SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (135414)9/3/2017 9:45:57 PM
From: Maurice Winn  Read Replies (5) | Respond to of 217560
 
The flash crash mathematician computer operators who move money fast in pricing and repricing have long known Mq's axiom that gold is made out of oil not US$ so now Made in China pricing is being promulgated.

I saw that Russian oil sales to China jumped 11% which is due to Made in USA sanctions forced also onto Euroserfs. It's a puzzle why Team USA thinks that forcing Russia to sell to China somehow helps Americans or Euroserfs but it's many decades since I thought that politicians acted intelligently. So for me it's not much of a puzzle.

Starting WWIII in Crimea where one of my great great grandfathers was injured and subsequently died also seemed a particularly stupid idea. 1812 Overture, Charge of the Light Brigade, Operation Barbarossa should have been sufficient warning.

I see lead balloons are joining gold and oil in the calculating. Silver is also commonly found with gold and every cloud has a silver lining.

El Matador spent some time in Angola rolling out Made in China fibre and I see that Angola sends China megatons of oil swapped for petaflops of data. A good trade but also not Made in England or USA. The British Empire and Team USA have lost their mojo. But it does mean my Qualcomm sales in Angola are good.

Meanwhile Kim the Fatter threatens to nuke various and sundry. Just as USA supplies Saudia Arabia with military equipment I guess Russia or China provides Kim the Fatter with nuclear know-how.

Kim's rocket and atomic bomb testing has certainly replaced Taiwan, Tibet and the South China Sea in the news which probably is ok by Beijing's bosses.

Mqurice



To: TobagoJack who wrote (135414)9/4/2017 3:24:44 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 217560
 
The Saudis would love to sell more oil and gas to China, but they don't want to receive payment in a poorly convertible currency like Chinese Yuan.

China doesn't want to get into a long-term contract requiring them to come up with US Dollars or Euros because China can't make these currencies and a guy like Trump could unexpectedly make it difficult fro China to get Dollars or Euros due to sanctions or what not.

So China needs to come up with something they can produce, which the Saudis are willing to take in payment for oil and gas.

The problem is most Chinese goods are not in big demand in Saudi Arabia, gold is one of the few items China can barter in exchange for oil.