Board index » The IRISH PROPERTY BUBBLE » The Central Bank

Post new topic Reply to topic  [ 4274 posts ]  [Go to page]   Previous  1 ... 422, 423, 424, 425, 426, 427, 428  Next
Author Message
 Post subject: Re: The price of Gold
PostPosted: Sun Jan 10, 2016 11:42 pm 
Offline
Under CAB Investigation

Joined: Feb 19, 2009
Posts: 2506
Open Window wrote:
Wasn't sure where to post this... :x

Quote:
Nine planes belonging to country's royal fleet are reported to have made unscheduled landings in Switzerland due to serious medical alert - See more at: http://www.middleeasteye.net/news/qatar ... SjfH7.dpuf



haha, Switzerland a pretty small place -- how amazing that they happened to be directly over it when they just had to land;

as somebody who worked in a (real) Swiss bank I can profoundly confirm their total lack of an ethical compass; the only compass they possess points to "money".

_________________
Profits = Investment – Household Savings – Government Savings – Foreign Savings + Dividends

(i.e. company profits are directly fed, in part, by government deficits)

BANKS DON'T LEND RESERVES
As confirmed by the Bank of England


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Mon Jan 11, 2016 6:38 am 
Offline
Of Systemic Importance

Joined: Sep 13, 2012
Posts: 5520
Daniel Plainview wrote:
haha, Switzerland a pretty small place -- how amazing that they happened to be directly over it when they just had to land;

Wasn't there a Homeland plot about this?

"S05E04: Allison and Saul are embedded within a private medical clinic in Douvaine, Switzerland, where they're surreptitiously attempting to convince al-Assad's right-hand man, General Youssef (Igal Naor), to stage a coup so that the U.S. can help him fend off ISIS."

_________________
"It's easy to confuse what is with what ought to be, especially when what is has worked out in your favour"
Tyrion Lannister


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Fri Feb 12, 2016 10:14 am 
Offline
Property Magnate

Joined: Jan 17, 2014
Posts: 621
What the hell's going on with gold now? It's up way over 10% in just a month. Is it really because of Yellen's speech?

There's sod-all inflation anywhere but Venezuela, so why the gold?


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Fri Feb 12, 2016 10:24 am 
Offline
Too Big to Fail

Joined: Aug 23, 2008
Posts: 3775
Location: Bogtrotterland!
To compliment the shotguns & beans!

_________________
Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now: Brooks Stevens.
Planned obsolescence, one of the largest contributors to the man made element of climate change, but the one least discussed: dolanbaker
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun Apr 17, 2016 12:26 am 
Offline
Real Estate Developer

Joined: Jun 10, 2010
Posts: 889
Deutsche Bank settles U.S. gold, silver price-fixing litigation


http://www.reuters.com/article/deutsche ... SL2N17H1OS

Terms were not disclosed, but both settlements will include monetary payments by the German bank. Deutsche Bank also agreed to help the plaintiffs pursue claims against other defendants.

...

The plaintiffs accused Deutsche Bank of conspiring with Bank of Nova Scotia, Barclays Plc, HSBC Holdings Plc and Societe Generale to manipulate prices of gold, gold futures and options, and gold derivatives through twice-a-day meetings to set the so-called London Gold Fixing.

They also accused Deutsche Bank, HSBC and ScotiaBank of a similar conspiracy to manipulate silver prices by rigging the daily Silver Fix.

_________________
Jean-Claude Juncker - “We all know what to do, we just don’t know how to get re-elected after we’ve done it.”
Irving Fisher, economist, October 17, 1929 - "Stock prices have reached what looks like a permanently high plateau"
Gold and Economic Freedom by Alan Greenspan - 1966
Milton Friedman best moments


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun Apr 24, 2016 2:32 pm 
Offline
Real Estate Developer

Joined: Jun 10, 2010
Posts: 889
Daniel Plainview wrote:
conork wrote:
The world will revert back to a gold standard in the near future.


:lol: you don't do much to help stem the view that gold bugs are economically illiterate


http://www.reuters.com/article/china-go ... SL3N17G1Z5

China's yuan gold benchmark to launch with 18 members -source


A yuan gold fix is not expected to pose an immediate threat to the gold pricing dominance of London and New York, but it could ultimately give Asia more power, particularly if the Chinese currency becomes fully convertible.


China continues to hoard...

_________________
Jean-Claude Juncker - “We all know what to do, we just don’t know how to get re-elected after we’ve done it.”
Irving Fisher, economist, October 17, 1929 - "Stock prices have reached what looks like a permanently high plateau"
Gold and Economic Freedom by Alan Greenspan - 1966
Milton Friedman best moments


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun Apr 24, 2016 4:31 pm 
Offline
Neo Landlord

Joined: Aug 26, 2012
Posts: 281
Joe-Levity wrote:
What the hell's going on with gold now? It's up way over 10% in just a month. Is it really because of Yellen's speech?

