Maybe there are reasons for an escalation in september (China, dollars and gold)

I like the sober position that Vector99 has.

I would like to add one important thing.
The price of oil is vital for the Federal budget of Russia.
The Islamic State sells oil through the back door, a lot of oil at dumping prices, so the Russian government will desperately try to influence on this (IMO).

yep, oil and gold...not so much silver.....it won't end till oil and gold miners see a lot of bankrupts....due to the US....hah...the good ole U. S. ......it's a God thing....that's the name of my trading system for teotwawki......
The U. S. is blessed....what a deal
The u s is holding the others by the nose.....and bootin' 'em in the buns....how to trade this....too easy....ooops there I go trying to find an advantage...my system is taught to me by the Holy Spirit....and I blow the market operators out of the water as Russia gets dealt from the bottom of the deck.....I'm afraid I've turned into a PIRATE !! he he

a reply to: Mastronaut


snip the final parts of entry :

....and then

Soros buy 1.9 shares from Barrick Miners


And while Soros added to his gold positions, mega hedge fund Paulson & Co, led by longtime gold bull John Paulson, cut its stake in the SPDR Gold Trust by 1 million shares to 9.2 million shares in the second quarter according to the 13F-HR filing. SPDR Gold Trust is the world's biggest gold-backed ETF.


Soros wants to exploit the market to get gold mining companies at discounted price? Wouldn't be surprising. But must also mean he is privy (or smelling) some big change in the paper-gold supply and demand capacity.
Seems like gold is often downplayed, but rather important behind the curtain.

little known item... Barrick Gold has created a 'DRIP' (dividend reinvestment plan) for shareholders of record at the 1st of August... which offers participants a 3-5% discount on sales price from the daily closing price and no fees or sales charges to acquire additional ABX stock

GG has also been quietly awarding .05¢ monthly dividends most every month... also announcing they have a multi-billion $ mine operation underway which will last 20+ years plus the mine is up there in the developed metro area of Canada---not out there in the sticks/frontier...

both Soros' interest in Barrick and a giant question mark on the Warren Buffet $45 Billion secret acquisition binge just underway makes me wonder

I expect gold to break below $1000. so those and other well heeled investors/manipulators can scoop up top tier miners and leave the 2,3rd tier & start up- exploration miners for the riff-raff

these powerhouse money wielders have 5 year strategies behind their moves... so the collapse of the western Anglo-American paper PM futures is soon to be kaput with the eastern bullion banks and physical exchanges to prevail after sept 2016 (as already noted with the China entry into a SDR basket of reserve currency provider status)...

it is not gonna be the actual fail of USD strength... but just losing confidence that the USD & the present IMF-WB-BIS system will be the only big-dog on-the-porch... will raise gold & PMs to the loss of faith in the USD strength & demand

originally posted by: Mastronaut

1 ounce COMEX gold = 200 real gold. Isn't that 1/200 of real gold? Anyway independently of my wording, is it clear what I meant now?

For clarification 1/200 of real gold means 200 shares of comex gold = 1 ounce of real gold. I think it's closer to 1/140 to be honest though. After some looking that number is the amount of paper ounces of gold compared to on hand worldwide physical gold, the lower number always being physical gold.

a reply to: Vector99

Sorry, I am baffled I couldn't see my mistake, but I surely confused availability for delivery and "value" (which are tied in this market as far as I understood). It's not worldwide, it's in London and there are other gold markets (with both physical gold and futures). The comex data I read few days ago were officially at 1/207 as of sept 9.

Central banks manipulate the gold price since ages so I can't say if this bubble is going to explode. Something similar already happened with the London Gold Pool about 48 years ago, but this time is a very different geopolitical shape.

a reply to: St Udio

Do you think gold will break 1k$ because of stronger dollar or massive gold trades? Because in the latter case there are 2 players that are trying to keep it stable and aren't playing the game of buying without asking for delivery. I think this is something that has slipped out of control of western banks, who will pay and how much is yet be seen.

I missed this, it seems intresting (Aug 25)

U.S. prosecutors have been examining whether at least 10 banks, including Barclays Plc, JPMorgan Chase & Co. and Deutsche Bank AG, manipulated prices of precious metals such as silver and gold. The scrutiny follows international probes into the rigging of financial benchmarks for rates and currencies, which have yielded billions of dollars in fines.

Source: Bloomberg

a reply to: Mastronaut

What conspiratorial nonsense. The US would wage a war because it cares if trade between Kyrgystan and Belarus is in US dollars? WTF?

The numbers are noise level for the true money markets in the world.

originally posted by: Mastronaut
The dollar doesn't need to disappear, it is just overvalued because for international trade you HAVE TO use dollars to trade certain goods regardless if the US is involved in the business. It's how the world financial system racket works.

It's not like that. It's that many people in the world WANT TO use dollars to trade.

The US has no control or opinion on what a mining company in Kazakhstan banks with. It so happens though that people much prefer to keep their money and investments in dollars, and dollar-based banks than the alternative like a Russian bank in rubles.

There is no need for a law---that shows the weakness of Putin. If the ruble and the ruble-based financial system were good enough, people would use them where it makes sense.

