China and Hong Kong Make The Case For Gold Alongside the OBOR

China and Hong Kong Make The Case For Gold Alongside the OBOR

In  yet another clear signal that we are going to see the adoption of Gold and the return of “sound money” in the new economic, political and social global paradigm shift ,we note that the Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is currently in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under the umbrella of China’s One Belt One Road Initiative (OBOR).

Read More

MOAR U.S. Sanctions Will Accelerate Moscow's Embrace of Cryptocurrencies and Blockchain

MOAR U.S. Sanctions Will Accelerate Moscow's Embrace of Cryptocurrencies and Blockchain

The Russian Analyst was surprised to learn this week that our nearly 60 year old mother-in-law, a former M.D. who works in medical HR, knows what bitcoin is. Moreover, she also knows that one bitcoin is now valued more in U.S. dollars than the spot price for an ounce of gold, and that BTC is a highly volatile asset. While our mother-in- law is not by herself a reliable barometer of what mostly apolitical Muscovites or millions of Russians who watch the same channels she does believe, she does demonstrate that Russians are curious about digital currencies in a low-trust society that mostly still prefers cash to plastic. 

Read More