Daily Gold Chat

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Friday, March 24, 2017

It takes two to Tango: CBOE 3-Month Treasury Yield & US$
(Vronsky)
03/19/2017 - 16:12
03/24/2017 - 04:12

During most of the past six years (since 2011), short-term Treasury Yields have danced along side of the greenback.

http://tinyurl.com/znnvhpe

Moreover, if we are to believe that the Fed will indeed raise rates in 2017, then it is inevitable that the US Dollar Index will 'tango' higher with rising interest rates.

The King of Tango Argentino, Astor Piazzola, plays live for Interest Rates and the US$ (turn on your speakers).

https://www.youtube.com/watch?v=pgha2OTkyFE

Movia about BRE X
(Horia)
03/18/2017 - 12:52
03/24/2017 - 12:52
Morris Hubbartt
(metalrocks)
03/17/2017 - 18:36
03/24/2017 - 06:36

Does anyone know what happened to Mr. Hubbartt? Last I seen of his writings was Feb. 23rd. TIA

Debt ceiling
(chris-d)
03/17/2017 - 11:06
03/24/2017 - 11:06

The debt ceiling has to be raised. There is not enough money in circulation to pay the debt down with. The Fed must buy ever more debt to make the fiat ponzi scheme work. At least Yellen is proposing that monetary (interest rate) policy move to a more normal level. At least Trump is trying to make cuts in the budget even if it is in the wrong places. If I was Trump I would upgrade the Medicaid system so it serves as the country's blanket insurer for the uninsured and let people buy into it. The biggest problem to come is the overvalued stock market taking a hit, for it has never been as overvalued as it is now. The FED should never be allowed to play the market in order to create bubbles that can be shorted by its member banksters. It hurts the Main Street economy.

It's not a bird or plane, it is getting back to what it should be. >
(chris-d)
03/12/2017 - 04:39
03/24/2017 - 04:39

Interest rates need to rise to slow down the speculation on the economy and bring about real instead of false economic growth. Going forward one needs to buy the coming reflation beneficiaries and sell the past growth gained from falling interest rates. This borrowing cheap money to buy back shares and accounting loan proceeds as cash flow is coming to an end. The FED has to get out of the way and let interest rates rise to their natural rates. This will slow down the US economy during the coming summer months, and will tear apart Europe, for Europe's negative interest rates are coming to an end. We will see a number of European countries leave the European union. Thus there will be a number of Bre=xits or road blocks in the road to economic recovery where the top 10% of the population will gain what 90% of the population lose. Thus the need for the 90% of the population to become more self sufficient and simply boycott what the 10% richest people sell.

It's bird...NO, it's a plane...NO, it's SUPER FED INTEREST RATES
(Vronsky)
03/09/2017 - 14:35
03/24/2017 - 02:35

Short-term Interest rates rocketing

3-Month US Treasury Yield soars to multi-year high
http://tinyurl.com/nbq2uvx

Reminds me of Superman. many, many decades ago.

Rising Interest Rates Fueling The US Dollar Higher In 2017
(Vronsky)
03/08/2017 - 12:53
03/24/2017 - 12:53
Short-term Interest rates rocketing
(Vronsky)
03/08/2017 - 12:51
03/24/2017 - 12:51

3-Month US Treasury Yield soars to multi-year high
http://tinyurl.com/nbq2uvx

More on unavoidable rising interest rates...and their effects on the US dollar:

http://www.silver-phoenix500.com/article/rising-interest-rates-fueling-u...

How much gold is there in India ?
(Horia)
03/05/2017 - 21:08
03/24/2017 - 09:08

Hugo Salinas calculated it as 41,000 tonnes.

http://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=301

This is gold in private hands, including the temples.

Official gold reserves of the Reserve Bank of India are cca 557 tonnes.

For comparison: gold reserves under the custody of the Fed
are cca 8,133 tonnes.

Total gold ever mined to date is cca 165,000 metric tonnes,
according to some estimates.

If the gold standard is reintroduced, India will have huge
economic advantages.

Switzerland: discreet crossroads for world's gold
(Horia)
03/05/2017 - 20:57
03/24/2017 - 08:57

http://www.swissinfo.ch/eng/business/swiss-trade_a-discreet-crossroads-f...

In 2016 gold refined in Switzerland made more than
25 % of its exports, cca 2,000 tonnes.

Clearly, what gold Switzerland imports is refined and
exported.

Friday, March 24, 2017

Gold is found in nature in quartz veins