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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: cmg who wrote (103231)10/13/2013 7:19:41 PM
From: TobagoJack  Read Replies (1) | Respond to of 217781
 
to be cogent, i think ...

(i) this book en.wikipedia.org "currency wars" was a best seller, still much talked about even amongst people who never saw a copy, and given that ~600K copies were printed and sold, i believe perhaps 6M people are aware of the book, and maybe 60M people are cognizant of the concept

(ii) china officialdom had been preparing its population for de-americanisation of savings since perhaps 1985, and very specifically executing gold reform Message 25916530 alongside all other reconstitutions

(iii) the real world developments have been accelerating of late, since 2008, when it was absolutely clear that the global monetary system china wishes to be able to opt out of is actually broken and that sooner or later all others must opt out of

(iv) in china, given the recent (2010 onward) and socially necessary suppression of real estate speculation per 'preventing a bubble', the ipo force-feed that makes the shanghai stock market a less interesting place than the macao risk exchange, and the pointless national treasury bond instruments given fiat money inflation, folks are gradually but certainly being constrained by the disappearing of investible sectors, hedge-able instruments, and good-enough collaterals.

(v) the same process is actually happening all around the world except that given the financial market 'sophistication' everywhere else (deeper markets, more exchange-traded items, faster price reset / discovery and trading-the-bounce) the destination of investment money is confused easier

(vi) gold shall be the last investible asset class, unless one treats bullets as an asset class, that which shall reign supreme right after gold goes into deep-keep hiding

(vii) given above, what should folks w/ idle savings do? remember, in my part of the world savings does not include stocks (play thing) and bonds (stupid), and really does not include real estate (stuff). savings effectively means money that can be deployed to anything else.

(viii) savings is growing, as true income rises, and therefore gold holdings must rise. the savings action is made easier as jpm / fed / ws insist on making more gold available than is annually mined.

the amount of gold that de-camped gld etf is on par w/ china import of gold ytd

and as gold is not actually consumed when the jewelry in these parts, as correctly pointed out by haim is 24k. at such purity, jewelry is savings.

(ix) as the china savings continue to rise even as nyse gld price remain low or goes lower, more good collateral disappears across hong kong's northern border. either the paper-gold world trades at higher hypothecation multiple / leverage or the paper-gold transaction volume must reduce, but perhaps in the interim still more physical gold is permanently 'borrowed' from the western central banks including the fed

(x) as the german parliament discovered that it takes the fed 7 years to deliver a pitiful mass of gold when it takes hong kong a few weeks to transit same granted request and a year to deal-in same total requirement, am guessing that the fed gold is ... mostly gone or as good as gone

the bank run shall be, and for those who think they can dial-in and getgold as needed per eventual dire imperative, best re-think

(xi) as and when the day of global re-think actuate, i would imagine the financial markets shall question the issues of what is real, unencumbered, money-good collateral, and what are mere representations of wealth underpinned by laws to be changed at will, contracts to be voided, bailed-in, seized, or otherwise vaporized

cheers, tj

p.s. ... and remember, i am the quintessential optimist who discount the possibilities of global war, mass refugeedom, pervasive civil wars, and such same

but yes, i do believe we are now playing for keeps, because this time is different

and the time line remains Message 29152659

"... 2018 07 18 - 2026 07 18 ..."



To: cmg who wrote (103231)10/13/2013 11:09:35 PM
From: TobagoJack  Read Replies (1) | Respond to of 217781
 
america has forever been b&m-ing about the alleged lack of transparency of china intentions, a charge i have always viewed with mirth

here is transparency-promoting editorial sanctioned by the new sovereign, and i clipped / pasted the messaging into nsa-front google translate and the message was not lost

news.xinhuanet.com

Commentary: U.S. fiscal failure warrants a de-Americanized world
By Xinhua writer Liu Chang

BEIJING, Oct. 13 (Xinhua) -- As U.S. politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanized world.

Emerging from the bloodshed of the Second World War as the world's most powerful nation, the United States has since then been trying to build a global empire by imposing a postwar world order, fueling recovery in Europe, and encouraging regime-change in nations that it deems hardly Washington-friendly.

With its seemingly unrivaled economic and military might, the United States has declared that it has vital national interests to protect in nearly every corner of the globe, and been habituated to meddling in the business of other countries and regions far away from its shores.

