Gold And Silver Recover Putin "Fold" Losses

Tyler Durden's picture

The "safe" haven of precious metals is once again well bid this morning as Draghi's disappointment sent the EUR higher (and USD lower). Gold and silver have now recovered all the losses from the flight-to-high-beta-equity that followed Putin's press conference on Tuesday. So since he spoke, oil prices have collapsed (hurts Russia) but US stocks have surged (as bonds dumped). Must maintain the illusion of control (but it appears the PMs are leaking that status quo trust away).



Charts: Bloomberg

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wallstreetaposteriori's picture

How about the founder of bitcoin being unmasked.... motherfucker lives with his 93 year old mother and 6 kids in Cali...

fonestar's picture

If you're not going to get behind the Bitcoin at least stop referring to these fake markets as "gold" and "silver".

wallstreetaposteriori's picture

Don't be hating now that your false prophet was revealed to look like a douche.....  Gold is tangible.... bit coin is nothing.

kliguy38's picture

one is money and has been for 6000 years.......the other is a banker's wet dream

fonestar's picture

Bitcoin is the banker's worst nightmare moron.

JohnnyBriefcase's picture

Funny, I thought that was a noose.

Colonel Klink's picture

Yeah I'm sure they're quaking on their yachts about a cryptocurrency valued at 15 billion.

I'm sure it pains you to see your idol shitoshi cockomoto turn out to be a basement dweller such as yourself.

fonestar's picture

Soon to expand to 150 Bn.. 1500 Bn.. 15000 Bn.. as Bitcoin gains market share as superior products are oft to do.

Colonel Klink's picture

Queue the thread being clogged by stupid fucking comments by Bonestar.

Yep, you keep pumping that, just like you do the family cat.

fonestar's picture

fuck off.  Why are you even here?

Mercuryquicksilver's picture

Mercuryquicksliver thinks fonestar is out of character.

dogbreath's picture

This is Fonestar the depressive,  I like Fonestar the manic better too

wallstreetaposteriori's picture

Whatever drugs you are on... please let everyone know.  I think most would love to live in such denial like yourself.

Soul Glow's picture

Gold - winning since it was found and used to trade as money.

Bitcoin, used as currency for a few years.

Good luck bitcoin, and I mean that.

smlbizman's picture

fone, ur name calling has picked up in intensity.....we were fine with u and ur thoughts...but now u are just a low life scum bag who has been exposed...u my friend appear to be the asshole, moron dickhead take ur name calling and third person references and go fuck urself ...u fucking moron....

outamyeffinway's picture

"we were fine with u and ur thoughts"


You were never fine. ZH has done nothing but hate and harass so take your hypocrisy and STFU. You et al.

outamyeffinway's picture

"one is money and has been for 6000 years.......the other is a banker's wet dream"


Oh yes, that explains JPM's position paper on BTC. Nice try but you don't know what you're talking about.

tmosley's picture

Funny, I thought you guys said it was made by the NSA.

Now the best you can come up with is that he "looks like a douche".

Your idiocy is literally staggering.

wallstreetaposteriori's picture

He really is douchy looking.... staggering is right....but the idiocy really lies with people who purchases thin air and hope is grows to infinity.

fonestar's picture

Is that all you have?  What this guy looks like fuckhead?  What is he supposed to look like?  Should Stephen Hawking's theories be based upon his looks as well?

The fact that this site is supposed to be the enlightened opposition is scary.  A bunch of mental midgets.

wallstreetaposteriori's picture

Foneystar.... you would bitcoins from an animated piece of talking dog shit... its just who you are... not so bright.

fonestar's picture

You've got nothing.  fonestar rests his case.

wallstreetaposteriori's picture

I've got reality hoe.. been pimping it on you for months... way back when bitcoing was above 1000 and way back when you keep telling everyone 100K was the next move... sad truth for fonestar.... you lost half your fake money since then.

fonestar's picture

How would you know how much BTC fonestar has purchased above the current levels dipshit?

wallstreetaposteriori's picture

because you still drive that ford focus.... cryptorevolutionary.

fonestar's picture

If vehicles would increase 5000x in value fonestar would include those in his portfolio too.  Regardless of what Bitcoin is in dollar terms, your bond portfolio will be worth nothing at all.

lordylord's picture

In what reality do you live Foney?

Scenario 1:  Bitcoin challenges the dollar and gets regulated/banned/etc.

