Topic: Gold collapsing. Bitcoin UP. - page 1438. (Read 2032272 times)
What's a gold bugs worst nightmare? BITCOIN!
Buys=5x Asks
cypher's Rerack:
Gold: -7%
Bitcoin: +31%
Difference: 38% advantage Bitcoin.
Gold: -7%
Bitcoin: +31%
Difference: 38% advantage Bitcoin.
Booyah Baby, Booyah.
cypher's Rerack:
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
You forgot:
GLD 154
GPL 1.72
Cover that GLD yet? I saw Big Ben in the stable looking over white horses..
you're right:
GLD: -0.44%
GPL: -13%
no i didn't cover yet. must admit; gold is hangin tough. the real test starts now though as stocks resume the downtrend as we go into recession/depression.
cypher's Rerack:
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
You forgot:
GLD 154
GPL 1.72
Cover that GLD yet? I saw Big Ben in the stable looking over white horses..
A decline in human population does not necessarily imply that humans will die off -- it could implicate a quantum jump in evolution as well.
I like the way you think
For the deflationists, no need to print. As I've said before, it's like a ratcheting action: there's only one direction to go, and no fixing what's been done. The consequences cannot be ignored.
In the back of my mind is the nagging feeling that a depopulation event is the most 'natural' and effective way that this marker will be approached. I hope I am wrong as have been many people to this time.
Yup 20 years ago if you would have told me that the world would have been as calm as it has been the last 20 years I'd have laughed in your face. I fully expected sthtf far worse then it actually has. It makes me feel like being a bit more optimistic about things
.I just hope that this:
Doesn't turn into this:
A decline in human population does not necessarily imply that humans will die off -- it could implicate a quantum jump in evolution as well.
I'm the perfect trading indicator... I sell, price goes up.
Going to try and manipulate the market now.
Going to try and manipulate the market now.
In the back of my mind is the nagging feeling that a depopulation event is the most 'natural' and effective way that this marker will be approached. I hope I am wrong as have been many people to this time.
Yup 20 years ago if you would have told me that the world would have been as calm as it has been the last 20 years I'd have laughed in your face. I fully expected sthtf far worse then it actually has. It makes me feel like being a bit more optimistic about things
.I just hope that this:
Doesn't turn into this:
we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I gave my trust to metals as a saving media regardless of its fiat exchange rate, because a) I abhor Wall Street swindlers and money changers, and b) I refuse to play the rigged games. It's a moral thing (and a religion thing as you've said where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I asked you to relax because I sensed a lot of emotion in your message. If everything is moving toward the direction you predicted, shouldn't you just relax and enjoy the ride?
After all the sky won't fall, just like the world didn't end in 2008, or 1929.
Pretty well said vis-a-vis your rationals (since they largely capture mine I guess.)
Crisis tend to produce opportunities of their own, though one must sometimes be somewhat heartless to capitalize on them. More interestingly, the periods following tend to be pleasant with a rising tide floating all boats. I have some hope that my golden years may still fall largely within one of these periods.
I do have an unpleasant feeling that this time may be a little different since we seem to be at some 'peaks' in important things. Like Martenson points out, we are at a unique point in human history where we our future will be one of making more with less in terms of energy...and is synonymous for all intents and purposes with a lot of other terms...like 'food', 'raw minerals', etc, etc. That was not the case coming out of the 30's; at least not for the US. In the back of my mind is the nagging feeling that a depopulation event is the most 'natural' and effective way that this marker will be approached. I hope I am wrong as have been many people to this time.
cypher's Rerack:
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
Bitcoin: +27%
Gold: -7%
Diff: 34% advantage Bitcoin
if gold does what i expect it to do, you are going to see a Bitcoin explosion.
cypherdoc its the mast on a sinking ship; everybody is trying to climb it
I'm guessing he's "sitting up and taking notice" of gold again. I have to wonder how often that kind of flip-flopping will occur. Easing is taking place everywhere, yet it isn't going to happen in the US? Right.
It's supposed to be an emotional roller coaster, because price is the only thing most people look at and they'll be too fearful to make their own decisions because of that. So while the banks net out the last of their shorts, this is exactly the kind of wide ranging action to be expected.
Another good post from TF. Pay attention to the part with the Wargames reference about the only winning move...
Oh, and how will shattering confidence in currencies do anything to encourage their use? The answer is that it won't - the rush to protect wealth by owning real assets is building. Once again, that path will be to physical items including gold and silver, then a rise in Bitcoin as people start to understand the difference between the contemporary view of digital currencies associated with banks and that of cryptocurrencies.
I see gold taking off first, then Bitcoin. That means the large relative jumps in BTC value to date will be nothing compared to what we'll see in the next few years.
cypherdoc its the mast on a sinking ship; everybody is trying to climb it
we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I gave my trust to metals as a saving media regardless of its fiat exchange rate, because a) I abhor Wall Street swindlers and money changers, and b) I refuse to play the rigged games. It's a moral thing (and a religion thing as you've said where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I asked you to relax because I sensed a lot of emotion in your message. If everything is moving toward the direction you predicted, shouldn't you just relax and enjoy the ride?
After all the sky won't fall, just like the world didn't end in 2008, or 1929.
well, as long as you admit it, i can't fault you for it.
good luck.
we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I gave my trust to metals as a saving media regardless of its fiat exchange rate, because a) I abhor Wall Street swindlers and money changers, and b) I refuse to play the rigged games. It's a moral thing (and a religion thing as you've said where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I asked you to relax because I sensed a lot of emotion in your message. If everything is moving toward the direction you predicted, shouldn't you just relax and enjoy the ride?
After all the sky won't fall, just like the world didn't end in 2008, or 1929.
well, as long as you admit it, i can't fault you for it.
good luck.
we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I gave my trust to metals as a saving media regardless of its fiat exchange rate, because a) I abhor Wall Street swindlers and money changers, and b) I refuse to play the rigged games. It's a moral thing (and a religion thing as you've said where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I asked you to relax because I sensed a lot of emotion in your message. If everything is moving toward the direction you predicted, shouldn't you just relax and enjoy the ride?
After all the sky won't fall, just like the world didn't end in 2008, or 1929.
who was the dummy who did this? BUY into a suboptimal NFP number of 80K? this is an example of the absurd counterintuitive reasoning that is pervasive at the end of bull markets.
huh?relax
man.
Is it
the beginning of the end
or
the end of the beginning?
that is the question.
we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
who was the dummy who did this? BUY into a suboptimal NFP number of 80K? this is an example of the absurd counterintuitive reasoning that is pervasive at the end of bull markets.
huh?relax
man.
Is it
the beginning of the end
or
the end of the beginning?
that is the question.
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