Search Results for: precious metals

Silver: once and future money

Silver bar money 9999

Before the Renaissance, world money existed as precious metal coins or bullion. Caesars and kings hoarded gold and silver, dispensed it to their troops, fought over it, and stole it from each other. Land has been another form of wealth since antiquity. Still, land is not money because, unlike gold …

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Why are the world’s wealthiest people buying gold?

George Soros gold elite world's wealthiest people

By Filip Karinja Seen as a wealth preservation asset during hard economic times and used as a monetary metal for thousands of years, gold is once again on the radar for the world’s elite. Gold is seen as a low risk safety asset and investors tend to shift their portfolio …

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Bitcoin Takes a Major Hit: Alternatives to Invest In for 2017

Bitcoin crash chart major hit

In the past few weeks, the most popular cryptocurrency Bitcoin has been breaking records. This rally has been followed by millions of investors around the world. On May 24th, Bitcoin hit a record high of $2.791.69.  But this rally was over with just a few days later.  On the 29th, …

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Stock market expert: world’s biggest economic collapse is coming

Greg Mannarino Hang The Bankers interview economy stock market collapse financial crisis

Greg Mannarino sits down with Filip Karinja to discuss a wide range of topics including the global economy, US economy, central banks, the federal reserve, interest rates, politics, money, precious metals, gold, silver, what the elite are doing and much more… Gregory Mannarino is a stock market analyst, equity strategist, …

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Billionaire George Soros dumps US stocks, buys gold

George Soros stocks gold

Billionaire George Soros has cut investment in US stocks by one-third and acquired a $264 million stake in the world’s biggest bullion producer, Barrick Gold, Bloomberg reports, quoting the investor’s fund data. Overall, in the first quarter of 2016 the value of publicly disclosed holdings of Soros Fund Management fell by 37 …

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Germany to repatriate gold from US and France

Gold bars 9999

Germany’s Bundesbank plans to store half the national gold reserves in its own vaults by 2020. It will mean the return of 700 tons of the precious metal from the US and France This year the Bundesbank got back about 37 tons of gold from the US and France. The …

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Dollar to collapse, gold will “go to infinity” – Ron Paul

Gold infinity dollar collapse

Former congressman says that precious metals will literally become priceless. Appearing on CNBC yesterday, former Congressman Ron Paul warned that if the US continues on its current course, the dollar will collapse, and gold will literally be priceless. “Eventually, if we’re not carefully, it will go to infinity, because the …

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15 reasons Gold & Silver are now heading higher

Gold, silver, platinum and palladium have all recently moved up in price, with platinum, silver and gold leading the complex. Below are 15 reasons why. Gold is teasing the $1700 psychological resistance marker, whilst silver has broken out above $30, and will now begin targeting the many resistance points in …

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Bitcoin and Gold’s First Kiss

The performance of Bitcoin in the last few years has made the once easily-dismissed digital currency a serious contender in the financial markets, even for those who don’t understand the basis for its value. While the concept may still be difficult to grasp (the cryptocurrency is notoriously difficult to explain …

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Ditching the dollar: Russia, China to create new gold market

Gold bars China Russia

While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. William Engdahl underscores. Key central banks, particularly the Federal Reserve and …

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Former IMF head and bond king both recommend gold over stocks and bonds

Bill Gross Pimco bond king

From Filip Karinja, for Birch Gold Group Kenneth Rogoff, former chief economist for the International Monetary Fund (IMF), Kenneth Rogoff, recently penned a piece in which he recommended that emerging markets diversify their foreign exchange holdings away from the bonds of developed countries and into gold. One of Rogoff’s main reasons for the …

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Federal Reserve is leading economy into the next recession

Federal Reserve economy recession

From Filip Karinja, for Birch Gold Group This week, former Ronald Reagan administration aide and 20-year Wall Street veteran David Stockman has come out and fired shots at the Federal Reserve. The former insider had some very interesting things to say about the U.S. central bank and the state of the …

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Big name retail stores continue to close down

Retail stores closing

From Filip Karinja, for Birch Gold Group The hottest trend in retail right now is store closures – lots of them! This trend was brewing last year and seems to show no signs of stopping in 2016. Some of America’s biggest retailers are shrinking their footprint as consumers are choosing to use what’s left …

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Mining company to pay dividends in physical gold

dividends gold Resolute mining

By Filip Karinja In a world first, shareholders of ASX listed Resolute Mining (ASX:RSG) can receive dividend payments in the form of gold bullion. The gold miner announced it would resume dividend payments for the 2016 financial year at $0.017 per share under the new gold sales-linked dividend policy. The dividend payments …

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European nations look to bring their gold reserves home

Gold bars

The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany. An unmatched pace of money printing by major central …

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Bitcoin is now officially more valuable than gold

Bitcoin gold

The price of bitcoin rallied to all-time highs on Friday, climbing above the price of one ounce of gold for the first time. The cryptocurrency was trading at $1,294, while a troy ounce of gold stood at $1,234. Bitcoin’s rally was attributed to high demand in China despite the country’s central …

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