Author Topic: Just commodities  (Read 40767 times)

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Offline Libertas

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Re: Just commodities
« Reply #600 on: November 30, 2016, 11:27:33 AM »
Heh.  This confirms two things - 1) The Saudi's favor Putin's Russia over Obama's America and 2) all it took to improve economic prospects on most all fronts is to get Obama the bleep out!

https://www.bloomberg.com/news/articles/2016-11-30/opec-agrees-to-cut-output-by-1-2-million-barrels-a-day

The biggest driver of the Obama Depression, naturally is Obama!

 ::hysterical::

Come on Jan 20th!   ::asskicking::   ::whoohoo::
Irrumabo!  GOP? - Nope. No more. They made their bed, now let them die in it.*
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Offline Libertas

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Re: Just commodities
« Reply #601 on: December 08, 2016, 08:32:13 AM »
I guess folks in India never heard of boating accidents...

http://www.zerohedge.com/news/2016-12-07/india-confiscates-gold-even-jewelry-raids-hidden-money

...fair to say most probably haven't heard of boats either!  Still...

The elephant took it...monkeys ran away with it...

 ::)

And looking long behind the curtain of the kabuki masters...

http://www.zerohedge.com/news/2016-12-08/deutsche-bank-provides-smoking-gun-proof-massive-rigging-and-fraud-silver-market

...scheming and slamming and scamming, oh my!  And a lot more widespread than even the most jaded observer thought!

OK I don't buy that last part...I'm pretty damn jaded!  Hey, I wonder if Ann B has any opinion on this?  I bet she does!!!

And...ahh...they slam gold...and other stuff too ya know?! 
Irrumabo!  GOP? - Nope. No more. They made their bed, now let them die in it.*
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Offline Libertas

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Re: Just commodities
« Reply #602 on: January 09, 2017, 11:29:35 AM »
Huh?  Whaddaya know?

Purple Reign...with golden trim.
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Offline Libertas

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Re: Just commodities
« Reply #603 on: March 02, 2017, 12:20:51 PM »
At first I was like...huh?

http://www.apmex.com/product/22778/1-oz-gold-grain-shot-9999-fine-order-by-the-ounce

But in this form it has the lowest premium for content compared to ask price of anything in the 1 oz offering...and it would be easy to break off pieces for barter...

And probably harder to debase small pieces too, eh?  (I mean crack into a chunk, easy peasy!)

 ::thinking::
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Offline Libertas

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Re: Just commodities
« Reply #604 on: May 09, 2017, 07:06:18 AM »
Another "yeah, but...' moment...

http://www.zerohedge.com/news/2017-05-08/mining-ceo-explains-why-silver-could-reach-over-136

Yeah, I like numbers, I get the 21:1 & 9:1 thing...but...in the end it comes down to available supply exchanging hands and the value people put on it...

When the kabuki implodes, and it will, and the great unwinding commences...we'll see what we'll see...

In the meantime, with current "market" prices coming down, another buying opportunity arises.   ;)
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Offline Libertas

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Re: Just commodities
« Reply #605 on: June 26, 2017, 11:25:17 AM »
It always seems like the monkey-hammering happens around key Fed moments, eh?

http://www.zerohedge.com/news/2017-06-26/will-golds-tumble-continue-here-citis-answer

Picking on the crypto's too...that could be just routine action though...whatever props up the greenback...

http://www.zerohedge.com/news/2017-06-26/bitcoin-tumbles-15-10-day-lows

And the Yuan is down...merely a coincidence to be sure...
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Offline Libertas

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Re: Just commodities
« Reply #606 on: August 30, 2017, 08:05:08 AM »
Four years later...Germany finally got its gold back...

http://www.zerohedge.com/news/2017-08-30/weird-things-are-happening-gold

But the second bit of news, is , to say the least...weird -

Secretary of the Treasury Steve Mnuchin and Senate Majority Leader Mitch McConnell just paid a visit to Fort Knox to see the U.S. gold supply. Mnuchin is only the third Treasury secretary in history ever to visit Fort Knox and this was the first official visit from Washington, D.C., since 1974.

The U.S. government likes to ignore gold and not draw attention to it. Official visits to Fort Knox give gold some monetary credence that central banks would prefer it does not have.

Why an impromptu visit by Mnuchin and McConnell? Why now?

The answer may lie in the fact that the Treasury is running out of cash and could be broke by Sept. 29 if Congress does not increase the debt ceiling by then.

But the Treasury could get $355 billion in cash from thin air without increasing the debt simply by revaluing U.S. gold to a market price. (U.S. gold is currently officially valued at $42.22 per ounce on the Treasury’s books versus a market price of $1,285 per ounce.)

Once the Treasury revalues the gold, the Treasury can issue new “gold certificates” to the Fed and demand newly printed money in the Treasury’s account under the Gold Reserve Act of 1934. Since this money comes from gold revaluation, it does not increase the national debt and no debt ceiling legislation is required.

This would be a way around the debt ceiling if Congress cannot increase it in a timely way. This weird gold trick was actually done by the Eisenhower administration in 1953.


Play games?  No!  Our leaders of unparalleled integrity and Neo-Keynesian mega-minds are beyond such tricks!

/

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Offline Libertas

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Offline Libertas

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Re: Just commodities
« Reply #608 on: September 18, 2017, 12:31:47 PM »
I guess somebody wants to open the buying window again...

http://www.zerohedge.com/news/2017-09-18/gold-tumbles-most-july-bitcoin-bounces

...they'll be more bouncing going on...
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Offline Libertas

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Re: Just commodities
« Reply #609 on: November 29, 2017, 09:49:37 AM »
Fine, spank it more...I dare ya!

http://www.zerohedge.com/news/2017-11-29/gold-slammed-massive-volume-key-technical-support-gdp-beat

And...not sure where this came from...

http://www.zerohedge.com/news/2017-11-28/russia-warns-washington-confiscating-gold-reserves-would-be-declaration-financial-wa

...didn't know we were thinking of confiscation...though technically a "freeze" is not a confiscation per se, just a bank holiday dontchyaknow?!

Saying freeze=confiscation may not be a justification for declaring war by itself...can't help in combination with other things though...

But I don't see a freeze coming at this time...
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Offline Libertas

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Re: Just commodities
« Reply #610 on: December 04, 2017, 11:12:06 AM »
Irrumabo!  GOP? - Nope. No more. They made their bed, now let them die in it.*
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