Naw I'm not selling  . I bought some GPL today actually! The Fed is still printing.. already down... Its fine, I'm not all the way back in yet, if it goes lower, I'll just buy back in all the way, or maybe even establish a bigger position |
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since i couldn't get a short off on GPL due to no shares available, i've shorted SkRRJyTC's AG; First Majestic today.
LOL Being in at ~$2/share from a few years ago, I won't be selling any AG soon. Not that I'll be buying more, either - I'd rather stay in the Bitcoin economy. I diversified into a 10 ton crane on a semi sized truck. And, unhappily, a class-A commercial drivers license which I'll be keeping secret so people don't try to rope me into driving their trucks. Part of the justification would be to have something to pull the excavator which silverbox and I were discussing 100 pages back in this thread, and which I have not yet identified. My hope is that I can get such a machine for a Krugerrand or two...or better yet a couple of BTC if I can hold out that long before legitimately needing the thing. Nice! I have been thinking about getting a new front bumper and a winch for my truck  I haven't bitten the ClassA bullet, my brother in law has one |
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Naw I'm not selling . I bought some GPL today actually! The Fed is still printing.. |
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Naw, buying oppurtunity, I'm not all back in yet, holding off for now.
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Gold seems to be doing pretty good today.
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So I've been thinking that were just coasting along after the QE forever drifting slightly downwards waiting... The next thing that is going to be a major influence I believe is the election..
I think that if Romney wins, PM's will not do as well as if Obama wins.
BTC I don't believe will be effected by the election, its next big thing is the delivery of ASICs and the block reward halving, I'm not sure either will have a big effect, but I think that if they do it will be upwards.
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This thread was started 3/13:
Bitcoin 5.40
Gold 1690
Today 11/3:
Bitcoin 10.56 (up ~95%)
Gold 1676 (down ~1%)
PM's and BTC both have taken a bit of tumble recently, BTC more so then PM's.
BTC is outperforming gold.
Gold remains uncollapsed.
GPL 1.91 (Silver lg @ 1.98)
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silverbox, did u sell GPL yet?
I sold some (for a loss, I assume) , it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower. 1.97. yup lost a penny |
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silverbox, did u sell GPL yet?
I sold some, it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower. |
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Too much "IOU Gold" around. This is going to deflate, and gold value will go up. Quite the same idea as for USD. do you have any idea how long Willie has been saying this? his letters are teaming with doom and gloom. got tired of reading him year after year.
I'm not reading him for years (not reading him that much tbh), but according to the rise in the price of PM he's not especially wrong imo. WU looks like a buy to me down here. I'd cover that short pronto Care to explain that (and give a timescale ?) Looks to me like a great long term short I think the market overeacted to the downguidance and the price will come back up from here, the business model is still very profitable and with the current PE and dividend yield, its an attractive investment at the current price. |
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WU looks like a buy to me down here. I'd cover that short pronto |
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YO!, You shouldn't be giving away such awesomeness for free!!
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This thread was started 3/13:
Bitcoin 5.40
Gold 1690
Today 10/19:
Bitcoin 11.68 (up ~116%)
Gold 1737 (up ~3%)
PM's and BTC seem kinda stuck/stable.
BTC is outperforming gold.
Gold remains uncollapsed.
GPL 1.92 (Silver lg @ 1.98)
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There really is a very simple solution for the tungsten problem if it concerns you, it doesn't concern me at all, tungsten is actually very difficult to form and work, because of its extremely high melting temp 6,192 Degrees F (I was melting some just last night in my oven in the kitchen!! ). Buy Platinum, it has a higher density then W. If a Platinum coin passes a weight and volume measurement, its the real deal fo' su'e.. I do own Platinum about the same amount as my gold. |
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I favor Bitcoin over gold and silver
now we're making some progress. My posts have always viewed Bitcoin > gold/silver, especially long-term; they're all headed for growth, only with Bitcoin leading the pack that's not my recollection from back in the early days of the original gold thread late last year. but anyways, glad to know this is where you are now. There's only one point at which I think gold/silver would outperform - a revaluation or commercial failure could cause a doubling in price for the metals. That may occur before Bitcoin climbs (I'm still not sure whether Bitcoin is leading or following PMs). The metals would briefly exceed Bitcoin on both a relative and absolute basis, but would be followed and surpassed. How quickly that would happen is the question. Your neglecting catastrophic failure of the bitcoin system. Broken protocol, massive gubament intervention, etc. PM's have some of these risks, but not to the extent BTC does. Complete collaspse of BTC is still on the table IMO. For PM's I don't believe it is. But I agree BTC has the higher chance for gain, while PM's are safer. |
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It's been awhile.
This thread was started 3/13:
Bitcoin 5.40
Gold 1690
Today 10/12:
Bitcoin 12.05 (up ~123%)
Gold 1758 (up ~4%)
BTC took a lil ride down then up after the GLBSE fiasco. I missed out on the dip thu, didn't think it would be as significant as it was.
PM's seem kinda stuck/stable.
BTC is still outperforming gold.
Gold is slowly collapsing upwards.
GPL 1.99 (Silver lg @ 1.98)
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Honestly that's pretty weird. Zero liability for credit theft is not a credit card policy, its actually federal law. I don't wanna argue because I don't know the details, but the cc company seems to have failed to comply with federal laws in your case.
