Wracajac do Zlota to ciekawe
Cytat:Why did he (Paulson) sell GLD? Because he bet a lot on banks and banks lost 25% or 30% in value. There may have been other hedge funds in the same position. To put this correction in perspective, in 2008 gold went down, from top to bottom, by 34%. Most of that decline followed Bear Stearns. It reflected a lack of liquidity in the system.
Cytat:I’ll give you my target for gold at the end of 2012, it’s going to be trading somewhere between $2,500 and $3,000. This correction, in other words, is a non-event. The rubber band analogy applies here, for every dollar down on gold, it will mean an extra dollar on the upside when we get the reversal.
a na srebrze jeszcze lepiej
Segueing into silver, silver is even better here. The Chinese have started to stockpile silver, sort of hidden in an announcement they made the other day. They are not going to export any silver. China is not going to export, according to their latest announcement, not even one ounce of silver.
So, if I were to target silver for the end of 2012, I’m going to be very, very conservative and say silver will finish 2012 at $60. It’s going to make new all-time highs.”
www.fourwinds10.net/siterun_da...Wracajac do mojego wczesniejszego wpisu i tajnej pomocy FEDu dla ECB(Europy)wrzucam artykul
Tajna pomoc FeduCytat:The Fed is using what is termed a "temporary U.S. dollar liquidity swap arrangement" with the European Central Bank (ECB).
Why are the Fed and the ECB doing this? The Fed could, after all, lend directly to U.S. branches of foreign banks. It did a great deal of lending to foreign banks under various special credit facilities in the aftermath of Lehman's collapse in the fall of 2008. Or, the ECB could lend euros to banks and they could purchase dollars in foreign-exchange markets. The world is, after all, awash in dollars.
On Dec. 21 the Frankfurter Allgemeine Zeitung noted on its website that European banks took three-month credits worth $33 billion, which was financed by a swap between the ECB and the Fed. When it first came out in 2009 that the Greek government was much more heavily indebted than previously known, currency swaps reportedly arranged by Goldman Sachs were one subterfuge employed to hide its debts.
No matter the legalistic interpretation, the Fed is, working through the ECB, bailing out European banks and, indirectly, spendthrift European governments. It is difficult to count the number of things wrong with this arrangement
Third, the nontransparency of the swap arrangements is troublesome in a democracy. To his credit, Mr. Bernanke has promised more openness and better communication of the Fed's monetary policy goals. The swap arrangements are at odds with his promise. It is time for the Fed chairman to provide an honest accounting to Congress of what is going on.
no ciekawe)a BEN mowil 14 grudnia ze FED nie bedzie pomogal Europie-:)