Quote from: KonstantinosM on August 19, 2018, 04:13:46 PM

Bitcoin is truly deflationary. People that go all in on gold and avoid bitcoin are short-sighted.

They should rename this thread to Indiana r0ach and the temple of noobs. There's 1/3rd the amount of above ground, investment grade silver today than in 1980 back when silver hit all time highs. ONE THIRD. If that's not "deflationary", I don't know what is. However, there's twice as much gold now as back then. Then you have other circumstances like silver being the most artificially suppressed asset on the planet, as evidenced by open interest in the COT reports, with gold being nowhere near artificially suppressed (platinum is #2 with gold being way down the line).

It's not even required for someone to pump silver. All it takes is for the current price rigging scheme to fail and the price goes to outter space. Rothschild said just the other day the current post-war Bretton woods is now failing....which is just a synonym for the metals price rigging scheme to support the dollar. So yea, metals are a complete asymmetric trade right now while shitcoins are not. Even within the govt's rigged system, there was an over 90% correlation between metals and US debt, and they just recently artificially broke even that correlation to try and support NIRP/ZIRP.

Gold should be around $2500 an ounce even within their rigged and suppressed system. Silver would shoot up to around $75 when that correlation eventually corrects. All they're really doing right now is attempting to rig the system right up until the very day a new Bretton Woods occurs, so probably don't expect metals to make their move until you see some economic catastrophe in the headlines forcing them into a new Bretton Woods deal. When that deal occurs, gold will not be $2500 and silver will not be $75. It will be more like ten thousand dollar gold and several hundreds of dollars an ounce silver and everyone who is not holding those two assets at the time gets a massive haircut.