Someone just asked if the Bullion Coin Exchange (BCX) will have access to enough Gold to back all the Bullion Coins that could be purchased into existence. It’s a great question:-
The short answer is No
The long answer is maybe. When demand exceeds supply price rises, so we might not run out, but the gold will certainly be worth more.
Digital Gold Ltd. intend for their BCX to become THE exchange for the buying and selling of gold and creation of BullionCoins. The exchange will be an honest and transparent destination for Miners & Gold Producers to offer their Gold Bullion. For them it will be a refreshing alternative to the opaque and dysfunctional Comex Futures and London Bullion Market Association markets, where paper claims to gold and not the gold itself are traded daily.
The 2018 forecast* is for 3,240 tons of Gold to be mined. At $40M ($40,000, 000) per ton that will be $129.6B
($129,600, 000,000) That should be enough to go round. Though the bigger our teams and the more we use Gold to pay for the things we have to buy anyway, I’m not so sure. But if that happens the price goes higher and we all earn more anyway.
Adrian Hibbert
Bitcoin Millionaire
44 7966 871854
Friday, 6 April 2018
Bitcoin BTC Techical Analysis
BTC Technical Analysis...
Bitcoin (BTC) prices dropped to a 50-day low of $6,630 earlier today, but a glimmer of good news is that the cryptocurrency appears to be nearing a bottom.
To start with, BTC tends to reverse course every time the relative strength index (RSI) drops to or below 30.00, according to historical data (see chart below). As of writing, the relative strength index is close to that mark, at 32.00.
Currently, the 50-day MA is located at $9,376 and the 200-day MA is seen at $9,347. So, the death cross (bearish crossover between the 50-day MA and 200-day MA), will likely happen in the next 24-48 hours. As discussed, the crossover is a lagging indicator and tends to come before a rise if the RSI shows oversold conditions.
So, it's likely the sell-off will run out of steam in the range of $6,600-$6,000 (Feb. low).
However it's still too early to call a bull reversal, as the momentum studies are still bear biased, with the 5-day and 10-day MAs are trending south. Yesterday's close (as per UTC) below $7,240 (March 18 low) established a lower high and lower low pattern (bearish setup).
Bitcoin (BTC) prices dropped to a 50-day low of $6,630 earlier today, but a glimmer of good news is that the cryptocurrency appears to be nearing a bottom.
To start with, BTC tends to reverse course every time the relative strength index (RSI) drops to or below 30.00, according to historical data (see chart below). As of writing, the relative strength index is close to that mark, at 32.00.
Currently, the 50-day MA is located at $9,376 and the 200-day MA is seen at $9,347. So, the death cross (bearish crossover between the 50-day MA and 200-day MA), will likely happen in the next 24-48 hours. As discussed, the crossover is a lagging indicator and tends to come before a rise if the RSI shows oversold conditions.
So, it's likely the sell-off will run out of steam in the range of $6,600-$6,000 (Feb. low).
However it's still too early to call a bull reversal, as the momentum studies are still bear biased, with the 5-day and 10-day MAs are trending south. Yesterday's close (as per UTC) below $7,240 (March 18 low) established a lower high and lower low pattern (bearish setup).
Bitcoin Futures Expirations...
“CBOE has successfully cleared several rounds of Bitcoin futures expirations without incident and said that the Bitcoin markets are rapidly maturing and could soon warrant a regulated ETF.”
If Bitcoin ETF goes live, we might see another bullrun potentially. This is something i’m keeping my eyes on right now.
https://www.ccn.com/sec-quietly-puts-bitcoin-etf-proposals-back-on-the-table/
If Bitcoin ETF goes live, we might see another bullrun potentially. This is something i’m keeping my eyes on right now.
https://www.ccn.com/sec-quietly-puts-bitcoin-etf-proposals-back-on-the-table/
Monday, 2 April 2018
Groestlcoin GRS Altcoin Big Update...
