this is why banks so strongly resist taking the writedowns as it would wipe them out. this is why they are letting delinquent homeowners live rent/mortgage free for years on end.  this is what is happening to Greece and the Northern European banks; the ECB keeps extending loan packages to enable the Greeks to repay their loans to these banks.  it isn't sustainable as you can't solve a debt problem with more debt.

this is a forum for christs sake.  ppl post their opinions on where they think this or that investment is gonna go all the time with collapse or rocket descriptions.  who do you think you are coming in here and laying down "ground rules" for everyone's opinions as to what they think is gonna happen with this or that?  i don't see you asking for "evidence" as to exactly when other ppl stake their positions.  what's wrong with you?  is it perhaps that you're suffering from the permabull gold/silver religion that has afflicted so many?  are you afraid that they are reallly going to collapse?  i truly do see this as a possibility and you should respect my opinion just as i respect yours even though we disagree.  give me a 6 mo projection as to where gold and silver are going.

you asked me for transparency and i provided it in the form of a screenshot that i've posted on my GG position for all to see.  you know its valid as i announced it publicly here on this thread in Sept and in my updates to my subs.  you even questioned me about it at the time.  there is a date of 9/28/12 when i staked the position and you whooped it up assuming i established it before it went over $46.  so why do you have the audacity to claim i did a mockup based on exactly zero evidence?  so Mr. Transparency, where is your screenshot of GPL?  is it that the losses are way greater than 17%?

as you can see i'm a patient man with my investments and do not let emotions get involved in my trading.  many of my short positions on stocks, like Apple, were established initially back in the Spring.  waiting has been profitable.  you're clearly an impatient individual.  tops and bottoms are processes and the whole point of technical analysis is to call things before they happen to allow time for investors to prepare.  the analogy would be if you worked in the Twin Towers.  would you want to be warned a few days before or after the planes hit the buildings?  

here's where i got short initially.  yes, rode the thing down and then up.  hedging along the way has protected part of the profits.  hit some major homeruns along the way with PCLN, CMG, BBBY, WU, and now Apple.  i don't consider that a failure at all.  in fact, i'm having a great year by my measures.  a collapse is a collapse whether it slow or fast.  i'll take my shorts down if i'm proven wrong but not until then.

and yes, Bitcoin is destroying your precious gold and silver and GPL:

You don't state things as an opinion you state them as a fact.  Fact is we haven't had a collapse in gold/silver/DOW in the last 9 months.  Which 9 months ago I said we wouldn't, you said we would.  Who was right?

My projection for gold/silver over the next 6 months is that they will remain uncollapsed.  I think that it may downtrend slightly while the fiscal cliff is worked out and probably rise after that. 

I don't think you did a mockup, I said you were cherrypicking and a screenshot could be easily falsified, I don't think you modified it, I just think you cherry picked your best trade to make your point.  Why don't you list your worst trade over the same time period? 

So your techincal analysis led you to state that gold was about to collapse 9 months ago, yet its trading at exactly the same price it was 9 months ago, awesome call..  You put a short on that in your words was massive in GLD and covered at a loss, if your technical analysis was so accurate why in the world did you cover??  You should be riding it out, your a patient man right?

Uh I'm a BTC bull, I'm invested in BTC, when BTC goes up, I make money..  So BTC killing it, is great for me, not sure why you think it isn't??

Yes.

wouldn't bitcoin cause inflation?

how did you get so rich cypherdoc?

years of hard work and dedication have made me rich by some ppl's definition.  but perhaps not others.