Bitcoin Forum
July 27, 2017, 02:54:01 AM *
News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
   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 ... 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 [369] 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1939067 times)
S3052
Legendary
*
Offline Offline

Activity: 2016



View Profile
January 20, 2014, 08:05:08 PM
 #7361

But nevertheless, some shifting from gold into BTC could boost the price.

This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to.


Selling some gold to buy Bitcoin...

*raises his hand*

I have the feeling that Bitcoin is NOW, while it may take a bit more time for gold and silver. The main reason for that is the heavy manipulation of the PMs, which is (hopefully) not the case for BTC, and of course the small market saturation/market cap of BTC is just an enormous opportunity.

The PMs time will come big time once the manipulation can no longer be held up.

JPM is the biggest culprit and alreadt getting sued left and right they are getting out of pms last I heard.. ofcourse after the damage is already done. I suspect both gold and btc to rise together to some extent after stock market peaks.


+1
1501124041
Hero Member
*
Offline Offline

Posts: 1501124041

View Profile Personal Message (Offline)

Ignore
1501124041
Reply with quote  #2

1501124041
Report to moderator
1501124041
Hero Member
*
Offline Offline

Posts: 1501124041

View Profile Personal Message (Offline)

Ignore
1501124041
Reply with quote  #2

1501124041
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2324



View Profile
January 21, 2014, 07:51:15 AM
 #7362

But nevertheless, some shifting from gold into BTC could boost the price.

This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to.


Selling some gold to buy Bitcoin...

*raises his hand*

You are not alone: https://www.youtube.com/watch?v=WMilJzD3pL0#t=1282 (listen for 60 seconds or so).

"Family offices" are moving some of their gold portfolio into Bitcoin.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
bitdragon
Hero Member
*****
Offline Offline

Activity: 610


peace


View Profile WWW
January 21, 2014, 09:55:14 AM
 #7363

Thought this was relevant:

deustche bank pulls out of rigging

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2324



View Profile
January 21, 2014, 10:47:26 AM
 #7364

Thought this was relevant:

deustche bank pulls out of rigging

Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ...

I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 01:49:12 PM
 #7365

But nevertheless, some shifting from gold into BTC could boost the price.

This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to.


Selling some gold to buy Bitcoin...

*raises his hand*

I have the feeling that Bitcoin is NOW, while it may take a bit more time for gold and silver. The main reason for that is the heavy manipulation of the PMs, which is (hopefully) not the case for BTC, and of course the small market saturation/market cap of BTC is just an enormous opportunity.

The PMs time will come big time once the manipulation can no longer be held up.

JPM is the biggest culprit and alreadt getting sued left and right they are getting out of pms last I heard.. ofcourse after the damage is already done. I suspect both gold and btc to rise together to some extent after stock market peaks.

They are still not brought to justice in any suitable form - it's like paying a fine of $100 for a crime with which you made $1000. Makes no sense.

They haven't really be getting out of PMs. Also, the rigging is illegal and takes place behind closed curtains with acceptance of the Fed (plus, JP Morgan is earning a shitload of money with it too).
Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 02:04:18 PM
 #7366

But nevertheless, some shifting from gold into BTC could boost the price.

This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to.


Selling some gold to buy Bitcoin...

*raises his hand*

You are not alone: https://www.youtube.com/watch?v=WMilJzD3pL0#t=1282 (listen for 60 seconds or so).

"Family offices" are moving some of their gold portfolio into Bitcoin.


Yeah, this is interesting, I read this in another interview yesterday, I think some CEO of some BTC fund was interviewed. He was also talking about family offices, and he said people were either selling gold for it OR high-risk assets - which, of curse, is a very curious mixture! But it makes perfect sense...
Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 02:08:05 PM
 #7367

Thought this was relevant:

deustche bank pulls out of rigging

Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ...

I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

There is certainly something in the cooking, it feels like the end of this is incredibly close...

However, not sure why DB did that.

John Embry's view:

But I find it fascinating that Deutsche Bank left the gold price fixing in London.  I remember vividly what happened 10 years ago when the Rothschilds left the London fix.  At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’

I took a different view.  I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500!  This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation.


Link:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.html

bitdragon
Hero Member
*****
Offline Offline

Activity: 610


peace


View Profile WWW
January 21, 2014, 02:14:39 PM
 #7368

Thought this was relevant:

deustche bank pulls out of rigging

Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ...

I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

There is certainly something in the cooking, it feels like the end of this is incredibly close...

However, not sure why DB did that.

John Embry's view:

But I find it fascinating that Deutsche Bank left the gold price fixing in London.  I remember vividly what happened 10 years ago when the Rothschilds left the London fix.  At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’

I took a different view.  I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500!  This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation.


