The information is 5 Years old 2014, Mr T.
A lot happens in 5 years.!
Careful, they ,President and vice President could have resigned..
I note neither you nor Cowichan have not reported Josephs possible dealing with possibly insider information at exacacty the right time, which takes a lot of explaining,
If not impossible.
I say no more.
If I read you right .The ladies of Asia,with their vast amounts of inherited gold ,for many generations.An enormous amount ,will be the new multi billionaires of the future.
That indeed would be a big shock to the status quo.
No more machismo.
lol.
I am afraid that with poor government and opposition party's ,most have given up caring,especially with the sorry state of Brexit.
Mark Carney made comments today ,that were not encouraging.
The energy increase affects companies competitiveness as well as fuelling inflation.
Having been away for several years, I realise just how overpriced everything is in the UK. and it could get much worse.
The main point of the gold standard is those countries with excessive borrowing will suffer a collapse in their paper assets, unless they export at competitive prices worldwide and could only import with gold backed currency,unless they barter !!
That applies to the dollar, especially. Their solution would likely be more military intervention weapons sales( and sanctions), for control of assets,as has been going on for years.
The final solution would likely be default on debts and isolationism.
Or "god forgive" another world war.
Kinesis is a company.
In the event of China or Russia abandoning their currency for it ,which is highly unlikely,then others might consider it as
a real international alternative trading currency.
Until then it has a vertical cliff to climb..
Their Q@A page is insufficient. , but good luck to you Rebess and to Mr T with your investment.
Mr T ,your and your views. I respect and free speech.
But Mr Maguire is not god.Cryptos and even Kiinesis are no different than paper gold, not 100% backed and audited, no different than the federal reserve.
We have been through this crap months ago.
Kinesis is backed by a tiny proportion of physical gold, ,so is not much different than the ETF scams, which will eventually become evident, if a grand crash comes...
When I say not audited I am wrong, but it certainly not backed by 100%Gold so it is not what it appears to be,,is it another paper scam, ,I do not know for sure ,but it is far from clear.
So like bitcoin and the dot com scams it is best do not touch,.
I am sick of smart arsed scammers.
Of course I might be totally wrong. lol
Even if you do not agree ,it is worth thinking about.
Hi Rebess,perhaps soon there will be reckoning with the paper market.
The amount of physical the Russians and most of Asia have accumulated is not without a purpose.
The dollar and Fed cannot maintain momentum forever .
The sanctions are a disaster equally for them as the rest of the world.and of course their budget deficit gets ever larger..
It has been a wake up call to those holding their bonds..
Trump should know from his experience ,but does not seem to address the debt,but his companies have been bankrupt four times,,he didn't suffer ,somebody else did..
Those who lent the money.
Of course printing more paper only works if others believe in the paper.,
.It is becoming apparent that far fewer do.
No audit of their gold reserves ever,very odd ,perhaps their reserves are gold plated tungsten .or just hot air.!!
A gold miner has to take calculated risks on the information they have paid much money for .
Centamin in Egypt is different.
Many years of experience..
They know and so do EMRA the reality.
To most just a quick trade, possible on borrowed money.
The only improvement I see is quarterly dividends makes for less day pirates..