• Tag Archives Crypto
  • TOTAL WORLD GOLD & SILVER PRODUCTION: Fact vs Conspiracy

    Unfortunately for precious metals investors, there continues to be a great deal of misinformation about how much gold there is in the world. The biggest culprit that confuses precious metals investors is what I call, LOUSY CONSPIRACIES. Those who promote these unsound conspiracies aren’t able to differentiate between FACTS and FICTION.
    This will be a short post, but it is important as it will lay some ground work for articles to come out over the next several weeks in comparing the new Bitcoin-Crypto currency market versus the Gold and silver.
    While conspiracies do indeed take place, they are based upon sound reasoning and evidence that either proves a conspiracy has taken place, or proves the official story is bogus. On the other hand, lousy conspiracies are easy to dismiss when facts and sound evidence are brought forward. Unfortunately, even when the facts or the evidence is laid out step by step, those who either promote or believe these lousy conspiracies… continue to do so.
    This has to be one of the most frustrating areas of my research, writing and analysis. Why? Because, I receive emails at least once a week bringing up one of my favorite LOUSY CONSPIRACIES once again.

    This post was published at SRSrocco Report on AUGUST 19, 2017.


  • WORLD GOLD & SILVER PRODUCTION: Fact vs Conspiracy

    Unfortunately for precious metals investors, there continues to be a great deal of misinformation about how much gold there is in the world. The biggest culprit confusing precious metals investors is what I call, LOUSY CONSPIRACIES. Those who promote these unsound conspiracies aren’t able to differentiate between FACTS or FICTION.
    This will be a short post, but it is important as it will lay some ground work for articles to come out over the next several weeks in comparing the new Bitcoin and Crypto currency market versus the Gold and silver.
    While conspiracies do indeed take place, they are based upon sound facts and evidence that either proves a conspiracy has taken place, or proves the official story is bogus. On the other hand, Lousy Conspiracies are easy to destroy when facts and sound evidence is brought forward. Unfortunately, even when the facts or sound evidence is laid out step by step, those who either promote or believe these lousy conspiracies… continue to do so.
    This has to be one of the most frustrating areas of my research, writing and analysis. It seems as if I receive emails at least once a week bringing up one of the favorite LOUSY CONSPIRACIES up once again.

    This post was published at SRSrocco Report on August 19, 2017.


  • Why Cryptocurrencies Will Never Be Safe Havens

    Every further new high in the price of Bitcoin brings ever more claims that it is destined to become the preeminent safe haven investment of the modern age – the new gold.
    But there’s no getting around the fact that Bitcoin is essentially a speculative investment in a new technology, specifically the blockchain. Think of the blockchain, very basically, as layers of independent electronic security that encapsulate a cryptocurrency and keep it frozen in time and space – like layers of amber around a fly. This is what makes a cryptocurrency ‘crypto.’
    That’s not to say that the price of Bitcoin cannot make further (and further…) new highs. After all, that is what speculative bubbles do (until they don’t).
    Bitcoin and each new initial coin offering (ICO) should be thought of as software infrastructure innovation tools, not competing currencies. It’s the amber that determines their value, not the flies. Cryptocurrencies are a very significant value-added technological innovation that calls directly into question the government monopoly over money. This insurrection against government-manipulated fiat money will only grow more pronounced as cryptocurrencies catch on as transactional fiduciary media; at that point, who will need government money? The blockchain, though still in its infancy, is a really big deal.

    This post was published at Ludwig von Mises Institute on August 15, 2017.


  • A New Currency Emerges As The Old Currency Withers Away, Welcome To The Transition – Episode 1355a

    The following video was published by X22Report on Aug 14, 2017
    The restaurant industry is experiencing a slow down in traffic and sales even with rising food and drink prices. Trump signs memo looking into the trade agreements with China. From all the indicators that are now out in the public domain the US economy is in a recession even though the Fed has not acknowledged it. IRS reports quarterly taxes are down 40% as more individuals are not paying up. Does the Fed have 6200 tons of gold, we don’t because they will not allow anyone to audit it . Venezuela and many other countries are turning towards cryptocurrencies. The central banks are pushing to stop people from using cryptocurrencies, what we are witnessing is the transition into a new currency, a new system.


