Visinomics

Visinomics

Observations, Calculations, and Values

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Archive for Currencies

How to Own Gold AND Earn Interest

One of the principal reasons investors typically cite for not holding their money in gold, and instead saving their cash in a government sponsored currency like Dollars, Euros, or Yen, is that gold doesn’t pay interest.
I’ve struggled with this idea for a long time.  Dollars don’t earn interest by themselves either.  They only acquire their [...]

How to Earn Double Digit Yields on Cash

Obviously, with T-bills in the sub 1% range, it’s not mathematically impossible to earn double digit yields on cash balances in US dollars.
As I was reading a Financial Times article tonight about the Chinese economy, the following chart made me stop and wonder if maybe the Chinese Yuan wasn’t as fixed to the [...]