|
||||||
    |
Video: China flew military choppers over Depsang: Sources Chinese helicopters flew over Depsang in Daulat Beg Oldi (DBO) sector in Ladakh on April 15, the same night a platoon-strength contingent of Chinese Army came 10 km inside the Indian territory and established a tented post in the sector, sources said.
Nathan J Hunt@ISNJH9m India has asked China to pull out PLA troops stationed at temp outpost in Ladakh but indication is that 2nd [...] London Gold Market Report from Ben Traynor, BullionVault Friday 19 April 2013, 08:00 EST
Investors “Could Sell into Strength” as Gold Climbs Back Above $1400
WHOLESALE gold prices rallied above $1400 an ounce Friday morning, with analysts continuing to point to strong demand for physical bullion following gold’s sharpest weekly price fall in over four years.
“Expect the market to sell into strength,” warns bullion bank Scotia Mocatta, whose technical analysts see support for gold at $1309 [...] by GoldCore
Today’s AM fix was USD 1,548.00, EUR 1,186.30 and GBP 1,008.60 per ounce. Gold rose $2.50 or 0.16% yesterday to $1,561.00/oz and silver climbed to $27.84 and finished +0.07%. Cross Currency Table – (Bloomberg) Gold is down by 2.2% in dollar terms for the week after denied reports regarding Cyprus being forced by the EU and ECB to sell [...] There’s a new interview with George Soros out in the popular Hong Kong newspaper the South China Morning Post.
A lot of the interview is about the Chinese development model, Chinese stocks, real estate, etc. There’s also an interesting section about gold. Q: What is your view on gold? A: That’s a complicated question. It has disappointed the public, because it is meant to be the ultimate safe haven. But when the euro was close to collapsing [...] Its all about money. BRICS developing an equivalent World Bank and global currency to counter the IMF. US dollar will no longer be the global reserve currency. All part of a thesis / anti-thesis development backed by the Illuminati and Vatican. This is tied with the new Pope. US using N Korea as a pretext to stage military for a China conflict. Stay tuned for updates. China Development Bank grabs chance for aggressive global loan expansion China Development [...] This is what’s coming behind the scenes of all the events playing out (NK war games, Economic Downturn & Impending Crash, Eurozone Dominoes Falling, etc.): The governments and dictatorships ruling over the so-called BRICS countries — Brazil, Russia, India, China, and South Africa — agreed to set up a new world bank that analysts say could further marginalize the increasingly unstable U.S. dollar, possibly helping to eventually dethrone it as the global reserve currency. Meeting in Durban, [...] Spanish banks post multi-billion euro losses over the weekend!!! Spain to revise 2013 GDP growth forecast from -0.5% to -1.0%!!! Russian Market‏@russian_market41 min Russian Market‏@russian_market35 min https://twitter.com/russian_market/status/318737825086468096/photo/1 BRICS dumping euro amid simmering EU banking crisis Brussels has been forced to eat a generous slice of humble pie: A massive sell-off of the euro is [...] Global Financial Stress Is Starting To Grow, And That’s Bad News For Stocks Global financial stress, a coincident indicator for global stock prices, is flaring up again in the wake of the crisis in Cyprus. The blue line on the chart below shows BofA Merrill Lynch‘s Global Financial Stress Index turned upside down to illustrate how it correlates with global equities, proxied by the MSCI All Country World Index (the red line). While global equities have [...] China and Brazil to sign trade deal for local currency at summit of BRICS nations DURBAN, South Africa – China and Brazil plan to sign a deal to do up to $30 billion of trade in their local currencies, as the five-nation BRICS forum of emerging market powers work to lessen dependence on the U.S. dollar and euro. Read more: http://www.foxnews.com/world/2013/03/26/china-and-brazil-to-sign-trade-deal-for-local-currency-at-summit-brics-nations/#ixzz2OeRJiP9B BRICS Nations Plan New Bank to Bypass World Bank, IMF The biggest emerging markets are uniting [...] Seems gold just can’t be stopped!! “The popularity of gold seems to keep building according to the World Gold Council latest release of global gold demand. From the release: 2012 sees gold demand hit record value level. Q4 2012 up 4% year-on-year as India, China and central banks drive demand In value terms, gold demand in 2012 was US$236.4bn – an all-time high. Gold demand in value terms for the final quarter of [...] LIVE: Thousands Of Companies Around The World Reveal The Truth About The Economy SCORECARD (All Time ET) SCORECARD (All Time ET) 7:00 PM South Korea: HSBC Manufacturing PMI — 49.9, down from 50.1 in Dec. Rohit Savant Expects the Gold Bull Market to Pause in 2013 Source: Brian Sylvester of The Gold Report (12/21/12) Many gold analysts are forecasting much higher gold prices in 2013. In this interview with The Gold Report, Rohit Savant, senior commodity analyst at the CPM Group, says he believes all of the positive gold fundamentals, such as global turmoil, are already factored into the gold price. So, in 2013, he sees [...]  