Topic: Gold collapsing. Bitcoin UP. - page 1379. (Read 2032272 times)
GPL looking sickly.
Plus you have the new collateralization agreements (Basel III)
No, you don'thttp://www.foxbusiness.com/markets/2012/11/09/fed-delays-basel-iii-bank-capital-rules/
Shattered Dreams.
Foot->Mouth
Gold seems to be doing pretty good today.
its cuz the elections are over.
now just how bad the financial situation is, can be revealed.
Watch the shit hit the fan in less then 2 years
once its all said and done... gold 2500$, silver 150$, bitcoin 354$, and magically the dollar will still be 1$
Gold seems to be doing pretty good today.
oh, btw:
hmm, even I can see the problem here:
dead cat about to bounce?
oh, btw:
hmm, even I can see the problem here:
oh, btw:
Shattered Dreams.
We are back at 1720ish. And 32 for silver. i say that now they can just go up.
Today's approximate movements as of about 11:00 EST
USD
80.77 +0.14
+0.17%
Gold
1683.60 +6.70
+0.39%
Silver
31.05 +0.14
+0.45%
Bitcoin
10.7 +0.1
+0.93%
USD, gold, silver price source: Kitco
Bitcoin price source: Bitcoin charts
USD
80.77 +0.14
+0.17%
Gold
1683.60 +6.70
+0.39%
Silver
31.05 +0.14
+0.45%
Bitcoin
10.7 +0.1
+0.93%
USD, gold, silver price source: Kitco
Bitcoin price source: Bitcoin charts
everything's ok though; we also have a Bitcoin Rally.
Dollar Rally.
here's an interesting fact.
we've had 70 straight weeks of upward revisions to the Initial Claims Report for unemployment: http://biz.yahoo.com/c/terms/claims.html
we've had 70 straight weeks of upward revisions to the Initial Claims Report for unemployment: http://biz.yahoo.com/c/terms/claims.html
Ha ha, nice stat ! Someone should look for GDP revisions, there might be a bias too
Looking at the USDX it seems the other FIAT currencies should experience roughly the same rate of debasing.
Consumer prices seem high to me more frequently and for a wider range of products lately, so I think shit is finally trickling down. I expect this to increase.
Is honey a good indicator? For some unknown reason I think that is the case.
Consumer prices seem high to me more frequently and for a wider range of products lately, so I think shit is finally trickling down. I expect this to increase.
Is honey a good indicator? For some unknown reason I think that is the case.
Not only there's a problem with bees, but i wouldn't consider honey fungible. There's an infinity of honeys out there, depending on the strain of bees and the kind of nectar they are collecting. And I'm not talking about honey debasement (cut with syrup, the cheap shit you can find in stores)
To come back on the eternal inflation/deflation debate, I have to admit US administration did a good job so far at keeping stocks from collapsing while keeping oil (and metals) from exploding. Probably not sustainable, but nicely done. We'll see how things evolve after the election, and in which way.
The results will probably don't matter much, though an interesting fact is that Wall Street is clearly rooting for Romney (including the (in)famous Goldman Sachs), and that Obama seems to be in the lead (at least according to InTrade, and looking at campaign contributions).
I still have troubles thinking Goldman Sachs doesn't rule the world, but maybe some things might change in a few months.
My post was a bit of a joke but prices aren't only going up for me. There is high inflation in the UK, no doubt.
In October 2012 I spent £213.94 in supermarkets. In October 2011 I spent £197.26. I put that down to either an 8% price inflation or I'm drinking more wine...
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
Statistically not relevant, but I'm assuming 7-10% price inflation myself, just by pulling various sources together using my stomach.
Yep, this about right I would say
In October 2012 I spent £213.94 in supermarkets. In October 2011 I spent £197.26. I put that down to either an 8% price inflation or I'm drinking more wine...
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
Statistically not relevant, but I'm assuming 7-10% price inflation myself, just by pulling various sources together using my stomach.
In October 2012 I spent £213.94 in supermarkets. In October 2011 I spent £197.26. I put that down to either an 8% price inflation or I'm drinking more wine...
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
BTW: I would have spent more in October 2012 but there was a period of a few days where I did not need to spend as much, so there is an underestimation in price or wine inflation.
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