Bitcoins Gain Currency
Print your own U.S. dollars and the Secret Service will come after you. The laws of physics will stop you from turning lead into gold. But you can safely mint your own “bitcoins,” a cyber-gold currency...
View ArticleFed Watch Gears Up as Monetary Stimulus Winds Down
Under most circumstances, a return to normalcy would be welcome news. “Normal” usually beats the alternative. But current economic circumstances aren’t like most others. In December 2008, with the...
View ArticleSwiss Franc Fiasco Has Lesson for Stock Investors Who Place Sell Stop Orders
On Thursday, Jan. 15, the Swiss National Bank abruptly dropped its efforts to cap the exchange rate of 1.2 Swiss francs per euro. The franc immediately appreciated by 17 percent, causing chaos in the...
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