Forum Replies Created
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AuthorPosts
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4plexowner
ParticipantChina, Bernanke, and the price of gold
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100000821/china-bernanke-and-the-price-of-gold/“What he said about US monetary policy and gold – this bit on the record – would appear to validate the long-held belief of gold bugs that China has fundamentally lost confidence in the US dollar and is going to shift to a partial gold standard through reserve accumulation.”
China’s hidden gold purchase policy
http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=88700&sn=Detail“but is also concealing its purchases by not moving the gold into official reserves, but the holding of it by some other government entity so it stays off the official books. When China relatively recently announced its big jump in gold reserves it was apparent the purchases had actually taken place over about five years and were only moved into the official reserves this year, and thus only then reported to the IMF. Thus it is likely that purchases are continuing in the same manner – off the open books”
4plexowner
ParticipantChina, Bernanke, and the price of gold
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100000821/china-bernanke-and-the-price-of-gold/“What he said about US monetary policy and gold – this bit on the record – would appear to validate the long-held belief of gold bugs that China has fundamentally lost confidence in the US dollar and is going to shift to a partial gold standard through reserve accumulation.”
China’s hidden gold purchase policy
http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=88700&sn=Detail“but is also concealing its purchases by not moving the gold into official reserves, but the holding of it by some other government entity so it stays off the official books. When China relatively recently announced its big jump in gold reserves it was apparent the purchases had actually taken place over about five years and were only moved into the official reserves this year, and thus only then reported to the IMF. Thus it is likely that purchases are continuing in the same manner – off the open books”
4plexowner
ParticipantChina, Bernanke, and the price of gold
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100000821/china-bernanke-and-the-price-of-gold/“What he said about US monetary policy and gold – this bit on the record – would appear to validate the long-held belief of gold bugs that China has fundamentally lost confidence in the US dollar and is going to shift to a partial gold standard through reserve accumulation.”
China’s hidden gold purchase policy
http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=88700&sn=Detail“but is also concealing its purchases by not moving the gold into official reserves, but the holding of it by some other government entity so it stays off the official books. When China relatively recently announced its big jump in gold reserves it was apparent the purchases had actually taken place over about five years and were only moved into the official reserves this year, and thus only then reported to the IMF. Thus it is likely that purchases are continuing in the same manner – off the open books”
4plexowner
ParticipantChina, Bernanke, and the price of gold
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100000821/china-bernanke-and-the-price-of-gold/“What he said about US monetary policy and gold – this bit on the record – would appear to validate the long-held belief of gold bugs that China has fundamentally lost confidence in the US dollar and is going to shift to a partial gold standard through reserve accumulation.”
China’s hidden gold purchase policy
http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=88700&sn=Detail“but is also concealing its purchases by not moving the gold into official reserves, but the holding of it by some other government entity so it stays off the official books. When China relatively recently announced its big jump in gold reserves it was apparent the purchases had actually taken place over about five years and were only moved into the official reserves this year, and thus only then reported to the IMF. Thus it is likely that purchases are continuing in the same manner – off the open books”
4plexowner
ParticipantHong Kong Recalls Gold Reserves: Why No News Coverage?
http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverageanother interesting development this past week
Hong Kong pulls its gold out of London – going to place it in a new facility in Hong Kong
~
it’s almost like the Asians are preparing for a precious metals-backed currency …
4plexowner
ParticipantHong Kong Recalls Gold Reserves: Why No News Coverage?
http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverageanother interesting development this past week
Hong Kong pulls its gold out of London – going to place it in a new facility in Hong Kong
~
it’s almost like the Asians are preparing for a precious metals-backed currency …
4plexowner
ParticipantHong Kong Recalls Gold Reserves: Why No News Coverage?
http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverageanother interesting development this past week
Hong Kong pulls its gold out of London – going to place it in a new facility in Hong Kong
~
it’s almost like the Asians are preparing for a precious metals-backed currency …
4plexowner
ParticipantHong Kong Recalls Gold Reserves: Why No News Coverage?
http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverageanother interesting development this past week
Hong Kong pulls its gold out of London – going to place it in a new facility in Hong Kong
~
it’s almost like the Asians are preparing for a precious metals-backed currency …
4plexowner
ParticipantHong Kong Recalls Gold Reserves: Why No News Coverage?
http://seekingalpha.com/article/159998-hong-kong-recalls-gold-reserves-why-no-news-coverageanother interesting development this past week
Hong Kong pulls its gold out of London – going to place it in a new facility in Hong Kong
~
it’s almost like the Asians are preparing for a precious metals-backed currency …
4plexowner
Participantgold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
4plexowner
Participantgold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
4plexowner
Participantgold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
4plexowner
Participantgold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
4plexowner
Participantgold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
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