May went sidewise. Somewhat boring in fact. Today we want to discuss cryptocurrencies. At best an “investment” fad. As the story goes the little boy said to the emperor “the emperor has no clothes on.” Of course, the emperor was … Continue reading
Category Archives: Currency
The market has been very strong recently. In March, the Dow went up over 2049 points or 6.6%. For the quarter, the Dow went up 2375 points or 7.76%. Most clients made money last month and quarter. We would advise, … Continue reading
In Short Currency is a medium of exchange that improves the efficiency of transactions. An Improvement Over Barter Before currency existed, people obtained what they needed from others via barter. Basically if I have a chicken and you have a … Continue reading
In Short When a currency becomes less valuable relative to another currency. Explanation The value of all currencies (US Dollar, Euro, Pound, etc.) are defined relative to each other. For example: right now one US dollar is worth about .762 … Continue reading