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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: polarisnh who wrote (239712)	1/10/2016 10:08:46 PM
From: marcos	Read Replies (2) \| Respond to of 314309

This is the thing with central banks, some of them may cooperate with each other during long periods, but the relationship between them is at certain levels competitive, while each is guided by its own national preference for whatever they'd like to see used as 'real money' for reserves ... they may act all nice and civil, talk banker-speak much the same, still at core their interests do not exactly precisely coincide, and we'll see this plain should push ever come to shove On whether the chinese will establish a really straight-up market in metals - well i think the jury is out on that, and will be for some time ... they'll be faced with huge temptation in the ability to sell an ounce to multiple parties instead of just one, only have to change one rule here and another over there to end up pretty much Crimex-style, the capper will be a line in each contract that gives them the option to close you out in cash instead of metal, at whatever price they've achieved with infinite freedom to short naked ... there's just so much money to be had in that business, so easily, how can they possibly resist it ... unless there is firm political guidance to keep it real, and in that there does exist motivation, the opportunity to get away from the $usd as the centre of the financial world, without replacing it with some other phoney basket of fiat productions ... so i'm rooting for them, anyway