Currencies

You might think the currency market is an orderly process for exchanging dollars, yen and euros as trade settles around the world.

Learn why it’s more accurate to think of the currency market as a freewheeling, unregulated and dynamic zone open to interventions, rigging and fixes.

It can lead to all sorts of traps for the unwary investor. Brokers, investment firms, speculators and central banks are all trying to get the market going their way. We try to make sure you’re on the right side of the trade.

Read more

Gold versus paper money
0

Yes, the US Dollar Should Be Backed by Gold

Had we the power, we would declare that Americans could use whatever currency they wanted, that the US dollar would once again be exchangeable for a fixed quantity of gold, and that the US Treasury would accept any major currency — including bitcoin — in payment of taxes.