Bitcoin Forum
May 13, 2024, 05:44:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 373 »
  Print  
Author Topic: Martin Armstrong Discussion  (Read 646814 times)
iamnotback
Sr. Member
****
Offline Offline

Activity: 336
Merit: 265



View Profile
December 26, 2016, 08:18:50 PM
Last edit: December 26, 2016, 08:39:43 PM by iamnotback
 #2761

Enemy #1 are the leftists

The useful idiots known as anarchists are as bad or worse and why that is so:

The point is, Bitcoin isn't supposed to be a system of "no governance"; the Nash equilibrium is supposed to be the governance.  Therefore, an actual functioning Bitcoin would have nothing to do with anarchy because anarchy symbolizes a power vacuum, while a Nash equilibrium is generally the polar opposite.

Any one advocating activism is no longer an anarchist. So your definition is incorrect. So in that sense, my call for conservatives to congregate is not anarchism. A min-anarchist is an opportunist who tries to remain orthogonal and not captured by the political structures.

Indeed the solution for the altcoin I am working on is indeed a form of homeostasis which maintains/governs the Nash equilibrium which in turn governs the consensus ordering system.
1715622298
Hero Member
*
Offline Offline

Posts: 1715622298

View Profile Personal Message (Offline)

Ignore
1715622298
Reply with quote  #2

1715622298
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715622298
Hero Member
*
Offline Offline

Posts: 1715622298

View Profile Personal Message (Offline)

Ignore
1715622298
Reply with quote  #2

1715622298
Report to moderator
1715622298
Hero Member
*
Offline Offline

Posts: 1715622298

View Profile Personal Message (Offline)

Ignore
1715622298
Reply with quote  #2

1715622298
Report to moderator
1715622298
Hero Member
*
Offline Offline

Posts: 1715622298

View Profile Personal Message (Offline)

Ignore
1715622298
Reply with quote  #2

1715622298
Report to moderator
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
December 26, 2016, 08:47:50 PM
Last edit: December 26, 2016, 08:58:40 PM by r0ach
 #2762

Any one advocating activism is no longer an anarchist

If someone does not proselytize for their belief, they may as well not exist being a non-factor in the world and all, so you're just doing a segue to nihilism.  It's not like you can pretend anarchy can even exist without practitioners proselytizing in the first place, otherwise fascists will just exterminate you.  Nothing about so called anarchism makes any logical sense whatsoever, being required to be a suicidal nihilist, which is a demographic that doesn't reproduce well either, breeding themselves out of existence by whoever is dumb enough to adopt it.

Just look at the quote:  "Like anything else, nature is the best teacher".  Human life is a story of the individual moseying around, then comes in contact with a collective group who kicks them in the face, forcing the individual into a collective group of their own in order to not go extinct.  Jews practice all these blatantly obvious traits, which is why they're winning, while trying to impose Marxism on everyone else to prevent them from coming together for common interests to compete at all.  They are also heavy into anarchism, except not for their own civilization, only to destabilize others to take them over.

Bitcoin isn't required to be a digital 666 tracking grid to be a trojan horse like you're always saying.  It could just be a designed to collapse system they put up that acts the same way anarchy does to undermine power structures and then collapses, letting someone just walk in and impose some new system on top of it like a federated govt chain since none of these so called decentralized systems actually work.

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
iamnotback
Sr. Member
****
Offline Offline

Activity: 336
Merit: 265



View Profile
December 27, 2016, 06:03:21 AM
Last edit: December 27, 2016, 03:48:04 PM by iamnotback
 #2763

being required to be a suicidal nihilist, which is a demographic that doesn't reproduce well either, breeding themselves out of existence by whoever is dumb enough to adopt it.

R strategy could be quite effective. I could have fathered dozens if not 100s of children by now, had I not restricted myself with condoms, withdrawal, and at times abstinence.

In which political quadrant do each of you subscribe:

https://bitcointalk.org/index.php?topic=1624708.msg17311269#msg17311269

Just look at the quote:  "Like anything else, nature is the best teacher".  Human life is a story of the individual moseying around, then comes in contact with a collective group who kicks them in the face, forcing the individual into a collective group of their own in order to not go extinct.  Jews practice all these blatantly obvious traits, which is why they're winning, while trying to impose Marxism on everyone else to prevent them from coming together for common interests to compete at all.  They are also heavy into anarchism, except not for their own civilization, only to destabilize others to take them over.

