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Posts published in “Uncategorized”

Buffalo Judge Says Bitcoin is Not Money

(GoldSilverBitcoin) U.S. Magistrate Judge Hugh B. Scott in Buffalo, New York ruled that bitcoin is not money in a money laundering case out of Buffalo.…

Bank of England Threw Nearly £100,000 Party after Brexit

The Bank of England spent nearly 100,000 on a Governors’ Day Jolly on July 10, but two weeks in the wake of the historic Brexit vote. The lavish party took place at the sports grounds in Roehampton, south west London.

The £99,035 party, paid for by taxpayers ,comes at a time when savers have little to expect from their accounts and Carney is accused of exaggerating the danger of Brexit to increase Remain votes during the referendum campaign. The Party went down mere weeks after the stressful Brexit vote.The British exit from the European Union commanded global headlines and had a big affect on global markets. It seems governor Mark Carney, along with 2,500 Bank staff, policy makers and guests had a party.

DNA Nanowires Coated with Gold Might Allow Bio-Computers

Can computers be made of cells? That’s what scientists in Germany (Bezu Teschome and Artur Erbe of Helmholtz-Zentrum Dresden-Rossendorf) look to discover with work published in the journal Langmuir.

The want to know if their way of coating DNA-based nanowires in gold can conduct electricity. The proof-of-concept wires might allow DNA circuits and genetic computers to self-assemble through molecule growth.

“The main advantage here is the complexity you can create on the nanoscale with these circuits,” Erbe told Seeker.

Bruno Mars Drops New Single, “24k Magic”

Bruno Mars is back with a new hit song – – and music video to accompany it. The video, as many modern music videos, demonstrate…

Did Bitcoin Already Have A Block Crisis?

As developers for Bitcoin called for a temporary halt to Bitcoin transactions on 3/11/2013, many members of the community began holding their breath. Many of…

Best Bitcoin Affiliate Programs

Digital currency makes a new type of affiliate program available online. As you know, Bitcoin reduces transaction costs, and makes it easier to send money…

Hip Hop Loves Bitcoin

[heading]Hip Hop Loves Bitcoin[/heading]

The hip hop industry has long been obsessed with money. From 2Pac to indie artists, making money has been a theme throughout. Much of this is simply the acknowledgement that money makes the world go round, a clairvoyant observation. It is this observation that makes bitcoin and hip-hop a match made in paperland…

Most recently 50 Cent said that he would make his new album, Animal Ambition, available in bitcoin –  0.01373 Bitcoin to be exact. The payment through his Shopify store will be processed through BitPay. BitPay executive chairman Tony Gallippi said,  “We are excited to see high profile independent artists use Bitcoin and 50 Cent’s trail as an innovator is outstanding.”

50 Cent was discovered by legendary hip hop artist Eminem, and went platinum under the guidance of Dr. Dre and Eminem with his album “Get Rich or Die Tryin’.” 50 Cent, whose real name is Curtis Jackson, was once shot nine times and survived.

More Than A Few Risk Management Companies Want To Take Over The Silver Fix

[heading]More Than A Few Risk Management Companies Want To Take Over The Silver Fix[/heading]

Market benchmarks across the globe have come under heavier scrutiny amid allegations and discoveries of endemic market manipulation across the economic spectrum. Indeed, from interest rates to the gold price.

The May 14 announcement regarding the August 14, 2014 cessation of the London Silver Fix caught many silver investors off-guard. The response has been diverse and, in the absence of much information, speculative.

South African Military Deployed As Miners Return To South African Platinum Mines

[heading]South African Military Deployed As Miners Return To South African Platinum Mines[/heading]

When the violence at the platinum mines broke out in 2012, the future of the platinum price was fundamentally changed. The already small supply was decreased by the turmoil, and now, halfway through 2014, platinum and palladium – both considered industrial metals – have out-performed both gold and silver, to the surprise of many.

Today, workers are returning to the platinum mines. And the South African government is deploying police and military.

Is Palladium Going To $1,200?

[heading]Is Palladium Going To $1,200?[/heading]

Palladium has risen to its highest level since 2011 due in part to escalating tensions in Ukraine, in particular that the supply of palladium from Russia, the world’s biggest producer, will be restricted. In 1999-2000 palladium ran to $1,200. Could it be heading to its old high?

Politicians and banks are suggesting increased sanctions against Russia’s banking and finance system, worsening the situation and increasing the likelihood that supply will be cut off.

