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The Putin twist you knew was gonna come:
In Jip en Janneke taal:
Graan moet nu gekocht worden met Roebels.
Landen moeten dus Roebels gaan inkopen.
Als er veel vraag naar een product / munt is ... wat doet de prijs van dat product / munt dan ?
Jaa, heel goed, die stijgt ;)
Graan moet nu gekocht worden met Roebels.
Landen moeten dus Roebels gaan inkopen.
Als er veel vraag naar een product / munt is ... wat doet de prijs van dat product / munt dan ?
Jaa, heel goed, die stijgt ;)
Nu olie ook al gekocht kan worden met Roebels, gas ingekocht moet worden met Roebels ...
De belangrijkste munt van de wereld / reserve currency / de Dollar is done ... kaputt ... over en uit .... finito
De EU en Nato doen hun eigen das om, steken zelf hun kop in de strop.
De belangrijkste munt van de wereld / reserve currency / de Dollar is done ... kaputt ... over en uit .... finito
De EU en Nato doen hun eigen das om, steken zelf hun kop in de strop.
US Yield Curve Control ahead?
The Federal Reserve conveniently provided itself with the legitimation for future yield curve control:
The Federal Reserve conveniently provided itself with the legitimation for future yield curve control:
„The period 1942-47 provides some evidence that the Federal Reserve can lower long-term rates by committing to keeping short-term rates low. The brief period from 1947 to 1948 may also...
provide additional evidence that long rates can be reduced by direct interventions in the market for long-term Treasuries.“ Source: federalreserve.gov/monetarypolicy…
#Gold: Seems that the big banks are becoming increasingly bearish. Here are some #2022 forecasts (ht #HeinzIsler):
Deutsche Bank: "Despite still high inflation gold seems unlikely to have a good 2022. We forecast a price of US$ 1'750 per ounce at end-December
2022."
Deutsche Bank: "Despite still high inflation gold seems unlikely to have a good 2022. We forecast a price of US$ 1'750 per ounce at end-December
2022."
Credit Suisse: "Gold price forecast XAU/USD at risk of tanking to US$ 1'561 on a breach of 1'691."
ABM: "2022 could be a disaster as they see gold prices falling 16% seeing gold prices falling to US$ 1'500 an ounce by the end of next year....
ABM: "2022 could be a disaster as they see gold prices falling 16% seeing gold prices falling to US$ 1'500 an ounce by the end of next year....
...and dropping to US$ 1'300 an ounce by the end of 2023."
Natixis: "In its precious metals forecast for 2022 Natixis expects an average gold price of US$ 1'630 an ounce."
UBS: "Gold could retreat to the US$ 1'500-US$ 1'600 per ounce level."
#gotgold #contrarianplay
Natixis: "In its precious metals forecast for 2022 Natixis expects an average gold price of US$ 1'630 an ounce."
UBS: "Gold could retreat to the US$ 1'500-US$ 1'600 per ounce level."
#gotgold #contrarianplay
The 2 most important real time indicators Nonfarm Payrolls & ISM Manufact., both pointed to a successful soft landing. Anyone who actually read the reports should have immediately dismissed them. Both had clear caveats in the opening paragraphs about new seasonal adjustments...
..So where does the U.S. economy actually stand. Leading indicators are at the same level as '01 & '08 hard landings as well as '11 & '16 soft landings. The last 3 yield curve inversions all led to recessions in the next 6-12 months; this continues to warn... 
...If the yield curve inversion works as a leading indicator, it would be through the interaction of bank lending. Currently bank credit is overwhelmingly going into mortgages & Treasury's. Commercial & Industrial lending peaked early last summer before the yield curve inverted..
