as i said before, i'm slightly more agnostic towards gold denominated in non USD. you being in the euro means gold could make sense altho i would still be worried.
Really? As though the dollar is in a bubble by itself? As if we haven't seen how currencies are dumped in favor of the real thing when the link is severed (CHF 2011, USD 1971, etc.)?
You'd be correct under normal circumstances, trading in a legitimate market environment geared toward price discovery instead of perception management. This is a non-linear aspect.
Exactly.
The most difficult hurdle to get over is one's own conditioning, belief, in the system.
The cold hard fact is this: JPM-GS, the Comex and the Fed function as one entity and they have
unlimited access to FRNs (which means they control the markets). The CFTC is a lap dog. Congress is a purchased hood ornament and Obama is a dupe.
The Fed has, effectively, been the
central bank of the world. They want that sweet deal cemented. It is the lynchpin of control.
Silver is the achilles heel.
Pay close attention to "central bank of the
world" above. Also the point about silver, which applies even more to gold. The precious metals reasserting their monetary role through distributed public ownership is the real threat, yet impossible to stop - it can only be delayed to a degree that prevents catastrophic failure of the global economy.
Bitcoin is in the same situation, albeit garnering a marginal awareness. That factor is critical and will take much longer than the return to gold as money (I didn't say a
fixed gold standard). Regardless, what's good for Bitcoin is good for gold (and silver, precious metals in general).
MatthewLaMe: no dipshit.
Really?