Gold collapsing. Bitcoin UP.

[cypherdoc]

Bitcoin up!  AAPL up!

gold and silver not so good today ;(

no, no, no!

Gold slowly collapsing, Bitcoin UP, Apple down (sniff, sniff, sniff; I smell 10 BTC)!!!

[cypherdoc]

Can u Feel It?  I can:

http://www.youtube.com/watch?v=bYPqZlhpbQo

[silverbox]

Bitcoin up!  AAPL up!

gold and silver not so good today ;(

no, no, no!

Gold slowly collapsing, Bitcoin UP, Apple down (sniff, sniff, sniff; I smell 10 BTC)!!!

maybe you should retitle the thread.  Gold ever so gently declines..

lol



FTJ on AAPL!!

this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 4/18

Bitcoin 5.09   (down ~6%)

Gold 1643  (down ~3%)

[cypherdoc]

Bitcoin up!  AAPL up!

gold and silver not so good today ;(

no, no, no!

Gold slowly collapsing, Bitcoin UP, Apple down (sniff, sniff, sniff; I smell 10 BTC)!!!

maybe you should retitle the thread.  Gold ever so gently declines..

lol



FTJ on AAPL!!

this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 4/18

Bitcoin 5.09   (down ~6%)

Gold 1643  (down ~3%)

true, but i just wish i didn't get nailed right off the bat with that negative news event.  thats ok.

can u feel the spread narrowing?  i can.

[silverbox]

I feel like both gold and bitcoin are poised to make big up moves

AAPL I think will go sideways, but its fun to cheer for it on this thread

[cypherdoc]

I feel like both gold and bitcoin are poised to make big up moves

AAPL I think will go sideways, but its fun to cheer for it on this thread

darn right; THIS is your favorite thread.  Transisto can't stand you now.  did he put you on Ignore?

[silverbox]

I feel like both gold and bitcoin are poised to make big up moves

AAPL I think will go sideways, but its fun to cheer for it on this thread

darn right; THIS is your favorite thread.  Transisto can't stand you now.  did he put you on Ignore?

Probably not yet..  Its funny when non Mod's try to be the forum police

[SkRRJyTC]

Can u Feel It?  I can:

http://www.youtube.com/watch?v=bYPqZlhpbQo

Love it!

My new rally song for the week!


CAN YOU FEEL IT?

[cypherdoc]

Can u Feel It?  I can:

http://www.youtube.com/watch?v=bYPqZlhpbQo

Love it!

My new rally song for the week!


CAN YOU FEEL IT?

the only thing i can feel is that Apple is about to breach $600 once and for all.

[conspirosphere.tk]

BTW: is anyone invested in gold/silver through Bullionvault here?
I am, and thinking of ask them the option of liquidating in BTC instead of fiat. Maybe if there are others BV clients of similar mind we could present a sort of petition with some chances more of being taken in consideration.
Anyone?

[cypherdoc]

iz it tim yet?:

[cypherdoc]

sniff, sniff.  i love the smell of Deflation.

[cypherdoc]

current connections on gox are higher than normal.  people are taking this run seriously.  migrating gold bugs?

[silverbox]

Look at all them big white candles..

A clear bullish signal!

http://www.daytradersbulletin.com/html/cs6.html

We went off the gold standard completely in 1971..  

In Fiat we trust!

[cypherdoc]

Look at all them big white candles..

A clear bullish signal!

http://www.daytradersbulletin.com/html/cs6.html

We went off the gold standard completely in 1971..  

In Fiat we trust!

so, in other words, you won't detect a reversal in the metals until after at least a full year of declines go by? more likely longer if you look for confirmation of two or more successive yearly declines or crossing of moving averages.?

edit:  i said this in the other gold thread;  one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses.

[silverbox]

so, in other words, you won't detect a reversal in the metals until after at least a full year of declines go by? more likely longer if you look for confirmation of two or more successive yearly declines or crossing of moving averages.?

edit:  i said this in the other gold thread;  one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses.

Yup.  A year of decline might lead one to believe that the Central Banks stopped printing, the CBs would sure like us to think so anyways

Yeah because long term trends are useless   and the mechanics behind them even more so

I guess we've never had deflation so far, or zooming out wouldn't work.

Whats different now???

[miscreanity]

i said this in the other gold thread;  one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses.

And those who don't look at greater scales are afraid to do so because it reveals the patterns of real collapse in other asset classes. Do you only study history back to 1950?

In the western world, people grow up and think to themselves: "If only I knew back then, what I know now!"

They reinvent the wheel because they're arrogant enough to think they can do things better than all whom have come before, when they could be listening to the words of wisdom from history. Instead, these are the people who attain sharp rises in power and the world suffers for their imprudent actions.

Over hundreds of years, gold and silver have plummeted in price for various reasons. At the same time, global exploration and industrial expansion were unbridled. Irresistible force meets immovable object - growth hits its limit; it's all part of one system.





To think about this another way, what happens when Bitcoin's base supply stops expanding? Any further growth will seek the path of least resistance, which is decimal expansion - the opposite direction of what is normally expected.

The same is happening with gold - if its physical supply cannot be expanded at the rate it has been over thousands of years, its price relative to other measures will have to expand.

[cypherdoc]

so, in other words, you won't detect a reversal in the metals until after at least a full year of declines go by? more likely longer if you look for confirmation of two or more successive yearly declines or crossing of moving averages.?

edit:  i said this in the other gold thread;  one of the most favorite forms of denial in charting is to keep zooming out to cover up your losses.

Yup.  A year of decline might lead one to believe that the Central Banks stopped printing, the CBs would sure like us to think so anyways

Yeah because long term trends are useless  and the mechanics behind them even more so

I guess we've never had deflation so far, or zooming out wouldn't work.

Whats different now???

but we've sure had 2 stock mkt crashes of around 57% and an ongoing housing crash.  that sure is deflation and who wants to go thru that again?

what if we go thru one of those again or maybe even one bigger?  its possible gold/silver go all the way back down to what it was in 2000.  

i listened to this on the way in to work today and it was informative.  i'm a fan of Jim Rickards even tho i disagree with him on gold:  http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/04/18/goals-of-federal-reserve-policy-inflation-and-financial-repression

he says that the Fed is clearly worried about Deflation.  so maybe you should too?  the real question is whether they can or will be able to stop it.  i think they're losing the battle...

[miscreanity]

Forgot to mention that options expiration is in 2 days... cue the shenanigans.

Also, there's always a victim whenever a squeeze occurs. It's no longer just leveraged futures traders being forced to liquidate:
Syria selling gold reserves as sanctions bite

Control of the world's gold supply is tantamount to its domination. Remember - only the producers matter when it comes to deciding what acts as money; if oil wants Euros as payment, the Euro is money. Likewise, gold.

If gold is overly controlled, Bitcoin is the only remaining freedom from banks on the immediate horizon... unless JP Bitcoinica acquires the majority supply of those as well.

[cypherdoc]

i'll tell you what scares the hell out of me.  its this chart of the Dow going back to 1900 non log.  inflationists just see a linear extension of the upward trend to infinity.  does that really make sense given all the problems in the world today?

i think we have a problem that the last 12 yrs is trying to tell us.  MAJOR TOP is what i see: