The Right Tools for These Depressed Markets

To trade Crypto coin calls or puts, Gate.io is a great exchange offering 5x long and short positions along with many other trading choices. Of course, it’s FREE to sign up for a trading account there. Wondering what to do in falling Crypto markets? Looking for smart strategies to make the best of a pretty bad situation? Then read this post and discover pro trader methods! In this article, you will discover the tools you need for the type of free-falling markets we seem to be witnessing in Crypto coins for multi-months now. Tools to Apply to Any Market Situation...

German Tax on Silver Bullion Coins to Increase

With only a few days left before VAT (sales tax, “Umsatzsteuer” aka “Mehrwertsteuer”) increases from now 7% to the country’s full 19% standard rate on silver bullion coins showing a face value in an official currency, silver investors are still buying at the outgoing low rate that is continuing to be applicable for food, books and a few other “reduced rate” items. The change is due to be effective from 1 January 2014. Thanks to EU bureaucrats and their manic worldview of regulating as much of people’s life as possible, without any regard for economic reason or anything that matters...

Credit Cards: Over 41% of Total Revenue Going to “Fraud Prevention”

Credit card issuing companies are spending upward of 41% of total revenue every year on — more or less futile anyway — attempts to prevent (or at least limit) credit card fraud. This is a well-known fact throughout the banking and credit card industries. Largely anachronistic money transfer systems such as credit cards but also bank wire transfer technologies, dating from the age of the telegraph but still in use today, prove increasingly unfit for today’ where much more frequently than in pre-internet days some sort of “overseas” aspect is present. Despite the high extra cost thus associated with all “international”...

Apple Pushing a Proprietary Payments System for iOS

Apple, Inc. (NASDAQ:AAPL) have removed a number of Bitcoin-related iOS applications from their proprietary online App Store. While in some cases, Apple failed to even give a proper reason for their move, other app developers have received notifications from Apple , Inc. that Bitcoin payment functionality, in a stricter sense, needed to be removed for apps to stay “acceptable” for Apple’s platform. The measure taken by Apple, Inc. has resulted in the extinction of usable payment applications for Bitcoin on Apple iOS devices such as iPhone, iPad or iPod touch. Only a few apps that show just Bitcoin wallet balances...

Real Estate Listings from England: Silly-Saturday Reading

Browsing current property auctions is a part of covering investment news and information in markets both domestic and abroad. The ones below did not provide too much in the way of usable information but they were quite hilarious and, thus, still sort of a good read. Let’s go ahead and hire a real j-A-rk then — preferably to be a real estate agent (and come up with things like in the next listing pictured below). It appears that Anglian Water Services Ltd are auctioning off their family silver. Indeed — good to know: the listing particulars state that the site...

IMF’s Christine Lagarde Calling for Outright Government Theft

Christine Lagarde, chair person of the IMF, has called for making the “Cyprus Solution” of confiscating portions of savers’ cash in bank a common government policy. Piggybacking on last week’s call by the IMF for setting up an agency that would be responsible for either closing or salvaging troubled banks across the continent, Mrs Lagarde’s proposed “funding” such an agency with money drained from savings held by bank customers. Mrs Lagarde’s ingenuity and arrogance seems to be boundless, to say the least. (It is equally obvious that her knowledge of real-world economics, on the other hand, is painfully limited.) The proposed...

Hidden in Plain Sight: a Truly New Economy, Web 3.0 and Virtual Currencies

With the economic crisis officially declared in 2008, and far from solved despite some conflicting news suggesting otherwise, there has been set in motion a more fundamental process of change with a potential to affect overall economics and world trade as fundamentally as the invention of the Letter of Exchange in medieval Venice or the concept of limited liability in 17th century maritime commerce. The emerging commercial vehicle is an array of virtual currencies. While actually experimented with since the late 1980s in the San Francisco Bay and other local areas, the latest generation of virtual currencies evolving are of...

Debt Ceiling Games: U. S. Government Shutdown “Imminent”

The U. S. government is going to be broke in a few days — again. Players in Washington, D. C. are pretending to be in a feverish battle to “save the country”. It is all fraud and ridicule though — hardly surprising as the very person of the current president is, too. What is happening now in Washington is a childish squabble between two allegedly different ideologies without any grown ups in the room. Americans should throw all the Republicans and Democrats out of office. They are absolutely not helping America move forward and get back on its feet again....

Why Amazon Marketplace Orders Might Be Dangerous to Your Health

Amazon.com has been all the rage for many years now. Notorious for burning through investor money and venture capital for a period of over ten years, Amazon.com dominates most every consumer market there is, and it has increasingly established itself as The Top Address for online shopping. That this has been achieved largely by killing off any kind of “competition” — and also at a high cost to Main Street, to the overall employment situation, and to small business in general — is not meant to be a matter of concern in this article. Though regrettable, it could also be...