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


To: bull_dozer who wrote (196004)2/8/2023 2:55:32 AM
From: bull_dozer  Respond to of 217688
 
China is mad at the US for blasting its suspected spy balloon, but a few years ago, state TV bragged its fighter pilots could shoot one down
  • A 2020 Chinese state TV clip showed off how fighter pilots could shoot down surveillance balloons.
  • The video shows a pilot tracking and shooting a balloon during an apparent training exercise.
  • China said Monday that the US shooting down a suspected Chinese spy balloon was "unacceptable."
China is upset that the US shot down its balloon — a suspected surveillance asset — on Saturday, but a state TV video clip from 2020 features a segment boasting about how Chinese fighter pilots can locate and shoot down spy balloons.

yahoo.com



To: bull_dozer who wrote (196004)2/8/2023 10:58:28 AM
From: bull_dozer1 Recommendation

Recommended By
sense

  Read Replies (1) | Respond to of 217688
 
No Matter How You Turn It, The Global System is Already Doomed: Got Gold?

By Matthew Piepenburg
February 8, 2023

Meanwhile, however, you have the math-challenged but psychologically tragic Jay Powell wanting to save his legacy as a Paul Volcker rather than as an Arthur Burns.

Like a child wanting to be John Wayne rather than Daffy Duck, Powell and his rate-hiked strong USD refuses to see the $31T debt pile in front of him which makes it impossible to be a reborn Volcker, who in 1980 faced a much smaller debt pile of $900B.

In short, Powell’s America of 2023, unlike Volcker’s America of 1980, can’t stomach rising rates or a strong USD.

...

Yellen or Powell, QT or QE, strong Dollar or weak Dollar, the global financial system is nevertheless doomed.

We either tighten the bond and hence stock markets into a free fall and economic disaster, or we loosen and ease liquidity into an inflationary nightmare.

As I’ve said so many times: Pick your poison—depression or hyperinflation.

Or perhaps both…namely stagflation.

Either way, of course, Powell, and the American economy, is now doomed. And he has only Greenspan, Bernanke, Yellen, himself and years of mouse-click fantasy to blame.
...

Gold’s future strength and rise is thus easy to foresee, as gold doesn’t rise, currencies just fall.

It’s really that simple.

Got gold?


goldswitzerland.com



To: bull_dozer who wrote (196004)2/8/2023 8:38:57 PM
From: TobagoJack  Read Replies (1) | Respond to of 217688
 
undoubtedly PBOC continues to dilute as per all CBs,

about particular to this particular tranche, is usual for Chinese Lunar New Year season as activities heat up in celebration

do not miss the pretties Message 34184464 :0)

I got the buffaloes to make sure I have some in case such weaponised and hoarded in favour of US sovereign reserve and cease to be minted

do note that Brazil, following Russia and Saudi Arabia, is setting up to allow Yuan / RMB clearing, presumably to sell stuff (i.e. soybeans and iron ore, etc) for RMB, and readying to invest such RMB for China investments and China gold, all going around and around. Same for the other way around

Biden, and his team, have done much for Core Comrade Jinping, solving issues of carbon energy, food, and distractions, as well as encouraging China semiconductor outfits to double-down for smoother future. All very interesting ...

reuters.com
China says it will set up yuan clearing arrangements in Brazil