Friday, January 15, 2016

Golden Success During Economic Turmoil

Anaconda Gold, which operates the only mine producing just gold in Newfoundland and Labrador is experiencing a good level of success during these troubling times in the resource sector. With many mines cutting back or closing, this small scale well run operation is not only operating but also providing good paying jobs to 90 people in the small rural community of Baie Verte and nearby towns.

Dustin Angelo, CEO of Anaconda Gold said that the mining operation at Pine Cove pit in Baie Verte has about two-and-a-half years left, so Anaconda is looking into the potential of a nearby deposit called Stog 'er Tight.

"Right now we've got an exploration program going on. Our goal is to extend the life of the project over 10 years," said Angelo.

Read More Here

Tuesday, January 12, 2016

Have you heard about Bitgold?

I am a true gold bug and I am a Bitgold user because utilizing commodity money makes sense for responsible citizens seeking to peg their labour, goods, and services to a unit of account that mimics their own personal consumption and savings requirements.

2015 was a year when an idea became a business defying logic, conventional wisdom, and the laws of linearity. An idea, hatched by two young entrepreneurs has now evolved into a global platform spanning 600,000 members in nearly 200 countries. An idea that has led to a 50 person team operating a platform that safeguards over $1.5 billion of precious metal assets for over 100,000 members with a positive balance. An idea that has seen some of the world’s greatest investors from George Soros, Albert D. Friedberg, Adam Fleming, Eric Sprott, James Turk and others join with unwavering support and assurances of integrity.

Roy Sebag, Founder and CEO of BitGold, has created “a legal, tax-compliant and existing financial-system compatible gold standard, available to all global citizens.

He describes it this way "BitGold is just like paypal except it only utilizes one base currency: weights of gold. The platform superimposes up to 160 different currency values on top of your gold weight allowing you to "think" in your local currency"

Not only does BitGold allow you to save in gold but to send and receive payments from family members or friends who are BitGold users. Users can also spend their vaulted gold with our unique GoldMoney Prepaid MasterCard at more than 30 million point-of-sale and withdraw local currency from ATM machines.

Eric Sprott from Sprott Asset Management speaking at the Sprott-Stansberry Natural Resource Symposium on July 31st, 2015 in Vancouver, took the opportunity to discuss his thoughts on BitGold, its relation to bitcoin and the role BitGold will play in the development of the gold market.

Video Link Below

The best way to learn more about BitGold is to open a free account. Use this link and you will get some free gold upon completion of sign up: Learn more about Bitgold Here