Hooimijt september 2017

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Leo3.14
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Hooimijt september 2017

Post by Leo3.14 » 02 Sep 2017, 06:38

september.bewerkt_ef0802c3-bcfc-4340-9357-afd188cf9be1.jpg
september.bewerkt_ef0802c3-bcfc-4340-9357-afd188cf9be1.jpg (139.49 KiB) Viewed 2463 times
Remember to come back in september....

https://www.beursduivel.be/Column/27005 ... ember.aspx
Goud is een cyclisch metaal.



Zytom
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Joined: 14 Nov 2011, 13:10

Re: Hooimijt september 2017

Post by Zytom » 02 Sep 2017, 22:56

De grootste WWII vliegtuigbom die men ooit in Duitsland gevonden heeft ligt op 600m van de goudvoorraad van de Bundesbank.

https://www.reuters.com/article/us-germ ... SKCN1BB2MH

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Spruitje
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Joined: 19 Oct 2011, 01:34

Re: Hooimijt september 2017

Post by Spruitje » 03 Sep 2017, 15:04

Misschien ligt er maandagmorgen wel 'n waterstofbom ONDER de goudprijs. ;)

Voor de rest ... FAKE NEWS everywhere.

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Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing.
- William Arthur Ward -

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Indiana Jones
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Yuan linked to Gold (doet me aan ANOTHER denken)

Post by Indiana Jones » 04 Sep 2017, 12:42

Posted Sep 4, 2017 by Martin Armstrong

Image

QUESTION: Mr. Armstrong; At the cocktail party in Hong Kong I am the one who asked you how China should
proceed to make the yuan a reserve currency.
You said the rule of law must first protect property and surprisingly you said to issue commodity contracts
redeemable in gold.
Well, everyone knows whatever you seem to advise China does and very fast.
The news is they will now do exactly that.
Start a oil contract redeemable in gold.
Can you explain why you took this position?
You were surrounded at that moment and did not explain in detail why oil should be redeemable in gold.
DK

ANSWER: It was not based upon the rise or fall of gold.
Image
The objective is to establish the yuan as a reserve currency until we reach the Monetary Crisis Cycle conclusion.
The logical step is to try to boost the yuan as a redeemable reserve currency with stability.
You either PEG it to the dollar (unwise for political reasons) or you “LINK” it to gold – but do not PEG it to gold.
If you attempt to PEG the yuan to gold, that would fail for you are making the same mistake as Bretton Woods.
The only possible way is to “LINK” it to gold but on a floating exchange rate.
That way you are encouraging confidence in the yuan allowing it to be redeemed on a floating basis with gold.
Hence, the political risk of the currency is reduced for it could become possible that the currency system breaks apart
and politically currencies could be politically frozen and nonredeemable.
This is a long-term structural reform. Do not expect it to be a real game-changer just yet.
There will be hype, of course, but we are looking at structural reforms that will take some time.
Naturally the hype will claim this is the end of the “petro dollar” for they will use any excuse to call the dollar down.
They do not understand that ONLY a rising dollar will break the world monetary system.
A lower dollar will buy everyone a lot more time because most foreign borrowing is in dollars.
They also are living in the past. The USA is not a net exporter – not an importer.
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.

Leo3.14
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Posts: 1449
Joined: 14 Dec 2013, 21:52

Re: Hooimijt september 2017

Post by Leo3.14 » 05 Sep 2017, 07:22

Goud is een cyclisch metaal.

