Quote from: TPTB_need_war on July 26, 2015, 05:22:40 AM

Quote from: inca on July 26, 2015, 05:17:13 AM

Serious question: why do you think btc is correlated with gold or other commodities? Armstrong may be correct about a macroeconomic cycle but get bitcoin completely wrong.

Quote from: TPTB_need_war on July 24, 2015, 04:57:12 PM

Quote from: TPTB_need_war on July 24, 2015, 04:41:01 PM

[1] the reason I say that is because the Euro is preparing to gap down starting roughly in September or October. Or you short the Euro. I didn't run the numbers on that. I had BTC and needed to make a decision on my BTC. I don't have a brokerage account any more.

Go to stockcharts.com and run a 1 year chart on $EURUSD, then $GOLD, then $BRENT. Then go run a 1 year chart of BTC.

You see all dumped at the same time starting in August 2014. All these assets are correlated at this time.

Kiss

2015 tells a different story. Orange line is XAUUSD
https://www.tradingview.com/x/e31MoqlO/