"These nations have been driven to this extreme, time-consuming, and difficult project by clueless US leaders who have imposed sanctions on Russian assets (literally stealing them) and have denied Russia and other nations from using the SWIFT messaging system for trade settlement."
Sounds like a cry baby Russian apologist and sympathizer.
"These nations have been driven to this extreme, time-consuming, and difficult project by clueless US leaders who have imposed sanctions on Russian assets (literally stealing them) and have denied Russia and other nations from using the SWIFT messaging system for trade settlement."
Sounds like a cry baby Russian apologist and sympathizer.
and how do you think you sound when you belittle others when the don't agree with you. Accept it, there will always be others that disagree with you and from what you have shown thus far, they are most likely to be correct. At least you can now drink cool aid of a better flavor.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
"These nations have been driven to this extreme, time-consuming, and difficult project by clueless US leaders who have imposed sanctions on Russian assets (literally stealing them) and have denied Russia and other nations from using the SWIFT messaging system for trade settlement."
Sounds like a cry baby Russian apologist and sympathizer.
and how do you think you sound when you belittle others when the don't agree with you. Accept it, there will always be others that disagree with you and from what you have shown thus far, they are most likely to be correct. At least you can now drink cool aid of a better flavor.
I hope you listen to your own words.
Disagreement is awesome. The dissemination of misinformation is not. And i certainly hope you understand.
@derryb said:
So, everything you disagree with is misinformation? That's kind of approaching narcissism.
I don't disagree with anything that is fact.
But you do....is there a word for that?
2 words I believe. As per The Cleveland Clinic: Delusional disorder is a type of mental health condition in which a person can't tell what's real from what's imagined. There are many types, including persecutory, jealous and grandiose types. It's treatable with psychotherapy and medication. RGDS!
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar. If you can't see this you have your eyes closed.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar.
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar.
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
And if all 10,000 of those asteroids were created for the sole purpose of destroying the USA? What would the odds then become? LOL
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar.
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
And if all 10,000 of those asteroids were created for the sole purpose of destroying the USA? What would the odds then become? LOL
Well, it's your discussion, so you can say they they ain't out to destroy and are out to destroy in a span of less than 24 hours.. That's either hypocritical, confused or just gibberish. Maybe all?
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar.
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
And if all 10,000 of those asteroids were created for the sole purpose of destroying the USA? What would the odds then become? LOL
Well, it's your discussion, so you can say they they ain't out to destroy and are out to destroy in a span of less than 24 hours.. That's either hypocritical, confused or just gibberish. Maybe all?
again, you make little sense.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
@derryb said:
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Excellent. Good for them. Wish them good fortune. They are not the threat.
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar.
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
And if all 10,000 of those asteroids were created for the sole purpose of destroying the USA? What would the odds then become? LOL
Well, it's your discussion, so you can say they they ain't out to destroy and are out to destroy in a span of less than 24 hours.. That's either hypocritical, confused or just gibberish. Maybe all?
again, you make little sense.
Again, you don't even understand what you write.
Back to topic....it appears the US is attempting to create a power void in Africa. That's good for China's expansion in the region.
@cohodk said:
What did gold "tell" us when it dropped from 1900 to 1000 a decade ago?
It got ahead of itself...it thought the EU would fall apart and national currencies would be floating/sinking. Also fears those CB's and countries would sell gold on the open market.
Fears of all that gold mining CAPX increasing supplies...I remember predictions for 4,000 tons per year and even 5,000 by 2020. We're still in the mid-3's !!!
@cohodk said:
What did gold "tell" us when it dropped from 1900 to 1000 a decade ago?
It got ahead of itself...it thought the EU would fall apart and national currencies would be floating/sinking. Also fears those CB's and countries would sell gold on the open market.
So gold "thinks" or "says" just as those who trade it. It does not think or say for itself. Glad we are getting this anthropomorphism nonsense out of the way as it has no place in reason or logic.
Currencies are not an asset class and there is no long-term risk premium to capture. Instead, they are merely a relative trade compared to another currency
Quantity....check.....Quality.....check........BOOMIN!™......Double......Double check. Exit bunker, get sunshine, return brain to reality, live life. THKS!
@RedneckHB said:
So gold "thinks" or "says" just as those who trade it. It does not think or say for itself. Glad we are getting this >anthropomorphism nonsense out of the way as it has no place in reason or logic.
The MARKET is saying that. And that's a metaphor because obviousley a "market" doesn't talk.
@RedneckHB said:
Why are they issuing bonds denominated in dollars? Why not their own currency, or reals, roubles or yuan?
Because if they intend to pay the interest and principal back, they save alot of money by issuing the bonds in dollars. That's why the dollar bond market is $7 trillion. We are the global reserve currency.
Sometimes you can't borrow in your local currency. Nobody wants 50 trillion quintillion Zimbabwe dollars !!!
Comments
Sounds like a cry baby Russian apologist and sympathizer.
Knowledge is the enemy of fear
,> @cohodk said:
and how do you think you sound when you belittle others when the don't agree with you. Accept it, there will always be others that disagree with you and from what you have shown thus far, they are most likely to be correct. At least you can now drink cool aid of a better flavor.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
I hope you listen to your own words.
Disagreement is awesome. The dissemination of misinformation is not. And i certainly hope you understand.
BTW--Spain is now in the Brics. Hahahaha
Knowledge is the enemy of fear
So, everything you disagree with is misinformation? That's kind of approaching narcissism.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
I don't disagree with anything that is fact.
But you do....is there a word for that?
Knowledge is the enemy of fear
2 words I believe. As per The Cleveland Clinic: Delusional disorder is a type of mental health condition in which a person can't tell what's real from what's imagined. There are many types, including persecutory, jealous and grandiose types. It's treatable with psychotherapy and medication. RGDS!
Consider the possibility that BRICS countries may not be seeking to destroy the U.S. dollar but they are simply looking for a hedge against it.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Excellent. Good for them. Wish them good fortune. They are not the threat.
Knowledge is the enemy of fear
They are a threat to the petrodollar, something that will have serious repercussions for the future of the dollar. If you can't see this you have your eyes closed.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Yes, blind like the astronomer that sees 10,000 asteroids but isn't concerned one will destroy the USA.
Your scenario is unlikely...unless we become a Bric.
Knowledge is the enemy of fear
And if all 10,000 of those asteroids were created for the sole purpose of destroying the USA? What would the odds then become? LOL
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Well, it's your discussion, so you can say they they ain't out to destroy and are out to destroy in a span of less than 24 hours.. That's either hypocritical, confused or just gibberish. Maybe all?
Knowledge is the enemy of fear
again, you make little sense.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
Again, you don't even understand what you write.
Back to topic....it appears the US is attempting to create a power void in Africa. That's good for China's expansion in the region.
Knowledge is the enemy of fear
It got ahead of itself...it thought the EU would fall apart and national currencies would be floating/sinking. Also fears those CB's and countries would sell gold on the open market.
Fears of all that gold mining CAPX increasing supplies...I remember predictions for 4,000 tons per year and even 5,000 by 2020. We're still in the mid-3's !!!
So gold "thinks" or "says" just as those who trade it. It does not think or say for itself. Glad we are getting this anthropomorphism nonsense out of the way as it has no place in reason or logic.
Knowledge is the enemy of fear
What does the price of gold tell us ?
It tells us the level of confidence in the global and national financial structures.
It tells us it's going up just like every other asset on the planet. RGDS!
No, gold tells us that faith in the financial system, the FED, and the currency is swirling around the drain.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards
.
Are foreign currencies an "asset" ?
Is the US Dollar an "asset" ?
Are they "going up" (in value) ?
.
https://www.commonfund.org/blog/is-currency-an-asset-class
Currencies are not an asset class and there is no long-term risk premium to capture. Instead, they are merely a relative trade compared to another currency
Knowledge is the enemy of fear
My bank accounts and salary certainly is. RGDS!
.
You mistake "quantity" for "quality".
.
Quantity....check.....Quality.....check........BOOMIN!™......Double......Double check. Exit bunker, get sunshine, return brain to reality, live life. THKS!
Why are they issuing bonds denominated in dollars? Why not their own currency, or reals, roubles or yuan?
https://finance.yahoo.com/news/qatar-sells-dollar-bonds-months-103255334.html
Knowledge is the enemy of fear
The MARKET is saying that. And that's a metaphor because obviousley a "market" doesn't talk.
I think we can ignore semantics, Red.
Because if they intend to pay the interest and principal back, they save alot of money by issuing the bonds in dollars. That's why the dollar bond market is $7 trillion. We are the global reserve currency.
Sometimes you can't borrow in your local currency. Nobody wants 50 trillion quintillion Zimbabwe dollars !!!
I did! And it's now actually worth more than I paid for it.
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards