So here it is, one of the biggest hurdles for the development of the Bitcoin ecosystem is the still present regulatory vacuum which makes traditional financial institutions wary of companies related in any way to cryptocurrencies.
It's no surprise that Stephan Bogner advises investors to hold physical metals outside the banking system, but he also advocates mining companies keeping gold on their balance sheets and forming a cartel.
Many are familiar with the option of keeping precious metals in an IRA. Those who understandably refuse to take the penalty for cashing out in order to take full personal possession now have the next best option and a way to get control of their metal.
In the last month or so I have noticed a pick-up in the amount of Canadians signing up to buy gold bullion or invest in physical silver. It makes you wonder what kind of state Mark Carney has left the economy in, especially as he’s now over here charming the masses.
Gold juniors need to get back to the basics, says Eric Coffin, and it is going to take large discoveries to get the market excited again. In this interview, he explains how the new economics of gold production require investors to concentrate on companies with three specific qualities.
Now is the time to be brave, to buy when everyone else is selling, advises Stephan Bogner, analyst with Rockstone Research and CEO of bullion dealer Elementum International. Content to go against the grain, Bogner believes investors should be 100% invested in precious metals.
It has been obvious for some time that banks in many jurisdictions are insolvent and that they are simply too big for governments to rescue. It should come as no surprise that central bankers have been considering how to deal with this problem and that they have resolved a solution.