There's sod-all inflation anywhere but Venezuela, so why the gold?



dollar is weakening , commodities have bottomed , its bear market cycle came to an end , happens all sectors , it should continue to rise now for the next five years though is a little over bought now


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun May 15, 2016 12:24 pm 
Offline
Property Magnate

Joined: Jan 17, 2014
Posts: 621
irish_bob wrote:
Joe-Levity wrote:
What the hell's going on with gold now? It's up way over 10% in just a month. Is it really because of Yellen's speech?

There's sod-all inflation anywhere but Venezuela, so why the gold?



dollar is weakening , commodities have bottomed , its bear market cycle came to an end , happens all sectors , it should continue to rise now for the next five years though is a little over bought now


So, the EUR bottomed at $1.057 in Dec '15 and spiked to $1.152 this month and is now about $1.13. Saying "its bear market cycle came to an end" is sort of handwaving rather than an explanation.

About 6 months ago gold was only at $1050, now it's well over $300 up.

The last time gold rose $300 in such a short period, we know why that happened: there was a massive financial crisis that led to the greatest depression in the history of capitalism, which is still with us.

But right now, there's no overt crisis going on. It's the only time gold has risen so dramatically without there being a big ventilator-faeces interface scenario happening.


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun May 15, 2016 12:51 pm 
Offline
Holiday Home Owner

Joined: Nov 11, 2012
Posts: 312
Joe-Levity wrote:
irish_bob wrote:
Joe-Levity wrote:
What the hell's going on with gold now? It's up way over 10% in just a month. Is it really because of Yellen's speech?

There's sod-all inflation anywhere but Venezuela, so why the gold?



dollar is weakening , commodities have bottomed , its bear market cycle came to an end , happens all sectors , it should continue to rise now for the next five years though is a little over bought now


So, the EUR bottomed at $1.057 in Dec '15 and spiked to $1.152 this month and is now about $1.13. Saying "its bear market cycle came to an end" is sort of handwaving rather than an explanation.

About 6 months ago gold was only at $1050, now it's well over $300 up.

The last time gold rose $300 in such a short period, we know why that happened: there was a massive financial crisis that led to the greatest depression in the history of capitalism, which is still with us.

But right now, there's no overt crisis going on. It's the only time gold has risen so dramatically without there being a big ventilator-faeces interface scenario happening.



I believe there are one or two shoeshine boys involved in the stockmarket at the moment.........

_________________
"All that is necessary for the triumph of evil is that good men do nothing. " - Edmund Burke


Top
 Profile  
 
 Post subject: Re: The price of Gold
PostPosted: Sun May 15, 2016 4:02 pm 
Offline
Real Estate Developer

Joined: Jun 10, 2010
Posts: 889
wawwa wrote:
Joe-Levity wrote:
irish_bob wrote:
Joe-Levity wrote:
What the hell's going on with gold now? It's up way over 10% in just a month. Is it really because of Yellen's speech?

There's sod-all inflation anywhere but Venezuela, so why the gold?



dollar is weakening , commodities have bottomed , its bear market cycle came to an end , happens all sectors , it should continue to rise now for the next five years though is a little over bought now


So, the EUR bottomed at $1.057 in Dec '15 and spiked to $1.152 this month and is now about $1.13. Saying "its bear market cycle came to an end" is sort of handwaving rather than an explanation.

About 6 months ago gold was only at $1050, now it's well over $300 up.

The last time gold rose $300 in such a short period, we know why that happened: there was a massive financial crisis that led to the greatest depression in the history of capitalism, which is still with us.

But right now, there's no overt crisis going on. It's the only time gold has risen so dramatically without there being a big ventilator-faeces interface scenario happening.



I believe there are one or two shoeshine boys involved in the stockmarket at the moment.........


You think it's a bubble cause everyone is buying?
Do you know people buying?

_________________
Jean-Claude Juncker - “We all know what to do, we just don’t know how to get re-elected after we’ve done it.”
Irving Fisher, economist, October 17, 1929 - "Stock prices have reached what looks like a permanently high plateau"
Gold and Economic Freedom by Alan Greenspan - 1966
Milton Friedman best moments


Top
 Profile  
 



Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 4274 posts ]  [Go to page]   Previous  1 ... 422, 423, 424, 425, 426, 427, 428  Next

    Board index » The IRISH PROPERTY BUBBLE » The Central Bank

Who is online

Users browsing this forum: No registered users and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Follow, Retweet @dailypinster



Pyramid Built, Is Better Built! - Latest Property Discussions www.thepropertypin.com