Author

Topic: It Will All Go Horribly Wrong (Read 568 times)

sr. member
Activity: 428
Merit: 250
March 17, 2017, 12:22:34 AM
#10
I hold physical gold and why not.

1) You would be stupid to go all in on bitcoin due to extreme volatility.

2) Banks are paying next to nothing in interest so if gold does go nowhere how much have you lost?

3) Stocks are overvalued and pumped due to quantative easing and there will be a significant correction sooner or later.

4) Gold will have a massive rally its just a case of when and not if.


That's it that gold is natural money and not paper or even the same bitcoin. Today everyone is chasing bitcoin because it is profitable, but as soon as this madness begins to pass, everything again will return to silver and gold.
I doubt if bitcoin will disappear just because Gold is real. Gold has been serving as a store of values for decades now and it values keep on increasing but bitcoin is the first crypto currencies that has challenged gold and silver items of values. I am not pray for bitcoin to disappear as it has proved to be fair to both the poor and the rich.
The main thing is that on a beautiful day we are not deprived of all that we have and invested in bitcoin. In other topics, the possibilities of not only local wars but even the possibility of a third world war are very sharply discussed. If this happens, then there can be no Internet or electricity. Then we will remember the real values.
sr. member
Activity: 924
Merit: 260
March 15, 2017, 09:37:54 AM
#9
I hold physical gold and why not.

1) You would be stupid to go all in on bitcoin due to extreme volatility.

2) Banks are paying next to nothing in interest so if gold does go nowhere how much have you lost?

3) Stocks are overvalued and pumped due to quantative easing and there will be a significant correction sooner or later.

4) Gold will have a massive rally its just a case of when and not if.


That's it that gold is natural money and not paper or even the same bitcoin. Today everyone is chasing bitcoin because it is profitable, but as soon as this madness begins to pass, everything again will return to silver and gold.
I doubt if bitcoin will disappear just because Gold is real. Gold has been serving as a store of values for decades now and it values keep on increasing but bitcoin is the first crypto currencies that has challenged gold and silver items of values. I am not pray for bitcoin to disappear as it has proved to be fair to both the poor and the rich.
newbie
Activity: 37
Merit: 0
March 15, 2017, 09:10:24 AM
#8
Gold will not go anywhere, because it's real. But bitcoin is in doubt. When people stop using crypto currency, bitcoin will disappear.
There has to be a really good reason for people to stop using crytocurrencies, especially not to develop these.
sr. member
Activity: 429
Merit: 250
March 15, 2017, 08:32:10 AM
#7
Gold will not go anywhere, because it's real. But bitcoin is in doubt. When people stop using crypto currency, bitcoin will disappear.
member
Activity: 116
Merit: 100
March 07, 2017, 04:41:18 PM
#6
I hold physical gold and why not.

1) You would be stupid to go all in on bitcoin due to extreme volatility.

2) Banks are paying next to nothing in interest so if gold does go nowhere how much have you lost?

3) Stocks are overvalued and pumped due to quantative easing and there will be a significant correction sooner or later.

4) Gold will have a massive rally its just a case of when and not if.


That's it that gold is natural money and not paper or even the same bitcoin. Today everyone is chasing bitcoin because it is profitable, but as soon as this madness begins to pass, everything again will return to silver and gold.
legendary
Activity: 3906
Merit: 1373
March 07, 2017, 03:48:34 PM
#5
I hold physical gold and why not.

1) You would be stupid to go all in on bitcoin due to extreme volatility.

2) Banks are paying next to nothing in interest so if gold does go nowhere how much have you lost?

3) Stocks are overvalued and pumped due to quantative easing and there will be a significant correction sooner or later.

4) Gold will have a massive rally its just a case of when and not if.


At least some physical is good.

If gold goes up like the people here https://www.caseyresearch.com/cm/date-gold-is-poised-to-soar think it will, there will be a lag time before paper gold becomes valueless. That lag time is where you can make your money, by holding lots of gold paper, and selling it off after the gold price goes up, but before the paper loses its value because it cannot be converted to metal, because there simply isn't nearly enough metal to cover the paper.

Cool
legendary
Activity: 2254
Merit: 1043
March 07, 2017, 03:18:24 PM
#4
I hold physical gold and why not.

1) You would be stupid to go all in on bitcoin due to extreme volatility.

2) Banks are paying next to nothing in interest so if gold does go nowhere how much have you lost?

3) Stocks are overvalued and pumped due to quantative easing and there will be a significant correction sooner or later.

4) Gold will have a massive rally its just a case of when and not if.

legendary
Activity: 3906
Merit: 1373
March 07, 2017, 03:13:39 PM
#3
Gold still hasn't passed an all time high reached a piffling 37 years ago adjusted for inflation.

I hope all these tossers who pump it constantly reimburse their audience when it just sits there and doesn't do much as usual.

That's a general history.

In the second of the two sites in the post directly above your post, even though it is a sales site, it has some interesting info. It seems that March 31 is the date that it becomes legal for Muslims to own gold. It also seems that there are a bunch of Muslims who would like to own gold.

Who knows what will happen? But...
1. 1.5 billion Muslims are a lot of Muslims.
2. And the ones that will want to own gold are the ones that can afford it.
3. To top this off, there isn't enough gold to go around now.
4. In addition, most of the gold presently owned is owned on paper with no gold to back it.
5. But Muslims don't want to hold paper; they want to own the actual metal.

What does this suggest? A big shortage of actual metal. The people who hold gold paper, will want their real gold when they realize that there isn't any backing their paper. The paper will become useless, but the value of the metal will rise with the shortage.

Again, nobody knows the future. But a shortage of anything that people want means an increase in value of it... and often a dramatic, super-fast increase. Consider Bitcoin, from pennies less than a decade ago.

Cool
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
March 07, 2017, 01:40:34 PM
#2
Gold still hasn't passed an all time high reached a piffling 37 years ago adjusted for inflation.

I hope all these tossers who pump it constantly reimburse their audience when it just sits there and doesn't do much as usual.
legendary
Activity: 3906
Merit: 1373
March 07, 2017, 09:38:37 AM
#1
It Will All Go Horribly Wrong





So why is less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman's terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments.


Read more at https://www.lewrockwell.com/2017/03/egon-von-greyerz/will-go-horribly-wrong/.


PLUS, BONUS INFO, BELOW ============================


The Date Gold Is Poised to Soar to $5,000





And the one virtually unknown gold trade to make now, in order to earn a once-in-a-lifetime 27 times MORE money than simply holding bullion.



Dear Reader,

It’s no secret that gold is on an absolute tear in 2016.

Due to zero percent interest rates… reckless central bank policies… and even the rise of digital cash…

Gold has soared from its bottom of $1,050 to $1,350, in one of its hottest quarters on record.

Analysts everywhere are predicting gold could head to $5,000 or higher.

Some like Jim Rickards even say gold could skyrocket to $10,000.

But nobody is sure exactly when… how… or the most lucrative way to play this boom.

That’s why I’ve created this presentation.

You see, there’s another urgent gold catalyst that you’re NOT hearing from the financial media.

One that almost certainly will drive gold to $5,000 and beyond.

And I know precisely when this will happen.

...


Read more at https://www.caseyresearch.com/cm/date-gold-is-poised-to-soar.


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