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49 minutes ago, sock muppet said:

 

They are descended from Egyptian breed can't remember the names off hand i'll try and dig it out, there's only one island that they live on i think.

Yes let me know please i know thry are sight hounds and prob came drom egypt.

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I just received a email from Bittrex basically saying that Canadians making exchanges on the platform are now restricted in what their are able to do...another one. It is already kind of a pain in the ass just to put money into this market and they seem to ask many exchange platform to stop allowing Canadians to be able to fully use their platform or to use it at all for some other.

 

1129991065_Bitrexontheeliteside.png.db25305b0bd446857dc19d0b7f739333.png

Edited by Pierre-Luc
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8 hours ago, DaleP said:

If you are into stonks and indices.... food price is going up..... while there is a bear market.... jus saying. Probablly can do 3x. 😁😟

What are you buying Dale? Food commodities?

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On 5/21/2022 at 5:19 PM, Edgewood said:

It's not a 'gold bug sell'....it's something which has really been decided on by the global gold regulatory markets.

 

It is a real phenomenon which will in the long run, ensure that gold can no longer be financially manipulated by fiat backed paper positions.

 

If you wait until 1500 US you will simply never own any gold.....and who knows... it might be useful...or it might not..... 

 

I think it probably will...but each to their own.

 

Yeah generally I agree with what will happen to gold. I guess where we differ is I believe there will be a dip first. Only time will tell. :)

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8 minutes ago, Mr H said:

Yeah generally I agree with what will happen to gold. I guess where we differ is I believe there will be a dip first. Only time will tell. :)

 

You could be right.....I'd love it if you were but knowing my luck I'd probably be short of cash if and when it happens....

 

The last time the gold price collapsed was because of massive market manipulations, the massive shorting of gold by suspected Rothschild bankers, in theory however due to Basel III this should not be possible.....but who knows.....

 

The thing is, I bet even if gold were to drop to your stated figure.... I suspect you would have a hard time certainly finding coins......and would probably have to buy bars which are not quite as much fun and don't sell much over spot...... I have spoken to several gold dealers and even at the high prices for gold they are having trouble finding coins......people and institutions I believe are now sitting on their gold.....because they see the value of cash savings being destroyed through inflation.

Edited by Edgewood
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5 minutes ago, Edgewood said:

 

You could be right.....I'd love it if you were but knowing my luck I'd probably be short of cash if and when it happens....

 

The last time the gold price collapsed was because of massive market manipulations, the massive shorting of gold by suspected Rothschild bankers, in theory however due to Basel III this should not be possible.....but who knows.....

 

The thing is, I bet even if gold were to drop to your stated figure.... I suspect you would have a hard time certainly finding coins......and would probably have to buy bars which are not quite as much fun and don't sell much over spot...... I have spoken to several gold dealers and even at the high prices for gold they are having trouble finding coins......people and institutions I believe are now sitting on their gold.....because they see the value of cash savings being destroyed through inflation.

Thanks that's interesting information. 

 

I do think we see pan sell off of all assets when the economy worsens. With metals being least effected, but still going down temporarily, before they go way up. 1500 was my absolute bottom of the range target for me. Late 1600s more likely if my thesis comes true. 

 

Will have to do some more shifts at Mcdonalds to get some dry powder ready! :)

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9 minutes ago, Edgewood said:

 

You could be right.....I'd love it if you were but knowing my luck I'd probably be short of cash if and when it happens....

 

The last time the gold price collapsed was because of massive market manipulations, the massive shorting of gold by suspected Rothschild bankers, in theory however due to Basel III this should not be possible.....but who knows.....

 

The thing is, I bet even if gold were to drop to your stated figure.... I suspect you would have a hard time certainly finding coins......and would probably have to buy bars which are not quite as much fun and don't sell much over spot...... I have spoken to several gold dealers and even at the high prices for gold they are having trouble finding coins......people and institutions I believe are now sitting on their gold.....because they see the value of cash savings being destroyed through inflation.

Incidentally what gold coins do you buy?

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3 hours ago, Mr H said:

Incidentally what gold coins do you buy?

 

I had generally been into collecting rare and unusual coins from around the world.....

 

I don't buy anymore because for me the present prices are a bit high.....it's hard to spend 400 pounds on a sovereign when you used to buy them for 250.

 

But the last coins I bought were these:

 

https://www.sovr.co.uk/products/elizabeth-ii-2004-2007-gold-proof-1-bridges-set-ei14086

 

A gold proof collection of 1 coins, limited to 300. 

