Posted on 19 July 2014. Tags: Coins, Self Issued Currency
Precious metals dealer Anthem Vault in the United States has just recently announced the launch of its new altcoin dubbed “Independence Coin,” otherwise known as the “INNcoin.” What makes this coin different is that it is the first digital coin entirely backed by physical gold. The founders of the coin are taking their stab are […]
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Posted in Bitcoins, Gold and Silver
Posted on 11 October 2012. Tags: Coins, Diamonds, Farmland, Guns, Precious Metals
Since 1971, thanks to President Richard Nixon’s decoupling of gold from the Dollar, money has been transformed into worthless “Monopoly” paper. All of today’s paper currency is not backed up by anything but confidence. As long as there is confidence in this paper to serve as a medium of exchange, it will serve as money. As […]
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Posted in Gold and Silver, US Dollar Collapse