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Topic: Gold collapsing. Bitcoin UP. - page 1458. (Read 2032274 times)

full member
Activity: 223
Merit: 100
June 08, 2012, 04:14:36 PM
LOL, well, that could be a positive of stacking SPAM - you know you won't be eating it unless there's nothing else left  Grin
legendary
Activity: 966
Merit: 1003
June 08, 2012, 03:42:49 PM


Guaranteed to be the last thing on your shelf..
full member
Activity: 223
Merit: 100
June 08, 2012, 03:21:38 PM
The spot prices of gold and silver are about as honest as the non-farm payroll numbers. As someone said the other week, we don't have markets, we have the Truman Show.

I'm sure many here probably already frequent TFMetals Report - the latest post contains an account of last night's raid by 2 people who were trading at the time:

http://www.tfmetalsreport.com/blog/3885/last-desperate-acts

I'm so glad I got into Bitcoin - with all these shenanigans intensifying over the last couple of weeks, Bitcoin has come through unscathed, heck it even strengthened.

I'll just keep stacking my coins - be they gold, silver or bit. And canned hams of course.... gotta stack those hams  Grin

legendary
Activity: 966
Merit: 1003
June 07, 2012, 03:43:40 PM

understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.

Here's an idea:

Take one safe-ish strategy, advertise it publically, and play it.  Then state the win metrics, and also the win metrics for the better plays that you and your subscribers have going.  Like you say, if you are bullshitting, your subscribers will call you on it.

Hell, get a proven string going and even I would be likely to sign up!



7% a week baby, can't beat it!!
legendary
Activity: 4760
Merit: 1283
June 07, 2012, 03:39:50 PM

understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.

Here's an idea:

Take one safe-ish strategy, advertise it publically, and play it.  Then state the win metrics, and also the win metrics for the better plays that you and your subscribers have going.  Like you say, if you are bullshitting, your subscribers will call you on it.

Hell, get a proven string going and even I would be likely to sign up!

legendary
Activity: 1764
Merit: 1002
June 07, 2012, 02:34:22 PM
The Daaash for Digital Caaash!
legendary
Activity: 1190
Merit: 1004
June 07, 2012, 02:10:36 PM
I'm doubting speculators in gold really wanted to hear the precise words "quantitative easing". What more do they want to hear other than ultra low interest rates until 2014? As has been shown countless of times before, these moves down are often engineered.
legendary
Activity: 1316
Merit: 1005
June 07, 2012, 01:11:06 PM
This may be about as good as it gets for covering PM shorts.

The markets are calling Bernanke on his bluff in this high-stakes poker game. Only ~$30 down on a major announcement Ben, really? Weak. And no real confirmation from other fiat? Sad.

Even though the house has the keys to the vault, it's way outnumbered by the players.

As tvbcof pointed out, credit has been given where due.
legendary
Activity: 1764
Merit: 1002
June 07, 2012, 12:26:48 PM
Au got down to $1580.  Where did you cover, CD?
i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Not true.  If you hedged effectively on your short, I personally have some admiration.  I'm not at all a trader so it's an impressive feat which I am incapable of.  OTOH, a big win would also be attenuated it seems to me.  I guess my style is mostly to go all in for the longer haul based on fundamentals.  Neither strategy is either right or wrong I think.  Just depends on the person and his/her situation.

I would suggest that an inarguable example of one of your trading success (that is, one which was stated explicitly ahead of time) in public might induce more people to be interested in your for-pay newsletter.  I have to say that it was a little questionable to publicly announce your short but keep the hedge in your box of tricks to pull out if needed.



understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.
legendary
Activity: 4760
Merit: 1283
June 07, 2012, 12:24:17 PM
Au got down to $1580.  Where did you cover, CD?
i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Not true.  If you hedged effectively on your short, I personally have some admiration.  I'm not at all a trader so it's an impressive feat which I am incapable of.  OTOH, a big win would also be attenuated it seems to me.  I guess my style is mostly to go all in for the longer haul based on fundamentals.  Neither strategy is either right or wrong I think.  Just depends on the person and his/her situation.

I would suggest that an inarguable example of one of your trading success (that is, one which was stated explicitly ahead of time) in public might induce more people to be interested in your for-pay newsletter.  I have to say that it was a little questionable to publicly announce your short but keep the hedge in your box of tricks to pull out if needed.

legendary
Activity: 1008
Merit: 1000
June 07, 2012, 12:19:46 PM
Au got down to $1580.  Where did you cover, CD?



i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Keep posting them to your subs!
legendary
Activity: 1764
Merit: 1002
June 07, 2012, 12:13:53 PM
Au got down to $1580.  Where did you cover, CD?



i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.
legendary
Activity: 4760
Merit: 1283
June 07, 2012, 12:09:55 PM
Au got down to $1580.  Where did you cover, CD?

legendary
Activity: 966
Merit: 1003
June 07, 2012, 11:03:00 AM
this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 6/7

Bitcoin 5.50   (up ~2%)

Gold 1585  (down ~6%)

BTC is up ( finally; 3 months after the call  )  Gold still hasn't collapsed.  BTC is outperforming gold.


