The mysterious and seemingly invisible form of currency that creeped into the market in 2009 called Bitcoin, has just recently passed the $10,000 mark per 1 US dollar.
But what is Bitcoin and can it help you in times of need?
By: Julia Martyn
October 19th, 1987, commonly known as Black Monday, was the day the Dow Jones industrial average dropped a staggering 22 percent. Its 30th birthday recently passed, reminding everyone of the past hysteria, as well as planting a seed of anxiety in the minds of every investor.
The rising price of gold is making a lot of headlines in 2016 as investors flock to more safe havens.
On February 9th of this year, investors poured the most amount of money ever into gold bullion securities, according to an article in the U.K.’s Telegraph. Whenever gold panics start, you can be sure scam artists will be close by.
(If you know how to avoid the effects of corrosives on gold)
Recently, a co-worker commented on a news story about the discovery of some ancient seafaring vessel that was found to contain gold coins of the period. He remarked that the coins, after being submerged in seawater for hundreds of years, looked brand new when brought to the surface and the debris removed. The rest of the ship (both wood and metal) had deteriorated to the extent that identification was going to be a tedious process. Not so with the coins, whose markings were as crisp as the day that the ship went down. How could that be?