Meanwhile, the U.S. government has gone to all lengths to appear before the world as the one that claims the moral high ground, yet covertly doing things that are as audacious as torturing prisoners of war, slaying civilians in drone attacks, and spying on world leaders.

Under what is known as the Pax-Americana, we fail to see a world where the United States is helping to defuse violence and conflicts, reduce poor and displaced population, and bring about real, lasting peace.

Moreover, instead of honoring its duties as a responsible leading power, a self-serving Washington has abused its superpower status and introduced even more chaos into the world by shifting financial risks overseas, instigating regional tensions amid territorial disputes, and fighting unwarranted wars under the cover of outright lies.

As a result, the world is still crawling its way out of an economic disaster thanks to the voracious Wall Street elites, while bombings and killings have become virtually daily routines in Iraq years after Washington claimed it has liberated its people from tyrannical rule.

Most recently, the cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonized.

Such alarming days when the destinies of others are in the hands of a hypocritical nation have to be terminated, and a new world order should be put in place, according to which all nations, big or small, poor or rich, can have their key interests respected and protected on an equal footing.

To that end, several corner stones should be laid to underpin a de-Americanized world.

For starters, all nations need to hew to the basic principles of the international law, including respect for sovereignty, and keeping hands off domestic affairs of others.

Furthermore, the authority of the United Nations in handling global hotspot issues has to be recognized. That means no one has the right to wage any form of military action against others without a UN mandate.

Apart from that, the world's financial system also has to embrace some substantial reforms.

The developing and emerging market economies need to have more say in major international financial institutions including the World Bank and the International Monetary Fund, so that they could better reflect the transformations of the global economic and political landscape.

What may also be included as a key part of an effective reform is the introduction of a new international reserve currency that is to be created to replace the dominant U.S. dollar, so that the international community could permanently stay away from the spillover of the intensifying domestic political turmoil in the United States.

Of course, the purpose of promoting these changes is not to completely toss the United States aside, which is also impossible. Rather, it is to encourage Washington to play a much more constructive role in addressing global affairs.

And among all options, it is suggested that the beltway politicians first begin with ending the pernicious impasse.



To: cmg who wrote (103231)10/13/2013 11:14:54 PM
From: TobagoJack1 Recommendation

Recommended By
dvdw©

  Read Replies (1) | Respond to of 217781
 
goodby big mac, bit by bit, and hello xiao lung bao (small steamer dumplings), by and by ...

we must start to regularly search the key concept, "de-americanize" as part of watch & brief

... and in alignment w/ de-americanization, japan car company (nissan) infiniti w/ global hq situated in edward snowdon-endorsed freedom island hong kong announces,

autoblog.com
Infiniti aims to "de-Americanize" lineup, add flagship


Nissan launched Infiniti back in 1989 as a US brand, but more recently, Nissan's luxury marque has started focusing on more of a global presence. With a new global headquarters set up in Hong Kong and former Audi bigwig Johan de Nysschen at the helm, Wards Auto is reporting that the automaker's next goal is to create a "de-Americanized" lineup of vehicles.

This plan essentially consists of smaller cars and smaller-displacement engines to make Infiniti more attractive for buyers in Europe and Asia – two regions that tend to skew more toward smaller vehicles and smaller powerplants. To this point, Infiniti has been focused on vehicles better-suited to the US market – in fact, its smallest engine is a 3.7-liter V6 with 330 horsepower, and it doesn't offer a single diesel.

The first step in this transformation will be part of the Daimler-Nissan engine deal that will see a four-cylinder diesel eventually used in the 2014 Q50, but the report also reconfirms the importance of the soon-to-arrive Q30 production model (a concept of which was revealed last week in Frankfurt), along with the idea of a QX30 based on the Nissan Qashqai. There's also the latest projection of a full-electric Infiniti model that Wards says will debut sometime around 2015. Of course, Infiniti isn't giving up on large cars entirely – the reports indicates that Infiniti is planning a fullsize flagship model – possibly named Q80 – to compete against German sedans like the Audi A8, BMW 7 Series and Mercedes-Benz S-Class.

This global strategy was likely a key factor in the brand's decision to rename its entire current lineup including the well-established G. Like all luxury automakers, Infiniti is eyeing growth in China, and it has plans to expand its dealer network in the country from 60 to 80, with the goal of having up to as many as 200 outlets by the end of the decade.