Coinbase takes cryptocurrencies mainstream with Fidelity Investments deal; Raises another $100 million.
Trump Promises Fire and Fury on North Korea.
White Nationalists March in Charlottesville.
Getting Silver From Rice Fields.
Russia to invest in Bitcoin Mining
acchain alternative financial media story: It’s true based on what we dont know!
Video Commentary to “One Global Currency To Enslave Us All “
Top economic story:
Alt Financial Media Speculates Wildly on IMF/SDR Offering
Watch: One Coin to Enslave Us All
Start with a premise then find facts and omissions and speculate and present a speculator as an expert. Then, let the imagination and insistence that there is a scheme going on to “enslave humanity” (and therefore you need to buy gold) kick in and the followers of this “smart lady” repeat it and insist its true. Having established there exists a scheme, debunking it becomes the task of trolls.
The acchain ICO is Not an IMF Scheme
Anyone who has ever been involved even tangentially in markets knows that Americans are often excluded from offerings due to SEC registration requirements and liabilities under securities laws- its not something deeply suspicious designed to “prevent Americans from protecting themselves” (against the dangers of globablization that can only be mitigated by buying digitized TEA tokens from acchain)
Also referencing SDRs doesnt mean the company is involved with the IMF. Again, any one who knows just a little about SDRs knows that private companies dont issue them and the IMF no way no how would ever get the approval from 189 member companies to let a private company issue a SDR that would be globally traded – by every one but Americans – how is that a global currency? For more on SDRs see:
Fidelity and Coinbase
Fidelity to allow its customers to view their coinbase holdings through the Fidelity platform. Coinbase has 9.2 million account holders and has exchanged over $20 billion in Bitcoin, Ethereum and Litecoin.Fidelity has 67.9 million account holders at the end of the first quarter of 2017 and $2,207.3 billion under management and $6,014.1 billion under administration.
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*
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Gold and silver.
Gold closed last week at $1258.40 an ounce and closed this week at $1288.70 +2.4%
Silver closed last week at $16.24 an ounce and closed this week at $17.10 +5.3%
The gold and silver ratio ended the week at 75.36:1
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Tweets of the Week
Trump Fire and Fury
.@POTUS: "North Korea best not make any more threats to the U.S. They will be met with fire and fury like the world has never seen." pic.twitter.com/nUjWck9aGk
— Fox News (@FoxNews) August 8, 2017
Harrison Bergeron
https://twitter.com/Smaulgld/status/895095601515319296
https://twitter.com/Smaulgld/status/895994957361684482
Here are the stories we wrote, followed or commented on.
August 7, 2017
From Smaulgld.com
PEOPLE’S BANK OF CHINA GOLD BUYING PROGRAM REMAINED ON HOLD IN JULY
Gold
Flecks of gold could help fight cancers
Demystifying London’s Gold and Silver Vault Holdings
Payment in gold bullion banned under new law to combat tax evasion
Gold reserves to surpass 4,000 tons
Platinum
Platinum Rally Gathers Pace on Latest Russian Sanctions
Gold
25 kg gold bars seized at Bangladesh’s main airport
De-Dollarization
Moscow to cut dependence on U.S. payment systems: RIA
Moscow to Intensify Work on Cutting Dependence on Dollar as Payment Currency
Russia to reduce reliance on US dollar & payment systems in response to sanctions
Fed Chatter
From Zerohedge:
Bullard: the falling USD in 2017 is consequence of brighter growth outlook for Europe, expectations for “somewhat more hawkish” ECB
Bullard also sees Sept. as start for Fed balance sheet unwind – wont have big impact
BULLARD: HARD TO FIND EXPLANATION FOR U.S. LOW-INFLATION ERA
Kashkari: “if there’s a future crisis and we really need people to believe in us, we’ve earned and established that credibility”
Fed Securities Lending
Statement Regarding Securities Lending Small Value Exercise
August 8, 2017
From Smaulgld.com
PERTH MINT GOLD SALES TOP U.S. MINT GOLD SALES FOR FIFTH MONTH IN A ROW
US Mint Sales Update
U.S. Mint reported selling 110,000 American Silver Eagles and 500 American Gold Eagles today.
MTD American Silver Eagles sold 110,000 & American Gold Eagles sold 500
YTD American Silver Eagles sold 14,663,500/American Gold Eagles sold 156,000
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 0 American Gold Buffalo coins.
MTD 0 sold
YTD 71,000 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site and 20,000 Ozark National Scenic Riverways ATB coins. Total 75,000
Bitcoin
Putin’s Aide Seeks $100 Million to Rival China in Bitcoin Mining
US Economic Data
JOLTS job openings 6.163MM, Exp. 5.750MM
August 9, 2017
From Smaulgld.com
PERTH MINT SILVER SALES STURDY IN JULY
SWISS NATIONAL BANK CUTS MINING SHARES, BOOSTS UNICORN HOLDINGS‘
Bitcoin
Fidelity allows Coinbase account holders to view their balances on Fidelity platform
Gold
Gold Imports in India Double in July
India Allows MCX to Start Trading First Options Contract in Gold
Silver
Fed Chatter
St. Louis Fed President Bullard:
“I don’t see any recession on the horizon.”
“But you never know.”
“The Fed has been reluctant to target equity prices.”
August 10, 2017
From Smaulgld.com
INDIAN GOLD IMPORTS SURGE AGAIN IN JUNE
Gold
The Fed Has 6,200 Tons of Gold in a Manhattan Basement — Or Does it?
Silver
Indian Scientists Devise Novel Method to Extract Silver From Paddy
US Economic Data
PPI 1.9% Exp 2.2%
Initial Claims 244K, Exp. 240K
Fed Chatter
FED’S DUDLEY: DOES NOT EXPECT INFLATION TO GET BACK TO 2 PCT IN MEDIUM TERM
Dudley reinforces Fed expectation of U.S. inflation rebound
August 11, 2017
From Smaulgld.com
INDIAN SILVER IMPORTS SLOW IN JUNE
Gold
Crypto currencies
Coinbase raises another $100 million
US Economic Data
Core CPI 0.1%, Exp.0.2%
CPI 1.7%, Exp. 1.8%
Fed buys $5.2 billion of mortgage bonds, sells none
The Federal Reserve bought $5.161 billion of agency mortgage-backed securities in the week from Aug. 3 to Aug. 9, compared with $7.281 billion purchased the previous week, the New York Federal Reserve Bank said on Friday.
US Mint Sales Update
U.S. Mint reported selling American Silver Eagles and 4,000 American Gold Eagles today.
MTD American Silver Eagles sold 110,000 & American Gold Eagles sold 4,500
YTD American Silver Eagles sold 14,663,500/American Gold Eagles sold 160,000
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 2,000 American Gold Buffalo coins.
MTD 2,000 sold
YTD 74,000 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site and 20,000 Ozark National Scenic Riverways ATB coins. Total 75,000
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Donate To Smaulgld.com via paypal
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Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Sign Up For Smaulgld.com Updates Here!
Compare American Silver Eagles for sale at:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Donate To Smaulgld.com via paypal
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Compare American Silver Eagles for sale at:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
-----------------------------------------
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