tvbcof
Legendary
Offline
Activity: 4690
Merit: 1276
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2012, 02:45:59 PM |
|
You probably agree with the USA founding fathers, too. This quote "all men are created equal" is often misused. Put in its historical context it was meant to mean that there are no God-appointed "lords" or "serfs". Think of it like "every baby is equal" or perhaps "All men are created with equal opportunity".
Your interpretation of the phrase is, I believe, correct and I agree fully with the founders in this. The phrase is, I believe, often distorted and used to justify absurdities by 'my people'; That is, the libs. i grew up in relatively humble beginnings and you might call me a "self-made man". i put myself all the way thru college and grad school. i also spent 2 summers as a kid at a disabled childrens camp as the son of the camp nurse. i have great sympathy for the "underdog" to a fault. this might explain my temporary lack of judgment for having voted for Obama b/c he was black hoping that he might actually do what he said. this is why i truly do want to help Bitcoiners avoid the clutch of the Wall St punks.
Heh. We're back to significant agreement and mirrored behaviour vis-a-vis Obama. At this point I would have more hope that Romney would pull an FDR on 'his people' than that Obama would actually do anything of significance for anyone besides his funders. And I have the same hopes for Bitcoin and Bitcoiners (and others for that matter.) At the very least, I hope Bitcoin provides utility and leverage in this struggle. what i was agreeing to with tvbcof was that i do think certain men are born with more talents, intelligence, or drive than other men. but i do believe that all mean should start off in life with equal opportunities to the extent that is possible but at some point market forces need to be allowed to work.
Least I am misunderstood here, let me clarify that I have a huge amount of respect for the 'free market' and consider it the powerplant behind modern society. I only want to communicate my belief that left completely to it's own it has every bit as much of a chance of tearing itself and everything around it apart as it does auto-seek the ultimate solution to every problem.
|
sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
|
|
|
bracek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2012, 02:57:44 PM |
|
|
|
|
|
|
silverbox
Legendary
Offline
Activity: 966
Merit: 1003
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 02:17:54 PM |
|
I'm happy to say I got it wrong, gold didn't pull back some like I thought it would after the Fed didn't do anything more at last weeks meeting.. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 04:31:53 PM |
|
I'm happy to say I got it wrong, gold didn't pull back some like I thought it would after the Fed didn't do anything more at last weeks meeting.. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Bitcoin is still outperforming gold. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
bracek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 05:56:58 PM |
|
so, will gold and silver have a decent spike down any time soon ? I am waiting to redistribute some from btc into PM-s, they are good aphrodisiac, and for general bragging ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) while bitcoin is not there yet, it still has quite the opposite impact
|
|
|
|
silverbox
Legendary
Offline
Activity: 966
Merit: 1003
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 07:21:54 PM |
|
so, will gold and silver have a decent spike down any time soon ?
It seems highly unlikely.
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 07:44:51 PM |
|
so, will gold and silver have a decent spike down any time soon ? I am waiting to redistribute some from btc into PM-s, they are good aphrodisiac, and for general bragging ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) while bitcoin is not there yet, it still has quite the opposite impact I think in the next 12 months we will see once again silver to bitcoin parity in USD price. We did see that in June 2011. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 09:16:43 PM |
|
so, will gold and silver have a decent spike down any time soon ?
It seems highly unlikely. The bull doesn't want anyone along for the ride, so there probably won't be any obvious dips as entry points. It's probably best to scale in and out by selling some BTC at spikes, then buying PMs.
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 09:42:39 PM |
|
so, will gold and silver have a decent spike down any time soon ?
It seems highly unlikely. If equity markets crash so will gold and silver. If we have short term deflation equities will crash and PMs as well. How much of a crash? I see it reaching $21 for silver...previous resistance turned support.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
bracek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 10:11:21 PM |
|
so, will gold and silver have a decent spike down any time soon ?
It seems highly unlikely. The bull doesn't want anyone along for the ride, so there probably won't be any obvious dips as entry points. It's probably best to scale in and out by selling some BTC at spikes, then buying PMs. I am waiting for silver parity, somewhere around 20 usd ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) that would be a bomb , to catch these two at that level and make a partial transition
|
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 10:51:51 PM |
|
If equity markets crash so will gold and silver.
If we have short term deflation equities will crash and PMs as well.
How much of a crash? I see it reaching $21 for silver...previous resistance turned support.
