Martlet

Interviewee states jewellery is down 50%, and thats half of physical demand, so about 25% drop. Verifiable data must be available for that, so check rather than write off because it doesn't match up to expectation.  If you dont know how prices are manipulated, how can you know they are?

No money printing
https://files.stlouisfed.org/files/htdocs/pageone-economics/uploads/newsletter/2011/201104.pdf
"Critics of QE warn that because QE increases the monetary base significantly, dramatic inflation could
result. Currently, banks hold a large amount of reserves, which constitutes the largest component of the
monetary base. If banks were to loan these reserves, they would effectively increase the money supply. "
The dollars already existed, "For those familiar with money supply measurements, MZM includes the M2 measure less the time deposits" if it includes m2 does it include bank reserves? it seems like it must
You say velocity is awful even though they created and spent it all, doesn't make sense it would be this bad? it makes sense if it contains bank reserves which are innate 
You're proving yourself the monetary base isn't any indication of inflation because most of it isn't money 
We do need inflation, the Federal Reserve wants inflation but they're powerless all they can do is talk it up and hope people spend expecting inflation "we will tolerate higher inflation" you wish Jerome 😛 they can't even get the 2% 
 
 

2011-2019 m2 double, oil halved 
I'd guess oil (black) came down because of dollar (green) strength 

 
If the m2 mattered to inflation shouldn't it doubling have meant the other way around, dollar down oil up
It's because a lot of the m2 isn't money it's bank reserves
Commercial banks money print, Federal reserve creates collateral accounts aka commercial bank reserves
"Commerce Department data released Friday showed the personal consumption expenditures price index—the Fed’s preferred measure for inflation—rose 0.2% in September when volatile food and energy prices are excluded, after rising 0.3% in August. The year-on-year rise was 1.5% after 1.4% in August, still far short of the Fed’s 2% target." Nov 02, 2020
They can't even get 2% inflation, the talk of "we will tolerate higher inflation" was just talk 
 
 

I read it as due diligence.  The banks systems may not be ready for neg rates, nor their balance sheets.  They haven't done much in Japan, EU or Switzerland, no reason to expect a change in UK, except to reduce value of £ (which is probably main reason for EU persisting with the policy).  I recall the deputy governor speaking against them last month.

Brexit is a far bigger factor to £:Au price.  A deal will see rise in £, no deal a drop.  Covid and US factors will not have a complex impact.  If gold is going up because $ is weak, £ will be going up against the $ too, so £:Au probably track sideways. 
 

Brexit is a far bigger factor to £:Au price.  A deal will see rise in £, no deal a drop.  Covid and US factors will not have a complex impact.  If gold is going up because $ is weak, £ will be going up against the $ too, so £:Au probably track sideways. 
 

Usually I will just check out 
http://goldprice.eu5.net/#

Too bad, they may have to under GDPR articles 13-15, provide you with information about the data they have on you and access to it.  Then invoke article 17 to be erased. 

Both gold and silver found support so far at their 100 dma on the daily
What would be satisfying from a technical point of view is if gold comes down to $1750
That would be the bottom of a trend line starting may 2019, a strong horizontal support and the 200 dma (yellow line)

Sitting around support line, next stop down ~1880.  

It is quite normal in bullion world to pay direct to bank accounts, its cheapest way to transfer (free).  

The premise seems to be contracts roll over to later months as there isnt any supply for delivery. There is another simple reason, the contracts are bought by speculators that dont want delivery, so next month, next quarter or end of year is fine for them. The fact they ignore this possibility, means you should probably ignore their conclusions as they are flawed. 

If current level doesnt hold, next stop around 1895.

I'd pass those messages onto Perth Mint, other mints you ordered products of, UPS, and start legal proceedings. Nothing will come of this until a lawyer's letter arrives.  
Given them slack in the past, its incredible how they are hostile to customer problems.

I would say Ramin at Pensioncraft is being a bit of an arse.  There's nothing gambling about using a particular app for investment and trading.  Trading 212 is just a tool, strategy of how we chose to invest is upto us, and you can buy index funds on Trading 212 too. 
 
Sadly last comment permitted on this subject as another sub-forum goes off limits to non-paying members of community.  Enjoy your investment. 

I would say Ramin at Pensioncraft is being a bit of an arse.  There's nothing gambling about using a particular app for investment and trading.  Trading 212 is just a tool, strategy of how we chose to invest is upto us, and you can buy index funds on Trading 212 too. 
 
Sadly last comment permitted on this subject as another sub-forum goes off limits to non-paying members of community.  Enjoy your investment. 

I would say Ramin at Pensioncraft is being a bit of an arse.  There's nothing gambling about using a particular app for investment and trading.  Trading 212 is just a tool, strategy of how we chose to invest is upto us, and you can buy index funds on Trading 212 too. 
 
Sadly last comment permitted on this subject as another sub-forum goes off limits to non-paying members of community.  Enjoy your investment. 

MMT certainly wont save us.  Its proponents are socialists that dont see a problem controlling inflation through tax, as they love to tax everything anyway. 
 

MMT certainly wont save us.  Its proponents are socialists that dont see a problem controlling inflation through tax, as they love to tax everything anyway. 
 

MMT certainly wont save us.  Its proponents are socialists that dont see a problem controlling inflation through tax, as they love to tax everything anyway. 
 

Already past the bottom of economic demand. The effects will be felt, rippling out for a while yet, demand wont go lower than it was and large number of wells even fields have ceased production. Some wont come back on line, so price should stabilise to somewhere $50-60bbl.

Bank minutes are a curious thing, they spook/spike markets yet are old news of policy decisions taken and enacted a few weeks before. 

Bank minutes are a curious thing, they spook/spike markets yet are old news of policy decisions taken and enacted a few weeks before. 

Bank minutes are a curious thing, they spook/spike markets yet are old news of policy decisions taken and enacted a few weeks before. 

I dont think his age comes into it, just poorly informed views. Doesnt understand PE or real investor sentiment, completely disregarded value of dividends.