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

To: TobagoJack who wrote (169870)	3/24/2021 6:16:01 AM
From: sense	Respond to of 217750

Wonder which bank enables such first ... would make Basel III compliance easier, as it would weaponise gold, like a bayonet on a BTC rifle I think that's not much different than what the BIS is already considering under Basel III / IV... although the discussion I read about digitizing / tokenizing gold was cryptic and imprecise, it did appear it was considering something like that primarily as a means of facilitating exchange in "trusted" gold-based transactions between its member banks. Have noted an increased rumble this last week... with many mentions showing a heightened fear of the return of confiscation. Banks moving toward cooperation in creating their own inter-bank "super-currency" that is backed by gold with digital trust features added... might not be a reason to think banks re-establishing trust among themselves... is any reason to assume that enhancing trust in gold based transactions is intended to extend to you ? Other wrinkles result... if the banks try to offer parallel arrangements to customers... that aren't "bankable quality" in the trust establishing them as tier 1 assets... which could result in them not confiscating... but simply extending the paper scam practiced now on the COMEX... by using fractional reserve gold with questionable trust features... And, in addressing the risks in owning gold... when digitally defined trust is the only trust that exists... it might create new difficulties in deciding how to own gold... as gold owned and held yourself... or as gold owned in trusted form as deposits with intermediaries who are perhaps far less likely to realize confiscation risks... but, if those risks are realized... have enabled a larger and more easily obtained prize. And, of course, the same criticism you noted in an article applying to the trust in bitcoin being breakable will also apply to other digital trust authorities ? The U.S. mint is down, they say, not just to enable Goldman in covering silver shorts by diverting flows from the Treasury (yeah, right) but, also because they are adding new laser features to production lines to enable trust... like those the Royal Canadian Mint has had already for a long time.

To: TobagoJack who wrote (169870)	3/24/2021 6:55:06 PM
From: bull_dozer	Respond to of 217750

>> need more gold Isn't gold going to $900 and then to $300? Why buy now? <G> Gold Goes Out Of Style Last summer I suggested that the fireworks show underway in the gold price at the time wouldn’t last forever and that a “a more tactical and discerning approach” might be warranted due to the increasing popularity of the precious metal. Since then, gold has fallen about $250 (13%) and sentiment has shifted significantly once again. Inflows into gold ETFs have turned to outflows and it is becoming common to question gold’s utility in an overall asset allocation model. So it probably feels natural to ask if the gold trade is over and if it’s time to throw in the towel. The way I see it, there are two major factors to pay attention to in trying to answer this question. First, gold has a very tight relationship with real rates (interest rates adjusted for inflation). When real rates rise, gold does poorly. But when they fall, gold really shines. Recently, nominal interest rates have been rising faster than inflation creating a headwind for the gold price. However, there is good reason to believe that this trend could soon shift and become a strong tailwind for the gold price again. The rise in rates has already been dramatic and there is reason to believe it may be nearer to its end than its beginning. At the same time, inflation appears to be on the verge of picking up once again. If so, real rates will fall and gold will likely resume its uptrend. The second major factor to pay attention to is the direction and size of the U.S. government’s fiscal deficit. Currently, the CBO estimates that the 2021 deficit will be $2.3 trillion, slightly less than last year’s total. However, this does not include the $1.9 trillion stimulus package recently passed by congress. Nor does it include the possibility of a new $3 trillion infrastructure package which is currently being planned by the administration. thefelderreport.com