Oh? What federal law code section says that card limits have to be reset to pre fraud amounts? Which law section says you cannot stab someone 3 times in the leg, 4 in the chest, 2 in the arms? ... You are not LIABLE for credit card fraud. Dictionary the word in caps. Fine, post all your personal information if you think getting your identity stolen is no big deal. |
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Its a trap that closes with infinite slowness.. Just like our upwards slow collapse from 1690 . |
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Honestly that's pretty weird. Zero liability for credit theft is not a credit card policy, its actually federal law. I don't wanna argue because I don't know the details, but the cc company seems to have failed to comply with federal laws in your case.
Oh? What federal law code section says that card limits have to be reset to pre fraud amounts? |
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damnit. i must have just missed the processing period. i got the login screen but after putting in my email and payout address i got a 404. now the front page says: Update:we are currently unable to process account closures, and will inform our users when this service resumes. OK, you've got my attention. I'll gladly take any brainstorming from people on what can be done with my electric bill, my ID and a picture of me with the date, my login & e-mail... #1) Seriously, what could happen? #2) And what can I do about it now? I'm pretty sure the answer to #1 is not too much (fingers crossed). but I'm even more sure the answer to #2 is nothing... gah, I guess this had to happen sooner or later. Perhaps I should cancel or put a hold on my credit lines? Any other ideas? Nefario has enough to open an online bank account in your name. Plus hand your pic over to the grand jury. Thank you for your thoughts & comments. So Nefario can open an online bank account in my name. This would show up on my credit report; so I can call the credit agency and have them lock down my credit line, so that only unlocking it would allow a new line of credit to be opened. This costs $5 or something to turn on and off I think (based on what a co-worker told me). However, say I don't do this, then what? I guess he could open the account and try to over draft it and then peace out? Then this would make me look bad and hit my credit as a default? Hopefully, no institution would let more than $1,000 ish go like this. I'll be making enough with bitcoins that I won't have to worry about silly fiat credit lines anyway... at least that's the plan for now. Anything I'm missing? As for the stock portfolio account in a country I don't know existed; not sure what other issues could happen with that. Seems like people keep offshore accounts and don't go to jail all the time. However, if someone were to link me with the account in the next 2 years (that's when my license will expire), there should be a trail of where the money came from. Good thing I'm not involved with online anonymous digital currency/commodities that could have gotten the money there untraceable... heh, oh well. I'm not too worried of the risk just yet. Perhaps, I'll lock my credit report since I don't need credit. I've already got my house mortgage refinanced & won't be needing any additional debt anytime soon. You are never liable for any theft from your credit card company. Even if someone has all the information necessary, if ultimately if it wasn't you, you are not liable. And in most cases you don't really have to prove that it wasn't you, they have to prove it was you. (Camera, voice recognition, signature, address and/or pick up etc etc) Right, so having my utility bill and license and picture of me with my e-mail/login/date could potentially help someone not me "prove" or provide the "proof" that the credit card company needs. Regardless, it may show up as a "ding" on my "credit report/score" and I don't know what the implications of that would be. YOU file a claim for fraud. Regardless of the information or documentation they had, once you file a claim, why would he "prove" them anything? Bottom line, card/info stolen and fraudulent charges are made, you file a claim, you get your money back. Your credit is unaffected. The stories you hear about peoples credit getting ruined is when someone basically steals your whole identity and uses it a while and opens lines of credits and loans under your identity. After a while your credit will be ruined and that's how you will learn about it, and again, you file a claim, and then its restored. The worst it can be is slightly inconvenient, probably even a little less inconvenient than worrying about it and crying about an harmless situation. I had my identity stolen. After I fixed all of the fradulent things with the 3 major credit agencies, I then asked my actual credit card companies to put the limits on my cards back to where they were (since they were radically lowered which is how I found out about the new cards/accounts that were overdrawn/maxed) not one bank/credit card company restored my card limits to where they were before the whole mess (that took about a year to straighten out). My limits today, 5 years later, are still lower then before the mess. My credit is still affected to this day. Don't act like it all gets magically fixed once you clear up the mess, and that the mess doesn't cost you time and money to straighten out. Getting your identity stolen totally sucks. Don't wanna go too off-topic, but may I ask if around that time or slightly before you might have into small financial difficulties (don't wanna be indiscrete either). Reason I ask is because usually when you get approved for increased limits, they will not decrease your credit line if you just have small financial difficulties (couple months late, and making occasional payments), but after going through identity theft I wouldn't be surprised they re-run your credit minus the theft. No difficulties, I had perfect credit, 15-20k card limits that dropped to 1.5k (from the fraudulent accounts/cards that were maxed and overdue (the total rip off was about 20k, I had to file police reports about the fraudulent accounts send them to the banks/companies so that they would give the credit agencies the ok to remove the negative items)) I went to buy christmas presents and my card was declined, I was like wtf.. My christmas present that year was to get my identity stolen. You really don't know what your talking about, until it happens to you. I specifically asked my legit accounts, after I cleared up the fraudulent accounts, to raise my limits back to where they were and they didn't, they raised them up a lil from 1.5k and have raised them a few times since, but they are still below where they were FIVE years ago. |
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