Valentin Schmid, Business Editor of The Epoch Times discusses the Asian International Investment Bank
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Agreed, and they will grow in importance when the dollar shows more weakness further down the road.
Well, sorry but i have to repeat:
… lol !
The Federal Reserve has effectively thrown in the towel on any raise in interest rates.
The dollar’s parabolic moon shot may be over…
UK, Germany, France, Italy, & Australia ditch the US, join Chinese/Russian-led Asian Infrastructure Investment Bank.
The dollar will begin to weaken when the market begins to realize what has occurred.
About the new LBMA in London, China is so disgusted with the whole process they have decided, thus far, not to participate in the “new” gold fix. As a matter of fact, they have decided there should be a gold fix based on the yuan (renminbi) and the price discovery should be handled in Shanghai at the Shanghai Gold Exchange.
http://www.goldmoney.com/research/analysis/the-new-order-emerges?gmrefcode=gata
http://kingworldnews.com/dr-philippa-malmgren-3-21-15/
If you OBEY and serve me your FREE ! http://www.france24.com/en/20150216-strauss-kahn-prostitutes-drop-charges/ Totaly noting to dow whit the USA ! You will understand in September POPE FRANCIS COMING !
You don’t OBEY ! Francis police coming NEXT ! https://www.youtube.com/watch?v=kE5AERj_7Zs
Massive pedophile ?
Who isn’t upset with OBAMY……..
UP UP UP AND BOB CHAPMAN ! https://www.youtube.com/watch?v=FgCMZ6gdX0U
OK ! J,,,,,,,,,,,,THE LONG,,,,,,,,,,,,,,OOTB ! https://www.youtube.com/watch?v=rqNfdfPH1po
The USA is no in CONTROL THE NAM OF THE GAME IS THE NEW WORLD ORDER ! UP AND DOWN ! https://www.youtube.com/watch?v=Z0oWhUeyhU4
ZB……..IS SLEEZEE………………
THANKS FOR ALL THE UP DATES…………..franky………………………..j
Al a game ! https://www.youtube.com/watch?v=U8L4MqmHkjc
Dont trust ME don’t think me ! Day are KILLING THE FREE INTERNET ! SOON I GO !
De dollarization could be complete by the end of 2015.
https://www.youtube.com/watch?v=rK0e5UPI9O4
Andrew, The baby boom generation had it all, lots of jobs, healthcare, cheap real estate,almost free education, but they totally screwed up the chances for future generations by being greedier then their parents whom they rebelled against in the sixties. I guess most people must feel the pain to understand the future, it never was a good policy to just hand over an easy lifestyle. DT
DT,
You are RIGHT ON…my friend…RO!…as in DITTO!…:)
With all the infrastructure build out in Asia and more so in North America commodities will play the biggest role.
Something is about to give.
http://www.silverdoctors.com/alasdair-macleod-fed-throws-in-the-towel-something-is-about-to-break/
Nice article ………calls for two thirds retracement…..that would be about 1251..thanks A…………………………………………………………….j
I don’t know why some people use China crash as one of the reasons to predict gold will rise. Does the logic suggest, if the biggest customer is broke, the demand will go down? Therefore the price will go down? I would be bearish at gold if I predict collapse of China.
Interesting times we are living …
Lagarde says IMF to co-operate with China-led AIIB bank
http://www.bbc.com/news/business-32007090
Ki believe aggards became IMF chairman with Chinese as the main supporter. Also China contribue a lot to IMF. It cannot afford upset China.
Sorry for the errors but somehow the iPhone keeps changing my words
I not Ki
the dollar collapse will take yrs Reverend with all due respect
You reckon agatha? Gone by 2020 at the outside?!
Listen to yer Fleckenstei (especially if yer Avi Gilburt bullish)….
http://kingworldnews.com/bill-fleckenstein-3-22-15/
And what happened to the Fleck on Fleck segments here at this here Korelin Economic Report?
“I don’t know why some people use China crash as one of the reasons to predict gold will rise. Does the logic suggest, if the biggest customer is broke, the demand will go down? Therefore the price will go down? I would be bearish at gold if I predict collapse of China.” Lawrence
China is the world’s #1 producer of gold.
China is purchasing 88% of all the gold produced in the world.
China has accumulated the largbest amount world’s gold,estimated to be in the 20,000 tonne range now.
If the global elites/China’s plan is a currency restructuring in part backed by gold,then a higher gold price benefits the debts that China will carry by inclusion in the SDR.
It will also give China a larger weighting with their gold holdings should the value rise,instead of fall.
China is controlling bullion with the Shanghai Exchange and will soon be maintaining the value of their investment with seats on the new LBMA.
China’s revalued gold will contain the debt bubble that has been created.
A revaluation/rising gold price will allow the global debt can to be kicked down the road a few more years,while China configures their ascension within this new world order.
If Chinese economy collapses, all of the above should not happen. China will be weakened and her international position will suffer greatly, like Russia. I am not saying that China will crash, I am just saying we should not count on that to boost gold price.
The Chinese gold has everything to do with the global elite’s allowing China to cover their debts.
The rise in the price of gold will protect the currencies of the SDR members,most especially America.
China is ascending to international economic importance on the back of gold.
The SDR inclusion has been decades in the making. America can no longer survive without the Chinese gold covering their debts in a new global currency reevaluation / restructuring.
I saw some posts looking for an entry point to buy offshore drillers…….I would not be buying offshore oil drillers at this point. A few drillers are headed for Bankruptancy. Lots of offshore rigs are being scrapped and many mothballed….rig rates have been slashed for ones still working.
The drilling market will not recover until around mid 2016.
Title of story lined above:
“UK support for China-backed Asia bank prompts US concern”
Also:
http://uk.reuters.com/article/2015/03/22/uk-china-bank-europe-insight-idUKKBN0MI0EV20150322
Insight – How Europe and U.S. stumbled into spat over China-led bank
The AIIB and the coming CIPS—-more chinks in the dollar’s armor.