Posts Tagged ‘china’
The Talk is that the Internet Tax Will Become a Law
Read the Full Newsletter Every one dollar in three is spent on the economy comes from the U.S. Government. The Government borrows 43% of every dollar it spends. This is clearly not sustainable. The dollar is rising against everything! Yen, Euro, Yuan and all other currencies. Talk about the “best of a bad lot!” We [...]
How Much Gold Do They Really Have?
"How much Gold do they really have?" This is a question which is asked all the time regarding the ETFs and of inventories such as the COMEX and in London. Of course the real hardcore whack jobs ask even more "conspiratorial" question like how much gold is in Ft. Knox? A logical question mind you since there has been no audit since 1956, but [...]
What more do you need to know?
So many different signs that something huge is coming for the metals have lined up all at once and in an almost cosmic manner! Let me list what I'm seeing and there are more that I've either forgotten or don't even know about but just over the last month these have come to light: 1. 12 US States are considering making gold and silver [...]
Chinese Overnight Trading – Coming Soon, to the Cartel’s Chagrin!
Read the Friday Afternoon Wrap-Up for 4/5/2013 and the Monday Morning Commentary for 4/8/2013 This RANT was catalyzed by the incessant “walk-downs” PMs endure nearly EVERY NIGHT in New York “Globex” trading – from 6:00 PM EST until the Shanghai Exchange opens at 9:00 PM EST. A perfect example of the “typical” night can be seen [...]
Spend it While You Can!
Sorry, Mates, Strictly Business: Australia Wants To Cut Out US Dollar In Trade With China Australia recently announced a deal struck with China where they will trade and settle in local currencies WITHOUT the use of dollars. This type of deal is now becoming more common as the writing on wall for all to see is that no one wants to be "stuck" [...]
How China Destroys America
Read the Tuesday Afternoon Wrap-Up for 2/26/2013 and the Wednesday Morning Commentary for 2/27/2013 The Yuan – or Renminbi – is the national currency of China. Few understand its inner workings, as – like most Chinese financial data – transparency is limited; particularly regarding the currency; which has been “pegged” to the [...]
Sequester Time… Credibility Beckons?
Tick tock, tick tock, the clock is running. Time is running out before the budget "sequester" kicks in. Even our president spoke about it today and warned of the "dire consequences" that would accompany it. All sorts of programs and "benefits" will be cut and ..."will be bad for the economy." Basically "life as we KNEW it" will change... [...]
$3500 Gold Prediction Is Just For Starters
READ THE FULL NEWSLETTER Those who think the Goldmans or Morgans are stupid and clumsy are the ones demonstrating those traits. I see and know the same things these greatest of all time manipulators of price see and know. This is 1979 in the gold market right before the greatest price appreciation took place over the shortest period of time then. [...]
Game changer?
Chinese gold imports nearly doubled in 2012. New ETF sets up blow-out 2013 I can remember back in 2004 or 05 when the first Gold ETF "GLD" came out and everyone got so excited and then a year or two later the same thing with SLV. Everyone thought "this is a game changer." It can be debated whether it was or was not. I personally believe [...]
Not Even Irish Eyes Are Smiling
UK bank sits on a pot of €235m in Irish gold Ireland purportedly has a whopping 6 tons of Gold, most of which is held in the Bank of England. 6 tons is not a lot (at today's prices) of money and would not even pay one years worth of interest on what Ireland owes. Questions have recently arisen as they have in Germany and Belgium amongst [...]
