Crypto Regulation Cries Increase.
Trump Threatens Tariffs.
Petro Yawn Coming Soon.
Regulatory filings indicate banks identifying Cryptos as a threat.
Georgia lawmakers propose that taxes can be paid in Bitcoin..
The Gold Silver Ratio Hovers Around 80:1.
New! 1oz Silver Bullion Cryptocurrency Rounds .999 Fine!
Litecoin Silver Rounds
Bitcoin Silver Rounds
Ethereum Rounds
Monero Silver Rounds
ZCash Silver Rounds
Ripple Silver Rounds
NEO Silver Rounds
Watch the Video Commentary to “Goldman Sachs Backed Entity Buys Cryptocurrency Exchange Poliniex”
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 To Smaulgld.com via paypal
Gold and silver.
They are figuring out something today https://t.co/4YeYR7C76C
— Smaulgld (@Smaulgld) February 27, 2018
The market is a very slow learner… https://t.co/7Y4l2xWG4K
— Smaulgld (@Smaulgld) February 27, 2018
Gold closed last week at $1328.20 an ounce and closed this week at $1322.60 -.04 %
Silver closed last week at $16.50 an ounce and closed this week at $16.50 0.0%
The gold and silver ratio ended the week at 80.38:1
There is no “historic” gold silver ratio that must be regained.
The gold silver ratio was dramatically impacted from 1934-1974 because the price of gold was SET at $35 by the Gold act of 1934. Even so the gold silver ratio averaged about 40-1 from 1915-1971.
They mine ten times more gold than platinum. How come platinum is not 10x the price of gold- because relative rarity is NOT the sole determinate of price.
A gold silver ratio of 16-1 was set as a political accommodation in the 18th century in order to establish a bi-metallic standard, it wasn’t market driven.
Gold and silver are not the same metals, they have different properties and different uses. Relative rarity is not the only determinate in arrive at price.
Silver is a spike and dive metal.
Donate To Smaulgld.com via paypal
Please consider making a small donation to Smaulgld.com. Thanks!
Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Moronica this week
Smaulgld’s Moronica This Week – March , 2018
Too Big to Fail Banks and Bitcoin
Bank of America is worried about the threat of #cryptocurrency to its business https://t.co/XS0s59ic5t
— Smaulgld (@Smaulgld) February 26, 2018
As I have been saying the Big Banks want their cut of the crypto trading fees:
How a Goldman Sachs-backed cryptocurrency startup could create a Wall Street-style financial powerhouse https://t.co/5nKSdJamki via @FortuneMagazine#bitcoin #litecoin #ethereue,— Smaulgld (@Smaulgld) February 26, 2018
Goldman Sachs now owns a big stake in Circle/Polineix a global money transfer agent and crypto exchange operating in 100 countries.
Remember Fidelity Investments is eyeing this space too.https://t.co/2mImh0J9gc#bitcoin #litecoin #ethereum https://t.co/XDmrJPXi97— Smaulgld (@Smaulgld) February 27, 2018
Dollar Collapse!
