2020 Collapse

[mmm....shiney!]

The one that dictate global rates and money printing wins.

The Fed doesn’t dictate global monetary policy. I can’t comment on the Singaporean situation, but the situation in Australia is different.

Edit to add: what foreign CBs do certainly has an influence on domestic monetary policy granted.

 

[mmm....shiney!]

2 year yields ticking up slightly in Oz and in the US, 20 bips difference though.

 

[sgbuyer]

The Fed doesn’t dictate global monetary policy. I can’t comment on the Singaporean situation, but the situation in Australia is different.

Edit to add: what foreign CBs do certainly has an influence on domestic monetary policy granted.

The SGD is partially pegged to the USD so it's quite different from the AUD which I've read it is "pegged" to copper. Makes buying gold a little easier though.

 

[JohnnyBravo300]

The fed cant taper and they dictate all monetary policy throughout the world. Where do you think the pollies get their orders?
They are just that smart all by themselves?
The central bankers are the government now plain and simple.
Where you been for the last 50 years haha.

 

[sgbuyer]

At the moment, the US is in the best position. High energy price sucks the life out of energy deficit economies like europe and much of asia. No energy, no electricity, no money. Showing off hypersonic weapons can't warm cold citizens cursing the governments. If the real intention of the green energy is to this end, it worked.

 

[mmm....shiney!]

The fed cant taper and they dictate all monetary policy throughout the world. Where do you think the pollies get their orders?
They are just that smart all by themselves?
The central bankers are the government now plain and simple.
Where you been for the last 50 years haha.

Wrong thread, should be in the conspiracy theory one.

 

[mmm....shiney!]

The SGD is partially pegged to the USD so it's quite different from the AUD which I've read it is "pegged" to copper.

By “pegged” you mean it’s a commodity currency linked to demand for industrial metals I take it?

 

[TreasureHunter]

The Fed should have bought Bitcoin when it was 25 $ a piece.
...
...
...
...
...
...or maybe they did in secret and they will mass-sell it in order to pay off debt? And to empower the dollar and to ruin Bitcoin?

 

[mmm....shiney!]

The Fed should have bought Bitcoin when it was 25 $ a piece.

Why? They don't need it. We do though to protect ourselves from the actions of our Central Banks.

..or maybe they did in secret and they will mass-sell it in order to pay off debt?

Any mass liquidation of assets in order to meet debt obligations is a road to ruin for the holder. The price of the asset would plummet and the debt would remain only partly paid off. It's like CEOs etc, they may be wealthy on paper but the minute they sell their shares for cash, the prices sink leaving them materially worse off. They're better off taking on more debt and using the assets as collateral.

And to empower the dollar and to ruin Bitcoin?

The best way to empower the $ is to keep doing what they've been doing. If that's been their goal then they've done an admiral job of it:

 

[alor]

The Fed should have bought Bitcoin when it was 25 $ a piece.
...
...
...
...
...
...or maybe they did in secret and they will mass-sell it in order to pay off debt? And to empower the dollar and to ruin Bitcoin?

they confiscated a bunch from criminals

 

[TreasureHunter]

Why? They don't need it. We do though to protect ourselves from the actions of our Central Banks.

Any mass liquidation of assets in order to meet debt obligations is a road to ruin for the holder. The price of the asset would plummet and the debt would remain only partly paid off. It's like CEOs etc, they may be wealthy on paper but the minute they sell their shares for cash, the prices sink leaving them materially worse off. They're better off taking on more debt and using the assets as collateral.

This is kind-of what I meant: they would gradually sell-off their Bitcoin, then pay off the debt, then make a massive sell-off of the rest, which would crash the price and literally destroy Bitcoin.

 

[alor]

Singapore Power Prices Spike 1,290% As Energy Crisis Emerges https://www.zerohedge.com/commodities/singapore-power-prices-spike-1290-energy-crisis-emerges
"Almost all of the independent retailers were forced out of the market, leaving a significant number of consumers previously on fixed price tariffs at the mercy of the spot market," Whistler said.
A spike in power prices might not have a tremendous impact on households, considering a majority of them are under fixed-rate contracts. Still, it could unleash pain for companies that tend to be on variable contracts.

Considering Singapore's power grid is mostly powered by natgas, we suspect this is not the last we'll hear about soaring power prices as winter fast approaches. We first noted the energy crisis was going globale back in September.

 

[alor]

Rabobank: The IMF Warning Of "Economic Collapse" Should Get Headlines https://www.zerohedge.com/markets/rabobank-imf-warning-economic-collapse-should-get-headlines

 

[alor]

seems number is not right, but red is only crude, sugar and silver

 

[sgbuyer]

PLatinium still looks like best metal bet next 10 years.

 

[alor]

the missing data points, of recent high in 2011 or 2021 are not included

 

[sgbuyer]

Putin has fallen into Biden's trap. What good will Russia achieve with Ukraine? After Putin is no more, Ukraine will break away again.

 

[TreasureHunter]

the missing data points, of recent high in 2011 or 2021 are not included

Silver should be 100-200 $ in 2022 in order to match the ratios and the consumption rate and, the devaluation of the dollar etc.
Gold was 17x more expensive than silver in 1980, that means that silver should have reached around 122 $ in 2020.

100 $ should be doable...

 

[precious roar]

I wonder if the silver bugs will ever stop believing in it's inevitable surge.

 

[sgbuyer]

I wonder if the silver bugs will ever stop believing in it's inevitable surge.

It could happen if interest rates goes up.