All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge

RiskHedge/Olivier Garret/11-17-17 Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge. Here are six reasons why. #1: Cryptocurrencies Are More Similar to a Fiat Money System Than You Think. #2: Gold Has Always Had and Will Always Have an Accessible Liquid Market. #3: The

These Are Two Ways The ICO Bubble Can Pop And It Can Happen Quickly

Simon Black says that regulators are already sniffing around, and now these two things could pop the bubble rather quickly… by Simon Black via Sovereign Man In today’s podcast, I tackle the subject of Initial Coin Offerings (ICOs). Regular readers know I’m skeptical of cryptocurrencies. And I think many ICOs are outright frauds. We’ve seen

Tech Problems Bitcoin Fans Don’t Like To Hear (That We Explain In Plain English)

Here’s some simple questions Bitcoin fans don’t like hearing about the tech behind Bitcoin, as well as a bonus question… by Half Dollar Tech Questions Bitcoin Fans Can’t Answer (But WE DO And In Plain English) What happens when the ledger becomes so bloated that it can’t process the transactions fast enough? There is a

There’s Serious Risk Of Loss Of ‘Digital Gold’ As Internet Shutdowns Have Increased In 2017

And as sixty-seven percent of Americans are most worried about cyber crimes, physical gold is the ultimate protection. Here’s why… by Mark O’Byrne of GoldCore – Internet shutdowns (116 in two years) show physical gold is ultimate protection– Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns– Democratic India experienced 54 internet

San Fran Judge To Allow IRS To Investigate ALL Coinbase Bitcoin Traders Who Made A Profit

For a year, the IRS has been working to unmask all accounts at Coinbase, and now that the Bitcoin price has skyrocketed, the IRS is getting serious… from Zero Hedge The IRS Is Puzzled: Why Out Of 500,000 Coinbase Users, Only 900 Reported Gains Or Losses Almost exactly one year ago, the IRS realized that

Coding “Bug” Freezes $280,000,000 Worth Of Ethereum (Ether)

“Counterparty Risk” happens when it’s in someone else’s hands. Here’s the latest on the “accidental” triggering of the cryptocurrency software glitch… Severity: Critical Product affected: Parity Wallet (multi-sig wallets) Summary: A vulnerability in the Parity Wallet library contract of the standard multi-sig contract has been found. Affected users: Users with assets in a multi-sig wallet created in Parity Wallet

Reports Coming In That The Indian Government “May” Shut Down Cryptocurrency Dealers

Is this a ploy to rouse interest in the Indian government project code-named “Lakshmi”? Editor’s Note: The last time India did some extreme monetary policy, they did not announce any intentions prior. It was November 9th, 2016, after the 2016 U.S. Presidential Election, that Prime Minister Modi announced, without warning, that all $500 and $1000

Bitcoin Vs Gold: One Uses OVER 10 BARRELS OF OIL To Produce (The Other USES 10x LESS)

Steve St Angelo takes a deep dive into the energy required to produce Bitcoin and to produce gold. Here’s what he found… by Steve St Angelo of SRSrocco Report BITCOIN vs. GOLD: Which One’s A Bubble & How Much Energy Do They Really Consume If you are investing in either Bitcoin or Gold, it’s important

BREAKING: CME Group Announces Launch of Bitcoin Futures Contract

CHICAGO, Oct. 31, 2017 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, today announced it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods. The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the

Jim Rickards Says “I’ve Worked With The U.S. Military To Disrupt ISIS’ Use Of Cryptocurrency”

Kinds of lays that whole ‘decentralized, peer-to-peer’ claim to rest. Here’s Rickards’ latest analysis on Bitcoin… by Jim Rickards via Daily Reckoning I write and speak a lot on gold. In contrast — and this surprises some people — bitcoin is my least favorite topic. I’m made my views known many times. Still, interviewers love

Egon von Greyerz: A World Of Lies But Gold WILL Reveal The Truth

Egon von Greyerz says the dollar is dead, and while cryptocurrency has stolen the show in 2017, gold will vastly outperform Bitcoin. Here’s why… by Egon von Greyerz of Gold Switzerland The dollar is dead but the world doesn’t know it. It has been a slow death and the final stages will be very painful

James Altucher: Crypto IS A MAJOR BUBBLE Right Now But DON’T WORRY

He says the way to survive the ‘natural evolution of currency’ bubble is to buy crypto with ‘strong intrinsic value’. Wait till you read what he says about gold… by James Altucher via Daily Reckoning Yes, cryptocurrencies are in a major bubble. But don’t let that word scare you away. Crypto opportunities are NEVER going

Fund Manager Picks Apart The Goldman Sachs ‘Gold Is Better Than Bitcoin’ Article

Dave Kranzler asks if everybody is “all-in” on the cryptos, who will be there to buy when the selling starts? Dave shows how gold is better than Bitcoin…  by Dave Kranzler of Investment Research Dynamics Goldman Sachs Says Gold Is Better Than Bitcoin “Precious metals remain a relevant asset class in modern portfolios, despite their

Martin Armstrong: One World Currency Heats Up In 2018

Martin says that no doubt we are headed towards a new monetary system. Here’s why… by Martin Armstrong of Armstrong Economics QUESTION: Bitcoin + Cryptocurrencies Firstly, thank you – I’ve learned more from your blog and models that high-school would ever have hoped to teach me. And even after a year, I am a still

Crowdsurance Platform REGA Risk Sharing Raised $500K on Pre-Sale and Has Just Started the Crowdsale of RST

REGA Risk Sharing announces Risk Sharing Tokens (RST) crowdsale: began Oct 15th, 10 AM UTM and will go on until Nov 15th. REGA Risk Sharing is an alternative to conventional insurance. A decentralized blockchain-based crowdsurance platform, where people unite to accumulate private funds secured by Ethereum smart contracts to guarantee a compensation for an unexpected