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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2028266 times)
sidhujag
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July 25, 2015, 11:53:15 PM
 #29301

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

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For more visit Syscoin.org  ★☆★
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cypherdoc
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July 26, 2015, 12:33:24 AM
 #29302

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

I'll believe it when I  see it.
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July 26, 2015, 12:37:38 AM
 #29303

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.
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July 26, 2015, 02:58:54 AM
 #29304

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

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
solex
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July 26, 2015, 03:22:10 AM
 #29305

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

Indeed. And for those that are still counting it will be QE5 next.
http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

QE4 was a re-bailout of the Treasury market for new issuance plus a much needed cash infusion for the primary dealers (banks)
QE3 was a re-bailout of the MBS investors (re-bailout of Fannie & Freddie) and banks
QE2 was a bailout of the Treasury market, FDIC, plus domestic and foreign banks
QE1 was a bailout of the MBS investors (bailout of Fannie & Freddie) and the banks
TARP was a bailout of the merchant banks (Citi, Squid etc) plus AIG, car-makers and (why not?) foreign banks

cypherdoc
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July 26, 2015, 03:45:22 AM
 #29306

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

Indeed. And for those that are still counting it will be QE5 next.
http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

QE4 was a re-bailout of the Treasury market for new issuance plus a much needed cash infusion for the primary dealers (banks)
QE3 was a re-bailout of the MBS investors (re-bailout of Fannie & Freddie) and banks
QE2 was a bailout of the Treasury market, FDIC, plus domestic and foreign banks
QE1 was a bailout of the MBS investors (bailout of Fannie & Freddie) and the banks
TARP was a bailout of the merchant banks (Citi, Squid etc) plus AIG, car-makers and (why not?) foreign banks

the time to have raised rates was during the towering stock market advance of the last few years before what appears to have been the peak on May 19, 2015.  now that we have a Dow Theory non-confirmation on the board which looks to confirm the latter half of this year, it would be highly unlikely they raise interest rates into the the teeth of that as that would only accelerate an ongoing plunge.

it will be interesting to see how they handle this one but i doubt it will include a raise in rates.
sidhujag
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July 26, 2015, 03:56:12 AM
 #29307

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.
So you think the internal report that alluded to a rate rise this year accidentily published by the fed on their website was smoke and mirrors?

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
NewLiberty
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July 26, 2015, 06:07:41 AM
 #29308

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

Indeed. And for those that are still counting it will be QE5 next.
http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

QE4 was a re-bailout of the Treasury market for new issuance plus a much needed cash infusion for the primary dealers (banks)
QE3 was a re-bailout of the MBS investors (re-bailout of Fannie & Freddie) and banks
QE2 was a bailout of the Treasury market, FDIC, plus domestic and foreign banks
QE1 was a bailout of the MBS investors (bailout of Fannie & Freddie) and the banks
TARP was a bailout of the merchant banks (Citi, Squid etc) plus AIG, car-makers and (why not?) foreign banks

the time to have raised rates was during the towering stock market advance of the last few years before what appears to have been the peak on May 19, 2015.  now that we have a Dow Theory non-confirmation on the board which looks to confirm the latter half of this year, it would be highly unlikely they raise interest rates into the the teeth of that as that would only accelerate an ongoing plunge.

it will be interesting to see how they handle this one but i doubt it will include a raise in rates.

Market performance being that mysterious third mandate of the dual mandate.

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
cypherdoc
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July 26, 2015, 06:28:15 AM
 #29309

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

Indeed. And for those that are still counting it will be QE5 next.
http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

QE4 was a re-bailout of the Treasury market for new issuance plus a much needed cash infusion for the primary dealers (banks)
QE3 was a re-bailout of the MBS investors (re-bailout of Fannie & Freddie) and banks
QE2 was a bailout of the Treasury market, FDIC, plus domestic and foreign banks
QE1 was a bailout of the MBS investors (bailout of Fannie & Freddie) and the banks
TARP was a bailout of the merchant banks (Citi, Squid etc) plus AIG, car-makers and (why not?) foreign banks

the time to have raised rates was during the towering stock market advance of the last few years before what appears to have been the peak on May 19, 2015.  now that we have a Dow Theory non-confirmation on the board which looks to confirm the latter half of this year, it would be highly unlikely they raise interest rates into the the teeth of that as that would only accelerate an ongoing plunge.

it will be interesting to see how they handle this one but i doubt it will include a raise in rates.

Market performance being that mysterious third mandate of the dual mandate.

