But the more I think about it, the more I think the OP may be correct. As China suffocates under its own weight, and spends it reserves on trying to maintain the unsustainable, PMs will be influenced by the Chinese economy----negatively. >>
1) 2) 3)
MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
In Old Canton my employer is finding it more and more difficult to do business with the ChiComm's to the degree they are considering leaving the Guangzhou cargo facility to build a new sort hub in Viet Nam or Singapore. The Chinese are very inflexible when it comes to our ever changing and evolving flight schedule. I'm sure there's more to this story than I, a mere cog, will ever know. So who gets the new cargo hub if/when 'Purple' leaves? The ChiComm's of course.
Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall.
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
Ufortunately American retirees and savers are taking the fall with zero interest rates to keep the debt down to only $15T.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
It is this attitude that will lead to Americans (and Greeks, and Italians, and..) being cut off from their previously enjoyed endless amount of credit.
One of my main reasons for stacking is avoiding all the counterparty risk involved in the complicated web of debt/credit/leverage/etc. With PMs in my hand, I have no liabilities from people with the attitude expressed above.
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
Ufortunately American retirees and savers are taking the fall with zero interest rates to keep the debt down to only $15T. >>
Agreed. So maybe its time for the largest demographic to make their voices heard.
Just to add to some comments made earlier in the thread.
came across an interesting description of gold today:
"a lump of non-yielding, relatively useless metal that does so little, it doesn't even rust."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
our leader is currently crying "foul" on chinese import tariffs on US cars, but is failing to mention he started it with tariffs on imported chinese tires. Let the trade wars and protectionism begin. Globalization in reverse. I like it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Probably no one would be very happy or feel very safe about the yuan or even a "basket" of curriencies becaming the basis for an international currency/trade.
But having the dollar as the international currency has been a disastrous drug for us, and has allowed us to borrow into ruin.
Despite the considerable pain and seizures such a withdrawal would visit on the US, it's better to suffer it sooner than later.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
What's crazy is trying to read those too long paragraphs in b'old'-man text. Holy word-bleed batman, urgh. Gives this 20yr webmaster/designer dude a headache.
<< <i>What's crazy is trying to read those too long paragraphs in b'old'-man text. Holy word-bleed batman, urgh. Gives this 20yr webmaster/designer dude a headache. >>
Link changed to Willie's own website, try again.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>What's crazy is trying to read those too long paragraphs in b'old'-man text. Holy word-bleed batman, urgh. Gives this 20yr webmaster/designer dude a headache. >>
Link changed to Willie's own website, try again. >>
Better, thanks.
He still needs to bust those paragraphs up a bit though. Helps folks read and retain online material better. At least that's what all the design books they have us look at every year say, ha.
He is not a happy person. Poor soul. Smart though--feeding on the insecurities of the public. He belittles the capitalist system, yet fully embraces it.
However, not sure if I should offer him my sypathies, or his followers.
Comments
<< <i>MJ, Check in the mail.
I think derryb was being facetious.
But the more I think about it, the more I think the OP may be correct. As China suffocates under its own weight, and spends it reserves on trying to maintain the unsustainable, PMs will be influenced by the Chinese economy----negatively. >>
1)
2)
3)
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall.
Knowledge is the enemy of fear
<< <i>
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
<< <i>
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
Ufortunately American retirees and savers are taking the fall with zero interest rates to keep the debt down to only $15T.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
It is this attitude that will lead to Americans (and Greeks, and Italians, and..) being cut off from their previously enjoyed endless amount of credit.
One of my main reasons for stacking is avoiding all the counterparty risk involved in the complicated web of debt/credit/leverage/etc. With PMs in my hand, I have no liabilities from people with the attitude expressed above.
<< <i>
<< <i>
<< <i>Is spending reserves on trying to maintain the unsustainable better or worse than spending borrowed money to maintain the unsustainable? Which will fail first? That is the 15 Trillion dollar question. >>
I would rather squander other "People's Republic of China" money than my own. Let the loaner take the fall. >>
Ufortunately American retirees and savers are taking the fall with zero interest rates to keep the debt down to only $15T. >>
Agreed. So maybe its time for the largest demographic to make their voices heard.
Just to add to some comments made earlier in the thread.
http://english.caixin.com/2012-07-03/100406919.html
Knowledge is the enemy of fear
"a lump of non-yielding, relatively useless metal that does so little, it doesn't even rust."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
How much of it is BS?
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
But having the dollar as the international currency has been a disastrous drug for us, and has allowed us to borrow into ruin.
Despite the considerable pain and seizures such a withdrawal would visit on the US, it's better to suffer it sooner than later.
Here's a warning parable for coin collectors...
<< <i>Wilie lives in a world all unto himself. He has my sympathies. >>
That crazy Jim Willie is at it again
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I knew it would happen.
<< <i>What's crazy is trying to read those too long paragraphs in b'old'-man text. Holy word-bleed batman, urgh. Gives this 20yr webmaster/designer dude a headache. >>
Link changed to Willie's own website, try again.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>What's crazy is trying to read those too long paragraphs in b'old'-man text. Holy word-bleed batman, urgh. Gives this 20yr webmaster/designer dude a headache. >>
Link changed to Willie's own website, try again. >>
Better, thanks.
He still needs to bust those paragraphs up a bit though. Helps folks read and retain online material better. At least that's what all the design books they have us look at every year say, ha.
<< <i>
<< <i>Wilie lives in a world all unto himself. He has my sympathies. >>
That crazy Jim Willie is at it again
Like I said.
He is not a happy person. Poor soul. Smart though--feeding on the insecurities of the public. He belittles the capitalist system, yet fully embraces it.
However, not sure if I should offer him my sypathies, or his followers.
Knowledge is the enemy of fear