Bitcoin Forum
January 19, 2019, 03:59:47 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 »  All
  Print  
Author Topic: Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel  (Read 1680 times)
tulezua
Full Member
***
Offline Offline

Activity: 284
Merit: 100



View Profile
August 29, 2018, 07:07:35 PM
 #61

The reason is because the dollar strengthened. Expecting the Fed to raise more interest rates has lifted the value of the greenback. A stronger dollar is usually bad for gold because it makes this precious metal more expensive to international investors.

              b e t f o r m ▬▬▬▬▬▬▬ SMART CONTRACT POWERED SOCIAL BETTING PLATFORM
                                                     A p p Download ▬▬▬▬▬▬▬ Google Play   App Store     [ WEB VERSION ]                                 ❱❱JOIN b e t f o r m❰❰
                       F o l l o w us ▬▬▬▬▬▬▬ WHITEPAPER TELEGRAM FACEBOOK TWITTER
1547913587
Hero Member
*
Offline Offline

Posts: 1547913587

View Profile Personal Message (Offline)

Ignore
1547913587
Reply with quote  #2

1547913587
Report to moderator
1547913587
Hero Member
*
Offline Offline

Posts: 1547913587

View Profile Personal Message (Offline)

Ignore
1547913587
Reply with quote  #2

1547913587
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547913587
Hero Member
*
Offline Offline

Posts: 1547913587

View Profile Personal Message (Offline)

Ignore
1547913587
Reply with quote  #2

1547913587
Report to moderator
1547913587
Hero Member
*
Offline Offline

Posts: 1547913587

View Profile Personal Message (Offline)

Ignore
1547913587
Reply with quote  #2

1547913587
Report to moderator
buwaytress
Hero Member
*****
Offline Offline

Activity: 868
Merit: 782


I bit, therefore I am


View Profile
August 30, 2018, 01:30:37 PM
 #62

Pointless to "buy gold". All these banks and giants you speak off can do 10 times what any single person here can, in the blink of an eye. They don't even need access to physical gold. One phone call or email can get them any amount of paper gold via Comex probably at a deep discount too. No one cares that they're not even 1% backed by physical gold. That's how bad it's gotten for gold, and that's what futures could do to Bitcoin one day, who knows?


Kind of like bots on a crypto exchange then.

Paper gold is leveraged at over 500:1 to real gold, this has suppressed the price.  At some point the number of people wanting physical delivery will increase then the house of cards will fall.

Precisely. If the diseased old structure of finance and money has infiltrated even gold, and OP is suggesting that all of us buying gold will kill the banking cartel, think again. When the house of cards fall, it won't be the banks that pay the price, but the man on the streets holding his paper promise of 1 owning an ounce of gold.

We're only halfway to that 20-yr mark, my friend. Care to tell me why Bitcoin has failed if you're here on this forum talking to thousands of users, and I'm here still earning and spending in Bitcoin?

expedia.com removed bitcoin as payment option. I read that shops/stores sell Bitcoins immediately after they get it as payment from fear of loss from price price change

Shops and stores don't sell Bitcoin immediately. The majority of Bitcoin merchants actually "accept Bitcoin payments" via a Bitcoin payment processor. It's the guys like Coinbase, Bitpay, Coinpayments etc. who take the Bitcoin from customers and THEN settle the payments with merchants with fiat. I don't have the numbers but almost all of the merchants I pay Bitcoin to are all using the payment processors I named... in effect, they never actually receive a single satoshi, nor do they even have a Bitcoin wallet. They receive fiat payments.

So expedia removing Bitcoin option probably just means they're ending their contract with Bitpay or whomever it was who processed Bitcoin payments for them.

In any case, this doesn't prove why Bitcoin has failed. Every time I take stock of how and where I can spend Bitcoin, the list and options only seem to grow.

