Tags » Gold & Silver

Report: Record amounts of gold and silver trading for bitcoin

by Andrew Moran

Bitcoin has fallen a long way from its record high of nearly $1,200 late last year. Throughout the first quarter of this year, the digital currency has traded anywhere from $350 to $800 and many bitcoiners, even gold bugs, think it’s headed straight to the moon to as high as $100,000 per coin. 456 more words

Business

The Financial Crisis - That's Sooo Over - Isn't It?

That depends on who you ask.

If we look at the major market indicators:

House Prices at all time highs in London. (Being chased up by Chinese buyers apparently) 3,249 more words

Crypto-currencies

Rwanda’s Formula for Success: Murder Your Neighbors and Steal Their Wealth

Glen Ford writes for Black Agenda Report:

The New York Times touts Rwanda as a place of economic miracles, a country with almost no mineral resources that nevertheless plans to “leapfrog” straight to an information economy. 226 more words

USA

The Looming Battle for Uganda's Gold

Hilary Heuler reports for Voice of America:

Having lost their traditional herds, the local people of Karamoja, Uganda, increasingly turned to small-scale gold mining as a meager but fairly steady source of income.  94 more words

Africa

Gold Fix Study Shows Signs of Decade of Bank Manipulation

Liam Vaughan writes for Bloomberg:

The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say.  200 more words

Financial Crisis

War-scarred Ivory Coast reopens for business

Joe Bavier and Daniel Flynn report for Reuters:

Ivory Coast is re-emerging as the prime investment destination in French-speaking West Africa after a decade of political turmoil but President Alassane Ouattara must weed out corruption and promote reconciliation to keep cash flowing in.  374 more words

Food & Farming