Pinnacle Digest writes: Just as we predicted would happen, Bitcoin is now under attack by government authorities. It poses too big a threat to the establishment and last week, according to James West, “a hosting account maintained by Bitcoin was ordered terminated in warrant obtained by the United States Department of Homeland Security. The site, tied to Tokyo-based Mr. Gox, is said to handle 80% of Bitcoin transactions.”
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I’ve spent the last twenty years working on behalf of small companies in the resource sector, helping them raise money, helping them build their identities, and especially helping them get their stories in front of investor looking for quality investments.
In the process of doing that, I’ve seen some companies grow into multi-billion dollar enterprises over a few short years, and I’ve watched others burn through their Investors’ hard earned dollars like a Texas Tornado and leave nothing in their wake but heart-ache and misery.
Over time, I’ve developed the ability to recognize the key characteristics of companies that are going to go the distance, versus, those that are going crash and burn.
James West is a frequent guest on BNN
*Who James West is According to The Gold Report
"Midas Letter Editor James West is one of the sharpest minds in the gold business, and he puts his money where his mouth is. He owns gold equities, ETFs, coins and even a share of a private Peruvian mine. "Gold is the best investment at this time," he says, a thesis based on the "counterfeiting" of paper currencies and inevitable collapse of the global financial system."
James West is the publisher of the Midas Letter, a financial advisory service that identifies opportunities and risks to investors active in the small cap resource sector.