chriswilmer
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July 17, 2014, 03:21:43 PM |
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beautiful intraday reversal on the VIX: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F2O92nPk.png&t=665&c=SGIZyJhKFGCXKA) Do you think buying VIX (via some appropriate ETF) and holding for a few months is a good idea?
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cypherdoc (OP)
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July 17, 2014, 03:29:00 PM |
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definitely got a flight to safety going on with UST's, gold, and Bitcoin all rallying with stocks DOWN.
USD down which is interesting.
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cypherdoc (OP)
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July 17, 2014, 03:30:56 PM |
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well DFNYS tells us 2 things:
1. Bitcoin will not be made illegal in the US-huge positive 2. large corporations now have clarity if they want to get into Bitcoin-also positive from my perspective
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FNG
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July 17, 2014, 03:34:43 PM |
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definitely got a flight to safety going on with UST's, gold, and Bitcoin all rallying with stocks DOWN.
USD down which is interesting.
people are figuring it out..well..besides the UST buyers ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But I won't be surprised if Gold crashes hard on paper only to have physical supply dry up and rise 20x so while paper sets the price of physical the game is still rigged
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cypherdoc (OP)
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July 17, 2014, 03:36:24 PM |
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beautiful intraday reversal on the VIX: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F2O92nPk.png&t=665&c=SGIZyJhKFGCXKA) Do you think buying VIX (via some appropriate ETF) and holding for a few months is a good idea? possibly. if you look at the long term VIX chart i posted above, you'll see a small double bottom formation with a higher low which could be signalling a true bottom on that chart. i say possibly b/c there seems to be no limit to what the Fed will do to prop the stock market up. that's actually been a defined goal of theirs for the last 5 yrs. Yellen even said yesterday that she doesn't think the economy is yet healthy and she's right. that means she stands ready to pump yet more. the trick is if you believe they can forever control markets. the timing of that is hard b/c short term they seem to be able to but long term there is inevitably crashes like in 2001 and 2008. we're over due for one right now. it seems every Chairman has to deal with at least one major asset crash during their tenure and i don't think Yellen will be able to avoid hers. long answer; maybe. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cypherdoc (OP)
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July 17, 2014, 03:41:11 PM |
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cypherdoc (OP)
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July 17, 2014, 03:47:16 PM |
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Bitcoin Bulls- "we have unlimited amounts of ammunition".
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cypherdoc (OP)
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July 17, 2014, 03:47:52 PM |
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moral of the story-"don't fly over Ukraine".
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FNG
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July 17, 2014, 03:49:40 PM |
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I wouldn't call SK 3rd world.. But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.
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zeetubes
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July 17, 2014, 03:52:27 PM |
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moral of the story-"don't fly over Ukraine". No shit. I've flown with them many times before. Those guys can't catch a break right now.
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cypherdoc (OP)
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July 17, 2014, 03:54:17 PM |
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I wouldn't call SK 3rd world.. But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost. it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US. i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on. when does it all end? i guess it makes sense to debt enslave America. altho, i'm sure we'll default. how they don't get this is beyond me. imo, the end game is if and when the UST market cracks. that's the big kahuna for the US.
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notme
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July 17, 2014, 03:56:06 PM |
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I wouldn't call SK 3rd world.. But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost. Exactly, we still have to wait because nobody wants to bankrupt half their export business. Demand needs better global distribution before the transition can be made. Yes there are great costs to continuing to do business this way, but the costs are less than the costs of a transition at the moment. Of course, once one big player makes the move the cost of continuing the game will go up for everyone else and the dominoes will start to fall. They are all moving in that direction, but I don't see anyone who is close enough yet.
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notme
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July 17, 2014, 04:01:47 PM |
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I wouldn't call SK 3rd world.. But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost. it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US. i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on. when does it all end? i guess it makes sense to debt enslave America. altho, i'm sure we'll default. how they don't get this is beyond me. imo, the end game is if and when the UST market cracks. that's the big kahuna for the US. If they let interest rates rise, then the Fed will have a harder time propping up everything else. Until they withdrawal from stocks they have to support bonds so the Fed can act as a force multiplier.
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cypherdoc (OP)
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July 17, 2014, 04:04:11 PM |
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stocks still sinking, Vix ramping.
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cypherdoc (OP)
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July 17, 2014, 04:06:26 PM |
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XHB, housing ETF, not looking so good: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6MimI6G.png&t=665&c=sMEyeB_8DXItew)
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FNG
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July 17, 2014, 04:06:53 PM |
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I wouldn't call SK 3rd world.. But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost. it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US. i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on. when does it all end? i guess it makes sense to debt enslave America. altho, i'm sure we'll default. how they don't get this is beyond me. imo, the end game is if and when the UST market cracks. that's the big kahuna for the US. Export countries need to buy $ and sell their currency to remain competitive. USD is the yardstick so to speak. Being the yardstick grants a huge amount of printing powers. "our currency, your problem" I'm sure you've heard the quote before. The oil producers keep the game in-tact, china kept it in tact until they built up their large scale world producing manufacturing base + cities. No need for the USd anymore with the manufacturing base of the world and now that the Russians are winning the gas wars to feed Europe. I'm just interested in who Germany sides with. France seems to have already selected Russia / China Exactly, we still have to wait because nobody wants to bankrupt half their export business. Demand needs better global distribution before the transition can be made. Yes there are great costs to continuing to do business this way, but the costs are less than the costs of a transition at the moment. Of course, once one big player makes the move the cost of continuing the game will go up for everyone else and the dominoes will start to fall. They are all moving in that direction, but I don't see anyone who is close enough yet.
This has what has kept the game going for so long. The U.S has been living off of external funding for ages now. > but I don't see anyone who is close enough yet. BRICS + Iran and Iraq possibly France and others in Europe may fall in line
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cypherdoc (OP)
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July 17, 2014, 04:07:50 PM |
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higher lows, with a huge intraday reversal: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F07qWTAK.png&t=665&c=DANsHtic4d3TeQ)
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FNG
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July 17, 2014, 04:09:28 PM |
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Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
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