Central Banksters Show Their Hand, Gold Will Bring Them Down

davis196

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Quote from: 1Referee on February 08, 2019, 06:25:15 PM

Quote from: Crypdon on February 08, 2019, 04:51:35 PM

Gold hasn't pumped that much, it is bitcoin that is going to overtake them in terms of gains percentage. When the framework is there, sensible investors will swap half their gold holdings to bitcoin, ethereum, etc..

You can't compare Bitcoin to Gold in terms of percentage gains. Bitcoin is an undeveloped asset, has no solid liquidity within any of its markets, and is largely still a speculative investment tool. Gold as developed asset has one of the most liquid markets in the world. A dump that can't move Gold even 0.1% will cripple Bitcoin's market with how there is no liquidity to eat through large sales.

Gold investors open to change will look for a good digital alternative, which is Bitcoin. Ethereum or any other altcoin doesn't fit in that category. I however do not believe that these investors will get rid of 50% of their holdings, that's too much. It would make more sense to have it be 5-10% and perhaps more at a later stage, but still, not nearly close to 50%.

Gold had thousands of years to gain trust and adoption, Bitcoin is the new kid on the block. Give it some time.

I agree.We should wait for thousands of years for bitcoin to gain global trust and adoption. Grin

Gold investors will look to other non-digital alternatives first,such as oil,other metals and real estate.Bitcoin comes last in their list.

1Referee

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Quote from: Crypdon on February 08, 2019, 04:51:35 PM

Gold hasn't pumped that much, it is bitcoin that is going to overtake them in terms of gains percentage. When the framework is there, sensible investors will swap half their gold holdings to bitcoin, ethereum, etc..

You can't compare Bitcoin to Gold in terms of percentage gains. Bitcoin is an undeveloped asset, has no solid liquidity within any of its markets, and is largely still a speculative investment tool. Gold as developed asset has one of the most liquid markets in the world. A dump that can't move Gold even 0.1% will cripple Bitcoin's market with how there is no liquidity to eat through large sales.

Gold investors open to change will look for a good digital alternative, which is Bitcoin. Ethereum or any other altcoin doesn't fit in that category. I however do not believe that these investors will get rid of 50% of their holdings, that's too much. It would make more sense to have it be 5-10% and perhaps more at a later stage, but still, not nearly close to 50%.

Gold had thousands of years to gain trust and adoption, Bitcoin is the new kid on the block. Give it some time.

exstasie

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Quote from: The Sceptical Chymist on February 08, 2019, 02:10:04 PM

What, the US economy? Aside from the debt, we're not doing that badly. Certainly much better than 2008-2013, and Trump was nowhere near the white house at that point. I'm not an ardent Trump supporter by any means, but he's doing much better than I expected (I kept those expectations very low). I'm just hoping that the democrats will have a better candidate for the next election, or else what's the point?

We did recently see the biggest stock market dive since the '87 crash. The FED can't seem to raise rates without threatening the financial markets, and the financial markets is where all GDP growth since 2000 or so has been concentrated. No wage growth. Prices keep rising and rising, and wage growth has been completely erased by inflation. The is the situation at full employment levels. Once another recession inevitably hits, things are going to look much worse.

Crypdon

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Gold hasn't pumped that much, it is bitcoin that is going to overtake them in terms of gains percentage. When the framework is there, sensible investors will swap half their gold holdings to bitcoin, ethereum, etc..

LeGaulois

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Increasing the money supply, printing more money pump the market and then we think the wealth increase when we look at the stats. The excess has its limit and they know it. That's also a reason they're going back to gold
If you check the economic freedom level it's lower than the 2008 period. In fact it's the same level during 1998 https://prnt.sc/mijoe0
It's just a point of view from outside, I'm not american, economist or whatever but Trump is so crazy, using The US to play video games... Roll Eyes

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Quote from: allthingsluxury on February 06, 2019, 11:36:47 AM

The job numbers are out and they have been revised to make them look a lot better than they really are, this is part of the plan, Trump is using the manipulation against the [DS] and MSM.

This is a crap statement, and I remember the exact same thing being said about jobs numbers under the Obama administration--and my guess is that people have said it under every president for as long as jobs data has been released. It's part of the conspiracy theory mindset.

Quote from: LeGaulois on February 08, 2019, 01:58:48 PM

Their economy is bad for a long time
If Americans vote again for him, then I have no idea what cross their mind.

What, the US economy? Aside from the debt, we're not doing that badly. Certainly much better than 2008-2013, and Trump was nowhere near the white house at that point. I'm not an ardent Trump supporter by any means, but he's doing much better than I expected (I kept those expectations very low). I'm just hoping that the democrats will have a better candidate for the next election, or else what's the point?

