| Users Online Now: 2,143 (Who's On?) | Visitors Today: 2,022,425 | |
| Pageviews Today: 2,806,391 | Threads Today: 677 | Posts Today: 13,298 |
| 09:21 PM | ||
| Users Online Now: 2,143 (Who's On?) | Visitors Today: 2,022,425 | |
| Pageviews Today: 2,806,391 | Threads Today: 677 | Posts Today: 13,298 |
| 09:21 PM | ||
29 March BIS returns to the GOLD STANDARD | |
Ostria1  User ID: 77402660  Greece03/08/2019 05:06 PM  Report Abusive Post Report Copyright Violation | Before I go to sleep. I thought you might want to hear about some breaking news from the BIS. They plan to Resurrect the Gold Standard on 3/29/2019 A reminder of which few still seem to know, despite the appointment is now a matter of a few weeks: those that are missing March 29, 2019. The day of judgment for the Brexit will also be the advent for the gold market. From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon. [link to www.dinarrecaps.com (secure)]  Last Edited by Ostria1 on 03/08/2019 05:09 PM Ostria |
| Ostria1 (OP) User ID: 77402660 Greece03/08/2019 05:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77372241  United States03/08/2019 05:20 PM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/08/2019 05:45 PM Report Abusive Post Report Copyright Violation | this is from Nov 2018 February 2018 marked a major turning point for gold – monetary gold to be more specific – when the Swiss National Pension Fund switched out of synthetic gold derivatives into physical gold. Monetary gold is defined, in the new Basel III banking capital rules, as “physical gold held in their own vaults or in trust.” The Swiss decision complied with the new banking standards regarding capital adequacy as it relates to solvency and viability. All Systemically Important Financial Institutions (SIFI) must comply with the new rules for Net Stable Funding Ratio (NSF) and Liquidity by January 2019. Essentially, monetary gold is now considered risk free. This significant development remains relatively unknown – for now. [link to palisade-research.com (secure)] Ostria |
| Anonymous Coward User ID: 76760905 United States03/08/2019 06:00 PM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/08/2019 06:06 PM Report Abusive Post Report Copyright Violation | It's not really a gold standard, they are just re-scheduling gold so that it can be held as a tier 1 asset like US treasury bonds. Quoting: Anonymous Coward 76760905 A gold standard would be like where all your currency has backing or partial backing by gold bullion. yes its for the banks security but it is a start and if it is a valid rumor and it is done in secrecy, it tells more than that Ostria |
| wisconsin User ID: 77440057 United States03/08/2019 06:23 PM  Report Abusive Post Report Copyright Violation | Before I go to sleep. I thought you might want to hear about some breaking news from the BIS. They plan to Resurrect the Gold Standard on 3/29/2019 Quoting: Ostria1 A reminder of which few still seem to know, despite the appointment is now a matter of a few weeks: those that are missing March 29, 2019. The day of judgment for the Brexit will also be the advent for the gold market. From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon. [link to www.dinarrecaps.com (secure)] ??? . Our family celebrates The Lord's Feasts: [link to www.grafted-promise.net] Fools and the dead don't change their minds. Fools won't and the dead can't. When you tear out a man's tongue, you are not proving him a liar. You are only telling the world that you fear what he might say. Quoting: CountryWise Amos 5:13 - Therefore at such a time the prudent person keeps silent, for it is an evil time. |
| Ostria1 (OP) User ID: 77402660 Greece03/08/2019 06:29 PM Report Abusive Post Report Copyright Violation | Before I go to sleep. I thought you might want to hear about some breaking news from the BIS. They plan to Resurrect the Gold Standard on 3/29/2019 Quoting: Ostria1 A reminder of which few still seem to know, despite the appointment is now a matter of a few weeks: those that are missing March 29, 2019. The day of judgment for the Brexit will also be the advent for the gold market. From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon. [link to www.dinarrecaps.com (secure)] ??? this is why we saw all this re-partiation of the gold back to the countries and huge amounts of gold buys these last years. They all wanted to be ready for this transition, if the rumor is valid. Ostria |
| Ostria1 (OP) User ID: 77402660 Greece03/08/2019 06:29 PM Report Abusive Post Report Copyright Violation | Before I go to sleep. I thought you might want to hear about some breaking news from the BIS. They plan to Resurrect the Gold Standard on 3/29/2019 Quoting: Ostria1 A reminder of which few still seem to know, despite the appointment is now a matter of a few weeks: those that are missing March 29, 2019. The day of judgment for the Brexit will also be the advent for the gold market. From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon. [link to www.dinarrecaps.com (secure)] ??? this is why we saw all this re-partiation of the gold back to the countries and huge amounts of gold buys these last years. They all wanted to be ready for this transition, if the rumor is valid. Ostria |
| beauvoir User ID: 76680697  Canada03/08/2019 06:46 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77435717 United States03/08/2019 06:51 PM Report Abusive Post Report Copyright Violation | |
| WokWook User ID: 77096641 United States03/08/2019 06:53 PM Report Abusive Post Report Copyright Violation | |