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
August 31, 2018, 05:44:16 PM
Last edit: September 01, 2018, 01:18:35 AM by First77
 #63

Paper gold will be crushed because $5,000,000,000,000 will be released from the stock markets. Apple inc., Google, facebook, amazon going back to $200 billion. Now these 4 companies are worth $2.5 trillion.

Most likely these paper gold players will make a big buy to save their skin now that U.S President Donald Trump has pulled up tech giants facebook, google, amazon and wars in many countries, $1 Trillion trade war.

Central banks worldwide could buy 200 tonnes to 700 tonnes gold as reserves. Gold going to $2100/ounce.
Financial Freedom 4U
Member
**
Offline Offline

Activity: 99
Merit: 31

Stable coin to make charity free for everyone


View Profile
August 31, 2018, 05:59:45 PM
 #64

Pointless to "buy gold". All these banks and giants you speak off can do 10 times what any single person here can, in the blink of an eye. They don't even need access to physical gold. One phone call or email can get them any amount of paper gold via Comex probably at a deep discount too. No one cares that they're not even 1% backed by physical gold. That's how bad it's gotten for gold, and that's what futures could do to Bitcoin one day, who knows?


Kind of like bots on a crypto exchange then.

Paper gold is leveraged at over 500:1 to real gold, this has suppressed the price.  At some point the number of people wanting physical delivery will increase then the house of cards will fall.

Precisely. If the diseased old structure of finance and money has infiltrated even gold, and OP is suggesting that all of us buying gold will kill the banking cartel, think again. When the house of cards fall, it won't be the banks that pay the price, but the man on the streets holding his paper promise of 1 owning an ounce of gold.

We're only halfway to that 20-yr mark, my friend. Care to tell me why Bitcoin has failed if you're here on this forum talking to thousands of users, and I'm here still earning and spending in Bitcoin?

expedia.com removed bitcoin as payment option. I read that shops/stores sell Bitcoins immediately after they get it as payment from fear of loss from price price change

Shops and stores don't sell Bitcoin immediately. The majority of Bitcoin merchants actually "accept Bitcoin payments" via a Bitcoin payment processor. It's the guys like Coinbase, Bitpay, Coinpayments etc. who take the Bitcoin from customers and THEN settle the payments with merchants with fiat. I don't have the numbers but almost all of the merchants I pay Bitcoin to are all using the payment processors I named... in effect, they never actually receive a single satoshi, nor do they even have a Bitcoin wallet. They receive fiat payments.

So expedia removing Bitcoin option probably just means they're ending their contract with Bitpay or whomever it was who processed Bitcoin payments for them.

In any case, this doesn't prove why Bitcoin has failed. Every time I take stock of how and where I can spend Bitcoin, the list and options only seem to grow.

I also think it is no point to buy gold to fight the cartel, even if you wanted to buy gold you would typically not buy physical gold but end up with paper gold, as most bankers would recommend to you as these are derivatives and highly compensated (big comission check for the banker) compared to physical gold.

╔══// PixelCharity //  Stable coin to make charity free for everyone  // Pixel Charity // ══╗
╠═════════ Telegram ─── Bitcointalk ─── Bounty ─── Join Here  ══════╣
╚ Maybe the easiest way to help those in need without spending money! ╝
markj113
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040



View Profile
August 31, 2018, 06:47:36 PM
 #65

I also think it is no point to buy gold to fight the cartel, even if you wanted to buy gold you would typically not buy physical gold but end up with paper gold, as most bankers would recommend to you as these are derivatives and highly compensated (big comission check for the banker) compared to physical gold.

Why would you go to a banker to buy physical gold?

Thats what bullion dealers are for, hand over the cash and walk out with the metal.





