Kako to mislite kolega da ne plaćate proviziju.Pa šta ste otvorili brokeraj?

Da mi je znati zašto central banks gomilaju zlato……….što to oni znaju a mi ne znamo….. [rolleyes]

Central Banks Increasing Gold Reserves
by Mike Hewitt

Since 1991, central banks around the world have collectively reduced their gold holdings by some ten percent. However, it now appears that attitudes are changing.

Gold has been hitting new highs in recent weeks, with the US Dollar weakening under loose monetary policy, reversing the gains it made in late 2008. Investors are betting that Asia’s emerging economic powers will buy more of the precious metal to diversify their foreign-exchange reserves against a weakening US Dollar.

Earlier this month, the Reserve Bank of India (RBI) announced that it had purchased 200 tonnes of gold from the International Monetary Fund (IMF). This US$6.7 billion transaction was the largest purchase of gold made by a central bank in 30 years.

Several days later, the Central Bank of Sri Lanka (CBSR) announced that it had increased its gold reserves over the past five to six months by an undisclosed amount, speculated by analysts to be around five tonnes. CBSR Governor Ajith Nivard Cabraal stated that gold would be an "important anchor" for its foreign reserves, adding that "…in very volatile circumstance across the world you need to have intrinsic value created in your portfolio."

On November 16, the IMF issued a statement that it had sold two tonnes of gold to the central bank of Mauritius for US$71.7 million.

India, Sri Lanka, and Mauritius have joined China and Russia as being net accumulators of gold.

Russia Continues Increasing Gold Reserves

Russia’s central bank has purchased 180 tonnes of the precious metal on the open market since June 2006. More recently, deputy chairman Alexi Ulyukayev stated that Russia’s central bank may buy gold from the government’s Gokhran repository.

Gokhran, which was established by Tsar Peter the Great in 1719, is the Russian state’s reserve of precious metals including gold and palladium as well as gems such as diamonds. The size of Gokhran’s stocks is a state secret, disclosure of which is punishable by imprisonment.

This deal would be the first major gold sale by Gokhran since the fall of the Soviet Union in 1991, which kept a veil of secrecy over its sometimes significant foreign sales of precious metals and gems. It is believed that somewhere between 20 and 50 tonnes of gold will be supplied in 2009.

China Adds to Gold Reserves from Domestic Sources

Last year China ranked as the largest producer of gold at 288 metric tonnes, equivalent to 12.2% of global output. China is also quickly gaining on India in becoming the world’s largest consumer of gold.

Hu Xiaolian, China’s head of the State Administration of Foreign Exchange announced in April this year that China’s gold reserves had risen by 454 metric tonnes since 2003 and that the total was being reported to the IMF per the organization’s rules. Although Hu did not elaborate on where China had sourced the additional bullion, her comments were interpreted as implying they came from domestic sources and likely included the refining of scrap metal.

This increase makes China the world’s fifth-largest holder of gold, just ahead of Switzerland, and among the six nations plus the IMF that have reserves exceeding 1,000 metric tonnes.

When asked during a Reuters interview to comment on RBI’s recent purchase, Xia Bin, the chief of China’s Financial Department of the Development and Research Centre stated, "India’s okay with it, why shouldn’t we be? What’s the use for so many dollars, whose purchasing power is weakening anyway? With so many foreign reserves in hand, I think China should buy [gold], without doubt."

Changing Attitudes

Central banks began holding massive gold sales beginning in the early 1980s. Prices collapsed from an intraday high of US$878 per ounce on January 21, 1980 to US$252 per ounce on August

Well-Written, Well-Timed: The Dollar Meltdown
by John Rubino

Charles Goyette is a veteran radio guy, a libertarian who supported Ron Paul before it was fashionable. Now he’s written his first book, The Dollar Meltdown, and from beginning to end it’s a pleasant surprise. Goyette writes as smoothly as he speaks and his perspective is unapologetically libertarian. So he gets it right on both content and delivery.

