The Fed’s money-printing approach to solving the problem has resulted in a financial ‘backhanding’ of emerging markets and currencies James explains, in that, “Emerging markets [keep] most of their reserves denominated in dollars…and the Fed is manipulating the dollar, manipulating interest rates, manipulating exchange rates…manipulating every market in the world…[So] the Fed is like a drunk driver running over pedestrians and then blaming the pedestrians for being in the way…Things could easily spin out of control because of the Fed’s lack of understanding of how the emerging markets are really reacting to and dependent upon the Fed manipulation.”
In response to the continued Fed mismanagement and growing world currency war, it’s becoming clear according to Jim, that, “[Countries] want physical custody of gold…[they're] positioning for the day when there’s a massive loss of confidence in paper money…You’re seeing it with massive acquisitions of gold by Russia and China taking place through channels that bypass the London Bullion Market Association…They’re buying mines in Western Australia. They’re having the ore refined right there in Australia at the Perth Mint, and then shipping the gold straight to Shanghai. They’re completely bypassing the London market where they minimize their market impact, which is a smart move. That’s what you would do if you were trying to buy gold and not run up the price. You would do everything in secret and that’s what’s going on.”
- Source, Bull Market Thinking:
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但楊先生果邊,又俾佢搵到以下新聞woo. 真係唔明點解俄佬無啦啦點解會沽金?唔通係沽左紙金????
http://www.hkej.com/template/onlinenews/jsp/detail.jsp?title_id=165591
央行沽金,還有加拿大和墨西哥
據世界貨幣基金(IMF)數據顯示,9月俄羅斯在一年中第一次減持黃金,墨西哥則連續17個月減持黃金,哈薩克斯坦連續12個月增持黃金。
俄羅斯黃金減持0.37噸到1015噸,加拿大和墨西哥也都減持了黃金。哈薩克斯坦黃金儲備則增加了2.52噸到137.04噸。
“由於買家主要在新興市場,而從過去幾個月新興市場的狀況來看,黃金購買減緩,用銀行的資產負債表用於其它方面是很合理的,”摩根士丹利(Morgan Stanley)分析師Peter Richardson說,“再加上ETF的流出,整個計價模式開始變地更合理。”
世界黃金協會(WGC)預計,各國央行黃金購買總量在2013年可達350噸。
IMF數據顯示,加拿大黃金儲備從上個月的3.1噸減少到3噸,墨西哥黃金儲備減少0.1噸到123.5噸。土耳其增持黃金2.9噸到490.3噸,連續第三個月增加。阿塞拜疆連續第9個月增持,白俄羅斯、科威特、吉爾吉斯斯坦、塞爾維亞以及烏克蘭也都增持黃金。
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