Gold collapsing. Bitcoin UP. - page 1387.

cypherdoc

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Quote from: silverbox on October 12, 2012, 12:18:07 PM

Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

His bladder is infinitely large.

lol! now there's an optimist for you. your wife told me you're infinitely large as well!!! Wink

silverbox

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Activity: 966

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Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

His bladder is infinitely large.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: SkRRJyTC on October 12, 2012, 12:09:17 PM

Quote from: cypherdoc on October 12, 2012, 10:44:54 AM

Quote from: SkRRJyTC on October 12, 2012, 10:41:13 AM

Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

Do you think he can't or he won't?

All he has to do is push the create $16 trillion button and poof it will exist.

Why cant he do this?

go back and read my original gold thread. it's all there.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Quote from: cypherdoc on October 12, 2012, 10:44:54 AM

Quote from: SkRRJyTC on October 12, 2012, 10:41:13 AM

Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

Do you think he can't or he won't?

All he has to do is push the create $16 trillion button and poof it will exist.

Why cant he do this?

cypherdoc

legendary

Activity: 1764

Merit: 1002

hmmmm, that Goldcorp short is working out pretty well...maybe i'll short GPL.

what!? Fidelity says "no available shares to short" on GPL! bwahahahahaha! Wink

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: SkRRJyTC on October 12, 2012, 10:41:13 AM

Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

Do you think he can't or he won't?

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Quote from: cypherdoc on October 12, 2012, 10:37:47 AM

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

Do you think he can't or he won't?

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: silverbox on October 10, 2012, 03:48:03 PM

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

unfortunately, Ben's bladder is too small to fill up the toilet of irreconcilable debt to prevent the flush down into deflationary hell.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

This looks bullish for the yellow metal Wink

http://uk.reuters.com/article/2012/10/11/uk-safrica-strikes-gold-idUKBRE89A0FK20121011

SkRRJyTC

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Activity: 1008

Merit: 1000

Quote from: cypherdoc on October 09, 2012, 10:30:58 AM

USD=80 coming right up.

lulz

molecular

donator

Activity: 2772

Merit: 1019

Quote from: cypherdoc on October 10, 2012, 04:02:17 AM

Quote from: molecular on October 10, 2012, 03:28:31 AM

Quote from: cypherdoc on October 09, 2012, 10:23:53 AM

why does gold fold like a cheap suit everytime stocks drop or the USD rises? doesn't it have any more staying power than that?

what do my sleepy detectors tell me? are you, cypherdoc, in fact, TROLLING?!?

So you, as a voice of reason, would prefer to only hear pro gold opinions?

lol. Oh no, cypherdoc, I wouldn't be reading this thread if I couldn't take bearish metal talk. If I want to hear one-sided pro-gold stuff I go to the various youtube stacker channels.

Also: if gold and silver went to $300/$5, it wouldn't hurt me nearly as much the closing of the glbse and subsequent mini-crash of bitcoin has. In fact all this doesn't hurt me much at all, because I'm a "poor capitalist" - so to speak - and I don't have much value in any pot.

I was merely pointing to the supposed fact that you were kind of blatantly tantalizing people to trigger some emotional response... that's what it seemed to me at the time at least (might've just been me, though).

Thanks for calling me "a voice of reason",... not sure where that comes from Wink

labestiol

sr. member

Activity: 434

Merit: 251

Quote from: cypherdoc on October 10, 2012, 12:01:47 PM

then you're going to have to explain to me why the Yen has been going up for the last coupla decades in the face of a growing debt/GDP of approx. 230% and despite the printing of trillions of Yen to stimulate the economy. no modern financial system with a mature bond market has ever had a hyperinflation.

That a good point. I'll have to think more about it (belgian beer is too strong for me to think, but so tasty Grin

)
The first thing which come to mind is : Who is selling USD to buy JPY ? Why ?
Second one is : Is it really sustainable ? How ?

I'll (try to) answer to you when I'll sober up

silverbox

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Activity: 966

Merit: 1003

Quote from: cypherdoc on October 10, 2012, 12:42:50 PM

silverbox, you're about to lose all your gains on GPL. sell while you can.

