Saturday, December 30, 2017

The Crypto Currency Revolution Doesn't End With Bitcoin

Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. 

In 2008 a new technology was introduced that is so important that its destiny, and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity. But if allowed to remain free and flourish - it could foster unimaginable levels of peace and prosperity. 

It has the power to replace all financial systems globally, to supplant ninety percent of Wall St, and to provide some functions of government. It has no agenda. It's always fair and impartial. It can not be manipulated, subverted, corrupted or cheated. And - it inverts the power structure and places control of one's destiny in the hands of the individual. 

In the future, when we look back at the 2.6 million-year timeline of human development and the major turning points that led to modern civilization - the creation of farming, the domestication of animals, the invention of the wheel, the harnessing of electricity and the splitting of the atom - the sixty year development of computers, the internet and this new technology will be looked upon as a single event... a turning point that will change the course of human history. 

It's called Full Consensus Distibuted Ledger Technology, and so far its major use has been for cryptocurrencies such as Bitcoin....but its potential goes far, far beyond that.

- Source Gold Silver

Tuesday, December 26, 2017

Bitcoin to Hashgraph: The Crypto Revolution

Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. In 2008 a new technology was introduced that is so important that its destiny and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity.

But if allowed to remain free and flourish - it could foster unimaginable levels of peace and prosperity. It has the potential to replace many functions of Wall Street and even of government, as a tool to empower individuals.

- Source, Gold Silver

Friday, December 22, 2017

Mike Maloney's New Crypto Documentary and MASSIVE Silver Purchase

Mike Maloney recorded an Insider Alert over the weekend - watch this delayed public release to learn which indicators have prompted him to make an investment move today. You'll also get some exciting news on a new cryptocurrency project...

- Source, Gold Silver

Monday, December 18, 2017

What Would Happen if the Government Attempted to Confiscate Your Gold?

When a grab is made for people’s savings, governments don’t bother to confiscate instruments like stocks and bonds and savings accounts—those can be wiped out by simply devaluing the currency. But when times are really tough, governments have “requested” citizens turn over their gold—the one asset they’ve historically been unable to control, since it’s not someone else’s liability.

When a gold confiscation happens, there unfortunately aren’t a lot of viable solutions. If your government declares it illegal to own a meaningful amount of bullion, you’d have little choice but to comply. Either that or play the role of a fugitive—with the prospects of financial penalties, forcible confiscation of your metal, and even jail time waiting for you.

Many investors believe gold won’t be confiscated today because it’s not part of the monetary system like it was during the U.S. nationalization in 1933, under Roosevelt. While it’s true we’re not on a gold standard today, if the crisis gets bad enough any and all viable solutions could be on the table. Debt in all developed countries is unpayable, for example, especially when you add in unfunded liabilities… where could the government get funds to service it all? One source could definitely be gold.

The sober reality is, while lower than in the past, the risk of a gold confiscation is not zero. The world today can be an uncertain place, and what were once “local” issues can rapidly escalate and have global consequences. This does not mean, however, that we are suggesting a gold confiscation is imminent or even probable; simply that it could happen if one or a series of events having significant worldwide implications occurs. Without official gold-backing on most major currencies today, the specific motivation to “confiscate” gold that existed during many previous confiscations barely exists today. But as you’ll see, even that hasn’t stopped modern government’s without a gold standard from doing the same, ostensibly as a form of currency controls to slow down market-driven devaluation.

- Source, Gold Silver

Thursday, December 14, 2017

The Brutes, Bullies, and Dictators in Relation to Gold

It won’t surprise you that in nations ruled by an oppressive regime, gold was a natural target to grab funds for the government…

Italy’s Gold “Donation”

Benito Mussolini—Italy’s prime minister turned dictator—tried to fight a nasty recession by introducing the “Gold for the Fatherland” initiative in 1935. He “encouraged” the public to “voluntarily donate” their gold rings, necklaces, and other forms of gold to the government. In exchange, citizens received a steel wristband that bore the proud words, translated, “Gold for the Fatherland.” It’s said that even his wife Rachele donated her own wedding ring in a show of solidarity.

The gold was melted down and made into bars, then distributed to the country’s banks. The government netted 35 tonnes (1.23 million ounces) from citizen “donations.”

Germany’s Confiscation of Czech Gold

Hitler’s Nazi party pulled a tricky scheme in 1939… after the invasion of Czechoslovakia the year before, the Bank of International Settlements, chaired by Bank of England director Otto Niemeyer—a German no less—instructed the Bank of England to transfer £5.6 million of gold from the Czech national bank to the Reichsbank.

