congress? Or has Bernanke, once again, decided on a unitary basis to entirely ignore the US Constitution?
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Page 1 of 7 Top Back 1 2 3 4 5 6 7 Down End
Headlines: Analysis: New safe-haven currencies shine amid debt fears -- Russian Gold Coins "rusting" - entire supply now suspected of debasement -- Cheap change - Canada ponders punking the penny. Will the US kill its copper colored coin ? -- Chinese Treasury Dump Brings Its Total Holdings To One Year Low -- Collapse of the US Dollar and Whats Next 7-12-2010 -- Morgan Stanley: Central Banks Have Begun Ditching The Dollar Again... -- Scrap dollar as sole reserve currency: U.N. report -- Wall Street: The Tortoise vs. The Hares - the tortise is laughing -- Currency Wars: Jim Rickards on Financial Warfare -- Bruce Krasting: The G20 and the Dollar -- Central Banking in Crisis: Twenty Countries on the Verge of Insolvency -- Disaster Alert: House of Representatives Will Not Pass A Budget In 2010 -- Council on Foreign Relations: U.S. Dollar and Debt Structure at Tipping Point -- China Officially Disses the Dollar (and Treasury Debt) -- US Dollar: The Mother of All Bubbles -- Dollar Spikes - 1933 and Today: Depression Anyone -- On The Trail Of Europe's "Mysterious" $2.6 Trillion In Toxic Debt -- Euro Falls Hard: Everyone Freaks Out About Hungary And SocGen -- Man cashes US Postal money order at Post Office; gets paid in funny money; P.O. says "Oh well.. -- Dollar Primed for Collapse by End of June? -- 24 Predictions For The Rest Of 2010 -- A Must See Interview: Eric Sprott On Financial Farcism -- How Safe Are US Treasuries, Really? -- Volcker: The Euro Is On The Brink Of Extinction -- Joe Saluzzi "It's gonna crumble" - Jim Rogers "Nail in the coffin for the euro' -- Europe: Is Shock and Awe a Blazing Bluff? -- Ron Paul on the Euro Bailout by the Federal Reserve: Inflation is Coming -- Euro Bailout Consequences: It's One of Three Doors -- Disemboweling The Logic Behind Europe's Bailout Fund -- Eurozone: Fed secret off-balance sheet 400 billion funding vehicle --