Bitcoin Forum

Economy => Speculation => Topic started by: dnaleor on August 13, 2013, 09:30:05 AM



Title: Gold stagnating. Silver & Bitcoin UP.
Post by: dnaleor on August 13, 2013, 09:30:05 AM
Quote from this thread: Gold collapsing. Bitcoin UP. (https://bitcointalk.org/index.php?topic=68655.0)

Remember when this thread was about gold & bitcoin?  :-[

For all the silver bugs out there, I present you:

Gold stagnating. Silver & Bitcoin UP.


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: dnaleor on August 13, 2013, 09:33:18 AM
http://www.xe.com/currencycharts/?from=XAG&to=XBT&view=1M

Silver at 0.204 BTC atm

I think the best bet is silver atm. I predict a huge uptrend ;)


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: NewLiberty on August 16, 2013, 02:58:15 AM
I'm with you there.

Having a bunch minted up:
https://bitcointalk.org/index.php?topic=269535.msg2883593#msg2883593


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: vokain on August 16, 2013, 03:01:01 AM
i don't like the sentiments of all this.... sounds like a bull trap. i bought slw a week ago and after appreciating 25% in the time being it seems like the buyers are almost depending on this 'uptrend' you speak of.


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: worldinacoin on August 16, 2013, 03:04:49 AM
I think Gold and commodities will drop if investors fear factor increase, they will sell all and go to the safe haven of the USD


Title: This thread is relevant to my interests!
Post by: randrace on August 16, 2013, 06:35:20 AM
I was hoping for lower prices a little longer; I'm not done buying!


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: NewLiberty on August 16, 2013, 11:38:47 AM
Historically 15-20:1 for gold to silver ratio over the last few thousand years.
So either gold is coming down a lot more or silver is still going up 4x to reach historical averages.

Its probably not too late to buy silver.


Title: To Silver! *clink*
Post by: randrace on August 16, 2013, 07:42:42 PM
Historically 15-20:1 for gold to silver ratio over the last few thousand years.

The silver/gold ratio plays a big part in my investment strategy. If/when the ratio reaches around 30:1, I'm going to sell some silver and buy gold. Right now is definitely silver's time to shine.


Title: Re: Gold stagnating. Silver & Bitcoin UP.
Post by: NewLiberty on August 16, 2013, 08:28:50 PM
I'm balancing in favor of silver:gold at least up to 25:1.  I wouldn't be a silver seller until 15:1 but then I get to see things that many don't.  The draw down of reserves on both is pretty stark currently, but when/if BASEL III is implemented, we may see even more.


Title: $24: Silver Up!
Post by: randrace on August 23, 2013, 10:12:46 PM
Today silver rises $1 and Perth opens up their 2014 bullion to pre-sale.