As you’d expect with a talk show host, he’s comfortable with polemics:

America’s national government has moved way beyond a political spoils system. A spoils system leaves the host alive so that a politician’s occasional ne’er-do-well brother-in-law can be put on the payroll. America has become a piñata: everybody gets a crack at it. Presidents and other elected officials pass the big stick around as a reward to those who help keep them in charge of the piñata party. The American media plays the role of the party’s mariachi bank, keeping festive spirits high. And the people in their demographic and interest groups all line up to take a whack at the goodies. America has become a piñata.

But he also does a good job of laying out the substantive argument for a currency crisis. Readers, for instance, find out that with the explosion of government borrowing and unfunded liabilities, U.S. debt now totals $1.3 million per family of four. And that the Fed is in reality a cabal of global banks that tricked the U.S. into giving it control of the money supply back in 1913. The chapters covering the history and function of money introduce concepts like fractional reserve banking and recount some of the past episodes of hyperinflation. And the quotes Goyette uses to illustrate his points are well-chosen, ranging from Austrian economists to Fed governors. This one from Ludwig von Mises introduces the "crack-up boom":

They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against "real" goods, no matter whether he needs them or not, no matter how much money he has to pay for them. Within a very short time, within a few weeks or even days, the things which were used as money are no longer used as media of exchange. They become scrap paper. Nobody wants to give away anything against them.

That, says Goyette, is the dollar’s future. And with monetary chaos will come authoritarian government. He devotes a chapter to speculation about the forms of coercion to which Americans will be subjected in coming years, which is effective both because of its clarity and because it shows how similar things have already happened and/or are being considered today. Here’s a sample:

SPECULATION: In a monetary breakdown the government may try to stop you from moving your money out of the country or investing it abroad.

Reality: In 1968 President Johnson implemented mandatory controls on foreign investments and on loans made abroad. The headline in the New York Times on January 2, 1968, read, "Johnson Acts on Dollar: Curbs investing Abroad and Asks Cuts in Tourism."

SPECULATION: In a monetary breakdown the government may confiscate pension plans and retirement accounts. It may institute forced savings schemes or other appropriations. It may insist that safety deposit boxes be opened in the presence of an examiner.

Kolega Fedya, jedno pitanjce.

Po datumu registracije vidi se da ste novi član foruma, ali po sadržaju vaših postova vidljivo je da imate veliko iskustvo. Očito je da ste i prije pisali na forumu, samo pod drugim nickom. Koji je vaš bivši nick?

Videte, za kolege DELUX-a i GUBERNATOR-a koji su isto novi članovi foruma se točno zna tko su bili u prijašnjim forumskim životima.

Pa nije vrag da se sramite postova koje ste pisali pod starim nickom/nickovima? Zbog toga naprosto ne mogu vaše postove uzeti ozbiljno u obzir kao npr. postove od kolegice Ivana7 koja već godinama piše pod istim nickom.

Vidite, rekao ja, vrlo ste duhovit čovjek. Samo nastavite, pogotovo na temi depresija, to ljude čini veselim. Evo, još se smijem. [thumbsup]

Ne znam zašto je kolega Fedja opet moderiran, zar je nekoga uvrijedio?

vidim da i dalje piše neke od najboljih postova što se mogu pročitati na ovim stranicama
pa ako se nije ogriješio o pravila foruma, molim da ga se odmoderira
piše zanimljivije nego 90% kolega i još je k tome izrazito načitan pametan i zanimljiv

Sve pohvale kolegi Fedji!

A sad što se tiče depresije?

Vidim da se lome koplja oko toga hoće li je biti ili ne?
Kad stavim sve argumente na papir za i protiv, rekao bih da su šanse da je bude 50%, kao i da je ne bude.
Nažalost kao što sam prije godinu dana pisao na Medvjeđem brlogu, politika HNB oko čuvanja tečaja kune/eura će nas imho odvesti u propast sve zbog kreiranja izrazite nelikvidnosti cijelog gospodarstva

razumijem da je briga za zdravlje banaka i njihovih klijenata, kao i sveukupno zaduženje, motoviralo HNB da vodi restriktivnu monetarnu politiku, ali ako se to nastavi dosadašnjim tempom, odosmo gotovo sigurno u Depersiju kakvu nitko od nas nikad nije vidio ni iskusio.