Bitcoin isn't required to be a digital 666 tracking grid to be a trojan horse like you're always saying.  It could just be a designed to collapse system they put up that acts the same way anarchy does to undermine power structures and then collapses, letting someone just walk in and impose some new system on top of it like a federated govt chain since none of these so called decentralized systems actually work.

Organization will always be a power vacuum. Sorry.

Your dream of the white man organizing to build a Babylon to defend against opportunists is just handing power to the opportunists. You won't find any solutions.

Evolution is just a chaotic soup. Fit in any where you wish, it won't matter. We are not that important. Comedy is therapeutic. My idea is try to enjoy life a bit, and care for the people who care for me.

r0ach, have fun trying to get your fellow lunatic white men to stand up unified and organized:

So you actually support eugenics?

(Aka what happens with those who cant pay for security and healthcare...

Typical leftist hysteria.

Equating personal responsibility with enabling eugenics.

Lunatics like this will definitely create another Holocaust.

Everything is privatized. What happens with those who cant pay for the service?
Lets take the PH as an example because you live there.
What does happen with them?

They end up on street selling their body, organs and kids.

Am i wrong or right?

They rely on extended family. You know something that is entirely gone from the culture of Europe where you send your parents off to die while you are in Southern Europe on a tanning vacation with your 2 months of mandated paid vacation and too busy to return home for their funeral.  The Frankenstein Babylon that socialism has built.

Think again about my eugenics statement. What happens with people who have no extended family?
Do you think the weakest people in our society have something like a family helping them?
You are letting this people die and dont give a shit about them. You just dont want to admit it.

What a cold, dark, humanity if those who have lost all their extended family are not adopted and cared for by some family.

The leftist religion is all about replacing humanity (and love) with collective indebtedness, corruption, and rewarding non-production while penalizing production.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
December 28, 2016, 12:01:23 AM
 #2764

Armstrong is a great bullshit artist:

Quote
This will come to a head in 2029, but the end of Marxism may not unfold until 2072.

Predicting the death of Marxism on the exact date of 2072 (LOL).  How can anyone take this guy seriously?

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
tabnloz
Legendary
*
Offline Offline

Activity: 961
Merit: 1000


View Profile
December 28, 2016, 01:47:42 AM
 #2765

Vinny Lingham explaining, in part, why rising US rates impacts gold negatively but not (yet) bitcoin, something relevant to the ongoing discussions here.

https://vinnylingham.com/bitcoin-2017-a-currency-devaluation-hedge-for-emerging-markets-849931d71f6f#.49gj0ghyu

"Some would argue that Bitcoins don’t provide yield similar to gold and therefore should be subject to the same price pressures that rising interest rates impact gold, but the reality is that the current market capitalization of Bitcoin is fractional to gold and so, for the time being, the expected capital appreciation of Bitcoin heavily discounts the need for a yield curve right now. This may change in the future."

Blog post also explains global dollar short and expectations for 2017.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
December 28, 2016, 05:33:11 PM
 #2766

Vinny Lingham explaining, in part, why rising US rates impacts gold negatively but not (yet) bitcoin, something relevant to the ongoing discussions here.

Gold went to the moon in the 70's/80's even with 20% interest rates.  Money velocity is low right now unlike then, so by raising interest rates they just engineer a crash on purpose.  It's either a symbolic bluff and they will back out, or they really are trying to cause collapse and it comes down to the choice of:  Would I rather hold Bitcoin or gold and silver when the day of bank holidays comes?

Some people like to make believe that bank holidays and collapses are bullish for people hoarding physical dollars, but when everyone already knows the currency is backed by nothing and can be printed to infinity at any second, the banks imploding just undermines faith in the currency and sends the comparative value of metals higher.  So the nanosecond that you see banks refusing to let people withdrawal is the pivot point that sends metals to the moon because they already know the govt is going to try and print their way out of it.

Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
deisik
Legendary
*
Offline Offline

Activity: 3444
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
December 28, 2016, 05:40:35 PM
 #2767

Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that

Our Bitcoin is not your gold

Actually, what you say mostly refers to the US in general and the US dollar specifically. The exchanges that I have dealt with in the past and which were trading fiat for bitcoins had nothing to with the US or the US government. Yes, the American citizens may be heavily fucked up if something what you talk about starts to unfold in earnest, but the US is still not the only pebble on the beach. So more power to the US government making Bitcoin more precious than it is already

OROBTC (OP)
Legendary
*
Offline Offline

Activity: 2912
Merit: 1852



View Profile
December 29, 2016, 01:59:13 AM
 #2768

Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that

Our Bitcoin is not your gold

Actually, what you say mostly refers to the US in general and the US dollar specifically. The exchanges that I have dealt with in the past and which were trading fiat for bitcoins had nothing to with the US or the US government. Yes, the American citizens may be heavily fucked up if something what you talk about starts to unfold in earnest, but the US is still not the only pebble on the beach. So more power to the US government making Bitcoin more precious than it is already


All the better to have bought both BTC and gold before, as well as buying more if you can afford it.  If the day comes when APMEX (or Provident) will not sell precious metals, you would be glad that you bought when everything "looked OK".  Slow and steady buying is a very similar strategy to "dollar cost averaging".  And it builds the stack.

(Provident takes Bitcoin as payment, I have bought gold from them a few times)

Same idea with buying Bitcoin, if you HODL it, buy some from time-to-time.

True that the USA is not the only pebble on the beach, but for most Americans, moving overseas would be difficult, even for me with a Peruvian wife and an auto parts import company already there in Lima...
deisik
Legendary
*
Offline Offline

Activity: 3444
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
December 29, 2016, 07:04:01 AM
 #2769

Same idea with buying Bitcoin, if you HODL it, buy some from time-to-time.

True that the USA is not the only pebble on the beach, but for most Americans, moving overseas would be difficult, even for me with a Peruvian wife and an auto parts import company already there in Lima...

It would be like the former USSR circa 1970s

Or North Korea right now, with people asking for political asylum when they are allowed to go abroad on some task (say, sport competitions). It would be utterly ironic if the US follows the Soviet Union's lead in this respect. Though I don't think the government could impose such barriers today. Anyway, who is going to provide shelter to millions of snobby Americans? Indeed, if you have money and this money would obviously not be the US dollar (Bitcoin would do, I think), you shouldn't have any particular issues provided you have contacts with the right people in the country of your destination

r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
December 31, 2016, 08:32:15 PM
 #2770

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
sidhujag
Legendary
*
Offline Offline

Activity: 2044
Merit: 1005


View Profile
December 31, 2016, 09:17:32 PM
 #2771

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
December 31, 2016, 10:08:48 PM
 #2772

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
OROBTC (OP)
Legendary
*
Offline Offline

Activity: 2912
Merit: 1852



View Profile
December 31, 2016, 10:28:58 PM
 #2773

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.


I'm not sure re manipulation (etc.) as what GATA (etc.) have long maintained.  My *guess* is that gold is *somewhat* manipulated, but that is just a guess.  And I have been a buyer of gold for decades...

Even if there has been manipulation to the downside, that has been OK with me, allowing me to build my stack to about where I want it.  If additional income does come my way, OK, I may buy a little more, but feel under no pressure to do so, I have "arrived".

If the COMEX breaks (or similar), and gold is revalued WAY UP, that's more than OK too -- as long as society stays intact.  And my *guess* is that there will indeed be a BIG RESET up in gold price in due course.
sidhujag
Legendary
*
Offline Offline

Activity: 2044
Merit: 1005


View Profile
December 31, 2016, 10:41:03 PM
 #2774

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.
tabnloz
Legendary
*
Offline Offline

Activity: 961
Merit: 1000


View Profile
December 31, 2016, 11:59:36 PM
 #2775

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.

I think this is the most interesting change in narrative we've seen.
criptix
Legendary
*
Offline Offline

Activity: 2464
Merit: 1145


View Profile
January 01, 2017, 02:42:17 AM
 #2776

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.

I think this is the most interesting change in narrative we've seen.

In 5 to 10 years maybe. But not right now with 15 billion marketcap and majority of coins held by a handfull people (that have ties to the financial elite).


