Archive for November 14th, 2011

Bitcoin Prices Collapse — Again

Bitcoin Prices Collapse — Again

Bitcoin prices have taken a major downturn in the past 24 hours, dropping to a 3-week low of $2.11 at the MtGox bitcoin exchange. This was the largest single day sell-off in Bitcoin’s short history, with MtGox reporting a volume late Monday of nearly $1 million USD. Bitcoin prices have been in decline since hitting a...
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Ron Paul: European Debt Crisis Threatens the Dollar

The global economic situation is becoming more dire every day.  Approximately half of all US banks have significant exposure to the debt crisis in Europe.  Much more dangerous for the US taxpayer is the dollar’s status as reserve currency for the world, and the US Federal Reserve’s status as the lender of last resort. ...
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