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Bitcoin => Press => Topic started by: The-Real-Link on April 15, 2013, 06:33:29 PM



Title: 2013-04-13 Forbes (Bitcoin's Crash / Gold and Silver Plunge...)
Post by: The-Real-Link on April 15, 2013, 06:33:29 PM
http://www.forbes.com/sites/panosmourdoukoutas/2013/04/14/bitcoins-crash-gold-and-silver-plunge-what-is-next/?utm_source=money.msn.com&utm_medium=partner&utm_campaign=wall+street+gold&partner=msnedit

Curious if this means that we'd swing back up.  But if investors are "burned" by Bitcoin, and now gold and silver, where will they go?  Edit - I figure back to Bitcoin ;)


Title: Re: 2013-04-13 Forbes (Bitcoin's Crash / Gold and Silver Plunge...)
Post by: marcus_of_augustus on April 15, 2013, 09:24:34 PM
The bond bubble is the one they are struggling with all their might to keep inflated  .... if investors start to abandon bonds then the game is up, (interest rates will rise regardless of the illusion of control from any central bank).

Gold and BTC were beginning to present viable alternatives to the "safe-haven" bond holdings ... that the central banks are devaluing with their unprecedented fiat money creation.

The bond bubble is the next to pop and the crash will be spectacular.  :D We are at the nexus, debt or asset money, your choice?


Title: Re: 2013-04-13 Forbes (Bitcoin's Crash / Gold and Silver Plunge...)
Post by: cypherdoc on April 15, 2013, 10:48:13 PM
The bond bubble is the one they are struggling with all their might to keep inflated  .... if investors start to abandon bonds then the game is up, (interest rates will rise regardless of the illusion of control from any central bank).

Gold and BTC were beginning to present viable alternatives to the "safe-haven" bond holdings ... that the central banks are devaluing with their unprecedented fiat money creation.

The bond bubble is the next to pop and the crash will be spectacular.  :D We are at the nexus, debt or asset money, your choice?

we're close.

given that the JGB market has been locked down most of the last week tells you there's a problem with issuing too much debt and too many yen.


Title: Re: 2013-04-13 Forbes (Bitcoin's Crash / Gold and Silver Plunge...)
Post by: TraderTimm on April 16, 2013, 07:33:14 PM
My guess is the Yen implodes first, then the debt-contagion rattles around the world with stops at all the major financial centers.

I think May the fireworks start for the US Equities - and beyond the standard "Sell in May and go away" investment truism.
Just call it a hunch...