The US Conference Board’s report on the global economy is negative on all fronts. The growth is over. from Ambrose Evans-Pritchard: The catch-up boom in China, India, Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a grim report by America’s top forecasting body. Europe’s prognosis is even worse, with France trapped in depression with near zero growth as far as 2025 and Britain struggling [...] from Ambrose Evans-Pritchard: The catch-up boom in China, India, Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a grim report by America’s top forecasting body. Europe’s prognosis is even worse, with France trapped in depression with near zero growth as far as 2025 and Britain struggling to raise its speed limit to 1pc over the next three Parliaments. The US Conference Board’s global economic [...] by GoldCore
Today’s AM fix was USD 1,603.50, EUR 1,306.74, and GBP 1,021.34 per ounce. Silver is trading at $27.91/oz, €22.81/oz and £17.85/oz. Platinum is trading at $1,401.00/oz, palladium at $574.40/oz and rhodium at $1,075/oz. Gold rose $4.50 or 0.28% in New York yesterday and closed at $1,604.10/oz. Silver edged off and recovered to a high of $27.99 and finished with [...] By: Julian D. W. Phillips, Gold/Silver Forecaster – Global Watch -GoldForecaster.Com – Posted Wednesday, 4 April 2012 | Source: GoldSeek.com Relevance of Previous Articles In our last two articles we discussed just how the U.S. dollar came to be the central part of the world’s monetary system and held onto that position when its economy and balance of payments were structurally inadequate to do so. In the second article, we described how the U.S. [...] BY JULIAN PHILLIPS In our previous article we looked at whether the U.S. Dollar was headed for a major fall or not. We demonstrated how the dominance of the U.S. dollar was almost entirely dependent on the grip it had over oil producers and this allowed the oil price to be denominated in the U.S. dollar. The U.S. has gone to war in Kuwait and Iraq over this issue under the guise [...] telegraph.co.uk Robert Zoellick said the World Bank would support a Brics bank, an idea formally proposed at a summit in New Delhi last week. The World Bank has previously backed the creation of the Islamic Development Bank and the Opec Fund to build financing and analytical capabilities. If Brics nations “decide they want another financing vehicle – fine. Let’s figure out how to work with it … I’m enough of an economist [...] Uploaded by RTAmerica on Mar 28, 2012 BRICS is a group of countries banding together in a troubled world economy. Brazil, Russia, India, China and South Africa are countries that make up 42 percent of the world’s population, a quarter of its landmass and 75 percent of the foreign reserve worldwide. The BRICS influence on the global stage is growing and with their growing power they have plans to form a new [...] http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-as-trade-currency-20120324
Not only will the US dollar be challenged, but also the entire international financial regime – led by the World Bank and the International Monetary Fund – which has been dominant since the end of World War II.
The north will be pitted against the entire south in a historic competitive currency battle – whose terrain has moved to the Indian capital New Dehli – where the Brics (Brazil, Russia, India [...] (Reuters) - Brazil will push for its large emerging-market peers including China to denounce what it sees as unfair monetary policies by Europe and the United States, raising the stakes in a global confrontation over economic imbalances. Brazilian Trade and Industry Minister Fernando Pimentel told Reuters on Wednesday his country would seek such language in a communique at this week’s BRICS summit, which brings together Brazil, Russia, India,China and South Africa. Pimentel said that China [...] March 25, 2012, at 11:23 pm by Jim Sinclair in the category General Editorial Dear CIGAs, Brazil, Russia, India China and South Africa are meeting next week because of the use of SWIFT as a weapon of war. Expect the formation of a competitive SWIFT system in three blocks. The dollar will test .7200 USDX and fail on the third tap. There will be an audio interview on this development with Erik King of King World News [...] Submitted by cpowell on Sun, 2012-03-25 15:30. Section: Daily Dispatches By Thandeka Gqubule and Andile Ntingi Http://Www.Citypress.Co.Za/Business/News/Brics-Move-To-Unseat-US-Dollar-… South Africa this week will take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies. Thus the nation is expected to become party to endorsing the Chinese currency, the renminbi, as the currency of trade in emerging markets. This means getting a [...] |
Custom Search
|
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
||||||
