This past Monday, 675,000 Silver Eagles were purchased, marking one more milestone as their total this year sold has hit 34,925,000. Annual sales rankings for…
Posts tagged as “Silver Demand”
“Ben Bernanke? Oh yeah, that bearded Jewish Guy. What’s He Do?” or The Stage That Is Economic Policy
[heading]”Ben Bernanke? Oh yeah, that bearded Jewish Guy. What’s He Do?” or The Stage That Is Economic Policy[/heading]
Ben Bernanke spoke today. If you don’t know who Ben Bernanke is, he is the Fed Chairman. What’s that? That’s what Alan Greenspan was before him. Yeah, we’ll get a new one soon.
When Benny & his jets (colloquial reference to his money-printing habits) speaks, the market listens.
What does it mean when the market listens?
It means that everyone gathers around television cameras and pundit typewriters and yells or types really loud and eventually certain screams and typing become louder (EVEN ALL CAPS). And then the robots take over.
No, this isn’t some story about how Bitcoin was used to launder marijuana.
This is a story about something different. A story of US-based small business owners yearning to make something of themselves, yearning to do what their immigrant forbearers did and dream big and then realize those dreams.
For small business owners in Colorado and Washington, as bitcoiners look on with jealousy, these dreams might be an inch closer to coming true.
The last two weeks have seen Bitcoin climb back to $130 after collapsing from $266 to $80 in April. Since then, due to diverse hands entering the market, a sense of stability fell upon the Bitcoin market.
Then, in the wake of Syria war chanting, Bitcoin steadily moved beyond $100 and did not pause for perspective until $130. At time of this writing, Bitcoin stands at $122.
[heading]IMF Reassess Global Economic Fate[/heading]
The IMF has changed their prior view that emerging markets were to rescue the world from global depression.
A confidential note on world economic prospects was seen by the Financial Times. In this note, the IMF imparts that it believes emerging economics are no longer the dynamic engine of global growth. The fund instead wrote, “momentum is projected to come mainly from advanced economies, where output is expected to accelerate”.
[heading]NASA In Search Of Internet’s Next Generation[/heading]
The question “Is Bitcoin here to stay?” is a common refrain. One that an enthusiast hears often.
It is here to stay, believe many. After all, isn’t a bet for decentralized virtual currencies like Bitcoin merely a bet for the Internet?”
Currently, NASA has developed plans to test a potential new system of human communications, with implications for terrestrial and extra terrestrial data transfer.
NASA plans on launching a new communications technology this Friday which will allow for a record-smashing 600 megabits-per-second downloads. The resulting probe will orbit the moon and send communications back to Earth via lasers.
[heading]What Was The Silver Republican Party?[/heading]
In the 1890s, the Silver Republican Party rose out of a split from the Republican Party. The main issue the two disagreed on was “Free Silver” and bimetallism.
During that period, goldbugs and silverfish had been pitted against each other. Some, namely city interests, called for a gold standard to stem inflation. This harmed farmers who held much of their savings in silver until that time. These interests longed for a bimetallic standard.
[heading]Silver Quietly Sneaks Back Up, Probably Never To Be This Low In Our Lifetimes Forevermore[/heading]
It has been a long, winding road for silver, but it appears the most recent run up from the bottom of around $18 to nows’ nearly $25 has tickled the excitement of silverbugs.
On Facebook, author Tarrin Lupo (Pirates Of Savannah) even boldly proclaimed that “The price of Silver is quietly sneaking back up, probably it’s the last time it will be this low in our lifetime.”