All the hype surrounding Bitcoin is a dead giveaway that you should be suspicious. Forget all the economic arguments against the currency, though. The biggest risk is a technological one. Add in the neck-snapping volatility, and you’re telling me this is the future of money? Keep dreaming! It’s little more than a wild speculation. One with a fatal flaw, at that, so please, whatever you do, refrain from converting your life savings – or any meaningful amount of money – into Bitcoins. At least until you read this article.
Read More »Argentina In Advanced Stage of Yet Another Financial Panic/Meltdown (2K Views)
With international reserves in virtual free-fall, the black market peso rate plunging, and no sign for months that President Kirchner has any appreciation at all of the gravity of the situation, the country is in the advanced stages of another financial panic/meltdown. This will end badly, another chapter in the long history of Argentine financial crises extending back almost 100 years.
Read More »The 13 Most Popular Articles In 2013 On the Potential Collapse of the U.S. Dollar
munKNEE.com will receive well over 1,000,000 visitors again in 2013 and is now a “go-to” destination for a diversified account of economic, financial and investment analyses, opinion, advice and education including the current state of the U.S. dollar and its possible future.
Read More »Singapore – China Agreement Yet Another Sign of Ongoing Decline In U.S. Dollar (3K Views)
Finance executives in Asia see the writing on the wall. They can see that the dollar is in a period of terminal decline, and that the Chinese renminbi is going to take tremendous market share away from the dollar - and they want a big piece of the action. To that end representatives of the Hong Kong Exchange and the Singapore Exchange, THE two dominant financial centers in Asia, have signed an agreement to combine their forces in rolling out more financial products denominated in Chinese renminbi. This has massive consequences for the global financial system - and the future of the U.S. dollar.
Read More »Gold Setting Up To Bottom; U.S. Dollar Setting Up to Crash (+3K Views)
The next black swan is already staring us in the face. It's out of control currency debasement and it's going to be a collapse in the purchasing power of the US dollar. [After all,] does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen?
Read More »China’s Reining In of U.S. Treasury Purchases Will Precipitate U.S. Dollar Collapse (+4K Views)
The People’s Bank of China is reported by Bloomberg to have said that it will rein in dollar purchases as the country no longer benefits from increases in its foreign-currency holdings...What implications will this have? I believe that we'll see the start of a U.S. dollar collapse. Here's why
Read More »Believe It or Not: Biggest Threat to U.S. Is Economic Growth
Fed Chair Bernanke vehemently denies that the Fed “monetizes the debt,” but our research shows the Fed may be increasingly doing so. We explain why and what the implications may be for the dollar, gold and currencies.
Read More »Bitcoin Buzz from Visual Capitalist (+3K Views)
What currency is feared by the European Central Bank as a threat to fiat monetary institutions? What currency is cash-like but digitally transmittable allowing for ultimate anonymity and global mobility? What digital currency is up over 2,200% over the last year? It's Bitcoin.
Read More »This Proposed Law Would Ban Use or Possession of U.S. Dollar in Russia (+5K Views)
If the U.S. national debt continues to grow then the U.S. dollar system will collapse in 2017 suggests a Russian lawmaker in submitting a bill to the country’s parliament that would ban the use or possession of the American currency.
Read More »Currency Wars Can Work to Your Advantage – Here’s Why & How To Do So (+2K Views)
Looking for a simple way to outperform the market on your international equity index portfolio? Here's how.
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