Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 28/06/2012, 03:26:50 UTC
there you go again.  "the price is not real."  then what is real?  what's the true price right now?

i keep offering you 22 oz at a bargain price of $2800 each which is a bargain if you truly believe they are going to $35,000 each.  why won't you take me up on them?  take out a loan.

How's this: 1 troy ounce of gold is worth 1 troy ounce of gold. Value needs to be measured in a consistent medium. The USD is not remotely consistent. Transparency is critical as well, and gold is far more transparent than paper, except when obscured by that paper.

Gold is only volatile in terms of fiat. It is stable within a consistent range relative to real assets. The problem is in the financial system, not gold and real assets.

If I were to take a loan, I would buy at the best bargain I could obtain. You aren't offering that.

i'm not offering a bargain price?  why not?  i thought you said gold was going to the moon or a fully fiat valued $35,000?  $2800 is clearly a bargain given that metric.  or perhaps you really don't believe what you're saying do you?

if not $2800, then what IS a bargain price?  might it be......wait for it........$1575?  will you buy from me at that price?  but, but that's the PAPER price!  i'll be damned.  that's what i can buy it for down at the local coin shop.  i'll bet you won't even buy from me at that price.

and if you think that's a bargain price then why wouldn't every other rational actor in the market place agree with you?  or perhaps they do?  but then that's a problem too b/c then what does that do to your theory?

answer:  the theory is BS.