No pratiti ćemo razvoj situacije pa ćemo vidjeti što će nam donijeti iduća godina

imho biti će strašno teška i neizvjesna za realni sektor, a ni financijskoj industriji neće cvjetati ruže

Ne razumijem baš zazivatelje promjene monetarne politike.
Koji je to realni sektor, pa još i izvozno orijentiram, kojem treba pomoć promjene tečaja?
Zar ne bi trebali podržavati one aktivnosti koje poslovnu politiku temelje na stabilnim okolnostima?
Okrutna realnost je ta da ovisimo o uvozu i da se ta situacija može samo postepeno i u dugotrajnom procesu promijeniti.
Srozavanjem domaće valute ne bi toliko smanjili uvoz u novčanom iznosu, ali bi u količini robe.
Umjesto toga, efikasan sustav poticaja u skladu sa strategijom koju nažalost tek treba ustanoviti bilo bi ono što ovoj državi treba.

Imam par pitanja;
Koliko često razmišljate o svom novcu u bankama??
Dali je vaš novac siguran?
Što mislite da će se dogoditi ako vaša banka zapadne u probleme?
Znate li koja je dostupnost novcu koji je u banci koja je u problemima?
koliki iznos vam jamči država?
Što ako HNB i država nemaju novca da vas isplate?
Koliko mislite da je vaša sadašnja banka sigurna??

Ja do prije godinu dana nisam razmišljao o tim pitanjima, ali eto sad me to počinje zanimati. Zanima li i vas i znate li odgovore na ova pitanja…………….

Imam ja sve odgovore
Često
Ne
Ne ću moći do njih
Slaba
Navodno 50.000 eura
Pojeo vuk magarca
Prilično

I mene zanima

Jesam li prošao test?
[bye]

SocGen Tells Clients: Here’s How To Bet On Total Global Collapse
Joe Weisenthal|Nov. 18, 2009, 3:42 PM | 5,200 |comment17
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Tags: Economy, Investing, Stock Market

Gulf War USA IraqYou have to love analysts and SocGen who seem to be the most dramatic around.

Albert Edwards is on the record as saying the market will make fresh lows, and now the bank is out telling clients how to prepare for a total global market collapse.

The Telegraph’s Ambrose Evans-Pritchard has the scoop:

The bank said the current crisis displays "compelling similarities" with Japan during its Lost Decade (or two), with a big difference: Japan was able to stay afloat by exporting into a robust global economy and by letting the yen fall. It is not possible for half the world to pursue this strategy at the same time.

SocGen advises bears to sell the dollar and to "short" cyclical equities such as technology, auto, and travel to avoid being caught in the "inherent deflationary spiral". Emerging markets would not be spared. Paradoxically, they are more leveraged to the US growth than Wall Street itself. Farm commodities would hold up well, led by sugar.

[Daniel] Fermon said junk bonds would lose 31pc of their value in 2010 alone. However, sovereign bonds would "generate turbo-charged returns" mimicking the secular slide in yields seen in Japan as the slump ground on. At one point Japan’s 10-year yield dropped to 0.40pc. The Fed would hold down yields by purchasing more bonds. The European Central Bank would do less, for political reasons.

SocGen’s case for buying sovereign bonds is controversial. A number of funds doubt whether the Japan scenario will be repeated, not least because Tokyo itself may be on the cusp of a debt compound crisis.

Mr Fermon said his report had electrified clients on both sides of the Atlantic. "Everybody wants to know what the impact will be. A lot of hedge funds and bankers are worried," he said.

http://www.safehaven.com/article-15059.htm