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Mike discusses his latest investment decision to sell Bitcoin and buy silver. Here's the silver round Mike bought.
Can you buy gold with Bitcoin?Yes!Even though Bitcoin was established in 2009, its price has soared, and its use as a method of payment grows by the day. Small wonder why: bitcoin is both a currency and an online payment system.Like any payment method, though, there are both advantages and drawbacks to using bitcoin to buy gold and silver. This article reviews those factors, as well as provides a visual step-by-step guide to buying gold at GoldSilver.com with bitcoin. Advantages of Bitcoin
Gold is Due for a Reversion to the Mean
Now is the time to increase your allocations to cash, gold, silver
Gold gained for a second day as crude oil’s slump into a bear market revived fears inflation will continue to undershoot the Federal Reserve’s target, putting at risk policy makers’ projections for monetary tightening.
When this leverage finally cracks, those holding real gold and silver will experience the insanity taking place in the CRAZY CRYPTOCURRENY MARKET.
Reuters reports, "Americans' debt back at record high after nearly a decade": "Americans' debt level reached a record high this year, surpassing the peak touched just as the…
Gold holds up pretty well despite massive headwinds...
What will come of the Fed's balance sheet unwinding and the ECB's quantitative easing is very much up in the air. So we will just have to wait and see.
They discuss the next financial crisis and examine possible solutions for society, as well as the individual.
Illinois is like Venezuela now, a fiscally broken state that has lost its will to live, although for the moment, we still have enough toilet paper.
This is ironic considering the ENTIRE PURPOSE of TIGHTENING monetary policy is to SLOW economic growth to keep inflationary pressures at bay.
Americans are dying with an average of $62,000 of debt.
All this adds up to bigger estimated budget gaps for pensions, requiring even more taxpayer contributions. This is incredibly unpopular politically and will have negative social ramifications.
Grant Williams digs deep into the auto sector to see what the future holds and the likely impact for the US economy.
Senate Republican leaders released their much-awaited health care bill Thursday morning after months of closed-door meetings, but it’s not yet clear if they will have the votes to pass it as soon as next week.
Gold gained in back-to-back sessions Thursday, up from the five-week lows struck earlier this week, as the metal’s safe-haven appeal drew demand.
We discussed the Fed rate hike, the State of Illinois, loan creation, autos, housing, the yield curve, the Fed’s balance sheet, and GDP prospects.
QE-Unwind may start in September.
Senate Republicans’ proposal to replace Obamacare would provide $50 billion over four years to stabilize insurance exchanges in addition to cost-sharing subsidy payments through 2019, according to a person familiar with the plan.