Deep State And Financial Powers Worry About Alternative Currencies

By Mike Gleason – Re-Blogged From Silver Phoenix

As markets continue to gyrate on global trade and tariff threats, precious metals are struggling to capture investor interest.

Lately, the big push in alternative assets has been in Bitcoin. The cryptocurrency has doubled in price over the past two months, though it remains well below its old high.

The full implications of new U.S. tariffs and retaliatory tariffs by China have yet to be reflected in markets. The media has reported on how tariffs could help or hurt particular industries. American farmers, for example, are worried they will suffer most from Chinese retaliation.

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Why Central Banks Could Mint Their Own Digital Currency

Re-Blogged From Stratfor

Highlights

  • Only 8 percent of global financial transactions today involve cash, but that figure will diminish even further as digital currencies gain prominence.
  • Faced with the growth of cryptocurrencies such as bitcoin, central banks around the world will continue their research into introducing their own digital currencies.
  • By entering the market for cryptocurrencies, central banks could pose a profound threat to the commercial banking business model.

A worker passes a bitcoin mining operation in Quebec in March 2018.

(LARS HAGBERG/AFP/Getty Images)

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The Skyrocket Phase

By Keith Weiner – Re-Blogged From http://www.Gold-Eagle.com

Let’s tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why, and if/when the price will go back to what it ought to be ($1,000,000 we are told).

As an aside, in what other market is there a sense of entitlement of what the price ought to be, and a sense of anger at the only conceivable cause for why the price is not what it ought?

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The End Of The Silver Manipulation

By Chris Marcus – Re-Blogged From Miles-Franklin

During a recent interview, First Majestic Silver CEO Keith Neumeyer shared some interesting comments about the silver market. In particular he spoke about a development that could lead to the end of the ongoing manipulation.

For those not familiar, Neumeyer is one of, if not the only mining CEO to speak publicly about the manipulation that has left silver prices suppressed. His interviews always offer insightful commentary, and this latest one covered what could be a game changing event for the price of silver.

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Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake

By John Rubino – Re-Blogged From Dollar Collapse

The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big new source of physical demand. Third, the huge number of gold-related initial coin offerings (ICOs) in this largely unregulated pipeline will require buyers to learn how to tell the legitimate offerings from the scams.

Two probably-legitimate examples:

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Equities Within A (HYPER) Inflationary Spiral

By Michael Ballanger – Re-Blogged From http://www.Silver-Phoenix500.com

Before I launch into one of my classic, bitter, vitriolic diatribes against all forms of modern-day interventionalist-type, fraudulent excuses for what use to be “free markets,” have a gander at the chart below. Pay particular attention to the smiles on all of those beaming faces. . .

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This Concept Called ‘VALUE’!

By Don Swenson – Re-Blogged From Kingdomecon

The Millennial generation (those in the 19-34 age bracket) desire to change our monetary system so that a decentralized system emerges. Cryptocurrencies are their attempt for inventing this decentralized marketplace. I fully agree with the general ‘intentions’ of these millennials. But do these folks understand what they are proposing? I, personally, don’t think so. What we need to understand is this inner concept called ‘Value’ and why this concept is key to all money proxies. Let’s think on this concept for a few minutes!

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