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

To: bull_dozer who wrote (208014)	9/24/2024 11:49:22 PM
From: TobagoJack	Respond to of 217745

'they' need to engineer a down-market so that they can cover?

To: bull_dozer who wrote (208014)	9/25/2024 5:51:51 AM
From: TobagoJack	Respond to of 217745

We like, a lot, the map for going forward…

To: bull_dozer who wrote (208014)	9/26/2024 3:07:07 AM
From: TobagoJack	Respond to of 217745

>> THE FCKING FCKS UNREALISED LOSSES BY U.S. BANKS 7x HIGHER THAN 2008 FINANCIAL CRISIS ... some kind of wonderful, for 'they' need to as in have imperative to, as in urgently, make our gold worth more, and probably quite a bit to possibly a whole lot more, else it shall be "Game Over, Player 1" especially if the Luke is correct I have rarely (twice before, a real estate deal) had a huge position go up so much in such a short moment nuts and the gold did not even hold a board meeting, engage in manufacturing, marketing, sales, r&d, after sales service or anything else just out, from behind paywall, and to harvest, we merely need to sit back and do a beer charts look promising zerohedge.com First Jobs, Now The Economy: US GDP Set For Huge Downward Revision In Thursday's Report BY TYLER DURDEN THURSDAY, SEP 26, 2024 - 10:30 AM One of the saving graces of the Biden presidency is that while inflation and federal debt were soaring, the labor market and economic growth were both solid; in fact as shown in the chart below, nominal GDP was tracking about $2.5 trillion above the pre-covid trendline, an impressive achievement even if inflation accounted for the bulk of the divergence. Alas, just as last month's dramatic downward revision in the number of jobs - the second biggest on record, confirming that most of the labor market strength in 2024 had been a pre-election mirage - erased much of the Biden admin's recent "stellar" jobs record... ... so tomorrow's GDP revision is about to wipe out much of the so-called economic growth of the current administration. Oh, and for those asking, "why negative?' Well, because you can't manipulate numbers higher for purely political reasons month after month, without eventually admitting the truth and "revising" everything sharply lower. Here are the details: As Goldman economist Manuel Abecasis explains, tomorrow, the Bureau of Economic Analysis (BEA) will release the annual update of the national accounts, including revisions to GDP and gross domestic income (GDI), which - in keeping with the dramatic reduction in historical payrolls - will also be slashed. Based on revisions to key GDP source data, Goldman expects a downward revision of 0.3-0.4% to GDP growth over the last year, driven by downward revisions to nonresidential construction, services consumption, and equipment investment. Together, these revisions would lower year-over-year GDP growth through 2024 Q2 from 3.1% to 2.7%. Separately, while last month's collapse in jobs was due to the revised Quarterly Census of Employment and Wages, Goldman does not expect the incorporation of QCEW data for the first quarter of 2024 to result in major revisions to GDP, both because the QCEW is used to estimate only a small share of GDP and because the 2023 QCEW data has mostly been incorporated into the current vintages of GDP (more details in the linked GS report available to pro subs). According to the bank, the inclusion of the QCEW could result in a further modest 0.1-0.2% downward revision to GDI, although the exact magnitude depends on how the BEA seasonally adjusts the data. Once again, it's "shocking" how the data is always revised downward, never upward. But we digress. Goldman also writes that the revisions to GDI will also include new source data for net interest payments for 2022 based on comprehensive tax records from the IRS (while net interest payments are likely understated in the national accounts, less than 5% of the decline in net interest payments between 2022 and 2024 happened in 2022, so do not expect the new source data to lead to major revisions to GDI this week). As a result, Goldman estimates that the statistical discrepancy - the difference between GDP and GDI - will narrow only modestly, by around 0.2-0.3% over the last year. That being said, revisions through 2023 Q2 and the inclusion of source data beyond those that can be accounted for could narrow the discrepancy further. Bottom line: first jobs, then the overall economy are revised ever lower as the lies of the Biden regime slowly collapse under their own weight. And when enough air has been pulled out of the tires, the same thing will happen with non-GAAP "earnings" which will "suddenly and unexpectedly" crater, just in time for the entire market to do the same... a few months after Trump wins in November.

