Gold almost clocks $5600

Boy was I wrong. I thought it would retrace and regroup after hitting 5k. DLS said it would be a blow off top but this is amazing. I know that US retail has been buying and central banks. Anyone else? If it’s a blow off top it’s supposed to come down on the other side….but when is that?

BTC range bound. Pattern still seems to be long term holders selling, MSTR buying and traders swinging.

AUD at USD 0.7045 – my impression is that it’ll probably go higher as RBA jacks up interest rates to counter inflation and fed holds due to weakening US consumer.

I was disappointed nobody commented on the links I shared last time so no links this time!

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A Fly In Your Ointment

You’ve come to the wrong place mate for nice topics like this, if you wanted comments on the original post.
Sling some fecal mater in the direction of “you know the list” and see the explosion.

Knowing exact reason why the USD (was?) dipped will probably make predictions easier.
I reckon USD will be disposed in foreseeable future as they decide to shift to a chosen crypto to tectonically slomo default on all the debt they have (by running double currencies).

https://m.youtube.com/watch?v=vjD3EVC1-zU

OzCuck

The original fiat will be the dominant fiat. It’s backed by the biggest military ever.

Russia and China will have to trade with metals there’s no way they’ll trust each other with each others currencies.

A Fly In Your Ointment

Crypto will be the new fiat. Can print them as many as you like, farken Zeros and Ones are abundant. Just not now, not until all the doofuses who bought them lose it all and shift to crypto. It’s a honey trap.
Trading metals always came with stability and earned prosperity.

A Fly In Your Ointment

Crypto will be the new fiat. Can print them as many as you like, farken Zeros and Ones are abundant. Just not now, not until all the doofuses who bought USD lose it all as everyone shift to crypto. It’s a honey trap.Trading metals always came with stability and earned prosperity.

A Fly In Your Ointment

https://www.news.com.au/finance/its-all-gone-man-devastated-as-1bn-superannuation-collapse-wipes-out-savings/news-story/904d8c2f87d31393557671d184321a92

When Llewdo’s Super is wiped out there will be no Lambos to recover. For Lambos one had to have created some real surplus wealth at some stage.

I’ve long time lost faith in super despite it making on average about 8-10%/yr for me. The chances some global event can wipe it out like it did in 2007 are quite high and then there are frauds. It’s just too much of the faith in places which are driven by a different set of values.
Im delving into going SMSF to invest into commercial property which I can lease back legally, thus my commercial rent money goes straight into super and not to some wanker astute investor or a pure fraud like Llewdo. It is probably the most tax beneficial financial vehicle for anyone needing commercial space. I got the idea from a surgeon who parks additional $60k into super every year through rent, on top of the concessional $30k. Good for up to $3mil and even division 296 tax does not spoil it by much.
Finance is harder to get but at 50% deposit it may be easier.
On average, a $1.5mil commercial property rents at about $50k-$70k pa net.

OzCuck

So are wogs gonna take control of their own central banks or what..

What about the Macedonians or the Maltese. They’re all wogs and have some sort of historical context and identity.

I could do with a donor kebab.

A Fly In Your Ointment

😂

LSWCHP

It’s been quite a while since the AUD had a seven handle.

OzCuck

Only took 5-6 years for people to wake up to the crypto fraud. Le pumpy le dumpy.

Miners might be the next to go I got a few dollars in SVL ASX but its been held up by mass immigration voootin nimbys and the approval will or wont happen until later this year I think.

Gold miner etf looking appealing as something safer.

OzCuck

I hope your crypto affords you many more little mousey Christian offspring. But you have to admit you’re not equipped for this war. You’re gay.

A Fly In Your Ointment

Imagination…. you have it…. just use it

robert2013

How things change. Less that 24h later:

  • BTC is at US$82,000 and falling
  • Gold down to US$5100
  • AUD down a bit too

Things l listened to a couple of weeks ago suggested some kind of correction was immanent, but expectation was that it would be temporary. Let’s see.

OzCuck

Much needed correction.

