Topic: Gold collapsing. Bitcoin UP. - page 1554. (Read 2032281 times)
Analyze it however you want, we are not about to experience a massive deflation in the US. They will start sending checks to everyone first.. They've done it before....
uh ok.. I don't see it..
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
This is relevant to my interests as well.
All that printed money has flowed into stocks and commodities, driving up the prices. But, it was loaned out, so when those loans come due, the stocks/commodities will need to be sold to cover the payments. Once the general markets realize there is no permanent results from such lending, everybody will be rushing out of equities to cover their asses as their debt skyrockets in value. Fed has promised to keep things floated at under 0.25% interest until mid 2014, but if there is a big enough "crisis" they could change their tune.
I think cypherdoc is thinking more in terms of technical, rather than fundamental analysis.
I'm guessing our fundamental analysis of the actual global situation is what he calls the linear thinking...
Indeed, if you are a trader, want to earn money on speculating, you want to pick corners.
But still, gold is not collapsing.
I'm guessing our fundamental analysis of the actual global situation is what he calls the linear thinking...
Indeed, if you are a trader, want to earn money on speculating, you want to pick corners.
But still, gold is not collapsing.
sorry, i just don't have the time to go thru it all but everything is in my blog and in that gold thread i referenced above.
uh ok.. I don't see it..
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
This is relevant to my interests as well.
uh ok.. I don't see it..
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
Exactly what besides housing and electronic devices has deflated??
i specialize in picking corners. in other words, before all the linear thinkers can see it. all the signs are here for a reversal.
Exactly what besides housing and electronic devices has deflated??
I believe that we've had significant deflation for a few years and...
I believe that all current monetary systems, and most throughout history, have a built in life expectancy defined by mathematics. And that we are nearing the end of the one which is currently dominant and, by virtue of globalization, fairly universally used worldwide. I could be wrong...I often am.
I'm sure that we'll see what Sinclair calls 'cost push inflation'. I am also betting on war as a time-tested way for the leadership of nations to deal with such problems.
I only ever started buying PM's as a break-even way of storing value, and that remains my philosophy. I do, however, allow for the possibility that they are undervalued through various schemes so I am (or at least have been) obtaining them at bargain rates. Happy days.
deflation would cause a huge public unrest; bankruptcies, unemployment, foreclosures, wiping out of all the pension funds...
...all of the above (the pension funds being gone already but just not really widely understood.) To my surprise, PM's have held up fairly well in this environment. As awareness of the magnitude of the problems becomes more widely understood is when PM's (and hopefully also Bitcoin) will start to take off.I believe that all current monetary systems, and most throughout history, have a built in life expectancy defined by mathematics. And that we are nearing the end of the one which is currently dominant and, by virtue of globalization, fairly universally used worldwide. I could be wrong...I often am.
I see inflation as the only way to go from here.
this, or a war.
this, or a war.
I'm sure that we'll see what Sinclair calls 'cost push inflation'. I am also betting on war as a time-tested way for the leadership of nations to deal with such problems.
but in any case, gold is a good place to store the savings.
and I mean physical gold - toilette paper is cheaper than the future contracts
and I mean physical gold - toilette paper is cheaper than the future contracts
I only ever started buying PM's as a break-even way of storing value, and that remains my philosophy. I do, however, allow for the possibility that they are undervalued through various schemes so I am (or at least have been) obtaining them at bargain rates. Happy days.
Scale = 0.000004 (~10 trillion vs ~40 million)
FTFY
last one out the door is a rotten egg!
Thanks to keep reminding me why I got you ignored Cypherdoc.
Hint : No sense of scale.
Hint : No sense of scale.
linear thinkers like you should be buying gold right now. are you? how about silver?
edit: how about pm mining stocks?
linear
I was commenting on your title,
Gold cannot "collapse", and bitcoin is too small to have anything to do with it.
Scale = 0.000004 (~10 trillion vs ~40 million)
Edit: Fixed
looks like we're gonna put in an inverted hammer on AAPL today. get out.
I agree with you that a deflationary event is coming. But do you think central banks won't react ?
the deflation will overwhelm them.
deflation would cause a huge public unrest; bankruptcies, unemployment, foreclosures, wiping out of all the pension funds...
I see inflation as the only way to go from here.
this, or a war.
but in any case, gold is a good place to store the savings.
and I mean physical gold - toilette paper is cheaper than the future contracts
I see inflation as the only way to go from here.
this, or a war.
but in any case, gold is a good place to store the savings.
and I mean physical gold - toilette paper is cheaper than the future contracts
I agree with you that a deflationary event is coming. But do you think central banks won't react ?
get out of stocks now.
do not be wedded to investment theories. go with what the market is telling you.
its telling you deflation is about to take over.
its telling you deflation is about to take over.
Here is some interesting explanation of why gold price has dropped so much recently.
http://www.zerohedge.com/news/another-record-ecb-margin-call-impairing-gold-again
But it's not collapsing - I don't think so. It will be right up back soon.
http://www.zerohedge.com/news/another-record-ecb-margin-call-impairing-gold-again
Quote
ECB has increased its margin calls on European banks by EUR162 million this week to another record high of over EUR17.3 billion. The side-effect of this appears to be that Gold is being sold to cover these margin calls just as it was in September 2011
But it's not collapsing - I don't think so. It will be right up back soon.
That explanation (liquidation of performing assets) has been used in the past and as far as I can tell it's held water, or held water on par with other theories. I'm waiting for some clarity on the CDS situation, and even more so on similar CDS issues with other countries besides Greece in hopes of some really significant liquidations. If such a thing filters down into the physical markets in a significant way, I'll back up the truck (again.)
Here is some interesting explanation of why gold price has dropped so much recently.
http://www.zerohedge.com/news/another-record-ecb-margin-call-impairing-gold-again
But it's not collapsing - I don't think so. It will be right up back soon.
http://www.zerohedge.com/news/another-record-ecb-margin-call-impairing-gold-again
Quote
ECB has increased its margin calls on European banks by EUR162 million this week to another record high of over EUR17.3 billion. The side-effect of this appears to be that Gold is being sold to cover these margin calls just as it was in September 2011
But it's not collapsing - I don't think so. It will be right up back soon.
Jump to: