Topic: Gold Bull Starting: It's Bigger and Better Than Last Time (Read 374 times)
Gold rose back then because there was no knowledge of crypto. Now that people are familiar with bitcoin and there are easier methods to acquire some i.e. coinbase, binance, gemini, it is likely that bitcoin rather than gold will pump
I doubt that these forecasts for a new bullish trend in the gold market may positively affect the cryptocurrency market. At the moment, I am interested in when a new trend begins in the market of crypto-currencies, but none of the experts can predict this.
In 2018 Gold price stable at $1200-$1300. Its opposite with bitcoin price. At 2018, bitcoin price decline but gold price stable at range $1200. I think Gold will have a momentum in 2019 and the price will rising after many expert worries about economic condition.
this can happen, but however investing in gold is safer than cryptocurrency, but volatile gold is smaller than crypto. therefore both have their own advantages. as a percentage, maybe bitcoin will catch up with its rising gold, even though in 2018 it fell considerably. hopefully this year they will start bullrun 
In 2018 Gold price stable at $1200-$1300. Its opposite with bitcoin price. At 2018, bitcoin price decline but gold price stable at range $1200. I think Gold will have a momentum in 2019 and the price will rising after many expert worries about economic condition.
At most of the market situation the price of gold will be much stable than any other investments so which is not same as cryptos where the rices may increase or decrease 2000% in a year so choose what is your preference while investing on something,high risk and high returns or low risk with low returns.
In 2018 Gold price stable at $1200-$1300. Its opposite with bitcoin price. At 2018, bitcoin price decline but gold price stable at range $1200. I think Gold will have a momentum in 2019 and the price will rising after many expert worries about economic condition.
First Majestic Silver founder, CEO and President Keith Neumeyer thinks another gold and silver bull run is beginning now, one that will make the 2010-2012 run pale in comparison.
2008 eight was a liquidity crisis. It was a “sell everything” mentality.
This time around, it is a different type of environment, says Neumeyer, where precious metals will be in a bull run going forward. Neumeyer says there is too much debt in the system and a reset is inevitable.
What will that look like? He says no one really knows. However, he thinks gold and silver are must own assets.
Click here to watch the video and read more:
https://silverliberationarmy.blogspot.com/2019/01/gold-bull-starting-its-bigger-and.html
Another nonsense. Every time the same thing. But in the end, gold remains at the same price. That's when there will be more than 1300 then we'll talk. 
It is below 2%... since last month! We shouldn't measure something like that by looking at 1 month of data. The number you've given represents the lowest point of the last 6 or 7 months. For the vast majority of 2018 it was above or at 2% and this is still below the total measured average.
Above 2% doesn't mean 3%.
2.45 is still 16% lower than 3%.
When you put that in trillions it becomes a LOT!!!
And you should always care what the last number is because it shows the direction where things are going!
One is enough if it actually takes place. In my first post I've in fact said that I don't think a bankruptcy will happen and that I believe they will keep delaying it for many years by printing money and bailing out banks, just like they did before. I also did not mean specifically the EU, but also other countries like USA or Russia. All existing fiat currencies are eventually going to overinflate and die, but it can take another 100 years.
Nobody gives a damn about Russia and it's GDP the size of the Netherlands especially since they went bankrupt 2 times already since the 90' and nobody cared. It's like talking about cryptos while watching doge prices.
But I'm going to have to apologize for the confusion about the bankruptcy happening.
Seems like waging war with quotes I'm mistakenly thought you said something which obviously you didn't, so I was debating with god knows what there.
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Comparing the EU with Iran and Venezueala...let's not do this!
Because bigger means immune to crysis?
No, because Germany alone has 2/3 of the exports of China!
Because Germany had a bigger budget surplus of 48 Billions in the first semester, do you know how this looks compared to Venezuela? It means the budget surplus of Germany would pay the entire population of Venezuela their monthly wage for 40 years!!!
Seriously, let's not compare a 14 trillion economy of countries that rely on building every kind of machinery in this world with some that survive on building rat traps.
People seem to always forget that gold production has been rising for the past few decades. Right now the inflation rate is over 2% which by most reports is higher than the United States dollar. I know a lot of countries around the world are stockpiling gold but I just don't see it outperforming bitcoin or even the stock market.
Wow, seriously? Never imagined this could be possible, I would have thought of something under 0.1%.
