Wednesday, 17 January 2018

Even Golden Bubbles Are Made Out Of Bubbles. The Economist: Tales From The Crypto - The Rise And Fall Of Bitcoin.




You will read a lot about Bitcoin during the next few days. Some people will be telling you that they have sold at the top, others will be falling down silently behind the soundproof office windows. There is only one true Gold in this world. Everything else which is manufactured by humans will be corrupted in the end. It will be replicated, duplicated and fabricated. This is just the human nature. Gold stands above it. You either have Gold or you do not have it. Everything else is a vapour.

Everything else is just the debt, IOU, claim on something down the chain, derivative from something that is lost, that used to be solid. And the fewer people can really understand it, the higher it can go. Nobody can admit that they do not have a clue. And even blockchain can't help it here. Bitcoin was ALMOST like Gold when it was just created, but with other hundreds of cryptocurrencies being made, it will never be Gold again. When does every bubble burst? When the Trust is gone. Whether it has happened today everybody will decide for themselves. And yes, even Golden bubbles are made just out of Bubbles. 


The Economist.


The Economist:


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Shotgun Gold


Property Geology

Mineralization described on the Shotgun Gold project shares several key similarities both in timing and style of mineralization with that of the Donlin Gold project as well as other reduced intrusion-related gold systems within the Kuskokwim Gold Belt, which is included in the prolific Tintina Gold Province.

One of the founders of NovaGold Greg Johnson is on the Board of TNR Gold. We are working on attracting one of the major gold mining companies as our partner to develop Shotgun Gold.

Mineral Resources

TNR commissioned GeoVector Management Inc. (“GeoVetor”) to produce a resource estimate on the Property in 2013. Geovector reported an Inferred Resource of 20,734,313 tonnes at 1.06 grams per tonne (“g/t”) gold for a total of 705,960 ounces gold (“Au”) using a 0.5 g/t Au cut-off grade (news release issued on April 22nd, 2013 and filed on SEDAR).

The main target at Shotgun is an intrusion-related gold system within the western extent of the Tintina gold province, Alaska.

We are looking for a strategic partner to advance this project. Alaska is back to business now, projects are moving forward and gold price above $1,300 will make our phone red-hot again.  There is already a substantial interest from financial institutions to Shogun Gold project.

Our new presentations are published on all our projects and you can find them on TNR Gold website.





LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.






Please Note that TNR Gold Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.