Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 17/09/2024, 00:45:55 UTC


big fucking snip

Gold (up 25% since March) is telling the true Fedflation story that is coming, but no one is paying attention...
Gold is regarded by the markets as an inflation and economic change barometer, hence the price increases are a harbinger of shift in the monetary policy. A price increase of gold by a quarter since march could be an indication of the signals of price inflation or other issues affecting the general market. While many people may not pay attention to these movements, it is also important to ponder how shifts in the gold market can be beneficial or detrimental or can mirror general economic trends like the Federal Reserve policy.

Yeah, but how does any of that relate to bitcoin?  have you heard of the topic of this thread, aka bitcoin?
[/quote]

He forgot silver is up March 24 is was 24 dollars

Sept 16 it is 30.69

that is =25%


Now if you look some more platinum is up 876 march to  1002 that is 15%

pladillium 953 march to 1081 sept that is 13%

dow jones
 jan    37,905
march 38,700
sept    41,393


and btc
Jan     39,000
March 72,000
Sept   58,200


 Which means btc appears to not be tethered to metals or the dow.

and from jan 2024 to now  sept 2024 has done the best of those 5 things.

beating
Silver
Gold
Platinum
Pallidum
Dow Jones

Jan to sept = BTC

but not

March to sept  = gold+ Silver