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Title: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: secone on June 04, 2016, 04:23:09 AM US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic Recovery Lie Is Exposed
It’s going to be a long weekend for those holding stocks and believing in the “recovery” lie. Today, the US government released its jobs report and the market was expecting an additional 200,000 jobs were added in May. Instead, the number came in at a paltry 38,000. One analyst, Naseem Aslam of Think Forex UK said, “The U.S. nonfarm payroll data was crazy and completely unbelievable and this is the last set of important data before the Fed meeting. When you look at the data set, it really boggles your mind because the unemployment rate has ticked lower. The productivity picture is even more confusing as it is not increasing.” http://www.marketoracle.co.uk/Article55413.html Title: Re: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: aso118 on June 04, 2016, 06:08:55 AM For a change, gold and bitcoin are moving in the same direction, thanks to dollar weakness. :)
This wasn't the case last week. http://cointelegraph.com/news/gold-plummets-while-bitcoin-skyrockets Title: Re: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: BellaBitBit on June 04, 2016, 04:42:02 PM For a change, gold and bitcoin are moving in the same direction, thanks to dollar weakness. :) This wasn't the case last week. http://cointelegraph.com/news/gold-plummets-while-bitcoin-skyrockets bye bye USD hopefully. Good to see gold move with bitcoin. Title: Re: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: aso118 on June 05, 2016, 09:12:10 AM For a change, gold and bitcoin are moving in the same direction, thanks to dollar weakness. :) This wasn't the case last week. http://cointelegraph.com/news/gold-plummets-while-bitcoin-skyrockets bye bye USD hopefully. Good to see gold move with bitcoin. It is too early to say goodbye to the USD. But with quantitative easing and the huge debt of the United States, I wouldn't be surprised if the rot has already set in. Title: Re: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: coinzat on June 05, 2016, 02:03:41 PM dollars has always a yearly inflation rates and people used to it . so I do not agree with who thinks that dollar will collapse soon or it will fall down a alot
Title: Re: [2016-06-04] US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic........ Post by: Kprawn on June 05, 2016, 04:13:30 PM Just when you think the USD is down for the count, the government comes back and print more money, backed by the banks. This stimulates more debt and keeps the economy going. Once people see
through this façade, they will eventually turn to something that will have a store of value, like gold and Bitcoin. Bitcoin looks very volatile, but in the long run... the price per Bitcoin climb steadily upwards over time. Do not be too focused on the short term volatility, because you will miss the bigger picture. ;D |