yep, some people do get it.

From Antal Fekete at 24hgold:


A while back (don't have time to dig up the posts at the moment), we had discussed the potential of China being a major participant in market shorting while simultaneously accumulating physical assets. This bleeds western financial institutions while simultaneously increasing eastern strength. Realization of this is arriving too late for most.

Yes, Bitcoin is on a meteoric rise relative to everything else; even with an instantaneous revaluation of the monetary precious metals, the cryptocurrency will outperform. This is not an issue of contention. However, Bitcoin still has at least a year or two before it is widespread enough to realistically be a direct competitor for contemporary currencies in the sense that it might be used for daily purchases and transactions.

In the meantime, load up on some SD

If you just short your silver you won't lose anything, other than dollars that you don't want.(at the risk of default of course)

I think the implication is that if they short sell it to someone in the West while still holding the physical they can quite easily steal it as soon as the markets start to get volatile.  "Sorry,we are bankrupt".... what are you going to do, fly to China and kick some ass?

Besides, hardly anybody buying the options would expect China to deliver him physical silver, which China could still use for whatever purpose she likes, including minting coins as mentioned in the article, which could be used for the delivery itself should she be required to do so.

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +311%

Gold:  -1%

GPL:  -25% silverbox long

Diff:  +312% advantage Bitcoin and growing

It's a big Internet...and amusing that someone would home in to a particular thread of a particular board of a particular forum of a particular domain to complain about the OP title.  But I always appreciate being amused.  So, thx

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Separately, I wish to god that you were not so mute on the ASIC stuff as one of the few people who would probably have something to say which is worth focusing on relative to the topic.  OTOH, I'm finally past my interest in the topic for now I think.

1. I am very happy that someone got amused. My "complaints" are very much tongue in cheek as usual and so amusement is the best I could hope for. LOL

2. I have not much to say about ASIC's because I am not in ASIC game for a while now. Back in May/June I have decided that I will let other ASIC players to play this dog eat dog game without me and I would better hold on to BTC.

Considering that those ASIC players had to invest their money back then when BTC fetched about 5$ they now need to at least quadruple their money just to catch up on to their cost of lost opportunity. Good luck with that.

LOL