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Posts tagged as “real estate”

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 store of value than gold. Who is right?

Bloomberg Intelligence estimates the nation’s gold stockpile to be 3,510 metric tonnes, second to the US’s 8,133.5 tonnes.

Ayn Rand’s Galt’s Gulch Vision Now A Reality…And It Accepts Private Money Bitcoin

[heading]Ayn Rand’s Galt’s Gulch Vision Now A Reality…And It Accepts Private Money Bitcoin[/heading]

Jeff Berwick, CEO of TDV Media and The Dollar Vigilante, made quite a stir when he announced earlier this year his plan to open a Bitcoin ATM in Cyprus while the bankers were closed there.

Now, he’s created a place where you can go and use your bitcoins: Berwick’s created something like John Galt’s vision (from Ayn Rand’s “Atlas Shrugged), Galt’s Gulch. He’s called it Galt’s Gulch Chile.