Topic: Gold collapsing. Bitcoin UP. - page 1156. (Read 2032266 times)

Gold was 1300 and BTC was 600 the last time you said gold was crashing.

Now gold is still at 1300 and BTC is at 450.


Why do you make these silly claims? Looking at a 3 day chart is just silly when everyone can see a 6 month chart.


I just don't get the point of this.

Especially regarding gold, the bankers have like 80% of the total supply in their vaults (latest addition: Ukraine gold reserves flown to the U.S. when the coup took control of the capital). It is hard not to control the market with such a share.

http://www.youtube.com/watch?v=g6lWjL_nO-c

oops further:

oops

I keep seeing predictions about the collapse of the west and the banking system.  While it has serious problems, I think it is dangerous to underestimate establishment's ability to keep it propped up and kick the can down the road for perhaps your entire lifetime.

they are both collapsing at different rates.

still, both are way safer than fiat in a bank, so the fun will start with the run to quality/to the exit.

http://pricedingold.com/charts/BTC-2010.pdf

no, i think we'll leave it just as is.

imagine if they dig a hole in the ground and find a shit tone of gold and silver

you want to end up on the "graph of shame"? 

No he should not. If you would have read the thread you would have known that.

I think you can be fairly pessimistic when you see the amount of lies and deception the politics are using to hide the problems that they created : riots, martial law and wars are not out of the question

You could not be in the US or Europe when the worse happens and be safely in a freer country

... to da moon baby ....

but you do NOT want to be around when it happens because everything else will be going to da shithouse ...

Gold has been going up every year for 10years except in 2013 and bitcoin has been going up every single year so far; the governments agencies have been manipulating the markets, the USD hasn't collapse yet and we didn't have the much needed recession so Gold and Bitcoin will go to the moon when the problems really arrive in the west

Placing bets for or against the price of PMs in USD is basically the same as flipping a coin. Most of the long term hoarders don't care what the price is in fiat. They just know that if/when the dollar collapses they'll probably be better off than a lot of people. BTC is the only relatively pure supply and demand play that I've seen in the last 15 years. If more people buy than sell, the price goes up and vice versa. That will probably change in years to come. Right now in PMs it seems the more people buy the lower the price goes. Imagine if apple started selling twice as many iphones as last year, the stock price would double. A few years back some guy worked out that if you went short gold during the US trading day and long during the overnight markets you would have made some huge profits.

"Back in August 2010, we presented an idea proposed by our friends at SK Options trading for a very simple trading strategy: being long gold in the overnight session, and shorting it during the day. At the time of writing, such a strategy would have returned $2.16 billion from a $100 million initial investment in 10 years, a 37.46% annualized return. Today, we provide a much needed follow up to this quite stunning divergence. As SK notes: "we have revisited the article and written an update. Not only does the discrepancy still exist but it has been actually increasing. That fund would now be worth $5.26B, way up from $2.16B when we last wrote about it - in other words an increase of 143% in just over a year. When we wrote about this in August 2010, the annualized return of the Long Overnight/Short Intraday gold index was 37.46% since the start of 2001. However if we measure from now the annualized return since 2001 is 43.24%, with the annualized return of the Long Overnight/Short Intraday gold index standing at roughly 64.4% since 2009." "

someone's suggesting to call precious metal investors to get them into bitcoin on reddit. ;-)

Yeah, Kitco and 0.25, one year from today. 1100 or less at anytime before then.

We'll go with kitco, i guess. Did you want .15 or .25 ?

On to the next bet , we'll think of something.