Gold collapsing. Bitcoin UP.

[cypherdoc]

[1714177193]

1714177193

[1714177193]

1714177193

[cypherdoc]

it's that time again:

Charge!!!!!!!!!

[hazek]

Having fun? You do see the rest of the commodities and you do see USDX and you do know what that mostly likely means for the near future right?

[tvbcof]

$1523 coming right up!

I hope so for a couple of reasons.  One of the most trivial and petty of them is that if Au does not touch $1523, cypherdoc will be able to say "Well, it would be at $1200 instead of $2000 if my target had been touched and therefor I'm so right about everything all the time that I amaze myself."

[cypherdoc]

Having fun? You do see the rest of the commodities and you do see USDX and you do know what that mostly likely means for the near future right?

considering all the abuse, skepticism, attacks, trolling i've taken on this thread from everyone here since the beginning (last August), yes i am.

[tvbcof]

Having fun? You do see the rest of the commodities and you do see USDX and you do know what that mostly likely means for the near future right?

considering all the abuse, skepticism, attacks, trolling i've taken on this thread from everyone here since the beginning (last August), yes i am.

Make hay while the sun shines.

[hazek]

Having fun? You do see the rest of the commodities and you do see USDX and you do know what that mostly likely means for the near future right?

considering all the abuse, skepticism, attacks, trolling i've taken on this thread from everyone here since the beginning (last August), yes i am.

Make hay while the sun shines.

Too late.   


Of course in the short term this ^ means nothing and is as childish as cypherdoc posts.

[molecular]

oh my miscreanity, oh my.

I knew it.  You don't know shit.  This thread is worthless.

you're right.  i don't know shit.  move along...

still catching up on this awesome thread...

[cypherdoc]

Having fun? You do see the rest of the commodities and you do see USDX and you do know what that mostly likely means for the near future right?

considering all the abuse, skepticism, attacks, trolling i've taken on this thread from everyone here since the beginning (last August), yes i am.

Make hay while the sun shines.

Too late.   


Of course in the short term this ^ means nothing and is as childish as cypherdoc posts.

most ppl on this forum i want to help.  you sir, i want to crush.

[MatthewLM]

It all comes down primarily on the politics. What do central banks do? A good question to ask is what were they designed for?.

[hazek]

It all comes down primarily on the politics. What do central banks do? A good question to ask it what were they designed for?.

Precisely. I'm well aware that the market's natural path right now would have to be severe price deflation and rise in purchasing power of currencies. But I'm not so stupid to ignore what the stupid politicians are going to do in an attempt to save their crony friends and that's why I don't care even if gold goes down to $1400 because I'm certain in 1 year it will be higher than it is today.

[conspirosphere.tk]

I don't care even if gold goes down to $1400 because I'm certain in 1 year it will be higher than it is today.

And in case of another big drop in silver I would go all in using my last phiat bank-notes to stack more phyzz praising the Lord for the discount.

edit: check out the today's article by Martin Armstrong:
http://armstrongeconomics.files.wordpress.com/2012/05/051612-pubic-private.pdf

Related:
Zero Hedge - Canary In The Gold Mine: In Historic Move, Japanese Pension Fund Switches To Gold For First Time Ever
Submitted by Tyler Durden on 05/16/2012
http://www.zerohedge.com/news/canary-gold-mine-historic-move-japanese-pension-fund-switches-gold-first-time-ever

[cypherdoc]

It all comes down primarily on the politics. What do central banks do? A good question to ask is what were they designed for?.

certainly not to allow gold to reascend the throne of a monetary reserve currency.

all they have to do to short circuit your dreams is to stop QE and let the USD skyrocket which it appears they have decided to do.  do you really want to trust your future to Ben Bernanke?

[hazek]

I don't care even if gold goes down to $1400 because I'm certain in 1 year it will be higher than it is today.

And in case of another big drop in silver I would go all in using my last phiat bank-notes to stack more phyzz praising the Lord for the discount.

Ditto.

[bitsire]

Wow, I can't believe what's going on with the metals today. I feel even more confident now with my recent diversification into bitcoin. Though I'd love to pick up some more silver at these prices, I feel that my metals stacks are sufficient but my b/c stack is lacking so I'm leaning towards more b/c. Tough decision.

Oh how I wish there was a "London Whale" of the bitcoin world who could smack down the price to give us one last sale  

[hazek]

all they have to do to short circuit your dreams is to stop QE and let the USD skyrocket which it appears they have decided to do.  do you really want to trust your future to Ben Bernanke?

Bwahahahahahahha just goes to show how utterly clueless and ignorant of past evidence you really are.

[cypherdoc]

all they have to do to short circuit your dreams is to stop QE and let the USD skyrocket which it appears they have decided to do.  do you really want to trust your future to Ben Bernanke?

Bwahahahahahahha just goes to show how utterly clueless and ignorant of past evidence you really are.

you are going to lose alot of money.

[MatthewLM]

do you really want to trust your future to Ben Bernanke?

Says the person who places trust in the federal reserve notes. How ironic.  

[cypherdoc]

do you really want to trust your future to Ben Bernanke?

Says the person who places trust in the federal reserve notes. How ironic.  

for now. 

and i always have my Bitcoin.

[hazek]

all they have to do to short circuit your dreams is to stop QE and let the USD skyrocket which it appears they have decided to do.  do you really want to trust your future to Ben Bernanke?

Bwahahahahahahha just goes to show how utterly clueless and ignorant of past evidence you really are.

you are going to lose alot of money.

I converted 80% of my savings into gold 3.5 years ago and I already gained a lot more purchasing power since and you want me to believe I'm going to "lose a lot of money"?

Bwahahahaahaha oh how cruel the day of reckoning is going to be for you once your delusions get smashed against reality.