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.
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.
I’ve been running this site now for almost 4 years, encouraging people to invest in gold and silver in order to prepare for an eventual stock market collapse/revaluation. Here’s the problem: the markets from currency to stocks, bonds to housing- are so controlled, manipulated and rigged by the Federal Reserve and the big mega banks in America and Europe, that the market crash may never happen.
What the Already Rich, Successful and Well-Connected (but not to BitCoin) Have to Say About BitCoin
Then, you have the price of Gold and Silver being fixed on a daily basis. This means that any chance of their price correcting to what we all as precious metals aficianados know deep in our hearts is the true and fair value of these shiny metals, is not currently materializing. Whenever the price of gold or silver starts to rise, mega banks dump contracts on the futures market for metals, i.e. selling large quantities as market orders (not limit orders), and driving down the price of the metals.
At the same time, when bonds in the bond market start to sell off on an almost daily basis, secret buyers are making massive purchases of bonds to prop up the artificial stock market, which by the way has record price to earnings ratios with no justification.
Keiser Report: Bitcoin Futures & Future of Cryptocurrencies
So as you can see, buying and holding some BitCoin or other of the various time-tested cryptos available has made some people very wealthy already. But this is still just the beginning of the crypto market. The NEED for something like this is being driven by the market itself. The world is sick of fiat currency manipulation, crony capitalism, and government socialism.
There is a real need for Bitcoin in the world. There’s only ever going to be 21 million BitCoins too. This means that there is a FINITE amount of BitCoin. Unlike the Federal Reserve and governments around the world, THEY CAN’T PRINT MORE BITCOIN. This is the real reason for the spike in price!
How Do You Even Start Investing in BitCoin?
It is incredibly easy. Easier than opening an online stock trading account in fact. I signed up on the largest and most popular crypto currency buying exchange. It’s actually the top app download on Apple iTunes, but I use their normal desktop computer version.
They are called CoinBase. And if you open an account and invest $100 or more, you and I will both receive $10 in BitCoin added to each of our accounts by using this signup link here.
Many people may be psychologically turned off buying BitCoin because they can’t afford to buy a whole BitCoin at its current price. I assure you, this will not stop you from making money, only being able to buy a partial BitCoin. It only matters what the price movement is, and if experts are even close to being correct, then BitCoin still has a long way to climb.
Because it’s finite! Because it’s a world need! Because it exists as an independent, non manipulated decentralize currency!
It’s also accepted as payment online just like PayPal, only better. Because people are avoiding high fees in moving money around now.
Do yourself a favor. Go invest $100, $500, or $1,000 in BitCoin today. Save your login credentials to CoinBase, and come back in 2 years. You can buy me a cigar.
Fixed income retirees, pensioners and social security benefit drawers may benefit from having some additional income in their golden years. For many, simply going out and getting a job is neither feasible or desirable. This is why pet sitting dogs for extra money from home becomes a potentially great option to make money after retirement.
Sitting dogs from home does not require a lot of skill or expertise. Mainly you just need to make sure the dog is fed and has water, and that they can’t escape! It’s also a great way to spice up your life and have some moderate excitement and adventure as a senior.
Here’s how to get started sitting dogs for money as a retiree:
How to Start a Dog Sitting or Walking Business From Home
*You don’t need an elaborate, detailed business plan to start.
*You mainly need to love dogs and be passionate with them.
*Have the right environment and ability to perform what you promise- i.e. have a yard for the dog if you’re dog sitting, or be able to go out on regular walks
*Make sure to post a few fliers around town with your phone number on them!
Start Getting Dog Sitting Business from Rover.com Immediately
*Rover.com does all the marketing, but they take a 15% to 20% cut of your income. They pay off a few days after the gig, making them much faster than most regular employers
*Rover.com may be difficult to get initial business if the Rover.com market for your area is over-saturated. This is why it’s often helpful to get additional, concise help on how to become a dog sitter from home.
*Rover.com can often penalize sitters forever for one bad dog sitting experience. They are rarely known to take their sitters’ sides in disputes, but there are exceptions. Sometimes, Rover.com even censors its customers reviews for the sake of their bottom line at the expense of the consumer!
*Rover.com often works against the local independent dog sitters in town by attempting to enact legislation to put them out of business. Talk about shady!
Germany’s central bank completed its plan to repatriate the country’s gold reserves from New York and Paris, three years ahead of schedule. Initially expected to take until 2020, the plan involved returning 374 tons of gold from Paris, and 300 tons from New York. But for Vince Lanci, editor for marketslant.com and the founder of Echobay Partners, the timelines do not add up.
“You are dealing with something heavy that has to be moved so it does take time, but you don’t need seven years to move that much gold,” explained Lanci. Frankfurt now holds just over half of Germany’s total 3,378 tons of gold reserves, with 36.6% left in New York and 12.8% in London.