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  Bitcoin Has Reached The Target Bitcoin once more reached the target of $31,200. Ethereum is nearby target now...  BRICS planned to start a New Digital Currency in August.  But India will be out of it,  which will be planning to work on Rupee. 

Bitcoin/USD Is Going To Create New Heights This Week: Bitcoin/USD is going to overtake the $31000 mark in the coming week. The reason being, BRICS are going to slide with this currency.  Result:- Target Achieved

Aboutme.SubinFinance Aboutme.Finance Gold is very optimistic this week and a strong rally took it above US$ 1140/Troy Ounce due to pessimism in the United States market.  The gain is above 5% and market has hit a six-week long run. This rally seems to be quite close that Gold will be reaching the US$1200/Troy ounce and will be stabilizing there. Then in September, Federal Reserve will be increasing the interest rate to about 0.25% and will change the course of Gold and other metals. So please take the profit and don’t stay there. One day it will destroy your valuable investment. Housing sector is improving, Wages are increasing, Inflation is slightly down and demand too is moving ahead gives more chances of United States increasing the interest rate. Apart from that, world economy is moving to decrease the interest rate and United States stands firm to increase it. This will help United States as people are interested to invest in this country and this investmen...

Aboutme.SubinFinance Aboutme.Finance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E GOLD The prices of Gold gained as investors started buying due to market volatility on growth prospects of the region. Japan’s second quarter fell 0.4%, less than the target of expectation about 5%. Gold has rose 0.22% to US$ 1115.20 in New York Merchantile Exchange.  Silver, too has gained about 0.11% to US$ 15.230/troy ounce. In the metal section, September Copper delivery has fallen to 0.80% to $ 2.324 a pound. This is due to concern that expectation of oversupply and slowing demand due to Chinese market slackness. China is only country who has an annual demand of about 40% of copper in the world market.   Friday, Gold got the beating because USA economic reports shows producer prices were higher for the third straight month in July and factory output increased at the faster rate in the last eight months. United states consumer se...

Chinese Yuan and The World Market: Aboutme.SubinFinance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E Chinese Yuan had inched towards instability after the PBOC depreciated the currency by over 1.80%, still not flexible on the move that the economy will stabilize. The country was growing at the rate of more than 10% per annum and now reeling on low export, low employment and low demand from the world market. Chinese Yuan opened at 6.4300 and closed on 6.3231 on Tuesday. Yuan will be coming to stability if the economy is attaining stability and depreciation will attain benefit unless economic parameters work well with the move. Still we can’t say that currency is at equilibrium or not.  The Yuan Central parity is at 6.4010 and maybe expecting downward movement of about 1.1% to 1.8% respectively. This is called market devaluation. Australia : Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E Chinese...

China Devalues Yaun Once More….. Get Google Apps & Make Money With Me [referral link]: https://goo.gl/2Mdc3E Asian market fell on Wednesday due to policy put forward by Chinese Central Bank by devaluing the currency “Yuan” once more and send shock waves in the region.  Shanghai Composite has fell more than 0.65%, while S&P index eased more than 0.80% and Nikkei down about 1.09%. The People Bank of China has set the Yuan at 6.3306 against the US$ Dollar on Wednesday after a massive devaluation of about 2% and shift to market-oriented exchange rate, now moving it 1.61% more weaker than Tuesday fixing and since Ocotober 11, 2012, the weakest.  PBOC are allowing Yuan to weaken which will increase export of Chinese goods and rogue trading will stop. The Yuan first put-up at 6.3231 to US$ Dollar and in the Wednesday morning it has been set as 6.2298 against it which will create competitiveness in the country’s trade. This is done on the basis of the credit da...

About.me.subinfinance "Gold" if it’s priced in single Currency which makes the way to new high automatically against all the currencies it will make it. "Gold" is going to break the high of 2011 against all currencies in the year of 2015. David Cameron made a rudimentary statement about Russia. “Russia is not fit to be part of an International System”. That means Russia is having the unique system which is far better than the rotten system of the western countries.  If you take the comparison of Russia with United States of America, Russia is having a positive surplus Current Account of US$ 70 Billion whereas United States never had a Surplus Current Account in the last 50 years or so. Russia’s Debt / GDP is considered to be just 14% whereas United States it’s over 105%. Russia’s Forex Reserve is considered to be US$ 400 Billion and Debt Service of all Russian Debt is US$ 100 Billion in 2015. So no pressure for Russia in the coming years and...

King World News was having a fireside Chat with Billionaire Frank Giustra about the scenario that "Silver" will reach US$ 500 and "Gold" to reach US$ 10,000. Here in Switzerland, something amazing is happening right now. They came out of "Gold" initiative which we discussed the blog before because this will make the Swiss Franc much strong. Hence, this will have a bad effect in the economy i.e., due to strong currency people will lose the Job .  The Swiss Franc has been appreciating and coming near to 1.20 pegs with Euro . The Finance Minister fears that it will break the peg, so they initiated Negative 0.25% Interest Rate . Apart from that they started buying unlimited amount of Euros too. Switzerland today had abandoned Swiss Franc and joined Euro and whole European Economy is governed from Brussels.  Swiss Economy is much stronger than other European Compatriots. So will be its currency, if they have one. So a massive Money p...