Showing posts with label true money. Show all posts
Showing posts with label true money. Show all posts
Saturday, April 20, 2013

Silver Still To Out Perform Gold - As Euro Crisis Peaks

Silver Still To Out Perform Gold – As Euro Crisis PeaksHow much longer is it going to take before the debt factor inside the euro crisis has reached its limit? Is this whole house of cards about to burn down? Will it be the Germans who ultimately have to pay for the fiscal mistakes that other euro nations made before the fires begin?

The Spanish bonds most surely will hit levels that could exceed seven percent very soon. Greece could possibly still keep the euro, knowing all well that austerity measures will not be able to last into the foreseeable future. Cyprus keeps getting dragged down under enormous amounts of debt now equal to that of Iceland, which is another foreseen hot spot…


 
Friday, March 15, 2013

What Is The Difference Between Currency And True Money?

What Is The Difference Between Currency And True Money?Currency has been around in various paper forms throughout societies for generations. People use it every day. But how many people really know what the difference is between paper currency and money?

Currency has been defined as a circulating medium of exchange, used as an intermediary in trade to avoid the use of a barter system. The benefits and usefulness of currencies include; being a unit of account, or standard measurement of value. Other key factors include; durability, divisibility, ease of transportation and being …


 

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