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Author Topic: Gold Market manipulation theory & recent Bitcoin bump  (Read 699 times)
jago25_98 (OP)
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April 15, 2013, 08:48:54 AM
 #1

http://www.goldtrends.net/FreeDailyBlog?mode=PostView&bmi=1267250

^ here this guy gives a 3 stage theory on gold's loss of value recently.

1) "FED will no longer QE"
2) "Cyprus to sell gold"
3) Crash the physical gold selling system so people can't sell in that market

 However... before all this I read plenty of tech analysis saying gold and especially silver as in a downwave generally for this year.

 However, the theory regards gold is useful for the Bitcoin price fluctuations we've seen, especially regards (3)

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 15, 2013, 01:11:36 PM
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It is already proven, they do insider trading and "price propaganda". Central banks run huge rigged deals and the housewives fall for it.
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