macrogoldsilver.blogg.se

Skulderna i världen har aldrig varit så höga som de är idag samtidigt som man trycker pengar för att hålla systemet igång. Guld och silver har varit en del av det monetära systemet under flera tusen år. De senaste dryga 40 åren har man dock valt att lämna dessa ädelmetaller utanför och det har medfört ökade skulder och ett ohållbart system.

Ryssland fortsätter att köpa guld

Publicerad 2015-07-23 10:42:40 i Ekonomi,

- Russia adds another 800,000 ounces or 25 tonnes to gold reserves in June 
- Russia’s has sixth largest gold reserves in the world 
- Allocates 13% of FX reserves to gold 
- Central bank buys all Russian gold production 
- Other Russian gold demand imported 
- If billionaire oligarchs diversify into gold, prices will rise sharply 
- Russia views gold bullion as “100% guarantee from legal and political risks”
clip_image003

Kinesiska staten börjar nu nationalisera börsbolagen. Vem har sagt att vi har fria marknader runt om i världen.

Publicerad 2015-07-23 10:15:28 i Ekonomi,

According to China Daily, the "recent overweighting to stem A-share plunge has made China Securities Finance Corp (CSF), central bank-backed refinancing institution, among top 10 shareholders of many listed-firms, reported Securities Times on Wednesday."

Among its various other investments, at least eight firms have confirmed that the CSF is now a top-10 shareholder, "which include property developer Dulexe Family, Hualan Biological Engineering, resource purifying developer SJ Environment Protection, Yunnan Tin Company Group, Fujian Cosunter Pharmaceutical Co, Hunan Er-Kang Pharmaceutical Co, digital map provider NavInfo Co, and retailer Friendship & Apollo."

Kinas flagga

 

Marknaden handlar råvaror som om deflation tar fart vilket får centralbankerna att börja skissa på ytterligare QE. Deflation är centralbankens värsta fiende speciellt i ekonomier med höga skulder som vi har idag.

Publicerad 2015-07-22 16:57:00 i Ekonomi,

The Bloomberg Commodity Index (BCOM), which tracks 22 different commodities, just hit its lowest level since April 2002.

Commodities crash to 11-year low as deflation fears grow: Latest price slump complicates backdrop for interest rate hikes

 

Färre och färre aktier håller Nasdaq uppe

Publicerad 2015-07-20 17:12:19 i Ekonomi,

As Nasdaq soars to record-er highs and CNBC just can't hold themselves back when Google adds as much in one day as the market cap of 415 S&P 500 companies, we have one question... should breadth look like this when the index is hitting new highs?
 
The troops aren't following the generals...Now whwre have we seen this before?
 

Ytterligare statistik som inte lever upp till förväntningarna i USA

Publicerad 2015-07-17 16:23:17 i Ekonomi,

Since January's exuberant peak, UMich consumer sentiment has drifted lower. Expectations for July's preliminary data was 96.0 but the 93.3 print is the biggest miss since 2006. Both current and future "hope" conditions dropped markedlywith details showing American sless certain about retirement, less confident about income growth outpacing inflation, and businesses considerably less confident.

 

And now wage growth is slowing...

 

 

Hur skall USA få till någon vidare positiv BNP siffra för Q2

Publicerad 2015-07-16 11:27:36 i Ekonomi,

Industrial Production rose just 1.54% YoY, the weakest growth since Feb 2010 and flashing a major recessionary red light. Utilities were the biggest contributor, asManufacturing output ended June unchanged (against expectations of a modest 0.1% rise), missing for the 2nd month in a row. Notably vehicle production tumbled 5.5% MoM. Not exactly the end to Q2 that GDP hockey-stick'rs will be wanting.
 
 

Den öppna balansen för silverderivat är på rekordnivåer, någon pressar silverpriset med hjälp av derivat och sedan begär leverans av fysiskt silver

Publicerad 2015-07-16 11:20:00 i Ekonomi,

As you can see from this graph the open interest in silver is historically correlated with the directional price movement of silver. This correlation blew up and the amount of paper silver open interest on the Comex began to go parabolic last summer, while the price continued to head south. This is direct evidence that that Comex paper silver is being used to push down the price of silver.
 
Silver OI 062415
 
SI to ND
 
Silver
 
 

Grekland håller på och förlorar sin suveränitet och det kommer inte

Publicerad 2015-07-14 11:51:00 i Ekonomi,

Here is Reuters with this little known fact:

One of the preconditions imposed on Greece for a deal is that it signs into law European rules that would put euro zone authorities at the ECB and in Brussels, rather than Athens, in charge of identifying and closing or breaking up sick banks.