I just bought some silver for the hell of it, and I bought it with bitcoin too. While I don't agree with gold/silver permabulls, I definitely get a bad vibe about the world these days and suspect something bad might be coming around the corner. That's not usually a feeling I get, either. Now is probably a good time to be stacking metals at the very least, and there's actually been some movement upward in the precious metals market so I could be correct. Not so sure about crypto in a SHTF scenario but short-term at least, I think bitcoin is probably going to trend up.

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Quote from: el kaka22 on February 08, 2019, 12:10:56 PM

This is exactly around the time when buying bitcoin would be beneficial for the american people at most. Think about it, what would happen if a poor person in Venezuela bought bitcoin way before this civil war and hunger thing started? They would have advantage over everyone else and would have lived a better life after the hunger started, like a poor person when everything was ok will be a rich person when everything went bad. That is the power of bitcoin.

American economy is going bad now and its going to get worse and worse by the day as long as Trump is the president and this Mueller thing will not end during his presidency but if he gets reelected then there is a big chance of him getting impeached as well. Hence, when a person buys bitcoin right now they will have double the advantage, both bitcoin increasing in value and also dollar losing value and whoever holds bitcoin will have higher purchasing power then they can imagine when everything goes sideways.

Their economy is bad for a long time, no matter who is POTUS the debt is increasing continuously. The only president who looked serious was JFK. Too much serious to stay alive perhaps... The debt represents something like $40,000 per citizen.
If Americans vote again for him, then I have no idea what cross their mind.

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This is exactly around the time when buying bitcoin would be beneficial for the american people at most. Think about it, what would happen if a poor person in Venezuela bought bitcoin way before this civil war and hunger thing started? They would have advantage over everyone else and would have lived a better life after the hunger started, like a poor person when everything was ok will be a rich person when everything went bad. That is the power of bitcoin.

American economy is going bad now and its going to get worse and worse by the day as long as Trump is the president and this Mueller thing will not end during his presidency but if he gets reelected then there is a big chance of him getting impeached as well. Hence, when a person buys bitcoin right now they will have double the advantage, both bitcoin increasing in value and also dollar losing value and whoever holds bitcoin will have higher purchasing power then they can imagine when everything goes sideways.

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Quote from: LeGaulois on February 07, 2019, 12:16:47 PM

That's something I talked about in a topic (Will people come back to gold). If something dramatic is going to happen, be sure the only thing that will moon sir is Gold Cheesy

(Not a ZeroHedge conspiracy)
I also think something is currently prepared, I know there are a lot of conspiracy theories à la Alex Jones for 2019 but some are really realistic

Gold currency is always the currency generation by generation uses and could really make the fiat banks go down. Gold will be the best currency the world could have if there's something that will happen really bad as a national depression. I still remember the days where our country got a bunch of golds from the nation who tried to dominate us. One person got the golds and almost had it's a way to make our country great but there was a problem happened with US people and that person.

For me, the conspiracies are convincing though we can't really tell if those things will happen. Let's wait and see but it's really fishy. Asia is trying to buy lots of golds because of these issues. I think fiat currency will have a depression and the economies will drop down and gold is the only thing that will make you a wealthy person.

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That's something I talked about in a topic (Will people come back to gold). If something dramatic is going to happen, be sure the only thing that will moon sir is Gold Cheesy

(Not a ZeroHedge conspiracy)
I also think something is currently prepared, I know there are a lot of conspiracy theories à la Alex Jones for 2019 but some are really realistic

Quote from: LeGaulois on December 06, 2018, 11:25:17 AM

Even the Central banks are buying more Gold (+13% from the previous year)... it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.

There are these comments from the video that I want to add...

Quote

...20 bucks were 20 bucks for 50 years after the Civil War. Then we get the friggin Federal Reserve and a hundred years later a hundred buck are not even 5 bucks in value...

...The point is that your present value of money disappears over time. Think about retirement on this money.
Definition of money included holding value. If you apply that definition, Federal Reserve Notes are not money. They are just currency...

https://www.youtube.com/watch?v=sElYqfk-BMo&lc=UgyG3ropcfL5hSraFGV4AaABAg

allthingsluxury

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The job numbers are out and they have been revised to make them look a lot better than they really are, this is part of the plan, Trump is using the manipulation against the [DS] and MSM. Manufacturing jobs have surged, Trump is preparing the country for the transition.

The US debt is increasing at a rapid pace and countries around the world are dumping treasuries. So is buying the treasuries, retirement investments, hedge fund and banks. The central banks are purchasing gold, it's like they know something and they don't want to share it.

Click here to watch this video and to read more:

https://silverliberationarmy.blogspot.com/2019/02/central-banksters-show-their-hand-gold.html

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