As Some Firms Defy SEC, Overstock Is Set To Cash In On "Wild West" ICOs
The Securities and Exchange Commission roiled the blockchain industry last week when it announced that so-called Initial Coin Offerings are considered securities offerings. While some firms are...
View ArticleEstimated Chinese Gold Reserves Surpass 20,000t
Submitted by Koos Jansen, BullionStar.com.My best estimate as of June 2017 with respect to total above ground gold reserves within the Chinese domestic market is 20,193 tonnes. The majority of these...
View ArticleBitcoin ETF-Approval Odds "Are Way Up", Analyst Says
One of Wall Street’s first bitcoin analysts believes the chances that the SEC will approve the first bitcoin exchange-trade fund by the end of 2018 have improved substantially since the agency rejected...
View ArticleLBMA London Gold Vault holdings - How Low Can You Go?
Submitted by Ronan Manly, BullionStar.comThe London Bullion Market Association (LBMA) has just released a first update on the quantity of physical gold and silver holdings stored in the ‘LBMA’ London...
View ArticleHow Many Gold Bars Do London Vaults Hold
This week for the first time - in the name of "transparency" - the London Bullion Market Association unveiled that as at 31 March, 2017 there were 7,449 tonnes of gold, or 596,000 gold bars, valued at...
View ArticleMysterious Trader With "Nearly Unlimited Bankroll" Said To Manipulate,...
It was over three years ago, back in May 2014, when we wrote "How Bots Manipulated The Price Of Bitcoin Through "Massive Fraudulent Trading Activity" At MtGox" in which we first demonstrated one of the...
View ArticleGold Price: USD 65,000/oz in 5 years?
Financial market prices are generally set by the trading venues which command the highest trading volumes and liquidity. This is also true of the gold market where the venues with the highest gold...
View ArticleAlpha Z Advisors offers an alternative to options investing
(GLOBALINTELHUB.COM) — Dover, DE 8/8/2017 — Global Intel Hub exclusive interview — Elite E Services sat down with Mike Connor, Principal and Senior AP of Alpha Z Advisors, LLC – a trading advisor...
View ArticleNow You Can Be As Cool (& Short Credit) As Carl Icahn
Authored by Kevin Muir via The Macro Tourist blog,I know all the cool kids like to quote Nassim Taleb and give dire warnings about the coming collapse of risk assets, but I must have too many years of...
View ArticleSoros' Worst Trade
Authored by Kevin Muir via The Macro Tourist blog,There is this Canadian rock star who retired a few years back and took up hosting an afternoon drive-home radio show on a local Toronto station....
View Article"I Hear Drake Has An ICO Coming..."
Authored by Kevin Muir via The Macro Tourist blog,When you see the waft of ICO’s (Initial Coin Offerings) hitting the market, you have to ask yourself what these “investors” are smoking.Let’s put aside...
View ArticleThe 1% Has Started To Embrace Bitcoin - Why It Matters
Authored by Mike Krieger via Liberty Blitzkrieg blog,Other than widespread fascination over its meteoric price rise, much of the discussion around Bitcoin in 2017 has revolved around questions over the...
View ArticleBitcoin Crashes 35% In China: Beijing To Shut All Local Exchanges By End Of...
Update: Confirming the other speculation, that China would halt all cryptocurrency exchange, Yicai reports that it is not just BTC China: CHINA MAY SHUT ALL LOCAL BITCOIN EXCHANGES BY SEPT. END:...
View ArticleBIS Finds Global Debt May Be Underreported By $14 Trillion
In its latest annual summary published at the end of June, the IIF found that total nominal global debt had risen to a new all time high of $217 trillion, or 327% of global GDP... ... largely as a...
View ArticleCredit, Crypto, & Kuroda's "Bat-Shit-Crazy Monetary Expansion"
Authored by Kevin Muir via The Macro Tourist,Today’s post will be about Japanese yen vol, but I am sure to bore some readers with that topic, so I am starting with something a little more interesting....
View ArticleBitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter
Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges.It didn't...
View ArticleEthereum Goes Mainstream: First Ever Ether ETN Launched On Nasdaq Stockholm
At a time when the SEC is still debating whether to permit bitcoin-based ETFs in the US, Europe has been one step ahead thanks to the Swedish-based XBT Exchange Traded Notes (from provider CoinShares)....
View ArticleRay Dalio Is Shorting The Entire EU
Authored by Raul Ilargi Meijer via The Automatic Earth blog,A point BOE Governor Mark Carney made recently may be the biggest cog in the European Union’s wheel (or is it second biggest? Read on). That...
View ArticleLedgerX Trades Over $1 Million In Bitcoin Options And Swaps In First Week
Bitcoin derivatives clearinghouse LedgerX has announced that the first bitcoin derivatives trades have taken place on its platform - an important milestone for the nascent digital currency market that...
View ArticleTo Satisfy Soaring Bitcoin Demand, China's Exchanges Find A Loophole
It’s been nearly two months since Chinese cryptocurrency exchanges were abruptly shuttered by local regulators, part of President Xi Jinping’s ongoing crackdown on capital outflows and potentially...
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