The New Petro Dollar – Backed by US OIL China's Sinopec to import more than 10 mln tonnes of U.S. crude oil in 2018 https://t.co/dhCZNPiheB
— Smaulgld (@Smaulgld) February 26, 2018
The New Petro Dollar – Backed By U.S. Oil – U.S. to overtake Russia as top oil producer by 2019 at latest: IEA https://t.co/kDpCcXkzSg
— Smaulgld (@Smaulgld) February 27, 2018
Uncle Sam’s trillion-dollar customer is having its doubts https://t.co/ZDtuHwzlfb
— Smaulgld (@Smaulgld) February 27, 2018
Lest we forget in all this Petro Yawn nonsense
US set to be world's largest oil producer- and major oil exporter to Chinahttps://t.co/sr8ylKScQ5
US exports massive natural gas to Chinahttps://t.co/cagBYSzcCp— Smaulgld (@Smaulgld) February 28, 2018
AND
Texas shale challenges North Sea crude as world oil benchmark https://t.co/tB0QUdeYq2#GAMECHANGER !— Smaulgld (@Smaulgld) February 28, 2018
The New Petro Dollar – Backed By U.S. Oil
U.S. crude oil production hit record high in November: EIA https://t.co/Xj9yCFyjhr— Smaulgld (@Smaulgld) March 1, 2018
AND
Texas shale challenges North Sea crude as world oil benchmark https://t.co/tB0QUdeYq2#GAMECHANGER !— Smaulgld (@Smaulgld) February 28, 2018
Dow plunges 550 points after Trump says steel and aluminum tariffs coming next week https://t.co/ImmJFZuEeG
— Smaulgld (@Smaulgld) March 1, 2018
The Petro YAWN story is nonsense- & has NOTHING to do with #Gold
Consider- The New Petro $ will be backed by US Oil
1 U.S. to overtake Russia as top oil producer by 2019 https://t.co/sr8ylKScQ5
2. US is major Oil & Nat Gas exporter to China/World https://t.co/cagBYSzcCp
and..— Smaulgld (@Smaulgld) March 3, 2018
3. Texas shale challenges North Sea crude as world oil benchmark https://t.co/tB0QUdeYq2 –
Only those with Gold Derangement Syndrome see the Petro YAWN having anything to do with #gold— Smaulgld (@Smaulgld) March 3, 2018
Turning Point
Maybe Sessions has been working all the while Trump has been tweeting? https://t.co/w1nHr7EuQw
— Smaulgld (@Smaulgld) February 27, 2018
Trump plans to institute 25% steel and 10% aluminum tariffs https://t.co/O55IJlPLNn
— Smaulgld (@Smaulgld) March 2, 2018
X22
Trump is doing what I expected all along-take credit for the stock market while its going up while focusing on his own agenda to bring manufacturing back to the US. If and when the stock market corrects or collapses he will shift to saying the stock market is not the economy -look at all the protectionist jobs I created. His “base” will have those jobs and not give much of a hoot about the stock market. Meanwhile most of his political enemies the “coastal elite” will suffer from a stock market decline.
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!
— Donald J. Trump (@realDonaldTrump) March 2, 2018
Nationalism beats globalism when appeal is to the people's national interest as there are far more people w/ local/national interest than global interests.
When a leader says "our interests in S.E. Asia are at risk", the average American thinks "I have no interests in S.E Asia"— Smaulgld (@Smaulgld) March 2, 2018
Tariffs
IMF likely to damage the US:
Donald Trump steel tariff plans 'likely to damage US economy' -IMF Warns https://t.co/Q2laelymhX— Smaulgld (@Smaulgld) March 3, 2018
IMF likely to damage the US:
Donald Trump steel tariff plans 'likely to damage US economy' -IMF Warns https://t.co/Q2laelymhX— Smaulgld (@Smaulgld) March 3, 2018
When a country Taxes our products coming in at, say, 50%, and we Tax the same product coming into our country at ZERO, not fair or smart. We will soon be starting RECIPROCAL TAXES so that we will charge the same thing as they charge us. $800 Billion Trade Deficit-have no choice!
— Donald J. Trump (@realDonaldTrump) March 2, 2018
If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S. They make it impossible for our cars (and more) to sell there. Big trade imbalance!
— Donald J. Trump (@realDonaldTrump) March 3, 2018
This isn't a static game. The tariffs, threats of tariffs will not stick, they are merely bargaining chips in the renegotiating of trade agreements. https://t.co/P65jxbqwRi
— Smaulgld (@Smaulgld) March 3, 2018
Tariffs may be a better way of funding govt than issuing more USTs -instead of borrowing more from foreigners and having to pay them back, tariffs make them pay up front.
