Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: bull_dozer who wrote (199594)	6/17/2023 8:41:17 PM
From: TobagoJack	Respond to of 217714

Should it be Team China’s intention to solar-ize China, silver bullish Should Team China act to solar-ize BRICS+, OMG

To: bull_dozer who wrote (199594)	6/18/2023 12:22:30 AM
From: TobagoJack	1 Recommendation Recommended By Arran Yuan Respond to of 217714

Bullish for gold Message 34324971 and therefore positive for silver All happening under broad daylight and presumably the outcome of whether Russia ‘de-capitated’ / defeated might also matter Message 34324957 Message 34324943 Let’s wait and see

To: bull_dozer who wrote (199594)	6/18/2023 1:10:23 AM
From: TobagoJack	Respond to of 217714

Gold porn

To: bull_dozer who wrote (199594)	6/18/2023 7:02:55 AM
From: Julius Wong	Respond to of 217714

It's A Coin Toss: Gold And Silver Analysis Message 34323512

To: bull_dozer who wrote (199594)	6/19/2023 9:30:47 PM
From: bull_dozer	Read Replies (1) \| Respond to of 217714

Solid Gold In a Broken World By Matthew Piepenburg June 18, 2023 Below, we look at gold in a broke(n) world of hubris, debt, Realpolitik and a rising east. For well over a year, we’ve openly declared that the Fed is cornered. That is, Powell knows he needs higher rates to allegedly “fight” inflation but also knows that raising rates into an historical debt bubble means one “credit event” (or “crunch”) after the next, from tanking USTs in 2020 to tanking banks in 2023. It seems only now that the WSJ (Mr. Timiraos), along with a former Indian central banker (Mr. Rajan) is confessing the same. ... ... China Licking Its Chops and Expanding Its Swaps But gold is not the only vulture about to get fatter in an increasingly de-dollarized backdrop. China, love it or hate it, has been sharpening its knives and forks for years in a patient and long-sited play to win an economic and currency war with Uncle Sam. After all, emperors for life, like Xi, can afford to be more far-sighted than US politicians who prostitute sound money responsibilities for easy money re-election. This may be why tiny-thinkers like Trudeau, or folks who probably never had a girlfriend in college, like Klaus Schwab, have such a crush on Xi and the kind of power he can wield without having to worry about silly little things like democratic elections … It’s Good to be King (But not a USD) Getting back to those emerging market “banana republics” which the US so often mocked, it’s worth noting that Argentina has just doubled its currency swap access to $10B, but here’s the kicker: The swap is in CNY not USD… Meanwhile, Pakistan just signed a deal with Russia to buy crude oil, but guess what, Pakistan is paying that bill in CNY and not USDs… See a trend? It’s the very trend we warned of the moment Uncle Sam weaponized the world reserve currency in those insanely myopic (i.e., stupid) sanctions against Russia in early 2022. Settlement deals like these (FX and energy) almost certainly involve swap lines with Chinese fingerprints and with countries (like Argentina and Pakistan) who hold less and less US FX reserves, which is no surprise given that few countries wish to hold “reserve assets” that can be turned off at a political whim. In short, if the world is slowly but steadily looking outside the USD, it’s because the US has slowly but steadily shot itself (and its Dollar) in the foot since March of 2022. In fact, throughout Q1, global central banks have been engaging in record-breaking levels of CNY currency stacking (109B yuan by end of March) via FX swap lines. To date, the Chinese central bank (PBOC) hasn’t listed the names of these nations and banks, but the SLOW trend away from an increasingly distrusted USD and rising China is pretty hard to ignore as more nations are using the yuan for energy and real asset deals while holding the USD/UST merely to pay down old debts. goldswitzerland.com