░░░░░░░░░▀▀▀█████████
░░░░░░░░░░░░░░░████████
░░░░▄███████▄░░░░████████
░░░░███████████░░░░██████
░░░▀███████████░░░░████░░
███▄░░░░░░░░░░▀████░░░███░░██
█████▄▄▄▄▄▄▄▄▄▄▄████░░░██░░██
█████████████▄░░████░░░░░
░░█████████████░░█████
░░░░█████████▀░░░██████▌
░░░░░░░▀▀▀▀░░░░▄████████▌
░░░░░░░░░░▄▄▄▄███████
SuperNET.org
..BarterDEX..
.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
DECENTRALIZED CRYPTOCURRENCY EXCHANGE
Developed to Unite Coin Communities | ✔ SECURE ✔ FREE ✔ VISIBILITY ✔ EASY INTEGRATION |

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 01, 2018, 01:21:40 AM
 #66

Why would you go to a banker to buy physical gold? Thats what bullion dealers are for, hand over the cash and walk out with the metal.

You said the right words. When Gold is the money, those banks just want 20% profit every year by saying some words like "wealth management etc.."
nowbitco.in
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
September 01, 2018, 01:23:37 AM
 #67

Gold still valueable than dollar because dollar just back up by government trust
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 01, 2018, 02:14:45 PM
 #68

Gold still valueable than dollar because dollar just back up by government trust

Gold is universal accepted investment and most liquid (convertible to cash) asset. I was able to sell 100% pure 3 ounces Silver coin without a receipt. In fact I have also sold 2 ounces of gold without purchase receipt. That is the trust bullion dealers have in gold and silver.
lapongetiasuu
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
September 01, 2018, 02:27:27 PM
 #69

wow, the terrible movement of fiat or gold prices like that will make a lot of people lose because they don't have a transparent system.
SolomonSollarsNSense
Full Member
***
Offline Offline

Activity: 466
Merit: 100



View Profile
September 03, 2018, 12:04:38 PM
 #70

Pointless to "buy gold". All these banks and giants you speak off can do 10 times what any single person here can, in the blink of an eye. They don't even need access to physical gold. One phone call or email can get them any amount of paper gold via Comex probably at a deep discount too. No one cares that they're not even 1% backed by physical gold. That's how bad it's gotten for gold, and that's what futures could do to Bitcoin one day, who knows?


Kind of like bots on a crypto exchange then.

Paper gold is leveraged at over 500:1 to real gold, this has suppressed the price.  At some point the number of people wanting physical delivery will increase then the house of cards will fall.
Let's not even forget that central banks have prodigious pricing power in the gold markets which makes it totally centralized anyway and they both play an important role in gold price with International Monetary Fund. What I am implying is that, gold also have some of its own great disadvantages if you are banking so much on it as an investment. Also, based on some of the things the OP said in few lines above me, I still do not see how bitcoin has failed as a digital currency after just few years, unless he is trying to wipe his mind on how it has not failed.

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 03, 2018, 07:28:33 PM
 #71

Gold is preserve of wealth and store of value. Gold is hedge against inflation and protects people's wealth during wars, natural calamities [earthquakes, hurricanes etc..].
Menawi12
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
September 04, 2018, 12:49:56 AM
 #72

With gold price right now, Gold must be very undervalue. Paper money always printed by central banks but gold have limited supply. Gold price should be more than current price and i am believe gold price will increasing when crisis happen

LeGaulois
Copper Member
Hero Member
*****
Offline Offline

Activity: 952
Merit: 939

Bitcoin Ninja Unregulated Banker Unbanking Folks


View Profile
September 04, 2018, 01:15:11 AM
 #73

With gold price right now, Gold must be very undervalue. Paper money always printed by central banks but gold have limited supply. Gold price should be more than current price and i am believe gold price will increasing when crisis happen

Gold isn't doing its job recently, the safe haven isn't so safe. With all the problem Turkey is having the Gold price failed by 10% in 3 months about. 10% is a lot when it's about gold. I don't know what's going on it' supposed to not behave like this.

