that is awesome.
i don't have the time or the background to do it the way it is currently required.
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Granted most ppl cannot see it happening even when its right in front of their noses. but even you will be able to tell soon enough, even on that yearly chart ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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i think the stock mkt selloff resumes in a big way and the money flowing out of those assets are going to head for cash, i.e., digital cash.
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now that we're above $5 reliably, the pressure is mounting in an upward direction on the Bitcoin price.
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uh ok, whatever you say....
FTJ!
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i give up. whats Dick Clark have to do with Bitcoin?
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This is the catalyst we have been waiting for. To the moon we go..!!! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.eazytek.com%2Fgallery%2Fd%2F5121-3%2Fap8ksc68pc327_1280x1024.jpg&t=663&c=LG5QDG9W18HCNA) you really are fixated on rockets aren't you? or are they phallic symbols? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Well excuse me, I had no idea that stocks and property prices were such superb indicators of gold prices.
you're excused.
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but we've sure had 2 stock mkt crashes of around 57% and an ongoing housing crash. that sure is deflation and who wants to go thru that again? By inflation/deflation we don't just refer to property prices and stocks, you know? but they're all integrated. you need to know whats happening in all these asset classes to understand what will happen with gold and Bitcoin. thats what my subscription is for.
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this is actually a great point but needs to be looked at from a different angle. what i see is the need for countries to sell their assets, namely gold, to raise fiat to pay their obligations. i was having a discussion with one of my subscribers from Spain the other day and he was saying how he thinks you'll soon be seeing the likes of Greece and Spain having to do the same thing to pay their debts.
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i'll tell you what scares the hell out of me. its this chart of the Dow going back to 1900 non log. inflationists just see a linear extension of the upward trend to infinity. does that really make sense given all the problems in the world today? i think we have a problem that the last 12 yrs is trying to tell us. MAJOR TOP is what i see: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FiKpyZ.png&t=663&c=L416fTkhiUToiQ)
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so, in other words, you won't detect a reversal in the metals until after at least a full year of declines go by? more likely longer if you look for confirmation of two or more successive yearly declines or crossing of moving averages.? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) edit: i said this in the other gold thread; one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses. Yup. A year of decline might lead one to believe that the Central Banks stopped printing, the CBs would sure like us to think so anyways ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah because long term trends are useless ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and the mechanics behind them even more so I guess we've never had deflation so far, or zooming out wouldn't work. Whats different now??? but we've sure had 2 stock mkt crashes of around 57% and an ongoing housing crash. that sure is deflation and who wants to go thru that again? what if we go thru one of those again or maybe even one bigger? its possible gold/silver go all the way back down to what it was in 2000. i listened to this on the way in to work today and it was informative. i'm a fan of Jim Rickards even tho i disagree with him on gold: http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/04/18/goals-of-federal-reserve-policy-inflation-and-financial-repressionhe says that the Fed is clearly worried about Deflation. so maybe you should too? the real question is whether they can or will be able to stop it. i think they're losing the battle... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Alert emailed:
Executions!
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so, in other words, you won't detect a reversal in the metals until after at least a full year of declines go by? more likely longer if you look for confirmation of two or more successive yearly declines or crossing of moving averages.? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) edit: i said this in the other gold thread; one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses.
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Update emailed:
A Telltale Sign
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current connections on gox are higher than normal. people are taking this run seriously. migrating gold bugs?
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sniff, sniff. i love the smell of Deflation.
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iz it tim yet?: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7TNdC.png&t=663&c=9PaM3jRdk7yOAg)
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Love it! My new rally song for the week! CAN YOU FEEL IT? the only thing i can feel is that Apple is about to breach $600 once and for all.
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Update emailed:
Goldman Sachs
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