Latest Dollar Stories

2014-08-25 23:08:47

Amagi Metals, an online dealer in precious metals and coins, announced today that they will stop taking US dollars for payment at the end of 2016. Denver, CO. (PRWEB) August 25, 2014 Since the dollar was decoupled from gold in 1971, it has lost 97% of its value compared to the yellow metal and 83% of its domestic purchasing power, and the trend shows no signs of stopping. Both investors and foreign governments have begun to lose confidence in the dollar’s future and so has Amagi Metals....

2014-01-30 23:30:15

The rapidly growing cryptocurrency exchange Vault of Satoshi has announced the immediate availability of several major new features to their virtual currency exchange platform. These include the addition of new alternatives to Bitcoin (such as Dogecoin) and a Canadian dollar order book; the ability to trade directly between virtual currencies is said to be coming early next week. Brantford, ON (PRWEB) January 30, 2014 In addition to Bitcoin, Litecoin and Peercoin, new alternative...

2013-06-02 23:04:35

The US Dollar suffers its worst weekly drop in 2 years, while gold, silver and Bitcoin remain stalwart, leading GoldSilverBitcoin to offer shiny 1 oz. silver rounds at a steep discount. New York, NY (PRWEB) June 01, 2013 The US Dollar is suffering its worst week in two years since July 2011, reports Reuters. On the contrary, gold and silver have had impressive gains today, acting as the safe haven to fiat currency that they are considered to be, as As can be seen in the image, commercial...

2009-07-06 15:10:20

European Central Bank President Jean-Claude Trichet said he was very clear in his support of the U.S. dollar as the primary central bank reserve currency. In advance of a Group of Eight summit scheduled to begin in Italy Wednesday, finance ministers from China, Russia and elsewhere have questioned whether or not the dollar's is still up for the job of stabilizing international transactions. French Finance Minister Christine Lagarde said leaders should discuss the balance of currencies and...

Word of the Day
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.