financial

PERFORMANCE ANXIETY: John McAfee Says He Will Still ‘Eat His Own D*ck’ If Wrong About Bitcoin

Cyber security expert John McAfee is putting his own manhood on the line, and confidently so, predicting Bitcoin will be worth $1mn by 2020. Bitcoin’s value surged to over $11,000 on Wednesday, eventually diving and settling just below the $10,000 mark.
McAfee is well-known in the media for offering his candid insight, especially on matters of cybersecurity, privacy and emerging technologies.

BRICS Planning Its Own Gold Trading System

As the US and its E.U. partners continue to levy punitive sanctions on Russia, the BRICS are responding with new financial initiatives to help their members break-out of the US and European financial trading monopoly.
Currently, both China and Russia are surging ahead as the world’s top Central Bank buyers of gold, further consolidating their position to be able to weather a global dollar crisis which many expert believe is inevitable. When exactly that happens is still anyone’s guess.

DOLLAR BLOW: China Launches New ‘Yuan-Ruble’ Payment Mechanism

The US received a major blow to its global hegemony, and one which is sure to trigger more fighting talk from hawks in Washington.
This week it was announced that China has established a ‘payment versus payment‘ (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we’re told, is to to “reduce risks and improve the efficiency” of its foreign exchange system.