Tuesday, 3 July 2018

Gold: The Big Reset Is Coming After Crypto Bubbles - Over 800 Cryptocurrencies Are Now Worthless.




We are getting closer to the moment when Bitcoin will finally show that there is no second comeback after the bubble burst. Gold will have its big reset - there is no substitution for gold. Gold is money. As we have discussed before, it is important who controls Bitcoin or any other cryptocurrency. With 800 cryptocurrencies being dead already you have a very good indication of "scarcity" and the matter of control becoming apparent once you can analyze who really controls exchanges. 

Facebook could be the best project to create complete population database and surveillance program on a truly massive scale and Bitcoin can be the next one for the nomination in diverting minds from the Solid Values, FED and money flows from Gold. 




Talking about Solid Values, another GEM asset which is at the core of GEM Royalty Co. portfolio held by TNR Gold is coming into play in the fast-moving geopolitical situation in the world. Gold. Gold is the Money and will always be. Development of another 1,000 "sure crypto plays" after bitcoin will finally point to the right and very simple question: how limited is the offer of all these scarcity-induced smoke-based Cryptocurrencies? 

$21 Trillion in US Debt and growing is showing the best uptrend line in the human history and will propel Gold to the proper level reflecting its fundamentals. The continued trend of extracting Gold Holdings from US FED and moving them back home by various countries is not in the headlines now, but the game of musical chairs is going faster with every new ton of Gold accumulated by China and Russia. This Gold is literally going out of circulation reducing the already needle-thin and very sharp base of the inverted pyramid supporting the financial system. 





Let's hope that banksters will continue to be creative and painful experience of the global recalibration of the World's financial system will still be an experience for all of us - mutual annihilation in the "designed to be just a small war for distraction" will be avoided.

Alaska is coming back in play as the best jurisdiction for the elephant style Gold deposits on the American soil. Barrick and Nova Gold are moving forward the giant Donlin Gold deposit and now the whole region play will bring the reevaluation for all players involved. 




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.

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.


TNR Gold Shotgun Gold Project: Gold In Alaskan Elephant Country - NovaGold And Barrick Hit 130.5m At 5.93g/t Gold.






This major Gold discovery in Alaska by NovaGold and Barrick Gold will not only put Alaska back on the radar screens of gold bugs and investors but can bring the long-expected turn around for the whole sector of gold mining and exploration companies.


Mining News:

TNR LOOKING TO JV SHOTGUN GOLD PROPERTY

"TNR Gold Corp. Feb. 2 said it is seeking a major gold mining company to become a joint venture partner on its Shotgun gold project in Alaska. 
Located about 110 miles of Donlin Gold and about the same distance northeast of Pebble, this property lies at the intersection of two trends known to host big deposits. 
TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of..."



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.



Fast Company:

That’s according to the website Dead Coins, which tracks ICOs of cryptocurrencies across the globe (via CNBC). The site has found that more than 800 cryptocurrencies are now worth less than a cent. That’s despite ICOs taking in $3.9 billion in 2017 and $11.9 billion in 2018 so far. So what are all these worthless cryptocurrencies? Many were scams or a joke or simply cryptocurrencies that failed to materialize.
But news isn’t much better for household name cryptocurrencies like bitcoin. The world’s best-known cryptocurrency has fallen 70% from its $20,000 high in 2017. Because of that–and the sheer number of other cryptocurrencies–many are starting to compare the cryptocurrency market to the dotcom bubble of 2000.