Actually, the inflation is below 2% and that 1% might look small but in this contest, it means 33% less than you were assuming.
It is below 2%... since last month! We shouldn't measure something like that by looking at 1 month of data. The number you've given represents the lowest point of the last 6 or 7 months. For the vast majority of 2018 it was above or at 2% and this is still below the total measured average. The inflation rate in European Union was recorded at 1.70 percent in December of 2018. Inflation Rate in European Union averaged 2.45 percent from 1997 until 2018, reaching an all time high of 8.40 percent in November of 1997 and a record low of -0.50 percent in January of 2015.
And the fact that members of the EU who are not using the EURO have higher inflation it actually makes it easier for the others to bail them since their currencies are cheaper and cheaper compared to the euro.
There are also exception to that. We all know what the exchange rate of Euro to Pound is.
You were saying that one bankruptcy is enough yet 3 were avoided and two of the countries mentioned have no problems anymore, the whole PIGS drama is over..Portugal actually has the biggest budget surplus ever recorded this century.
One is enough if it actually takes place. In my first post I've in fact said that I don't think a bankruptcy will happen and that I believe they will keep delaying it for many years by printing money and bailing out banks, just like they did before. I also did not mean specifically the EU, but also other countries like USA or Russia. All existing fiat currencies are eventually going to overinflate and die, but it can take another 100 years.
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No, the bankruptcy you're expecting is busy somewhere else
Maybe reading its list of achievements and thinking who should be added next time it strikes. Deutsche Bank looks like it might be the first to go.
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Comparing the EU with Iran and Venezueala...let's not do this!
Because bigger means immune to crisis? How I'd like that to be true. When it hits nobody will be expecting it, just like people in the US in 1928 did not expect what was about to come next year.
People seem to always forget that gold production has been rising for the past few decades. Right now the inflation rate is over 2% which by most reports is higher than the United States dollar. I know a lot of countries around the world are stockpiling gold but I just don't see it outperforming bitcoin or even the stock market.
A bankruptcy of some of the EU member countries is enough. Greece and Cyprus were very close to it and so was Iceland. Of course, their demise won't mean the bankruptcy of Germany. You can't take down a country that basically rules the EU as easily, but the situation is in fact worse than they want us to believe by showing that inflation is below 3%.
This is great, but this is not the only indicator. Not all EU countries are using €.
This is great, but this is not the only indicator. Not all EU countries are using €.
Actually, the inflation is below 2% and that 1% might look small but in this contest, it means 33% less than you were assuming.
And the fact that members of the EU who are not using the EURO have higher inflation it actually makes it easier for the others to bail them since their currencies are cheaper and cheaper compared to the euro.
You were saying that one bankruptcy is enough yet 3 were avoided and two of the countries mentioned have no problems anymore, the whole PIGS drama is over..Portugal actually has the biggest budget surplus ever recorded this century.
No, the bankruptcy you're expecting is busy somewhere else
It has already started in Venezuela and many other countries like Iran.
Comparing the EU with Iran and Venezueala...let's not do this!
EU bankrupcy? With billions in trade surplus?
Hyperinflation? Seriously? Hyperinflation?
If the EU at 0.3 is experiencing hyperinflation what the hell is that thing in Venezuela?
I seriously don't understand this fetish some have that cryptos can't work or be adopted on a large scale unless something really really bad happens and we're out of jobs/food/clothes/pussy.
If it's going to take a full worldwide bankruptcy wave to adopt bitcoin....count me out!!!!
A bankruptcy of some of the EU member countries is enough. Greece and Cyprus were very close to it and so was Iceland. Of course, their demise won't mean the bankruptcy of Germany. You can't take down a country that basically rules the EU as easily, but the situation is in fact worse than they want us to believe by showing that inflation is below 3%.Hyperinflation? Seriously? Hyperinflation?
If the EU at 0.3 is experiencing hyperinflation what the hell is that thing in Venezuela?
I seriously don't understand this fetish some have that cryptos can't work or be adopted on a large scale unless something really really bad happens and we're out of jobs/food/clothes/pussy.
If it's going to take a full worldwide bankruptcy wave to adopt bitcoin....count me out!!!!
This is great, but this is not the only indicator. Not all EU countries are using €.
I said they will keep printing until the point when hyperinflation starts. It has already started in Venezuela and many other countries like Iran.
