Category Archives: Gold

Gold Bar Domains Digital 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 domains are typically very valuable, often selling for over $1 million each, depending on the niche. An authoritative domain will lend you the credibility needed for a start-up. Would you buy shoes online from Shoes.com? How about SuperShoeStore.com? Probably not…Read More

Golden CryptoCoins

Canamex and Other Miners Form Ethereum Blockchain Strategic Alliance

Canamex, Arizona, Guyana Goldstrike, Cabral Gold and Altamira Gold will work together on future crypto-token offerings which will help them to fund their various exploration and mining operations. More companies are looking to join the alliance, Canamex said. Canamex Gold Corp (CVE:CSQ) has formed an Ethereum Blockchain Strategic Alliance for gold and silver asset-backed crypto-tokens with four other junior mining companies. The other founding members of the alliance are Guyana Goldstrike Inc (CVE:GYA), Cabral Gold Ltd (CVE:CBR), Arizona Silver Exploration Inc (CVE:AZS) and Altamira Gold Corp (CVE:ALTA). The five companies will work together on future offerings of crypto-tokens…Read More

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 to make use of blockchain technology, first used as the core component of the digital currency Bitcoin, where it works as a public ledger for transactions. In the 10 years since its inception, blockchain has been used to track transactions in industries…Read More

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 first company to allow customers to hold gold-backed assets on Blockchain, Tom Coghill, RMG’s Commercial Lead, stated in an interview with Express.co.uk. Coghill also mentioned that one RMG coin is equal to one gram of gold, adding that “it’s real gold…Read More

Resistance is futile sign

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 code will be managed by your issuing government. Another difference is that it will be backed by gold. The coins can’t be backed by nothing, or governments will just issue unlimited coins like they do dollars today. Or they…Read More

World Notes

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 dramatically during hyperinflation due to the massive amount issued by the bank, diluting the existing supply. The only cure is printing more and more, until the value drops to nothing. The value is only based on faith, faith that the system…Read More

Digital Gold Blockchain

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. Blockchain is a distributed public ledger containing a transaction history. This ledger is stored on multiple systems across a network in which anyone can participate. In order to participate you need a public address and a private key.…Read More

Hungry's Gold

Hungary’s Central Bank To Repatriate Its Gold From London

The leadership of the Hungarian National Bank (MNB) has decided to bring back home Hungary’s gold reserves. Up to now, 100,000 ounces (3 tons) of the precious metal were stored in London, which is in total worth some 33 billion forint ($130 million) at current gold prices. The decision seems to be in line with international trends as storage of gold reserves out of the country is now considered risky by more and more central banks. Austrian, German, and Dutch central banks are among those who have recently decided to repatriate their gold reserves. According to MNB, this may also further…Read More

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