The way they behave, you'd think it's all about  the stock market.
tabnloz
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July 26, 2015, 06:46:48 AM
 #29310

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.
So you think the internal report that alluded to a rate rise this year accidentily published by the fed on their website was smoke and mirrors?

maybe that leak glitch was a subtle form of forward guidance.

interesting that rumblings of an EM crash have since intensified - the debt racked up by overseas entities priced in dollars is over $5T according to BIS (iirc)
TPTB_need_war
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July 26, 2015, 06:52:01 AM
 #29311

interesting that rumblings of an EM crash have since intensified - the debt racked up by overseas entities priced in dollars is over $5T according to BIS (iirc)

Yup.

May be it's just USD is currently being pumped so that everything else goes down compared to USD ?
Can it be that IMF and the Fed decided to sell all of it's gold, silver and other reserves to pump USD and Dow ?

If you had been reading Martin Armstrong's blog and my posts here, you'd have known for over 2 years that the dollar would becoming stronger because all the QE sent out into the world as carry trade of the ZIRP is going come rushing back to the USA (leaving the rest of the world in a short position in dollars bankrupting the emerging markets) as it will be safe haven as the rest of the world collapses. This would cause the USA to raise interest rates, thus compounding the problem for all nations except the USA. The target date was Oct 2015. Right on time...

Zarathustra
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July 26, 2015, 07:43:27 AM
 #29312

interesting that rumblings of an EM crash have since intensified - the debt racked up by overseas entities priced in dollars is over $5T according to BIS (iirc)

Yup.

May be it's just USD is currently being pumped so that everything else goes down compared to USD ?
Can it be that IMF and the Fed decided to sell all of it's gold, silver and other reserves to pump USD and Dow ?

If you had been reading Martin Armstrong's blog and my posts here, you'd have known for over 2 years that the dollar would becoming stronger because all the QE sent out into the world as carry trade of the ZIRP is going come rushing back to the USA (leaving the rest of the world in a short position in dollars bankrupting the emerging markets) as it will be safe haven as the rest of the world collapses. This would cause the USA to raise interest rates, thus compounding the problem for all nations except the USA. The target date was Oct 2015. Right on time...

Armstrong will be wrong again. Nothing special will happen Oct 2015.
molecular
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July 26, 2015, 08:10:44 AM
 #29313

Small blocks equal small minds.

lol, small blocks equal smart minds.   (contrary big and stupid)

Small blocks, small dicks.


Does your mom know you're staying up late and sneaking on to her laptop just to act like a jackass?

Here son, have a clue:

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Oh yeah? So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
pinky
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July 26, 2015, 08:20:45 AM
 #29314


Armstrong will be wrong again. Nothing special will happen Oct 2015.

Even Armstrong said this. Don't expect some market to crash on that day, but it will be important turning point that indicates years of misery ahead (countries going bankrupt, companies going bankrupt, more civil unrests, wars, migrations, viruses).

 

                :YE@@@G  
           .r5O@@@MB@@, 
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:@@@@MGE0NqPSXGMMMB@r   
 ,X@@@MG0qkSEMMOMM@@     
    .YO@@GZMMMOMM@@.     
        ;@@BMOOMM@P     
         .@@MOOM@@       
          i@@MOM@v       
           u@BB@@       
            O@@@:       
             vN:               

 

.                ,       
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    .U@@@            :0@@



              :N@@MJ  :i 
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 r@@O5@@@@@@@@@@@@@MuM@B.
@@@@@@@@@M@@MM@@M@@@@@@@@
Y@@MMM@v   @MBM   X@MMB@8
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  i@@@B@1 :YUUL. O@@@@@ 
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      :5@@@@@@@@@Oj.     
   
 

            ,ir7vj       
           7@@@@@@       
           @@@:         
           @@@:         
        :i:@@@::i7       
        r@@@@@@@@@       
        ...@@@: .,       
           @@@:         
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           @@@;         
           @@@r         
          .@@@v         
           :,::         



Zarathustra
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July 26, 2015, 08:55:05 AM
 #29315


Armstrong will be wrong again. Nothing special will happen Oct 2015.

Even Armstrong said this. Don't expect some market to crash on that day, but it will be important turning point that indicates years of misery ahead (countries going bankrupt, companies going bankrupt, more civil unrests, wars, migrations, viruses).

Not really. Only a little bit of misery ahead; and then, acccording to his model: Roaring Twenties reloaded:

http://i1.wp.com/armstrongeconomics.com/wp-content/uploads/2012/08/ecconf-maa-clr.jpg?resize=584%2C449
iCEBREAKER
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Crypto is the separation of Power and State.


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July 26, 2015, 09:36:25 AM
 #29316

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?


No, and those features should be fought just like any others.  The adversarial process is valuable in assuring they do not compromise security or reliability.

Fighting features doesn't mean never accepting them no matter what.


