Fair warning – this is the beginning of a series of blogs on Gold and Finance. I am very passionate about this. This video is both enlightening and humorous. I hope you enjoy it. Note: this video is from 2015 – from January 2016 both gold and mining stocks have been on a rocket rise up to today.
I ordered one of the new MacBooks. It arrived on Thursday.
For many years I have not had a computer at home, just various iPads and iPhones. This was all I needed for my online activities. I had multiple computers at work, I didn’t need one at home.
All of that changed a week ago Friday. It is easier to update one’s resume on a laptop than on an iPad.
Let’s just say that I was as excited as a little girl with a new pony to get it, but don’t take my word for it …
“and a hard drive of five hundred and twelve megs” megs??? I hate it when I do that … Gigs! Not that bad considering it is all solid state.
Wish me luck on coming up with a kick-ass resume otherwise I may end up like this guy
Roy Sebag, CEO of GoldMoney and Founder of BitGold takes Warren Buffet to task on Buffet’s statement in his most recent Annual Letter to stock holders claiming that:
“American GDP per capita is now about $56,000. As I mentioned last year that – in real terms – is a staggering six times the amount in 1930, the year I was born, a leap far beyond the wildest dreams of my parents or their contemporaries.”
Sebag goes on to show that the American GDP per capita is NOT a staggering six times the amount in 1930, but rather is essentially unchanged when compared in an apples to apples comparison in terms of the purchasing power of gold.
October 2015 interview with Roy Sebag Founder of BitGold and CEO of GoldMoney
This is a one hour interview with the founder of BitGold. Roy Sebag is a smart, knowledgable, articulate dude.
Regardless of your current feelings about gold, if you work and want to safeguard the value of your earnings you owe it to yourself to watch (listen really) to this video. Roy talks about concepts of money, value, investments, and of course … the BitGold platform.
BitGold is the modern day embodiment of the global internet data/gold crypt envisioned in Neal Stepenson’s Cryptonomicon. While “reading” the Cryptonomicon last August (the first time) I began searching the Internet for digital gold solutions. I discovered several failed platforms … and BitGold. Coincidentally, BitGold had just announced entry into the US market.
YouTube and the Internet are awash with bombastic exhortations for and against the ownership of gold, fraught with dire predictions of the collapse of the US dollar and collapse of the global monetary system. Roy and Josh are above all that. Yes, they do point out the limitations of fiat money systems and yes, they do remind us that gold maintains its value literally forever, but they are calm, low key, and well reasoned. In coming posts, I will share those videos and other links that I find most interesting or useful. If you are interested, you can of course do your own research starting at BitGold.com.