by SGT, SGTreport.com
Earlier this evening Ethereum hit $350 on Coinbase.com - and a new report from Andrew Maguire via King World News suggests a momentous event in the gold market is only 26 days away, which begs the question, as the cryptos continue to soar is a gold and silver price explosion coming next?
In this must hear interview with King World News Andrew Maguire describes how the criminal activity on the Comex is leading to a market event in which PHYSICAL gold will be sorely lacking for those who stand for delivery. Maguire claims that a "major event" will occur in just 26 days - an event that Maguire claims will send the gold price far higher.
Listen to the interview for yourself here:
Andrew Maguire – Major Event To Create Massive Gold Price Surge In 26 Days!
http://kingworldnews.com/andrew-maguire-major-event-to-create-massive-gold-price-surge-in-26-days/
Back to Ethereum. The price action in the second most desired (by market cap) crypto has been on an absolute tear in recent weeks, up more than 200 percent in just the past month alone.
Adding to the excitement in the ETH story is the astounding fact that Russian President Vladimir Putin and the founder of Ethereum Vitalik Buterin recently met to discuss the ETH technology.
According to Bloomberg, Like other central banks, the Russian one is testing blockchain technology: Last year, a consortium of large Russian banks it formed for the purpose processed the first transactions through the Etherium platform. With Putin's support, which means everything in today's Russia, the central bank, run by Putin favorite Elvira Nabiullina, can more aggressively move the country's financial sector to the blockchain.
You should read the entire article, A Vast Blockchain Experiment Could Change Russia, here:
https://www.bloomberg.com/view/articles/2017-06-06/ethereum-could-change-russian-banking-and-government
As the cryptocurrency story continues to unfold, and Ethereum closes in on Bitcoin for the title of world's most valuable crypto, a quote from my recent interview with web bot creator Clif High comes to mind:
"Enjoy your crypto ride, you're going to have a lot of fun."
CRYPTOS VS. BANKERS [& The Bankers Are Losing] -- Clif High
RELATED:
$2,000 BITCOIN: COULD ETHEREUM GO TO $1,000?
GREAT INFO HERE:
Ethereum breaks $340! What the F*ck is going on?
.
Augur REP will follow soon, $150+/REP
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EOS ICO will pump ETH prior. It is a funny thing - buying ETH killer with ETH. But ETH even with EOS is here to stay. They've managed to pull good marketing. As of Bitcoin, it seems to me that it is going to become eternal never ending pumping crypto. It's gateway aspect makes it like the USD to the candies.
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and two prominent members coming from goldman sachs ...dont forget that...
And let us not ignore at all the symbolism in the logo! Support the new elite and get rich zomg! :D
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Should be crypto's first, which we are seeing now, then an Awakening in the gold and silver markets. Silver needs to clear and hold $18.50 then $21.00 and finally clear $25...then we might be out from under so much manipulation. It will come to a point that they will not be able to control the downward pressure on silver, and that is when the real price discover begins!! Just my small opinion! First major spike up will most likely be later this year and will hit resistance at $45, then retrace a bit then breakout!
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I've got my eye on silver also. Do you know of any live charts showing gold / silver / bitcoin / eth ?
@ironshield
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I use an app called etherium mining monitor to track current price of crypto's and an app called Gold Now to track gold and silver, which it does have live charts! See if that helps.
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Thanks! @ironshield
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Thank you very much for this tip @tornadotom2000. Looks very useful !
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Not sure about gold, it always looks promising and good fundamentals but just too manipulated
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Now might be the time for this manipulation to end (at last!). Have a look at the video by SGT Report posted on my blog today.
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hi jmsm2, i watch all sgt report videos. What I don't get is people saying when the price of gold and silver is down, go buy some more keep stacking, when you can put money in cryptos and make profits, then buy gold later with the profit
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because nothing will beat silver when it breaks out, not even close.
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Hi @lost.identity, I agree with you completely and it could be getting very close to doing so. Today's Fed announcement on interest rates could be another catalyst for the change in direction. Anyone know what time the announcement will be made ?
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Im waiting for money in a bad cryptocurrency in some days, that Im going to reinvest. Is it ETH, or should i consider something else
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People dont trust the traditional banking system now this trend may grow and destroy it
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Hey SGT, thanks for this post. I just posted an entry about how I think the cryptos tie-in to prophecy. Please check it out if you have a chance, I'd like to hear your feedback before I promote it. I actually linked to one of your videos in it, so I'd also like to know if that's ok. Thanks
https://steemit.com/eschatology/@en0ch/crypto-currencies-and-the-beast-system
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Compcoin ICO june 14th
www.compcoin.com
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I think ETH has a lot of room to grow in the short term as new projects launch their tokens on top of the platform. However, over the long term, ETH lacks exact scarcity like Bitcoin has.