Wasps and jews got yo ass. The rest of you are just visiting.

https://www.youtube.com/watch?v=LbbxQqKXUIk

How true is that now I wonder. Ownership percentages.

A Fly In Your Ointment

@ Roberto

Boy was I wrong. I thought it would retrace and regroup after hitting 5k. DLS said it would be a blow off top but this is amazing.

Gold moved again.
Would one have scored if one followed his brainfart estimation?

robert2013

If I’d bought in at 5k, I don’t think I’d have sold at $5600. I’m not familiar with this sort of market action. I’m waiting to see if it retests 5k.

A Fly In Your Ointment

If I’d bought in at 5k, I don’t think I’d have sold at $5600.

Age old trap. How does one cash out when “it can make much more money”.

Everyone sane (I read) reckons gold will double in USD by the end of Trumpstein regime. Bc USD will be worthless. Trumpstein just exposed the emperor as naked, it was baked in long before him.

It looks like you still pay subscription to EmBee.
Have you made at least $1 more than what the annual EmBee subscription is – by following Llewdo’s advice, ever?

robert2013

I didn’t buy a house in perth in 2013-2020. Good advice from MB, saved me ~$100k. I haven’t had a sub since this site came along though. Today I only read the freebies. Thinking about rejoining. They still do useful work IMO.

A Fly In Your Ointment

Yeah.. broken clock.
Good thing it worked out for you.
At least someone did not miss out on everything on Lewdo and Bleato advice

stagmal

silver got annihilated on friday. starting to feel like things are really getting scary. so much money has been pumped into this ai shit and i still dont know what’s to show for it.

robert2013

The coding abilities are getting good. Single developers now doing the work of several. Lots of developers being laid off in the US. Worth exploring for yourself. Try coming up with a few ideas for apps you’d like and ask an AI to develop it…eg claude cowork. Open source alternatives available. Are you still unemployed?

stagmal

Check out Ed Zitron imo the best critic of AI around today

https://youtu.be/gJ8pa9NiWm4?si=DI6g029P8svC0zSS

A Fly In Your Ointment

Oh, noice, you’re back!

When did you get out of gaol?
😉

A Fly In Your Ointment

Check out Ed Zitron imo the best critic of AI around today

https://youtu.be/gJ8pa9NiWm4?si=DI6g029P8svC0zSS

Check this:
https://thomasrigby.com/posts/edit-your-youtube-links-before-sharing/

stagmal

Works for me get off ya fone Xoomer

A Fly In Your Ointment

Man, the world has change since you went to gaol.
But if it works for you, happy for you, won’t try to help next time

robert2013

BTC down below $80k. How far to fall?

Based on nothing rigourous, I reckon it’ll get below $60k this cycle.

I’d like to hear your views.

stagmal

Yeah I wouldn’t touch it until mid this year when the next cycle is probably going to start

OzCuck

Feels like it’s all over. People been looking for a ponzi to counter the boomer ponzi but you can’t beat houses as the obvious choice and banks aren’t gonna lend to the average schmuck for silver or bitcoin and there’s too much competition to be the latest meme investment, whether it be a crypto or a normal stock there’s too many to choose from so at best you’ll get quick pumps and dumps like with doge and hawk tuah.

Stewie

I’m looking for a continued gradual bear market – I see it struggling to retake 85k let alone 90k, and that it will probably pop above 80k but really battle it out in this range. The only exception will be Treasury Companies starting to go bust and disgorge their holdings, then it could become disorderly.

Stewie

Probably around 60k, which is where the 200mw average is. After that it will probably oscillate around there for a while, maybe even down to 40k before Strategy starts to either voluntarily or forcefully disgorge its holdings – after that who knows,10-15k?

Stewie

I have BTC sitting exactly on its 50% Fib retracement from the October before last – if there is any further support before the 200dwma then this would be it.

stagmal

reckon it’s totally done this time? or is this just another leg down before the next cycle starts? really feels like this is the final curtain call for all shitcoin.