  • AHEAD: “BREAKDOWN IN FIAT CURRENCY SYSTEM” | Kenneth Ameduri

    The following video was published by FinanceAndLiberty.com on Aug 13, 2017
    CrushTheStreet chief editor Kenneth Ameduri joins FinanceAndLiberty to discuss the global economy. He explains the US has experienced the worst productivity in 35 years, and money printing has gone into overdrive.
    Where are paper currencies headed? “The world is looking for a free market alternative to be able to put their money in,” he says. This shift is why we’re seeing money flow into cryptocurrencies, gold, and silver. Bitcoin and other cryptocurrencies are “big competition for the Dollar, for the Euro.”


  • Ray Dalio: With Two Potential Crises, Buy Gold In Case “Things Go Badly”

    It’s been a while, years in fact, but suddenly it’s gold’s time to shine again.
    The yellow metal – insurance against systemic collapse, hyperinflation and infinite political stupidity – which in recent years has seen its popularity fade as the younger generation has gravitated toward the far faster moving crypto currencies – is once again back in the spotlight.
    As UBS’ strategist Joni Teves, who has been recommending the precious metal for a long time despite the BOJ’s relentless suppression, writes “gold bounces from recent lows in line with other safe havens amid risk-off sentiment across markets following geopolitical headlines over the past 24 hours.” Below are the key considerations from today’s UBS note:
    Key technical levels come into focus for gold, triggering some decent market activity in the middle of this typically quieter summer period.

    This post was published at Zero Hedge on Aug 10, 2017.


  • What Went Wrong With the 21st Century?

    Fools and Rascals
    And it’s time, time, time
    And it’s time, time, time
    It’s time, time, time that you love
    And it’s time, time, time…
    – Tom Waits
    ***
    POITOU, FRANCE – ‘So how much did you make last night?’
    ‘We made about $15,000,’ came the reply from our eldest son, a keen cryptocurrency investor.
    ‘Bitcoin briefly pierced the $3,500 mark – an all-time high. The market cap of the entire crypto market shot up, too… with daily trading volume also rising.
    ‘And remember, this is still a tiny market. Most people don’t own any crypto-currencies. Most people don’t even know what crypto-currencies are. The whole market is only one sixty-fifth the size of the entire gold market. There’s a lot of room to grow. Eventually, everyone will be using cryptos.’

    This post was published at Acting-Man on August 10, 2017.


  • SHOCKING COMMENTS BY TRUMP, STOCK MARKET UNAFFECTED | Rob Kirby

    The following video was published by SilverDoctors on Aug 9, 2017
    Rob Kirby returns to Silver Doctors to discuss recent geopolitical tensions. He says we’re “redlining” right now, but markets are practically unaffected. The U. S. Treasury acting in conjunction with the Federal Reserve is manipulating the markets, Kirby says. Why are so many oblivious to this manipulation? “Most people are not going to complain about a stock market that is higher than it should be.”
    But one market that is not manipulated is Bitcoin – and Bitcoin recently broke above $3000. “The cryptocurrencies are showing us what precious metals should be doing, and would be doing, if they were in a free market,” Kirby says.


  • New Cancer Treatment Using Gold May Spike Demand

    The following video was published by Peter Schiff on Aug 9, 2017
    Peter Schiff discusses promising new treatments showing gold and precious metals may help fight certain types of cancer, and what that means for the price of gold and silver. Also, why Bitcoin and other cryptocurrencies do not have intrinsic value nor are good for real money like precious metals.


  • This cryptocurrency website is selling for more money than Facebook’s

    What’s money worth if interest rates are negative?
    Interest rates, after all, are the ‘price’ of money.
    When we borrow money from a bank and pay interest on the loan, it means that the money we’re borrowing has value. That -capital- has value.
    Negative interest rates, on the other hand, suggest that capital is totally worthless.
    This isn’t a philosophical exercise. These are the times we’re living in.
    Despite a few tiny increases, interest rates worldwide are still near the lowest levels they’ve been in 5,000 years of human history.
    Bankrupt governments across Europe who are already in debt up to their eyeballs have issued trillions of euros worth of new debt with negative yields.
    And there have even been famous cases (also in Europe) in which bank depositors have had to PAY interest, while borrowers were BEING PAID to take out a mortgage.

