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

To: carranza2 who wrote (136918)	12/1/2017 2:44:49 AM
From: TobagoJack	Read Replies (4) \| Respond to of 217551

bitcoin ... it must be a bubble different than saying it would not keep going up for awhile longer of all the possible 'object' of speculation borne of fiat money inflation, crypto takes the cake, for it is literally 'nothing' that is wanted by a few, then many and then more let us watch & brief

To: carranza2 who wrote (136918)	12/1/2017 8:31:43 PM
From: TobagoJack	Respond to of 217551

shiny things maybe fake news but perhaps not rt.com BRICS consider setting up gold trading system Published time: 26 Nov, 2017 06:45 “The traditional (trade) system based in London and partially in Swiss cities is becoming less relevant as new trade hubs are emerging, first of all in India, China, and South Africa,” he said, adding “we are discussing the possibility of establishing a single (system of) gold trade both within BRICS and at the level of bilateral contacts.” BRICS countries are large economies with substantial reserves of gold and an impressive volume of production and consumption of the precious metal, said the official. According to him, the new system may serve as a basis for the further creation of new benchmarks. The Bank of Russia has already signed a memorandum on developing bilateral gold trade with China. The regulator plans to form a single trade system with the People’s Republic of China in 2018. “We assume that trade and clearing links should be established. The point is that gold buyers should decide on the place of purchase," Shvetsov said, adding that trade links will enable market participants to make deals on international exchanges via the central counterparty. Last year, the Bank of Russia and the People's Bank of China announced plans to create a platform that would unite gold trading by the world's two biggest gold buying countries. China claims discovery of its largest gold mine with $22 billion potential t.co — RT (@RT_com) 1:30 PM - Mar 30, 2017 According to the World Gold Council, Russia is the largest official buyer of gold and the world's third-biggest producer, with the central bank purchasing from domestic miners through commercial banks. It has more than doubled the pace of gold purchases over the past decade, adding more than 1,250 tons to its gold reserves. In the second quarter of 2017, it accounted for 38 percent of all gold purchased by central banks.