OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Waiting for a Silver Train

Posted by Maya @ 2:02 on July 8, 2019  

rrflasher-copy

Moonlight, milky way, and lonely
desert semaphores waiting for
the Southwest Chief in a few hours.
https://railpictures.net/photo/702372/

 

Captain Hook @ 16:25 – No, it’s not all over for Bitcoin

Posted by Maya @ 1:55 on July 8, 2019  

Bitcoin is a decentralized CASH market that is not influenced by derivative ‘side bets’ on the action… unlike Gold where the two are comingled and derivatives are used to suppress the price of gold.

All bitcoin transactions are cash.  The real fools here are the derivative ‘market makers’.  They will FOLLOW the cash worldwide price, but not influence it.  One cannot naked short bitcoin.  If you wish to sell bitcoins, you must be holding the amount you wish to sell.   The derivative holders are in serious danger of having their a$$ handed to them when bitcoin makes a sudden, large move with cash demand.

It really is an ‘honest’ market in that cash respect, and a good sentiment indicator of what a free gold market would look like.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.