This also shows the KGB thug in him. He doesn't understand encouragement, only rules and threats. Take Ukraine. Of any nation in Eastern Europe, it should be the most friendly historically and compatible with Russia. Russia could have encouraged, seduced and made Ukrainians WANT to be friendly and have good relations with Russia. But instead, theft and the club. And then Russians whine about supposed Western conspiracies when it turns out that most Ukrainians actually object to being embezzled and then invaded.

man, your all so close and on the right track but you keep forgetting and missing one aspect of all this. U.S. sanction ability on other countries, aka the bankers ability to enforce their will on nations.
this comes down to power and is a bit complex, but in simplistic terms is all about who has the power over others. that is why brics central bank consists of more than one country controlling it and all of them being able to vote on issues. they even alternate leaders of brics with each country taking turns.
these countries are tired of one nation being able to impose their wills on all countries through sanctions. once sanctions no longer work what do you think the ruling elite use at their disposal to maintain their power?
do you think they care if we live or die or starve or freeze, or about their power?
they dont wanna lose their...precious

thought i heard just in past week about sanctions being put on china. or a discussion of such. and for some to think china doesnt have the money to get this off the ground. where have you been. they have already set up the reserves and russia and china are already bypassing dollars altogethor amongst each other. russia has kicked out visa and mastercard and created their own card system and china is adopting it. the info is out there everywhere. every country is reporting on it, except the U.S.

a reply to: letscit

Yet its not just the US that's involved here and ignoring the other countries like you have is problematic. Only 5 countries supported Russian the Russian invasion of Ukraine and its illegal occupation of Crimea. Please explain why the remainder of the planet didn't support Russia?

The sanctions issue and China is based on Chinese cyber attacks.

BRICS is 5 nations who are all having issue right now. Even so all 5 nations are still members of the IMF as well as the G countries. Secondly the BRICS nations are still arguing over who gets to do what, with China demanding to lead as they have donated the most, 50 +/- billion compared to 18 billion from other members.

The sanctions thus far apply to individuals in Russia and Crimea. If you want to see sanctions do real damage then all you need to do is to keep watching Russia. If they continue down this road the sanctions will be applied to economic sectors instead of just individuals.

originally posted by: Mastronaut
a reply to: Vector99

Sorry, I am baffled I couldn't see my mistake, but I surely confused availability for delivery and "value" (which are tied in this market as far as I understood). It's not worldwide, it's in London and there are other gold markets (with both physical gold and futures). The comex data I read few days ago were officially at 1/207 as of sept 9.

Central banks manipulate the gold price since ages so I can't say if this bubble is going to explode. Something similar already happened with the London Gold Pool about 48 years ago, but this time is a very different geopolitical shape.

Your own source says it, for every 207 ounces of paper gold, they have 1 ounce of physical gold readily available. That would put the value of paper gold worth not much more than the paper its printed on. Ok, that's an extreme example, but what it means is 1 share of comex gold is 1/207th the price of an ounce of gold, or around $5.36 US dollars per paper ounce of gold, but you need 207 of them to get an actual ounce of physical gold.

originally posted by: letscit
man, your all so close and on the right track but you keep forgetting and missing one aspect of all this. U.S. sanction ability on other countries, aka the bankers ability to enforce their will on nations.

Sanctions are only followed by those that agree with them. The US can't just "sanction" anyone. It actually has a formal process to be recognized internationally.

a reply to: Vector99

If that were the case and economically significant, then comex contracts would trade at a major and abnormally high discount to physical transactions. Are they?

I haven't heard of this.

originally posted by: mbkennel
a reply to: Mastronaut

What conspiratorial nonsense. The US would wage a war because it cares if trade between Kyrgystan and Belarus is in US dollars? WTF?

The numbers are noise level for the true money markets in the world.

Ofcourse not, the US is waging a war against Russian dominance in the gas supply to Europe, an economic war to keep China financing their debt and a social war with Europe for multiple reasons. The plan is pretty evident even geographically after 9/11 and Arab Spring "liberations".

originally posted by: mbkennel
It's not like that. It's that many people in the world WANT TO use dollars to trade.

The US has no control or opinion on what a mining company in Kazakhstan banks with. It so happens though that people much prefer to keep their money and investments in dollars, and dollar-based banks than the alternative like a Russian bank in rubles.

The US Dollar is the world reserve currency, every country must have a reserve since it's one of the "reliable" cash. However like other modern system is based on confidence and this confidence is granted by the US army, not by the will of the pople in trading in dollars. You have no advantages in using dollar to buy oil, but those who sell only one dollar EXCEPT a few and since not much time.

There is no need for a law---that shows the weakness of Putin. If the ruble and the ruble-based financial system were good enough, people would use them where it makes sense.

But this is not how it works, the ruble is not the currency in which the trades will swap, it's the Renmibi. The reason why the russian currency is undervalued is not really a "natural" reason, it's due to sanctions and intentional repression of oil price to destroy their economy. No one wants to destroy the US Dollar because everyone has dollars as assets. If the situation precipitates don't expect a '29 style stock crash.