Even though the gold belonged to Czechoslovakian government, and even though English authorities had been warned of the possible transfer, it went through without a hitch. To mask the theft, Germany’s central bank understated its official reserves later that year.

Saddam and Fidel

The madman of Iraq and the communist oppressor of Cuba both confiscated gold, art, jewelry, etc. These brutal dictators took whatever they wanted, at the point of a sword or gun.

As you might surmise, citizens were not compensated when their holdings were seized—unless you count remaining alive as compensation.


Based on interviews I’ve conducted with two large gold bullion dealers in Russia, the old Soviet Union has historically viewed gold and silver as a matter of national security. Therefore, private ownership in any form—except jewelry and numismatic coins—was strictly forbidden. People went to jail for owning a gold bar.

And in spite of the Russian central bank being one of the biggest buyers of gold since 2008, those old laws are still on the books. It is illegal to buy or sell bullion bars except at a bank that has a precious metals license (and very few have them)… it is a criminal offense to buy or sell a gold bar from a friend or relative… transporting bars has strict rules and can send you to prison if you break them… it is illegal to take bullion bars out of the country… buying and selling foreign-made bars is also illegal.

These laws are not as strictly enforced today, but they remain on the books and thus could be easily activated again. You can buy gold coins, but they’re not abundant and are in poor quality.

The reality is that in a crisis, we could potentially face a lethal combination: a desperate government, with your assets ready for the taking.

The point to all this isn’t to predict that there will be a gold confiscation. The idea is be aware of the risks and to have a viable plan in place to combat one if it occurs.

But is there really such a strategy?

On the surface it would seem that short of renouncing your citizenship and moving out of the country, there are precious few options to protect against such a draconian act.

But there are a couple strategies that have historically been effective in combating a gold confiscation…

- Source, Mike Maloney

Saturday, December 9, 2017

The Solutions to the Gold Confiscation Risk

There’s lots of speculation floating around the Web about what one might do if gold was confiscated again. Unfortunately, the majority of the most common solutions don’t hold up to much scrutiny.

Some investors assumesilver would be exempt. That’s usually because past confiscations mainly focused on gold, since silver wasn’t part of the monetary system. However, what many investors don’t know is that a year after the 1933 confiscation order, President Roosevelt signed Executive Order 6814 that “required the delivery of all silver to the United States for coinage.”

Many dealers claimnumismatic coins would be excluded, since there was an exception made for rare coin collectors in 1933. But as history will show, during past confiscations the onus was on the investor to prove they were a coin collector and not a bullion buyer. Unless you owned a substantial amount of rare coins, you were automatically deemed a bullion owner, not a collector.

The uncomfortable truth is, no one knows exactly what form a confiscation could take, or how new laws might be enforced. And that’s part of the problem. As Mike Maloney said well in his best-selling book, Guide to Investing in Gold and Silver:

“Confiscation all comes down to this: the government makes the rules, changes the rules, and enforces the rules. Though it lacks the moral right, it can create legal authority. Though it lacks the constitutional empowerment, it can turn a blind eye to the Constitution… The Constitution did not stop the government from taking people’s gold in 1933.”

Political leaders can and will do whatever they deem necessary at the time. In any way they see fit. For as long as they think it’s needed.

When the gold investor considers the number of ways a confiscation could take place, how long it could last, how easily the government could change the rules and how deeply it could reach—all against the backdrop of an economic or monetary crisis—it underscores the need to put a viable strategy in place.

What’s really viable is a lesson best learned by the mistakes and successes of the past…

Tuesday, December 5, 2017

The Most Dangerous Event In Bitcoin and Cryptocurrencies

Mike Maloney explores the events and evidence leading up to what he believes will be the most dangerous event the world will see in the coming years - the potential for governments to enforce their own centralized digital currencies.

- Source, Gold Silver

Monday, December 4, 2017

Mike Maloney: Bitcoin, Bail Ins & Bullion

If you wait for the next crisis before taking action - it will be too late. In this video, Mike Maloney gives evidence of the looming disasters in Italy, China, and Australia - which of these fuses will ignite the next financial crisis?

- Source, Gold Silver

Friday, December 1, 2017

These Headlines Say Gold is Building a Base for Something Big

It may be frustrating to watch the gold price remain dormant as stock markets continue to push higher. But while cryptos and Trump grab a lot of the headlines, you might be surprised to know there are significant forces behind the scenes that signal the gold market is not only strong but suggest something big is coming.

