Quote from: flipstyle on January 29, 2015, 05:45:57 AM

Quote from: cypherdoc on January 29, 2015, 05:40:32 AM

Quote from: flipstyle on January 29, 2015, 05:36:33 AM

Quote from: Murq on January 29, 2015, 05:32:04 AM

Quote from: cypherdoc on March 13, 2012, 09:22:01 PM

Gaud, the last thing i want to do is create another massive thread like the "Gold-I smell a trap" one over in Economics that went on for 5 months. it was just too much work. most ppl here into gold/silver won't like what i have to say so don't bother reading further.

my views haven't changed. i think gold/silver is a relic of the past and Bitcoin will assume its place as a new standard. i think gold drops to $400. i think that we are about to embark on a massive debt deleveraging phase which will be deflationary and take stocks down with it to test the March 09 lows at least. we may drift a few more days higher in the Dow before it rolls over. i see divergences everywhere but especially with the Transports, Russell, and ALL commodities like oil, natural gas, wheat, corn, rice, soybeans, copper and gold/silver. the silver chart especially is busted. the general mining stocks are telegraphing hard times ahead like FCX, TCK, BHP. the junior miners have been devastated as in GDXJ. GDX is following it down.

there's a good chance Wall St and the Fed are desperately trying to manipulate the Dow higher to get retail investors back in but don't buy it. once we roll they will sell/short you into oblivion. the Vix did an underthrow today once again to try and create complacency.

i'm going to try and not say much more as i could be wrong and i know the gold bugs are going to start swarming with the hate.

just gonna put this right here on page one thousand and something.

lawl. Such foresight. Much tin foil. Wow!

Gold to 400 and bitcoin to el moon they said. Buy buy buy!!

since March 13, 2012, Bitcoin has destroyed Gold. theZerg ought to give us an update.

Well I can't fault you on your pick and choose time frame. You're right on that. Gold has not crashed to the depths you speak of, though. Not even close. Now the question is, how many people such as yourself had the foresight to buy in big before the rise (many of which had potential realized profits devoured by the Gox debacle). My guess is you're in the minority.

that's probably true. but alot of those ppl who lost on Gox are true believers who might have been stung but not killed. they'll use this recent dip to reload.