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Seems like the usual, not sure they’ll let the SM fall today. USD seems stable, no massive short covering.
Course the pm’s doing the usual not hit too hard but SLV is a yo-yo. No traction. The frustrating part is days like yesterday when the USD was hammered and the metals go nowhere.
These are the days when waterfall decline attempts are made.
Bob Moriarty, founder of 321gold, has been adamant about Bitcoin and cryptocurrencies being the biggest bubble we’ve ever seen. He has been incredibly accurate in our recent conversations, calling Bitcoin a bubble that had burst in our last conversation on December 22nd, even offering a prescient quote “the bubble has popped but most people don’t know it yet.” He hasn’t become any more optimistic on cryptos in the last few weeks, in fact he sees a much deeper decline coming and this time Bob offers somewhat surprising advice to investors given his usual bullishness on precious metals.
View the Bitcoin price on a log chart from late 2010 to put this all in perspective. Viewed on such a log chart, $1,000,000 in 2020 is still a continuation of the general trend and the recent drop looks like a blip of static. In 2011 it took a 90% down leg over 6 months.
If the above is correct and I see no reason why not, even though it paints Vlad/Russia in a v positive light,then the real reason Mueller is trying to get Trump, is both to feed Hillary’s delusions and to have a war with Russia……if so we have lunatics in places of real authority…sleep well all……Not
Sorry to hear about your problems. I have always said that the exchanges were the weak point for Bitcoin. NEVER, EVER leave your money nor bitcoins in the exchange for any length of time. It just increases your exposure to fraud, theft, and loss. If you buy bitcoins, bring them home to your own wallet and then take that wallet offline!! I did some of my original purchases on Mt.Gox and then got my stuff out of the exchange. I narrowly missed the Mt.Gox fiasco by a few days when they went vapor.
I would not be buying Bitcoin now. It has gone into a serious Elliott Wave down, busting $11,000.
ANCASTER, Ontario and TORONTO, Jan. 15, 2018 (GLOBE NEWSWIRE) — Central Fund of Canada Limited (NYSE American:CEF) (TSX:CEF.A) (CEF.U) (“CFCL” or “Central Fund”) and Sprott Asset Management LP (“Sprott”), announced today that the previously announced plan of arrangement (the “Arrangement”) is expected to close and be effective on January 16, 2018, subject to the satisfaction of remaining customary conditions to closing.
With the closing of the Arrangement on January 16, 2018, trading of the units of the newly-established Sprott Physical Gold and Silver Trust is expected to commence on the NYSE Arca under the symbol “CEF” and on the Toronto Stock Exchange under the symbol “CEF.U” on such date. Trading of the Class A Shares of CFCL on the NYSE American and the Toronto Stock Exchange will be suspended at the opening of market on such date.
Coercion: Booker needs to take all his issues and violent outbursts to a psychiatrist. He’s badgering a witness and accusing people of racism if they don’t get threatened into false statements tell the truth. Maybe he should RE read the constitution if he ever read it because he’s trying to violate it. Coercion /koʊˈɜːrʃən/ is the practice of forcing another party to act in an involuntary manner by use of threats or force.
I don’t disagree that they use currencies as a ping pong ball, no doubt that in my opinion is the genius of the NWO plan – pegging bad fiat currencies against other bad fiat currencies. I’ve always thought that the first country to back their currency with something, anything wins the game.
We’ll see what happens, the people are duped by fiat, even to the point of buying Bitcoin?
Ironic Chelsea called anyone treasonous after her leaking classified information without making a point like Snowden did. Also she blames Trump for the spying on America which wasn’t his idea which is a bipartisan move no one is really paying attention to since oppression tends to sneak up on you and by people who don’t live by the same standards. For that matter I think they should take a bunch of these illegals and put them in their country clubs free of charge even give them jobs managing it. Also put them all in the schools they send their kids to making them the majority like they do to public schools and everywhere else they congregate. Replace all their aids with them but pay them the same and expect them to speak their language.