It's not like this is a steady and slow process. Inflation rises exponentially. One year you see the signs and get warnings from researchers that get shut down by politicians, next year people are forming lines to the nearest ATM.
I agree that a SHTF scenario won't push adoption. People will be to busy worrying and panicking to start learning about decentralized currencies.
I seriously don't understand this fetish some have that cryptos can't work or be adopted on a large scale unless something really really bad happens and we're out of jobs/food/clothes/pussy.
If it's going to take a full worldwide bankruptcy wave to adopt bitcoin....count me out!!!!
If it's going to take a full worldwide bankruptcy wave to adopt bitcoin....count me out!!!!
I feel the same way. If Bitcoin needs fiat currencies and economies to collapse in order to succeed, I'd rather just see the status quo continue.
Bitcoiners picked it up from gold bugs and the Austrian economics crowd. They see fiat money as unsustainable, so they rationally want to position themselves to profit from it. They figure if people lose faith in fiat currencies linked to state economies, they'll naturally turn to decentralized assets (like Gold or Bitcoin) which don't have the same weaknesses. They assume that'll cause their value to skyrocket as stored value flows away from currencies and equities.
On a long enough timeline, I don't think these people are fundamentally wrong, but I think they're of the "broken clock is right twice a day" variety.
I do realise that the signs are there, but they've been there for the last 20 years.
2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
So that means the delaying will took more months or even years before Gold bull will start. 2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
Many circumstances will be taking place for bitcoin to over run this situation, and I think most of the countries into adoption of cryptocurrency is widely affected. The struggle is real and definitely a serious matter to focus on. Potentially bigger and better cannot be obtain without the dedication of huge holders behind the back of bitcoin, whether it's better than last time; most importantly you have your principles intact.
Add also decades there
@coolcoinz
EU bankrupcy? With billions in trade surplus?
Hyperinflation? Seriously? Hyperinflation?
If the EU at 0.3 is experiencing hyperinflation what the hell is that thing in Venezuela?
I seriously don't understand this fetish some have that cryptos can't work or be adopted on a large scale unless something really really bad happens and we're out of jobs/food/clothes/pussy.
If it's going to take a full worldwide bankruptcy wave to adopt bitcoin....count me out!!!!
I do realise that the signs are there, but they've been there for the last 20 years.
2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
Thank you for articulating this so perfectly. This is exactly my feeling on the issue. I've been hearing for so many years how the collapse is imminent, and don't get me wrong, I can see the fiat system is fundamentally unsound. It's just obvious that most people drastically underestimate the ability of governments and central banks to sustain the system even as it edges towards collapse. The end could come several decades down the road. Back in the early 2000s I was waiting on the edge of my seat. Now? Less so......
Most of those people (gold, silver and crypto vloggers) believe that we'll have a huge crash in markets. One that will last for years and put whole countries into the state of depression. They are preaching the collapse of the Dollar and/or the bursting of housing bubble and nothing happens. Real estate prices in some countries like the UK are going up like crazy and there are no signs of it changing. The Dollar, inflated as it is, is still doing fine. The stock market is acting like it might reverse, but the crash was prevented once in 2003, so they can always start another war (Iran) and keep it going. I just can't imagine a SHTF scenario in our near future.
What you dont realise is the above did happen and they kicked the can down the road by printing trillions in QE money.
All the root causes of 2003 were not resolved, if anything they have got even worse so the clock is ticking again.
I do realise that the signs are there, but they've been there for the last 20 years.
2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
Most of those people (gold, silver and crypto vloggers) believe that we'll have a huge crash in markets. One that will last for years and put whole countries into the state of depression. They are preaching the collapse of the Dollar and/or the bursting of housing bubble and nothing happens. Real estate prices in some countries like the UK are going up like crazy and there are no signs of it changing. The Dollar, inflated as it is, is still doing fine. The stock market is acting like it might reverse, but the crash was prevented once in 2003, so they can always start another war (Iran) and keep it going. I just can't imagine a SHTF scenario in our near future.
What you dont realise is the above did happen and they kicked the can down the road by printing trillions in QE money.
All the root causes of 2003 were not resolved, if anything they have got even worse so the clock is ticking again.
I do realise that the signs are there, but they've been there for the last 20 years.
