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News & Articles By Kevin Hughes
01/03/2022
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By Kevin Hughes
Bank of Mexico to launch digital currency by 2024
The Bank of Mexico plans to establish its own digital currency in circulation by 2024 to adopt the latest payments technology and incite financial formation in an economy that relies mostly on cash transactions. Mexico’s central bank under the administration of President Andres Manuel Lopez Obrador tweeted on Dec. 30 that it is important “to use these […]
12/25/2021
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By Kevin Hughes
Precious metal analyst David Morgan says all markets are manipulated, out of control – Brighteon.TV
Well-known precious metals analyst and author-speaker David Morgan said all markets are manipulated and it is now out of control. “All these markets are manipulated. They’re not really true, free-market price discovery,” Morgan said during the Dec. 15 episode of “Steel Truth” with Ann Vandersteel on Brighteon.TV. The Silver Guru added that the market is supposed […]
12/12/2021
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By Kevin Hughes
Evergrande’s future in limbo amid debt repayment default
Uncertainties surround the future of Chinese property giant Evergrande Group following reports that it could default on its latest debt repayment. Shares in the company, whose crisis has swelled through the wider property and banking sectors, plunged by 20 percent to a record low on Monday, December 6. In a statement over the weekend, Evergrande said that it could […]
12/10/2021
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By Kevin Hughes
Two Chinese real estate giants face financial disaster: Kaisa and Evergrande
Two of China’s largest housing developers are facing a financial disaster after missing their payment deadlines for the millions of dollars that they owe to global shareholders. The Evergrande Group and Kaisa Group Holdings are both on the brink of default with only one looking to have a better chance of making a possible reversal from their […]
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