██████████
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██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
smooth
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July 26, 2015, 09:41:02 AM
 #29317

Small blocks equal small minds.

lol, small blocks equal smart minds.   (contrary big and stupid)

Small blocks, small dicks.


Does your mom know you're staying up late and sneaking on to her laptop just to act like a jackass?

Here son, have a clue:

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Oh yeah? So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?

To the extent those build on top of Bitcoin they aren't adding features to it or making the the core code bigger. If they require changes to the core code or adding new features to it, that's a different matter that needs to be considered carefully.
smooth
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July 26, 2015, 09:44:06 AM
 #29318

Looks like we have a rate rise by the fed on tap this year. Should start to get priced in on monday

Yeah, no.  QE4?  Yep.

I'm expecting both, with unlimited Keynesian hubris on the side.
This is a confidence game, so with sufficiently disorganized alternatives, the Fed may be bold and anyway they are not afraid of Bitcoin... at all.

Indeed. And for those that are still counting it will be QE5 next.
http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

QE4 was a re-bailout of the Treasury market for new issuance plus a much needed cash infusion for the primary dealers (banks)
QE3 was a re-bailout of the MBS investors (re-bailout of Fannie & Freddie) and banks
QE2 was a bailout of the Treasury market, FDIC, plus domestic and foreign banks
QE1 was a bailout of the MBS investors (bailout of Fannie & Freddie) and the banks
TARP was a bailout of the merchant banks (Citi, Squid etc) plus AIG, car-makers and (why not?) foreign banks

the time to have raised rates was during the towering stock market advance of the last few years before what appears to have been the peak on May 19, 2015.  now that we have a Dow Theory non-confirmation on the board which looks to confirm the latter half of this year, it would be highly unlikely they raise interest rates into the the teeth of that as that would only accelerate an ongoing plunge.

it will be interesting to see how they handle this one but i doubt it will include a raise in rates.

I kind of agree with solex that the medicine (rate increase, even if symbolic, just so they can say they did) will come with a spoonful of sugar (QE of some sort, or something similar) to avoid crushing the markets.

But I wouldn't be terribly surprised to see rate increases continually delayed either. It's the US version of extend and pretend.


pinky
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July 26, 2015, 10:28:11 AM
 #29319


Armstrong will be wrong again. Nothing special will happen Oct 2015.

Even Armstrong said this. Don't expect some market to crash on that day, but it will be important turning point that indicates years of misery ahead (countries going bankrupt, companies going bankrupt, more civil unrests, wars, migrations, viruses).

Not really. Only a little bit of misery ahead; and then, acccording to his model: Roaring Twenties reloaded:

http://i1.wp.com/armstrongeconomics.com/wp-content/uploads/2012/08/ecconf-maa-clr.jpg?resize=584%2C449

Well I guess it depends where you live, since every country/region has it's own cycle. There are multiple cycles that converge this time and it will be scary.

For example look at the Middle East & North Africa - total chaos and destruction in the past years. They are effectively in the Dark Ages and will stay there for decades.

Then you can look at EU where around 50% of the economy is governments spending (debt + taxation). Debt in most EURO countries is at 100% of GDP or more. Taxation is very high - in some countries 50% of you paycheck goes directly to your government + VAT is at 20-30%. Can you imagine how even small economic downturn can tear apart thin social justice bullshit when you are starving or cannot pay your bills. Remember that EURO countries cannot manage their level of debts via inflation as they used to do with their own currencies.

 

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sgbett
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July 26, 2015, 10:34:22 AM
 #29320

Small blocks equal small minds.

lol, small blocks equal smart minds.   (contrary big and stupid)

Small blocks, small dicks.


Does your mom know you're staying up late and sneaking on to her laptop just to act like a jackass?

Here son, have a clue:

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Oh yeah? So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?

To the extent those build on top of Bitcoin they aren't adding features to it or making the the core code bigger. If they require changes to the core code or adding new features to it, that's a different matter that needs to be considered carefully.

But if the claim is that sidechains are the 'solution' to the 'problem'. Then you are saying they are part of bitcoin [the ecosystem] whether they are part of core or not.

Increasing block size does not add features *and* it 'solves' the 'problem'. Without introducing any other layers of complexity, or attempting to artificially manipulate the fee economy that is growing organically just as it was always intended.

What frightens me is that the whole thing seems to have turned into a pissing contest.

The fee market isn't a problem right now, the block size is. So why are people trying to pre-emptively fix the fee market in an ass backwards way to address the block size problem.

Only 2 nodes here but as soon as we get an XT block size fork I'm in. I sincerely hope that it doesn't come to that though, and the opposing core devs see sense and pull one of the recent BIPS (preferably the 8 meg one, but the 2 would do) straight to core. A complicit hard for will go over much more smoothly I feel.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
http://haschinabannedbitcoin.com
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