The Real Asset Report April 2013

The Real Asset Report – April 2013

Myself and The Real Asset Company Research desk are delighted to bring you our first full-length research report which is jam-packed with new research and commentary on gold buying, currency wars and money – featuring brand new infographics, Max Keiser and Jim Rickards.

We are only four months into the year and it has already been an exciting one where both money and gold investing are concerned.

Open The Real Asset Report as a PDF. You can then join us for a Google Plus Hangout at 17:00 UK time today.

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About the Author

Jan SkoylesJan Skoyles is Head of Research at The Real Asset Company, a platform for secure and efficient gold investment. Jan first became interested in precious metals and sound money when she met Ned Naylor-Leyland whilst working alongside him in the summer of 2010. Jan then went on to write her undergraduate dissertation on the use of precious metals in the monetary system. After graduating from Aston University in 2011 Jan joined The Real Asset Co research desk. Her work and views are now featured on a range of media including BBC, Reuters, Wall Street Journal, Mail on Sunday, Forbes and The Telegraph. She has appeared on news channels including Russia Today to discuss the gold price and gold investing. You can keep up with Jan's commentary by subscribing to our RSS feed Gold Investment News.View all posts by Jan Skoyles

  • Pingback: Bitcoin… the money of the future? (The Real Asset Report – April 2013) « The Bitcoin Channel

  • BDI

    Dear Jan;

    Congrats on the new Asset Reports feature! I have seen you interviewed, and always enjoy your thoughtful edgy insights. I will read with great interest.

    Thank you for offering your research.

  • Jonathan Hunter

    Superb piece, Jan!

    That’s the best piece on Bitcoin I’ve read so far.
    Well done to you.

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  • janskoyles

    Hi Chris, sorry for the delay – thought I had replied to you! Thank you for your comments, I think you are definitely more informed than I am. In regard to difficulty, hashrates etc I am a beginner in all this, but I am interested to hear people are seeking out new currencies to mine. This can’t be entirely because they have lost faith in BTC, but more because they are hoping to make as big a profit on BTC as early BTC miners have?

    • http://mrchrisellis.com/ Chris Ellis

      One of the most productive things anyone could do right now is learn about this. Banking is about to have its Napster moment. In fact it already has, it’s just that some people can see the change in the geometry of the landscape and others can’t or rather won’t.

      It’s true there was a lot of envy at those early Bitcoiners who benefited from the parabolic rise and thus sprung up some ‘scam coins’ or ‘ponzi coins’ that were mostly designed to be pump and dump currencies. Usually direct clones of the Bitcoin code and are essentially marketing efforts.

      But to leave it there would be doing a disservice to the community. There are some really good innovations going on with projects like Litecoin & Feathercoin to name just two. This is now a battle for human capital and talent. These are community driven projects looking to do the work that nobody else wants to do, trying to out execute the Bitcoin coders by innovating on things like micro transactions and improving on the speed of the network.

      If in doubt always invest in people and runway. Look at where these talented individuals are spending their time, what’s their op cost? Also notice on forums like Bitcointalk that a lot there seem to come from banking and finance. You could say this is banking bringing itself down from the inside.

      Re the 25% difficulty prediction, that turned out to be way off. It was more like 40% and now this is happening:

      http://blockchain.info/charts/miners-operating-profit-margin

      Markets grow from failure and Bitcoin’s design continues to be tested.