To: bull_dozer who wrote (208014)	9/26/2024 3:25:23 AM
From: TobagoJack	Respond to of 217745

>> THE FCKING FCKS another secret out, for 'they' are not only selling oil for gold, but also dollar for more gold, and if I understand correctly, 'they' have a lot of oil and a lot of dollars which means we must GetMuchMoreGold, so that we can choose to buy a lot more oil when and if we need to irrespective of supply / demand jpost.com Saudi Arabia is secretly buying gold Saudi Arabia, once a pillar of the petrodollar system, may be secretly amassing gold reserves as central banks worldwide quietly buy up the precious metal. Saudi Arabia Is Secretly Buying Gold(photo credit: SHUTTERSTOCK) The global gold market is witnessing a silent storm. While prices soar to historic highs, a clandestine buying spree by central banks is fueling the flames. This article delves into the case of Saudi Arabia, a nation quietly amassing gold reserves, potentially signaling a shift in the global financial landscape. The Whispers of Gold: Saudi Arabia's Hidden Purchases Analyst Jan Nieuwenhuijs from MoneyMetals exposes a startling truth: Saudi Arabia might be secretly accumulating gold. He estimates a staggering 160 tonnes purchased since 2022 in Switzerland, a move contributing to the current gold rush. This strategy appears to contradict the nation's historical role in establishing the petrodollar system. Could the Saudis be orchestrating a pivot away from American dominance? Beyond the Numbers: Decoding the Saudi Strategy While official Saudi gold reserves remain unchanged, the story lies beneath the surface. Nieuwenhuijs compares World Gold Council estimates to IMF reports, revealing a surge in "undeclared" purchases – a trend likely driven by China and, to a lesser extent, Saudi Arabia. This clandestine buying suggests a strategic move away from the dollar, potentially mirroring the actions of Russia and China (who have been major gold accumulators for years). A Shift in Power: The BRICS and the Return of the Gold Standard? The Saudi actions align with the broader BRICS (Brazil, Russia, India, China, South Africa) agenda. These nations appear to be preparing for a potential return to a gold standard, a system where chronic trade deficits are unsustainable. This directly challenges the "exorbitant privilege" the US enjoys through the dominance of the dollar in international trade – a privilege established by forcing OPEC to trade oil exclusively in dollars since 1975. The Petrodollar's Achilles Heel: Gold vs. Bitcoin in a War-Torn WorldSaudi Arabia's secrecy surrounding its gold purchases raises questions. Perhaps they feared angering the US, especially considering the fate of Iraq's gold reserves when Saddam Hussein attempted to dethrone the petrodollar. However, gold's vulnerability in times of war becomes apparent. Bitcoin emerges as a potential alternative, offering instant transferability without geographical constraints. In a war-torn world, this could provide a crucial advantage. The Future of Gold and the Rise of Bitcoin: A Silver Lining?The resurgent popularity of gold is undoubtedly positive news for Bitcoin. Its finite supply of 21 million coins makes it a potentially superior store of value compared to gold, with over 3,000 tonnes mined annually. As the global financial system navigates a potential power shift, Bitcoin's unique properties might become increasingly attractive. This article serves as a glimpse into the complex dynamics of the global financial landscape. The secretive gold purchases by Saudi Arabia, coupled with the broader BRICS movement, point towards a potential decline of the US dollar's dominance. While gold remains a significant player, Bitcoin's emergence adds another layer to the story. As we move forward, the competition for the future of global finance promises to be fierce, with both traditional and novel assets vying for supremacy.

