Rogers says gold is having a “long-overdue correction,” which he warned about long before the precious metal’s plunge last month. He says he would start to be concerned that this was more than just a correction if gold drops to $800 or $600 an ounce. But, as he’s said before, he would buy more gold at $1300 and $1200 an ounce.
Treasury’s anti-money laundering unit, the Financial Crimes Enforcement Network (FinCEN), in March issued guidance that dubbed digital currency exchanges money transmitters, a finding that obliged such businesses to register with FinCEN and obtain any mandated state licenses.
US seizes Bitcoin operator accounts (Arthur Robey)
A form of “e-money,” Bitcoin is made of strings of dazzlingly complex code, written in such a way that it becomes increasingly difficult to generate new Bitcoins, with the number in circulation designed to eventually top out at 21 million.
Originally worth less than a cent, the value peaked during the Cyprus financial crisis at $266. On Friday the price listed on the Blockchain website was $118.
People do not like to stand up and say so when this sort of divergence happens, because rising markets tend to make such warnings look foolish. And economists can find a rationalization for almost anything in the manner of lawyers and other breeds of sophists.
How Student Loans Became a $120 Billion Government Bonanza (Arthur Robey)
“As the pomp of graduation fades, many college graduates become keenly aware of their financial circumstance: in debt,” Ernie Almonte, chairman of the National CPA Financial Literacy Commission of the American Institute of CPAs, said in a statement. “They start out with an anchor that slows their progression toward future goals. It’s a difficult reality confronting a growing number of people.”
The question few people think to ask is, Who had it inserted? The NWO works in mysterious ways. but always lethal to the interests of the remaining 99.5%
The company is controlled by Charles and David Koch, wealthy industrialists who back a number of conservative and libertarian causes including activist groups that challenge the science behind climate change. The company sells the high-sulfur, high-carbon waste, usually overseas, where it is burned as fuel.
Gold & Silver
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