The change in the price of crypto-currencies, like Bitcoin, and other crypto-assets are due to investors realising the value.
While the current speculation in crypto-currency and assets should make us pause, this is not a speculative driven bubble like tulips, or gold mining stocks.
Where our money comes from is deeply political and the politics involved is often highly complex.
All the talk about a golden time for UK exporters forgets one crucial point.
Trump and Clinton shakes hands
We asked a group of scholars to listen to Clinton vs. Trump and pick just one quote to react to. Here’s what the experts heard.
Trump is only the latest U.S. politician to bash China over its trade and currency policies. Is the criticism fair?
Safe havens like gold are supposed to provide shelter in dire times.
Image sourced from Shutterstock.com
Claims that gold is not a safe-haven asset are based on a lack of understanding of what a safe haven is.
The rand’s current weakness can be attributed to a myriad of structural problems facing South Africa’s economy.
Like any commodity, the value of the rand is determined by the market forces of supply and demand. Its weakening is also affected by a myriad of structural problems facing the South African economy.
But for how long?
How tax authorities decide to treat virtual currencies like bitcoin may determine whether they thrive or die.
If bitcoins exist only in computers, do they really exist?
Bitcoins via www.shutterstock.com
Money used to be backed by something of real value such as gold or silver. Bitcoins and other digital currencies will sever that link forever.
Time to reorder the flags?
BRIC flags via www.shutterstock.com
Back in 2001, a Goldman Sachs economist said Brazil, Russia, India and China would become the powerhouses of the global economy in the coming decades. Is that still in the cards?
Artists and satirists have long played around with currency. With fiscal uncertainty only on the up, artsy cash is becoming more and more prevalent.
Who knew a coin could do so much harm.
Currency wars have been predicted for years. Outright monetary battles were last seen during the Great Depression of the 1930s, when governments competed to devalue their currencies to gain market advantage…
Scotland has lit a fire under sterling.
While Edinburgh and London wrestle over the future of the pound, it has has been sinking. The slide (especially against the US dollar) is widely seen as a knee-jerk reaction to the possibility of Scotland…
Too tangible. (Keyrings, not currency)
A turbulent last few months have seen numerous pieces announcing the end of Bitcoin, its imminent collapse, or the bursting of the bubble. Commentators are missing the point: the key to Bitcoin’s surprising…