Green Banking: A New (Decentralized) Shade of Green

As America’s clean energy industry takes up position in a no-man’s land between subsidies and sustainability, the idea of “Green Banks” is being touted as a life-line that will push the industry into maturity, but it’s an idea that will only work on a state level and by empowering states to make their own clean energy decisions. Read more

Top Rated Books for Silver Traders Review

Due to the popularity of the topic – trade silver – we have decided to offer to you kind attention a review of the  five best-selling books for silver traders available for online purchase at Amazon:

  A beginner’s guide to purchasing silver and how to liquidate it by Qianjun Befanis. This book is great for beginner traders, because it employs straightforward and easy to understand language. Moreover it is brief and will save you not only money, but also time to figure out how to trade silver. Read more

Bullish gold may stumble on the way up

The big move in gold prices past week after the bond-buying announcement by the European Central Bank and hopes for more stimulus from the U.S. Federal Reserve in the coming week encourage traders to believe that gold prices will rise further.

Analysts expect a new stimulus plan to be announced in the U.S., which will lower the value of the U.S. dollar. This looks as a very possible outcome after the release of a weak jobs report on Friday following a lower-than-expected August data. If some form of stimulus is announced gold could trade up to or even surpass yearly highs up at $1,800, traders believe. Read more

Pros and cons of investing in real estate, stock market

Nowadays investing in the stock market is a very popular topic. There are a lot of questions that a beginner investor may ask – how to do it more aggressively, how to start buying individual stocks, and so forth. However, probably the most important question of all is whether it is better to invest in real estate or in the stock market in the current economic climate. Read more

Gold coins or faceless money (Part Two)

Just what do those bridges and windows on Euro banknotes mean…?

So in trying to match ancient Rome’s monetary reach, the Euro is running pretty much neck-and-neck with the almighty Dollar.

 Some €898 billion of printed notes, plus €23bn in coin, were in circulation at end-July 2012, says the European Central Bank. By value, that just pipped the amount of physical US Dollars in circulation – put by the Federal Reserve at around $1.1 trillion. One third of those Euros took the form of €500 banknotes, the highest-value note now in circulation worldwide, and the gangster’s money of choice everywhere. But all told, the Eurozone’s population, together with the 6 other states now using the single currency, still lags the official Dollar zone, 334 million to 339 million. Read more

Gold coins or faceless money

What the history of ancient gold coins says about Europe’s kingless, faceless money today…

So when Vespasian was proclaimed Emperor by the legions in Egypt in AD 69, he hurried to strike silver and gold coins at Antioch, Tacitus tells us.

Two hundred years later, the “insane despot” Commodus would only believe that his friend Perennius was plotting to overthrow him when he was shown coins already bearing his former favorite’s image. And ancient Persian kings went further, says the later Armenian chronicler Moses of Chorene, each seeing to it that “all the money in the royal treasury was recoined with his effigy” as soon as he took power. Read more

UAE community’s personal banking and lifestyle habits

Positive feelings towards personal banking over the internet; overwhelming majority keep their personal finances up-to date-and ladies taking the lead in controlling the purse strings

With the mercury rising prompting most people to remain indoors or consider their overseas travel plans, a recent consumer survey conducted by Western Union (NYSE: WU), a leader in money transfer and global payment services, amongst UAE residents* into their personal finance and banking habits showed that most are quite happy to conduct their finance management from indoors – via computer. In fact, the survey found that nearly half of all respondents (44%) actually prefer internet banking whilst 76% feel safe undertaking their personal banking over the internet. Read more

Rosy perspectives for mortgage providers in Dubai

Mortgage providers in Dubai introduce higher quality products

Many expatriates in Dubai are now planning to purchase a home. Most of them have been living in UAE for a long time, renting apartments and villas in different areas of the city. This has made some of them realize the disadvantages of renting. Read more

Bounced cheques need closer attention

Bounced cheques – dealing with the problem

Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the financial crisis. This article aims to inform readers and provide detailed perspective on the issue. Read more

Understanding the mind of The Rich

A lot of people frequently wonder why some people are prosperous while others struggle with money. Some individuals get richer while some live only with their salaries, even going deep into debt. Why is it that the poor and the middle class work hard but do not really attain security? The answer lies on a person’s mindset and perspective. To get rich, it is important to understand the mind of the rich. Read more

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