To: bull_dozer who wrote (208014)	9/26/2024 4:02:22 AM
From: TobagoJack	Respond to of 217745

>> THE FCKING FCKS I WONDER HOW HIGH 'THEY' ARE WILLING TO SEND GOLD IN ORDER TO FEEL SATED ON BOOSTING THE ECONOMY. NOW CRAZILY THE YUAN IS STARTING TO RISE AGAINST THE DOLLAR AND THAT WOULD NEVEN BE TOLERATED FOR LONG, SO 'THEY' SHALL SEND GOLD HIGH TO AT LEAST THE EXTEND THAT THE YUAN goes comfortably between 7 and 8 to the even failing dollar AM WAGERING THAT BEFORE LONG YOU SHALL FALL IN ADULATION WITH THE PINKO COMMIES as they drive gold towards 4,800, a/k/a 10.4% per annum until 2030 4,800 works better in the excel spread sheet than 2620, depending on how much coffee goes also up I like mr Zhu Tian because he is talking my language. “I’m excited, as the appeal for stronger actions is finally being heard,” Zhu said. ... “I hope implementation can be forcible and swift,” Zhu said. scmp.com China goes full bore to revive economy as Politburo sends strong signals Gathering comes after financial authorities rolled out wide-reaching stimulus measures this week Ji Siqiin Beijingand Frank Chenin Shanghai Published: 1:30pm, 26 Sep 2024Updated: 2:43pm, 26 Sep 2024 China has vowed to save the private economy, stabilise its property sector from further slumping and ensure necessary fiscal expenditures, according to the readout from a Politburo meeting on Thursday. “It is necessary to help enterprises tide over difficulties,” said the readout, which was released just after 1pm. The top decision-making meeting, which was chaired by President Xi Jinping, came after financial authorities rolled out a raft of stimulus measures on Tuesday. “It is necessary to look at the current economic situation comprehensively, objectively and calmly,” the readout said. “Face up to difficulties, strengthen confidence, and effectively enhance the sense of responsibility and urgency to do a good job in economic work.” At the meeting, Xi also warned against inertia among cadres in striving for economic growth. “The vast number of party members and cadres must have the courage to take responsibility and dare to innovate,” the readout said. The message is strong and intends to rekindle confidence and shore up expectations Holding a Politburo meeting to discuss economic affairs in September is a rare move for the authorities. “The message is strong and intends to rekindle confidence and shore up expectations,” Li Xuenan, a finance professor at Cheung Kong Graduate Business School in Beijing, said after the meeting. “Beijing is anxious to prevent downward risks from becoming self-fulfilling.” The meeting pledged to ensure necessary fiscal spending, effectively implement existing policies and step up efforts to launch incremental policies, striving to achieve the annual growth target at “around 5 per cent”. For China’s faltering property market, which is currently the biggest drag on the economy and has trapped a big portion of the nation’s household wealth, further falling should be stopped, the meeting urged. Beijing will ramp up “whitelist” loans targeting unfinished housing projects, it said. The meeting also vowed to increase the income for low- and middle-income groups, while improving consumption. The Hang Seng Index in Hong Kong extended gains to as much as 3.6 per cent on Thursday afternoon, and the Hang Seng Tech Index surged as much as 6.7 per cent. The Shanghai Composite Index also rose as much as 2.9 per cent. The yuan also strengthened in both onshore and offshore markets. As part of the raft of policy changes unveiled on Tuesday, China’s central bank announced cuts of half a percentage point to the outstanding mortgage rate and the reserve requirement ratio – the amount of cash that commercial banks must hold as reserves. It also cut the benchmark policy rate by 0.2 of a percentage point and unveiled new tools to boost capital markets. On Wednesday, China’s State Council unveiled a 24-point set of guidelines to prioritise job creation and prevent the risk of large-scale unemployment as “a bottom line”. The guidelines offered a comprehensive package of measures, ranging from job creation by different sectors to better income distribution, as well as increased protection for gig workers. Employment has been high on the list of priorities for policymakers this year. Last week, China said its revised jobless rate for the 16-24 age group, excluding students, had risen to 18.8 per cent in August, up from 17.1 per cent in July, after a record 11.79 million college graduates entered the job market last month. The Thursday Politburo meeting showed that “Beijing is waking up to the severity of the economic slowdown and is taking a firmer hand to crank up policy support to turn the tide for a recovery”, said Zhu Tian, an economics professor at the China Europe International Business School in Shanghai. “I’m excited, as the appeal for stronger actions is finally being heard,” Zhu said. The policies and measures announced so far this week are pertinent, covering both short-term needs and long-term objectives, he added. “I hope implementation can be forcible and swift,” Zhu said.