Topic: Gold collapsing. Bitcoin UP. - page 860. (Read 2032266 times)

Not talking about USD but gold against a basket.

One of the southern FED masters have come out and said they are for increasing QE should economy show signs of faltering.. but he is just one of many that need to vote as a consensus is formed... so its still tapering until its not.

thought they were tapering it actually?! (as the gold price..)

The problem of the US will not be Gold shooting up but the USD going down as Yellen increase QE

Well it is true that China is the main gold buyer along with Russia and India... and it is true that htey hold majority of the bonds during the crash... so they should have some say in the manipulation that is going on.. up till now they were happy to scoop it all up as cheap as possible.. and US has been happy to simply borrow gold away while depleting its resources so either US knows something China doesn't or US doesn't care about gold as it has another card to play (bitcoin?) or something... here have your gold, i've moved onto my bitcoin.

So the idea is that now that China has all of the gold it can set the true price and let it float without manipulation and watch it rise... and if US wants to do arb's sure.. but you need actual metal to do that to bring to the exchange in China to trade... so effectively eliminating arb'ing. Now China can set the price to double and people will buy knowing US inventory is done and real price is/was much higher in the first place... however if US has another card they might just say but wait a sec.. you dont need gold anymore look at what I got!

I guess assumption on facts are:

1) Is US inventory depleted? (can you buy contracts and have them physically delivered? I heard no)
2) Will china reprice (Why wouldn't they?)
3) Does US have a backup plan once gold shoots up and ppl run around like chickens with their heads cut off? (TIme will tell)

If our Rothschild OverLord of yesteryear was to think about that problem here's what he would say:
"Treat the stock Bitcoin exchange like a cold shower (quick in, quick out)."

problem is that if you don't keep coins on an exchange, then you can't trade. So if everyone followed your advice no BTC market could exist.

It's like Pirate40 has gone from the collective memory of Bitcoin, I'm visceraly sure this is happening and we're going to have another teachable moment.

But I also feel they will invest there ill gotten fiat back into Bitcoin, as its safer.

I didn't listen when said to only buy physical and avoid PM stocks.  WHOOPS!

His gloom and doom are nothing if not entertaining, like the thinking man's Alex Jones.  Especially when he gets all worked up and rants like Max Kaiser!   

The newsletter is pretty good too, although mostly a recap of the last 30 days of ZeroHedge.

Fringe conspiranoia aside, The Golden Jackass is easily worth 10 Martin Armstrongs. 

I offered a free sample, but he has zero interest in BTC.   

For clarity:

https://twitter.com/JustusRanvier/status/522779303088377857
https://twitter.com/JustusRanvier/status/522779720794914816

yeah, that was written out of emotion.

haha, your question actually has merit.  who's the real devil?  the lender, the shorter, or the exchange enabler?

i used to listen to Willie religiously.  unfortunately, he's too gloom and doom with lots of unsubstantiated sources ala his London guy.

but i agree with him.

plus, anyone leaving coins on an exchange deserves to lose them.

When who does what? Ah I see, my phone app doesn't show full convo.

worth watching for gold bugs:
https://www.youtube.com/watch?v=Ro6JUChxtF4

gentlemen, gold revaluation is coming.

that is pure evil 

http://www.bloomberg.com/news/2014-10-16/bullard-says-fed-should-consider-delay-in-ending-qe.html

https://twitter.com/JustusRanvier/status/522779720794914816

hit sub 80 oil.  amazing charade ya got going there, Fed!