Some experts believe that if a major portion of cars used Lithium batteries we could run out of available Lithium in less than 20 years. So it is critical that we find alternative types of batteries that use inexpensive, common, lightweight materials.
New Battery UnVeiled Read More »
The idea of using solar power is a popular one. Not only is it eco-friendly, but the hope is that it can also save your household a significant amount of money. But the idea of using solar power is not new. The first solar hot water heater was created by Clarence Kemp of Baltimore who painted a tank black and enclosed it in a wooden box thus creating the first known “batch water heater”.
Will Solar Energy Finally Catch On? Read More »
All of these systems paved the way for the advent of eCommerce. Imagine trying to buy something online if all we had was physical currency. It would effectively be impossible to process electronic transactions without these modern digital currency alternatives. This area is bound to explode in coming years as the desire for more electronic transactions collides with a desire for more electronic privacy.
eCommerce Trends: What’s in Your eWallet? Read More »
It is difficult to flip through the channels on your TV and not see at least a couple of shows about flipping houses and making a fortune in the process. There are even online courses that teach you all about how flipping is done. This is an incredible phenomenon that is sweeping across the country, and many people have attempted to flip a home or have been thinking about doing it in the future. This trend will likely continue to impact the housing market in the years to come.
Real Estate Trends: House Flipping Read More »
The big news this week was the outbreak of a computer virus called “WannaCry”. According to CyberSecurity company Symantec makers of Norton Security, WannaCry is a “worm that spreads by exploiting a vulnerability in the Windows operating system. Once installed, it encrypts files and demands a payment to decrypt them.”
Cyberattack! Ransomware and The Future of Computing Read More »
“Everything that can be invented has been invented.” This quote has been mistakenly attributed to Charles Holland Duell commissioner of the United States Patent and Trademark Office from 1898 to 1901. The advance of technology has grown exponentially since then and some major inventions like the personal computer have transformed our lives to such an extent that
Futuristic Advances to Ancient Materials Read More »
Since 1776, many things have changed dramatically in America. One of the most drastic series of changes has been in the way we conduct transactions using money. Believe it or not, the monetary system that is in place today would be almost completely unrecognizable to the founding fathers. Here are some cool facts about the history of our monetary system.
America & Money: Cool Facts About the History of Our Monetary System Read More »
Just a few short years ago no one had heard of them and now it seems like everybody on the Earth knows about Bitcoin. Bitcoin (a peer-to-peer electronic cash system) was first introduced in October 2008… In 2012, at InflationData, we published an article entitled “Civil Liberties Rest Upon Sound Money” about the new currency. Since then the use of bitcoins has grown astonishingly quickly. Being the prescient financial wizards that they are, in 2014 Robert Prechter and our friends at Elliott Wave International began offering their expert financial advisory and educational materials for sale via Bitcoins… Today there are some 14.6 million bitcoin units in circulation… One major problem with most currencies is that there is nothing to stop governments from printing an infinite amount of them. This erodes the value of the existing currency and can cause them to become worthless through hyperinflation like the currencies of the German Weimar Republic and Zimbabwe… Bitcoin is unique in that only 21 million bitcoins will ever be created.
Cryptocurrency: Is Bitcoin the Future of Money? Read More »
Several factors determine the U.S. price of gold. Inflation, market uncertainty (i.e. worry), the value of the Dollar compared to other currencies (a falling dollar increases the gold price), supply and demand. Market supply can come from three sources: mining, scrap (people selling jewelry to raise cash), and Central banks selling reserves. Demand can come from industrial and commercial sources and investment demand (i.e. people hedging against uncertainty or expecting a rise in gold prices). Recently, overall market and political uncertainty in the world is rising while the Dollar is falling.
Gold Prices Inching Higher Read More »
At the Federal Reserve’s recent policy meeting on Wednesday, December 14th the FED raised their federal-funds target interest rate by a quarter percentage point, to range between 0.50% and 0.75%. Fed officials pointed to a strengthening economy and inflation nearing their targeted level of 2%. According to the The Wall Stree Journal “The Fed’s more
FED Raises Interest Rates- ROC’s Retain Buy Signal Read More »
