When people wake up to the fact that GOLD DERIVATIVES are trading on the BLOCKCHAIN don’t come crying to me when it’s over $27,000oz..!!
GOLD DERIVATIVES
This post was a difficult one to put a title to so I decided to get straight to the point and call it "When people wake up to the fact that GOLD DERIVATIVES are trading on the BLOCKCHAIN don’t come crying to me when it’s over $27,000oz..!!"
That pretty much sums it up really and I will leave this one with you to digest..!!
In the meantime, take a moment and think about all the Fraud, Manipulation, Rigging, Fixing and Corruption in the Market and ask yourself one very simple question, "If this was all taken out of the Market, what would the price of GOLD be?"
I can assure you that it would not be $1,350oz..!!
Thanks for reading and feel free to share.
Stephen
How is gold or blockchain that powerful, that it is able to propel to the level you anticipated? Would you mind sharing more about this Stephen?
Sure, how long have you got. It would probably help if you watched the second half of this interview with Max. That will help lay the foundations. Let me know after you have watched it. Cheers. Stephen
Hi Stephen, just finished watching the entire interview, and perhaps i should really start taking some time-offs and start listening to podcasts and interviews.
So, now i understand why gold and silver are undervalued, and blockchain technology needs to be adopted by banks and governments, so as to ensure the derivatives do not become bigger and bigger with more transparency. But i think there's still something missing in the puzzle, or perhaps I'm not even close to the picture you are trying to paint here.
Thanks so much for sharing this video @stephenkendal . Appreciate it. Would love it if you could share more with me.
There is so much to know. Keep watching and following the posts. I took the liberty and shared your comments on twitter and hopefully get more to come over and join in the community. Hope you don't mind. You can see the tweet at Twitter✔. Cheers. Stephen
Hi Stephen, no problem sharing the comments on your Twitter, I hope it helps you in bringing more followers to Steemit.
However I'm not ready to let my question for you ends yet, haha. What do you think, will be the challenges ahead for the finance sector to start accepting blockchain technology so as to make it more transparent? Even though Ripple has been a contender as a cryptocurrency that can help banks, and from the past 2 weeks, major banks had also expressed interest in Ripple. But do you think this will make the current derivatives wreckball stop swinging? I don't think its possible for the wrecking ball to go away, or even reduce in size am I right?
Will be resteeming your video as well. Hopefully I can help get you some support. Thank you so much Stephen
No problem ask away. That's what I am here for and why I am on STEEMIT. I have just posted this, you find this useful.
https://steemit.com/blockchain/@stephenkendal/blockchain-derivatives-a-once-in-a-30-year-global-finance-game-changer-and-it-has-arrived
I try and answer as many questions put to me as quick as I can but sometimes it can be up to 24 hrs as more and more are now approaching me for tv interviews, answers, and what I think is going to happen next. To try and simplify an answer to your question, BLOCKCHAIN will suck out all the FRAUD and MANIPULATION in the OTC Derivatives Market and SILVER and GOLD will see the biggest IMPACT. Stephen
Is it possible that so many could be soooo asleep? Thanks !
I think if your dig real deep people have simply been brainwashed into thinking that GOLD has no value when in reality it is one of the most precious and valuable metals in the World. It's not called a Precious Metal for nothing. Cheers. stephen
nice post
Thanks. Stephen
Please check my reply in>
https://steemit.com/gold/@seafarer124/investing-in-gold-and-silver
An interesting way to invest in gold and silver.
You using Digix?
No. Following and looking looking forward to reading your stuff. Cheers. Stephen
Thanks! Following you as well.
Digix is definitely worth a look at--
Thanks I appreciate it. Will take a look. Cheers. Stephen
One day you will be right.
Quick question - why $27,000?
The actual figure was much higher so we discounted it down to a consersative $27,000oz. It's based on the growth of Debt, Money Supply, and the current Derivatives. $27,000oz will be achieved without a problem. Cheers. Stephen
I am getting different numbers based on purchase power in 1960's and in 1900's when the first world crisis started. If you take these 2 dates you get $2,500 in the 1st case and $10,000 in the 2nd...
That's only a small piece. Then add Current DEBT, DEBT in 2021, unfunded liabilities and the knock on effective of GOLD DERIVATIVES and Gold Related Derivatives and you will see a figure in the region of $54,000oz..!! Stephen