| Miss Bunny Swan User ID: 77342660  Australia03/08/2019 06:59 PM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 06:54 AM Report Abusive Post Report Copyright Violation | If the rumor is true i guess it will start rising, so it could be a good thing to buy more by that date. Here are some predictions i found, mostly connected with Brexit or not, which is set for the same date Countdown to Brexit – The outlook for Gold [link to www.bullionbypost.co.uk (secure)] 5 Important Charts to Watch in March 2019 [link to www.investopedia.com (secure)] Ostria |
| Anonymous Coward User ID: 77432730  Spain03/09/2019 07:10 AM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 07:21 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1556117 United States03/09/2019 07:58 AM Report Abusive Post Report Copyright Violation | It's not really a gold standard, they are just re-scheduling gold so that it can be held as a tier 1 asset like US treasury bonds. Quoting: Anonymous Coward 76760905 A gold standard would be like where all your currency has backing or partial backing by gold bullion. Wrong ,it is a defacto gold standard , anytime you mix gold as settlement vs anything law of good chasing out bad form of money will have the gold rise in value as the preferred settlement . Gold standard . |
| Anonymous Coward User ID: 1556117 United States03/09/2019 08:12 AM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 08:22 AM Report Abusive Post Report Copyright Violation | It's not really a gold standard, they are just re-scheduling gold so that it can be held as a tier 1 asset like US treasury bonds. Quoting: Anonymous Coward 76760905 A gold standard would be like where all your currency has backing or partial backing by gold bullion. Wrong ,it is a defacto gold standard , anytime you mix gold as settlement vs anything law of good chasing out bad form of money will have the gold rise in value as the preferred settlement . Gold standard . I thought so. It seems we enter a new economical era. Ostria |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 08:26 AM Report Abusive Post Report Copyright Violation | While searching, i run into an interesting article from Bloomberg Who knows George Frederick Warren? During the second half of 1933, George F. Warren was the most influential economist in the world. Almost every morning during November and December, he met with Franklin Roosevelt while the president was still in bed, and helped him decide the price at which the government would buy gold during the next 24 hours. ... The fact that today almost no one recognizes George F. Warren’s name, let alone knows about his theories, illustrates how strange that period was. [link to www.bloomberg.com (secure)] Ostria |
| Anonymous Coward User ID: 77425465 United States03/09/2019 08:30 AM Report Abusive Post Report Copyright Violation | Also if gold is equivalent to cash for big boys , bet your ass the currency's are toast ... Your products are going to rise in price inflation will rear its ugly head Quoting: Anonymous Coward 1556117 Unfortunately, this is probably not the end of fiat currencies, but it could hurt them, on the international markets. It is going to be a big problem for the "paper gold" markets. Nobody is going to want to be holding paper gold when real gold is being used for international transactions. |
| Anonymous Coward User ID: 1556117 United States03/09/2019 08:34 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1556117 United States03/09/2019 08:36 AM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 08:37 AM Report Abusive Post Report Copyright Violation | Also if gold is equivalent to cash for big boys , bet your ass the currency's are toast ... Your products are going to rise in price inflation will rear its ugly head Quoting: Anonymous Coward 1556117 Unfortunately, this is probably not the end of fiat currencies, but it could hurt them, on the international markets. It is going to be a big problem for the "paper gold" markets. Nobody is going to want to be holding paper gold when real gold is being used for international transactions. "While the central banks raided "real" gold bars behind the scenes, they pushed and coordinated the offer of hundreds of tons of "synthetic gold" on the London and New York price lists, where 90% of the trading on metals takes place. precious: the excess supply of gold derivatives obviously served to knock down the price, forcing investors to liquidate positions to limit the large losses accumulated on futures. Thus, the more futures prices fell, the more investors sold "synthetic gold", triggering bearish spirals exploited by central banks to buy physical gold at ever lower prices." Ostria |
| Anonymous Coward User ID: 1556117 United States03/09/2019 08:38 AM Report Abusive Post Report Copyright Violation | |
| Ostria1 (OP) User ID: 77402660 Greece03/09/2019 08:45 AM Report Abusive Post Report Copyright Violation | and what he said about Gold "Gold has worked down from Alexander's time... When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory." Bernard Baruch was the economic advisor for 2 US presidents (Presidents Woodrow Wilson and Franklin D. Roosevelt) during both World Wars. Ostria |
| Anonymous Coward User ID: 1556117 United States03/09/2019 09:06 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1556117 United States03/09/2019 09:06 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77432034 United States03/09/2019 09:59 AM Report Abusive Post Report Copyright Violation | |
| MissCleo User ID: 77082640 United States03/09/2019 12:02 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77432034 United States03/09/2019 12:15 PM Report Abusive Post Report Copyright Violation | |
