Bill
Murphy of GATA.org
returns to the show with fresh insights on the
PMs sector.
Palladium
is key precious metal in the auto manufacturing
sector used primarily for emissions reduction
in gas engines.
China
and other BRICS nations are stockpiling the
metal amid a global shortage.
The
price of Palladium recently reached parity with
gold.
Palladium's
sister metal, Platinum is $400 less expensive
and is an excellent substitute metal for palladium.
The
price differential may present an appealing
arbitrage opportunity.
Silver
also has a highly inelastic demand curve with
not just one key application but thousands of
industrial uses.
If
BRICS manufacturers turn their focus towards
silver, an epic short-squeeze scenario could
erupt.
Silver,
arguably the"King of industrial metals"
could ascend to parity with competing precious
metals, 10-100 fold higher.
Once
investor's passion for paper assets evaporates
a tidal wave of capital could flow into the
relatively tiny PMs sector.
Given that sources seem to indicate that most
new money managers were inactive during the
2000 shares bust, the impact of a 3 sigma event
could send reverberations around the global
financial arena.
Factom
Blockchain CEO, Paul Snow makes his show
debut with an overview of his unique distributed-ledger
blockchain.
Factom
was built from the "ground-up," designed
to restore transparency to distributed ledgers
via a dual token system.
FCT
security tokens are separate from the daily
operations tokens that resemble forever stamps.
The
Proof of Work (PoW) is similar to Ethereum Gas,
versus Proof of Stake (PoS) such as BitShares.
Factom
brings blockchain immutability to the ledger
system facilitating previously impossible services.
Factom
improves the real estate sector, restoring faith
in transactions, such as loan origination, and
closing.
Another
key Factom use case includes the Internet of
Things (IoT) in homes and office networks.
Analysts
project growth in connectivity with mobile phones,
laptops, desktops, TVs, kitchen and household
appliances.
Most
IoT connected devices currently deploy few if
any security features, representing a weak point
of easy access.
IoT
networks are vulnerable to attack, creating
a threat to the entire network.
Factom
is already working with the Department of Homeland
Security to shield key camera and surveillance
devices.
Factom
thwarts spoofing by highly sophisticated hackers.
As
such threats become more prevalent Factom will
be positioned with first-mover advantage in
the IoT eco-space.
For
added security and peace of mind, the Factom
Protocol embeds data directly into the Bitcoin
and Ethereum blockchains through the Merkle
tree algorithm for merely $0.001 per ten
minute hashing cycle, $1.00 per week, $52 annually.
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Guest
Bios
Bill
Murphy
GATA.org
Bill
Murphy, GATA Chairman
Murphy grew up in Glen Ridge, N.J., and
graduated from the School of Hotel Administration
at Cornell University in 1968. In his
senior year he broke all the Ivy League
single-year pass-receving records. He
then became a starting wide receiver for
the Boston Patriots of the American Football
League. He went on to work for various
Wall Street brokerage firms and specialized
in commodity futures. He began as a Merrill
Lynch trainee and went on to Shearson
Hayden Stone and Drexel Burnham. From
there he became affiliated with introducing
brokers and eventually started his own
brokerage on 5th Avenue in New York. He
now operates an Internet site for financial
commentary, www.lemetropolecafe.com.
Paul
Snow is the founder and CEO at Factom, the creator
of the first blockchain technology built from the
ground up, to solve real-world business problems.
Pauls innovative approach to software and application
engineering has spawned a litany of inventive open-source
companies and solutions that have paved the way for
Factom. A true open-source evangelist, Paul also acts
as Founder and Chief Architect for DTRules, a open
source project he founded in 2004 to make Decision
Table based Rules Engines available to all sorts of
projects.
Paul
is a founder of the the Texas Bitcoin Conference,
and currently serves as president and chair. He holds
three patents for graphics hardware and system configuration
technologies. He is a supporter of and contributor
to the Colored Coins and Ethereum projects, in addition
to driving the development of the Factom Network.
The
Blockchain revolution is transforming
the global arena, disrupting every industry
in its path. Goldseek.com is excited
to introduce an off the chain opportunity
in digital gold and silver from our
friends at APMEX
and Sprott
Inc.
The
first online marketplace to offer
secure and convenient buying, selling
and redemption of digital PMs.
OneGold
uses VaultChain, a secure, immutable
blockchain ledger developed by Tradewind
Markets, the leading innovator in
digital precious metals distributed
ledger and blockchain technologies.
OneGold
digital gold and silver are 100% redeemable
through OneGold for delivery of physical
bullion to customers doors.
VaultChain
gold and silver are available for
purchases of any size and competitive
prices with low transaction and storage
costs.
OneGold.com
is secure and accessible 24/7 on any
device, offering convenient purchases
and sales of precious metals.
Easy
recurring transactions, makes passive
saving and dollar cost averaging the
gold price, as easy as a mouse click.
As
a special offer and for a limited
time only, OneGold is offering gold
and silver at spot price, with no
additional premiums.
VaultChain
sets the industry standard as a fully
backed physical asset, with easy redemption
in coins, rounds or bars offering
clients peace of mind and full transparency.
Blockchain
Conservation Imitative - Proof of Safe Tusk
(PoST)
The
host proposes a blockchain based, conservation
effort (PDF
Paper) to bring a stop to the cruel
and unnecessary ivory trade - if you know
someone who would like to get involved and
or support the effort, contact Chris at
gsr@hughes.net.
On
the cusp of a new year, season 14 of Goldseek.com
Radio, the head of The
Morgan Report rejoins the broadcast
with unique insights on the financial
markets.
Part II. - Peter Schiff &
Chris Waltzek Ph.D. - December 11th, 2018.