This in turn could lead to a shake-up of the sector that could see some banks close, with losses pushed onto bondholders and possibly even large depositors. In such circumstances, there would be little that Athens could do to prevent this.

One European official had told Reuters that the number of big banks in the country could be reduced from four - National Bank, Piraeus, Eurobank and Alpha - to as little as two.

Unfortunatley, the moment the Greek government votes through the "deal" required bySummit document SN 4070/15, the Greek government will not only hand over sovereignty to €50 billion of Greece's choicest assets to some escrowed fund controlled by Belgium and designed to liquidate Greek assets to repay the Troika, it will also give up all control of the nation's €120 billion or so in leftover personal and corporate deposits, also known as unsecured liabilities.

And since the banks are undercapitalized by at least €25 billion, and realistically over €60 billion, if one takes into account NPLs which at 50% are a very optimistic estimate for a country in depression for 6 consecutive years, the first decision the ECB will do once it realizes the sorry state of financial affairs in Greece is to do precisely what the government could have done but did not have the guts when it still had control: overnight it will out about 50% of Greek depositors.

In other words, Greece is about to hand over the keys to the only thing that is forcing it to hand over the keys.

Unfortunately for Greece, there will be absolutely nothing its government can do to avoid this because on Wednesday, the Greek government will vote to hand over its sovereignty to Europe for, sadly, absolutely nothing in return.

Bottomline to latest news about Greece

kicking-the-can-down-the-road

 

The only reality change for the people of Greece

B9316581968Z.1_20150312165457_000_GJ9A703VP.1-0

cartoon greece ruins

Guldet går ned samtidigt som det är mycket stor efterfrågan. Hur länge till kan man pressa ned priset för att få dollarn att se stark ut.

Publicerad 2015-07-14 11:30:00 i Ekonomi,

U.S. Mint Gold Eagle Sales First 10 Days 2015
 
The Chinese people, it is well known, already have a cultural affinity to gold. That attachment just received a shot of adrenaline. Prior to June, trading volumes on the Shanghai Gold Exchange (SGE) were already running 20% higher than the previous year.  Now, with crash psychology affecting thinking up and down the spectrum of investors, SGE is reporting volumes off the charts. In early July, Want China Times reported that "SGE posted a record trading volume of 48.33 million grams in a single day in late June." (48.3 metric tonnes, a big number.)
SGE volume %

Håller Grekland på och förbereder för en ny valuta

Publicerad 2015-07-09 11:55:00 i Ekonomi,

Håller Grekland på och förbereder för en ny valuta som skall ersätta Euron när Tyskalnd säger nej till nedskrivning av Greklands skulder. Bankerna kommer inte att öppna föräns det finns pengar i systemet och att möjligen några banker har fått göra en Bail-In för att säkerställa att man har pengar och betala tillbaka ECB med. Hur som helst så kommer en stor del av den grekiska befolkning förlora stora delar av sina pengar. 
Ett land med så stora skulder som Grekland (gäller inte bara Grekland utan en stor del av västvärldens länder) har bara två allternativ för att komma på fötter igen. 
1) Alla skulder skrivs av och man börjar om från början. Inte troligt då Tyskland med flera länder motsäger sig          starkt skuldnedskrivning för Grekland. 
2) Man går ur EMU och inför en ny valuta som kommer att handlas betydligt under Euro värdet. Inflationen          kommer att bli mycket hög och man inflaterar bort skulderna. Problemet är att skulderna är i Euro så man  kommer inte att betala tillbaka sina skulder utan EMU länderna får skriva ned fordringarna och skattebetalarna får  än en gång stå för notan. 
 
 
 
clip_image002
 

Guldet har vänt upp i många valutor utom dollarn och det verkar bara vara början då valuta kriget kommer att fortsätta

Publicerad 2015-07-09 11:31:02 i Ekonomi,

The following chart shows the global gold price. This chart expresses the gold price not in US dollars, but in the trade-weighted external exchange value of the dollar. It appears as though the correction has ended and the gold price has entered a new uptrend in the autumn of 2014.

Global gold price back in an uptrend since autumn 2014

KWN Stoferle II 7:8:2015

The prevailing divergence between perception and actual price performance can also be discerned in the table below. Last year, gold exhibited a negative performance solely in dollar terms. With a decline of 1.5% the loss was however quite moderate in the face of a historic dollar rally. One can also see that in euro terms a gain of 12.10% and in yen terms a gain of 12.30% was achieved. On average, the performance in the currencies under consideration here amounted to a solid 6.16%. Since the beginning of the year 2015, gold has done very well, too.

