The physical gold to paper gold disconnect can not commence until some paper gold issuers can not make good on their promises (to pay the gold price in dollars for the paper). That is, some of them have to go bancrupt.
Topic: Gold collapsing. Bitcoin UP. - page 1078. (Read 2032266 times)
Coming soon: US imposes sanctions on the whole world.
http://www.zerohedge.com/news/2014-07-17/obama-and-putin-speak-mention-plane-crash-obama-threatens-more-sanctions
Obama doing his best to destroy the USD
Obama doing his best to destroy the USD
It's already destroyed, Obama and future criminal presidents are just putting icing on the cake. Rome didnt die overnight.
http://www.zerohedge.com/news/2014-07-17/obama-and-putin-speak-mention-plane-crash-obama-threatens-more-sanctions
Obama doing his best to destroy the USD
Obama doing his best to destroy the USD
It's already destroyed, Obama and future criminal presidents are just putting icing on the cake. Rome didnt die overnight.
http://www.zerohedge.com/news/2014-07-17/obama-and-putin-speak-mention-plane-crash-obama-threatens-more-sanctions
Obama doing his best to destroy the USD
Obama doing his best to destroy the USD
Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Biiiiiiiiiiitcoin- up 1.71%
gold- up 1.49%
Bitcoin is rising nicely. Gold and Silver have been brought back under "control" again, for now.
$4 billion in futures sales couldnt move gold down more then 35 bucks. And now this quick rebound ? The jig is up. Desperate shorters shooting their last wads. Keep listening to Goldman Sachs, wait for your 800 gold its right around the corner lol
Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Biiiiiiiiiiitcoin- up
gold- up
watch out gold.
Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Biiiiiiiiiiitcoin- up
gold- up
watch out gold.
and all you need to give them is your name and email:
http://geeksided.com/2014/07/17/cheapair-com-processed-1-5-million-bitcoin-sales/
http://geeksided.com/2014/07/17/cheapair-com-processed-1-5-million-bitcoin-sales/
Expedia has no choice but to follow
> but I don't see anyone who is close enough yet.
BRICS + Iran and Iraq possibly France and others in Europe may fall in line
BRICS + Iran and Iraq possibly France and others in Europe may fall in line
I agree these are the countries that are getting there.... but China is still too dependent on the US markets. And of the BRICS, China is the cornerstone.
and all you need to give them is your name and email:
http://geeksided.com/2014/07/17/cheapair-com-processed-1-5-million-bitcoin-sales/
http://geeksided.com/2014/07/17/cheapair-com-processed-1-5-million-bitcoin-sales/
Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Biiiiiiiiiiitcoin- up 1.71%
gold- up 1.49%
Gooooooooollllld
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
Jeez, it's been a wild week
I wonder how long it's been since it's been this volatile
higher lows, with a huge intraday reversal:
Third world continue filling up their coffers with dollars:
"Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
I wouldn't call SK 3rd world.."Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.
it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US. i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on. when does it all end? i guess it makes sense to debt enslave America. altho, i'm sure we'll default. how they don't get this is beyond me.
imo, the end game is if and when the UST market cracks. that's the big kahuna for the US.
Exactly, we still have to wait because nobody wants to bankrupt half their export business. Demand needs better global distribution before the transition can be made. Yes there are great costs to continuing to do business this way, but the costs are less than the costs of a transition at the moment. Of course, once one big player makes the move the cost of continuing the game will go up for everyone else and the dominoes will start to fall. They are all moving in that direction, but I don't see anyone who is close enough yet.
> but I don't see anyone who is close enough yet.
BRICS + Iran and Iraq possibly France and others in Europe may fall in line
XHB, housing ETF, not looking so good:
stocks still sinking, Vix ramping.
Third world continue filling up their coffers with dollars:
"Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
I wouldn't call SK 3rd world.."Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.
it's always amazed me that foreigners would plow so much back into UST's for such an indebted nation as the US. i understand it at one level since we are the world's largest economy with the largest consumer base and military, but come on. when does it all end? i guess it makes sense to debt enslave America. altho, i'm sure we'll default. how they don't get this is beyond me.
imo, the end game is if and when the UST market cracks. that's the big kahuna for the US.
If they let interest rates rise, then the Fed will have a harder time propping up everything else. Until they withdrawal from stocks they have to support bonds so the Fed can act as a force multiplier.
Third world continue filling up their coffers with dollars:
"Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
I wouldn't call SK 3rd world.."Reserves Break $3 Trillion Mark in Emerging Markets"
http://www.bloomberg.com/news/2014-07-17/reserves-break-3-trillion-mark-in-emerging-markets.html
But it's the cost of doing business in the current $USD centered world. Wait until they have other options...chickens($) come home to roost.
Exactly, we still have to wait because nobody wants to bankrupt half their export business. Demand needs better global distribution before the transition can be made. Yes there are great costs to continuing to do business this way, but the costs are less than the costs of a transition at the moment. Of course, once one big player makes the move the cost of continuing the game will go up for everyone else and the dominoes will start to fall. They are all moving in that direction, but I don't see anyone who is close enough yet.
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