Consider:
Before the U.S Federal income tax, the Federal government was funded by tariffs— Smaulgld (@Smaulgld) March 3, 2018
if the US runs out of foreign UST buyers the Fed will step in and print to buy them. Tariffs are a source of revenue
— Smaulgld (@Smaulgld) March 3, 2018
yes they do. But you have a choice whether to buy the goods- with income tax you have no choice – ditto for QE inflation you pay
— Smaulgld (@Smaulgld) March 4, 2018
Tariffs, while contra to free market principles, may help curtail anti free market activities like gov't subsidies/uneconomic make work infrastructure/RE projects. Tariffs also obviate need to issue debt to foreigners as they are direct rev source-no need to pay back @dlacalle_IA
— Smaulgld (@Smaulgld) March 4, 2018
The QUAD
A four-nation alliance may be rising to counter China's Belt and Road https://t.co/82R7qiHei3 #GameChanger
— Smaulgld (@Smaulgld) February 27, 2018
What could be worse than Belt and Road? A copy of Belt and Road https://t.co/YX9qAQlDHL
— Smaulgld (@Smaulgld) February 27, 2018
China’s Vision of Peace and Harmony Through Trade and Sound Money and GOLD!
certainly a variation is possible- but usually when a competitor is digging a hole you let him dig- in this case they may help them
— Smaulgld (@Smaulgld) February 26, 2018
Why not!
China To Change Constitution, Allowing Xi To Stay In Power Forever | Zero Hedge https://t.co/gVlk0TG7Al— Smaulgld (@Smaulgld) February 26, 2018
PBOC INJECTS NET 150B YUAN IN OPEN MARKET OPERATION
— zerohedge (@zerohedge) February 26, 2018
China corruption punishments jump 44% in January https://t.co/vzCVaHNe6m
— FT China (@ftchina) February 26, 2018
But #Gold Backed Yuan? Pakistan, Nepal, Myanmar+Back Away+From+Chinese Projects https://t.co/iZNJbAuT9H
— Smaulgld (@Smaulgld) February 27, 2018
Blame pollution
Quick print more Yuan and make more stuff no one needs -Chinese manufacturing activity hits 19-month low in February https://t.co/Hwt8pc2iIp
— Smaulgld (@Smaulgld) February 28, 2018
BRICS – Brazil, Russia, India, China & South Africa
India
Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens | Zero Hedge https://t.co/KZFMRcLS6d
— Smaulgld (@Smaulgld) February 28, 2018
India regains status as fastest growing major economy https://t.co/DOoVGaSWtk
— BGASC.com (@BGASC_Metals) February 28, 2018
Cobalt is SOOOO Important
Cobalt
Apple rushes to seal cobalt deals as shortage fears deepen https://t.co/jWdxpimXTq pic.twitter.com/1q5v4bAfUr
— Nikkei Asian Review (@NAR) February 27, 2018
Cryptocurrencies
Iran becomes latest rogue state to develop its own #cryptocurrency https://t.co/5155XeywfV
— Smaulgld (@Smaulgld) February 26, 2018
Regulation of #cryptocurrencies means more institutional money can feel comfortable investing = greater demand =
— Smaulgld (@Smaulgld) March 2, 2018
Primary reason people own cryptocurrencies
— Smaulgld (@Smaulgld) March 2, 2018
Litecoin is Life
https://twitter.com/SatoshiLite/status/967804050765828102
#Litecoin was the top performing #cryptocurrency in February – https://t.co/FcHnzqH9cB
— Smaulgld (@Smaulgld) March 1, 2018
#Litecoin To Surpass #BCash This Year https://t.co/Sb4mE6ULRd
— Smaulgld (@Smaulgld) March 1, 2018
Bitcoin
Struggling #bitcoin will double by mid-year, Wall Street's Tom Lee says https://t.co/0euPorTewt
— Smaulgld (@Smaulgld) February 28, 2018
Gambler's Heaven!#Bitcoin Gambling Site Now Accepts #BCash, #Ethereum, #Litecoin & #Doge https://t.co/4dnOZiRkGw The Doge option is the real bonus!
