Showing posts with label currency war. Show all posts
Showing posts with label currency war. Show all posts

Saturday, October 1, 2016

Renminbi Joins SDR Basket

Dear readers,

A milestone event occurred today as the Chinese Renminbi was officially included in the IMF's SDR basket, and we have not seen gold or silver make any huge rallies these past few weeks? This raises many questions regarding gold and silver and the equities markets in general:

  • What will happen on Monday?
  • Is this event already "baked in the cake."
  • Does this have anything to do with the Deutsche Bank collapse?
  • Who lost a portion of the SDR pie to let the RMB in, or did the pie just get bigger?
  • Is the RMB a quasi gold-backed currency?
  • Is the 2016 gold and silver rally due to this event and will it deflate going forward?
  • What was the secret deal China made to be allowed in the "good-ol-boys" club?
  • Will China forgive US dept and call it a wash?

Seems like the games they play never end. So how are we going to protect our wealth from the constant games "THEY" play with the currencies and the financial markets? 

You take away their balls!

Remember back in the playground when your little brother wanted to play soccer with the big boys and you didn't let him because he was too small and he might get hurt. So what did the little boy do?
He grabbed the ball and ran away with it. Now no one can play THE GAME!
Why do you think a banks BIGGEST fear is a "bank run?" Because that's when the game ends, they have no balls to play with. And the same applies to your stock broker. Without your money in a stock brokerage account, there is no game!

What I'm trying to say here folks is, these shenanigans in the global financial markets will never end until you remove your money or stocks from their control. This is the ONLY way the truth will come out and REAL MONEY, GOLD will emerge as the winner.

This is the true purpose for using the DRS system, and we have the best solution for you.

Please contact us for more information.


Sincerely,

Bosko Kacarevic

Thursday, January 15, 2015

Swiss National Bank Shocks Markets

Dear readers,

I view this event as if the Swiss voted FOR the referendum on gold last year. The global currency war is alive and well. Central bankers know that western currencies are in trouble and they are seeking out a more stable "store of value" for their money. As we all know, the most stable "store of value" throughout all history is GOLD, so I'm sure this event will kick-off the NEW BULL MARKET in GOLD!

Hmmmmmm... I wonder what would happen if China removes its peg to the USD?   BK

To celebrate the NEW GOLD BULL we are having a SPECIAL on 1oz Gold Bars.

$24.95 over spot
While quantities last.

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(Reuters) - Switzerland's franc soared by almost 30 percent in value against the euro on Thursday after the Swiss National Bank abandoned its three-year old cap at 1.20 francs per euro.

In a chaotic few minutes on markets after the SNB's announcement, the franc broke past parity against the euro to trade at 0.8052 francs per euro before trimming those gains to stand at 1.0350 francs.

It also gained 25 percent against the dollar to trade at 0.8900 francs per dollar.

The SNB has been resisting heavy pressure in recent months on the cap it imposed in September 2011 on the stellar rise seen in the franc's value due to investors seeking a haven from the euro zone's economic and political troubles.   Read more...
SNB Press release...

Friday, January 31, 2014

QE Cover-Up

So, the FED says it's going to reduce stimulus and start to Taper? I guess the economy must doing great!? Maybe I should step over the river to Detroit and see how good things are? 
As I've said many times on Gold Radio Cafe in the past, the diabolical leaders at the FED will come up with some creative way to disguise QE and say they will TAPER. 
Well here you have it folks, YOUR IRA account will become the "NEW and IMPROVED" QE stimulus. That's right! YOU the taxpayer will soon be funding the FED QE program. Congratulations!  BK 
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Asian shares fell heavily and European stocks also retreated, extending a global rout driven by worries about emerging markets.
Concerns were stoked when the US central bank further reduced its quantitative easing (QE) stimulus overnight.  LINK...
Among the president's other executive initiatives is a plan to help workers whose employers don't offer retirement savings plans. The program would allow first-time savers to start building up savings in Treasury bonds that eventually could be converted into traditional IRAs. Obama is expected to promote the "starter" accounts during a trip to Pittsburgh on Wednesday.   LINK...

Friday, September 27, 2013