 

Gold seems to be dropping a bit now......

 

If I was going to buy now I'd try to hoover up any gold sovereigns there are floating about....probably the best gold coin there is...for size, re-saleability, quality and general aesthetic quality.

 

Though this is probably the most beautiful coin I own:

 

https://en.numista.com/catalogue/pieces119026.html

 

As you can see it is 95/100 on the rarity index....but I picked it up when gold was doing 1200 an ounce and a lot of people were selling off about 10 years ago... now people are sitting on their gold....maybe waiting for the next big rise before they sell.

Edited by Edgewood
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1 minute ago, Edgewood said:

 

I had generally been into collecting rare and unusual coins from around the world.....

 

I don't buy anymore because for me the present prices are a bit high.....it's hard to spend 400 pounds on a sovereign when you used to buy them for 250.

 

But the last coins I bought were these:

 

https://www.sovr.co.uk/products/elizabeth-ii-2004-2007-gold-proof-1-bridges-set-ei14086

 

A gold proof collection of 1 coins, limited to 300. 

 

Gold seems to be dropping a bit now......

 

If I was going to buy now I'd try to hoover up any gold sovereigns there are floating about....probably the best gold coin there is...for size, re-saleability, quality and general aesthetic quality.

Though this is probably the most beautiful coin I own:

 

https://en.numista.com/catalogue/pieces119026.html

Wow love the coin! And thanks for all the useful information.

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4 hours ago, Mr H said:

What are you buying Dale? Food commodities?

Well actually, just like in survival situation if you buy a pack of lighters from Poundshop, you could do 10x in the future. As for foods, flour, rice pasta (3x ?) etc...

I could but I'm not going to go into a business of selling products on. It would be good if you already have a warehouse and have a shop  etc.

 

Aside from real commodities, is there a flour index? Look at the chart, zoom out covering past 20 years.

There will be bubble and it will burst as well. Somebody is making money at the back of this shortages.

How about stonks of utility companies? Electricity?

The thing about stonks is that you have to buy the whole, not fraction but I saw there is one site that has started to sell fraction of a stock. But I guess you are basically buying ETF and not the real stock?

 

 

 

 

 

Edited by DaleP
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I'm liking the look of Eth here for a retrace to the .5 fib level (it often does), from here that's 37%.

 

Price double bottoming at historic support with daily bullish divergence on a couple of oscillators  ...

 

perhaps some kind of stop hunting wick to take out those lows first before running higher

 

336002579_eth29-5-22.png.62741db384fd9b9251bd3f5ad8ad9496.png

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  • 2 weeks later...

I ended up getting in on a Link trade instead based on the Link/usd and Link/Eth charts, and am glad i did as Eth continues sideways while i'm up over 25% on Link.

 

I still think Eth will retrace and may end up swapping my Link for Eth once i've reached my targets. Matic and Algo also on my watchlist.

 

 

 

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30 minutes ago, spideysensei said:

 

Depth aint my thing with crypto man, i got too much else on, so i just look at what i know.

Feel free to offer a tip :P

 

Nothing entertaining. I'd wait BTC to go to under 20K?

As I see, someone from Thailand...doing some crazy 24 hr manipulation. The chart looks like the head of Bart Simpson. lol

 

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14 minutes ago, spideysensei said:

 

Evidently the most prudent option.

 

"He's buying the dead cat? Dump eet!"

 

There is definitely manipulation going on. Another 3K.....oh so close.

 

I know why you bought LINK now. 😋

So there is going to be staking and they released a roadmap.

 

See this? You don't have to watch the video but I know why.

 

The current war is going to move to the Middle East, possibly nuclear.

There was a tip off that the gold price would move around 20th April and it did. This guy is in the know and hitting point after point.

The Arabs are therefore using gold to exit the country.

But I guess they could dump their own children to save their own skin.....

 

The bubble will start this autumn before the domino collapse in spring 2024 but harvest everything by autumn 2023. 😉

 

 

Edited by DaleP
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ETH to $500? 🤩

 

There is a rumour that someone has placed $284M somethin' somethin' at MarkerDAO and it will be liquidated if BTC reached 22.5K....which it did now....

Oh dear....more avalanche?

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A lot of pension funds put their money in Bitcoin  when it hadn't yet found it's bottom.....

 

Expect a lot of pension funds black-holes and even worse impending financial disasters on the back of the final bursting of he Bitcoin bubble.....

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  • 2 weeks later...

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