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As I understand it, ETH has to be designed for a controlled currency expansion, because it gets used up as the smart contracts and robot programs run on its platform. Essentially, if Bitcoin equates to digital gold getting harder and harder to find, then Ethereum is digital oil, or perhaps electricity. Which if the market is controlled properly, it will supply just enough to meet demand.
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I haven't jumped on the Ethereum yet, I wonder if it's too late? @ironshield
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Look at the calculations that i made.. : https://steemit.com/ethereum/@kushbuddy/ethereum-mining-experiment-dragon-gpu-mining-starter-3x-rx-570-8gb-help-me-invest-in-the-future-or-high-profits
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if ethereum goes up it is indeed a great currency to buy ..it could become like bitcoin. it is now at 400$ and keep going up
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I think the cryptos will ultimatly be the turning factor for gold/silver unshackling from bank manipulation.
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the existing system based on debt just can't be extended much further. cryptos allow us to opt-out of the old system before it brings us down with it, definitely speeding the inevitable end to precious metals manipulation as well.
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I must confess I first thought cryptos would ''steal'' a chunk of the precious metals market, competing with them.
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Welcome to Steemit :)
I follow u, follow me back if u want lot of fun and amazing picture every day.
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I followed you. Look forward to the pictures.
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Interesting post thank you for sharing
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Now it appears, Andrews 26 day prediction interview has been hacked and part of the audio went missing, see here.
https://steemit.com/gold/@motowngold/important-event-in-precious-metals-king-world-news-audio-tampered-with-about-predicted-price-explosion-in-26-days
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If money flows into precious metals ... how much will come from the crypto market? and what will it do to the price of cryptos?
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My own opinion is very little would move to gold. The McGuire article looks like another cheap gold pimping article. Its like suggesting that 15 minutes of a Peter Shiff podcast went missing so there must be some truth. The inflow to gold will come from the fire sales of stock and equities during a collapse. A little of that inflow should go to cryptos as well, but less than 1% know how to even purchase a bitcoin. When people say bitcoin/eth is in a bubble I just shake my head. Worldwide, what is the percent if people that know how to buy a crypto? If 1% figured it out how fast would the price go up?
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This will affect the main stream banks big time
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Andrew McGuire is quoted about once a year that a shock to the gold market is coming soon. I would not change behavior based on that article. If you google "king news mcgujre gold shock you will see what i mean". Old articles will pop up. However, I would still keep adding to your gold and silver stash when you can. I add a little each time I'm paid with the thought that someday it will be the gold and silver paying me back.
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yeah, like an hour after I bought some steem with it >_> dayum
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The scary part of it all is buying in to get on the rush and it dropping out under you which happened prior with bitcoin
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Great video. I would tell people to stay away from Coinbase. Coinbase has lousy customer service and has problems reading drivers license. There are better places than Coinbase.
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Wow, what an interesting read. Ethereum will definitely skyrocket as well as gold and then silver.
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I just love seeing Putin get involved with cryptos in such a direct manner. This is fantastic news for everyone. Thanks!
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Great article man, I couldn't believe the price this morning when I saw it, I'm happy for ETH but sorry for myself that I didn't buy any.
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This post has been ranked within the top 25 most undervalued posts in the first half of Jun 11. We estimate that this post is undervalued by $35.31 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 11 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
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I think yes
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Please let gold and silver break out from the market rigging.
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ya nice work!
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Gold is at a pivot point right now. Please check out my analysis on my post here:
https://steemit.com/gold/@unclehermit/does-the-break-out-in-gold-signify-the-end-of-the-dollar
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The bullion is too manipulated. It's breakout won't be realized until the manupulation has run head long into major supply shortages. When the miners have been destroyed by suppressed prices, the bullion rally will be the rally you don't sell. Price in fiat will be irrelevant. You'll have stored wealth in bullion or you won't. Chase crypto's for profit. Save in bullion.
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This is the flake that started the avalanche.
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I'm amused by the crypto haters in my comments on You Tube, like this one:
zogun28 minutes ago
another fake fiat electronic CURRENCY, abc coin, def coin, xyz coin .. bla bla bla ..