This also shows the KGB thug in him. He doesn't understand encouragement, only rules and threats. Take Ukraine. Of any nation in Eastern Europe, it should be the most friendly historically and compatible with Russia. Russia could have encouraged, seduced and made Ukrainians WANT to be friendly and have good relations with Russia. But instead, theft and the club. And then Russians whine about supposed Western conspiracies when it turns out that most Ukrainians actually object to being embezzled and then invaded.

This is just repeating the propaganda without spending 1 minute of research or simply not wanting to know. In either case put like that is a bunch of bs.

a reply to: Vector99

The point is that futures aren't paid 1/200th, they are paid like they were physical, but if at some point the markets freak out and want deliveries, futures will collapse.
China imho is playing this game of limiting the supply to force central banks to trade at loss to keep the price in check. I don't think either player will ever try to collapse the future market intentionally, unless he can be sure to be the only survivor.

a reply to: mbkennel

Gold price is rigged. A future of gold is still gold. Central banks trade all the necessary gold to keep the price in check.
Latest reports from London Banks reserves and a few articles are linked in the thread, if you haven't heard.

a reply to: Xcathdra

But this is putting a big toll on the economies of Europe, how important would be Crimea when you have 5 millions immigrants, possible ISIS infiltrations and terrible gas prices and supply? Actually the client who's not getting served is the EU that before Ukraine crisis was closing ties with the eurasian territories.

But the US is actually very involved in the countries where russian energy projects were planned or already working, like Georgia, Armenia, Ukraine, Bulgaria or Turkey to name a few. Doesn't this stinks when there is a civil war in a key country for the same reason? Pipes anyone?

It's not even about NATO anymore, it's Anglozionists+wannabeNATOcountries+saudis vs anyone else.

I'm pretty sure in the end we will discover that the only interests of the US is keeping peace and prosperity in Europe and the Middle East. Ye, sure.

originally posted by: Mastronaut
This post is long and is divided in 5 parts
Summer 2014
Spring 2015
Summer 2015
Conclusions

August has been a pretty busy month in therms of military and economic action. Many are already looking at Monday Aug 24 as the start of the global collapse and the doom porn prediction for september 2015 are at an all time high.

There recently have been reports of increased military presence of Russia in Syria, which resulted from anonimous sources, first from an Israeli media then from Libanon officials. The proofs were far from convincing, but by itself the event can't really be impossible. In fact it could have been somehow planned after certain announcements that we seem to have missed and go back years down to 2006, and triggered by the current "warnings" from the USA and some events related to flying space permissions.
The question I asked in another thread and that I never see presented is "why now?".

Because the situation for Assad is very bad? Why not slightly earlier then?
Ukraine was keeping Russia from intervening? Well Ukraine is still there and probably in a stalled situation that can escalate at any time (I'd say will escalate if Russia moves to Syria).
Russian economy weak? It's still weak.

So there is no real reason why the situation should require a russian intervention now. Or there is?

The website Russia Today* reported Tuesday that Mr. Putin has drafted a bill to block the use of both the American greenback and the euro in trade between the bloc of countries that used to be part of the Soviet Union, including Russia, Armenia, Belarus, Kazakhstan and Tajikistan.

The measure “would help expand the use of national currencies in foreign trade payments and financial services and thus create preconditions for greater liquidity of domestic currency markets,” the Kremlin said in a statement.

From another article in businessinsider

On August 28, Putin asked parliament to ratify a treaty among members of the Commonwealth of Independent States that would expand the use of their national currencies -- instead of the dollar or euro -- in foreign trade payments and financial services.

The move came as the ruble and other currencies across the region continue to suffer. It followed months of calls in Russia for the creation of a single currency for the Eurasian Economic Union, which comprises Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan.

The proposed name: the "altyn."

So now we have a motive for the West to start waging for a concerning situation with Russian military involvement that can escalate the conflict.

continued...

Images produced in gold and silver victims of inflation after the theft of prosperity will be thrown into the fire Disturbed and exsausted by the public debt
Paper and coin shall be pulped.

The heads of states and governments will fabricate imitations of gold excess of paper money. Prophets will make forecasts devoid of sence. Speeches of polititions and economists .The horn of plenty the consumer sosiety shall fall victim to them and violence shall follow peace.

They shall complain about lost wealth and weep over choosing irisposible politicions
Who shall make mistakes from time to time very few men will want to follow them decieved as they will be by their speeches.

Power will be dipised because of the currency devaluation and the people will rebel against the heads of state. Peace will be proclaimed through a new fact sacred laws will be currupted. Never was Paris in such dire disarray.

This is 500 year old and I have known of this only 14 years. At the end of the Olympic Games the world economy will collapse. This happened in 2008 but I expected a big crash.
But the NOC games finished on 7th of August this year and the markets are falling fast. The National Olympics committee also run the world monetary fund.

Bandits go on a rampage in a great drought which will scarcely be an unheard event. There will be too much Amity towards foreign countries the east. The heads of government of the nine will be deduced by the orient China.

edit on 17-9-2015 by piney because: (no reason given)