I’m excited to inform the Groestlcoin GRS community that we will be getting listed on the new Korean exchange Coinbit. They are starting there pre-registration at the end of this week and trading will go live in early April. Initially they will have about 20 coins listed and all will be in KRW pairings.
This is a huge step for us in the Korean trading community. Coinbit will launch with the ability to have withdrawals and deposits giving Groestlcoin GRS a crucial fiat on and off ramp. To celebrate the launch, an offline event will be held this Sunday in Busan, South Korea with 60 Groestlcoin GRS given away to attendees who sign up for the exchange.
We will have some online giveaways as well leading up to the launch, for members of our Korean community.
More information will be coming out later today from Coinbit on the other coins they are listing.
This is a huge step for us in the Korean trading community. Coinbit will launch with the ability to have withdrawals and deposits giving Groestlcoin GRS a crucial fiat on and off ramp. To celebrate the launch, an offline event will be held this Sunday in Busan, South Korea with 60 Groestlcoin GRS given away to attendees who sign up for the exchange.
We will have some online giveaways as well leading up to the launch, for members of our Korean community.
More information will be coming out later today from Coinbit on the other coins they are listing.
The beginning of the end of the $US Dollar....
And so it begins ... the beginning of the end of the $US Dollar as the globally accepted 'reserve currency' - already major buyers of Petro-Chemicals (Oil) are unhitching their national currencies from being 'pegged' to the $USD and are turning towards a GOLD backed Petro-Yuan - why is it so important that it's 'gold backed' - this is important because it GUARANTEES the vlaue of the Petro-Yuan - if it says its worth 20 Yuan - then its worth 20 YUAN In GOLD!!! This is called a 'Gold Standard'.
In 1971 Nixon ended (Fraudulently) the 'Brettonwoods' agreement on the basis that it was a temporary measure. now nearly 50 years on that 'temporary' measure has brought the value of the $USD to almost nothing through something currency devaluation (which is decpetively labelled as 'inflation' when its nothing of the sort).
The UK Pound along with many other national currencies is 'pegged' to the price index of the $USD and thats why over the last decade the perecntages paid to savers has declined to almost nothing whilst the fees to borrowers has skyrocketed to stupid levels. So why would anyone try to build wealth by putting 'paper money' backed by the $USD into a bank that doesn't want to give you anything anyway. It just doesn't make sense at all!
So - what should YOU do about all this. Well the answer is a simple one and people such as myself and many others all over the world have been aware of this day coming for may years and we have all been quietly taking measures to protect ourselves from the greed and crass stupidity of the American Federal Reserver and its elite banking owners.
Those measures were simple - we bought Gold & more importantly Silver every month, month in month out for years (12 years in my case). We quietly stacked and stacked and now at last our day is here.
For as the $USD enters its death-throes and the world turns once more to a currency backed by something of value - then that something of value will only INCREASE in value. Gold because the value of the Gold backed Petro-Yuan will underpin the gold markets and Silver because it is the single most used metal in industry bar none and the demand is rising fast but the supply of surface silver is dwindling even faster.
So what does this mean for Silver - only one thing!
The value of Silver over the next few years is going to skyrocket as demand increases, supply decreases and the value of Gold rises to cope with the demands of the Petro-Yuan.
When many of us started buying Silver we were paying £3.00 / $4.75 an ounce. Today its £25.00 an ounce RETAIL - nobody can buy at Spot unless you are buying in tonnes directly off the mine-face.
So - how can YOU get in on the ACT - how can YOU get Gold & Silver at exactly the right price TODAY (which is exaclty the right time).
Simple - you contact me and I wil show you how AND I will also show you a simple way in which you can get all your GOl & Silver paid for so that it costs you NOTHING, ZERO, NADA.
PM me TODAY and I will help you get started.
