Gold collapsing. Bitcoin UP.

[cypherdoc]

excuse me but doesn't extending Operation Twist just continue to compress Net Interest Margins for banks?  how's that gonna help?  answer:  it's not.  in fact it makes it worse.

oh and also, how's does lowering interest rates relieve the fixed debt burden of corporations?  answer:  it doesn't.  it makes it worse via increasing the effective debt load of fixed rate debt acquired in the past.

Brilliant Ben.

[MatthewLM]

Operation twist...

[MatthewLM]

Wasted some time...

[bitcool]

"In case things get worse, we are prepared to protect the U.S. economy and financial system," Bernanke told reporters at a press conference.

All I see is a big middle finger Ben is showing to the deflationists. 

[MatthewLM]

QE3 will commence after Bernanke solves a few problems.

[muyuu]

Oil down. Bitcoin UP!

[cypherdoc]

Oil down. Bitcoin UP!

no kidding.  where's the inflation?

[miscreanity]

no kidding.  where's the inflation?

Toiling away in the shadows and behind closed doors in posh offices; anywhere the spotlight of attention is not aimed.

[cypherdoc]

no kidding.  where's the inflation?

Toiling away in the shadows and behind closed doors in posh offices; anywhere the spotlight of attention is not aimed.

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

[miscreanity]

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

I've already explained that none of us have access to such a market, just as only a microcosm of domestic US society had legal access to gold during a brief period. What you want would be like a random person asking for a Demonoid membership, or Top Secret US government clearance. The only difference being that the big gold club is far more exclusive than either; its very existence isn't even talked about even though things don't add up with official explanations. Physicists don't know exactly what dark matter is, but its existence can be inferred from indirect observations.

[cypherdoc]

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

I've already explained that none of us have access to such a market, just as only a microcosm of domestic US society had legal access to gold during a brief period. What you want would be like a random person asking for a Demonoid membership, or Top Secret US government clearance. The only difference being that the big gold club is far more exclusive than either; its very existence isn't even talked about even though things don't add up with official explanations. Physicists don't know exactly what dark matter is, but its existence can be inferred from indirect observations.

so how do u propose to capitalize on such "fair" prices?

how about this?  why don't YOU buy my 24 oz from me since you DO know the real price.  i will sell them to you, seriously.

[miscreanity]

so how do u propose to capitalize on such "fair" prices?

how about this?  why don't YOU buy my 24 oz from me since you DO know the real price.  i will sell them to you, seriously.

Hold physical metal.

I'm fully committed currently, and I'd actually prefer that others hold physical metal as well. If it's already owned, so much the better. It wouldn't do anyone any good to be the only one left standing financially, just as Bitcoin wouldn't be beneficial if one person held every unit. Think of your remaining 24 oz as a reminder of your triumphant call at the 2011 top

And if you still want to sell in 2013, I'll buy.

[cypherdoc]

The Silverox Update:

Gold: -6%

Bitcoin:  +25%

Diff:  31%

[cypherdoc]

so how do u propose to capitalize on such "fair" prices?

how about this?  why don't YOU buy my 24 oz from me since you DO know the real price.  i will sell them to you, seriously.

Hold physical metal.

No

I'm fully committed currently, and I'd actually prefer that others hold physical metal as well. If it's already owned, so much the better. It wouldn't do anyone any good to be the only one left standing financially, just as Bitcoin wouldn't be beneficial if one person held every unit.

yeah, i figured as much.

Think of your remaining 24 oz as a reminder of your triumphant call at the 2011 top

damn right.

And if you still want to sell in 2013, I'll buy.

if you're willing to buy at the "fair" price of $35,000/oz i will fly to you this weekend to complete the tx. (shhhh, just btwn you and me, i'd sell @ $2800/oz)

[miscreanity]

if you're willing to buy at the "fair" price of $35,000/oz i will fly to you this weekend to complete the tx. (shhhh, just btwn you and me, i'd sell @ $2800/oz)

Like China, unless it's over $2,800 next year, I'm not buying if I can get it cheaper

Besides, the 'fair price' could end up being much higher...

[cypherdoc]

if you're willing to buy at the "fair" price of $35,000/oz i will fly to you this weekend to complete the tx. (shhhh, just btwn you and me, i'd sell @ $2800/oz)

Like China, unless it's over $2,800 next year, I'm not buying if I can get it cheaper

Besides, the 'fair price' could end up being much higher...

then you should be willing to buy now @ $2800/oz.  like i said, i'll fly to you as long as you have a cashier's check in hand.

[cypherdoc]

if you're willing to buy at the "fair" price of $35,000/oz i will fly to you this weekend to complete the tx. (shhhh, just btwn you and me, i'd sell @ $2800/oz)

Like China, unless it's over $2,800 next year, I'm not buying if I can get it cheaper

Besides, the 'fair price' could end up being much higher...

then you should be willing to buy now @ $2800/oz.  like i said, i'll fly to you as long as you have a cashier's check in hand.

take out a loan for Christ's sake.  if you truly believe this HI bullshit you've been spewing forth for the last year, i'm giving you the opportunity to win on both sides of a trade for a mere undervalued price of $2800/oz.  the loan will be worthless once HI explodes and you'll be sitting on gold worth $35,000/oz.

[molecular]

no kidding.  where's the inflation?

Toiling away in the shadows and behind closed doors in posh offices; anywhere the spotlight of attention is not aimed.

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

In germany, where we use a comma (",") as decimal separator.

[cloon]

no kidding.  where's the inflation?

Toiling away in the shadows and behind closed doors in posh offices; anywhere the spotlight of attention is not aimed.

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

In germany, where we use a comma (",") as decimal separator.

Das stimmt nicht mehr. heute wird bei uns auch der punkt als dezimalseparateur benutzt (wird seit etwa 10 jahren so gelehrt).

translation:
no we use the "."

[2weiX]

no kidding.  where's the inflation?

Toiling away in the shadows and behind closed doors in posh offices; anywhere the spotlight of attention is not aimed.

i want to sell 24 oz of gold Krugerands.  can u tell me where i can get the fair price of $35,000 per oz, please?

In germany, where we use a comma (",") as decimal separator.

Das stimmt nicht mehr. heute wird bei uns auch der punkt als dezimalseparateur benutzt (wird seit etwa 10 jahren so gelehrt).

translation:
no we use the "."

O RLY?

ever tried importing your mtgox history into a german excel?