Gold collapsing. Bitcoin UP.

[molecular]

do you have any idea how long Willie has been saying this?  his letters are teaming with doom and gloom.  got tired of reading him year after year.

Yes. I am reading him from several years and is always a good fun. No doom and gloom at all if you are a gold/silver bug. If I ever made any money investing is thanks to him, Bob Chapman (R.I.P.), The Mogambo, and a few others of the same kind.

Here is some snippets from this one:
"The hidden motive in the Libyan overthrow of Qaddafi was to steal his 144 tons of gold held in London. The banksters needed it. ...Tiny Ghana demanded its gold return from London, but suddenly its leader showed up dead. ...Germany will be disappointed when it learns the gold is gone."

edit: (lol. disappointed? A raving Hitler would not be enough to express it.)

edit 2: The publication TheStockMarketWatch reported in a post titled RAW VIDEO: ConEd Power Station Explodes In NYC  that the underground vault holding all of Germany’s gold reserves was completely destroyed. The actual source of this BREAKING NEWS FROM DC is The Daily Bail – here’s the quote:
In a hastily convened press conference, Fed Chairman Ben Bernanke announced Monday night that the ConEd explosion in NYC had completely destroyed the underground vault holding all of Germany’s gold reserves, thereby nullifying all recent German attempts at gold repatriation.
The gross value of the loss is $8,259,840,000.00 in today’s spot Gold/oz price of $1,720.80 at Kitco.com
Read all: http://theintelhub.com/2012/10/31/germany-loses-8-2-billion-as-geoengineered-superstorm-covers-heist/

edit 3: It was a spoof. Theintelhub took that seriously.

lmao. seems intelhub removed the story.

[1714295059]

1714295059

[1714295059]

1714295059

[1714295059]

1714295059

[cypherdoc]

do you have any idea how long Willie has been saying this?  his letters are teaming with doom and gloom.  got tired of reading him year after year.

Yes. I am reading him from several years and is always a good fun. No doom and gloom at all if you are a gold/silver bug. If I ever made any money investing is thanks to him, Bob Chapman (R.I.P.), The Mogambo, and a few others of the same kind.

Here is some snippets from this one:
"The hidden motive in the Libyan overthrow of Qaddafi was to steal his 144 tons of gold held in London. The banksters needed it. ...Tiny Ghana demanded its gold return from London, but suddenly its leader showed up dead. ...Germany will be disappointed when it learns the gold is gone."

edit: (lol. disappointed? A raving Hitler would not be enough to express it.)

edit 2: The publication TheStockMarketWatch reported in a post titled RAW VIDEO: ConEd Power Station Explodes In NYC  that the underground vault holding all of Germany’s gold reserves was completely destroyed. The actual source of this BREAKING NEWS FROM DC is The Daily Bail – here’s the quote:
In a hastily convened press conference, Fed Chairman Ben Bernanke announced Monday night that the ConEd explosion in NYC had completely destroyed the underground vault holding all of Germany’s gold reserves, thereby nullifying all recent German attempts at gold repatriation.
The gross value of the loss is $8,259,840,000.00 in today’s spot Gold/oz price of $1,720.80 at Kitco.com
Read all: http://theintelhub.com/2012/10/31/germany-loses-8-2-billion-as-geoengineered-superstorm-covers-heist/

edit 3: It was a spoof. Theintelhub took that seriously.

lmao. seems intelhub removed the story.

you have to realize that sometimes the gold bugs are even worse than the spinmeisters from the Fed.  we have some great examples right here on the forum.

[SkRRJyTC]

Ut Oh for me   

[cypherdoc]

Gold appears to be having starting failing its own Kaboom moment.

I see USD failing to find support after barely breaking the horizontal resistance line I drew earlier.  I also see Gold breaking its own resistance levels much more decisively...

Well?   

[ElectricMucus]

Gold appears to be having starting failing its own Kaboom moment.

I see USD failing to find support after barely breaking the horizontal resistance line I drew earlier.  I also see Gold breaking its own resistance levels much more decisively...

Well?   

94.5% of the ATH currently with 85.3% at the worst during the dip.

The bull market is clearly over!
LOL

[cypherdoc]

silverbox, did u sell GPL yet?

[cypherdoc]

oh my.  in case any of you were wondering what my Alert was about last nite, it was THIS. (gold)

[silverbox]

silverbox, did u sell GPL yet?

I sold some, it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower.

[cypherdoc]

silverbox, did u sell GPL yet?

I sold some (for a loss, I assume) , it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower.

[cypherdoc]

ZSL and DZZ on fire.  GG and SLW shorts a dumpin'.

[cypherdoc]

silverbox:  is it time yet?

[MatthewLM]

Gold down on jobs data? If that were true, it's only a temporary glitch. Anyone that pays attention to that fake data is kidding themselves and perhaps soon kicking themselves too.

[conspirosphere.tk]

They are painting the ticker as usual. Buy MOAR and praise the Lord.

[cypherdoc]

Inhale deeply.  The sweet smell of Deflation. 

[cypherdoc]

Gold down on jobs data? If that were true, it's only a temporary glitch. Anyone that pays attention to that fake data is kidding themselves and perhaps soon kicking themselves too.

ah yes, the self proclaimed Winner is here.  what say you?

[SkRRJyTC]

Gold appears to be having starting failing its own Kaboom moment.

I see USD failing to find support after barely breaking the horizontal resistance line I drew earlier.  I also see Gold breaking its own resistance levels much more decisively...

Well?   

+1 to Cypher   

[silverbox]

silverbox, did u sell GPL yet?

I sold some (for a loss, I assume) , it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower.

1.97.  yup lost a penny

[cypherdoc]

silverbox, did u sell GPL yet?

I sold some (for a loss, I assume) , it looks like were in for a small pullback, most likely I'll have a chance to rebuy lower.

1.97.  yup lost a penny

how bout update?

[silverbox]

This thread was started 3/13:

Bitcoin  5.40

Gold 1690


Today 11/3:

Bitcoin 10.56 (up ~95%)

Gold 1676   (down ~1%)


PM's and BTC both have taken a bit of tumble recently, BTC more so then PM's.  

BTC is outperforming gold.

Gold remains uncollapsed.

GPL 1.91  (Silver lg  @ 1.98)

[silverbox]

So I've been thinking that were just coasting along after the QE forever drifting slightly downwards waiting...  The next thing that is going to be a major influence I believe is the election..

I think that if Romney wins, PM's will not do as well as if Obama wins.

BTC I don't believe will be effected by the election, its next big thing is the delivery of ASICs and the block reward halving, I'm not sure either will have a big effect, but I think that if they do it will be upwards.