Turkey to Bring Home All Physical Gold

Turkey to Bring Home All Physical Gold

We've seen Venezuela, Austria, Germany, Hungry, and the Netherlands all repatriate their physical gold lately. According to the latest Fed data, gold stored at the NY Fed has dropped to a record low of 7,819 tons. 15.5 tons withdrawn between Jan-Feb 2018 alone. And the gold keeps leaving. As of this morning we can add Turkey to
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JPMorgans Trial Puts Debt Issuance on a Blockchain

JPMorgans Trial Puts Debt Issuance on a Blockchain

JPMorgan Chase has partnered with National Bank of Canada and other major firms to trial a blockchain platform aimed to improve the debt issuance process. The investment bank said in a statement Friday that the trial, which took place on on Wednesday, mirrored a $150 million offering the same day by the National Bank of Canada
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HelloGold Receives Series A Funding From 500 Startups

HelloGold Receives Series A Funding From 500 Startups

Malaysia-based Fintech Investment platform, HelloGold, has been successful in securing Series A funding. Established in 2015, HelloGold has also made a mark as one of Malaysia’s first Fintech companies, allowing users to purchase investment-grade gold for a fraction of a dollar. In March, the company were among the winners of Malaysia’s first Fintech awards, securing the nomination and
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Gold Backed Money Based On Blockchain is Coming

Gold Backed Money Based On Blockchain is Coming

Countries are going to begin using digital gold-blockchain monies. Blockchain is fast, efficient and transparent. Governments can collect taxes directly on-chain with a centralized core, but distributed ledger. You'll spend money on a debit card like you do now, it will be very similar, you won't tell the difference in the way it spends. Russia and
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Goldcorp Deposits 3,000 Ounces of Gold in Blockchain ‘Milestone’

Goldcorp Deposits 3,000 Ounces of Gold in Blockchain ‘Milestone’

TORONTO (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario. As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first
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China’s Gold-Backed Yaun Goes Live Mar 26th

China’s Gold-Backed Yaun Goes Live Mar 26th

Authored by Nick Giambruno via InternationalMan.com, Not long ago, there was a popular joke in China that went something like, “Who is Xi Jinping?” The answer was, “The husband of Peng Liyuan,” the famous singer Xi is married to. Today, Xi is China’s president. He leads 1.4 billion people. And he’ll likely be the most powerful person in
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Soundest Fiat Currency in the World Right Now

Soundest Fiat Currency in the World Right Now

Article taken from SilverDoctors We keep hearing the terms “global reset”, ‘monetary reset”, and “financial reset”, but resetting what to what, and how would that look? First, why would there be a reset? Resets happen quite regularly for reasons such as hyperinflation, default on debt, break-down of the system, and loss of confidence, etc. The last reset was in 1971
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Could Domain Names be the Best way to Profit on Gold

Could Domain Names be the Best way to Profit on Gold

The value of domain names are unknown to most. A domain name may be best described as digital real-estate, your storefront. People are judging your domain, usually before they even visit your website. A 'good' or 'bad' domain will usually determine the success of your site. A domain can be generic, or a brand. Generic
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A Blockchain Based Global Gold Standard

We are dedicated to news and information concerning a gold standard monetary system based on blockchain. Blockchain is capable of transacting gold-money with an efficiency and transparency never available until today.

Gold Blockchain Basics

Gold Blockchain Basics

It is difficult to entertain the idea of combining gold with blockchain without a thorough understanding of each. Government needs to assume responsibility for protecting and insuring our money considering how critical it is to the health of the country. A gold-backed blockchain system will give great faith in the health and security of our economic engine...

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Fiat Money & Rigged Markets

Fiat Money & Rigged Markets

Our fiat money system was designed to fail. The government borrows money from the Federal Reserve with interest attached. As time goes on, the debt compounds and raises exponentially. There comes a a time when that money is impossible to repay unless ever more is created, bringing about hyperinflation. The value of money drops...

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Gold-Backed Blockchain

Gold-Backed Blockchain

You won't be buying things with actual coins. You wont be using paper 'dollars' representing gold (as in the past). Those things won't even exist. The future is a digital money. Something incorruptible, verifiable and fast: a distributed blockchain ledger. Yes, it is similar to cryptocoins today. But not exactly, the difference is that the source...

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perth bars and mint coins

Cryptocurrency backed by gold being developed by Perth Mint

Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals. The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold. AUDIO: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold product (ABC News) The mint also plans…

Queen of England in Gold Vault

UK’s Royal Mint Launches Gold-Backed Cryptocurrency

The UK’s Royal Mint, the institution responsible for producing all the physical money the country has for circulation, has announced the launch of its own gold-backed cryptocurrency. The Blockchain-based coin, called Royal Mint Gold (RMG), is a digital representation of gold stored in The Royal Mint vault. The Royal Mint Bullion, the Royal Mint company that sells physical gold, is the…

Chines Gold-Yuan

China’s IT Ministry Wants A Blockchain Standard System ‘As Soon As Possible’

China’s Ministry of Industry and Information Technology (IT) has conducted a study on Blockchain technologies in order to promote the “formation of a complete Blockchain standard system as soon as possible,” according to a press release published yesterday, March 12. The Information and Software Services Division of the Ministry of Industry and IT, along with the China Electronics Standardization…

Soon No One Will Be Selling Gold for Dollars.

Gold and blockchain is being adopted by governments around the world.