Stewie

Now sitting at the 61% Fib. This last fall surprised me, I thought there would be a small bounce or pause for a couple days at the 50%, and it has cost me… but not as much as if I had an actual physical position that I was trying to trade.

reckon it’s totally done this time? or is this just another leg down before the next cycle starts? really feels like this is the final curtain call for all shitcoin.

I don’t know – it may bounce from here back up to 50%, but after that its long term direction imho is only going to go one way….. Saylor’s Strategy has yet to start puking BTC – who knows maybe Peachy’s faith in him was well placed and he’ll ride it out.

One thing is for certain, Saylor won’t be buying anymore at these prices, so the underlying support BTC has had for the past 2yrs as Strategy has spent 25bn or whatever it was buying BTC is now over.

If Strategy can hold out, then it eventually bottom at 35-40k, but I don’t think it is unreasonable to expect to see BTC back at $10-15k or even lower if Strategy starts puking.

IMHO the whole crypto currency boom is now over – those that survive will have to actually do something other than serve as a source of speculation. Without the speculation and hype encouraged by BTC, those that survive will be a lot less spectacular or volatile – gains will only come to them through hard work and use case adoption (which I use to speak about regularly).

The other issue is once BTC, the source of speculation dies, so too will a myriad of crypto exchanges – it will become harder to actually acquire any. There will be chain deaths everywhere, so the speculation component of any price discovery will get even tighter.

Last edited 2 days ago by Stewie
Stewie

Look at the price and volume change as it dropped below 65k (which coincidently lines up with the Fib line I drew a couple days ago) – that line on the 15min chart… this level could be one to watch for short term support

Capture-Copy-24
Last edited 2 days ago by Stewie
Stewie

Wow – smacked to $60k much faster than I expected, and pretty much bounced off the 200wma.

robert2013

This preciptous fall gives me some renewed faith that the cycle still exists, if only as a shadow or echo.

Stewie

Yes – I have put on bets of No from below 4450, meaning that I’m betting that it won’t go below that number for Feb.

A Fly In Your Ointment

Dan Andrews suffers shock medical episode leaving the former Victorian premier with speech and movement issues amid a lengthy rehabilitation

Close but no cigar (yet?)

Coikd it be that the most representative tzar in Aus took the clot shot during the heights of his tzaring days… fingers crossed.

OzCuck

Maybe the ching chongs poked him with something for being such a gushing faggot simp.

A Fly In Your Ointment

I was hopeful he was “stroked” rather than “poked”, id uo8 catch my drift.
Where there’s one stroke, another one is not too far.
Fingers crossed.

Not shytting you, i helped a 2x stroked guy get in the car today. Quite a pleasant chap, a convinct. Guess what: not jabbed. He also had heart stems and a plethora of other serious surgical shyte done. He recons Mary and Jane keep him alive. Insisted he give me some of his home grown M’n’J “for research purposes”. Don’t remember meeting such a good soul. There are a few black sheep among convicts.

OzCuck

Bad diet and 0 exercise probs. Marijuana actually lessens the desire to eat imo. Skinny fuckers. Heard it from a friend.

He should have gone on boomer drugs I haven’t heard of anyone having a stroke for ages even though they still load up on the Coles schnittys.

A Fly In Your Ointment

Munchies.
Most known side effect.
Nrxt time try some vainila biscuits with some chocolate spread like Nutella or similar Italian. Same as you, i heard so.

MnJ is a boomer drug, same as LSD in your car diff and under the tongue. Prodiced the best music in 70s.

OzCuck

Boomers made the best music because they didnt have computers or little tvs in their room. So all they had to do was learn scales and become proper musicians.

Younger gen x took tons of drugs and was pretty meh musically. Millenials were awful and basically killed rock music altogether.

Which is probably a good thing overall because it does glorify degenerate behaviour.

OzCuck

My friend rarely had the munchies, I guess it depends on the strain. Did cop a lot of shit from the middle aged check out chick when we went and raided the local Coles though with red eyes. Absolutely went off on us. Except for me. She probably became a propadee investor after that. Extremely important job. She probably knows how to boil potatoes.

