Search Results for: SEC
The future of money is gold
February 25th, 2021
This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long as fiat exists. I describe how a world transacting with monetary gold and properly ...
Improving the working conditions in platform work; Q&A
February 25th, 2021
The European Commission has published Questions and Answers about improving the working conditions in platform work. Why does the European Union need an initiative on platform work? The platform economy is a growing phenomenon, with around 11% of the ...
FCA UK sets out its approach to international firms; Authorisation and Supervision
February 25th, 2021
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has published early in February its approach to the authorisation and supervision of international firms. The publication explains how the FCA ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
European markets advanced on Monday; Oil prices spiked overnight
February 15th, 2021
European markets advanced on Monday after a rally in Asia-Pacific overnight, with successful vaccine rollouts fueling hopes of a global economic recovery. The pan-European Stoxx 600 was up 1.1% by early afternoon deals, with media stocks surging 3.8% to ...
Value of GDPR fines shows dramatic increase in 2020
February 3rd, 2021
European Union (EU) regulators have imposed General Data Protection Regulation (GDPR) fines of €272.5m (£242.6m/$330.5m) to date, €158.5m of them since 28 January 2020, in a sign that regulators are getting tougher on data privacy infringements as the regulation ...
Bitcoin bulls pushed BTC price through a key resistance level
February 3rd, 2021
On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of the largest altcoin by ...
Global trade in 2021
January 29th, 2021
So long as the fiat-based monetary system continues with accelerated money-printing, the US trade deficit will continue to widen. This is due to the lack of a propensity among Americans to save printed dollars, now credited directly into ...
European stocks were largely flat on Wednesday
January 27th, 2021
European stocks were largely flat on Wednesday due to losses in technology and mining sectors and as investors stayed on the sidelines ahead of the U.S. Federal Reserve’s policy decision. The pan-European STOXX 600 index was down 0.02% following ...
Don’t dismiss gold and silver…
January 21st, 2021
There is worrying evidence that 2021 will see the end of fiat currencies, led by the US dollar. US dollar money supply has accelerated at an extraordinary rate, a process that will continue. Signals from the markets that ...