I am not complaining, It's the good time of the year for me to buy more gold coins  Grin

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 04, 2018, 10:48:54 PM
 #74

Gold isn't doing its job recently, the safe haven isn't so safe. With all the problem Turkey is having the Gold price failed by 10% in 3 months about. 10% is a lot when it's about gold. I don't know what's going on it' supposed to not behave like this.I am not complaining, It's the good time of the year for me to buy more gold coins  Grin

DOW Jones [stock markets] have gone up from 18000 to 26000. Looks like the cartel is selling gold and putting the multi-trillions in stock markets. See insider's information for gold on my website. Those algorithms.
BitHodler
Legendary
*
Offline Offline

Activity: 1148
Merit: 1098


View Profile
September 04, 2018, 11:18:37 PM
 #75

Thats what bullion dealers are for, hand over the cash and walk out with the metal.
It's not as easy as you make it seem like. I have checked several bullion dealers within my country, and they all require me to have them store a copy of my ID and other personal information for who knows how long.

Also do they have various limits in place at which they by law are forced to report purchases and sales over a certain amount to the government. That, at least in my country, is not a motivating factor to buy myself into gold.

DOW Jones [stock markets] have gone up from 18000 to 26000. Looks like the cartel is selling gold and putting the multi-trillions in stock markets. See insider's information for gold on my website. Those algorithms.
They don't have to sell gold in order to significantly inflate stock prices. Nearly the entire stock market has been bought up with debt in the last couple of years, all because of how cheap it is to borrow money.

Gold always tends to lose value when there is no urgent need to hedge anything.

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 10, 2018, 01:41:25 AM
 #76

Hundreds of people are saying gold and silver are safer than bank deposits

Read here: https://bitcointalk.org/index.php?topic=4463427.0
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 12, 2018, 04:00:40 PM
 #77

With gold price right now, Gold must be very undervalue. Paper money always printed by central banks but gold have limited supply. Gold price should be more than current price and i am believe gold price will increasing when crisis happen

Crude Oil $80/barrel as Iran fears mount

Oil has risen above $80 a barrel to its highest level this year amid concerns about supplies from Iran and a fall in US stockpiles.Brent crude rose more than 1% to $80.13 - the first time it has breached $80 since late May.The rise reflects concern about the impact of US sanctions against Iran that will target oil exports.

"Iran is increasingly becoming the preoccupation of the crude market," said consultants JBC Energy."The last couple of weeks have seen the expected squeeze on Iranian crude flows taking shape, with overall outflows down markedly."Gordon Gray, HSBC's global head of oil and gas equity research, said there were "real risks" that Brent could hit $100 a barrel.

https://www.bbc.com/news/business-45501884
Ng93
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
September 14, 2018, 01:10:57 PM
 #78

Very different opinions on this issue...
I believe that gold and silver are worth buying, when you have a lot of money you need to save and protect them from the mood of the market, from the default of the national currency and from natural disasters. It's not an asset to multiply money. It is an asset to save your Fiat money.

● sgamepro ●   ❐ Telegram ❐   ❐ Whitepaper ❐     ● sgamepro ●
███   PLAY MOBILE GAMES MINE   ███
██████     CRYPTO-TOKENS EARN REAL MONEY ██████
leeheidrick
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile WWW
September 15, 2018, 01:06:35 AM
 #79

Listen to your property statistics. I feel puzzled and very excited. Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel Roll Eyes
You are right. I am also confused by the title of this post, but I managed to understand the meaning of this post, and he believes the price of gold is 2500 $ / ounce and 60 $ silver / ounce.
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 18, 2018, 07:12:18 PM
 #80

Gold is manipulated heavily. Its price should be higher, but it is in someones interest to chrush the price. I hope it will get its deserved valuation in the future, as economy is crumbling and fiat is worthless.

People must order an Federal Bureau of Investigation [FBI] investigation into stock markets [26000] and Gold price fall to $1200/ounce, Silver price fall to $14/ounce and Apple Inc. at $1 Trillion, Amazon at $1 Trillion on the stock markets.
Pages: « 1 2 3 [4] 5 »  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!