    This post was published at Sovereign Man on August 9, 2017.


  • Bitcoin Forked – Precious Metals Supply and Demand Report

    A Fork in the Cryptographic Road So bitcoin forked. You did not know this. Well, if you’re saving in gold perhaps not. If you’re betting in the crypto-coin casino, you knew it, bet on it, and now we assume are happily diving into your greater quantity of dollars after the fork.
    ***
    You don’t have a greater quantity of bitcoins; bitcoin has no yield. Bitcoin simply sells for a greater quantity of dollars now than it did before. But who wants to sell? Bitcoin is going to a million bucks – at least. So bitcoin, whatever it is, forked. Whatever forking is. To understand these two concepts, let’s consider an analogy.
    Picture a bank, the old-fashioned kind. Call it Acme (sorry, we watched too much Coyote and Road Runner growing up). A group of disgruntled employees leave. They take a copy of the book of accounts. They set up a new bank across the street, Wile E. Bank. To win customers, they say if you had an account at Acme Bank, you now have an account at Wile, with the same balance!

    This post was published at Acting-Man on August 8, 2017.


  • The Crypto Revolution to Sweep Away Institutions of Violence- Jeff Berwick on The Silver Doctors

    The following video was published by The Dollar Vigilante on Aug 2, 2017
    Jeff is interviewed By Elijah Johnson for The Silver Doctors, topics include: a huge surge of interest in crypto currencies, is it a bubble? attempts to control and shut down bitcoin, the beauty of a decentralized currency, government coercion, the threat they represent to existing power structures, remittance and banking greatly simplified and facilitated, addressing skepticism, risk and speculation, complimenting gold and silver, the biggest thing since the internet, the TDV Bitcoin seminar course.


  • Self Ownership in the Age of Authoritarianism: Jeff Berwick on Open Your Mind Radio Ireland

    The following video was published by The Dollar Vigilante on Jul 31, 2017
    Jeff is interviewed by Alan James and Steven George for Open Your Mind Radio Ireland, topics include: Jeff’s intriguing upcoming travel plans, the financial system and cryptocurrencies, interest rate madness, socialism and central banking, getting rid of governments, self ownership, we don’t have capitalism, control of the internet, increasing authoritarianism, the Shemitah, jubilee and market cycles, the dumbing down and drugging of the US population, EBT cards, preparing for a major crash, hyperinflation, diet and growing your own food, self sufficiency, self improvement


  • Bitcoin, ICO Risk Versus Immutable Gold and Silver

    – Latest developments show risks in crypto currencies
    – Confusion as bitcoin may split tomorrow
    – SEC stepped into express concern over ICOs
    – ICOs have so far raised $1.2 billion in 2017
    – ICOs preying on lack of understanding from investors
    – Physical gold not vulnerable to technological risk
    – Beauty and safety in simplicity of gold and silver
    ***
    Editor: Mark O’Byrne
    Forks and ICOs solves bitcoin v gold debate
    There is still a huge amount of noise in the bitcoin and cryptocurrency space but there have been a few developments of late which have pushed the space further into maturity.
    From what I can tell from dinner party conversations people who are vaguely aware of bitcoin now know that there are two terms they need to throw into the chat in order to sound like they know what they are talking about. These two terms are ICO and Fork.
    Price is also a major talking point at present. As ever the price of bitcoin remains volatile and headline-worthy.

    This post was published at Gold Core on July 31, 2017.


  • How Bad Is Venezuelan Inflation? It Is Giving Bitcoin A Run For Its Crypto-money

    This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.
    Just how bad is inflation in Venezuela? A computer game with infinitely spawning enemies has a better exchange rate than the Venezuelan Bolivar.
    Venezuela has a staggering inflation rate. Thanks to Venezuela’s horrid fiscal and monetary policies. there are 8,493.97 Bolivars per US Dollar in the black market.

    This post was published at Wall Street Examiner by Anthony B Sanders ‘ July 29, 2017.