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Post by code on Mar 29, 2022 11:36:22 GMT
Code Mar!7: MBA Finance Specialisation Diploma of Financial Planning Jobs include: money market dealer, fixed interest manager, options and futures trader Fund manager Investment Director of large insurance company thank you Doug |
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Post by Sigurdur on Mar 29, 2022 17:12:57 GMT
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Post by missouriboy on Mar 30, 2022 16:07:24 GMT
An interesting twist? Or more BS?
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Post by Sigurdur on Mar 30, 2022 17:54:33 GMT
An interesting twist? Or more BS?
Because Putin said Russia will only accept Rubles as payment from the "West", the ruble has recovered to pre-invasion levels. The "West" needs rubles. Russian central bank, We will sell you rubles for gold. |
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Post by missouriboy on Mar 30, 2022 18:25:48 GMT
An interesting twist? Or more BS?
Because Putin said Russia will only accept Rubles as payment from the "West", the ruble has recovered to pre-invasion levels. The "West" needs rubles. Russian central bank, We will sell you rubles for gold. So how "much" gas can Western Europe (Germany) buy with all the gold they have? It's claimed that Germany had 3359 tonnes of Gold in 2021. |
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Post by glennkoks on Mar 30, 2022 20:53:31 GMT
The only thing keeping the dollar as the worlds reserve currency is the lack of a replacement. In the short term I am skeptical of the Yuan replacing the dollar. Long term it's going to happen. Saudi Arabia selling it's oil in Yuan is like dating a stripper. She may look good on the outside but inside she is a still a stripper! |
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Post by walnut on Mar 30, 2022 22:36:00 GMT
The only thing keeping the dollar as the worlds reserve currency is the lack of a replacement. In the short term I am skeptical of the Yuan replacing the dollar. Long term it's going to happen. Saudi Arabia selling it's oil in Yuan is like dating a stripper. She may look good on the outside but inside she is a still a stripper! The yuan has been appreciating against the dollar. But it is still China and their median household income is less than $15,000. Their accounting is always suspect and we never know when China might have a cascading debt collapse thanks to their less than perfectly sound capitalization system where banks, govt and business work so close with each other. Similar to what happened in Asia in the 90's, and for the same reasons, but this time even larger.
If the US could ever get proper leadership running things again, the USD will remain the reserve currency. |
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Post by glennkoks on Mar 30, 2022 22:58:06 GMT
The only thing keeping the dollar as the worlds reserve currency is the lack of a replacement. In the short term I am skeptical of the Yuan replacing the dollar. Long term it's going to happen. Saudi Arabia selling it's oil in Yuan is like dating a stripper. She may look good on the outside but inside she is a still a stripper! The yuan has been appreciating against the dollar. But it is still China and their median household income is less than $15,000. Their accounting is always suspect and we never know when China might have a cascading debt collapse thanks to their strange capitalization habits with banks, govt and business working so close with each other. Similar to what happened in Asia in the 90's, and for the same reasons, but this time even larger.
If the US could ever get proper leadership running things again, the USD will remain the reserve currency. I think President Trump is going to be the second two time non concurrent President in US history behind only Grover Cleveland. I firmly believe, and I will maintain that the US is a center right nation. You cant be extreme right, center right or even center left and like the current direction of our nation. FDR would make Trump look like bat chit crazy liberal should they be running against each other today. That is how far our politics have swung today. |
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Post by missouriboy on Mar 31, 2022 18:23:56 GMT
The demand for the "poor man's gold" (silver) has gotten so high, and the supply so low, that the dealer markup is now ~63% above spot for the US Silver Eagle. Canadian Silver Maple Leafs have a lower markup. Yet, spot has not moved appreciably.
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Post by walnut on Mar 31, 2022 20:40:38 GMT
The demand for the "poor man's gold" (silver) has gotten so high, and the supply so low, that the dealer markup is now ~63% above spot for the US Silver Eagle. Canadian Silver Maple Leafs have a lower markup. Yet, spot has not moved appreciably. That's what I've been hearing.. and that pawn shops and local dealers are paying way over "spot". |
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Post by missouriboy on Apr 1, 2022 2:47:57 GMT
The demand for the "poor man's gold" (silver) has gotten so high, and the supply so low, that the dealer markup is now ~63% above spot for the US Silver Eagle. Canadian Silver Maple Leafs have a lower markup. Yet, spot has not moved appreciably. That's what I've been hearing.. and that pawn shops and local dealers are paying way over "spot". The Gold-to-Silver ratio has been hanging out at about 77 to 1 ... above its longer term mean of about 68. If it drops back to its 2010-12 range in the 50s ... gonna be a lot of swapping going on ... assuming the gold supply is there. It's hard to carry a fortune in silver down the road.  |
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Post by nonentropic on Apr 1, 2022 2:55:32 GMT
Double the price halve the load.
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Post by Sigurdur on Apr 1, 2022 12:20:59 GMT
10 year treasury are rocketing up.
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Post by walnut on Apr 1, 2022 13:03:40 GMT
10 year treasury are rocketing up. I see that they are very wild this morning up and down. |
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Post by code on Apr 1, 2022 16:50:23 GMT
The Fed Is on the March. Can Your Bond Fund Keep Up?Bond investors have been pummeled this year as the central bank has tightened up. Here’s how to think about your portfolio in a period of rising interest rates.
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