Category : Gold |

Idaho House of Reps Doesn’t Want to Tax Capital Gains on Gold

Posted on March 24, 2017 by gsbtc / No comments

The Idaho House of Representatives voted by a 56-13 margin last week to cease Idaho taxation on precious metals, including gold and silver coins and bars. Related: China and Russia are Stockpiling Gold Bill Sponsor Representative Mike Moyle (R) and the entire Republican caucus voted in favor of the measure. Now the Republican-controlled Idaho Senate must also vote in favor of the bill and Governor Butch Otter (R) must sign … Read More →

Man Stashes Cash & Gold Around Northern Colorado

Posted on March 21, 2017 by gsbtc / No comments

A Colorado man has people in the Northern part of the state rushing to find the cash and gold he stashes around the area per a treasure hunt he conducts on social media. Related: Treasure Hunter Who Stole Gold Bars Arrested in Florida The man, who wants to only go by Matt, started a Facebook page last month called ‘Northern Colorado Treasure Hunters.’ He now has 4,000 followers. That might … Read More →

NTR’s “Modern-day Pablo Escobar” Will Fight Laundering Case

Posted on March 21, 2017 by gsbtc / No comments

Juan Pablo Granda was employed by NTR Metals to go into the Latin America jungle and buy gold. U.S. investigators eventually caught on that this practice could have been abetting cocaine traffickers turn their money into cash. NTR made efforts to evaluate their business practices, hiring Jones Day to review its business practices. Granda said he would help. Related: NTR’s “Modern-day Pablo Escobar” Will Fight Laundering Case When NTR flew … Read More →

NTR Launders Money for “Modern-Day Pablo Escobar”

Posted on March 17, 2017 by gsbtc / No comments

A conspiracy involving employees at NTR Metals was outlined in a criminal complaint against Juan Pablo Granda, 35, and implicates the North American precious metals refinery and trading company in a litany of serious actions. The conspiracy involved the purchase of massive amounts of gold from illegal mines in Peru supporting human trafficking, forced labor and environmental devastation. The NTR Metals office in Miami laundered billions of dollars for criminal … Read More →

There’s a Cryptographic Treasure Hunt for Gold Art Objects in a Small English Town

Posted on February 19, 2017 by gsbtc / 7 comment

An artist hid five, £1,000 small gold objects around Scunthorpe, North Lincolnshire. If you find these valuable pieces? They’re yours… It’s not as easy as just finding these objects and cashing in, however. You will have decode encrypted messages starting with five paintings at the local arts centre and the encrypted codes within. “I like the idea that ancient objects that were once hidden beneath the earth and were discovered and … Read More →

China & Russia are Stockpiling Gold

Posted on February 12, 2017 by gsbtc / No comments

Gold refineries in Switzerland sent a record amount of gold to Shanghai last December, and Russia is buying gold in droves as well, as the United States experiences a time of tumultuous politics and the european banking system is reported to be on the verge of collapse. Figures released at the end of January by Federal Customs Administrations showed that Switzerland, a world leader in gold production, sent 158 tonnes … Read More →

2017 Might be Your First Chance to Tip the Moon thanks to Dogecoin

Posted on December 5, 2016 by gsbtc / No comments

“To the moon!” That’s the cliche slogan for so many digital currencies, perhaps made most famous not by Bitcoin, but by , whose users since the beginning have proudly proclaimed the slogan.

Don’t Miss this $40,000 24k Gold Bar get Totally Crushed

Posted on November 30, 2016 by gsbtc / One comment

YouTube channel Crushit recently crushed a gold bar worth nearly $40,000 provided gold company Baird & Co. Check out the cascading of gold that doing so produced. Many individuals claim that gold is a good investment. They usually cite economic uncertainty as a reason for owning gold, which is seen by mainstream investing knowledge as a ‘safehaven’ to protect one’s wealth in times of economic crisis. But, the YouTube channel … Read More →

Royal Mint Experimenting with Blockchain-based Gold Trades

Posted on November 29, 2016 by gsbtc / No comments

The Royal Mint partnered with markets operator CME Group to build a gold market with blockchain technology as a means of broadening London’s hip-factor when buying and selling gold bullion. The Roya Mint, owned by taxpayers, plans to accept trades from the middle of next year on the Royal Mint Gold platform, intended to log each transaction using blockchain.

Islamic Financial Institutions get Standard for Gold Products

Posted on November 29, 2016 by gsbtc / No comments

Islamic Institutions, which follow guidelines issued by a Bahrain based group, now have a new sharia standard for gold-based products so as to incorporate bullion into Islamic finance. Gold has long been seen as currency in Islamic finance. Investors, however, have yet to speculate on its future value since no clear policy on how to trade gold.