BLOCKCHAIN GOLD
Nearly 4 years ago I began to explain that Blockchain Technology would be applied to the OTC Derivatives Market and in particular Gold and Silver.
When I first mentioned it in 2013 on twitter I had approximately 900 twitter followers.
The suggestion that Gold and Silver would be traded on the Blockchain was met by a barrage of abuse, ridicule and on some occasions, threats.
Despite all this abuse I never once deterred from my story because I knew I was right.
In January 2016 I was invited on to the Max Keiser show to talk about what I was saying.
At the time of going on the Keiser Report I had just under 3,000 twitter followers.
After the interview I decided to pin a tweet at the top of my tweeter feed.
Here is the tweet...
Today I have 4,245 twitter followers and I am being approached constantly now and asked how did I know that this was going to happen. I just did.
Earlier I was scanning my news feeds and was excited to see this article published by the CME Group.
It is a great article and credit to the CME Group for the content.
Credit:cmegroup
http://openmarkets.cmegroup.com/12212/blockchain-changing-gold-markets
Credit:cmegroup
Credit:cmegroup
This is massive news and an article well worth reading.
In the future it won't be just physical Gold, but ALL Gold and Gold Derivative Contracts that will be traded on the Blockchain.
When this time comes, and it will, be aware that the $27,000 oz figure mentioned in the above tweet is a conservative estimate, as the true figure will most likely be higher, much, much higher..!!
Thanks once again for reading and your continued support of my blog.
Stephen