Ben2
Silver Member
Posts: 254
Joined: 04 Sep 2013, 18:06

Re: Yuan linked to Gold (doet me aan ANOTHER denken)

Post by Ben2 » 05 Sep 2017, 08:54

Indiana Jones wrote:
04 Sep 2017, 12:42
Posted Sep 4, 2017 by Martin Armstrong

Image

QUESTION: Mr. Armstrong; At the cocktail party in Hong Kong I am the one who asked you how China should
proceed to make the yuan a reserve currency.
You said the rule of law must first protect property and surprisingly you said to issue commodity contracts
redeemable in gold.
Well, everyone knows whatever you seem to advise China does and very fast.
The news is they will now do exactly that.
Start a oil contract redeemable in gold.
Can you explain why you took this position?
You were surrounded at that moment and did not explain in detail why oil should be redeemable in gold.
DK

ANSWER: It was not based upon the rise or fall of gold.
Image
The objective is to establish the yuan as a reserve currency until we reach the Monetary Crisis Cycle conclusion.
The logical step is to try to boost the yuan as a redeemable reserve currency with stability.
You either PEG it to the dollar (unwise for political reasons) or you “LINK” it to gold – but do not PEG it to gold.
If you attempt to PEG the yuan to gold, that would fail for you are making the same mistake as Bretton Woods.
The only possible way is to “LINK” it to gold but on a floating exchange rate.
That way you are encouraging confidence in the yuan allowing it to be redeemed on a floating basis with gold.
Hence, the political risk of the currency is reduced for it could become possible that the currency system breaks apart
and politically currencies could be politically frozen and nonredeemable.
This is a long-term structural reform. Do not expect it to be a real game-changer just yet.
There will be hype, of course, but we are looking at structural reforms that will take some time.
Naturally the hype will claim this is the end of the “petro dollar” for they will use any excuse to call the dollar down.
They do not understand that ONLY a rising dollar will break the world monetary system.
A lower dollar will buy everyone a lot more time because most foreign borrowing is in dollars.
They also are living in the past. The USA is not a net exporter – not an importer.

Ik heb het deze morgen ook zien staan op de site van Armstrong. Hij beschrijft VRIJGOUD. Ik viel haast achterover!!!

"""The only possible way is to “LINK” it to gold but on a FLOATING exchange rate. That way you are encouraging confidence in the yuan allowing it to be redeemed on a FLOATING basis with gold. """ = VRIJGOUD!!!!!!!!!!!!!!!!!!!


http://russia-insider.com/en/politics/g ... an/ri20807
Game Changer: China to Buy Oil With Gold-Backed Yuan.
Oil exporters such as Russia and Iran will soon be able to bypass the US dollar — and convert their yuan into gold.
The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan.

Ben2
Silver Member
Posts: 254
Joined: 04 Sep 2013, 18:06

Re: Hooimijt september 2017

Post by Ben2 » 05 Sep 2017, 09:02

https://asia.nikkei.com/Markets/Commodi ... old?page=2

"""If Saudi Arabia accepts yuan settlement for oil, Gave said, "this would go down like a lead balloon in Washington, where the U.S. Treasury would see this as a threat to the dollar's hegemony... and it is unlikely the U.S. would continue to approve modern weapon sales to Saudi and the embedded protection of the House of Saud [the kingdom's ruling family] that comes with them."""

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doubleyou
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Posts: 1685
Joined: 05 Oct 2011, 22:25

Re: Hooimijt september 2017

Post by doubleyou » 07 Sep 2017, 18:16

zo gaat ie goed, zo gaat ie beter, alweer...
op naar de $-koers van eind...2010 ! -> nog 80 te gaan
Pas daarna kunnen we beginnen dromen van de topkoersen 2011-2012.
"Feeling good, safe and prepared for the future with my own created Central Bank" (doubleyou)

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doubleyou
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Posts: 1685
Joined: 05 Oct 2011, 22:25

Re: Hooimijt september 2017

Post by doubleyou » 14 Sep 2017, 01:06

And up.
And down.

Geeuw...

Aan dit tempo van goudpostings (er valt niks te beleven) hebben we eigenlijk geen nood meer aan een maandelijkse draad, en kunnen we het makkelijk doen met een jaar-draad. Misschien slaat daarna de vlam in de pan.
Tot later nog eens.
dubbele
"Feeling good, safe and prepared for the future with my own created Central Bank" (doubleyou)

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