General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?

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M

member 1013

Guest
Yeah I'm not saying its a dog.

I keep both but more more partial to silver.

We don't get huge tranche orders to execute Gold positions from
manufacturing companies like we do silver.

People don't realize much of the trading going on isnt being done buy banks

A large portion of our orders to execute a position come from manufacturers
like Toyota. ie "Hey sell our Yen position and buy silver at xyz price for the
month of abc"

We don't typically see those kind of orders for gold at the same frequency
Egypt is a myth bud!!!1
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,723
56,229
Yeah I'm not saying its a dog.

I keep both but more more partial to silver.

We don't get huge tranche orders to execute Gold positions from
manufacturing companies like we do silver.

People don't realize much of the trading going on isnt being done buy banks

A large portion of our orders to execute a position come from manufacturers
like Toyota. ie "Hey sell our Yen position and buy silver at xyz price for the
month of abc"

We don't typically see those kind of orders for gold at the same frequency
That definitely makes sense.
 
Nov 21, 2015
9,248
12,502
That definitely makes sense.
Yeah to be honest I'm not married to either of them

The second I start seeing more manufacturing orders for Gold
I'll hoard more of it in a second. lol

Its definitely something you are right to hold

Don't have my distribution charts in front of me but If memory serves
correct approximatley 7-10% Gold is used in technology manufacturing
and about 50% of silver is used in manufacturing.

I believe silver is 2nd only to oil in industrial use but gold is certainly growing
just as you say

If you do a search for "Distribution of gold demand worldwide by sector"
I'm sure you can find more accurate stats then my off the head guesses
 
M

member 1013

Guest
Yeah to be honest I'm not married to either of them

The second I start seeing more manufacturing orders for Gold
I'll hoard more of it in a second. lol

Its definitely something you are right to hold

Don't have my distribution charts in front of me but If memory serves
correct approximatley 7-10% Gold is used in technology manufacturing
and about 50% of silver is used in manufacturing.

I believe silver is 2nd only to oil in industrial use but gold is certainly growing
just as you say

If you do a search for "Distribution of gold demand worldwide by sector"
I'm sure you can find more accurate stats then my off the head guesses
Gibbme

money
 
Nov 21, 2015
9,248
12,502
Gibbme

money
haha


The day that society realizes that money is a worthless
illusion we all arbitrarily assign value to then systematically
waste our entire live toling away for, will be the happiest day
in my life.

In the event of a total system collapse people will find out
just how worthless money is.

I'll take farmland, chickens, and livestock any day of the year
over money.

Try feeding your family $100 bills when shit hits the fan.

I'm certainly not giving anyone my livestock and produce for
a feces covered piece of paper nor a hunk of shiny metal the day
it comes
 
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Sex Chicken

Exotic Dancer
Sep 8, 2015
25,818
59,384
Yeah I'm not saying its a dog.

I keep both but more more partial to silver.

We don't get huge tranche orders to execute Gold positions from
manufacturing companies like we do silver.

People don't realize much of the trading going on isnt being done by banks

A large portion of our orders to execute a position come from manufacturers
like Toyota. ie "Hey sell our Yen position and buy silver at xyz price for the
month of abc"

We don't typically see those kind of orders for gold at the same frequency
This.
 

Rambo John J

Baker Team
First 100
Jan 17, 2015
75,671
74,724
haha


The day that society realizes that money is a worthless
illusion we all arbitrarily assign value to then systematically
waste our entire live toling away for, will me the happiest day
in my life.

In the event of a total system collapse people will find out
just how worthless money is.

I'll take farmland, chickens, and livestock any day of the year
over money.

Try feeding your family $100 bills when shit hits the fan.

I'm certainly not giving anyone my livestock and produce for
a feces covered piece of paper nor a hunk of shiny metal the day
it comes
Yes
Although
I would trade the metal for a cow in that situation if the exchange is right...would not trade for feces paper, unless it was unused feces paper from one of the Great Goilet Paper Hoards of 2020.
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,723
56,229
How happening is this going to be in a couple of weeks?

 
Nov 21, 2015
9,248
12,502
Confirmation Bias I know but I wasn't looking for this vid directly

I'd bet the farm that Central Banks will not allow any currency digital
or otherwise, that they don't control to dominate financial transactions

With the FED's announcement they are moving into Digital currency
the writing on the wall looks ever more present.

Could be totally wrong though but his vid sums up my thinking


View: https://www.youtube.com/watch?v=iomRREashI0
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,723
56,229
Confirmation Bias I know but I wasn't looking for this vid directly

I'd bet the farm that Central Banks will not allow any currency digital
or otherwise, that they don't control to dominate financial transactions

With the FED's announcement they are moving into Digital currency
the writing on the wall looks ever more present
You think the Feds will invest in a currency that drops to zero?
 

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,723
56,229
No they will be trying to drop it to zero

Watch the vid

They are already moving into digital currency

Stable coins vs the BTCs etc
I've heard through investors that the intention is for the U.S. gov to buy a substantial amount of the BTC that exists and roll with that. It could be that we're witnessing a dump and pump.
 
Nov 21, 2015
9,248
12,502
I've heard through investors that the intention is for the U.S. gov to buy a substantial amount of the BTC that exists and roll with that. It could be that we're witnessing a dump and pump.

Very well could be

However they do it. The FED and banks will own the reserve currency.

Spoof prices down and accumulate to take it over is certainly
one of the tactics used industry wide.

My guess is that they will continue to sick the Alphabet boys on them
like the SEC attacked XRP.


Demonize it. Say its filled with criminals, terrorists etc and regulate
it out of existence... Then offer theirs as the replacement
 
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Nov 21, 2015
9,248
12,502
I've heard through investors that the intention is for the U.S. gov to buy a substantial amount of the BTC that exists and roll with that. It could be that we're witnessing a dump and pump.

If you're interested in how we move the market up and down without actually trading it.
The technique is called Spoofing. Made this silly video for one of my Bond Desk Teams back
in the day to remind them to not get cocky because they arent the only skilled traders out there

Spotted this guy spoofing the FESX during the London session.
He's good but I'd slice his ass up. I'm biased of course :p

I do appreciate someone who can flip and spoof the book.


View: https://vimeo.com/193190349
 
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