Sixteen years ago I wrote on my personal travel blog, “Australia sucks”. Not because I have anything against my colonial cousins, far from it… in fact My First Wife and I spent some considerable time considering whether we might like to spend the rest of our lives there.
Of all people, the last person you should ever ask about what is going to happen in the economy is a central banker or a Keynesian economist…. they are like communists trying to centrally plan the economy. Their track record of predicting the economic future is almost perfect in that they almost always say “this time things are different” just moments before another crash happens. [Read more…]
10% Every Year
What if you could average over 10% every year on your retirement or investment account?
Would it be worth your time to investigate?
During this webinar, Dan & Patti Hunt will show you a solution that is simple, reliable, and affordable. [Read more…]
Make 1% Per Day
Horst Jicha explains USI-TECH trading secrets on how they safely make 1% per day and will continue to do so in the future.
Pound Under Pressure as Inflation Rises to Highest Rate Since 2013
Adam Norrie – 19 May 2017
The Pound had a rough start this week with the latest reports indicating that inflation has reached 2.7%, up from 2.3% in March. This level is mildly ahead of the expected level of 2.5% and a large increase on the government target rate of 2.0%.
We are now experiencing the highest rate of inflation in the UK since September 2013. This, combined with the likelihood of a ‘hard-Brexit’ is likely to hit the Pound further and have a detrimental impact on the UK economy. Already we have seen a contraction in the GDP as households tighten belts and restrict their spending.
The Consumer Price Index (CPI) highlights that prices of groceries, clothing and electricity are all on the rise as well, which naturally puts pressure on our finances. To rub salt into the wounds, it has also been reported that wage increases are now lagging behind inflation for the first time since mid-2014, carving the path for what is becoming a bleak economic outlook for Britain in the near future.
Much of this can be attributed to the Brexit vote in June 2016, which many are arguing triggered the Pound’s depreciation, as well as being the major cause for a rewrite in Britain’s economic outlook.
Inflation is the result of an increase in the money supply, which causes a decrease in the value of the existing money in circulation. Simply, it is the erosion of the buying power of your money. Inflation is, in my opinion, one of the worst aspects of fiat currency. The fact that government is capable of introducing new money at whim, which has a direct and negative impact on the value of the money you are earning and saving, is a form of modern day slavery.
At a time when our money becomes worth less each day it is important that what we do put away into savings and investments grow our money at a faster rate than it is depreciating.
Fortunately, Bitcoin is different, and allows for freedom from the shackles of inflation.
Bitcoin has been the best performing currency in the world for 5 out of the last 6 years. In 2016 alone, Bitcoin’s value increased by an impressive 129%, and in 2017 we have seen exponential growth reaching as high as 97% since the beginning of the year.
For people wanting to protect their investments against rising inflation, bitcoin is ideal in that one of its unique characteristics is that it is deflationary by design.
Unlike fiat currency that can be effectively increased indefinitely, the eventual number of bitcoin is strictly finite. 21 million to be exact. And the rate of issuance is algorithmically programmed to halve approximately every 3- 4 years. This immutable supply and predictable rate of issuance ensures that bitcoin does not suffer the same inflationary fate – corrosion of value. In fact, if anything, it provides the opposite, where basic economics tells us that as the supply decreases, so the value (price) will increase.
By owning bitcoin you are hedging against rising inflation, a weakening Pound and a financial bubble with a needle firmly embedded into its side
Hat Tip to John Smith on Facebook
Since Bitcoin’s humble beginnings, the community have been waiting patiently for the day that the world’s first, permission-less, border-less and trust-less payment system becomes legal tender. That day has come and its impact has been monumental.
On 1 April 2017, Japan officially recognised bitcoin as legal tender. After an initial period of adjusting regulatory and accounting practices to accommodate digital currencies, we are seeing an huge inflow of Nikkei into bitcoin, pushing its price above all previous highs. Earlier this month, Japan accounted for over 50% of bitcoin’s global trading volumes, and still presently accounts for large percentage of activity.
It is clear that Japan is quickly, and aggressively, becoming the Bitcoin centre of the world, but why? [Read more…]
You may have read some of my thoughts and the actions I’m taking to increase the amount of Bitcoin that I hold in my portfolio.
I am a member of a group on Facebook called USI-Tech Team Success. You won’t find it because it is Secret. There are currently 2,571 members in the group, 195 of them were added last week. Membership is by invitation only.
Many of the members take advice of the experiences gained by the earlier and more experienced members, so it’s a great forum for those wanting to improve their fortunes.
From time to time members will post about their experiences and results. Here are a couple of excerpts from this week (I’ve obscured people’s names so as to preserve their anonymity).
€1,546.08 Profit in a week
John Sxxx writes
€1,546.08 Profit in a week – fueled by great trading and BITCOIN increase……………..WITH NO REFERRALS.
Last weeks share of profits sat at 5.5691 with Bitcoin at €1446.52. The Total return on profit share now sits at 6.4902 a difference of 0.9211 on the previous week and with Bitcoin increasing to €1,546.08 making a very profitable week with this account making = €1,424.09. The profit has been used to repurchase and compound to increase the total pack position from 438 last week to a total of 467.
This account shows no commission so this is purely ROC – Imagine the effect that commission will have.
And N’dea DJ writes
31 Days In
This is getting VERY EXCITING!! 31 days in and I have qualified at the first level…. Need to work on my second level!! Getting my FOREX SOFTWARE NOW!! I’m in 100% PROFIT!! HUGE THANKS to all of my ACTION TAKERS and to the ENTIRE TEAM!! 😀
DISCLAIMER: My results are not typical. I work the business and grow my account but you will be able to do just as well or better with equal or greater effort.
I particularly like her “Disclaimer”.
There are many other similar posts from people all over the world who are enjoying the successes brought by using USI-Tech and USI-USA
If you would like to be invited into the group, please leave a comment here or contact me on Facebook.
What if there is a technological advancement so powerful that it transforms the very basic pillars of our society?
A technology which fundamentally influences the way that our economy, governance systems and businesses function, and change our conceptual understanding of trade, ownership and trust?
This technology already exists, and it’s called crypto currency.