Gold price performance in various currencies since 2001

KWN Stoferle III 7:8:2015

 

Vilket land är nästa Grekland

Publicerad 2015-07-08 14:17:44 i Ekonomi,

 

Throughout history, Central Banks have tried to inflate away debts for as long as possible. They do this right up until:

 1) The debt loads are impossible to manage, or…

2) It becomes politically unsavory to print more money… or

3) The System implodes.

Guld och silver går bra i deflations tider

Publicerad 2015-07-06 15:55:16 i Ekonomi,

Suppose, however, that inflation expectations will weaken … would that be bad for precious metals? The answer to that question is to be found in the last chart. During deflationary periods, like the ones that started in 1814, in 1864, the Great Depression of the 30ies and the financial crisis of 2008, gold did remarkably well. It is during those periods of “financial stress” that gold shows its real value, i.e. preserve wealth and provide protection against other assets.

gold_deflation_1814_2008

Guld/silver relationen brukar följa börsen men inte denna gång vilket tyder på att börsen skall ned eller silverpriset upp eller en kombination.

Publicerad 2015-07-06 15:52:54 i Ekonomi,

A correction in the stock market is certainly in the cards. Why? Because traditionally the gold/silver ratio is generally negatively correlated with the S&P 500. In other words, as the gold/silver ratio goes up, which happens typically in a disinflationary environment, stocks tend to fall. Over the last 25 years, that correlation has held very well, but is diverging for 3 years ago.
s&p500_Gold_1990_2015

Håller man på och förbereder en Bail-In i Grekland för att klara bank systemet

Publicerad 2015-07-06 12:11:00 i Ekonomi,

A Greek bail-in could resemble the rescue plan agreed by Cyprus in 2013, when customers’ funds were seized to shore up the banks, with a haircut imposed on uninsured deposits over €100,000.

It would be implemented as part of a recapitalisation of Greek banks that would be agreed with the country’s creditors — the European Commission, International Monetary Fund and European Central Bank.

KWN Turk II 3:30:3015

Är vi i ett läge där det är olika värde på olika länders EURO

Publicerad 2015-07-06 12:02:13 i Ekonomi,

The reason why this is so dangerous is because contagion would be immediate in that German Euro notes would be deemed as being the most valuable and those of the PIIGS nations being marked down in value as each Euro note serial number is marked with the country of origin prefix as the following Italian euro note illustrates that is identified by -
 

List of Euro country of origin prefix:

Belgium Z
Germany X
Estonia D
Ireland T
Greece     Y
Spain     V
France     U
Italy     S
Cyprus     G
Luxembourg 1
Malta F
Netherlands P
Austria N
Portugal M
Slovenia H
Slovakia E
Finland L

Brexit, Grexit och nu kanske även Austexit.

Publicerad 2015-07-03 15:53:10 i Ekonomi,

First it was all about a potential Brexit from the EU, while recently attention has turned to the possibility of a Grexit. But now there is talk of another rebellion with Austria to debate the possibility of having an EU In/Out referendum, after an anti-Europe petition gained widespread public support.
 

The question of a European Union membership referendum must now be discussed in the Austrian parliament after a petition calling on Vienna to leave the bloc surpassed 100,000 signatures – the required amount to facilitate parliamentary discussion.



Read more: http://sputniknews.com/europe/20150702/1024133686.html#ixzz3epu8trdX
 

Intresset för guld och silver mynt är tillbaka i juni.

Publicerad 2015-07-03 15:48:36 i Ekonomi,

  American Eagle silver coin sales surged to 4.84 million ounces in June, also
the highest since January and more than double the 2 million ounces sold in May.
    
(in ounces)
                       Gold                Silver                    Platinum
                       2015      2014      2015         2014         2015    
January                81,000    91,500    5,530,000    4,775,000    n/a     
February               18,500    31,000    3,022,000    3,750,000    n/a     
March                  46,500    21,000    3,519,000    5,354,000    n/a     
April                  29,500    38,500    2,851,500    3,569,000    n/a     
May                    21,500    35,500    2,023,500    3,988,500    n/a     
June                   76,000    48,500    4,840,000    2,692,000    n/a     
YTD Total              273,000   266,000   21,786,000   24,128,500   n/a  

Gold Prices Headed Higher
 

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Roger Lundberg

Har varit verksam inom den finansiella marknaden i över 30 år. Har därmed varit med om både upp och nedgångar inom olika marknader. Min bedömning är att vi närmar oss en ny härdsmälta på de ekonomiska marknaderna och vill därför med denna blogg dela med mig av min erfarenhet.

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