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Topic: Gold collapsing. Bitcoin UP. - page 1310. (Read 2032272 times)

hero member
Activity: 731
Merit: 503
Libertas a calumnia
May 19, 2013, 04:55:48 AM
Supernode even holds 10,000 oz of silver.
Sorry, what do you mean?
legendary
Activity: 1764
Merit: 1002
May 19, 2013, 04:43:31 AM
I don't believe silver is a losing trade if bought with bitcoin profits.



Now that move would be the most tragically epic of all.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 19, 2013, 04:37:45 AM
I don't believe silver is a losing trade if bought with bitcoin profits.

legendary
Activity: 1764
Merit: 1002
May 19, 2013, 04:20:44 AM
im buying gold and silver as part of a diversified portfolio. everyone should have 5 to 10% of their wealth in gold and silver.


I agree, and that's even easier to do now with silver inching closer to $22 and gold in $1300s. Shit is whack.

The article that miscreanity posted about the hedge fund managers significantly increasing their investment in junior mining shares/etc is yet another eye-opener. It's not even a matter of keeping the faith, it's a matter of not being a complete idiot and understanding what's going on in the world of central banks and stock markets. Selling PMs now is like buying single-family homes at the top of the housing bubble a few years ago.





It will be even easier when silver is $6 and gold is $400.


As silver keeps fallingin price I have to keep buying more of it to keep it in my range. But yeah, $6 silver would be epic.

Epicly tragic.

For you.
legendary
Activity: 1764
Merit: 1002
May 19, 2013, 04:19:08 AM
Gold sinking further, Bitcoin UP.

Sorry boys.

Currently reading the "Gold: I smell trap" thread. (Very long, but interesting read!)

I'm starting to believe I should have sold my precious metals.  Cry

i poured about 4 mo of my life into that thread.

It shows... still haven't finished it yet!

You might have mentioned it in a later page, but did you "divorce" your krands?  Tongue

The only divorce threatened at the time was from my wife if I didn't start talking to her more.

But yes, I did dump most of my krands.

I've tried to marry the small remainder to miscreanity but inexplicably he keeps playing hard to get.
sr. member
Activity: 434
Merit: 250
May 19, 2013, 03:06:55 AM
Gold sinking further, Bitcoin UP.

Sorry boys.

Currently reading the "Gold: I smell trap" thread. (Very long, but interesting read!)

I'm starting to believe I should have sold my precious metals.  Cry

i poured about 4 mo of my life into that thread.

It shows... still haven't finished it yet!

You might have mentioned it in a later page, but did you "divorce" your krands?  Tongue
legendary
Activity: 1764
Merit: 1002
May 19, 2013, 12:17:41 AM
Gold sinking further, Bitcoin UP.

Sorry boys.

Currently reading the "Gold: I smell trap" thread. (Very long, but interesting read!)

I'm starting to believe I should have sold my precious metals.  Cry

i poured about 4 mo of my life into that thread.
legendary
Activity: 1764
Merit: 1002
May 19, 2013, 12:16:39 AM
Gold sinking further, Bitcoin UP.

Sorry boys.

Riddle me this.

you been riddled alright; with losses.
legendary
Activity: 1764
Merit: 1002
May 19, 2013, 12:11:43 AM
Quote
"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

Quote of the week ... sounds like he got some pressure from banksters to "DO SOMETHING!!!" ... took a look into them, came out with lame "bitcoin-derivative stuff" ... then said, ah fuck it, too hard.

"They don't exist and then they are not my problem"

what regulator wants to fail at regulating?
sr. member
Activity: 448
Merit: 250
May 18, 2013, 02:01:50 PM
im buying gold and silver as part of a diversified portfolio. everyone should have 5 to 10% of their wealth in gold and silver.


I agree, and that's even easier to do now with silver inching closer to $22 and gold in $1300s. Shit is whack.

The article that miscreanity posted about the hedge fund managers significantly increasing their investment in junior mining shares/etc is yet another eye-opener. It's not even a matter of keeping the faith, it's a matter of not being a complete idiot and understanding what's going on in the world of central banks and stock markets. Selling PMs now is like buying single-family homes at the top of the housing bubble a few years ago.



legendary
Activity: 1316
Merit: 1005
May 18, 2013, 01:22:02 PM
Gold sinking further, Bitcoin UP.

Sorry boys.

Riddle me this.
hero member
Activity: 784
Merit: 1000
May 18, 2013, 02:07:50 AM
Chinese are going crazy buying gold. Grannies and grandpas queuing up to buy any gold they can get their hands on... necklaces etc.

Hope it lasts, I want to print off flyers for Bitcoin and sprinkle them around the gold shops. Bit of a high-risk endeavour though.

Poor gun fodders. Too bad I can't stop  a few of them.

im buying gold and silver as part of a diversified portfolio. everyone should have 5 to 10% of their wealth in gold and silver.

Which is a given if you are from a Chinese family.
hero member
Activity: 784
Merit: 1000
May 18, 2013, 02:01:25 AM
Chinese are going crazy buying gold. Grannies and grandpas queuing up to buy any gold they can get their hands on... necklaces etc.

Hope it lasts, I want to print off flyers for Bitcoin and sprinkle them around the gold shops. Bit of a high-risk endeavour though.

Poor gun fodders. Too bad I can't stop  a few of them.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
May 18, 2013, 01:59:28 AM
Chinese are going crazy buying gold. Grannies and grandpas queuing up to buy any gold they can get their hands on... necklaces etc.

Hope it lasts, I want to print off flyers for Bitcoin and sprinkle them around the gold shops. Bit of a high-risk endeavour though.
legendary
Activity: 1246
Merit: 1010
May 17, 2013, 10:24:57 PM
Gold sinking further, Bitcoin UP.

Sorry boys.

Here's to hoping I have to do another update tomorrow!  Gold price almost warrants it!
sr. member
Activity: 434
Merit: 250
May 17, 2013, 08:41:27 PM
Gold sinking further, Bitcoin UP.

Sorry boys.

Currently reading the "Gold: I smell trap" thread. (Very long, but interesting read!)

I'm starting to believe I should have sold my precious metals.  Cry
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
May 17, 2013, 06:08:12 PM
Quote
"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

Quote of the week ... sounds like he got some pressure from banksters to "DO SOMETHING!!!" ... took a look into them, came out with lame "bitcoin-derivative stuff" ... then said, ah fuck it, too hard.

"They don't exist and then they are not my problem"
legendary
Activity: 1764
Merit: 1002
May 17, 2013, 12:25:44 PM
Gold sinking further, Bitcoin UP.

Sorry boys.
legendary
Activity: 3122
Merit: 1538
yes
May 17, 2013, 11:41:40 AM
This remains an epic thread.
legendary
Activity: 1764
Merit: 1002
May 17, 2013, 11:08:14 AM
News flash from Jane Wells:

"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

That's hugely positive news more so than the atm in the cnbs piece.

http://video.cnbc.com/gallery/?play=1&video=3000169018

the absurdity is highlighted in this well written article by Michael Suede:  http://www.policymic.com/articles/42301/bitcoin-price-2013-feds-seize-funds-of-world-s-largest-bitcoin-exchange-on-dubious-legal-grounds

i would suggest that Karpeles quote Bart Chilton during his defence of the DHS by saying, "well, Bart said, Bitcoins don't exist so how can i be a money transmitter?"
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