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***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...

 
US T-Bills
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11/07/2009 01:13 AM
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***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Selling is not required for substantial depreciation in a major currency.

Momentum collapse in buying is all that is required for a severe depreciation in any major currency.

The USA in all probability will not be able politically to deliver support for the SSCI, however political control of monetary policy is CERTAIN as the Fed cannot win this contest against the Administration in the form of the US Treasury.

Bernanke becomes a team player or a team player will replace him.

The US financial leadership wants, but more so needs, Chinese buying of US Treasury offerings to remain at these levels but more so to increase to offset the wholly unavoidable increase in offering of US Federal Debt.

The Chinese wish to see the USA support the creation of a Super Sovereign Currency as an offset to dependence on the dollar for international settlements and national reserves.

The Chinese rightly feel that the greatest risk to their present dollar position’s valuation is quantitative easing. or simply put, the monetization of one’s own debt by the electronic creation of money for funding yourself.

You will note that the QE program was extended until October, particularly the end of October. This is what Bernanke would like to see, hoping the Management of Perspective Economics will succeed. The Chairman as the academic he is really believes it is possible.

The later is becoming a probability as it is hard to trust a prior adversary.

The depreciating dollar was a tool of Roosevelt’s failed anti-deflation program that like monetary stimulation is believed to have been abandoned too soon in the 30s by Administration intellectuals. Because of this, the US dollar is out of the picture for serious Administration consideration other than as a sales issue on US treasuries.

It is my understanding that the BRIC countries, not China alone, have given the US until early November to deliver.

November 7th 2009 to be exact!


What's happening tommorow? 20G Meeting!

[link to jsmineset.com]
Anonymous Coward (OP)
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11/07/2009 01:20 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump
Anonymous Coward (OP)
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11/07/2009 01:20 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
PIN THIS!
Anonymous Coward
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11/07/2009 01:21 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
yikes!
Anonymous Coward (OP)
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11/07/2009 01:22 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
GET DOWN! IT'S COMING! hiding
Anonymous Coward (OP)
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11/07/2009 01:25 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Jim Sinclair's Bio, He's BIG TIME:
Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York , Kansas City, Toronto , Chicago , London and Geneva , were sold in 1983.

From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by the Chairman of the Federal Reserve, Paul Volker.

He was also a General Partner and Member of the Executive Committee of two New York Stock Exchange firms and President of Sinclair Global Clearing Corporation (commodity clearing firm) and Global Arbitrage (derivative dealer in metals and currencies).

In April 2002, shareholders of Tanzanian Royalty Exploration (formerly Tan Range Exploration) approved the acquisition of Tanzania American International, a company controlled by the Sinclair family, for shares in Tan Range . Following this transaction, Mr. Sinclair became Chairman of Tan Range and now leads its efforts to become a gold royalty company.

He has authored numerous magazine articles and three books dealing with a variety of investment subjects, including precious metals, trading strategies and geopolitical events, and their relationship to world economics and the markets. He is a frequent and enormously popular speaker at gold investment conferences and his commentary on gold and other financial issues garners extensive media coverage at home and abroad.

In January 2003, Mr. Sinclair launched, “Jim Sinclairs MineSet,” which now hosts his gold commentary and is intended as a free service to the gold community.
Anonymous Coward (OP)
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11/07/2009 01:27 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Countdown!

[link to jsmineset.com]
Anonymous Coward
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11/07/2009 01:57 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump

Important stuff.
Anonymous Coward
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11/07/2009 02:00 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump
Anonymous Coward
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11/07/2009 02:25 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump
olo

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Australia
11/07/2009 04:57 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
abduct
Anonymous Coward
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11/07/2009 05:03 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!
olo

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Australia
11/07/2009 05:17 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!
 Quoting: Anonymous Coward 779693


Ditto lol
i
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United Kingdom
11/07/2009 05:21 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
it means godzillahhhhhhh
Anonymous Coward
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United States
11/07/2009 05:30 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Story, Heneghan and Fulford are all on the same page with this!
Anonymous Coward
User ID: 806286
United States
11/07/2009 05:32 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Selling is not required for substantial depreciation in a major currency.

Momentum collapse in buying is all that is required for a severe depreciation in any major currency.

The USA in all probability will not be able politically to deliver support for the SSCI, however political control of monetary policy is CERTAIN as the Fed cannot win this contest against the Administration in the form of the US Treasury.

Bernanke becomes a team player or a team player will replace him.

