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In the silverseek forum, how not to mention a silver-backed cryptocoin?
Interesting remarks, among others, about how Lode could concur in further tightening the physical market


Mike Gleason:...

Of course it was a joke SHB!
You can relax with me!
I'm not valerb!
:D

SHB, this is a 3-guys-forum ... with massive infrastructure issues on top!
:D

Under the circumstances, I wouldn't...

POLISH CENTRAL BANK ADDS 125 TONS OF GOLD TO RESERVES

Polish central bank more than doubles gold reserves in a year.

https://smaulgld.com/polish-central-bank-adds-125-tons-of-gold-to-reserves/

Due Diligence on Gold-Backed Stablecoins

1. Can the cryptocurrency be converted into physical gold on demand? How easy is the process?

2. Does the company disclose how it stores the gold?

3....

SHB, admit it
you are just envious because my threads are getting more clicks than yours ;)

Kinesis engages Contis Group to launch UK and European debit card for its digital gold and silver currencies

London 4th June, 2019

Today, Kinesis Money announces the initiation of its UK and EU...

8 Reasons A Huge Gold-Mania Is About To Begin

No. 1: Basel III Moves Gold Closer to Officially Being Money Again
No. 2: Central Banks Are Buying Record Amounts of Gold
No. 3: Oil for Gold –...

Silver makes beautiful bling but it’s also good for keeping the bacterial bugs away

Silver has long played second fiddle to other elements. In sport, it is the symbol of second place, giving way...

Bitcoin has no future, as its transaction speed is to low and transaction fees too high compared to the traditional payment systems.
Plus its volatility prevents it from becoming a currency

If...

Gold demand from central banks ramping up

Dollar beware: Serbia & Philippines join global gold hunt

https://www.rt.com/business/460611-nations-boosting-gold-reserves/

More gold-backed Stablecoins in the pipeline?

Russian Central Bank Eyes Gold-Backed Crypto

https://www.zerohedge.com/news/2019-05-28/russian-central-bank-eyes-gold-backed-crypto


‘Gold is...

I was wondering, what do we need to get this knowledge to get applied full-scale?
I couldn't think but to these 4 steps

a) more research in the research centers.
Probably the pharma-industry...

Iran Hangs Gold Coin ‘Sultan’ in Crackdown After U.S. Sanctions

Vahid Mazloumin was sentenced to death in October after being accused by Iranian authorities of contributing to price hikes by...

I was pondering about the reason given by the Brits to refuse to give the metal back to its owner

"There are concerns that Mr. [Nicolas] Maduro may seize the gold, which is owned by the state, and...

UK refusing Venezuela’s request to return $550mn in gold

Britain is reportedly refusing to repatriate some 14 tonnes of gold to Venezuela worth around $550 million over fears that the move could...

It's gold, not silver, but still

Gold Nanoparticles Act as Tumor-seeking Missiles

A small clinical trial using gold nanoparticles that act as tumor-seeking missiles on a mission to remove...

As far as I know, Hugo Salinas Price company, Grupo Elektra, and the whole Grupo Salinas, are actively cooperating with Kinesis.
The partnership is not official yet.


Grupo Salinas is a...

I can understand Silver,
stackers have a instinctive allergy for cryptocurrencies.
Precious metals backed cryptocurrencies are seen as another way to bring away investing ressources from the metal...

Maguire decided to inform the CFTC. He contacted commissioner Bart Chilton, who had Eliud Ramirez, a senior investigator from the CFTC's enforcement division, get in touch with Maguire.

Maguire...

Very cool SilverHB
I agree with the idea of a new monetary system based on sound money.

I never touched a crypto in my life, I still don't know what blockchain is.
That said, there is this...

https://www.scmp.com/presented/news/asia/topics/china-conference-sea/article/2171054/cgses-new-gold-appetite

Building on its success of recent years, Chinese Gold and Silver Exchange (CGSE) has...

Mmmmhhh... think about that beautiful Bombay Hook with this line stamped on it...
Nah! :sad:

My guess is that the upcoming price reset will be the result of the physical market dynamics, not of their clemency
:cool:

Is this the wish list of a stacker or of a collector? :?

I was asked about an article summarizing how the manipulation of the precious metals price basically works.

The best I've found is this article from Juli 2017, authored by R. Manly...