Bitcoin Forum
December 10, 2016, 05:13:11 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 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 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1807534 times)
tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
June 07, 2012, 05:09:55 PM
 #1981

Au got down to $1580.  Where did you cover, CD?


1481346791
Hero Member
*
Offline Offline

Posts: 1481346791

View Profile Personal Message (Offline)

Ignore
1481346791
Reply with quote  #2

1481346791
Report to moderator
1481346791
Hero Member
*
Offline Offline

Posts: 1481346791

View Profile Personal Message (Offline)

Ignore
1481346791
Reply with quote  #2

1481346791
Report to moderator
1481346791
Hero Member
*
Offline Offline

Posts: 1481346791

View Profile Personal Message (Offline)

Ignore
1481346791
Reply with quote  #2

1481346791
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481346791
Hero Member
*
Offline Offline

Posts: 1481346791

View Profile Personal Message (Offline)

Ignore
1481346791
Reply with quote  #2

1481346791
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 07, 2012, 05:13:53 PM
 #1982

Au got down to $1580.  Where did you cover, CD?



i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
June 07, 2012, 05:19:46 PM
 #1983

Au got down to $1580.  Where did you cover, CD?



i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Keep posting them to your subs!
tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
June 07, 2012, 05:24:17 PM
 #1984

Au got down to $1580.  Where did you cover, CD?
i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Not true.  If you hedged effectively on your short, I personally have some admiration.  I'm not at all a trader so it's an impressive feat which I am incapable of.  OTOH, a big win would also be attenuated it seems to me.  I guess my style is mostly to go all in for the longer haul based on fundamentals.  Neither strategy is either right or wrong I think.  Just depends on the person and his/her situation.

I would suggest that an inarguable example of one of your trading success (that is, one which was stated explicitly ahead of time) in public might induce more people to be interested in your for-pay newsletter.  I have to say that it was a little questionable to publicly announce your short but keep the hedge in your box of tricks to pull out if needed.


cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 07, 2012, 05:26:48 PM
 #1985

Au got down to $1580.  Where did you cover, CD?
i didn't.  but i'm going to stop giving out my own positions b/c its useless around here.

i won't get any credit if they win and i'll get alot of hoots and haws if i lose.  no use.

Not true.  If you hedged effectively on your short, I personally have some admiration.  I'm not at all a trader so it's an impressive feat which I am incapable of.  OTOH, a big win would also be attenuated it seems to me.  I guess my style is mostly to go all in for the longer haul based on fundamentals.  Neither strategy is either right or wrong I think.  Just depends on the person and his/her situation.

I would suggest that an inarguable example of one of your trading success (that is, one which was stated explicitly ahead of time) in public might induce more people to be interested in your for-pay newsletter.  I have to say that it was a little questionable to publicly announce your short but keep the hedge in your box of tricks to pull out if needed.



understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 07, 2012, 06:11:06 PM
 #1986

This may be about as good as it gets for covering PM shorts.

The markets are calling Bernanke on his bluff in this high-stakes poker game. Only ~$30 down on a major announcement Ben, really? Weak. And no real confirmation from other fiat? Sad.

Even though the house has the keys to the vault, it's way outnumbered by the players.

As tvbcof pointed out, credit has been given where due.
MatthewLM
Legendary
*
Offline Offline

Activity: 1092



View Profile WWW
June 07, 2012, 07:10:36 PM
 #1987

I'm doubting speculators in gold really wanted to hear the precise words "quantitative easing". What more do they want to hear other than ultra low interest rates until 2014? As has been shown countless of times before, these moves down are often engineered.

Bitcoin Extra Wallet | Peercoin Android Wallet
BTC: 1D5A1q5d192j5gYuWiP3CSE5fcaaZxe6E9  PPC: PH7fVn1Xs7nkUFmdwCX2ZRYfLPCSwGxAq9
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 07, 2012, 07:34:22 PM
 #1988

The Daaash for Digital Caaash!
tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
June 07, 2012, 08:39:50 PM
 #1989


understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.

Here's an idea:

Take one safe-ish strategy, advertise it publically, and play it.  Then state the win metrics, and also the win metrics for the better plays that you and your subscribers have going.  Like you say, if you are bullshitting, your subscribers will call you on it.

Hell, get a proven string going and even I would be likely to sign up!


silverbox
Legendary
*
Offline Offline

Activity: 910


View Profile
June 07, 2012, 08:43:40 PM
 #1990


understood.  but my subs know i put that GDXJ long on early last week.  and there are a bunch of them here who would roast me if i lied.

necessarily, i have to keep my best stuff to me and my subs otherwise what do they pay for?  so my discussions here will oftentimes sound incomplete.

Here's an idea:

Take one safe-ish strategy, advertise it publically, and play it.  Then state the win metrics, and also the win metrics for the better plays that you and your subscribers have going.  Like you say, if you are bullshitting, your subscribers will call you on it.

Hell, get a proven string going and even I would be likely to sign up!



