history
Major moments in the history of the stock market, from the birth of stock exchanges to catastrophic market crashes and more.
Was Dropping The Gold Standard A Mistake?
On August 15, 1971, President Richard Nixon made a monumental announcement. The United States would end the convertibility of American dollars into gold. This decision transformed global trade into an elaborate dance of faith and belief. Over the next five years, the price of gold skyrocketed. In stark contrast, the American dollar plummeted, losing over 66% of its value. This moment marked the dawn of two decades of relentless inflation in the U.S. Year after year, prices surged at double-digit rates. As the dollar sank in the international markets, we found ourselves facing an urgent question: Was abandoning the gold standard a grave error?
By Tafara Sibotshiweabout a year ago in Trader
The predictable collapse of Fiat currency
In this piece , I will delve into the captivating and perplexing saga of cash. Brace yourself, for the financial world is on the brink of a radical transformation. I explored real estate, gold, silver, and the stock market. But in recent years, cryptocurrency has erupted onto the scene. This digital currency frenzy ignited my curiosity about money itself.
By Tafara Sibotshiweabout a year ago in Trader
The Potential Impact of Artificial Intelligence on Stock Trading
Artificial intelligence (AI) has become a transformative force in the stock trading industry, introducing tools and technologies that are reshaping how investors approach financial markets. By enabling real-time analysis of large datasets, automating trading strategies, and enhancing fraud detection, AI is offering unprecedented capabilities to traders. However, its adoption also brings challenges that require thoughtful consideration to ensure responsible and effective use.
By Ahmad Arafatabout a year ago in Trader





