Gold Mining Sector Shows Signs Of Growth, GFMS Predicts $1,250 Gold In 2016

The gold mining industry has seen $2 billion in projects completed through the first five months of this year, twice 2014′s pace. This points towards that the precious metals industry, despite stagnant prices, remains stalwart amid decreasing demand at the numerous retail levels. In the first quarter 2015, Paris asset manager Carmignac Gestion purchased 11.65 [...]

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BitGold Strives To Go Public & Offer Services In US, Raises Another $17 Million For Gold Storage

At the end of last week, BitGold announced it raised $17 million in a deal that began as a $14.8 million offering. This deal is one of many in recent months which has put the company at the forefront of the financial press. Alongside the millions in recently raised capital, BitGold founder Joshua Crumb has [...]

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Gold, Silver & Bitcoin Interest Increasing In Greece

  With Greece inching closer to a default, and European partners putting pressure on the southern Greek nation, Greeks have pulled money out of banks to the tune of 2 billion euros this week. Alongside this trend, we see an increasing interest in the precious metals sector, as well as the crypto-currency sector, on Google [...]

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Bitcoin Is [Not] A Man’s World

When one goes to a Bitcoin event, they are greeted by a scene of mostly men, many of whom flex their egos and their low-end Rolex watches as if they have a lot going for them. Some, mostly VCs, who have only been into bitcoin a short time, pretend that they are pioneers, trying to [...]

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Denarium Hopes To Pick Up Where Casascius Left Off

“Low-cost” physical bitcoins (basically coins with enough data on them to retrieve a certain number of bitcoins) have always enjoyed demand from the Bitcoin space, however numerous startups which pursued the idea faced headwinds due to regulatory concerns early on in their evolution. Now, a Finnish Bitcoin startup is running with the idea, an idea [...]

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Rand Paul To Run Most Innovative Digital Campaign Of Any Candidate, And Welcomes Ideas

OkayBitcoin You see in the following post OkayBitcoin making the point that bitcoiners could inject their views and opinions into the presidential debate by telling Rand Paul what he needs to know about Bitcoin: Republican Presidential candidate Rand Paul has pledged to implement the most innovative digital and tech effort of any of the 2016 [...]

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USAA Hopes Bitcoin Blockchain Technology Can Help

OkayBitcoin The following post came from OkayBitcoin, who writes today about USAA is looking to making their operations more sophisticated with the power of the block chain. When people usually think about Bitcoin, they think about money. The block chain, which powers Bitcoin, is where the power lies. The San Antonio, Texas-based financial institution USAA, [...]

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Anthony Culligan: “The Most Interesting Aspect Of Bitcoin Is P2P”

OkayBitcoin  recently featured an interview with Anthony Culligan, the CEO of Roolo, a decentralized trading platform. Many people are looking forward to such a platform where they can buy and sell bitcoins in  peer-to-peer manner. Anthony Culligan had some interesting opinions on the state of the industry and the future of the technology. Launched in [...]

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Pre-1933 Gold Premiums At Multi-Year Low

Pre-1933 gold premiums are quite low, leading many to wish to purchase. The following chart uses an annual premium taken in January of each year, with the high and low premium taken from that 13 year span. Uncertified Gold – 13 Year Average price vs. Current with historical Hi/Low You can see that, by historical [...]

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People’s Bank Of China Buys Gold While Americans Buy Art & Real Estate

The People’s Bank of China has tripled its gold stockpile since 2009, according to the Bloomberg Intelligence report, while, in the meantime, sales of previously owned US homes increased in March to the highest mark since September 2013, according to the National Association of Realtors. The BlackRock CEO has called art and real estate a better [...]

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