Something big will happen in September/October 2015
- frank lee bent
- Expatriate
- Posts: 11330
- Joined: Sat May 17, 2014 4:10 am
- Reputation: 2094
Re: Something big will happen in September/October 2015
Sorry, i did not read the original link.
undoubtedly though, we are headed for a major financial collapse.
OD and I were conversing about this elsewhere.
We are already in a recession, and there will be another liquidity crisis.
This time though, China will have already converted her t-bills to gold.
So QE will not work.
It all goes back to Nixon, Bretton Woods, and the closing of the gold window.
https://en.wikipedia.org/wiki/Bretton_Woods_system
undoubtedly though, we are headed for a major financial collapse.
OD and I were conversing about this elsewhere.
We are already in a recession, and there will be another liquidity crisis.
This time though, China will have already converted her t-bills to gold.
So QE will not work.
It all goes back to Nixon, Bretton Woods, and the closing of the gold window.
https://en.wikipedia.org/wiki/Bretton_Woods_system
-
- Expatriate
- Posts: 1365
- Joined: Thu May 15, 2014 9:37 pm
- Reputation: 133
Re: Something big will happen in September/October 2015
S&P 500 and the Dow already showing signs of weakness/rolling over.
Re: Something big will happen in September/October 2015
Joker Poker wrote:S&P 500 and the Dow already showing signs of weakness/rolling over.
Six Year Upward Trend in S&P 500 Now Broken
http://z3news.com/w/prophecy-fulfilled- ... 00-broken/
Re: Something big will happen in September/October 2015
frank lee bent wrote:Sorry, i did not read the original link.
undoubtedly though, we are headed for a major financial collapse.
OD and I were conversing about this elsewhere.
We are already in a recession, and there will be another liquidity crisis.
This time though, China will have already converted her t-bills to gold.
So QE will not work.
It all goes back to Nixon, Bretton Woods, and the closing of the gold window.
https://en.wikipedia.org/wiki/Bretton_Woods_system
" So QE will not work. "
Hallelujah! At least somebody gets it
- vladimir
- The Pun-isher
- Posts: 6077
- Joined: Mon May 12, 2014 6:51 pm
- Reputation: 185
- Location: The Kremlin
Re: Something big will happen in September/October 2015
Gold headed to $350/oz.
Jesus loves you...Mexico is great, right?
Re: Something big will happen in September/October 2015
One of issues is China has just picked up their bought and paid for football [soccer] ball and said fluck this, were not playing any more.
Fluck your dollar and yes to the Yuan.
http://thediplomat.com/2015/07/how-the- ... ment-bank/
"On June 29, China and 49 countries signed the Articles of Agreement (AOA) of the Asian Infrastructure Investment Bank (AIIB). The event signifies the successful establishment of the bank, moving the institution one step closer to the launch of operations before the end of 2015."
https://en.wikipedia.org/wiki/New_Development_Bank
"The New Development Bank (NDB), formerly referred to as the BRICS Development Bank,is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing American and European-dominated World Bank and International Monetary Fund."
Fluck your dollar and yes to the Yuan.
http://thediplomat.com/2015/07/how-the- ... ment-bank/
"On June 29, China and 49 countries signed the Articles of Agreement (AOA) of the Asian Infrastructure Investment Bank (AIIB). The event signifies the successful establishment of the bank, moving the institution one step closer to the launch of operations before the end of 2015."
https://en.wikipedia.org/wiki/New_Development_Bank
"The New Development Bank (NDB), formerly referred to as the BRICS Development Bank,is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing American and European-dominated World Bank and International Monetary Fund."
Re: Something big will happen in September/October 2015
vladimir wrote:Gold headed to $350/oz.
Wow ! At those prices I imagine the Indians and Chinese will be saying “ bring it on “as they keep stacking the real stuff as opposed to bits of paper which says it is gold
http://www.goldcore.com/us/gold-blog/pe ... nd-surges/Asian gold demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions.
Treasurer for the Perth Mint, Nigel Moffatt has said that the mint has seen a surge in demand for physical gold since the price dropped below $1,100 per ounce.
Re: Something big will happen in September/October 2015
vladimir wrote:Gold headed to $350/oz.
Wow ! At those prices I imagine the Indians and Chinese will be saying “ bring it on “as they keep stacking the real stuff as opposed to bits of paper which says it is gold
http://www.goldcore.com/us/gold-blog/pe ... nd-surges/Asian gold demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions.
Treasurer for the Perth Mint, Nigel Moffatt has said that the mint has seen a surge in demand for physical gold since the price dropped below $1,100 per ounce.
Re: Something big will happen in September/October 2015
vladimir wrote:Gold headed to $350/oz.
Wow ! At those prices I imagine the Indians and Chinese will be saying “ bring it on “as they keep stacking the real stuff as opposed to bits of paper which says it is gold
http://www.goldcore.com/us/gold-blog/pe ... nd-surges/Asian gold demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions.
Treasurer for the Perth Mint, Nigel Moffatt has said that the mint has seen a surge in demand for physical gold since the price dropped below $1,100 per ounce.
Re: Something big will happen in September/October 2015
vladimir wrote:Gold headed to $350/oz.
Wow ! At those prices I imagine the Indians and Chinese will be saying “ bring it on “as they keep stacking the real stuff as opposed to bits of paper which says it is gold
http://www.goldcore.com/us/gold-blog/pe ... nd-surges/Asian gold demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions.
Treasurer for the Perth Mint, Nigel Moffatt has said that the mint has seen a surge in demand for physical gold since the price dropped below $1,100 per ounce.
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