All posts made by iamnotback in Bitcointalk.org's Wall Observer thread



1. Post 16714420 (copy this link) (by iamnotback) (scraped on 2020-04-04_Sat_14.58h):

Quote from: r0ach on October 28, 2016, 07:50:00 PM
When Trump wins, in order to re-industrialize America he has to devalue the dollar.

Incorrect!

This destabilizes the status quo corruption and which will unleash the massive dollar short which Armstrong has documented (some $11 trillion) which will send massive capital flow into the dollar safe haven. I wrote more about that here:

https://steemit.com/money/@anonymint/speculation-rule-buy-when-others-are-irrationally-pessimistic-cautious

The dollar will rise along with Bitcoin. Eventually gold will flip and rise with the dollar, or wait until the dollar peaks sometime late 2017 to 2018 or so.

I would not be in gold and silver. Be in crypto and the dollar. Transition to precious metals later in 2017 or so when you will be able to buy it for relatively less than now.

Sorry r0ach if this heresy to your ears, but you will very likely be wrong about the timing on gold and the dollar. Sorry.



2. Post 16717498 (copy this link) (by iamnotback) (scraped on 2020-04-04_Sat_14.58h):

Quote from: iamnotback on October 29, 2016, 04:51:27 AM
The dollar has to be lower just in order to be realistic about its current worth.

Incorrect. The dollar will go to ATHs in 2017 or 2018, for the reason I told you (which comes from Armstrong).

It must go sky high to totally break the global economy into an abyss, which will then destroy the dollar and usher in the new global monetary reset with Asia leading the way coming out of their bottom 2020.

You've got to understand Armstrong's thesis about the $11 trillion dollar global short position and the international capital flows into the safe haven reserve currency as the crisis elevates into total chaos and war every where. Later the dollar will peak due to killing the global economy, and that is when you want to have gold.

For now, you want the dollar, US stocks, and Bitcoin. Later in 2017/18, you want to transition to gold.

It is still possible for gold to sell off to $850 as the dollar rally and US stock market rallies accelerate due to the rush to a safe haven. The world is not yet really to admit it is totally fucked and move to gold. That will come later. You will see a double in the US stock market over the next 2 years. Probably a triple or more in Bitcoin. Gold will go down.

The thread moderator ( @adamstgBit ) deleted a huge swath of discussion, some of which you can find else where.