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


To: TobagoJack who wrote (185213)3/12/2022 4:50:52 PM
From: bull_dozer  Read Replies (3) | Respond to of 217578
 
>> did you know that a pig's orgasm lasts 30 minutes?

LOL, no.

Some more Gold, Silver, Uranium, Bitcoin porn..




To: TobagoJack who wrote (185213)8/30/2022 2:48:22 PM
From: bull_dozer  Read Replies (3) | Respond to of 217578
 
>> did you know that a pig's orgasm lasts 30 minutes?




To: TobagoJack who wrote (185213)12/6/2022 5:05:13 PM
From: bull_dozer  Read Replies (9) | Respond to of 217578
 
>> did you know that a pig's orgasm lasts 30 minutes?


Zoltan Pozsar Says Gold Going To $3600

Pozsar also said that at current market prices, “the cap of $60 per barrel for Russian oil equals the price of a gram of gold.” In a hypothetical that US pegs Russian export at this price and Russia then pegs it at a gram of gold, “the US dollar effectively gets ‘revalued’ versus Russian oil.”

“But if the West is looking for a bargain, Russia can give one the West can’t refuse: ‘a gram for more’. If Russia countered the price peg of $60 with offering two barrels of oil at the peg for a gram of gold, gold prices double,” Pozsar explained.

Given this scenario, the author said that Russia won’t probably increase its production to match this hypothetical demand but would ensure just enough so production doesn’t get shut.

“And most important, gold going from $1,800 to close to $3,600 would increase the value of Russia’s gold reserves and its gold output at home and in a range of countries in Africa. Crazy? Yes. Improbable? No,” Pozsar added.

The contributor added that Russia’s decision to link gold to oil would be instrumental to “bring gold back as a settlement medium and increase its intrinsic value sharply.” However, this scenario runs a risk of liquidity shortfall for banks that are active in paper gold market, “as all banks active in commodities tend to be long OTC derivative receivables hedged with futures.”

“That’s a risk we don’t think enough about and a risk that could complicate the coming year-end turn,
as a sharp move in gold prices could force an unexpected mobilization of reserves and expansions in balance sheets and risk-weighted assets. That’s the last thing we need around year-end,” summed Pozsar.

Brent benchmark is yet to fall below the $80-mark while WTI benchmark is still a hairline above the $75-mark. Meanwhile, gold is on a rebound from its lowest year-to-date levels sustained last month, skirting below the $1,800-mark.

thedeepdive.ca