Bitcoin Forum
December 08, 2016, 10:22:18 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   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 ... 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 [441] 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806502 times)
Dragonkiller
Sr. Member
****
Offline Offline

Activity: 350


View Profile
June 19, 2014, 05:01:14 PM
 #8801

Bitcoin stable. Gold UP  Tongue

Morgan Stanley two months ago: 'gold price won't see $1,300 again' lulz.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481235738
Hero Member
*
Offline Offline

Posts: 1481235738

View Profile Personal Message (Offline)

Ignore
1481235738
Reply with quote  #2

1481235738
Report to moderator
1481235738
Hero Member
*
Offline Offline

Posts: 1481235738

View Profile Personal Message (Offline)

Ignore
1481235738
Reply with quote  #2

1481235738
Report to moderator
1481235738
Hero Member
*
Offline Offline

Posts: 1481235738

View Profile Personal Message (Offline)

Ignore
1481235738
Reply with quote  #2

1481235738
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 19, 2014, 05:04:09 PM
 #8802

Monster move in gold.



 Grin


Curious, cypher. Are you familiar with FOFOA and his Freegold theory?

Thoughts?

yes.

miscreanity and i have debated his work ad nauseum 2-3 yrs ago in the precursor to this thread:

Gold: I Smell a Trap
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 19, 2014, 05:04:30 PM
 #8803

legging in slowly...
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 19, 2014, 05:22:07 PM
 #8804

USD, UST's, stocks all down, with gold up.  hmmmm....

only one day so no big deal.  will have to see if this unusual correlation persists.
zeetubes
Sr. Member
****
Offline Offline

Activity: 371


View Profile
June 19, 2014, 05:24:57 PM
 #8805

USD, UST's, stocks all down, with gold up.  hmmmm....

only one day so no big deal.  will have to see if this unusual correlation persists.

There will be massive pressure to get the price of gold and silver back below $1300 and $20 before the markets close.  I hope they're not successful.
FNG
Hero Member
*****
Offline Offline

Activity: 588


View Profile
June 19, 2014, 06:08:00 PM
 #8806

Cheers. I'll gibe the thread a read.

USD, UST's, stocks all down, with gold up.  hmmmm....

only one day so no big deal.  will have to see if this unusual correlation persists.
My eyes are on this.

http://www.telegraph.co.uk/news/worldnews/middleeast/saudiarabia/10911281/Iraq-crisis-Britain-and-US-must-not-meddle-in-Iraq-warns-Saudi-Arabia.html

A failure in our relationship with S.A, Qatar, and Kuwait could see a flood of $'s and mad dash to gold. U.S already fucked up on Russia....S.A will be the straw so to speak.

$ collapsing, Gold and bitcoin up a hell of a lot
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
June 19, 2014, 06:29:59 PM
 #8807

 Shocked

silver has made a new high again

20$ silver  Never again!
Huh

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2100



View Profile
June 19, 2014, 06:56:12 PM
 #8808

gold could easily explode at any time ... no i mean really explode.

the parlous situation in the gold markets and gold banking world is untenable, there is very little physical gold to be had anywhere.

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.

justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
June 19, 2014, 07:13:04 PM
 #8809

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.
Gold owners are getting Goxxed?
FNG
Hero Member
*****
Offline Offline

Activity: 588


View Profile
June 19, 2014, 07:20:53 PM
 #8810

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.
Gold owners are getting Goxxed?
Paper gold owners

Hopefully, for their sake, it wasn't allocated gold. If it was..this may lead to a rush for physical
medusa13
Hero Member
*****
Offline Offline

Activity: 679

hello world


View Profile
June 19, 2014, 07:38:41 PM
 #8811

damn and i sold 500gr yesterday  Roll Eyes

shit happens i think

XMR Monero
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
June 19, 2014, 07:40:10 PM
 #8812

Here we go PM collapsing again everything is alright with the world.

traderCJ
Sr. Member
****
Offline Offline

Activity: 280


View Profile
June 19, 2014, 09:02:29 PM
 #8813

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.

Can you elaborate on the source?
tvbcof
Legendary
*
Online Online

Activity: 1988


View Profile
June 19, 2014, 09:42:08 PM
 #8814

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.
Gold owners are getting Goxxed?
Paper gold owners

Hopefully, for their sake, it wasn't allocated gold. If it was..this may lead to a rush for physical

I love paper PM suckers.  They've been the gift that keeps on giving for those of us who like the phyz...and have been accumulating.  If/when the music stops they'll also be a big factor in causing the phyz to exceed it's reasonable steady-state value.  I've always expected to try to draw down if/when we hit that point.  Just like Jim 'Mr. Gold' Sinclair did back in the 80's.

This multi-year trough in gold prices has exceeded my expectations in terms of duration by some margin.  All it means (hopefully) is that that much more stress has built up and the relief will be that much more impressive.

But I still think that there is a very real possibility that no matter what happens with PM's it will be pretty ho-hum compared to what we see in Bitcoin if/when it finally goes.  I'll be very happy with either of these eventualities.


boumalo
Hero Member
*****
Offline Offline

Activity: 924


View Profile
June 20, 2014, 07:46:25 AM
 #8815

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.
Gold owners are getting Goxxed?
Paper gold owners

Hopefully, for their sake, it wasn't allocated gold. If it was..this may lead to a rush for physical

I love paper PM suckers.  They've been the gift that keeps on giving for those of us who like the phyz...and have been accumulating.  If/when the music stops they'll also be a big factor in causing the phyz to exceed it's reasonable steady-state value.  I've always expected to try to draw down if/when we hit that point.  Just like Jim 'Mr. Gold' Sinclair did back in the 80's.

