Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
iamnotback
on 25/12/2016, 18:04:57 UTC
Let's not even get into the Bitcoin and metals stuff...

This bear trap is why gold and crypto-currencies have not likely seen their lows yet and I am still expecting a selloff in gold to $850 or below and Bitcoin to below $150.

You are doing a good "pull the wool over the eyes" of deflecting everyone's attention away for your absolute stupidity to sell BTC recently in the $600s and buy silver at inflated prices that have now crashed, even I was imploring you to not do so and you were so boastfully being the condescending r0ach that you are.

The prediction in gold is coming true. The $150 in Bitcoin did happen. And that has already been explained numerous times, yet you refuse to acknowledge it. It was a theory that BTC might track gold down, and I did state that it was theory of correlation that might not be true.

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I have also stated that I thought that when gold crashes below $1000 (and likely below $850) this year, then Bitcoin would also likely get caught up in the contagion and sell off to below $150 perhaps back to double-digits.

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It is not certain that gold will elect the March 13/14 turning point to begin its collapse to the final bottom of the correction that began 2011. And it is not certain that crypto-currencies will follow.

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