Saturday, April 13, 2013

Gold, Silver, Bitcoins: Down the Drain | Stock Picks and Discussion ...

I am merely a steward of information, a middle man of sorts, protector of the truth through transparency.

Gold, silver and bitcoins are all undergoing ?generational tops,? meaning they will never reach new highs during this era. If you are waiting for gold to eclipse $2,000 or silver $45, you will be waiting until the year 2035, if not longer.

Again, this isn?t my opinion, per se, but facts on the ground.

silver

Precious metals should be avoided, like hookers in the south of bronx. Miners should be sold short, but not on gap down days. Sell the rips short and avoid the temptation of buying any dips?due to the severity of the erosion in the space.

As for bitcoins: they?re now trading $65-75, which is still $65-75 too expensive.

Posted by The Fly on Friday, April 12, 2013 at 9:01 am?
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Source: http://ibankcoin.com/flyblog/2013/04/12/gold-silver-bitcoins-down-the-drain/

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