Member Info for MrBond46

Or mabe its simply to lower GP for the US banks to build their reseves, Basel 3 again maybe.

I takes time to sink in Lucky, give it a few more days, unless the FED decided to put the mockers and their curse on GP again. The FED and GOV want to keep a strong dollar,dont know why other than they believe it maintains confidnce in the US $.

I think you are 100% right there.

Gold :another leg higher?

Interesting for some.

A very intresting look at the realility.

Love it or not , the real truth ?

Jonathon Da Silva.

Bears try to strike back-but trnd still intact.

Good article, just as I thought.

Once the rest of the massaged statistics have been published this week ,then we will know for sure.

US is in a bt of a mess ,overall.

Looks like Basel 3 has hobbled them .

The problem being now you cannot log out.

Seems like a balls up.

I cannot imagine you sitting down on a bench,in a street party. Eating pie and then jelly trifle. Arriving in a Ferrari.

The reason is apparently poor choices in their investment portolios.
Sounds familiar, like sub prime.

More Banks under"Stress".
Western Alliance and PacWest.
Trading temporarly suspended.
So it seems Powell ,is not in the know or choises to ignore .

Then he has admitted a definate threat.
He is lying.
As is normal.
Along with their real reseveves supposedly stached in underground vaults for no inspections.
National Security no doubt , the lack of inspections and audits.
IMHO

I might even consider buying a new string vest and pants if it continues.

Gold closes at 2039.62 not to shabby, as modern lingo goes,

An excellent ,surprising rise today.
Pity if it dosnt continue,but I think sentiment is not sufficiently high.
Tommorrow will probably mean profit taking , the market is very nervous.

There moral ground is clear to see , in politics today there are none, just money and piracy. Plus jealousy.
Take over where you wish, with assets ,and plunder.
This is modern day history.

Incedentally China is producing 330 tonnes annually, making it world largest producer.
updated 2023.

More Central banks pile into gold:Singapore added 17-3 tonnes to its reserves in March. Kitco. Anna.
If you read the article note, China added,but only reports inmorts ,not home produced buys.
Of which it buys the total home production. no exports .

US debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out.
Kitco news. Reuters.
It will simply send a signal to the rest of the world ,of the truth.

Thanks Lucky, "You know it makes sense" .from Only fools and horses ,a wonderful Dell Boy quote..

Should read First republica,typo.
Infation double edged sword using more rate hikes ,could cause more problems for the Banksters with their dodgy dealing. Rate hike already in the algos, but algos are only as good as their programmers.