As China Devalues Renminbi, Bitcoin's Price Skyrockets Higher (Podcast)

| About: SPDR Gold (GLD)

Jeff Berwick and Amir Adnani are guests this week on the radio show.

Berwick was an early pioneer of Bitcoin which has started to gain attention once again. Its price skyrocketed 25% last week alone as the Peoples Bank of China has been devaluing the Renminbi. Jeff will discuss recent remarks by Bill Gross and Alan Greenspan suggesting the global banking system is on the verge of collapse. Only a debt jubilee can save us.

But if the ruling elite are planning a debt jubilee, will it benefit the masses or just the elite? For self-protection, Jeff favors diversification of assets, which is why Bitcoin, in addition to gold, silver and precious metals mining shares, is part of his portfolio.

Amir will be with us to talk about Brazil Resources which company has used the recent downturn to add a large gold resource to its portfolio in Brazil and Canada. Now is one of the best times to consider buying gold stocks I have seen in decades so you won't want to miss Amir's remarks.


Amir Adnani, Chairman and Director, is a founder of Brazil Resources Inc., and since 2005 has served as Chief Executive Officer, President and a director of Uranium Energy Corp (NYSEMKT:UEC), an NYSE Amex-listed company which he co-founded. Under his leadership, Uranium Energy Corp has become one of North America's newest uranium-producing companies. Mr. Adnani is an entrepreneur with a background in business development and marketing. In 2004, he founded Blender Media Inc. where he served as President and a director until 2006. Blender Media Inc. provides strategic marketing and financial communications services for public companies in the mineral exploration, mining and energy sectors. Mr. Adnani is recognized by a qualified resource industry investment advisory, Casey Research, as one of the sector's leading entrepreneurs, a list researched and known as "Casey's NexTen." He holds a Bachelor of Science degree from the University of British Columbia.

Jeff Berwick founded, Canada's largest financial website, in 1994 and was the CEO and on the board of directors up until 2006. He is now the founder and Chief Editor of The Dollar Vigilante. The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse with information and analysis on investments for safety and for profit during the collapse, including investments in gold, silver, energy, agriculture commodities and publicly-traded stocks.

The newsletter covers as well other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar, safely and comfortably. Learn more about Jeff's work at

About this article:

Tagged: , , Market News Article
Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here