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     6 years ago 

    I replied to you post, but I think it has to do with Bitcoin. It could be a focused effort to discredit crypto so people don't think that's a hedge when the world really goes nuts. It's really above my paygrade.

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       6 years ago 

      Just replied to your reply. We're playing comment tag on two different posts. Haven't done that in a loooooooooong time. Good times. Good times.

      Still seems upside down. Stock market goes down, commodities, metals, etc. tend to go up. Crypto should follow. Stock market goes up, then the rest generally should go down.

      I would guess that quantitative easing has something to do with it. I wonder how far they think they can go with it until the depression to end all depressions hits.

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         6 years ago 

        Yeah, it's been a while! Always fun talking with you.

        You would think that crypto would go up, but who knows, maybe there were some big players using the futures market to majorly short Bitcoin, thus driving the price down.

        I don't think QE pushed the price of Bitcoin down. If anything, it should push it up. What do I know though?!

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           6 years ago 

          It only makes sense when up is down and down is up. Suspend the laws of physics, and markets, and anything is possible! We'll just keep running up the tab forever! No one will call us out or stop taking the dollar! Free money for everyone!

          Okay. Not everyone. Just some people. Very few actually. That's a secret, though. Wait. Did I say something? Hmmm. Guess not. :)

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