Hypocrisy Most Foul. . .

By Michael Ballanger – Re-Blogged From http://www.Gold-Eagle.com

As you all know by now, I have absolutely zero knowledge of anything related to the “blockchain” technology, which translates into “I don’t own Bitcoin and would not touch HIVE Blockchain Technologies Ltd. (HIVE:TSX.V; PRELF:OTC) with a barge pole.” That also means that I am constantly being reminded, primarily by those considerably younger than me, that geriatric anchoring is costing me (and my readers) a great deal of money by avoiding the space which, as you can see from the chart below, has been absolutely true.

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Stocks vs Gold

By Jeff Clark – Re-Blogged From http://www.Gold-Eagle.com

I gave a presentation to some corporate board members recently, and they had one primary question on their mind. Why is overall gold demand weak?

These are smart people. They’re successful, both professionally and with their investments. They even believe in owning a little gold. But they’ve been puzzled by the significant drop in demand for physical metal. They had some ideas, which were mostly right, but their main concern was if they were overlooking some critical factor that was making other investors ignore gold.

What was especially interesting was their reaction. Once they grasped the reasons why physical demand has been down, they instinctively concluded that they needed to buy more of it. Now.

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Trojan Horse Before Wall Street

By IM Vronsky – Re-Blogged From http://www.Gold-Eagle.com

The generally accepted definition of TROJAN HORSE (*) is a person or thing intended secretly to undermine or bring about the downfall of an enemy or opponent. In today’s world, the THE Trojan Horse is Bitcoin – manned by ‘geeks’ using the unbridled greed addiction to attract naïve, innocent and ignorant investors of Troy (i.e. Wall Street).

However, many worldwide recognized monetary mavens, pundits, gurus and experts have emerged to inform and alert the investing world to the eventual dire consequences of the phony currency labeled Bitcoin. Here following are just a few sage well supported views condemning the Bitcoin scourge.

broken bitcoin

 

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Bitcoin: A Chapter In The History Of Mass Speculation

By Hugo Salinas Price – Re-Blogged From http://www.Silver-Phoenix500.com

Empire Strikes Back – At Bitcoin

By John Rubino – Re-Blogged From Dollar Collpse

One of the uncertainties with cryptocurrencies has always been how governments would react once bitcoin and its kin got big enough to actually threaten the monopolies of national fiat currencies.

That day seemed to be approaching as cryptocurrencies’ aggregate market cap blew through $100 billion and the pipeline of new bitcoin wannabes (initial coin offerings, or ICOs) swelled into the hundreds. Even – in a classic sign of a bubble top — Paris Hilton got involved:

Hotel Heiress Paris Hilton Is the Latest Celebrity to Promote an ICO

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Bitcoin Plummets 20% As Mobius And Chinese Regulators Warn

By Mark O’Byrne – Re-Blogged From http://www.Silver-Phoenix500.com

– Bitcoin falls 20% as Mobius and Chinese regulators warn

– “Cryptocurrencies are beginning to get out of control” – warns respected investor Mark Mobius – Mobius believes governments will begin to clamp down on cryptocurrencies sparking rush to gold – Yesterday China’s PBOC ruled Initial Coin Offerings (ICOs) are illegal and all related activity to halt – China is home to majority of bitcoin miners – Paris Hilton latest celebrity to support an ICO – Gold’s return of 16% YTD look ‘dull’ or ‘stable’? – Bitcoin fell 23%, now down 16% from $5,000 high

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Protect Your Wealth from Hackers

By Stephan Gleason – Re-Blogged From Money Metals Exchange

Could your wealth be hacked? It’s a threat most investors overlook. But they do so at their own peril.

If elections can be hacked, then so can bank and brokerage accounts, as well as any online platforms for digital currencies.

More than five months into Donald Trump’s presidency, the “Russia hacked the election” conspiracy theories still won’t go away. They’re expanding to also implicate Russian hackers for meddling in elections in France and elsewhere. The latest Russian hacking story centers on Qatar.

Hackers

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