Power of Zeus: Russian Startup Helps Venezuela Issue Oil-Backed Cryptocurrency © REUTERS/ Marco Bello On February 20, Venezuela launched the pre-sale of the world’s first national, oil-backed cryptocurrency, the Petro…
This Gold Takedown Is Bullsh*t Because The Gold-Based Monetary System Is On Its Way As we kickoff the final day of trading in February, one of the top money managers…
Venezuela and Russia Are Collaborating on Cryptocurrency By Nathan Reiff Venezuelan and Russian government officials met last week in Moscow to discuss the launch of Venezuela’s new petro cryptocurrency, according…
Russia Mulls Creation of Payment System Via Messengers © Sputnik/ Kirill Kallinikov MOSCOW (Sputnik) – Russia may be interested in developing an in-app payment system, similar to China’s WeChat Pay,…
Turkish National Cryptocurrency Turkcoin Is on the Way © Sputnik/ Evgeny Biyatov Days after South American nation Venezuela launched its government-approved ‘petro’ cryptocurrency, Turkey now claims that it is considering…
Yes, The Petro-Yuan Is A Threat To The U.S. Dollar Summary The US dollar enjoys a special privilege in the world due to its dominance in the global oil trade.…
Menendez Hints At US Action on Venezuela’s Controversial Crypto Nikhilesh De A U.S. senator who has previously spoken out against Venezuela’s newly-launched cryptocurrency isn’t done with the issue. Late last…
US Lawmakers Predictably Take Aim at Petro as Iran, Russia Consider Following Venezuela’s Lead U.S. Republican Senator Marco Rubio. | Photo: Reuters Russia and Iran have expressed interest in developing…
Venezuela Opens Petro Currency Training Center for Citizens The cryptocurrency training school offers courses on the Petro to Venezuelans for free. The Venezuelan government has opened a training centre…
Russian Gold Reserves Explode; The Long Term Plan to Dethrone King Dollar Continues Written by Nathan McDonald, Sprott Money News For almost a decade now, I have been highlighting an…
Who Will Buy Trillions Of US Treasuries??? by Tyler Durden Authored by Chris Hamilton via Econimica blog, As of the latest Treasury update showing federal debt as of Wednesday, February 15…federal debt…
Venezuelan state oil firm to strike deals using national cryptocurrency © Adalberto Roque / AFP Venezuelan President Nicolas Maduro has ordered the country’s state energy company PDVSA to close some…
Caracas going crypto-crazy: Venezuela set to launch second digital currency © Jorge Silva / Reuters After successfully launching the ‘petro,’ Venezuela is now on its way to becoming the world’s…
In Venezuela’s Footsteps: Iran Mulls Own Cryptocurrency Amid US Sanctions © Sputnik/ Evgeny Biyatov Iran’s Minister of Information and Communications Technology Mohammad Azari Jahromi stated that he already had a…
Singapore firm to mint Islamic cryptocurrency backed by gold © Bazuki Muhammad / Reuters Singapore-based fintech company HelloGold has received certification for its gold-backed virtual currency that entirely complies with Sharia…
Venezuela’s New Cryptocurrency Targets Chink in US Economic Armor – Expert © REUTERS/ Marco Bello Venezuela’s petro cryptocurrency has become a reality. The country’s government today officially launched the presale…
Venezuela about to launch its ‘petro’ cryptocurrency Venezuelan President Nicolas Maduro. © Jorge Silva / Reuters The pre-sale of the commodity-backed digital currency ‘petro,’ which has been announced by Venezuelan President…
Inflation Heating Up! Wages Drop The Fed’s Kaplan Expects Much Higher Inflation…
Storm Coming: US Greenback Groaning From Weight of Economic Deficits CC0 Recent changes to the US’ tax rates coupled with its current-account shortfall are creating stormy waters for the greenback…
The End Of The Petrodollar? China Unveils Oil-Futures Launch Date by Tyler Durden After decades of dollar-hegemonic control, the world’s biggest oil buyer is finally getting its own crude-futures contract –…
US rejects ‘Communist Chinese’ takeover of Chicago Stock Exchange © Reuters The top US regulator of the financial markets has blocked the sale of the Chicago Stock Exchange (CHX) to…
Plunging US dollar boosts gold’s safe-haven demand © Leonhard Foeger / Reuters Gold prices have edged up on the back of a tumbling US dollar which, according to analysts, has…
Fed Triggered Stock Sell-Off – Dollar Next – John Williams By Greg Hunter By Greg Hunter’s USAWatchdog.com In his latest report, economist John Williams asks the question, “Did the Fed…
Russia to team up with China in Aramco IPO bid Kirill Dmitriev, CEO, Russian Direct Investment Fund (RDIF). Russia says it plans to participate in the initial public offering of…
“A Historic Reversal”: Dollar, Treasurys Slide As Trump Drops Target For “Balanced Budget” by Tyler Durden Following last week’s torrid surge in the dollar on the back of a…
China about to throw down the gauntlet to the petrodollar © Jason Reed / Reuters The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil…
Russian banks ready to switch off SWIFT – official © Maxim Shemetov / Reuters Russian financial institutions and firms are ready to work without SWIFT’s interbank cash transfer services, according to…
Russia looks to dump US dollar in settlements with Iran © Behrouz Mehri / AFP Moscow and Tehran are continuing talks on using national currencies in trade, according to Russia’s Ambassador…
Takedown Setting The Stage For “Goodbye US Dollar” As China To Revalue Gold Sharply Higher As we end what has been a wild couple of weeks of trading, today…
The US Dollar Has Been Rejected Globally, People Will Be Ruined:Rob Kirby…