Palladium has increased 13 percent this year as the threat of disruption to Russian exports added to supply concerns amid a miners’ strike in South Africa, the second-biggest producer. The introduction last month of two-exchange traded products backed by the metal tried to temper the volatility.

California Dreamin’: California’s Unemployed Getting Hungry After One Month Without Benefits

[heading]California Dreamin’: California’s Unemployed Getting Hungry After One Month Without Benefits[/heading]

“In a sluggish economy, never, ever f*** with another man’s livelihood.” – Guido, the “killer pimp” in the movie “Risky Business.”

“California Dreamin'” might come to mean hunger-induced hallucinations as 80,000 jobless Californians remain cut off from their unemployment benefits. The problem has been going on for one-month-and-a-half, but really escalated after September 1.

Sunbathing in China: China’s Big Announcement And Its Staggering Implications for Silver Demand

[heading]Sunbathing in China: China’s Big Announcement And Its Staggering Implications for Silver Demand[/heading]

By: Justin

China’s most recent goals for a green energy future have BIG implications for the price of silver, and the markets just totally ignored it. China has raised its target for solar generating capacity to more than 35 gigawatts (GW) by 2015, a stunning increase of 67% above the prior target.

The Ledger Oligarchy: Bitcoin’s NWO

[heading]The Ledger Oligarchy: Bitcoin’s NWO[/heading]

By: Justin

“Trout, incidentally, had written a book about a money tree. It had twenty-dollar bills for leaves. Its flowers were government bonds. Its fruit was diamonds. It attracted human beings who killed each other around the roots and made very good fertilizer.” Slaughterhouse 5, Kurt Vonnegut

It is the year 3030. Bitcoin is dominated by few hands: The Rockefellers, the Rothschilds, the Carnegies, Warburg’s & Nakamoto, according to YouTube.

NSA Targets Bitcoin

[heading]NSA Targets Bitcoin[/heading]
By: Justin

New revelations in NSA-leaked documents show that the US security agency has interest in spying on Bitcoin and other decentralized digital currencies.

The revelations from Germany’s Der Spiegel implicate the US NSA in spying on banks and credit card transactions, oftentimes in violation of national laws and global regulations. According to internal NSA documents, the European SWIFT financial transcations has been tapped.

Bitcoin & The Future of Employment

[heading]Bitcoin & The Future Of Employment[/heading]

The Internet has transformed prospects for employment. Whereas in the past starting a company was a monumental task carried out only by those with capital, today things are much difference.

What America Learned From Tony Soprano

[heading]What America Learned From Tony Soprano[/heading]

In this age of NSA wiretapping, it is highly unlikely a family like Sopranos will ever exist, and considering how the public reacted to Edward Snowden, this is a fact that most Americans regret.  As one who respects his elders, I thought now would be a fitting time, in tribute to Jim Gandolfini, to take a step back and see what America has learned from Tony Soprano. Here are some of those lessons:


Most Americans go through their lives thinking the Federal Reserve is just yet another governmental institution, no more interesting than the DMV or Post Office.

If Bilderberg Controls The World, Then THIS Is What Will Be On Their Agenda

Bilderberg’s esoteric deal-makings have put them at the center of the debate about who, what, where, when and why in the New World Order. Since their first meeting in the Netherlands in 1954, their storied history has evolved to become a popular meme in Internet circles.

The Intrinsic Value of Bitcoin.

Bitcoin has gone parabolic in the Headlines.  Perhaps it is because of Bitcoins recent rise of over 200% percent since September of 2011. To be honest Bitcoin has not gotten the credit that it deserves. Among the Old Guard of the sound money champions, the biggest point of contention that they have with Bitcoin is that it has no “intrinsic value”.

Bitcoin Runs Laps Around Precious Metals, Nearly 40% Gains Since Feb. 1

The digital gold standard known as Bitcoin has shown impressive strength in the mist of the recent drop in all precious metals.

Gold lost 40 dollars in a 24 hour period to close for the weekend at $1610.30. This loss reflects a 2.4% drop. Silver had a more significant drop falling from $31.00 to close at $29.80 dollars an ounce.

This reflects a 3.4% drop in the common man’s gold. These drops have occurred despite, as Harvey Organ reports, the gold demand for the quarter was 6% higher year-on-year at $66.2bn marking the highest ever Q4 total and driving annual demand in 2012 to a record value of US$236.4bn.