2003 was basically 2008 in the making, just delayed by the war in Iraq, similar to EU bankruptcy delayed by bailouts. I simply believe that they will be able to keep delaying this in future and printing money to the point of hyperinflation, but with the rate it's going we'll be old when it hits us.
In order for gold to go bull again the fiat currencies needs to drop in value which they already have, that means you are betting on dollar and euro and so forth to double dip and lose value more in the world to make a gold bull again. There is already a limited supply of gold already which means it can't get any more scarce, not like we can lost a good chunk of gold all of a sudden, they can't just disappear and make the rest of the gold valuable again.
It means there doesn't seem to be a gold bull coming anytime soon unless something unexpected happens. People do not run away from fiat and go buy gold like crazy to increase the price because unfortunately people in the world are either really poor or really rich and rich people are already doing their investments and the rest are too poor to make any change on gold prices.
It means there doesn't seem to be a gold bull coming anytime soon unless something unexpected happens. People do not run away from fiat and go buy gold like crazy to increase the price because unfortunately people in the world are either really poor or really rich and rich people are already doing their investments and the rest are too poor to make any change on gold prices.
gold and silver held a price increase event and it should be utilized by many investors who have bought gold and silver to sell their assets and profit from the increase in prices of gold, because prices will not always rise will surely come down again, because that's when riding is better selling it.
Most of those people (gold, silver and crypto vloggers) believe that we'll have a huge crash in markets. One that will last for years and put whole countries into the state of depression. They are preaching the collapse of the Dollar and/or the bursting of housing bubble and nothing happens. Real estate prices in some countries like the UK are going up like crazy and there are no signs of it changing. The Dollar, inflated as it is, is still doing fine. The stock market is acting like it might reverse, but the crash was prevented once in 2003, so they can always start another war (Iran) and keep it going. I just can't imagine a SHTF scenario in our near future.
What you dont realise is the above did happen and they kicked the can down the road by printing trillions in QE money.
All the root causes of 2003 were not resolved, if anything they have got even worse so the clock is ticking again.
ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period,
And you do the same by choosing the extreme law and the extreme high
up to the present, they're both well-performing assets over the long term. i'm content leaving it at that. 
But long term in gold means 10-20 years in BTC 2-3 maybe 4
I'm really not interested in holding gold for 20 years to see some profits that I could enjoy for....
I'm not Connor MacLeod unfortunately.and people that bought bitcoin near the top lost their ass completely.
Yeah, people heard that in 2011, 2012, 2013, 2014...
Goldbugs on the other hand
I would like to say that I like the cryptocurrency market. Compared with the gold market, the cryptocurrency market is more interesting, more exciting, with lower entry barrier and more free operation. Like ZB, that's where I play. Stability, freedom.
ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.
up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.
different from gold where after a remarkable increase is not followed by a remarkable decline as well. whereas we can see btc now. up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.
I think that's more because Bitcoin is so speculative and young. It's experimental and risky.......much more speculative than gold, which has a very strong historical basis for value.
Gold's gains are much smaller, but so are the crashes. I guess this is what people refer to when they talk about "mature" markets. You don't expect them to lose 90% of their value overnight. With crypto, a 90% crash is always a possibility.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.
up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
ah, that's not a fair comparison though. those are just arbitrary time periods. if you look back at the 2000-11 period, gold rose something like 600-700%. that's a pretty incredible gain for a historically stable and reliable commodity. they aren't bitcoin-level gains, but i also wouldn't expect that from an asset that's been traded for thousands of years.
up to the present, they're both well-performing assets over the long term. i'm content leaving it at that.
Most of those people (gold, silver and crypto vloggers) believe that we'll have a huge crash in markets. One that will last for years and put whole countries into the state of depression. They are preaching the collapse of the Dollar and/or the bursting of housing bubble and nothing happens. Real estate prices in some countries like the UK are going up like crazy and there are no signs of it changing. The Dollar, inflated as it is, is still doing fine. The stock market is acting like it might reverse, but the crash was prevented once in 2003, so they can always start another war (Iran) and keep it going. I just can't imagine a SHTF scenario in our near future.
I wonder what is bigger, the current price of gold per ounce (as a number) or the number of articles on that blog in which the next gold run will start....soon..soon since 2011...even sooner in 2020...soon...2140...soon
Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.
actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
and people that bought bitcoin near the top lost their ass completely.
