Category Archives: Currencies

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Looming Euro Crisis?

June 28th, 2017 by

Even before its inception, skeptics have been predicting the downfall of the euro, the common currency of the member nations of the European Monetary Union. Many saw this project as doomed from the start. Nonetheless, the currency quickly became the biggest rival to the U.S. dollar in international markets. After nearly two decades on the […]

bitcoins

Complaints of Seizures by Popular Bitcoin Wallet

June 17th, 2017 by

There’s been a deluge of coverage of Bitcoin lately, coinciding with the increasingly popular cryptocurrency’s dramatic rise (and fall) in price. It’s not just the all-time high values for Bitcoin that are garnering attention; it’s also the volatile swings in prices that invariably seem to follow. There’s a strong case to be made that Bitcoin […]

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Could a Joke Rename Australia’s Currency?

June 3rd, 2017 by

There’s that saying about how “a great deal of truth is said in jest.” It’s true that sometimes comedy can reveal some important point that has been overlooked or underappreciated. This is probably not the case with the joke that appeared on a 1995 episode of The Simpsons that, in the show’s typical ridiculous manner, suggested Australian […]

© Bank of England [2015]  Used in Accordance with Section 18 of the Forgery and Counterfeiting Act 1981

EBay Hijinks for Polymer £5 Notes

April 15th, 2017 by

Coin and currency collectors can be a quirky lot. It’s the nature of numismatics: sometimes the most interesting—and valuable!—rare collectibles are the product of some very small nuance or detail. For the collectors chasing the novel new polymer five-pound banknotes introduced in the U.K., this has undeniably been the case.

© US Mint

On the Immense Popularity of Sacagawea Dollars in Ecuador

March 25th, 2017 by

There is, in South America, a curious numismatic trend that challenges our assumptions of what is marketable and what is not. See, the one-dollar coin has historically been a hard sell in the United States. Its incarnations, like the Susan B. Anthony dollar or the Sacagawea dollar, spent very little time in circulation before the […]

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$20 Million Found in Mattress

February 19th, 2017 by

People of a certain generation will sometimes choose to eschew a checking or savings account at a bank for their own “in-house” form of saving their money: stuffing cash in the couch. Although the rapid changes of the Digital Age have made electronic banking and even online or mobile banking more convenient for Millennials, many Baby […]

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Hollywood “Fake Cash” Keeps Popping Up

February 18th, 2017 by

There’s a great deal of talk about “fake news” in the media these days, but we don’t as often hear about the growing pandemic of fake money. Rather than a concerted effort by determined ne’er-do-wells, this recent spate of incidents involving fake money is actually a case of Hollywood not taking better care of its props!

japan yen

Yen, Japan to Rally?

December 5th, 2016 by

Over the last month, the Japanese yen has seen a sharp devaluation against the U.S. dollar. As we continue through the first week of December, Tokyo’s Nikkei 225 stock index has also taken a hit. Yes, this is largely due to the dollar being on a tear during the post-election “Trump Rally.” However, the eventual […]

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British Pound Sterling Shows Case for Gold

October 28th, 2016 by

In the West, the general public tends to trust the strength and integrity of our financial system with the unquestioned faith of, frankly, a cult. If this wasn’t the case, fiat currencies like the U.S. dollar would already have succumbed to their inevitable death. This faith holds despite the increasingly frequent financial crises and good […]

EU breakup

Worrisome Signs in EU Economy

October 27th, 2016 by

Perhaps even more so than its major counterparts in North America and the Asia-Pacific region, the European Union (EU) has been unable to escape from its years-long economic conundrum.

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Death of Cash to Lift Gold?

September 22nd, 2016 by

Some call it the “War on Cash.” Others, citing studies, suggest we are approaching “Peak Cash,” referencing the similar transformation that will accompany environmental constraints such as “Peak Oil.” No matter what you choose to call it, the world’s advanced economies are all hurtling toward a system of fully digitized money—perhaps coming as soon as […]

© Bank of England [2015]  Used in Accordance with Section 18 of the Forgery and Counterfeiting Act 1981

Bank of England Unveils Polymer Notes

September 14th, 2016 by

There has been a great deal of experimentation with physical money over the last decade, with government mints around the world attempting to stay a step ahead of would-be counterfeiters. The Bureau of Printing and Engraving in the U.S. updated its $100 note design a few years back, for instance, and more changes appear to […]

Source: Wall Street Journal

The Future of Money: Banknotes and Coins

August 29th, 2016 by

Throughout the modern era (roughly since gold and silver specie ceased to be used as circulating currency), coins and banknotes have been the fiat tokens we use to represent money. However, like the rest of our society, the financial system has undergone a rapid transformation in the Digital Age.

gold-egg-basket

Gold as a Hedge Against Volatility

August 9th, 2016 by

Ed D’Agostino of Hard Assets Alliance quickly sums up the state of geopolitics at the moment: “The U.S. election is rapidly approaching. Brexit looms large over the European economy. Rogue terrorists attack without warning and the migrant crisis continues to threaten Europe’s security. In the face of such volatility, it’s more important than ever to […]

panic button crisis

Pending Crisis Calls for Gold

July 6th, 2016 by

If you haven’t heard about the coming global monetary crisis yet, you don’t need to venture to the farthest corners or darkest depths of the Internet to find out. Sources in the mainstream media like Business Insider and CNBC have even been picking up on this concept. The signs abound that this pending crisis could […]

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Longing for the Stability of Gold

June 27th, 2016 by

It is becoming less and less common for the average layperson to understand where our financial and monetary systems originated from. Many people are wholly unaware of the gold standard that was in place for much of modern history prior to WWI. Even as the 20th century progressed, there was a reasonably stable gold-exchange standard […]

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What Gold Tells Us About Markets

June 15th, 2016 by

It’s often very difficult to get a firm handle on what markets are doing—and why. This has become especially true in this unprecedented age of negative interest rates.

Thrown under bus

JPMorgan Throws Salesman Under Bus

June 3rd, 2016 by

The big banks are no strangers to paying huge fines to regulators. This has become especially true since the various forms of market manipulation, price rigging, and other unethical conduct by these financial institutions has come to light over the last several years. Megabank JPMorgan has been at the center of these controversies. Now, one […]