Commodity Trade Mantra

Posts Tagged ‘Cryptocurrencies’

When an Insatiable Appetite for Gold gets Diverted to Silver

India in the past has had a history of being the largest importer of gold, which it has only recently been dethroned from, due to India’s war on gold. Their appetite for gold is insatiable and therefore it was only logical to assume that a large percentage of the funds intended to flow into gold, were going to go to the next best thing – SILVER. This has and continues to prove to be the case.

Think AGAIN! - Is Bitcoin a Better Store of Value than Gold?

The bitcoin story has grabbed the trading and investing world’s attention like nothing else, hence the huge rise in its price this year. The root cause of the recent price plunge is a long-running conflict over Bitcoin’s failure to fix its most obvious flaws. But if we get a period of market stress then it could be time for the gold bugs to step up a gear as no one knows how bitcoin will react to a market panic.

Gold Plated Yuan & Cryptocurrencies will soon attack the US Dollar

Some 70 hedge funds have bought bitcoin. The crypto currency’s price volatility provide something traditional markets are lacking…action. China has wanted to unshackle itself from the dollar for a long time and now they’re giving yuan-denominated gold contracts a third try. The dollar will soon be under attack: both from a gold-plated yuan and the cryptocurrencies.

Cryptocurrencies will Never Replace Gold for a Number of Good Reasons

Would the gold price be higher today if massive amounts of money weren’t flowing into bitcoin? Both assets, after all, are sometimes favored as safe havens. They’re decentralized and accepted all over the world, 24 hours a day. Transactions are anonymous. Supply is limited. But I don’t think for a second that cryptocurrencies will ever replace gold, for a number of good reasons. Here’s why.

World's Biggest Hedge Fund Manager: Bitcoin Is A Bubble, Gold Is Money

There are two things that are required for a currency. The first thing is that you can transact in it, it’s a medium of exchange. The second thing is it’s a store of value. Bitcoin today…you can’t spend it very easily. Unlike gold, let’s say, which reflects the value of money, its more stable than the value of money, bitcoin is a highly speculative market. – Ray Dalio.

Has the Safe Haven status of Gold been eroded by Cryptocurrencies or Central Banks?

Having waited patiently for the “any-minute-now” moment, gold investors are taking comfort from the recent rise in price in response to geopolitical tensions. Yet the responsiveness of gold, appears weaker than expected from historically based models. Gold’s status as a haven has been eroded by the influence of unconventional monetary policy & the growth of markets for cryptocurrencies.

Why Cryptocurrencies Can Never Replace Physical Gold

Gold is rare enough to be a true store of value. There’s no danger of it becoming ubiquitous, even if a dozen super-high-grade deposits were discovered tomorrow. If ever the lights go out, due to an electromagnetic pulse, either as an act of war or through a strong solar flare, Bitcoin will vanish instantly. Physical gold, on the other hand, will still be there and ready to use as needed.

Gold or Bitcoin - What's more likely to be Valuable a Hundred Years from now?

If you were to ask me which I think is more likely to be around a hundred years from now, it’s gold… every time. Nothing has usurped it for millennia as a globally-accepted medium of exchange or store of value, and I don’t think bitcoin will do so either. Gold can’t be altered. Bitcoin runs on a protocol that can be changed. Gold has stood the test of time of thousands of years. Bitcoin is just beginning.

Stock Market Meltdown - Real Test for Gold & Cryptocurrencies

The real test for gold and the cryptocurrencies is going to come when the stock market enters bear-market territory. Gold provided a solid safe-haven during earlier financial crisis & will likely do so again. Bitcoin and Ethereum have the potential to do so, but they are unproven and carry additional risks. It all comes down to your risk tolerance. Do you want to shoot for the moon or want stability?

GOLD, SILVER or BITCOIN - Where Would You Prefer Investing?

Most investors who have been concerned about the massively inflated Bubble Markets and the Greatest Financial Ponzi Scheme in history, have been investing in gold and silver. However, a new kid on the block, called Bitcoin and the other crypto-currencies, have gained a lot of attention due to the huge increase in their prices over the past few months. So which would you choose to invest in?

Cash Is No Longer King: The Phasing Out of Physical Money Begins

The stage for inevitable demise of paper money is set. The cash that allows free transactions without tax burdens or state scrutiny won’t be around much longer. There will be many rationalizations for a cashless society in the years to come, but without fixing this broken financial system first, this will only ensure that despotism gains an even sturdier foothold.

New Bitcoin Trend that Could Make You $100,000 Per Month

Bitcoin teller machines (BTMs) are going to become the physical backbone to a network of Bitcoin accounts that have been opened by over 1 million people in all 50 states & in nearly every city in the country. The first BTM to go live charged a 7% fee per transaction to the operator & made $100,000 in the first month alone.

You’re Missing What Really Matters About Bitcoin

Cryptocurrencies, of which Bitcoin is the first & currently the most important, are a revolution in commerce. Many things have started to change. Bitcoin is at the center of it & Bitcoin kids are the key. We can fight it, join it, dance, mourn, or simply defend our ignorance, but the time we’ve been waiting for stands before us, right now.

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