Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 30/06/2015, 00:38:56 UTC
I gotta say that PM's today are at there sucky low levels in spite of a decline in the USDX.  This surprises me more than a bit.

You wouldn't be the least bit surprised had you been following Armstrong since he has been predicting that and has explained long before it happened why it would be the case.

My sense is that there is a lot happening behind the scenes and I'm inclined to be prepared for anything as a result of the grexit or threat there-of.  Thankfully I don't have to worry about a lot of other 'vestments since I deliberately keep my 'portfolio' pretty simple.  Were I not to do so I imagine that I might have some trouble sleeping over the next block of time.

You should be worried, because it appears you don't have a correct conceptualization and thus you could lose a lot on those few investments. In particular, Bitcoin is going to take a nose dive to double-digits after this current bounce (which should top out at about $315).