Gold even further down, Bitcoin further UP! 
how come we don't get updates from silverbox anymore?
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
Topic: Gold collapsing. Bitcoin UP. - page 1459. (Read 2032274 times)
lol, its only been like 2 days since the last one, I'll get to it in a minute
he is talking about the ratio of value of gold to silver. gold could fall to 280 and he would still be correct
I realize that. The lower the ratio goes the more bullish the environment. Nope.
yeah, that is the normal thinking... i am not so sure honestly. once the cent banks dump gold to get their new super world currency it will be the natural ratio again.
in a bullish environment, when the ratio goes down, both metals will usually go up, silver more so.
Gold even further down, Bitcoin further UP!
how come we don't get updates from silverbox anymore?
how come we don't get updates from silverbox anymore?
he is talking about the ratio of value of gold to silver. gold could fall to 280 and he would still be correct
I realize that. The lower the ratio goes the more bullish the environment. Nope.
Same story from Bernanke: super low interest rates to continue.
10 to 1 here we come!!
One more thing to watch: the gold-silver ratio has now failed a third attempt to breach the 56-57 range high established in September 2011. Continued breakdown of the ratio will be a very good sign.
Lastly, I haven't weighed in on the equities decline because it hasn't had the ring of true concern; it's been more like a toddler's temper tantrum than a genuine emergency situation. This has been highlighted nicely by Eric De Groot.
Eric Degroot will be wrong; again.I wonder what your definition of 'wrong' is.
The Australian dollar experienced large-scale accumulation on its decline. After a week it dipped 300bp then rose the same amount to form a V bottom on the dailies, and with very few along for the ride.
Statistical concentration of capital is an overweight position and ripe for reversal. Within two days of the linked post, the dollar and the long bond slowed their ascent while gold shot up almost $100.
GLD statistically oversold means that there isn't much downside left. Where are we now? From 152, GLD rose to 159.
TLT flashed a warning on June 1st and is now down a hefty 5 points from that peak.
Brent crude is back over $100 and NYMEX is sure to follow, as accumulation is occuring here as well.
So your still not gonna cover then
Hopefully it dips back down..
Hopefully it dips back down..
no; i believe this was a short covering rally and a counter trend bounce. now we go down and penetrate the Dec lows.
Thats one take on it.. Another is that the Mainline trend for the last 10 years has been reestablished and the last 6-9 months was the counter trend, and we will go up from here..
I'm not sure that one is true either
hey, i can finally say, based on your metric; Gold down, Bitcoin UP!
So your still not gonna cover then
Hopefully it dips back down..
Hopefully it dips back down..
no; i believe this was a short covering rally and a counter trend bounce. now we go down and penetrate the Dec lows.
Thats one take on it.. Another is that the Mainline trend for the last 10 years has been reestablished and the last 6-9 months was the counter trend, and we will go up from here..
I'm not sure that one is true either
So your still not gonna cover then
Hopefully it dips back down..
Hopefully it dips back down..
no; i believe this was a short covering rally and a counter trend bounce. now we go down and penetrate the Dec lows.
So your still not gonna cover then
Hopefully it dips back down..
Hopefully it dips back down..
you been had.
Its time for silver.
We need better rockets for silver.
mmmm Silver....
Up up up up baby..
actually my subs don't have to vouch for anything. i wrote everything right here in this thread. go back and check.
I remember. No need to check. Just wondering if you covered yet, as the dollar index is falling..
Don't get caught with your pants down with QE3, euro gold bonds, and a falling dollar index all on the table...
USDX isnt falling... not until its below $81 would I call it falling.
EDIT $82 is an important level too... just not as important IMO
We didnt even test $82...
EDIT: Metals are inching up with the dollar now... interesting
USD sideways above $82...
Silver chart looks beautiful this morning
Hi all, I'm looking for some advice - I have some more fiat to invest and I've been racking my brain on where to put it. I'm new to Bitcoin but I've been buying heavily for the last 2 months. I already have decent physical gold and silver stacks. Here are the choices I've narrowed it down to:
1) More Bitcoin (though I have to admit I am hesitant to let my Bitcoin investment get into 5 figures)
2) More physical gold (I'm leaning towards this right now)
3) Mining shares (you know, the ones that the people on KWN are always saying are going to the moon)
4) Managed forex account (I know 90% of them are just scams, but I was hoping there are a couple of legitimate ones out there that could return at least 10% a year. If anyone knows of any, please share.)
All opinions are greatly appreciated!
1) More Bitcoin (though I have to admit I am hesitant to let my Bitcoin investment get into 5 figures)
2) More physical gold (I'm leaning towards this right now)
3) Mining shares (you know, the ones that the people on KWN are always saying are going to the moon)
4) Managed forex account (I know 90% of them are just scams, but I was hoping there are a couple of legitimate ones out there that could return at least 10% a year. If anyone knows of any, please share.)
All opinions are greatly appreciated!
Out of the four options, I would personally go with 1+2 with selective exposure to 3 and a token (disposable) amount in 4.
Another thing you can do without increasing Bitcoin exposure is invest with a project on the lending forum. Most are affiliated with Pirate's business and offer very high rates of return. After your initial investment has grown (maybe doubled), you can withdraw your capital and let the excess continue to grow.
If you want to avoid the excessive uncertainty surrounding Pirate's business, I recommend hashking's offering, which is backed by an established real-world business. The rates of return are more reasonable and/or stable.
You might be better off just keeping most of your bitcoins liquid for now, though - wait until a major event and then deploy after things have settled down for a while.
perhaps i should get a new toy.
Go big or go home
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