This multi-year trough in gold prices has exceeded my expectations in terms of duration by some margin.  All it means (hopefully) is that that much more stress has built up and the relief will be that much more impressive.

But I still think that there is a very real possibility that no matter what happens with PM's it will be pretty ho-hum compared to what we see in Bitcoin if/when it finally goes.  I'll be very happy with either of these eventualities.



The sentiment on Gold among the financial world is very low, the Gold market is manipulated to a lower price than what it should be

China&bricks are buying and Gold bugs buying physical gold are not going to sell for a 20% raise, they are going to keep their Gold and maybe sold a fraction of it when the price had been multi plicated many folds

tabnloz
Hero Member
*****
Offline Offline

Activity: 793


View Profile
June 20, 2014, 07:52:36 AM
 #8816

Cheers. I'll gibe the thread a read.

USD, UST's, stocks all down, with gold up.  hmmmm....

only one day so no big deal.  will have to see if this unusual correlation persists.
My eyes are on this.

http://www.telegraph.co.uk/news/worldnews/middleeast/saudiarabia/10911281/Iraq-crisis-Britain-and-US-must-not-meddle-in-Iraq-warns-Saudi-Arabia.html

A failure in our relationship with S.A, Qatar, and Kuwait could see a flood of $'s and mad dash to gold. U.S already fucked up on Russia....S.A will be the straw so to speak.

$ collapsing, Gold and bitcoin up a hell of a lot

I posted this in the Death of Money review thread. I think it is also relevant here as Rickards is a known gold bug

http://www.darientimes.com/32801/rickards-connecting-dots-in-the-global-mosaic/


tldr:

- US turning to Shi'ite supporting Iran to repel Saudi backed Sunni ISIS = Saudi notices less need for petrodollar, direct trade with China.

- Russia sits back in Ukraine, doing shit when attention shifts.

- Turkey may be drawn in to regional conflict due to Kurdish Nth Iraq, Jordan shelters ISIS and has US bases.

- Gold up, oil up.

I would add Bitcoin up.



FNG
Hero Member
*****
Offline Offline

Activity: 588


View Profile
June 20, 2014, 10:46:19 AM
 #8817

Cheers. I'll gibe the thread a read.

USD, UST's, stocks all down, with gold up.  hmmmm....

only one day so no big deal.  will have to see if this unusual correlation persists.
My eyes are on this.

http://www.telegraph.co.uk/news/worldnews/middleeast/saudiarabia/10911281/Iraq-crisis-Britain-and-US-must-not-meddle-in-Iraq-warns-Saudi-Arabia.html

A failure in our relationship with S.A, Qatar, and Kuwait could see a flood of $'s and mad dash to gold. U.S already fucked up on Russia....S.A will be the straw so to speak.

$ collapsing, Gold and bitcoin up a hell of a lot

I posted this in the Death of Money review thread. I think it is also relevant here as Rickards is a known gold bug

http://www.darientimes.com/32801/rickards-connecting-dots-in-the-global-mosaic/


tldr:

- US turning to Shi'ite supporting Iran to repel Saudi backed Sunni ISIS = Saudi notices less need for petrodollar, direct trade with China.

- Russia sits back in Ukraine, doing shit when attention shifts.

- Turkey may be drawn in to regional conflict due to Kurdish Nth Iraq, Jordan shelters ISIS and has US bases.

- Gold up, oil up.

I would add Bitcoin up.




Battle over pipelines. Qatar and Saudi want to feed Europe via Syria. Russia wants to feed them through Ukraine.

This could effectively be "it" for the USD by the time the mess is sorted. Nobody needs the U.S anymore

http://www.gold-eagle.com/article/syria-pipeline-politics-opec-usdollar
vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
June 20, 2014, 10:51:33 AM
 #8818


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

Activity: 490


View Profile
June 20, 2014, 04:22:16 PM
 #8819

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.

Can you elaborate on the source?

That's huge. They were one of the last to have decent gold reserves in Europe...
Now they make you withdraw cash? There goes Switzerland as world banker.
Bitcoin is really becoming necessary.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 20, 2014, 04:37:40 PM
 #8820

on very good authority a major swiss bank is now refusing customer withdrawals of physical bullion and insisting on cash (fiat) settlement only ... this is a pattern that has become more and more widespread but Swiss banks out of gold? really? yes really.

Can you elaborate on the source?

That's huge. They were one of the last to have decent gold reserves in Europe...
Now they make you withdraw cash? There goes Switzerland as world banker.
Bitcoin is really becoming necessary.

otoh, it's seems Switzerland is opening back up to ATM's and exchanges:

http://www.coindesk.com/swiss-regulators-give-green-light-bitcoin-atm-network/

http://www.bilan.ch/argent-finances-plus-de-redaction/negoce-bitcoin-devient-realite-suisse

equally huge.
Pages: « 1 ... 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 [441] 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 ... 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!