Commodity Trade Mantra

Posts Tagged ‘Virtual Currencies’

Why Digital Safe Havens won’t ever Kill the real ones - Gold and Silver

Gold and silver are real & tangible assets, similar to currencies but unlike stocks & government bonds. Gold and silver are also durable with an effectively infinite longevity & thus completely different to any other assets & this gives them a prominent position as safe havens, and they are precisely what the likes of Bitcoin lack. Can the intangible assets really replace the tangible?

Bitcoin Exchange Goes “Dark” - $350 Million Theft Claim

Mt. Gox, once the world’s largest and most popular bitcoin exchange, has gone “dark” or offline & also halted cash withdrawals. The shutdown of Mt. Gox comes after months in which the currency’s price soared and it attracted increased attention from investors and speculators.

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