Blogger Update

Hi everyone, I just wanted to say that I am taking a break from this blog. Not sure for how long. It has become quite a responsibility and I am feeling a need to step back and reassess. There is plenty of information on here that is still current & relevant. Please don’t get too […]

Money from the gods: Iceland’s auroracoin & a new kind of independence Patrick L Young is expert in global financial markets working in multiple disciplines, ranging from trading independently to running exchanges. Published time: March 28, 2014 Norse money-god Niord was famed for being able to give riches to anybody he wanted. In modern Iceland newly-minted money is falling from the digital heavens. Once upon a […]

China Looks Set To Introduce Gold-Backed New World Reserve Currency The US dollar has been the world’s reserve currency for many decades now, but the trends seem to indicate that China is preparing to overtake the US in regards to being the “standard” currency. The world’s monetary system has not had any direct involvement with gold since 1971, when U.S. president Richard Nixon ended […]