Commodity Trade Mantra

Posts Tagged ‘BRICS Nations’

Gold And Silver Prices At Current Levels Do Not Matter

There are no reasons to buy paper gold or silver & it is too risky to pay up and buy into a rally, at this early stage. But the reasons for buying and holding physical gold and silver are more compelling than ever, and we expect those reasons to become even more compelling. Price is irrelevant and way, way undervalued.

China’s Silk Road Economic Project Will Include Gold

It was first disclosed by Albert Cheng, Managing Director of World Gold Council, in a speech Apr 12, 2015; China has ambitions to include gold in the One Belt One Road (OBOR) economic project. His proposal suggested that cooperation & development mechanism to involve major gold producers/users along the OBOR.

Gold And Silver Without Direction – Insanity Prevails

From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. The hope is that China & Russia, with all of its gold and huge natural resources, along with the remaining BRICS nations will put an end to the elite’s fiat control over everything and everyone.

Gold Imports Phenomenal In India - Up 571% To 150 Tonnes in Nov

Some of the restrictions that were imposed on Indian gold imports in August of 2013 were lifted at the end of last month. Despite the fact that all the restrictions were still in place, gold importation in November surged an incredible 571% relative to the same month last year at over 151.58 tonnes.

Why Russia’s Unfazed by Falling Oil Prices

Oil is not quite as powerful a weapon against modern-day Russia as one might think. If Russia ramps up production to raise revenues, it will lead to a bigger fall in oil prices. And one of the primary victims will be US shale production. The slide in oil prices threatens American energy independence & emboldens rather than weakens Russia.

No Escape from the Dollar as the Currency Standard

All commodities are priced internationally in dollars & the dollar is used for over 80% of cross-border trade settlements.The yuan, ruble, rupee & all other Asian & emerging-economy currencies involved may be able to trade between themselves without the dollar, but still remain on a dollar standard.

Prospects For Gold And Silver From A Russian Point Of View

We should act paradoxically when we deal with the West. We will sell Rubles to consumers of our oil & gas, and later exchange Rubles for Gold. If they do not like this, let them not do this & freeze to death. Before they adjust & this will take them 3 of 4 years, we will collect tremendous quantities of Gold. – Izvestia

Gold And Silver – Be Prepared For A Weekend Surprise

Charts depicting countries purchasing gold, graphs showing depletion of COMEX, LBMA, GLD, are well done & nice to look at, but none address why the price of gold and silver are at relatively low levels. Gold, more so than silver, has been purposefully suppressed to keep the petrodollar propped up.

Power Of Elites More Important Than China’s Gold

There is a power struggle going on between West v East, and until it plays itself out, the West has a vested interest in suppressing the price of gold and silver in order to preserve the worthless fiat “dollar” as the elite’s chosen world reserve currency. That is the power of the elites!

Gold War In East V/s West And Both Are Still Winning!

China and every other BRICS nations win as they get to import gold at cheaper and cheaper price levels. The Western central bankers have been winning the paper battle on gold by suppressing gold prices, but they are also losing the most important war, economic dominance.

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