I know, but I just checked and the fed is still printing money like its going out of style, I'll just wait Wink

cypherdoc

legendary

Activity: 1764

Merit: 1002

silverbox, you're about to lose all your gains on GPL. sell while you can.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: labestiol on October 10, 2012, 08:22:58 AM

No, we like to hear your bearish opinions on PM. I still disagree with it, but it definitely helps to question my reasoning.

I agree with most of what you say, except the fact that they'll avoid cheapening the dollar, to avoid the dangerous consequences of it.
They have a debt to pay back, that doesn't work with a strong dollar policy. If that triggers revolutions in other countries, too bad for the people, but that's a good opportunity to place some puppet as a liberator.

As for the current price action, we still are in this 1750-1800 range. So the action on the last 4 weeks was just noise. Once we have a clear breakout up or down, that'll be a signal.

then you're going to have to explain to me why the Yen has been going up for the last coupla decades in the face of a growing debt/GDP of approx. 230% and despite the printing of trillions of Yen to stimulate the economy. no modern financial system with a mature bond market has ever had a hyperinflation.

labestiol

sr. member

Activity: 434

Merit: 251

No, we like to hear your bearish opinions on PM. I still disagree with it, but it definitely helps to question my reasoning.

I agree with most of what you say, except the fact that they'll avoid cheapening the dollar, to avoid the dangerous consequences of it.
They have a debt to pay back, that doesn't work with a strong dollar policy. If that triggers revolutions in other countries, too bad for the people, but that's a good opportunity to place some puppet as a liberator.

As for the current price action, we still are in this 1750-1800 range. So the action on the last 4 weeks was just noise. Once we have a clear breakout up or down, that'll be a signal.

cypherdoc

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Quote from: molecular on October 10, 2012, 03:28:31 AM

Quote from: cypherdoc on October 09, 2012, 10:23:53 AM

why does gold fold like a cheap suit everytime stocks drop or the USD rises? doesn't it have any more staying power than that?

what do my sleepy detectors tell me? are you, cypherdoc, in fact, TROLLING?!?

So you, as a voice of reason, would prefer to only hear pro gold opinions?

Why don't you declare victory like SK and Matthew LM? Then everyone around here could pat you on the back like a good boy.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: cypherdoc on October 09, 2012, 10:23:53 AM

why does gold fold like a cheap suit everytime stocks drop or the USD rises? doesn't it have any more staying power than that?

what do my sleepy detectors tell me? are you, cypherdoc, in fact, TROLLING?!?

tvbcof

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Quote from: Dusty on October 10, 2012, 02:19:24 AM

Quote from: tvbcof on October 09, 2012, 09:13:15 PM

Ultimately I would like to see a situation where each 'self sufficient community', and other bodies who have something of potential value, issue their own crypto-currency. If the organization is managed well (including how it's currency solution is implemented and maintained) then it's monetary system prospers and the members who make up the organization benefit.

The problem of such a proposal is that if the community is (even not so) small their cryptocurrency is prone to 51% attack.

That does not concern me a whole lot. Easy enough to white-list valid blocks if one is not so concerned about centralization. And in a freely chosen community-based crypto-accounting system centralization is not such a concern.

Quote from: Dusty on October 10, 2012, 02:19:24 AM

But they can get a bunch of bitcoins and use them to overcome that risk, there are really not many drawbacks.

There were a number of trade offs made in the design of Bitcoin. All in all I am amazed at how prescient the balance the designer choose was, but different designs might fit different problems better.

My thought would be to induce people to use a given solution because it serves there needs best rather than force them into a solution through either lack of options more blatant expressions of force. In this way the best solutions (for the user) will survive and even better ones will evolve.

Dusty

hero member

Activity: 731

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Libertas a calumnia

Quote from: tvbcof on October 09, 2012, 09:13:15 PM

Ultimately I would like to see a situation where each 'self sufficient community', and other bodies who have something of potential value, issue their own crypto-currency. If the organization is managed well (including how it's currency solution is implemented and maintained) then it's monetary system prospers and the members who make up the organization benefit.

The problem of such a proposal is that if the community is (even not so) small their cryptocurrency is prone to 51% attack.

But they can get a bunch of bitcoins and use them to overcome that risk, there are really not many drawbacks.

Topic: Gold collapsing. Bitcoin UP. - page 1387. (Read 2032274 times)