GOLD, SILVER or BITCOIN-CRYPTO CURRENCIES: Where Will The Big Money Be Made?

GOLD, SILVER or BITCOIN-CRYPTO CURRENCIES: Where Will The Big Money Be Made?:

When the Central Banks finally lose control of propping up the markets, will the BIG MONEY be made in owning gold, silver or crypto-currencies?  This is the question many investors who are focused on “alternative assets”, outside the typical mainstream stock, bond and real estate markets, are asking.

H/t reader squodgy:

“Does anyone know at this stage?

It’s all guesswork.”

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BITCOIN vs. GOLD: Which is the better long-term strategy for securing assets? Sobering analysis will anger some…

FYI.

BITCOIN vs. GOLD: Which is the better long-term strategy for securing assets? Sobering analysis will anger some…:

Across the independent media, there’s a fierce debate raging between those who promote GOLD vs. others who are advocating BITCOIN. I’ve been a long-time gold advocate and Bitcoin advocate, although I recently warned that Bitcoin was overbought and headed for a massive correction. In less than 24 hours after that warning, Bitcoin began a plunge that took it down nearly 30%. It has since partially recovered to the $2500 range, and the debate rages on.

What’s interesting about this debate is that all of us who are pro-gold and pro-Bitcoin are anti central banking. We all understand the total currency collapse that’s coming for fiat currencies such as the dollar. We are all fully informed of the massive theft of purchasing power taking place every day due to the endless money printing of the central banks, and we all want to promote and pursue strategies for asset protection that minimize risk.

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Raoul Pal Slams Bitcoin: “It’s Not The Store of Value People Thought It Was”

Raoul Pal Slams Bitcoin: “It’s Not The Store of Value People Thought It Was”

Raoul Pal, one of the most effective critics of mainstream economics, is cashing in his Bitcoins. Gold is a better wealth preservation tool, he says.

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Deutsche Bank Admits Guilt In Fraud Conspiracy To Rig Precious Metals Markets

Deutsche Bank Admits Guilt In Fraud Conspiracy To Rig Precious Metals Markets:

After months of “smoking guns” and conspiracy theory dismissals, a Singapore-based Deutsche Bank trader (at the center of fraud allegations) finally confirmed (by admitting guilt) what many have suspected – the biggest banks in the world have conspired to rig precious metals markets.

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Gold

Reader squodgy:

“The “official” price of gold for the past 6 months has been held at roughly $1250/oz.

http://www.kitco.com/charts/techcharts_gold.html

We morons are told the London Bullion Market (Rothschilds) decide every working day at 0600 what to value it at, presumably based on supply & demand. (At least in THEORY)

So, why is it that if Joe BigMac wanted to buy a 1oz American Eagle Gold Coin, he would be forced to fork out at least an extra $500 or 40% above the official price.

http://www.ebay.com/sch/i.html?_odkw=1oz+gold+eagle&_dcat=253&Certification=Uncertified&_osacat=253&_from=R40&_trksid=p2045573.m570.l1313.TR0.TRC0.H0.X1oz+solid+gold+eagle.TRS0&_nkw=1oz+solid+gold+eagle&_sacat=253

The question is rhetorical, we all know the Comex & London are keeping the price down to hide the fact that the 100 year old Fractional Reserve Banking system, which removed itself from the Gold Standard in 1972, and has been used to create so much unfunded debt that benefits Banksters only, is unsustainable and MUST either reset or collapse.

We all know too that as those with a brain and digital savings set to evaporate, plus solvent Governments Worldwide, have been clamouring for Gold Bullion for at least 5 years, knowing the USD with no gold backing cannot survive.

The proof is in the OPEN MARKET PRICING, which looks to have jumped 40% in the last six months.”

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Sweden’s Gold Reserves: 10,000 gold bars (pet rocks) shrouded in Official Secrecy

Sweden’s central bank claims to hold 10,000 large gold bars but is unwilling to provide any details of these gold bars, citing official State Secrecy.


