Bitcoin hits $2,700, a 500 fold increase in five years and doubling in price since May 1st. Previous surges – in 2011 and 2013 – have been followed by dramatic crashes Significant premiums seen in Asia, over USD price Total cryptocurrency market cap reached over $90bn, last week Market remains small and volatile Comparisons between […]
Silver Bullion In Secret Bull Market by Sean Broderick of Uncommon Wisdom Daily Do you think silver is poised to go higher? I sure do. That’s because I’m watching what is going on in the world’s silver ETFs. I’m also watching the mountain of forces that are piling up to push the metal higher. Look at […]
PRESENTATION HIGHLIGHTS – Should I invest my fortune in gold? – Lessons from gold and silver: Reviewing the research – What precious metals can tell us about finance? – What are precious metals and why should we care? – What size of market and how evolved over time? – Long and detailed history of gold and […]
Gold and Silver Bullion Now Treated As Money In Arizona by Ron Paul Liberty Report staff Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of […]
The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets. Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a “terrorist incident”. Gold in GBP (24 hours) Asian stocks gave […]
James Rickards via Daily Reckoning But the most important development this week may be the one you never heard about on the news or the internet. On May 10, gold launched a decisive turnaround from its most recent decline. This kept intact the pattern I’ve been writing about for weeks of “higher highs, and higher […]
Gold and Silver Bullion Coins See Sales “Explosion” In UK On “Wave Of Political Turmoil” by Jan Harvey of Reuters In a warehouse a dozen miles to the northwest of Cardiff, the Royal Mint is running its machines through the night to keep up with demand for one of the big beneficiaries of the last […]
Gold Investment Is the Ultimate Guide for Tech Investors In 500 Words by Jan Skoyles, Editor Mark O’Byrne Tech is the umbrella word for all things fashionable to invest in right now. Take the recent flotation of Snap Inc. (parent company of teen and narcissists’ favourite app SnapChat), everyone wanted in on the $20 billion […]
Gold prices rose for a fifth day to a two week high in early European trading on increasing U.S. political risk pertaining to the Trump Presidency and the increasing risk of impeachment and a U.S. political civil war. Stocks and U.S. Treasury bond yields tumbled as investors moved cash into safe-haven gold amid a global market […]
Cyber wars are a bigger threat to humanity than nuclear weapons, the world’s richest and most famous investor Warren Buffett, presciently warned a few days ago. “I do think that’s the number one problem with mankind,” Warren Buffett warned during Berkshire Hathaway’s annual shareholder meeting on May 6th. “I’m very pessimistic on weapons of mass destruction generally […]