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854 - Cal me anytime p
In 1971 Nixon ended (Fraudulently) the 'Brettonwoods' agreement on the basis that it was a temporary measure. now nearly 50 years on that 'temporary' measure has brought the value of the $USD to almost nothing through something currency devaluation (which is decpetively labelled as 'inflation' when its nothing of the sort).
The UK Pound along with many other national currencies is 'pegged' to the price index of the $USD and thats why over the last decade the perecntages paid to savers has declined to almost nothing whilst the fees to borrowers has skyrocketed to stupid levels. So why would anyone try to build wealth by putting 'paper money' backed by the $USD into a bank that doesn't want to give you anything anyway. It just doesn't make sense at all!
So - what should YOU do about all this. Well the answer is a simple one and people such as myself and many others all over the world have been aware of this day coming for may years and we have all been quietly taking measures to protect ourselves from the greed and crass stupidity of the American Federal Reserver and its elite banking owners.
Those measures were simple - we bought Gold & more importantly Silver every month, month in month out for years (12 years in my case). We quietly stacked and stacked and now at last our day is here.
For as the $USD enters its death-throes and the world turns once more to a currency backed by something of value - then that something of value will only INCREASE in value. Gold because the value of the Gold backed Petro-Yuan will underpin the gold markets and Silver because it is the single most used metal in industry bar none and the demand is rising fast but the supply of surface silver is dwindling even faster.
So what does this mean for Silver - only one thing!
The value of Silver over the next few years is going to skyrocket as demand increases, supply decreases and the value of Gold rises to cope with the demands of the Petro-Yuan.
When many of us started buying Silver we were paying £3.00 / $4.75 an ounce. Today its £25.00 an ounce RETAIL - nobody can buy at Spot unless you are buying in tonnes directly off the mine-face.
So - how can YOU get in on the ACT - how can YOU get Gold & Silver at exactly the right price TODAY (which is exaclty the right time).
Simple - you contact me and I wil show you how AND I will also show you a simple way in which you can get all your GOl & Silver paid for so that it costs you NOTHING, ZERO, NADA.
PM me TODAY and I will help you get started.
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854 - Cal me anytime p
Sunday, 1 April 2018
So Important to own Gold and Silver...
https://www.youtube.com/watch?v=aA64C7ca_fk
This is WHY its so important to own physical Gold & Silver as financial insurance against the meltdown / failure of paper currencies. We've seen Greece, Venezuela and Tobago's economy collapse - we've seen more bank collapses in this last decade than in any time in history (Lehman Bro's, Northern Rock, HBOS etc) - China & Russia are backing the Federal Reserve into the wall so it won't be long before the petrodollar particularly after the 26th of this month! (China launches its on Yuan based oil contracts backed by gold) and they are no longer accepting USD$ in payments for Russian / Chinese oil. If the $USD collapses, the £GBP and EURO will not be far behind as they are all pegged to the PetroDollar and NONE of them are backed by a gold standard (Least of all the EURO which is the worlds first fiat currency created without ever having been backed by a gold standard).
So how do you 'ring fence' you and your family from this - and don't think that this can happen in the US, UK, Europe because you have to bear in mind it's the same corrupt elite bankers running the show in those countries as it is in the countries that have suffered economic collapse and hyperinflation.
The smart people are buying Gold & Silver NOW and storing it because the ONLY thing the banksters can do when the paper money collapses is to go back to the Metal (Gold & Silver) - Mike Maloney has a great video about this (Silver to $700 per ounce).
But there is an even better way to acquire metals - that way is to get them either at COST price or ... FREE by showing others how to change the way they save! Its that simple!
To find out more - PM me or visit the site below to get the full facts and get signed up!