Check out these reports from the last 30 days and see what conclusion you’d draw…

Global Physical Demand

Demand for coins and bars in North America may be low, but that’s not the whole market. Check out what occurred around the world last quarter…

Chinese coin and bar demand hit the second highest volume on record. In the third quarter, demand for physical metal rose an incredible 57% over the same period last year.

Gold bar and coin purchases in Turkey are almost three times higher than last year.

Bar and coin demand in Europe rose 36% vs. 2016. German demand surged 45%.

South Korea demand jumped 42%. It’s admittedly a small market, but this shows once again that investors turn to gold when geopolitical tensions rise.

It’s clear that demand for physical metal is surging in many areas around the globe.

Central Bank Demand

Global central banks added 111 tonnes to their gold reserves last quarter, 25% more than the same period in 2016…

The Central Bank of Russia bought 63 tonnes, pushing their gold reserves to 1,778.9 tonnes. I like this quote from Russian newspaper Kommersant: “If US sanctions are expanded to block Russia’s assets invested in US Treasuries, gold will be a magic wand." The trend is expected to continue, says Alexander Losev of Sputnik Asset Management: “The regulator will continue to amass gold in its reserves, decreasing the share of US Treasuries.”

The Central Bank of Turkey has gone bonkers for gold, its reserves now more than 50 tonnes higher than April 2016. Here’s what Turkey’s gold imports look like so far, from our friend Nick Laird of

You can see that a new record will almost certainly be set by the end of the year.

Other central banks increased their gold reserves last quarter, too…
Kazakhstan purchased 10.3 tonnes last quarter, and has increased its gold reserves every month for the last five years.

Qatar bought 3.1 tonnes

Kyrgyz Republic added 1.3 tonnes

Indonesia bought 1.2 tonnes

Mongolia added 0.4 tonnes

While these increases are small in the big picture, it demonstrates that central bankers in emerging markets continue to see the need to add gold to their reserves.

Why are so many central bankers buying so much gold? They clearly see the need to denominate their reserves in physical metal.

Technology Demand Grows

Technology demand for gold rose 2% over the same period of 2016, reports the World Gold Council in its Q3 report:
Gold used in wireless applications grew 8% over last year.

Demand for 3D sensors, used in facial recognition, were higher than projected.

Applications in gaming, vehicles, and healthcare are projected to see growing demand.

Government Expansions and Institutional Interest

Kuwait Plans to Build a $112.5 Billion 'Gold City.' The Ministry of Commerce and Industry asked Kuwait Municipality to allocate a plot to build a special “gold and jewelry city” over a 100,000 square meter area, which would make it the largest of its kind in the region.

The new “Gold Connect” exchange links the gold markets of Hong Kong and Shenzhen, and on the first day over nine hundred kilos of gold traded, worth 300 billion yuan, or $38.45 billion in US dollars. That’s not exactly chump change.

Hedge funds and money managers cut their long positions the past couple months, but their net positions are still higher than the start of the year.

According to Zero Hedge, Ray Dalio went on a gold buying spree last quarter: he increased his GLD holdings by a whopping 575% and became the 8th largest holder.

New Gold Supply Is About to Start a Long-Term Decline

As we’ve been reporting, new gold supply is destined to decline. Here’s BMO Capital Market’s prediction:

If they’re right, new gold supply will fall by almost one-third by 2025. There’s no way that doesn’t have an enormous impact on the market and prices. Read our original article to see how you could be impacted.

“The low-hanging fruit has likely already been picked” says Frank Holmes of US Global Investors. Explorers have to dig deeper… they have to venture further into more extreme environments to find economically viable deposits… regulations are tougher… production costs are higher… and no new method has been invented to extract gold from hard-to-reach areas.

Pierre Lassonde, chairman of Franco-Nevada, says gold mining production will decline significantly. “If you look back to the 70s, 80s and 90s, in every of those decades the industry found at least one 50+ million ounce gold deposit, at least ten 30+ million ounce deposits and countless 5 to 10 million ounce deposits. But if you look at the last 15 years, we found no 50 million ounce deposit, no 30 million ounce deposit and only very few 15 million ounce deposits. So where are those great big deposits we found in the past? How are they going to be replaced? We don’t know. We do not have those ore bodies in sight.”

- Source, Jeff Clark of Mike Maloney's Gold Silver