Author

Topic: Gold collapsing. Bitcoin UP. - page 1269. (Read 2032274 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 11:17:43 AM
i hate gold with a passion.
If you end up with any by tragic accident, I can ease that suffering by taking it off your hands.
Have to keep my refinery well fed.

i'll hold you to that

1 small coin for 10BTC

THANK YOU!

 Grin
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 11, 2013, 11:14:01 AM
i hate gold with a passion.
If you end up with any by tragic accident, I can ease that suffering by taking it off your hands.
Have to keep my refinery well fed.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 11:08:28 AM
i hate gold with a passion.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 10:55:26 AM
Gold is not going up. It's the dollar that's losing value.

If anything in the marketplace should be the yardstick of value, it is gold, not USD. So you should price USD in terms of gold and you will see a very different picture. Don't let the "upward run" of gold deceive you. Gold isn't changing, the dollars are.
Are you kidding me? The gains in Gold the last 10 yrs or so reflect much more than just the inflation, it’s a speculative bubble.


Maybe there is some speculation, but the price collapse is not a bubble popping so much as it is an engineered event.

I have to agree with Blitz­  on this one.

their no doubt that gold has been victim of speculation.
If the dollar has lost so much value, why is it virtually all other commodities have not skyrocketed like gold?
sure everything has gotten more expensive in the past ten years, but nothing like gold.
gold price shooting up should be viewed as people predicting/speculating the dollar will fall in value.
gold was hyped to no end.... look around you see buy gold buy gold everywhere.
gold has priced in the next 10 years worth of inflation.

It appears that gold is pricing in anticipated deflation. Which would be inevitable in the event of a reversal in the trend of U.S. borrowing.

the FED will keep up QE to keep interest rates low, forever, this has nothing to do with government spending

deflation is not an option.

gold corrected is correcting a bubble

just wait till gold starts to price in BITCOIN!  Grin
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 10:52:32 AM
I have to agree with Blitz­  on this one.

their no doubt that gold has been victim of speculation.
If the dollar has lost so much value, why is it virtually all other commodities have not skyrocketed like gold?
sure everything has gotten more expensive in the past ten years, but nothing like gold.
gold price shooting up should be viewed as people predicting/speculating the dollar will fall in value.
gold was hyped to no end.... look around you see buy gold buy gold everywhere.
gold has priced in the next 10 years worth of inflation.
Speculation, heh heh, you could call it that, but it isn't the normal sort of speculation...
Gold is more manipulated than any other commodity.  It is the only commodity that is classified as a currency by BASEL and the central banks.  They central banks have as a part of their reason for existing, the manipulation of the BASEL listed currencies against each other.  It is the only such currency that is not also a geographically defined one, so it is especially manipulated.  The folks doing this manipulation are many orders of magnitude more monetarily influential than "speculators".

Yes, "hyping" is a bearish indicator.
I am not suggesting that the gold/dollar price is going to rise in any particular timeframe, but I also don't pretend to know what the next 10 years of inflation are going to bring.

The gold price doesn't move by traders buying and selling more than a little, the price moves by central banks and their bullion banks moving it.  The ETFs gave these folks massive leverage power over gold.  The price direction is not for us to say, it is for the generals of the currency war.
The retail market is not the market.

the banks can fight the free market all they want...
bitcoin will prevail!
 Cheesy
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 11, 2013, 10:37:27 AM
I have to agree with Blitz­  on this one.

their no doubt that gold has been victim of speculation.
If the dollar has lost so much value, why is it virtually all other commodities have not skyrocketed like gold?
sure everything has gotten more expensive in the past ten years, but nothing like gold.
gold price shooting up should be viewed as people predicting/speculating the dollar will fall in value.
gold was hyped to no end.... look around you see buy gold buy gold everywhere.
gold has priced in the next 10 years worth of inflation.
Speculation, heh heh, you could call it that, but it isn't the normal sort of speculation...
Gold is more manipulated than any other commodity.  It is the only commodity that is classified as a currency by BASEL and the central banks.  They central banks have as a part of their reason for existing, the manipulation of the BASEL listed currencies against each other.  It is the only such currency that is not also a geographically defined one, so it is especially manipulated.  The folks doing this manipulation are many orders of magnitude more monetarily influential than "speculators".

Yes, "hyping" is a bearish indicator.
I am not suggesting that the gold/dollar price is going to rise in any particular timeframe, but I also don't pretend to know what the next 10 years of inflation are going to bring.