Scenario 2:  Dollar and othe world currencies collapse and nobody gives a shit about fake internet coins,

Scenario 3:  Foney buys all 21,000,000 bitcoins for a half of a cheese sandwhich after scenario 1 or 2 happens.

wallstreetaposteriori's picture

I vote for scenario 3..... Foneystar is the real douche.

john39's picture

so when the experiment, or this phase of the digital currency expirment ends... did you really think the NSA would come out and claim it?  hardly.  that would defeat the purpose.  so roll out the cover story while they gear up for the next phase... 

Mr. Magoo's picture

Just admit you are a sore loser Fonestar

fonestar's picture

What did fonestar lose dipshit?  $643 BTC.

wallstreetaposteriori's picture

Besides your brain?..... your money hoe.

outamyeffinway's picture

You work for fiat or gold? Don't be a douche bag ring leader.

AbbeBrel's picture

Matt Taibbi is probably crying in his beer that this scoop went to Newsweek - what a story!!   The name is REAL  whod'athunkit!

fonestar's picture

Matt Taibbi would have respected this man's privacy.  Also, this man has neither confirmed nor denied being the Satoshi Nakamoto of Bitcoin and it is totally irrelevant in any case.

AbbeBrel's picture

I dunno, fonie, what Taibbi would have done with this story ; I have never squished in his sneakers.   But I can tell you I am missing his prose on this yarn.  

[snip]   << Rubin was the prototypical Goldman banker. He was probably born in a $4,000 suit, he had a face that seemed permanently frozen just short of an apology for being so much smarter than you, and he exuded a Spock-like, emotion-neutral exterior; the only human feeling you could imagine him experiencing was a nightmare about being forced to fly coach.



As for "respecting privacy", well looks like Satoshi at least has some protection from being turned into an instant Avatar:

Mercuryquicksilver's picture

I'm not convinced that the man pictured is the developer nor that NSA is not involved. If indeed he is the developer and not attached to any government then that would go a long way towards my interest in BTC and the other copy cats.

If BTC were to stabilize as a means to transfer wealth/money I may decide to use for quick transactions (akin to paypal). However, I can't understand why anyone would "invest" in cryptocurrency when the supply is unlimited. Give me P2P goldmoney or eGold and that would be cool..... but the gov't wont let me play!

DoChenRollingBearing's picture

Who cares what he looks like?  I want to see how all of this plays out.

I wonder how many BTC he has left?


I wonder if he (or his mom) has any gold?

Skin666's picture

Hey Do Chen,


Check this guy out:


20 minutes well worth your time.



JustUsChickensHere's picture

Probably not 'the' Satoshi (of Bitcoin) ... smells lot like a Newsweek beat up - and one that put's this guy and his family at real risk. Irresponsible to publish address and photos - but no proof of the Bitcoin connection.

greatbeard's picture

>> revealed to look like a douche..

I don't understand the animosity.  What does a douche look like and what does it matter what the creator looks like? Looks like just another J6P to me.  The divide and conquer mentality permeates every facet of our society, much to the masters delight. Black/white, young/old, bitcoin/gold, red/blue.

fonestar's picture

If indeed he is the real Satoshi (this article does not establish that and just threw this man's life into jeporady) he looks very much like fonestar would have imagined him to.

Pure Evil's picture

Wow, the late night sexual fantasies of fonestar have been revealed.

outamyeffinway's picture

Or has it been revealed that most ZH'ers are shallow, intellectual pea brains?


What were they hoping for, some handsome stud they could jerk off too? So hypnotized by the glamor of TV they want their mathematicians to look like Brad Pitt or whoever the fuck.


Also taking a story from Newsweek at such face value and then pandering on about how he looks? Lame.


Should we go through the list of douche bag scientist throughout the ages (Einstein, eg)?

GooseShtepping Moron's picture

He's not a douche, but neither is he the libertarian hero that the Bitcoin mythology imagined him to be. He is distinctly old guard, working on classified corporate and military projects and living in a traditional family.

Libertarians are always imagining two things: 1) That evil oligarchs control everything; and 2) That utopian freedom is just around the corner. Neither one of these things is true, but prepare to be decapitated if you so much as mention it to them. Bitcoin, like the internet itself, is just one of the latest in a long line of failed libertarian idols who turned out to have feet of clay after all.