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
This is WHY its so important to own physical Gold & Silver as financial insurance against the meltdown / failure of paper currencies. We've seen Greece, Venezuela and Tobago's economy collapse - we've seen more bank collapses in this last decade than in any time in history (Lehman Bro's, Northern Rock, HBOS etc) - China & Russia are backing the Federal Reserve into the wall so it won't be long before the petrodollar particularly after the 26th of this month! (China launches its on Yuan based oil contracts backed by gold) and they are no longer accepting USD$ in payments for Russian / Chinese oil. If the $USD collapses, the £GBP and EURO will not be far behind as they are all pegged to the PetroDollar and NONE of them are backed by a gold standard (Least of all the EURO which is the worlds first fiat currency created without ever having been backed by a gold standard).
So how do you 'ring fence' you and your family from this - and don't think that this can happen in the US, UK, Europe because you have to bear in mind it's the same corrupt elite bankers running the show in those countries as it is in the countries that have suffered economic collapse and hyperinflation.
The smart people are buying Gold & Silver NOW and storing it because the ONLY thing the banksters can do when the paper money collapses is to go back to the Metal (Gold & Silver) - Mike Maloney has a great video about this (Silver to $700 per ounce).
But there is an even better way to acquire metals - that way is to get them either at COST price or ... FREE by showing others how to change the way they save! Its that simple!
To find out more - PM me or visit the site below to get the full facts and get signed up!
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
How to Get Gold and Silver for Free...
THIS IS MASSIVE!!!!
https://www.youtube.com/watch?v=Oo0A4cDuLkI
This is WHY you need to be stacking Gold and more importantly stacking SILVER.
Contact me to find out WHY and how to get Gold & Silver Bullion at COST prices and graded pure Silver Coins at member pricing - or if you really wanna get smart - ask me how I get my Metals for free!
Contact me on messenger and say 'I Want Gold & Silver at Cost or Free'
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
https://www.youtube.com/watch?v=Oo0A4cDuLkI
This is WHY you need to be stacking Gold and more importantly stacking SILVER.
Contact me to find out WHY and how to get Gold & Silver Bullion at COST prices and graded pure Silver Coins at member pricing - or if you really wanna get smart - ask me how I get my Metals for free!
Contact me on messenger and say 'I Want Gold & Silver at Cost or Free'
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
Gold and Silver
https://m.youtube.com/watch?v=bOanxmIl-FE
The PRICE of things NEVER goes UP ... it's only a reflection of the VALUE of the CURRENCY going DOWN.
Get out of something that is decreasing in value all the time (Paper Money) and get into something that is INCREASING in value as the opposite and equal reaction to the money value decreasing ...
GOLD & SILVER.
I am a member of an exclusive 'buying club' that allows me to acquire precious metals at prices that cannot be bettered anywhere in the world! I pay an annual membership ($199) and then I can buy as much or as little Gold & Silver as I want - when I want. No monthly commitment - its completely up to me!
Contact me for details or get registered into the club now!
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
The PRICE of things NEVER goes UP ... it's only a reflection of the VALUE of the CURRENCY going DOWN.
Get out of something that is decreasing in value all the time (Paper Money) and get into something that is INCREASING in value as the opposite and equal reaction to the money value decreasing ...
GOLD & SILVER.
I am a member of an exclusive 'buying club' that allows me to acquire precious metals at prices that cannot be bettered anywhere in the world! I pay an annual membership ($199) and then I can buy as much or as little Gold & Silver as I want - when I want. No monthly commitment - its completely up to me!
Contact me for details or get registered into the club now!
Adrian Hibbert
Gold and Silver Millionaire
44 7966 871854
The Solution is Gold and Silver
Before a nation can have a sound economy, it must first have a sound monetary system. Unfortunately, in today's world, there is not a single government that has.
A SOUND economy is based on one thing and one thing alone -
SOUND MONEY - the paper stuff we call money is no such thing - it has no value, in fact, it only creates a debt every time it is used and it's unsustainable.
In this video, we discuss why fiat currencies always fail.
Since the end of the Gold Standard in 1971, the US dollar has lost over 80 percent of its purchasing power due to the governments.