                     █████
                    ██████
                   ██████
                  ██████
                 ██████
                ██████
               ██████
              ██████
             ██████
            ██████
           ██████
          ██████
         ██████
        ██████    ██████████████████▄
       ██████     ███████████████████
      ██████                   █████
     ██████                   █████
    ██████                   █████
   ██████                   █████
  ██████
 ███████████████████████████████████
██████████████████████████████████████
 ████████████████████████████████████

                      █████
                     ██████
                    ██████
                   ██████
                  ██████
                 ████████████████████
                 ▀██████████████████▀
.LATTICE - A New Paradigm of Decentralized Finance.

 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
iamnotback
Sr. Member
****
Offline Offline

Activity: 336
Merit: 265



View Profile
January 01, 2017, 12:52:06 PM
 #2777

Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

He is lying. I was reading Armstrong's writings while he was in jail. All the writings are public and you can go research it for yourself if you are so inclined.

r0ach, sorry loser. You can't just quote some liars and expect to be taken seriously.

Amazing how much a blind man's ego can cause him to totally ruin himself out of pride.

Objectivity is not your passion. Did you approach it with an open mind and do your homework? No. You decided you are correct and you are going to find any liars you can to prove to yourself that you are correct. That is a great way to dig a deeper hole for yourself. Keep digging...
iamnotback
Sr. Member
****
Offline Offline

Activity: 336
Merit: 265



View Profile
January 01, 2017, 12:57:14 PM
 #2778

Where are all those upthread idiots (sloanf, freshman777, etc) and all their erroneous slander of Armstrong now?

Is OROBTC still stuck in his delusion that no one can predict the future when the record has clearly shown that Armstrong has predicted the future.

Mr. Armstrong; I want to thank you for you have been correct on every market demonstrating that everything is explicitly connected. What you have taught me is more than just trading a single market to make money. You have taught me how to see the world and connect the dots. I can see the light. You cannot be correct on gold, S&P to one point, the Euro, Dax, Trump, Brexit and China, without creating such a tool to monitor everything.

Of course, I met someone who is obviously incapable of understanding markets at all. He said you are not a forecaster because you say on the one hand the market can go up and it will tell us, but on the other hand it can go down and it will tell us. When I said you just have to look at the Reversals and your long-term timing has been impeccable and it does not change every week. He has no idea about markets and expects someone to say just buy or sell with no interest in learning about anything. I tried to explain to him but it goes in one ear and out the other. Yes he was a goldbug and when I said what about 1362, he acted like you never said that. I see what you mean that the majority of people are followers incapable to learning anything. We need such fools to trade against. I get that now. Don’t bother trying to convince them. Just trade against them like the bankers do.


Not only did gold stop $1 from Armstrong's $1363 prediction, not only did oil drop from $100+ to $54 closing for a prior year as predicted back when no one was expecting oil to drop, now we have another accurate prediction:

Congratulations Marty. We closed out the year less than one point away from your maximum (Tech 3) SPX 2016 target of 2239.8038 that your computer established on January 1st, 2016. That’s impressive. I never thought we’d see that number back in January or February, but fortunately your computer harbors no emotion and no bias! Keep up the great work and thanks for all you do.

Back in 2012, when the DJIA was 12000, his computer correctly predicted the 18,500 and 23,000 levels. The next one will be the phase transition to 36,000 - 41,000.

His computer predicted Ukraine, BREXIT, Trump, all years before they occurred.
bitsilvergold
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
January 01, 2017, 04:09:54 PM
 #2779

Armstrong has made contradictory claims about gold during radio interviews. His many blog messages marvelling at how good he is sound made up to me.
He repeatedly says he is not bothered about money yet sells his information on his private blog. Why not just release it for free?
Occasionally his posts are so badly written it seems he is drunk when writing them.
sidhujag
Legendary
*
Offline Offline

Activity: 2044
Merit: 1005


View Profile
January 01, 2017, 05:41:16 PM
 #2780

Armstrong has made contradictory claims about gold during radio interviews. His many blog messages marvelling at how good he is sound made up to me.
He repeatedly says he is not bothered about money yet sells his information on his private blog. Why not just release it for free?
Occasionally his posts are so badly written it seems he is drunk when writing them.
He probably is drunk lol.. jury is out on long term predictions which are a million times easier than short term which he is undoubtely failed at many times proven.
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 373 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!