Brodsky On "Gold Monetization And The Big Reset"
...Asset monetization (and in, particular, gold monetization) would solve many more problems than it would create. The negatives would merely recognize the balance sheet damage already done and beginning to be manifest (first, in the private sector and now, increasingly in the public sector).
Mechanically, policy-administered asset monetization would be quite simple. Using the US as an example, the Fed would purchase Treasury’s gold at a large and specified premium to its current spot valuation. The higher the price, the more base money would be created and the more public debt would be extinguished. An eight-to-tenfold increase in the gold price via this mechanism would fully-reserve all existing US dollar-denominated bank deposits (a full deleveraging of the banking system). An appropriate multiple of today’s spot price could fully-extinguish the public debt if desired...
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Hooimijt Juni 2012
- Spruitje
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Re: Hooimijt Juni 2012
Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing.
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Re: Hooimijt Juni 2012
Blijft een grote rol zien voor FED, er verandert verder niets, behalve dan dat goud de schulden (incl. Derivaten?) moet opsponzen. Dan moet een ounce naar een miljoen?Spruitje wrote:Brodsky On "Gold Monetization And The Big Reset"
...Asset monetization (and in, particular, gold monetization) would solve many more problems than it would create. The negatives would merely recognize the balance sheet damage already done and beginning to be manifest (first, in the private sector and now, increasingly in the public sector).
Mechanically, policy-administered asset monetization would be quite simple. Using the US as an example, the Fed would purchase Treasury’s gold at a large and specified premium to its current spot valuation. The higher the price, the more base money would be created and the more public debt would be extinguished. An eight-to-tenfold increase in the gold price via this mechanism would fully-reserve all existing US dollar-denominated bank deposits (a full deleveraging of the banking system). An appropriate multiple of today’s spot price could fully-extinguish the public debt if desired...
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Re: Hooimijt Juni 2012
Persoonlijk heb ik d'er niets op tegen dat 'n Oz naar 'n miljoen $ zou gaan maar ik vrees dan ook dat het voor de man met de pet moeilijk gaat zijn om het in handen te houden.
Dan zullen ze het wel uit onze handen komen halen vrees ik.
Dan zullen ze het wel uit onze handen komen halen vrees ik.
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Re: Hooimijt Juni 2012
Eerst de wereld verzuipen in schulden en dan "ons" goud willen hebben! Gaan we natuurlijk niet instinken; echt geld naar kwaad geld brengen. Hard voor hard lijkt mij de enige optie. Wat staat er eigenlijk tegenover goud?Spruitje wrote:Persoonlijk heb ik d'er niets op tegen dat 'n Oz naar 'n miljoen $ zou gaan maar ik vrees dan ook dat het voor de man met de pet moeilijk gaat zijn om het in handen te houden.
Dan zullen ze het wel uit onze handen komen halen vrees ik.
De man met de pet levert nu al haar spulletjes in bij de vele goudinkopers. Juweliers zijn inmiddeles "netto schrootinkopers" denk ik wel eens.
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Re: Hooimijt Juni 2012
Lunchen met Buffet voor 3.5milj$ (voor 'n goed doel)
Ge moet het er maar voor over hebben om met 'n seniele vent te gaan eten.
Lunchen met Warren Buffet voor 3,5 miljoen dollar
Ge moet het er maar voor over hebben om met 'n seniele vent te gaan eten.
Lunchen met Warren Buffet voor 3,5 miljoen dollar
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Re: Hooimijt Juni 2012
Brecht Arnaert

Wat is de USD nu waard?en ziet de rest van de internationale gemeenschap in dat wanneer de dollar valt, 25 tot 30 procent van de assets die in hun eigen centrale banken aangehouden worden, op slag niets meer waard zouden zijn.

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Re: Hooimijt Juni 2012
Wat de gek er voor geeft : .....Adamus wrote:{ ... }
Wat is de USD nu waard?


Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
But since no one was listening, everything must be said again.
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Re: Hooimijt Juni 2012
Jim Sinclair’s Commentary
"The key element is trust. That was true when money was a piece of metal that you could bite or bounce. Now that money is just a piece of paper, it’s even truer. Today’s money is nothing but trust.
That’s why the euro crisis is so bizarre. The euro is, in theory, one of the world’s great currencies. And yet, as this crisis has demonstrated, nobody actually stands behind it. There is no lender of last resort. There is no "full faith and credit." There’s nobody on the other end of the promise."
This is the main reason you heard from President Obama, Chairman Bernanke and Geitner last week. This is why the Euro must not fail. This is why QE to infinity is certain. The crisis of fiat currency is here and now, not in the future.
"The key element is trust. That was true when money was a piece of metal that you could bite or bounce. Now that money is just a piece of paper, it’s even truer. Today’s money is nothing but trust.
That’s why the euro crisis is so bizarre. The euro is, in theory, one of the world’s great currencies. And yet, as this crisis has demonstrated, nobody actually stands behind it. There is no lender of last resort. There is no "full faith and credit." There’s nobody on the other end of the promise."
This is the main reason you heard from President Obama, Chairman Bernanke and Geitner last week. This is why the Euro must not fail. This is why QE to infinity is certain. The crisis of fiat currency is here and now, not in the future.
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
But since no one was listening, everything must be said again.
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Re: Hooimijt Juni 2012
De Duitsers gebruiken tot 1947 de waardeloze Reichsmarken. Vertrouwen is toekomst.........Indiana Jones wrote:Jim Sinclair’s Commentary
"The key element is trust. That was true when money was a piece of metal that you could bite or bounce. Now that money is just a piece of paper, it’s even truer. Today’s money is nothing but trust.
That’s why the euro crisis is so bizarre. The euro is, in theory, one of the world’s great currencies. And yet, as this crisis has demonstrated, nobody actually stands behind it. There is no lender of last resort. There is no "full faith and credit." There’s nobody on the other end of the promise."
This is the main reason you heard from President Obama, Chairman Bernanke and Geitner last week. This is why the Euro must not fail. This is why QE to infinity is certain. The crisis of fiat currency is here and now, not in the future.