Category: BitCoin

Ron Paul Special Market Update — Bull Market Coming For Gold?

Bull Market Coming For Gold? – Ron Paul

 
On August 15, 1971 President Richard Nixon de-pegged the US dollar from gold which resulted in a chaotic decade. The gold bull market started at the same time and ended in 1979, going from around $75 all the way up to $800. Then at the turn of the decade, it dropped back down to around $270. The gold bull market started back up at the turn of the century where it rose to $1800 and has dropped back down since 2012 to the current price floor of about $1300.

The fundamentals indicate that gold is holding steady and could be ready for another bull market, which if history is any indicator, should rise far beyond its previous highs of $1800. With the fact the US government has manipulated markets, the economy, and the monetary policy in the last 10 years with banker bailouts, stimulus, and zero % interest rates, precious metals are ready to go skyward.

Ron Paul still seems to think gold is a good investment, and so do we.

Crypto currency showing investor sentiment?

 
Inflation is being seen in the fact that the price of school tuition has gone up exponentially in the last 15 years. Cryptocurrency is also another bellweather of the fact that money is seeking better ground in the midst of historic low volatility in the stock market and drops in the housing market.

The US dollar is on a downward slope which means that since gold is priced in dollars, it is being watched closely for a breakout on the monthly charts before historic investors pour back into their metals positions. This means that a gold bull market could be just around the corner.

With the record high people not participating in the economy and not even being counted as unemployed by official government figures, there remains a large amount of Americans who have themselves been priced out of participating in the economy, which could be another indicator for a downturn in stocks and the overall equities market.

This is why it’s such a great opportunity to invest or rollover to a Gold IRA to capitalize on this materializing gold bull market, especially since the ultimate gold bug himself, Ron Paul, is anticipating this could be the beginning of the next cycle upwards for gold.

401(k) and ira to gold rollover

This Amazing Chart Shows Bitcoin Investors Diversifying Into Gold & Silver – Mike Maloney

This Amazing Chart Shows Bitcoin Investors Diversifying Into Gold & Silver – Mike Maloney

 
In the last few months lots of Bitcoin and cryptocurrency has been flowing into gold. Crypto investors realize by and large that the crypto market is extremely volatile, however there is a solid undervalued market floor/bottom for precious metals, thus making gold and silver a great investment forking opportunity for people holding Bitcoin.

I’ve said in previous posts that Bitcoin investors would do well to take some profit and put it in gold. And now we’re seeing just that. With the markets overvalued along with the housing market and recent drops in the bond market, cryptocurrency along with gold and silver are primed to launch.

Best ways to invest in gold and silver

 
I myself hold cryptocurrency and precious metals because I strongly believe a weak US dollar, stock market highs and a housing market that’s seeing less customers every month going into 2018 creates the perfect environment for the crypto market which has a very low market cap and precious metals which have hovered at their relative lows for several years to explode to the moon.

Most people may not want to hold 10 pounds of silver or gold at their house, and that’s understandable. Still, people with ETFs and IRAs or 401Ks are going to want to consider taking a partial rollover to Gold IRA to receive the tax benefits as well as storage by a custodian until they choose to take delivery of the physical metals themselves.

One thing’s for sure, 2018 is shaping up to be one heck of a year for Bitcoin and Gold, regardless of which one you hold.

401(k) and ira to gold rollover

Rob Kirby – Bankers Will Send Gold and Silver Prices to the Moon

Rob Kirby – Bankers Will Send Gold and Silver Prices to the Moon

 
If they stop pushing the price of gold down in the markets with paper shares, the elites fear the rise in the price of gold would lead to mania and a loss of confidence in the current fiat monetary system, according to Rob Kirby in a recent interview with Greg Hunter. The Federal Reserve and the central bankers have been dumping paper contracts for gold with the London Gold Fix and on the COMEX to artificially suppress the price of gold and silver, but their ammunition is getting less effective by the day.

“They have lost the power to smear the market the way they used to” says Kirby, largely due to the fact that entities around the world like in Asia are buying up physical gold at an insatiable rate. The end-game of this is that the Western world will not be able to fix the price of gold and silver to an imaginary number to maintain the teflon appearance of the US dollar intact.

The appetite for physical metal in the East is enormous, and it’s not going down any time soon. The demand for gold in the US/Canada is very small compared to Asia, where it’s difficult to acquire tons of gold and silver. But times are changing, and the reason why is because the entire world is getting fed up with the “Fed” itself.

We’re going to experience precious metal being put on the blockchain

 
Monetary elites will see that “crypto-ized metals” will finally present a force that can defeat the manipulation in the Western based fiat monetary and banking system, bringing much-needed reality to the entire physical metals market. Most gold and silver metals investors and traders are already privy to the fact that a large amount of underhanded chicanery.

The US has also been relying upon the fact that oil must be purchased in US dollars, but with China creating the petro-yuan set to release in March of 2018, the US dollar’s days of freeloading off the backs of the rest of the world’s economies could be coming to an end.

Right now, no one can really redeem shares of SLV and GLD except for the bullion banks like JP Morgan and Goldman Sachs, in theory, and the process is shrouded in mystery. It’s ambiguous for a reason according to Kirby, and I think readers of our blog can see why. This is why putting precious metals on the blockchain stands to eliminate the selling of paper shares for metals that may not even exist, or selling the same piece of gold on paper 100 times.

This is why instead of investing in Gold ETFs on the stock market, putting your money into a gold backed IRA is the best option for holding significant amounts of gold and silver without having to store it all in your woodshed behind your house, though the option for taking physical delivery is there should you choose to hold it yourself.

$21 Trillion USD Unaccounted for by the US Government

 
More than an entire year’s worth of US GDP is missing from only 2 government departments. Dark money that is not accounted for is thought to exist in the government’s coffers for manipulating and propping up the current status quo like the US stock market, bond market, housing market, as well as cover military actions abroad.

Kirby and Greg Hunter both speculate that large amounts of dark money distort the true figure on the amount of circulating US dollars in the world, and they say the elites do this for a reason using offshore banks and foreign entities. This could explain how the bond market is getting rescued on a daily basis in the markets, which is evident on the charts and technical tracking indicators.

401(k) and ira to gold rollover