The SEC Says ICO’s May be Subject to U.S. Securities Laws

Ethereum

SEC warns issuers of Initial Coin Offerings (ICOs) that they may be subject to securities laws. Whether an ICO is subject to securities laws will depend on the facts and circumstances of the offering. SEC determines NOT to take action again the ICO of the Decentralized Autonomous Organization (DAO). Many ICO tokens may not meet Read More →

The Gold Price and Consumer Sentiment

Consumer sentiment and gold price January 2008 -June 2017

The price of gold has correlated inversely to consumer sentiment the past ten years. As consumer sentiment falls, the price of gold rises. When consumer sentiment rises, the price of gold falls. Is the Price of Gold Simply a Matter of Sentiment? The Consumer Sentiment and Gold Price Correlation Investors analyze many data points when Read More →

Samsung to Recover Silver & Gold From its Smart Phones

Samsung phones

Samsung Follows Apple in Recovering Precious Metals From its Used Phones. Federal Reserve’s Fast Payments Task Force Analyzes Viability of Fed Coin Citizen Created Scruptual Euros Capture Bank of Italy’s Attention. Bitcoin Soars as BIP91 passes 80% threshold. Video Commentary to “Samsung to Recover Silver & Gold From its Smart Phones” You can buy Bitcoin, Read More →

Will the Fed’s Faster Payments Initiative Lead to FedCoin?

digital dollar

Federal Reserve’s Faster Payments Task Force Releases Final Report. Report envisions new highly centralized and regulated (but faster) payment system. Report also considers “FedCoin”, a digital currency that would be issued by the Federal Reserve. Ripple also lobs in a proposal. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a Read More →

Re-Dollarization Continues as China, Russia & Saudis Load Up On Treasuries

Foreign holdings of US treasury securities November 2016 -May 2017

Russian U.S. Treasury Holdings up 41% since October 2016 (+$34 billion); at Highest Level since September 2014. Chinese US Treasury Holdings are up $53 billion since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves. Japan, Brazil, Switzerland, UK, Saudi Arabia, India and France also boost holdings in 2017. Saudi Read More →

Russia Continues Gold Buying Spree in June

Central Bank of russia gold reserves june 2015-June 2017

Central Bank of Russia Continues to Boost Overall Reserves in June. Central Bank of Russia adds Gold and U.S. Treasuries to reserves. Central Bank of Russia added 300,000 Ounces (9.33 tonnes) of Gold To Reserves in June. Since June 2015, the Central Bank of Russia has added over 435 tons of gold to reserves. Russian Read More →

Bank of Italy Warns Against Creating Your Own Currency

Citizens Claim Right to Create Scriptural Euros. Citizens conjure Euros out of thin air, just like banks. You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate Read More →

Presidential Executive Order—Arrest and Imprisonment of Irresponsible Newspaper Reporters and Editors

Freedom of press

President issues executive order to arrest and jail “irresponsible reporters and editors” and seize their places of business. Fed Chair Strikes Dovish Tone in Congresssional Testimony. Trump Russian Collusion Theories Persist. Video Commentary to “President Orders Arrest & Imprisonment of Irresponsible Reporters & Editors” You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE Read More →

Is the U.S. Dollar Becoming the New Petro Dollar?

Annual U.S. Exports of Crude Oil 2006 - 2016

With OPEC oil cuts and U.S. oil production and exports surging, is the US dollar set to replace the Saudi- backed petro dollar? Is re-dollarization already underweigh? You can buy Bitcoin, Ethereum and Litecoin through Coinbase. Click HERE to open a coin base account and get $10 of free Bitcoin.* Check out all the Smaulgld Read More →

People’s Bank of China Gold Reserves Flat Again in June

People's Bank of China gold reserves 2009 - 2017

Peoples Bank of China Adds No Gold to Reserves Again in May. PBOC U.S. Treasury holdings on the rise. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for the fifth month in a row, up $3.22 billion in May, to $3.057 trillion. Read More →