M
General Anyone follow cryptocurrencies (bit coin, ethereum, etc.) ?
- Thread starter Splinty
- Start date
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
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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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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.
How happening is this going to be in a couple of weeks?
b.tc
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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
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
You think the Feds will invest in a currency that drops to zero?
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.
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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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
I do appreciate someone who can flip and spoof the book.
View: https://vimeo.com/193190349
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Fucking hilarious
Promise?
You said end if this week.... I fomo'd