The US financial leadership wants, but more so needs, Chinese buying of US Treasury offerings to remain at these levels but more so to increase to offset the wholly unavoidable increase in offering of US Federal Debt.

The Chinese wish to see the USA support the creation of a Super Sovereign Currency as an offset to dependence on the dollar for international settlements and national reserves.

The Chinese rightly feel that the greatest risk to their present dollar position’s valuation is quantitative easing. or simply put, the monetization of one’s own debt by the electronic creation of money for funding yourself.

You will note that the QE program was extended until October, particularly the end of October. This is what Bernanke would like to see, hoping the Management of Perspective Economics will succeed. The Chairman as the academic he is really believes it is possible.

The later is becoming a probability as it is hard to trust a prior adversary.

The depreciating dollar was a tool of Roosevelt’s failed anti-deflation program that like monetary stimulation is believed to have been abandoned too soon in the 30s by Administration intellectuals. Because of this, the US dollar is out of the picture for serious Administration consideration other than as a sales issue on US treasuries.

It is my understanding that the BRIC countries, not China alone, have given the US until early November to deliver.

November 7th 2009 to be exact!


What's happening tommorow? 20G Meeting!

[link to jsmineset.com]
 Quoting: US T-Bills 792784


Its called the SDR.
Special Draw Rights have been around for a long time and are being expanded tfor use as the worlds new reserve currency.

This is OLD NEWS.
Hillcrest

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11/07/2009 05:33 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
GET DOWN! IT'S COMING! hiding
 Quoting: Anonymous Coward 792784


mommy!!!!!!!!!
Water always wins. :sun:
Anonymous Coward
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United States
11/07/2009 05:37 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!
 Quoting: Anonymous Coward 779693



SHBC and BofA issued internal guidance of DOW at 4500.

1/3 of the value of the US dollar is transactions conducted abroad. Another 1/3 is based on the value of Oil transactions. A switch to SDR's essentially ends the ability of the US to control the worlds financial transactions and markets. or a 2/3 drop in overall US economic power abroad.
Doomicus Posticus
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Greece
11/07/2009 05:37 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!
 Quoting: Anonymous Coward 779693

It means that we are fucked


damned damned damned
Doomicus Posticus
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Greece
11/07/2009 05:40 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!
 Quoting: Anonymous Coward 779693

Thou shalt keep your dollars for fire starter lol
Anonymous Coward
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Netherlands
11/07/2009 06:00 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
VERY interesting; especially since Dr. Calleman has predicted, based on the Mayan calendar, that Nov. 7th will be the start of a major collapse, likely currency and system related!!!


Carl Calleman The Mayan Calendar and Money (vid):


[link to 2012portal.myfeedportal.com]
(scroll down a bit for video)
Anonymous Coward
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Netherlands
11/07/2009 10:52 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump
ANNONYMOUS
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11/07/2009 11:09 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump
Anonymous Coward
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United Kingdom
11/07/2009 11:19 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
finally

let's get it on.

abomb
Falconia
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11/07/2009 11:25 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
bump

For info that supports or not
Anonymous Coward
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11/07/2009 11:27 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
it means godzillahhhhhhh
 Quoting: i 810945


Check out those Doc Martens
Avian

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11/07/2009 11:35 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!



SHBC and BofA issued internal guidance of DOW at 4500.

 Quoting: Anonymous Coward 806286


you got more info on that guidance source?
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."
- Frédéric Bastiat

food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck
Anonymous Coward
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Argentina
11/07/2009 11:44 AM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
strongman shelford thread:


10/24/2009 11:55 AM
Report abusive post Hi , I am strongman shelford. Are bullion dealers open on Saturdays in the US? I would be going there now

Thread: Hi , I am strongman shelford. Are bullion dealers open on Saturdays in the US? I would be going there now
Anonymous Coward
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11/07/2009 12:03 PM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
BUMP PIN THIS DAMMNIT THE FREAKING FORUM ADMINISTRATORS ARE DUMB AS SHIT NOT TO PIN THIS!
Anonymous Coward
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United States
11/07/2009 12:05 PM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Not to sound like a retard, but what does this mean? Thanks!



SHBC and BofA issued internal guidance of DOW at 4500.



you got more info on that guidance source?
 Quoting: Avian


Second that request.
Anonymous Coward
User ID: 512611
United States
11/07/2009 12:15 PM
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Re: ***MAJOR RED ALERT*** BRIC Nations gave US deadline of November 7th 2009 to support Super Sovereign Currency, OR Monday they're to STOP buying...
Interesting. I thought something military is to take place on 9/11/09.





GLP