To which I respond:
zogun, LOL. better wake up quick. Even Putin is interested in Ethereum.
https://futurism.com/taken-bitcoins-rival-just-caught-russias-attention/
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You are by far my favorite alt news! It is fiat, created from noting backed by nothing. Its still valued in dollars, what will it be valued in when the dollar crashes? Gold? Might as well just buy gold while its cheep. I'm not against cryptos, its just they are not the answer. Treat them as you would any stock in the market, buy low and sell high.
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Thanks for tuning in here drexil. I hold PHYSICAL silver, gold & cryptos. As for cryptos... the value is in the intellectual property, and the technology. This is the value ETH holds, it is REAL, it is tangible, and it is attracting major corporations.
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I can understand that point of view...and I agree...most of the "haters" are silly, to say the least. But you have to admit that the hype is getting frenzied. People are now buying these cryptos with completely unrealistic expectations. They honestly think they are going to get rich overnight. Maybe they will...but then again...
I also keep hearing the argument that virtually no one is buying cryptos yet....and I agree with this. Personally, I know of only one other person on the planet (personally) who buys cryptos aside from myself. But I would not take this to mean that the public in general is simply waiting on the sidelines and will eventually get in. The price could go to a million and I suspect a vast majority of people will never get in. Remember, the Baby Boomers are a large generation...and certainly not tech savvy.
Bottom line: As the price and market cap grow, so does the risk. Everyone involved in this market seems to be going nuts, starry-eyed with delusions of financial grandeur. But let's not forget, while these cryptos are soaring to all time highs, the metals are basically at all time lows.
What would the intelligent investor make of this situation?
Hope I'm not a hater....but I am beginning to grow concerned and have recently begun selling my ETH. Yes, it's hard to watch the price make new highs, but so be it. I was lucky to get in early.
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A really worth reading post @freedomwriter! I share the most of your thoughts!
"Are the expectations unrealistic?" I really don't know, but what I've learned so far is, you have to follow the money (Martin Armstrong) and be aware of the direction it flows!
"Are the people frenzy?" Some of them - YESSS; some of them no. Those who are educating themselves and do they're own research are pretty cool.
Cryptos are no mainstream matter yet! The last one I asked about BTC and Blockchain thought it's an UK punkband!
"Going nuts?!" Plain speaking: for me in personal cryptos are a life changer! As many others I've worked hard - though I love my work, but now for the 1st time in my life I'm able to realize some of my dreams... - a small lil house... - a small lil garden where I can grow my own food... - 2-3 dogs, because they're the best friends a man can have. So am I greedy? NO, because I have a clear goal right in front of me, I've put my focus on. BUT taking some profits out early is no mistake at all - never has... never will!
One last guess: last friday there was pressure in the tech stocks... - ETH has risen in price yesterday, maybe a first sign that money's changed direction; and when it flows BigTime into cryptos - ETH is more likely than BTC -, because it can suck up more money way faster! Cheers!
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That will be awsome and mabie some money will flow back into the gold and silver miners soon. I PRAY!
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You will see, when the wealth transition is about to begin there are only two markets left that will prosper: cryptocurrencies and PMs - physical Gold & Silver! It's only a matter of time and if we stay patient we will be rewarded in the end.
But it's also very important to keep up improving and educating yourself on any skill you have and have not yet and to built up a strong community - cause family and friends are the most important purpose in life! Cheers!
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You can never get hurt by taking a profit! ...and up 266% in just the past month definitely qualifies as "frothy". I'll continue to hold, but the risk is real.
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I'm holding too, because this is a chance of a lifetime you only get once. And some more reasons for me to stay in ETH is because as Clif mentioned in your interview - when the big money is flowing into cryptos the market of BTC is to narrow to suck it all in; this investors money is flowing into ETH!
A further reason is the USAF BIP148 in august... - the uncertainty will also drive some money into ETH to store value; but the greatest reason is, a new definition for money is rising as Andreas Antonopoulos is explaining in his speech!
Keep on rocking Sean, I appreciate your work since a long time! Cheers!
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Good points in this article. Interesting to see I'm not the only one that is thinking about this. Many people say the prices of cryptos are high but we also thought that about Amazon, Apple and Facebok last year. This is quite an interesting website I found: https://www.coincheckup.com This site did all the research for you. It's truly amazing. On: https://www.coincheckup.com/coins/Ethereum#analysis To watch Ethereum Research report
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