LSWCHP

I’ve been in Japan since the weekend, and today I saw my first muslim. It’s been awesome. Also, no blacks or arabs or indians or middle-easterners here. What a great country.

LSWCHP

I take that back. It was a woman in what I thought was a hijab, but one of my mates who has been here before just told me “No…they’re not muslim, they work near the door and some of them just wear a scarf like a normal person would to keep their head warm”.

So the muslim and blackfella count in Japan is still zero.

A Fly In Your Ointment

So the muslim and blackfella count in Japan is still zero.

Have you yet counted how many slopes are there?

Stewie

Way back in 2021 (wow has this site now been up for that long!) I published an article called ‘BTC is the Establishment‘ where I made various claims about the ownership of the developers around BTC and companies like Blockstream.

Naturally I coped a lot of flack from this, mainly from a tag team of true believers, however following the recent release of more of the Epstein papers many of my claims appear to have bee vindicated.

The Epstein files reveal that Israel hijacked control of the Bitcoin network over a decade ago.

Israel was paying the salaries of 60% of Bitcoin’s core developers and offered highly elusive gifts behind the scenes. This is very suspicious.

Epstein and Israel were also major investors in Blockstream, a company that works with Tether and exerts significant influence over Bitcoin. They can manipulate the price by issuing unbacked Tether, control the network’s code because they hired most of the developers, and own a majority of the nodes.

This suggests Israel likely has direct access to and influence over Bitcoin. The idea of “decentralization” is clearly illusory, and it is deeply concerning that the network could be manipulated by a single state operating behind the scenes.

https://x.com/JacobKinge/status/2018438664909668718/photo/1

To quote a Rabbi “Finance is like an eternal spring, constantly bringing forth new streams* of income.

*New means of fleecing people

Capture-Copy-23
Last edited 4 days ago by Stewie
robert2013

The code has always been open source. If anything nefarious was done, it can be found. The days of unbacked tether are long gone. It’s very likely that there isn’t enough decentralisation, but that’s more to do with the cost of mining and running full nodes. Since 2017 I have been predicting that BTC is destined to enter central bank reserves. They will probably end up taking over the running of the network too.

OzCuck

Christianity and religion in general is a form of absolutism which is why it will never take off again.

It is a form of soft rapists.

OzCuck
Stewie

Christianity was the driving force behind Western civilization, and Western civilization is the only thing stopping the world returning to barbarism – once it is gone the world as we know it will too.

A Fly In Your Ointment

And the sun revolves around the flat earth.

The level of the plundered loot have little to show for western civilisation. There is no Christianity in western civilisation except that which is only professed.

Here is the image of the pinnacle of Western civilisations. History will decide if it was barbarian (it already has), not some unimaginative small mind who’s pinnacle is a few idiot admirers on an obscure blog

comment image

1000001895
A Fly In Your Ointment

Noice, I can insert image links.
comment image

Stewie

Why are you posting pictures of yourself?

A Fly In Your Ointment

Your stated sequence of events is incorrect, it is inverted.

3rd worlders are here/there because the western culture became a spit image of Sodom and Gomorrah. Will the punishment be the same, we are yet to see.
For one, 3rd wolrders did not bring wokeness and leftard shyte, one of the most important symbols of the decay of westies.

LSWCHP

He seemed kinda arrogant to me, and also blinded by TDS.

On the other hand, being retired is fucking great, so if he can manage it at 50 then good on him.

A Fly In Your Ointment

An opened bottle of coke, 2 days after the party finished.
Bland flavour and sugar, but no fizzle. Aka CB.
A veriant of “Llewdo” with less frothing at the mouth and permanently offended face expression.
Retired is not necessarily a pension and a laid back life.

Lavrentiy Beria

Ability Rizvi is going back.

Lavrentiy Beria

*Abul Rizvi.

LSWCHP

“Ability” sounds luke one of those Amish names, like Faith and Charity.

It would certainly be a misnomer for Mr Ruzvi though.

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