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Physical silver is the stake in the hearts of the financial vampires. Physical silver is the bullet that slays the Wall Street werewolves

Today 4 news :


  • Cryptocurrencies and avoiding the “poof moment”…, par Joash, 19 September 2017

    Tuesday 19 September 2017 :: Silver For The People - The Blog » bitcoin :: RSS
    milesfranklin.com / by Bill Holter / Sep 19, 2017
    I am writing this at the behest of David Schectman for Miles Franklin readers as he wanted my opinion on cryptocurrencies.  Let’s start by saying I have no doubt within only a short time, “crypto currencies” will be issued and embraced by central banks.  This is not to say I am endorsing Bitcoin, Ethereum or any other digital currency.  It is even possible that not a single existing crypto will exist when central banks finally make their leap.
    Issuing and embracing cryptos make total sense from the standpoint of central banks for several reasons.  First, what crypto bulls consider as “privacy” today, central banks will see as “total knowledge” if they are the issuer.  This will mean total knowledge of all transactions which also means a near impossibility of any tax evasion even down to the lemonade stand (assuming you have your lemonade permit!).  Also, if central banks issue the crypto currency …you can pretty well bet they will also have a back door …that allows them to either freeze or even empty “your vault” of digital coins …whenever or for whatever they choose.
    Whether we are headed toward a one world currency or several currency blocks (this is more likely), digital money is coming if the central banks have anything to say about it.  As I mentioned above, I highly doubt central banks will want “competition” to their currencies so some sort of legislation (either by individual sovereigns or collectively on a global basis) can be expected as an attack on existing “private” cryptos.  In my mind, there does exist the possibility that an existing currency (or a very small handful of current cryptos) is used as the “platform” for central banks but I would not place my hope on this.  I also would not want to bet “which one” or ones will be chosen if this is the case?
    In my opinion, the volatility of digital currencies while wicked and speculative (upward so far?) is not the real danger, and the ride is not for the faint of heart.  The real dangers are several and basically involve a “poof” moment that does not exist with gold or silver.  When I say “poof”, I am talking about “poof, it’s gone!”.  Do not say this is impossible because it is not.
    READ MORE
    The post Cryptocurrencies and avoiding the “poof moment”… appeared first on Silver For The People. Read more Joash
  • IS THIS THE END OF BITCOIN? | Jeff Berwick, par Cheery, 19 September 2017

    Tuesday 19 September 2017 :: Silver For The People - The Blog » bitcoin :: RSS

    SilverDoctors, Published on Sep 19, 2017
    The post IS THIS THE END OF BITCOIN? | Jeff Berwick appeared first on Silver For The People. Read more Cheery
  • Bitcoin Prices Today Climb Back Above $4,000, but China Woes Linger, par Lodz, 19 September 2017

    Tuesday 19 September 2017 :: Silver For The People - The Blog » bitcoin :: RSS
    wallstreetexaminer.com / by Garrett Baldwin / 
    Bitcoin prices today shook off last week’s sharp downturn, and prices have rallied more than $1,000 since hitting a near-term low fueled by concerns over China’s latest regulatory decisions.
    However, some investors are still worried about a major crackdown on Bitcoin. It’s getting so bad that the Blockchain Global Summit, an event hosted by trading firm BitKan, has been relocated from Beijing to Hong Kong.
    Below is a recap of the top cryptocurrency prices at 10:30 a.m. EDT.
    • Bitcoin: $4,017.81, +12.55%
    • Ethereum: $289.19, +16.69%
    • Ripple: $0.18, +5.56%
    • Bitcoin Cash: $469.14, +12.11%
    • Litecoin: $53.67, +10.54%

    Now that we know all of today’s price movements, here’s what has been moving these cryptocurrencies…
    READ MORE
    The post Bitcoin Prices Today Climb Back Above $4,000, but China Woes Linger appeared first on Silver For The People. Read more Lodz