The gold price doesn't move by traders buying and selling more than a little, the price moves by central banks and their bullion banks moving it.  The ETFs gave these folks massive leverage power over gold.  The price direction is not for us to say, it is for the generals of the currency war.
The retail market is not the market.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 10:25:39 AM
Gold is not going up. It's the dollar that's losing value.

If anything in the marketplace should be the yardstick of value, it is gold, not USD. So you should price USD in terms of gold and you will see a very different picture. Don't let the "upward run" of gold deceive you. Gold isn't changing, the dollars are.
Are you kidding me? The gains in Gold the last 10 yrs or so reflect much more than just the inflation, it’s a speculative bubble.


Maybe there is some speculation, but the price collapse is not a bubble popping so much as it is an engineered event.

I have to agree with Blitz­  on this one.

their no doubt that gold has been victim of speculation.
If the dollar has lost so much value, why is it virtually all other commodities have not skyrocketed like gold?
sure everything has gotten more expensive in the past ten years, but nothing like gold.
gold price shooting up should be viewed as people predicting/speculating the dollar will fall in value.
gold was hyped to no end.... look around you see buy gold buy gold everywhere.
gold has priced in the next 10 years worth of inflation.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 11, 2013, 10:11:57 AM
Gold is not going up. It's the dollar that's losing value.

If anything in the marketplace should be the yardstick of value, it is gold, not USD. So you should price USD in terms of gold and you will see a very different picture. Don't let the "upward run" of gold deceive you. Gold isn't changing, the dollars are.
Are you kidding me? The gains in Gold the last 10 yrs or so reflect much more than just the inflation, it’s a speculative bubble.


Maybe there is some speculation, but the price collapse is not a bubble popping so much as it is an engineered event.
legendary
Activity: 1316
Merit: 1005
October 11, 2013, 09:33:37 AM
West duped. East rising.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
October 11, 2013, 08:30:30 AM
Gold collapsing. Bitcoin up.

coincidence?
I think NOT!
legendary
Activity: 1764
Merit: 1002
October 11, 2013, 08:29:02 AM
Gold collapsing. Bitcoin up.
legendary
Activity: 1400
Merit: 1013
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
October 11, 2013, 03:58:57 AM
Congrats cypherdoc, 300 pages is quite impressive trying to make a point
legendary
Activity: 1764
Merit: 1002
October 10, 2013, 02:34:59 PM
Gold down moarer.  Bitcoin up.
legendary
Activity: 1764
Merit: 1002
October 10, 2013, 12:18:35 PM
Gold down.  Bitcoin up.
legendary
Activity: 2044
Merit: 1005
October 09, 2013, 02:14:10 PM
high volume on gold spot cfd today. Looks like major accumulation has begun to target $2k and beyond.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 09, 2013, 09:13:33 AM
Hudes says something about 140,000 tons of gold in vaults on Hawaii. Any merit to this?
There are a few things in there that I'm skeptical about. Like the Jesuits controlling China, and the mention of the state governors going after the corruption sounds a bit like this meme that was going around last year: http://www.knowthelies.com/node/7274

The allegations of corrupt dealings at the World Bank, though, are consistent with reports from other whistleblowers.

For what its worth, there are about 2500 tons of gold mined in a good year, and about 165,000 tons mined throughout human history, so no, there aren't 140K Tons on Hawaii.
legendary
Activity: 1764
Merit: 1002
October 09, 2013, 09:09:47 AM
Gold more down, Bitcoin up.
legendary
Activity: 1400
Merit: 1013
October 09, 2013, 09:06:54 AM
Hudes says something about 140,000 tons of gold in vaults on Hawaii. Any merit to this?
There are a few things in there that I'm skeptical about. Like the Jesuits controlling China, and the mention of the state governors going after the corruption sounds a bit like this meme that was going around last year: http://www.knowthelies.com/node/7274

The allegations of corrupt dealings at the World Bank, though, are consistent with reports from other whistleblowers.
newbie
Activity: 56
Merit: 0
October 09, 2013, 08:52:09 AM
So apparently gold is to precious to sell. Well what happens if someone demands it?

http://www.thenewamerican.com/economy/markets/item/16674-treasury-refuses-to-sell-its-gold-even-in-the-event-of-default
.

they dont have the gold thats why germany demanded to have an audit of the fed reserve and they refused !! theres no gold there
Jump to: