@jmski52 said:
Forget BRICs, it's a non-entity._
Even if you click your heels three times and make a wish, the BRICS aren't going away. China and Japan, the two >biggest holders of US debt are dumping it and the Fed is buying it. that's inflationary, on top of the debt problem.
Say what you want about this ponzi inside a shell game but it's not going to turn out well.
End the Fed. Buy PMs.
They've already stopped selling U.S. debt as they don't want their currencies rising any more.
Total debt is more relevant and the U.S. beats everybody in debt servicing ability given our dynamic economy and ability to grow nominal GDP and not fall into the Denominator Trap.
Here's the LOL....the GDP of India, Brazil, Russia are all less than the market of Microsoft.
But wait there's more....the median net worth of folk in India and Russia is less than 1 ounce if gold..
If they are so insignificant, why is Trump threatening a 100% tariff (or more) any country who aligns with BRICS?
It's important to note that their GDPs will benefit from not being subject to the Western banking system's fees and the use of political weaponization like Canada's debanking of the truckers, or the US's confiscation of Russian assets.
The Reality - it's not insignificant.
Q: Are You Printing Money? Bernanke: Not Literally
"A larger BRICS challenges the dominance of existing global institutions, such as the World Bank and the International Monetary Fund, that are strongly influenced by the West. It also further weakens the relevance of the G-20, a grouping founded in 1999 to seek economic policy alignment among the largest industrialized and developing economies. Indeed, the G20 is fraying at both ends: its seven most economically advanced members are strengthening their ties through the G7, while its six large developing economies are asserting their own voices within BRICS+."
No Way Out: Stimulus and Money Printing Are the Only Path Left
@jmski52 said: Here's the LOL....the GDP of India, Brazil, Russia are all less than the market of Microsoft.
But wait there's more....the median net worth of folk in India and Russia is less than 1 ounce if gold..
If they are so insignificant, why is Trump threatening a 100% tariff (or more) any country who aligns with BRICS?
So back to OP....is the next $500 move higher or lower?
I'm still stuck at rangebound for the near term with the occasional TACO Tantrum swing in either direction. Longterm I'll take HGHR for $500. 'Merica. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
Yawn, where on earth do you come up with this nonsense from? Please step out into the sunshine today. Even if you can only do it for 5 minutes. Get some light and fresh air on that grape of yours. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@jmski52 said: Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
Yawn, where on earth do you come up with this nonsense from? Please step out into the sunshine today. Even if you can only do it for 5 minutes. Get some light and fresh air on that grape of yours. RGDS!
Maybe you should get out of the sun and do some research. REGARDS!
@jmski52 said: Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
Yawn, where on earth do you come up with this nonsense from? Please step out into the sunshine today. Even if you can only do it for 5 minutes. Get some light and fresh air on that grape of yours. RGDS!
Maybe you should get out of the sun and do some research. REGARDS!
These PM bugs are by far the most paranoid group of individuals I have ever known. Their entire existence is doom and gloom, the sky is falling blah blah blah. They have been calling for it for decades and while doing so missed the greatest creation of wealth in the history of mankind. BOOMIN!™. Wake up and get busy Livin! THKS!!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@jmski52 said: Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
Yawn, where on earth do you come up with this nonsense from? Please step out into the sunshine today. Even if you can only do it for 5 minutes. Get some light and fresh air on that grape of yours. RGDS!
Maybe you should get out of the sun and do some research. REGARDS!
These PM bugs are by far the most paranoid group of individuals I have ever known. Their entire existence is doom and gloom, the sky is falling blah blah blah. They have been calling for it for decades and while doing so missed the greatest creation of wealth in the history of mankind. BOOMIN!™. Wake up and get busy Livin! THKS!!!
.
You rehash this same drivel over and over again. You seem to be very afraid of something.
@jmski52 said: @blitzdude - why has gold been going up? You should enlighten us.
If I gave you the honest answer I would end up in jail/banned whatever they decide to do. It's 100% political and you are not going to bait me down that hole which is what you are trying to do.
THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@jmski52 said: @blitzdude - why has gold been going up? You should enlighten us.
I'll take a stab at that one: Foreign Central bank accumulation.
While nations await the outcome of the dollar's uncertainty as the world's reserve currency, they are reducing their dollar exposure (US debt) and are turning to gold which can easily be converted to any currency when the dust settles. They know gold is the ultimate currency in times of uncertainty.
No Way Out: Stimulus and Money Printing Are the Only Path Left
you are not going to bait me down that hole which is what you are trying to do
The only thing I want you to realize is that there are several reasons that gold is going up - and it's not because anyone is a doom & gloomer or any kind of paranoid. You seem to be the one who is living with his head in the sand.
Could it be that we as a country are way over our heads in sovereign debt and that is negatively affecting our bond market? The rest of the world knows it, because the rest of the world has the same problem, even worse in many cases.
Why is gold going up? It ain't because of little green men.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: @blitzdude - why has gold been going up? You should enlighten us.
I'll take a stab at that one: Foreign Central bank accumulation.
While nations await the outcome of the dollar's uncertainty as the world's reserve currency, they are reducing their dollar exposure (US debt) and are turning to gold which can easily be converted to any currency when the dust settles. They know gold is the ultimate currency in times of uncertainty.
Yes, and, perhaps they recognize the imminent global debt crisis. Doom and gloom I guess but anyone who thinks debt levels can keep increasing without consequences subscribes to different economic beliefs than I do.
Comments
They've already stopped selling U.S. debt as they don't want their currencies rising any more.
Total debt is more relevant and the U.S. beats everybody in debt servicing ability given our dynamic economy and ability to grow nominal GDP and not fall into the Denominator Trap.
LOL, they are growing in size, now 40% of the world population.
No Way Out: Stimulus and Money Printing Are the Only Path Left
All the people and none of the money.
Knowledge is the enemy of fear
Four of the world's largest economies are with BRICS. China is #2, India is #4, Brazil is #10 and Russia is number #11.
none of the money? LOL
No Way Out: Stimulus and Money Printing Are the Only Path Left
Only India is decent on nominal GDP growth. Brazil, despite the pre-salt, has a stagnating economy.
Here's the LOL....the GDP of India, Brazil, Russia are all less than the market of Microsoft.
But wait there's more....the median net worth of folk in India and Russia is less than 1 ounce if gold..
They gots lots 'o people.
Knowledge is the enemy of fear
Here's the LOL....the GDP of India, Brazil, Russia are all less than the market of Microsoft.
But wait there's more....the median net worth of folk in India and Russia is less than 1 ounce if gold..
If they are so insignificant, why is Trump threatening a 100% tariff (or more) any country who aligns with BRICS?
It's important to note that their GDPs will benefit from not being subject to the Western banking system's fees and the use of political weaponization like Canada's debanking of the truckers, or the US's confiscation of Russian assets.
The Reality - it's not insignificant.
I knew it would happen.
"Know thy enemy . . . "
An Evolving BRICS+ and the Shifting World Order
"A larger BRICS challenges the dominance of existing global institutions, such as the World Bank and the International Monetary Fund, that are strongly influenced by the West. It also further weakens the relevance of the G-20, a grouping founded in 1999 to seek economic policy alignment among the largest industrialized and developing economies. Indeed, the G20 is fraying at both ends: its seven most economically advanced members are strengthening their ties through the G7, while its six large developing economies are asserting their own voices within BRICS+."
No Way Out: Stimulus and Money Printing Are the Only Path Left
.
This is a recipe for war.
.
Better don your helmet and lock yourself back up in that bunker of yours. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Why do bullys always pick on the weakest?
Knowledge is the enemy of fear
You're avoiding the real question: What threat from BRICS+ does the bully's economic advisors foresee?
No Way Out: Stimulus and Money Printing Are the Only Path Left
No idea. But i do think they see a lot of things that are non-existent.
But maybe you're missing the real question.....why do bullies always pick on the weakest?
So back to OP....is the next $500 move higher or lower?
Knowledge is the enemy of fear
I'm still stuck at rangebound for the near term with the occasional TACO Tantrum swing in either direction. Longterm I'll take HGHR for $500. 'Merica. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
You are proof that that is not always the case.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Yeah....i do get picked on a lot.
Knowledge is the enemy of fear
Appears there will be a meeting in the middle as the Brics try to be more like the US and the US more like the Brics.
Knowledge is the enemy of fear
Forget BRICs, it's a non-entity. You have no rule of law in those countries and no private property rights.
Let's talk about "rule of law". If you keep money in the bank, the laws have been changed so that you are now an "unsecured creditor" when the bank goes bankrupt. How's that for private property rights?
"you will own nothing" didn't come out of the mouths of the BRICS.
I knew it would happen.
Yawn, where on earth do you come up with this nonsense from? Please step out into the sunshine today. Even if you can only do it for 5 minutes. Get some light and fresh air on that grape of yours. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
where on earth do you come up with this nonsense from?
Maybe you should turn off the TV.
Here's a brain teaser for you - why has gold been going up?
I knew it would happen.
Maybe you should get out of the sun and do some research. REGARDS!
http://ProofCollection.Net
These PM bugs are by far the most paranoid group of individuals I have ever known. Their entire existence is doom and gloom, the sky is falling blah blah blah. They have been calling for it for decades and while doing so missed the greatest creation of wealth in the history of mankind. BOOMIN!™. Wake up and get busy Livin! THKS!!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
.
You rehash this same drivel over and over again. You seem to be very afraid of something.
.
@blitzdude - why has gold been going up? You should enlighten us.
I knew it would happen.
If I gave you the honest answer I would end up in jail/banned whatever they decide to do. It's 100% political and you are not going to bait me down that hole which is what you are trying to do.
THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I'll take a stab at that one: Foreign Central bank accumulation.
While nations await the outcome of the dollar's uncertainty as the world's reserve currency, they are reducing their dollar exposure (US debt) and are turning to gold which can easily be converted to any currency when the dust settles. They know gold is the ultimate currency in times of uncertainty.
No Way Out: Stimulus and Money Printing Are the Only Path Left
you are not going to bait me down that hole which is what you are trying to do
The only thing I want you to realize is that there are several reasons that gold is going up - and it's not because anyone is a doom & gloomer or any kind of paranoid. You seem to be the one who is living with his head in the sand.
Could it be that we as a country are way over our heads in sovereign debt and that is negatively affecting our bond market? The rest of the world knows it, because the rest of the world has the same problem, even worse in many cases.
Why is gold going up? It ain't because of little green men.
I knew it would happen.
Yes, and, perhaps they recognize the imminent global debt crisis. Doom and gloom I guess but anyone who thinks debt levels can keep increasing without consequences subscribes to different economic beliefs than I do.
http://ProofCollection.Net