— Covering digital currencies, precious metals and online payments
Part I looks at the motivation behind Voucher-Safe, the evolution of digital currency and how Voucher-Safe transactions work.
Part II examines the Voucher-Safe economy, trust, security and software.
This final part looks at Voucher-Safe’s interaction with Bitcoin, Issuers and OnionPay.
Read More about Voucher-Safe, a Next Generation Digital Currency – Part III
A brief history of gold confiscation that “might make gold investors sweat” in one infographic…
Read More about Mining.com: A History of Gold Confiscation the Infographic
In an excellent interview with FutureMoneyTrends.com, GATA’s Chris Powell and Bill Murphy answer common skeptic’s questions. Why don’t more gold miners support GATA? How do you explain similar trading patterns in other commodities? Why aren’t there more whistle blowers? etc.
“Owning physical gold is like having a put option on your government and the financial system. And when you don’t have confidence in these things, the paper price of a gold contract that trades in a government-regulated commodities exchange is… irrelevant.” An important reminder from the SovereignMan.
The price of gold has taken a hit in the last few weeks dipping down to the $1,500’s. If you own gold and silver as ‘a put option on the financial system’ this temporary dip is of little concern, what you own is real money. And this week Patrick Barron explained why it is the dollar and not gold that is overvalued.
The Bitcoin vs. gold debate frustrates me; these are incredibly valuable monetary tools, why should I limit myself to just one?
Both these currencies share many characteristics that make them great …limited supply, internationally accepted, non-political, etc. but they are however, very, very different creatures. As such, this argument isn’t entirely without merit, but what we’re arguing about are the pros and cons of ‘real’ vs. decentralized exchange mechanisms.
This would be a more appropriate description of the recent reports on the Treasury’s “gold audit”.
The ‘audit’ appears to have been mostly an accounting review. It largely covers reliability of financial reporting, and compliance with applicable laws and regulations and is titled “Audit of the Department of the Treasury’s Schedule of United States Gold Reserves Held by Federal Reserve Banks as of September 30, 2012”
Read More about The Treasury writes a report on its accounting practices
The Silver Doctors have posted an email from Jim Sinclair sent to his subscribers. In the email he compares the reports of Bundesbank’s repatriation of its gold holdings from the Fed to Charles De Gaulle ‘calling the hand’ of the US its obligation to convert French held dollars into gold.
“History will look back on this salvo fired across US war financing as being the beginning of the end of the US dollar as the reserve currency of choice.”
“Today’s report, if true, is a salvo fired at the concept that the USA has all the gold it claims and all the gold it stores for others. If true, this event is the most important gold development since Charles De Gaulle called the US hand that it would stand by convertibility which many then assumed it could not because even then the amount of gold held was publicly questioned.”
Read the email here.
The members and shareholders of The Sovereign Exchange will be in Vancouver on Saturday afternoon, January 19th, at 4:00 PM, for a private networking event with Chris Powell and Bill Murphy, Secretary and Chairman of The Gold Anti-Trust Action Committee, who will speak about their most recent efforts to influence transparency in the metal’s markets.
Read More about GATA Fundraiser and Sovereign Social Jan 19th in Vancouver
Part I looks at the motivation behind Voucher-Safe, the evolution of digital currency and how Voucher-Safe transactions work.
In this part we examine the Voucher-Safe economy, trust, security and software.
Read More about Voucher-Safe, a Next Generation Digital Currency – Part II
