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Andy Hoffman: Bitcoin, Crypto Currencies And Precious Metals

Yes4Motivation, Released on 10/31/17

Andrew (“Andy”) Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy’s daily thoughts on cryptocurrencies and precious metal markets. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on precious metals, and from 2006-2017 he wrote free missives regarding gold, silver and macroeconomics. He spent five years working as an investor relations officer or consultant to numerous junior mining companies and was the Media Director for Miles Franklin from 2011 through 2017.

2 Responses to Andy Hoffman: Bitcoin, Crypto Currencies And Precious Metals

  1. Richard Reply

    11/01/2017 at 11:28 am

    Dear Andy,
    I been a long time fan and follower. I do love your rants.
    I also share a great deal of enthusiasm for BTC.
    However, I was greatly dismayed and disturbed to read an article today were the CME will begin trading futures which will be cash settled for BTC.
    The same big guns that keep a leash on the metals are coming out to deal with BTC.
    Relentless robotic trading (naked shorts) with unlimited Fiat supply and with the “regulators” looking the other way will eventually stop and cage BTC by discouraging “lots” of weak hands, buying the actual BTC at much lower prices and not trading or freezing the BTC. I think that this is one of the last steps, if for some reason this approach doesn’t work then outlawing it is probably next.
    Please tell me or explain to me why I’m wrong.
    Thank for all your great work!
    Richard

    • Herman James Reply

      11/01/2017 at 1:29 pm

      Richard,

      If you want to get in touch with Andy you can contact him here: https://cryptogoldcentral.com.

      On a side note, these bitcoin futures have the potential to actually raise the price of bitcoin. Why? If the hedge funds decide to start piling in, they will push the price higher. In today’s environment the hedge funds basically dictate what happens in the futures markets depending on whether or not they think they can push the price of an asset around. I see it all the time in silver, natural gas, cattle and even oil.

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