— Smaulgld (@Smaulgld) March 1, 2018
From "the Failing NY TImes"#Bitcoin a Waste of Electricity, or Something Worse? https://t.co/f34HV5dhTi
— Smaulgld (@Smaulgld) March 1, 2018
L.A.'s real estate industry enters the age of #Bitcoin https://t.co/dbxHhpz8zr
— Smaulgld (@Smaulgld) March 1, 2018
This $1 Trillion Money Manager Just Joined the Crypto Frenzy https://t.co/dz4kHVFJJq #bitcoin #litecoin #ethereum
— Smaulgld (@Smaulgld) March 2, 2018
Crypto Regulation
And Now Georgia:
Georgia Lawmakers Propose Tax Amendment That Allows #Bitcoin Payments https://t.co/YXDcidIlAm via @BTCTN— Smaulgld (@Smaulgld) February 26, 2018
KTB shuts down crypto trade accounts | Bangkok Post: news https://t.co/IVgKirSU5B
— Smaulgld (@Smaulgld) February 27, 2018
B/c regulators want to ban cryptos and arrest everyone! The Crypto-Futures Revolution Is Just Starting https://t.co/m9LgHzhWGd
— Smaulgld (@Smaulgld) February 28, 2018
All the Ways Regulators Plan to Tame #Bitcoin https://t.co/yUUSljDiGY
— Smaulgld (@Smaulgld) February 28, 2018
#Bitcoin-Futures Regulator CFTC Clears Employees to Trade Crypto Coins https://t.co/0cqm564aSQ
— Smaulgld (@Smaulgld) February 28, 2018
Israeli Supreme Court Prohibits Banks From Restricting Crypto Activity In Landmark Decision https://t.co/v4kAz3Ia4D
— Smaulgld (@Smaulgld) February 28, 2018
We don’t ban assets
#Bitcoin is 'something regulators need to deal with but not ban,' says former FDIC chair https://t.co/YhPS2qKUvp
— Smaulgld (@Smaulgld) March 1, 2018
In January, the Former Chair of the FDIC Sheila Bair also said – "We don't ban assets" https://t.co/5NmSTCAeX7
— Smaulgld (@Smaulgld) March 1, 2018
Israeli Supreme Court Orders Bank Leumi Not to Block Bits of Gold’s Activities https://t.co/rKqRUrXKbn via @themerklenews
— Smaulgld (@Smaulgld) March 1, 2018
Germany Won’t Tax Cryptocurrencies Used To Make Purchases https://t.co/mKHWsitWrY via @Cointelegraph
— Smaulgld (@Smaulgld) March 2, 2018
BOE’s Carney – regulate, not ban cryptocurrencies like china #bitcoin #litecoin #ethereum https://t.co/mjE1QI5Kqi
— Smaulgld (@Smaulgld) March 2, 2018
Central Banks and Cryptocurrencies
Gold has served its role in society for 1000s of yrs bc you can’t go in your basement and cook up more gold. The barriers to entry for new crypto coins is zero. There are more than 1400 types. They’ve become a joke bc anyone can make a new coin.
— Neel Kashkari (@neelkashkari) March 1, 2018
BOE’s Carney Calls for Regulation to End Crypto Anarchy https://t.co/PygfDwV46D -pledges end of anarchy of printing of £s to buy bonds?
