Reply to: Physical Gold

[Moscow Mule]

What are the lead times on pb?




IGMC

You're really "plumbing" the depths with that one...

[HairyArsedBloke]

HairyArsed....

forgive me for being dum, i know, i know,

but....

when you say,

'The recent rise in the Dollar is because of the inability of banks/companies to borrow Dollars from each other, they are buying them in the FX market.'


Please advise, if banks and companies are buying benjamins in the forex market, what are they paying for them with ?


sorry for being dum, apologies,

Milan.

Whatever they can get their muck paws on and via currency swaps.

[NotAllThere]

...was reading recently, that there is a delay on delivery on physical ag and au with lead times of 8 to 12 weeks...

What are the lead times on pb?




IGMC

[milanbenes]

HairyArsed....

forgive me for being dum, i know, i know,

but....

when you say,

'The recent rise in the Dollar is because of the inability of banks/companies to borrow Dollars from each other, they are buying them in the FX market.'


Please advise, if banks and companies are buying benjamins in the forex market, what are they paying for them with ?


sorry for being dum, apologies,

Milan.

[milanbenes]

expat,

they know best :-)

Milan.

[expat]

afternoon all,

well, the gold bugs are coming out of the seams

was reading recently, that there is a delay on delivery on physical ag and au with lead times of 8 to 12 weeks

somebody was suggesting price of the shiny stuff is gonna fall to 750 and then woosh up to 1400 - 2000

get yourself some krugers while you still can

Milan.

Í will just remind the assembled company that Milan has been suggesting bullion for a little while now, to general sniggering from the back. Last laugh?

[HairyArsedBloke]

to be honest, I think those pulling the strings will not let the green back fall from being the world's reserve currency and in my opinion there will be anything happening which is necessary to stop the benjamins from falling - it doesn't take much imagination to think about the possiblities - yes it's a complicated sentence but so is the subject

Milan.

Mmmmmmmm. Link: Chart of Dollar index over the last few years.

The recent rise in the Dollar is because of the inability of banks/companies to borrow Dollars from each other, they are buying them in the FX market.

[milanbenes]

to be honest, I think those pulling the strings will not let the green back fall from being the world's reserve currency and in my opinion there will be anything happening which is necessary to stop the benjamins from falling - it doesn't take much imagination to think about the possiblities - yes it's a complicated sentence but so is the subject

Milan.

[milanbenes]

yep

question:

what to do with cash and what currencies to hold ?

haven't got an gbp but have a lot in eur, if the herd start selling their $ will they buy eur

is it best to put all cash into chf ?

what to do ?

Milan.

[oracleslave]

afternoon all,

well, the gold bugs are coming out of the seams

was reading recently, that there is a delay on delivery on physical ag and au with lead times of 8 to 12 weeks

somebody was suggesting price of the shiny stuff is gonna fall to 750 and then woosh up to 1400 - 2000

get yourself some krugers while you still can

Milan.

Hey milan

Had to stop myself saying great minds think alike.

[milanbenes]

afternoon all,

well, the gold bugs are coming out of the seams

was reading recently, that there is a delay on delivery on physical ag and au with lead times of 8 to 12 weeks

somebody was suggesting price of the shiny stuff is gonna fall to 750 and then woosh up to 1400 - 2000

get yourself some krugers while you still can

Milan.

[PRC1964]

Hmm... I spot a plan B.


http://www.popsci.com/diy/article/20...fake-gold-bars

Now, anyone got some tungsten?

[wobbegong]

But it's only guaranteed whilst it's in a bonded warehouse.

Once you have it in you hands, and you want to sell it you have to pay for it to be assayed.

Thanks MM, I didn't know that.

[Moscow Mule]

But bullion is hallmarked to show weight and purity.

But it's only guaranteed whilst it's in a bonded warehouse.

Once you have it in you hands, and you want to sell it you have to pay for it to be assayed.

[AlfredJPruffock]

You have to wonder what the impact of this will be in the countrys who have relatively recently converted to the Free Market - eg China, Poland, Russia - must now view the collapse of the Free Market - and I wonder waht the view from Cuba and North Korea ?

To quote Greenspan from Feb - we are now experiencing a new disturbing, economic reality.