AAPL 572  (just a few more days)

GLD 154 (cypher shorted at 152)

and this definately wasn't cherry picking, as gold is getting hammered today, cause the bearded one forgot to mention he's gonna open a couple more spillways Wink

corrections:

1.  i never said the beginning of this thread was a starting point.  it was a general continuation call from last year August.

2.  my GLD short was hedged by a GDXJ long which I took off last Friday so now I am net positive on the paired trade.

3.  the GG, DZZ, ZSL and SLW shorts are killin' it.

4.  yes, i'm going to lose on the Apple bet.  how did i let him change the original proposal that AAPL wouldn't hit 700? Wink

5.  oh yes; silverbox is upside down on his miner trade  Cheesy

lol.

1.  You titled the thread gold collapsing, bitcoin up..  How could that not be the start point of this thread and discussion..

2.  Your GLD short in and of itself is underwater.  You announce it and asked for it to be recorded here: https://bitcointalksearch.org/topic/m.932843

3.  My phyzz I purchased in 2006-7 is killin it too!!  so??

4.  Yup, you called for a massive collapse in the stock market, then made a bet based upon that call that was supposed to prove that your call was right.  It didn't collapse, your losing the bet.  Wink    Where is this corner you were calling for??  This doensn't even qualify as a bend as far I'm concerned much less a corner Wink  More of a small pullback with sideways action from there..

5.  What miner trade is that??

legendary
Activity: 1764
Merit: 1002
June 07, 2012, 10:29:50 AM
this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 6/7

Bitcoin 5.50   (up ~2%)

Gold 1585  (down ~6%)

BTC is up ( finally; 3 months after the call  )  Gold still hasn't collapsed.  BTC is outperforming gold.


AAPL 572  (just a few more days)

GLD 154 (cypher shorted at 152)

and this definately wasn't cherry picking, as gold is getting hammered today, cause the bearded one forgot to mention he's gonna open a couple more spillways Wink

corrections:

1.  i never said the beginning of this thread was a starting point.  it was a general continuation call from last year August.

2.  my GLD short was hedged by a GDXJ long which I took off last Friday so now I am net positive on the paired trade.

3.  the GG, DZZ, ZSL and SLW shorts are killin' it.

4.  yes, i'm going to lose on the Apple bet.  how did i let him change the original proposal that AAPL wouldn't hit 700? Wink

5.  oh yes; silverbox is upside down on his miner trade  Cheesy
legendary
Activity: 966
Merit: 1003
June 07, 2012, 10:24:32 AM
this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 6/7

Bitcoin 5.50   (up ~2%)

Gold 1585  (down ~6%)

BTC is up ( finally; 3 months after the call  )  Gold still hasn't collapsed.  BTC is outperforming gold.


AAPL 572  (just a few more days)

GLD 154 (cypher shorted at 152)

and this definately wasn't cherry picking, as gold is getting hammered today, cause the bearded one forgot to mention he's gonna open a couple more spillways Wink
legendary
Activity: 1764
Merit: 1002
June 07, 2012, 10:18:49 AM
Gold even further down, Bitcoin further UP! Smiley

how come we don't get updates from silverbox anymore?

lol, its only been like 2 days since the last one, I'll get to it in a minute Wink

not a good response.  i expected something better from you like:

"GIVE ME MY 10 BTC's!" Wink
Oh lol



you know that i will be right.  it's just taking longer than a damn 2 mo.  so close though, got down to 522.
legendary
Activity: 966
Merit: 1003
June 07, 2012, 10:18:04 AM
Gold even further down, Bitcoin further UP! Smiley

how come we don't get updates from silverbox anymore?

lol, its only been like 2 days since the last one, I'll get to it in a minute Wink

not a good response.  i expected something better from you like:

"GIVE ME MY 10 BTC's!" Wink
Oh lol

legendary
Activity: 1764
Merit: 1002
June 07, 2012, 10:16:30 AM
GLD, SLV, SLW, GG all getting smashed.  ZSL and DZZ up good.
legendary
Activity: 1764
Merit: 1002
June 07, 2012, 10:15:21 AM
Gold even further down, Bitcoin further UP! Smiley

how come we don't get updates from silverbox anymore?

lol, its only been like 2 days since the last one, I'll get to it in a minute Wink

not a good response/update.  i expected something better from you like:

"GIVE ME MY 10 BTC's!" Wink
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