— Smaulgld (@Smaulgld) March 2, 2018
Kuroda Shocks Markets Hinting At QE End; Nikkei, USDJPY Tumble https://t.co/QtT6GQWpHf
— zerohedge (@zerohedge) March 2, 2018
BOE's Carney “The best of the cryptocurrencies will gravitate to the best of the exchanges, if they are regulated, and others will fall by the wayside" (note the regulate, integrate co-opt tone) https://t.co/0SbX2JCWdo via @technology
— Smaulgld (@Smaulgld) March 3, 2018
BOE's Carney "cryptocurrencies point the way in many respects to the future of money.” https://t.co/0SbX2JCWdo #bitcoin #litecoin #ethereum
— Smaulgld (@Smaulgld) March 3, 2018
Gold
Scotiabank says it will keep metals trading business https://t.co/B0R9RqajSf#gold #silver
— Smaulgld (@Smaulgld) February 27, 2018
2017 Indian Gold Imports Were 4 Times Those of Russia's 2017 Record Gold Reserve Additions https://t.co/5BUorMMyG8 #BitChute
— Smaulgld (@Smaulgld) March 1, 2018
Texas Endowment to Review $1 Billion Gold Position, New CEO Says https://t.co/S7edXKRx9a via @markets
— Smaulgld (@Smaulgld) March 1, 2018
Where's the rainbow? Workers find pot of #gold from 15th century https://t.co/WBVIY0m8mk
— Smaulgld (@Smaulgld) March 1, 2018
Chasing the Myth of Confederate #Gold. Read More https://t.co/IAkuemG0rX via @History
— Smaulgld (@Smaulgld) March 1, 2018
Silver
Could Scientists Use #Silver Iodide to Make Snow for the Olympics? https://t.co/VesUqv0SXV via @WIRED
— Smaulgld (@Smaulgld) February 20, 2018
You know you have SDD- #Silver Derangement Disorder when you cheer on a major bottom after holding for 6 yrs listening to/believing BS stories about Silver $600, Silver Shortages, unsustainable GSRatio, Comex Collapses while every other asset on earth has gone higher.#GAMECHANGER https://t.co/9HHWbZBsPN
— Smaulgld (@Smaulgld) March 2, 2018
Bitcoinpumper.com
#Bitcoin, blockchain and cryptocurrencies will change the world, says DRW's Wilson -Crain's Chicago Business https://t.co/9RzPWYj3Wv
— Smaulgld (@Smaulgld) February 26, 2018
Goldpumper.com
or Gold Derangement Syndrome
.@chigrl but yuan denominated oil futures contract gold triangle stand on your head gold derangement syndrome will end dollar hegemony LOL
— Smaulgld (@Smaulgld) February 27, 2018
Silverpumper.com
It never gets tired!
Keith Neumeyer Doubles Down On Triple Digit #Silver Call – Kitco https://t.co/IIFTfLSU9b— Smaulgld (@Smaulgld) March 1, 2018
Found Gold!
Goldworking in the ancient Americas https://t.co/7SO8K01cRV via @WSJ
— Smaulgld (@Smaulgld) February 27, 2018
Stolen Gold
Smuggled and Seized Gold
Central Banks
Ingves: Riksbank Has Ammunition Even in an Economic Downturn.
“We can always create more money,” Ingves said
— zerohedge (@zerohedge) February 28, 2018
Too Big To Fail Banks
JPMorgan Joins BofA in Quiet Warning: Crypto Could Disrupt Banks https://t.co/laAA5US5IB via @markets
— Smaulgld (@Smaulgld) March 1, 2018
For the first time, JPMorgan Chase is admitting #cryptocurrency poses a threat to its business https://t.co/B9fsmNzace via @FortuneMagazine #Bitcoin #Litecoin #Ethereum
— Smaulgld (@Smaulgld) February 28, 2018
BOFA also made a similar warning
War on cash
Swedes now at risk of losing access to cash in parts of country https://t.co/ZjhgtGrW4R via @markets
— Smaulgld (@Smaulgld) February 28, 2018
Federal Reserve
US Mint Sales
US Mint sales ended the week at February 24, 2018
one ounce American Gold Eagles
American Silver Eagles
American Gold Buffaloes
US Economy
Tesla to Lose Federal Tax Credit Sometime This Year – 24/7 Wall St. https://t.co/tVpmvW2qjm via @247WallSt
— Smaulgld (@Smaulgld) February 26, 2018
U.S. Conference Board’s consumer confidence at 17-year high of 130.8 in February
— Daniel Lacalle (@dlacalle_IA) February 27, 2018
U.S. Slaps Duties on China Aluminum Foilhttps://t.co/bXzSKC05o6
— Smaulgld (@Smaulgld) February 28, 2018
“Consumer Confidence in February Highest Since November 2000” https://t.co/UgAJRawExx
— Donald J. Trump (@realDonaldTrump) March 1, 2018
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
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
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:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
-----------------------------------------
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.