In this report I cover the early market action from London on Thursday, December 7th, 2017. I also talk about bitcoin, gold and central banks.
In this report I cover the early market action from London on Thursday, December 7th, 2017. I also talk about bitcoin, gold and central banks.
PMs are soooooo outofwack, full on, a mirror of the valid crypto rise. the PM suppression is now becoming hilariooooous in full view. PMs will roar back once they are as free as cryptos and liberated! Long live liberty n truth
Contrarian, that's how I feel everyday. Except when in good company of folks like @maneco64.
Illegitimi non carborundum
Don't let the bastards wear you down.
We can't save them all.
Was there any class that did well in weimar? Or in places that experienced hyper inflation?
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Good commentary @maneco64 on the crypto / fiat space.
Totally agree about governments and other parties not being able to grasp control of cryptos - except by a concerted and joint effort to simply ban them and any ability to use them. This of course will simply drive them underground (like prohibition in the US).
I am clearly of the opinion that FOREX rates are rigged within certain bounds via government agreement (and the IMF). Would love to see what would happen to these (as with gold and silver) if there was a hands-off, let the market decide approach.
With respect to those cryptos designed to be a currency (as distinct from many others which are a method to provide a service) they are, in my opinion simply finding their level against fiat money, ie. the USD has just significantly depreciated against Bitcoin. Noting that Bitcoin has run ahead of itself in the last few days.
Keep up the good work!