Paper variants, perhaps. With physical metal, and other physical assets in general, capital flows will rush to them (smart money already has) in an escape from financial instruments. In this situation, paper gold and silver could fall below $500 and $10, respectively. So don't hold ETFs or shares unless there's actual metal or production backing them up and there are multiple records of your ownership aside from just the broker. Otherwise, you risk becoming another MF Global victim. Meanwhile, if bonds experience an outflow, the primary recipients will be commodities and equities. Currencies will benefit, but will not be the primary targets because of inherent instabilities shared with bonds. Everyone is expecting stock market crashes when there are signs of accumulation, and the opposite in bonds. I expect a bond market crash instead. Bitcoin - weekly Gox volume below 350k would be suggestive of a $10.80-11 floor next week, and <320k points to $12 or better.
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2012, 11:03:03 PM |
|
If equity markets crash so will gold and silver.
If we have short term deflation equities will crash and PMs as well.
How much of a crash? I see it reaching $21 for silver...previous resistance turned support.
Paper variants, perhaps. With physical metal, and other physical assets in general, capital flows will rush to them (smart money already has) in an escape from financial instruments. In this situation, paper gold and silver could fall below $500 and $10, respectively. So don't hold ETFs or shares unless there's actual metal or production backing them up and there are multiple records of your ownership aside from just the broker. Otherwise, you risk becoming another MF Global victim. Meanwhile, if bonds experience an outflow, the primary recipients will be commodities and equities. Currencies will benefit, but will not be the primary targets because of inherent instabilities shared with bonds. Everyone is expecting stock market crashes when there are signs of accumulation, and the opposite in bonds. I expect a bond market crash instead. Bitcoin - weekly Gox volume below 350k would be suggestive of a $10.80-11 floor next week, and <320k points to $12 or better. I agree...but I'm speaking in terms of what you can buy physical metal for. I see people getting spooked out of their PM position and selling to get cash. Of course the smart money will hold.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
dopamine
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 01:05:00 PM |
|
No formal announcement of QE3 but backdoor method that the Fed has started to monetize the debt ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Gold has not catched up to this stealth QE3...
|
Bitcoinica still has not given me 50% of my claim of 600 BTC INTERSANGO can go down with bitcoinica for abandoning customers Alberto Armandi is a SCAMMER
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 03:13:04 PM |
|
The Daaash for Digital Caaash! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
tvbcof
Legendary
Offline
Activity: 4690
Merit: 1276
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 03:48:17 PM |
|
I agree...but I'm speaking in terms of what you can buy physical metal for. I see people getting spooked out of their PM position and selling to get cash. Of course the smart money will hold.
A mechanism which could separate me from some of my physical under a severe downturn situation could be that I'm bargain hunting for other assets or services. While I've diversified some ('all in' from 2002->2010-ish) I am still probably a bit heavy in PM's but that's because very little has come along which shares some of the more important counter-party risk aspects of physical PM's. Bitcoin is one of the few.
|
sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
|
|
|
thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 05:44:55 PM |
|
No formal announcement of QE3 but backdoor method that the Fed has started to monetize the debt ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Gold has not catched up to this stealth QE3... can you post an article... thx!
|
|
|
|
dopamine
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 06:07:15 PM |
|
|
Bitcoinica still has not given me 50% of my claim of 600 BTC INTERSANGO can go down with bitcoinica for abandoning customers Alberto Armandi is a SCAMMER
|
|
|
conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 06:08:30 PM |
|
There are some signs that central banksters (and therefore their minion banksters too) may now stop to short gold: Whether it's up or down, central banks are manipulating markets in secrethttp://gata.org/node/11645GET READY FOR THE GOLD REBOUND BEFORE IT IS TOO LATE: MARSHALL AUERBACK http://www.theaureport.com/pub/na/14066If this happens, a price shoot out of the solar system may be in the cards ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F2.bp.blogspot.com%2F--YolAAN4cTM%2FT2MaOuYV5qI%2FAAAAAAAADHs%2Fu1ni3ePYU-E%2Fs400%2Fusury.jpg&t=665&c=lB9xrMGChgxh5Q)
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2012, 06:11:34 PM |
|
watched your video. made me want to vomit. that Fed repo news has been out for a few days and yes markets responded. but will it work in the long run? NO
|
|
|
|
|