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Topic: Gold collapsing. Bitcoin UP. - page 1079. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:54:17 AM
Third world continue filling up their coffers with dollars:

"Reserves Break $3 Trillion Mark in Emerging Markets"

http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
I wouldn't call SK 3rd world..

But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.

it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US.  i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on.  when does it all end?  i guess it makes sense to debt enslave America.  altho, i'm sure we'll default.  how they don't get this is beyond me. 

imo, the end game is if and when the UST market cracks.  that's the big kahuna for the US. 
sr. member
Activity: 371
Merit: 250
July 17, 2014, 10:52:27 AM
Zerohedge is reporting that MH17 has been shot down over the Ukraine. Another Malaysia Airlines 777. Gold is currently up $10.

http://www.zerohedge.com/news/2014-07-17/here-real-time-flight-path-malaysian-airlines-flight-mh-17


moral of the story-"don't fly over Ukraine".

No shit. I've flown with them many times before. Those guys can't catch a break right now.
FNG
hero member
Activity: 588
Merit: 500
July 17, 2014, 10:49:40 AM
Third world continue filling up their coffers with dollars:

"Reserves Break $3 Trillion Mark in Emerging Markets"

http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
I wouldn't call SK 3rd world..

But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:47:52 AM
Zerohedge is reporting that MH17 has been shot down over the Ukraine. Another Malaysia Airlines 777. Gold is currently up $10.

http://www.zerohedge.com/news/2014-07-17/here-real-time-flight-path-malaysian-airlines-flight-mh-17


moral of the story-"don't fly over Ukraine".
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:47:16 AM
Third world continue filling up their coffers with dollars:

"Reserves Break $3 Trillion Mark in Emerging Markets"

http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html

Bitcoin Bulls- "we have unlimited amounts of ammunition".
legendary
Activity: 1512
Merit: 1005
July 17, 2014, 10:45:17 AM
Third world continue filling up their coffers with dollars:

"Reserves Break $3 Trillion Mark in Emerging Markets"

http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
sr. member
Activity: 371
Merit: 250
July 17, 2014, 10:43:29 AM
Zerohedge is reporting that MH17 has been shot down over the Ukraine. Another Malaysia Airlines 777. Gold is currently up $10.

http://www.zerohedge.com/news/2014-07-17/here-real-time-flight-path-malaysian-airlines-flight-mh-17
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:36:24 AM
beautiful intraday reversal on the VIX:



Do you think buying VIX (via some appropriate ETF) and holding for a few months is a good idea?

possibly.  if you look at the long term VIX chart i posted above, you'll see a small double bottom formation with a higher low which could be signalling a true bottom on that chart.

i say possibly b/c there seems to be no limit to what the Fed will do to prop the stock market up.  that's actually been a defined goal of theirs for the last 5 yrs.  Yellen even said yesterday that she doesn't think the economy is yet healthy and she's right.  that means she stands ready to pump yet more.  the trick is if you believe they can forever control markets.  the timing of that is hard b/c short term they seem to be able to but long term there is inevitably crashes like in 2001 and 2008.  we're over due for one right now.  it seems every Chairman has to deal with at least one major asset crash during their tenure and i don't think Yellen will be able to avoid hers.

long answer; maybe.  Grin
FNG
hero member
Activity: 588
Merit: 500
July 17, 2014, 10:34:43 AM
definitely got a flight to safety going on with UST's, gold, and Bitcoin all rallying with stocks DOWN.

USD down which is interesting.
people are figuring it out..well..besides the UST buyers  Grin

But I won't be surprised if Gold crashes hard on paper only to have physical supply dry up and rise 20x

so while paper sets the price of physical the game is still rigged
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:30:56 AM
well DFNYS tells us 2 things:

1.  Bitcoin will not be made illegal in the US-huge positive
2.  large corporations now have clarity if they want to get into Bitcoin-also positive from my perspective
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:29:00 AM
definitely got a flight to safety going on with UST's, gold, and Bitcoin all rallying with stocks DOWN.

USD down which is interesting.
legendary
Activity: 1008
Merit: 1000
July 17, 2014, 10:21:43 AM
beautiful intraday reversal on the VIX:



Do you think buying VIX (via some appropriate ETF) and holding for a few months is a good idea?
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:18:00 AM
beautiful intraday reversal on the VIX:

legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:16:32 AM
Treasuries rallying.

diving for safety?  i'll never understand that...
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:15:56 AM
stocks diving.

what's concerning is that false breakout on the Russell.
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:11:58 AM
this could be the big event i've been waiting for.  Bull flag:

FNG
hero member
Activity: 588
Merit: 500
July 17, 2014, 10:08:50 AM
Super Nintendo Rally - ON
legendary
Activity: 1764
Merit: 1002
July 17, 2014, 10:08:02 AM
the epitome of strength:

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