I wonder what is bigger, the current price of gold per ounce (as a number) or the number of articles on that blog in which the next gold run will start....soon..soon since 2011...even sooner in 2020...soon...2140...soon
Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
Seriously what do you people expect from a blog named "The Silver Liberation". I would rather take financial advice from rick and morty.
actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.
The main difference is that people who have bought bitcoin in 2011 have made a fortune, people that have bought gold in 2011 are still counting loses. And if takes you more than 10 years to at least cover your investment...
Gold has performed strongly the last few months.
But it's all just noise until key resistance levels are broken.
I don't check the price of gold every day, but it seems like that strong performance is just a fluke--it's still right around $1300, which is where it's been stuck for quite a while now. I think it is just noise and not any indication of a bull trend, and yep, just like with bitcoin trading sideways for months on end.But it's all just noise until key resistance levels are broken.
I think a lot of investors got burned leading up to the 2011 ATH in gold, and I also think a lot of money that investors would have otherwise put into gold or other commodities might have ended up in the crypto market. It's just my opinion, but I don't think that even after 8 years people are going to be rushing back into the metals market with as much enthusiasm as they did throughout the 2000s. Newer, younger traders don't want something as old-fashioned and staid as gold--bitcoin is much more up their alley. Plus you'd think with all the economic and political unrest that's happening globally that people would in fact be looking for a safe haven asset right now, but apparently it isn't gold or silver or their appetite for risk is exceptionally large.
This thread is complete bullshit. Whenever I visit coinflation.com to check the silver price (which isn't that often), I see links to articles that say almost the exact same thing as the title of this thread--and it's the same thing year after year since before 2011. And where is gold right now? Yeah, still sub-$1300. It's been either going down or trading sideways for years now, but that doesn't stop the gold permabulls from spouting the same bullish nonsense.
Gold has performed strongly the last few months. After seeing three white soldiers on the 1-month candles, I can understand why gold bugs are getting excited again. But it's all just noise until key resistance levels are broken. They haven't been.
It's a lot like Bitcoin bulls for the last year. Every time they see a few green candles, they think we're going to the moon. It's just an inherent bias that investors have.
gold market is better than crypto market ?
actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.
gold market is better than crypto market ?
actually can be said to be the same. because if seen, the gold market can be more stable, or the fluctuation is not as extreme as bitcoin. while the bitcoin fluctuation is very extreme which can make a big loss, but also huge profit. so I think the market between gold and bitcoin is the same.
This thread is complete bullshit. Whenever I visit coinflation.com to check the silver price (which isn't that often), I see links to articles that say almost the exact same thing as the title of this thread--and it's the same thing year after year since before 2011. And where is gold right now? Yeah, still sub-$1300. It's been either going down or trading sideways for years now, but that doesn't stop the gold permabulls from spouting the same bullish nonsense.
Take a look at the price chart of gold, 2011-now and compare that to something like the S&P 500 or even bitcoin, and then you tell me if you would rather own a commodity like gold. It's nice if you want some quality jewelry or a nice coin, but it's a horrible investment.
Take a look at the price chart of gold, 2011-now and compare that to something like the S&P 500 or even bitcoin, and then you tell me if you would rather own a commodity like gold. It's nice if you want some quality jewelry or a nice coin, but it's a horrible investment.
Not until the market breaks $1,375. That's been a hard ceiling going back to 2016. If it broke, I'd bet on a continued mid-term bull market, with an open mind for eventual new ATHs.
As it is, bulls haven't even fully retraced the early 2018 dumps. Gold bugs are jumping the gun.
As it is, bulls haven't even fully retraced the early 2018 dumps. Gold bugs are jumping the gun.
gold market is better than crypto market ?
First Majestic Silver founder, CEO and President Keith Neumeyer thinks another gold and silver bull run is beginning now, one that will make the 2010-2012 run pale in comparison.
2008 eight was a liquidity crisis. It was a “sell everything” mentality.
This time around, it is a different type of environment, says Neumeyer, where precious metals will be in a bull run going forward. Neumeyer says there is too much debt in the system and a reset is inevitable.
What will that look like? He says no one really knows. However, he thinks gold and silver are must own assets.
Click here to watch the video and read more:
https://silverliberationarmy.blogspot.com/2019/01/gold-bull-starting-its-bigger-and.html
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