European central banks remove their 400t p/a cap on gold sales and replace it with a promise "not to sell significant holdings". Being spun in the MSM as a positive for gold. :/ https://uk.finance.yahoo.com/news/europe-agrees-pact-avoid-gordon-181034130.html
That's what central banks do with gold. When speculators buy, buy too, drive price higher, give them lesser ounces. When speculators sell, sell too, drive price lower, give them less fiat. It doesn't surprise me a bit to read this change from a defined figure an ambigious open interpretation. Remember the IMF, bought 191 tonnes in 2008. Sold them in 2010, every month a chunk, as to 'not disturb' the market. It's just haha. And guess where the IMF used the profits it chewed out the gold market? To pay its administration bills and to aid poor African governments. Central banks created trillions, and sponsored hundreds of billions, to a number banks and big companies. Central banks buy eachothers treasuries. Everybody bails out everybody. But the IMF needed to sell gold to get fiat for the administration etc bills. Ridiculous? Of course. It's just an excuse, and sometimes I have a hard time understanding why anyone that stacks, would chose gold. The shorter term money for nothing club, that buys in the anticipation to sell next day,week,month,year, yes. But saving in gold? And some go even beyond that: they find it a bullish signal that central banks buy gold. The same whose inflation we hedge against, buy gold. Hello?
Seriously dude spaces and the enter button are your friend. Treat them like a girlfriend and keep tapping them. Makes it easier to read your rants. But kudos on keeping under 10 sentances. oh wait hang on a sec.
Europe sells. Russia buys. http://www.goldcore.com/goldcore_bl...s_Of_Gold_Worth_1_17_Billion_Dollars_In_April
Seriously dude there is a turtle walking between your lines and at the end of each one there is a hippopotamus yawning, but kudos on keeping under 4 sentances oh wait hang on a week.
This is the tic data: http://www.treasury.gov/ticdata/Publish/mfh.txt Russia dropped. Others bought more. Total: the same. March 2013 was 1270.3 billion March 2014 was 1272.1 billion In march 2007 Russia had 7.7 billion US Treasuries. In juni 2011 Russia had a peak 151.7 billion US Treasuries. In march 2014 Russia had 100.4 billion US Treasuries. Oh My God Russia is dumping dollars! Oh My God Russia dumps them for gold! Hurry buy some gold too before they buy it all up!
Basically this is a central planned version of a relay race. In 2003 small Japan had 3.5 times the amount Treasuries of big China. Now both have about the same. Even Luxembourg, with a population of just half a million, has about half more Treasuries than Russia. Shows that country population/size/whatever is meaningless, and that it's just a relay story. And of course central banks sit behind this. Governments / central planners work together in this relay scheme, including Russia and the rest of the BRICS, so called against US, but happily snagging up its Treasuries.
Give the guy a break, English is not his first language. Not everyone can be an Aussie. Only 23 million minted.
I don't put an empty line after every sentence. I don't want posts that are twice as long. I don't want topics that scroll twice as much. I don't put an empty line after every sentence. I don't want posts that are twice as long. I don't want topics that scroll twice as much.
They should find your English Master, and SACK HIM! Written English is a communication between 2 people, the writer and the reader. The message should be conveyed in a clear and easily read form, not only in construction but also in presentation. You should write as you would speak. D- OC
He has a pretty good grasp of the English language and doubt anybody has a problem understanding him or what points he wishes to convey. A bit of structure to make the posts more readable would be preferable. I want to read his posts but they're just a continuous flow of words and unfortunately find myself skipping over them. New idea = new paragraph. All we want is paragraphs! And then maybe we can work on succinctness
Picco you might have some very good points... but there's no way i'm going to trawl through the walls of text and stats that you put up instead of cogent statements... this isn't the first time the nature of your posts has been brought up with you
I can usually manage to get some good sense out of his posts and can think of plenty of native speakers who can't put a coherent thought into writing. Should he just not share his opinions because you can't take a few seconds to come out of your reading comfort zone? Quite a few articles I want to read I have to cut and paste into Google Translate, even without paragraphs this is still much easier. Except the tables, they are hard to read.
Words are seeds so be careful what you plant tend them carefully in what you have to say, for you might have to eat what you planted one day.
