What is the Bitcoin Halving? About every four years or more specifically every 210,100 blocks, Bitcoin networks’ issuance rate is cut in half. This is known as the Bitcoin Halving. There have already been two Halvings since Bitcoin’s inception. The first was in 2012, and the second
5 Junior Gold Mining Stocks Eric Sprott Was Busy Buying in 2019 – The Next Kirkland Lake Gold?
In our last article, we covered 7 Junior Silver Mining Companies that Eric Sprott Invested in During 2019. Those stocks have performed very well in 2019 and should have an even better year in 2020. In this article, we will look at 5 Junior Gold Mining Stocks that Mr. Sprott was busy buying in
7 Junior Silver Mining Companies that Eric Sprott Invested in During 2019
Billionaire Eric Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver. He advised investors to buy gold before the 2008 financial crash, which proved prescient. The gold price went on to double in three years or nearly triple from
3 Dire Consequences from Negative Interest Rate Policy
In September, former Fed chairman Alan Greenspan said that it’s “only a matter of time” before negative interest rates come to America. And this week, President Trump made the statement, “I want some of that money,” referring to the negative interest rate policy (NIRP) of several European
If History Repeats, Gold is Headed to $8,000
The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breakout above $1,360 this
Germany Increases Gold Reserves for the First Time Since 1998!
The latest IMF data shows that Germany increased its gold reserves during the month of September. While the increase of 90k ounces of gold ($135 million worth) is not significant to their 108 million ounce total, this does mark the first time the German Central Bank has added gold to its reserves in
The Most Undervalued Cannabis Stocks in 2019
Cannabis markets haven’t been doing so well lately. There has been an industry-wide correction that is still in play after the mania that took place in 2018. We remain bullish on the sector in the long-term as the industry matures and more states legalize cannabis. And right now, there’s an
Drop Gold, Buy Bitcoin?
The cryptocurrency company Grayscale has launched a multi-million dollar marketing campaign imploring investors to drop gold and buy bitcoin. It is a slick video and the campaign is getting plenty of attention, but does it make any sense? The “Drop Gold” campaign kicked off Wednesday and features