Link:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.html



http://www.bnn.ca/News/2014/1/17/Buy-physical-gold-and-avoid-paper-CME-Trader.aspx

follow the money !

"there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..."


Wekkel
Legendary
*
Offline Offline

Activity: 1554



View Profile
January 21, 2014, 02:39:26 PM
 #7369

Nobody asks for delivery....

Like this post? you can tip me (BTC) 18j7UBNfhWWfvwGwrtzWfUrp1v6RDerFkY or (XEM) NBXGH5-MXQPNL-T5TA3R-QCQYUX-3FIEXC-LGIKGT-H7XJ
knarzo
Full Member
***
Offline Offline

Activity: 126


View Profile
January 21, 2014, 03:16:03 PM
 #7370

Nobody asks for delivery....

Nobody has the intention of building a wall..

Sic parvis magna
Ducky1
Hero Member
*****
Offline Offline

Activity: 504



View Profile
January 21, 2014, 05:25:20 PM
 #7371

Nobody asks for delivery....

I'm sure you are right..

http://www.24hgold.com/english/interactive_chart.aspx?title=COMEX+WAREHOUSES+REGISTERED+GOLD&etfcode=COMEX+WAREHOUSES+REGISTERED&etfcodecom=gold

COMEX will be empty before the end of february the latest if this graph is anything to go by.


 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
NewLiberty
Legendary
*
Offline Offline

Activity: 1162


Gresham's Lawyer


View Profile WWW
January 21, 2014, 06:09:45 PM
 #7372

Nobody asks for delivery....

Did you mean to say that more ask for it, than get it?

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 06:24:03 PM
 #7373

Thought this was relevant:

deustche bank pulls out of rigging

Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ...

I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

There is certainly something in the cooking, it feels like the end of this is incredibly close...

However, not sure why DB did that.

John Embry's view:

But I find it fascinating that Deutsche Bank left the gold price fixing in London.  I remember vividly what happened 10 years ago when the Rothschilds left the London fix.  At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’

I took a different view.  I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500!  This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation.


Link:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.html



http://www.bnn.ca/News/2014/1/17/Buy-physical-gold-and-avoid-paper-CME-Trader.aspx

follow the money !

"there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..."



WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station?

All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July.
vokain
Legendary
*
Offline Offline

Activity: 1708


V.V.V.V.V.


View Profile
January 21, 2014, 06:43:34 PM
 #7374

Thought this was relevant:

deustche bank pulls out of rigging

Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ...

I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

There is certainly something in the cooking, it feels like the end of this is incredibly close...

However, not sure why DB did that.

John Embry's view:

But I find it fascinating that Deutsche Bank left the gold price fixing in London.  I remember vividly what happened 10 years ago when the Rothschilds left the London fix.  At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’

I took a different view.  I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500!  This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation.


Link:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.html



http://www.bnn.ca/News/2014/1/17/Buy-physical-gold-and-avoid-paper-CME-Trader.aspx

follow the money !

"there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..."



WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station?

All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July.

yep, china just announced they more than doubled their gold reserves to something like 2700 tons from 1000 tons when they last counted in 2009. everyone posturing I would imagine



Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 06:47:05 PM
 #7375


WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station?

All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July.

yep, china just announced they more than doubled their gold reserves to something like 2700 tons from 1000 tons when they last counted in 2009. everyone posturing I would imagine



Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their future % gains will ever converge or if Bitcoin will just continue moving up and away

For sure they have more than 2700 tons now, that number is just a ridiculous understatement.
jojo69
Hero Member
*****
Offline Offline

Activity: 742



View Profile
January 21, 2014, 07:06:09 PM
 #7376



I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

I had missed that

...interesting, to say the least


This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2324



View Profile
January 21, 2014, 08:05:12 PM
 #7377

Nobody asks for delivery....

...and returns with gold.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Dr Bloggood
Sr. Member
****
Offline Offline

Activity: 266


View Profile
January 21, 2014, 08:51:23 PM
 #7378

Nobody asks for delivery....

...and doesn't cry themselves to sleep.
Ducky1
Hero Member
*****
Offline Offline

Activity: 504



View Profile
January 21, 2014, 08:58:57 PM
 #7379


Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away

I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left?



 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
molecular
Donator
Legendary
*
Offline Offline

Activity: 2324



View Profile
January 21, 2014, 09:07:23 PM
 #7380


Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away

I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left?

Are you kidding? Of course it's not safe.

How about just buying physical?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Pages: « 1 ... 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 [369] 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 ... 1558 »
  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!