All Fiat currency Fails | There Is A 100% Failure Rate Of ALL Fiat Money Throughout History. Smart Wealth Radio.
https://www.youtube.com/watch?v=KNNoAldzF9Q
THE SOLUTION IS GOLD & SILVER.
Join our VIP Buying Club to be able to exchange Fiat Currency and Bitcoin into Gold & Silver at COST PRICES - we are absolutely the cheapest world supplier on Gold & Silver Bullion.
Contact me today to find out more.
Adrian Hibbert
Bitcoin and Gold/Silver Millionaire
44 7966 871854
A SOUND economy is based on one thing and one thing alone -
SOUND MONEY - the paper stuff we call money is no such thing - it has no value, in fact, it only creates a debt every time it is used and it's unsustainable.
In this video, we discuss why fiat currencies always fail.
Since the end of the Gold Standard in 1971, the US dollar has lost over 80 percent of its purchasing power due to the governments.
All Fiat currency Fails | There Is A 100% Failure Rate Of ALL Fiat Money Throughout History. Smart Wealth Radio.
https://www.youtube.com/watch?v=KNNoAldzF9Q
THE SOLUTION IS GOLD & SILVER.
Join our VIP Buying Club to be able to exchange Fiat Currency and Bitcoin into Gold & Silver at COST PRICES - we are absolutely the cheapest world supplier on Gold & Silver Bullion.
Contact me today to find out more.
Adrian Hibbert
Bitcoin and Gold/Silver Millionaire
44 7966 871854
Have you taken out Financial Insurance yet ?
https://m.youtube.com/watch?v=dtir8zK0qVk
This is coming, First Trade Wars, Then Come the Military Wars. The Reserve Currency status that the $US Dollar enjoys is coming to a natural end as the worlds trading partners send those debt instruments home to roost by not using them anymore. So that's the problem ... what's the solution?
The solution is to take out 'Financial Insurance' that will protect you from ANYTHING that happens in the worlds currency markets. OK - So who do you so that? ...
Simple - get Physical Gold & Silver starting right now, today because the ONE thing that ALL governments go back to every time a currency fails is the Gold Standard. Every time this has happened in history the people who benefit from the transfer of wealth that happens are those who are holding Physical Gold & Silver.
So how do you get this Financial Insurance at the absolute best price.
SIMPLE ... Join our VIP buying Club that allows anyone to acquire Physical Gold & Silver shipped directly to your hand at COST prices - we can (and do - every day) - beat any other bullion outlet for prices.
Go check everyone else's prices first then come to me and I will show you how much you can save by being a part of the worlds largest Gold/Silver VIP buying club.
Want more info? - Contact me!
Adrian Hibbert
Bitcoin and Silver Millionaire
44 7966 871854
This is coming, First Trade Wars, Then Come the Military Wars. The Reserve Currency status that the $US Dollar enjoys is coming to a natural end as the worlds trading partners send those debt instruments home to roost by not using them anymore. So that's the problem ... what's the solution?
The solution is to take out 'Financial Insurance' that will protect you from ANYTHING that happens in the worlds currency markets. OK - So who do you so that? ...
Simple - get Physical Gold & Silver starting right now, today because the ONE thing that ALL governments go back to every time a currency fails is the Gold Standard. Every time this has happened in history the people who benefit from the transfer of wealth that happens are those who are holding Physical Gold & Silver.
So how do you get this Financial Insurance at the absolute best price.
SIMPLE ... Join our VIP buying Club that allows anyone to acquire Physical Gold & Silver shipped directly to your hand at COST prices - we can (and do - every day) - beat any other bullion outlet for prices.
Go check everyone else's prices first then come to me and I will show you how much you can save by being a part of the worlds largest Gold/Silver VIP buying club.
Want more info? - Contact me!
Adrian Hibbert
Bitcoin and Silver Millionaire
44 7966 871854
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