dhkenrick
Why I’m selling some of my gold to buy more Bitcoin.
In a nutshell, I see Bitcoin as being digital gold. Bitcoin has many of the same attributes as gold. It’s separate from any fiat currency, like the dollar or the Euro. I can hold Bitcoin outside of the banking system. I don’t need anyone’s permission to own gold or Bitcoin. I can take Bitcoin with …
If alchemists really could transform lead into gold, what would that do to the price of gold?
The practice and promise of alchemy have been around for thousands of years, with roots in Europe, North Africa and the Far East. In spite of a long history and broad range of interests, alchemists are undoubtedly best known for their obsession with the transmutation of base metals into noble metals. In other words – …
Buy gold in uncertain times? That would be NOW.
From the day I first starting writing this blog, way back in 2010, the headline on the homepage has said: Owning gold gives you a private, safe haven for your wealth during uncertain times. Uncertain times? That would be now, my friends. Right now. Look around. North Korea is threatening a nuclear missile strike on …
Bitcoin or Gold… Which is safer?
People are becoming increasingly concerned about the safety of their money. Why? Because almost all of their money is held by banks and investment houses. And distrust of these financial institutions is at a higher level than ever before. For good reasons. Trust a bank? I don’t think so! I don’t even trust the company …
If gold isn’t money, why do Central Banks hold so much of it?
Investors hear the same narrative time and time again: Gold isn’t money. We’re told that in today’s global, digital marketplace, gold no longer has a place or a role to play. This narrative sounds reasonable. After all, we live in an age where we do our banking online and can even pay for our groceries …