Content theft has persisted as one of the worst ills of the internet generation. Data breaches and identity thefts have always left victims with a sour taste. Bitcoin wallets have been hacked and owners' wealth stolen on several cases. Are there wa
It was just two days ago that Bloomberg implored officials to "bring on a cashless future" in an Op-Ed that calls notes and coins "dirty, dangerous, unwieldy, and expensive."
Across the world there is a war being waged against cash. Driven in part by increasingly bankrupt banks - some of which are quasi-governmental themselves - governments are thinking of ways to extract the last dollar from their taxpayers.
There have been remarkable gyrations in the gold sector lately. The typical rebound out of a November/December low (typical in recent years after the end of the tax loss selling period) was initially cut short in January in the course of the global s
As extensively discussed yesterday in the aftermath of the BOJ's stunning decision to cut rates to negative for the first time in history (a decision which it appears was taken due to Davos peer pressure, a desire to prop up stock markets and to puni
Beforer we discuss The Empire of Chaos ongoing attacks on "The Assassin Putin" and The Master of the Universe attempts to topple any challenge to Washington's global hegemony, we thought the following chart may give some much needed context for where
China is ramping up efforts to halt a flood of money leaving the country in response to an economic slowdown, moves that risk undermining Beijing's ambition to elevate the yuan's profile on the world stage.
Inflation-racked Argentina is preparing to issue larger-denomination banknotes to alleviate critical shortages of cash in the country. What a difference between the Argentine government and most other Western governments, which seek to crack down on
They are in high-end malls, at the international airport, even on the steps of the nation's central bank. Most display stamped customs documents, making them appear not only benign but official.
Not long after billionaire George Soros forecast a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday.
He has his own TV show on Fox and he is slowly taking over the world's money supply. Who is he? Let's just say that Biblical prophecy is being fulfilled in our time.
Zerohedge reports, as the war on cash escalates, officials from The IMF to China are seeing the opportunity to control the world's money through virtual (cash-less) currencies.
The Exchange Stabilization Fund (ESF) is an emergency reserve fund of the United States Treasury Department, normally used for foreign exchange intervention.
•The Treasury Department's Exchange Stabilization Fund (ESF) buys and sells foreign currency to promote exchange rate stability and counter disorderly conditions in the foreign exchange market.
China will probably have to devalue its currency to address slowing growth in the world's second-largest economy, Goldman Sachs Group Inc. President Gary Cohn said.
Mario Draghi set the euro area up for expanded monetary stimulus for the third time in a year as China's economic slowdown and market volatility threaten to derail the region's recovery. The single currency slid.
Back in 2008, I began warning of increasing capital controls that we would see in the future, as a component in the decline of Western economies (Western in the broad sense, including Japan, Australia, etc.)
Back in 2008, I began warning of increasing capital controls that we would see in the future, as a component in the decline of Western economies (Western in the broad sense, including Japan, Australia, etc.)