Falling Oil Prices


Falling oil prices are good news for oil refiners and companies using hydrocarbon based raw materials.

Falling crude oil prices help contain the import bill of countries like India. And a godsend when we are struggling with lower export earnings.

But there is the danger of salary cuts,layoffs and related problems in producer countries that might ultimately hit certain exports to these countries.

So which countries are likely to be the danger areas ?Take a look at the cost of production figures in various countries and check them against prevailing oil prices.

oil costs

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Chinese Real Estate “Investments”


Interestingly these properties were  paid for by end-buyers with savings and there are no mortgages on them.

And there are stories of the Chinese cashing in these properties and buying others in the US.

Stuck by the similarities with the Japanese idea of saving in houses to fund retirements. Unfortunately things did not pan out as projected. With a glut in houses, prices didn’t go up as projected and an ageing and dwindling population further reduced demand for houses.

Bullion Alert


More than the bond market, we are likely to have a crisis in the gold and silver market.

Update the information in the video with this information :Link.

History tells us that every fractional banking system throughout the ages has collapsed under the weight of far too many liabilities piled on top of too few assets to back those liabilities.  This one eventually will collapse as well.

Going by what happened to the Hunt Brothers, the US government will step in to ward off by any means, any speculator taking on the Comex.So even while playing this bet will take less than 2% the size of the bet made by Soros against the British monetary system, we’ll have to wait for an entity not under Uncle Sam’s control to lay this bet.

The Unexplained Trillion Dollars


wealthymatters12/January/2016

One Trillion Dollars’ Worth of Bonds Magically Turn into Cash

Hugo Salinas Price

Bloomberg is back and presents updated data on International Reserves held by Central Banks, excluding gold, as of Friday, January 8, 2016, after a hiatus on this information since December 11, 2015 (for reasons unexplained).

The data for Friday, January 8, 2016 are shocking, as expected: Total International Reserves held by Central Banks, excluding gold, expressed in US dollars, amount to $11.032 Trillion dollars as of that date.

The decrease in Reserves thus amounts to precisely $1 Trillion dollars, as of January 8, 2016. This gigantic fall, of 8.31% of the maximum amount of Reserves – $12.032 Trillion dollars recorded on August 1, 2014 – took place over the course of only 17 months, whereas the growth of Reserves to its maximum figure took some 70 years, roughly since the end of WW II.

The fall in International Reserves is a clear indicator of a world-wide economic slump, which will become a severe depression.

It would be much easier to stop the flow of water over Niagara Falls, than to halt the contraction in International Reserves.

World liquidation has set in. The Piper must be paid. Growth is gone. This will be story in this epic year 2016.

There is a One Trillion Dollar Question: What entity or entities have purchased – for cash – the $1 Trillion dollars worth of Government Bonds that the central banks of the world have sold off in the course of the past 17 months?

What discount on the value of the Bonds did the purchaser or purchasers of the Bonds apply? If there was no discount, why so?

$1 Trillion dollars’ worth of Government Bonds has disappeared from the books of the world’s central bankers, sold by them for cash. WHO DID THE BUYING? On what Balance Sheets do the acquired $1 Trillion dollars of Bonds now rest?

Are the parties to these gigantic transactions to remain unknown? And what happens to the world’s confidence in its financial system, when $1 Trillion dollars’ worth of Bonds, and counting, just magically turn into cash?

 

Interesting Article By Hugo Salinas Price


wealthymattersI’d be surprised if such profound changes came about quickly and without war. But even a fraction of this coming true, will help gold owning Indians. And the government won’t have to go to the trouble of gold monetization schemes to get gold to be put to productive use.Of course, equally possible in such a case would be gold seizures. Read more of this post

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