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With Bitcoin having faced regulatory pressures in Turkey and China, investors are concerned if more regulations will be placed on the cryptocurrency in the U.S., especially now that the newly appointed Chair of the SEC, Gary Gensler, has announced that new regulations will be on the way.
Former Congressman Ron Paul said that Bitcoin is a form of money, and money should not be regulated.
“Right now, if you buy and sell gold, you get it taxed, they can do that. If you make a profit in Bitcoin, you read stories about people being taxed on it. You can’t tax money, you don’t tax it. If you bought a dollar a year ago and it went down 10%, you can’t take a loss because your dollar lost value,” Paul told Michelle Makori, editor-in-chief for Kitco News.
0:00 – Inflation
4:24 – Fed monetary policy
11:20 – Fed audit
14:23 – Monetary system collapse
16:40 – Bitcoin as an alternative asset
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Silver Lining in the Silver Trade – Finding Out What Drives Silver Prices
Like all precious metals, silver is no different and can easily be used as an investment. For many centuries now, silver has been used as a common form of trading, and to store value. However, since silver has been taken off the silver standards, silver has lost its role as legal tender in the US, but continues to be traded as precious metal.Buying Gold Bullion and Gold Coins
Is buying gold online safe? Should you be buying gold now or is it too late? What kind of gold is the best to buy?How to Invest in Gold and What You Need to Know
If you want a simple answer on how to invest in gold then it really can come down to it simply being about what you’re most comfortable with, the way that just sits right for you. There really are so many ways to invest in this metal that it would be difficult to prove that one way is more superior than the other.What Makes Canadian Gold Coins So Special?
When anyone begins to think about Canadian gold coins it’s almost guaranteed that the Canadian Maple Leaf will come straight to mind. The Canadian Maple Leaf coin consists entirely of Canadian sourced gold.Why Invest in Gold – Why You Should Buy Gold
Why invest In gold is a common question that more and more people are asking today. With interest rates at all time lows and the United States economy in a recession, people are looking at alternative stores of value other than paper currency.Silver Prices in the Near and Long Term
In spite of the economic uncertainties, silver has continued to hold strong so far this year, and going forward silver prices should do really well. And even though gold has been somewhat slow this year, we’ll begin to see that start to increase in the latter part of the year, but even so, silver should continue to outperform it.Gold – Take Stock – Doth it Slumber Or Awaken?
Gold has been the store of value for centuries. The dollar has been eroded violently as of late, and gold will again reassert its rightful place as money.What is Gold Stock Trading and Could it Be For You?
Gold stock trading takes two major forms these days: They come in the form of ETFs and futures contracts. ETFs, or Exchange Traded Funds, are one inexpensive way for investors to get into stock trading centered around this precious metal.Understanding the History of the American Eagle Gold Coin
The history of the American Eagle Coin has started way back in 1848, during the time of the California Gold Rush. This first existence of this coin can also be traceable back when gold was first discovered in the renowned Sutter’s Mill.The Value of Gold Bars
Gold bar value depends on the prevailing market price of gold at a particular time. Prices always vary as dealers cost and profit with some tax if applicable are added up to the manufacturing cost.