Dinar Recovering

BADHDAD, Apr. 3 - The exchange rate fell from 10 dinars to the dollar in 1991 to 3,500 just before Baghdad fell to U.S. forces in April 2003, according to the central bank data. More>>

Brace For A Bust As Bubbles Look Set To Burst

LONDON, March 29 - Credit has to be given to Alan Greenspan, the Federal Reserve chairman. He is the first head of a monetary authority who has not only managed to create a series of bubbles in the domestic economy but has also managed to create bubbles elsewhere -- in the New Zealand and Australian dollars, emerging market debts, government bonds, commodities, emerging market equities, and capital spending in China. More>>

Hint Of A Bottom In Gold?

NEW YORK, Mar. 4 - Today gave us a hint of a bottom as gold made a nice move to $395.20 until the squaring of currency portions in front of the Jobs Report settled it back to $393.20. The financial world has a habit of fixating for no apparent reason on one report or another. More>>

Sell Oil For Gold, Mahathir Tells Saudi Arabia

JEDDAH, Saudi Arabia, Jan 18 - Former Malaysian Prime Minister Mahathir Mohamad said on Sunday that Saudi Arabia should sell oil for gold, not dollars, to avoid being "short-changed" by a decline in the U.S. currency. More>>

U.S. Hits 47 With Charges In Forex Sting

NEW YORK, Nov. 19 - Federal authorities on Wednesday charged 47 people, netted in a sting operation dubbed "Wooden Nickel," with running a scam in the foreign currency market that defrauded retail investors and big Wall Street firms of millions of dollars. More>>

The Bottom Line: Whither The Dollar?

WASHINGTON, Nov. 10 - Few issues are more important for emerging market investors than the value of the U.S. dollar. More>>

White Paper on Islamic Bimetallic Currency More>>

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