Sweden’s Gold Reserves: 10,000 gold bars (pet rocks) shrouded in Official Secrecy

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Central Banks Are Now Printing $200 Billion Per Month… Without a Crisis

FYI.


Central Banks Are Now Printing $200 Billion Per Month… Without a Crisis:

A tidal wave of inflation is rapidly moving through the financial system.

Most investors only pay attention to the Federal Reserve. And they are missing the BIG PICTURE for Central Bank monetary policy.

The Fed is tightening policy by hiking rates. But the rest of the world’s Central Banks are printing a combined $200 BILLION in QE every single month.

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The Father of the Euro: The Currency “Will Collapse”

The Father of the Euro: The Currency “Will Collapse”:

The Brexit was only the beginning.

Four months ago, Great Britain voted to leave the European Union (EU). The decision caught investors by surprise and triggered one of history’s most violent selloffs.

It erased more than $3 trillion from the global stock market in just two days. And the pound sterling, Britain’s currency, plunged 8% in one day. The pound is now trading at its lowest against the U.S. dollar in three decades.

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Gold Slammed For Second Day As ‘Someone’ Panic Dumps $3 Billion Notional Ahead Of London Fix

Gold Slammed For Second Day As ‘Someone’ Panic Dumps $3 Billion Notional Ahead Of London Fix:

Yesterday, ahead of the London Fix, Gold was monkeyhammered lower on yuuge volume, only to rip back higher. Today, having failed to keep the precious metal down, they went for it again with a $3 billion notional pummeling in futures…

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Turkey to Confiscate Gold in New Clever Way – To Help Citizens Earn Money

Turkey to Confiscate Gold in New Clever Way – To Help Citizens Earn Money:

The dwindling credit of Turkey and significant decline in its currency, has led to the new clever idea of confiscating gold with a smile.

The Turkish Central Bank has come up with an idea of how to confiscate private gold while pretending they are helping you earn more money. Their objective is to make the private gold stocks of the citizens available to the financial system for themselves, but how to sell that to the people?

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Gold Spikes To $1275, Above Key Technical Level – Highest Since Election

Gold Spikes To $1275, Above Key Technical Level – Highest Since Election:

With Trump threatening North Korea, Putin on the tape over Syria, China threatening ‘red lines’, and French poll data sparking panic across the pond, it seems safe-haven buying is suddenly de rigeur as Gold tops $1275 for the first time since the election, breaking above its 200-day moving average…

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Whistleblower Andrew Maguire Just Exposed How The Bank Of England Conspired To Rig The Gold & Silver Markets

Whistleblower Andrew Maguire Just Exposed How The Bank Of England Conspired To Rig The Gold & Silver Markets

H/t reader squodgy:

“Precious metals price rigging by Bank of England…..and who owns the Bank of England??? The English??? Not on your life! The Rothschilds.”

The BoE is also among those who financed Adolf Hitler.

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Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade

Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade:

The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.

According to the South China Morning Post the new office was part of agreements made between the two neighbours “to seek stronger economic ties” since the West brought in sanctions against Russia over the Ukraine crisis and the oil-price slump hit the Russian economy.

According to Dmitry Skobelkin, the deputy governor of the Central Bank of Russia, the opening of a Beijing representative office by the Central Bank of Russia was a “very timely” move to aid specific cooperation, including bond issuance, anti-money laundering and anti-terrorism measures between China and Russia.

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Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized

Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized:

Credit Suisse has confirmed that the Swiss bank, some of its employees and hundreds of account holders are the subjects of a major tax evasion probe launched in UK, France, Australia, Germany and the Netherlands, setting back Swiss attempts to clean up its image as a haven for tax evaders.

According to Bloomberg, Dutch investigators seized jewellery, paintings and even gold bars as part of a sweeping investigation into tax evasion and money laundering in the Netherlands. They added that the sums involved amounted to “many millions” of lost tax revenue.

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