7% a week baby, can't beat it!!
bitsire
Full Member
***
Offline Offline

Activity: 203


View Profile
June 08, 2012, 08:21:38 PM
 #1991

The spot prices of gold and silver are about as honest as the non-farm payroll numbers. As someone said the other week, we don't have markets, we have the Truman Show.

I'm sure many here probably already frequent TFMetals Report - the latest post contains an account of last night's raid by 2 people who were trading at the time:

http://www.tfmetalsreport.com/blog/3885/last-desperate-acts

I'm so glad I got into Bitcoin - with all these shenanigans intensifying over the last couple of weeks, Bitcoin has come through unscathed, heck it even strengthened.

I'll just keep stacking my coins - be they gold, silver or bit. And canned hams of course.... gotta stack those hams  Grin

silverbox
Legendary
*
Offline Offline

Activity: 910


View Profile
June 08, 2012, 08:42:49 PM
 #1992



Guaranteed to be the last thing on your shelf..
bitsire
Full Member
***
Offline Offline

Activity: 203


View Profile
June 08, 2012, 09:14:36 PM
 #1993

LOL, well, that could be a positive of stacking SPAM - you know you won't be eating it unless there's nothing else left  Grin
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 08, 2012, 10:32:18 PM
 #1994

A subtle, yet powerful shift did occur on the 6th after all. It looks like Spain has quietly defaulted, a restructuring to strengthen the Eurozone will be attempted, and Bernanke's bluff has been rebuked. The tide has finally changed.

London Trader - Staggering 515 Tons of (paper) Gold Sold in 4 Hours.

It's looking more like the gold revaluation will happen in stages over the next few years. This phase should see up to $3,000/oz, the next $5,000-7,000, and the final somewhere in excess of $10,000 until fully reintegrated with the financial system.
bitsire
Full Member
***
Offline Offline

Activity: 203


View Profile
June 08, 2012, 10:59:32 PM
 #1995

A subtle, yet powerful shift did occur on the 6th after all. It looks like Spain has quietly defaulted, a restructuring to strengthen the Eurozone will be attempted, and Bernanke's bluff has been rebuked. The tide has finally changed.

I was reading CNN Money earlier (I always go there first to see what BS the MSM is spewing) and one of the articles said that stocks were up because rumor has it that Spain will be requesting a bailout this weekend.

So broke sovereign requesting a bailout = stocks up I guess. What an absolute joke.
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 08, 2012, 11:30:50 PM
 #1996

A subtle, yet powerful shift did occur on the 6th after all. It looks like Spain has quietly defaulted, a restructuring to strengthen the Eurozone will be attempted, and Bernanke's bluff has been rebuked. The tide has finally changed.
I was reading CNN Money earlier (I always go there first to see what BS the MSM is spewing) and one of the articles said that stocks were up because rumor has it that Spain will be requesting a bailout this weekend.

So broke sovereign requesting a bailout = stocks up I guess. What an absolute joke.

Is it any wonder nearly the only participants left are the banks and hedgies? Got phyzzz?

In other news, Bitcoin reached $7.24/BTC today - briefly, on CampBX.
silverbox
Legendary
*
Offline Offline

Activity: 910


View Profile
June 08, 2012, 11:59:31 PM
 #1997

A subtle, yet powerful shift did occur on the 6th after all. It looks like Spain has quietly defaulted, a restructuring to strengthen the Eurozone will be attempted, and Bernanke's bluff has been rebuked. The tide has finally changed.
I was reading CNN Money earlier (I always go there first to see what BS the MSM is spewing) and one of the articles said that stocks were up because rumor has it that Spain will be requesting a bailout this weekend.

So broke sovereign requesting a bailout = stocks up I guess. What an absolute joke.

Is it any wonder nearly the only participants left are the banks and hedgies? Got phyzzz?

In other news, Bitcoin reached $7.24/BTC today - briefly, on CampBX.


CampBX hardly counts Wink
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 09, 2012, 03:17:07 AM
 #1998

CampBX hardly counts Wink

Not really, but I'm trying to look on the bright side for cypherdoc Smiley

Edit: but then there's talk all over about upward gold revaluation...
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 11, 2012, 12:55:02 AM
 #1999

In addition to the general futures mechanism that shows how the physical gold price cannot decline without incurring debilitating shortages, an in-depth examination of GLD movements highlights the paper side.

In short, derivative creation causes movements to appear slower while the underlying instruments are moving rapidly. The greater the magnitude of derivatives, the longer changes appear to take.
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
June 11, 2012, 07:46:23 AM
 #2000

Another odd event, this one coming from data on Friday's futures open interest at the Honk Kong Mercantile Exchange. OI nearly quadrupled, reaching heights last seen briefly at the high of November 2011, and twice around the USD$1,600 level just prior to gold's launch to breach $1,900. Meanwhile, volume is way off the charts. A similar situation exists with silver.

Even though the HKMex is tiny compared to COMEX/LBMA, it does have an interesting position being an international PM futures exchange in a region where physical is the primary means of trading gold, not paper. If demand cannot be met in the physical markets, will it spill over into the futures markets to facilitate acquisitions? If so, it's hard to see how the $2,000 mark will last.
Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 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 ... 1560 »
  Print  
 
Jump to:  

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!