Commodity Trade Mantra

Posts Tagged ‘Russia and China’

Saudi Market Share Hit As Russia Doubles Oil Exports To China

Russia had overtaken Saudi Arabia as China’s leading supplier of crude oil at the end of last year. Russia’s exports to China had more than doubled over the course of the past years — an increase equivalent to 550,000 barrels a day, while the two major oil suppliers – Saudi Arabia and Iran, saw their Chinese oil orders decline year-over-year.

Foreign Central Banks Dumping US Debt & Buying Gold at Alarming Pace

Central banks around the world sold off a net $17 billion in US Treasury bonds in March. Sales set a record in January, hitting $57 billion. Between December and February, China’s central bank sold off an alarming $236 billion. By selling US debt, central banks can get hard cash to buy up their local currency. But many of them aren’t just purchasing local currency. They are buying gold.

Falling Chinese Demand Could Intensify The Crude Oil War

For exporters of commodities & industrial materials, the shrinking of the world’s largest source of demand is bad news. Nowhere is this more evident than in the Chinese energy sector, as crude oil accounts for 6% of total imports. China’s economic slowdown, combined with a global push towards renewable energy, could threaten the already fragile levels of its crude oil demand.

Gold, Oil, & 'Grandmaster' Putin's Trap

It is important to keep in mind that the dollar’s attacks on gold end always end the same way – in a painful knockout for the dollar. It would be naive to believe that this is unknown to that grandmaster of patience, Vladimir Putin. By systematically increasing their gold reserves, Russia and China are relentlessly moving forward to strip the US dollar of its status as a global reserve currency.

Petrodollar Death Means A Liquidity And Oil-Exporting Crisis On Deck

The Petrodollar, long serving as the US leverage to encourage & facilitate USD recycling in US-denominated assets by the Oil exporting nations & thus a means to steadily increase the nominal price of all USD-priced assets, just drove itself into irrelevance. As a consequence of a drop in oil prices, global market liquidity will fall.

A Tidal Wave of Gold Repatriations Could be Unleashed

The double whammy of a YES vote in the Swiss gold referendum and the repatriation of France’s gold from the NY FED, will be more than what the current manipulated system can handle. You will see widespread shortages of gold as the FED “attempts” to fill in the holes that they have drilled in their vaults throughout the years.

Why Gold Should Rise And Exceed Previous Highs

Gold is actually going to rise faster than it fell. Normally markets take the stairs up and the elevator down. I think that gold is going to take a rocket ship back up. All the gold dumped out of ETFs is sitting in vaults in Russia and China & will never see the light of day again. So when the buyers want it back, the gold is not going to be there.

Gold And Silver – A Change In Suppressed Down Trend?

Until there is a clear break of elite’s central banking dominance over gold and silver markets, there will be no dramatic recovery reflective of where the true price for both should be. The current distorted pricing, as dictated by the paper derivative market & not actual physical metal, will prevail demonstrating the power the elites exert at will.

Gold And Silver – Charts Show Power Of Elite’s Central Bankers

The best answer as to when will gold and silver rise to values that are reflective of the perverse distortion of their role as a known and accepted store of value is: Not a day before the end of the moneychangers control over the existing fiat system so deeply entrenched and accepted for its existence.

How The Petrodollar Quietly Died, And Nobody Noticed

Basically, the Petrodollar, long serving as the US leverage to encourage and facilitate US Dollar recycling, and a steady reinvestment in US-denominated assets by the Oil exporting nations, and thus a means to steadily increase the nominal price of all USD-priced assets, just drove itself into irrelevance.

Buy Gold and Silver to Protect Your Wealth

The current geopolitical tensions are going to worsen in the short-term. No matter what media you may believe, in the end you have to look after yourself & the way things are going every individual should own some physical gold and silver. They provide the ultimate insurance against bad decisions made by governments.

Russia & India Begin Negotiations To Use National Currencies, Bypassing Dollar

Suddenly India is now the great Asian wildcard. India agreed with Russia to create a task group to work out a mechanism for using national currencies in settlements. Another major bilateral arrangement is set up that completely bypasses the dollar. Japanese companies are also looking to shift to India due to political problems in China.

Gold And Silver – BRICS And Germany Will Pave The Way

The House of BRICS just keeps building, gold brick by energy brick, in stark contrast to the House Of Paper by the US. It is now, not a question of an upside breakout for physical gold and silver. Rather, it is more a question of the ongoing breakdown and collapse of the Western banking system and fiat “dollar.”

The Birth of an Eurasian Century: Russia and China do Pipelineistan

See the first real fireworks in the celebration of a new Eurasian century-in-the-making with Russian President Vladimir Putin visiting Xi in China. You remember “Pipelineistan,” all those crucial oil and gas pipelines crisscrossing Eurasia that make up the true circulatory system for the life of the region.

China Signs Non-Dollar Settlement Deal With Russia's Largest Bank

Slowly – but surely – the USD’s hegemony is being chipped away. VTB – among Russia’s largest banks – has signed a deal with Bank of China to pay each other in domestic currencies, bypassing the need for US Dollars for “investment banking, inter-bank lending, trade finance and capital-markets transactions.”

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