Just thought I'd post this here today... ;-)
Does anyone know a good way to sell 1 oz $20 gold eagles in Tokyo?
$20 gold Double Eagles are actually .9675 oz pure gold
Ebay is in Japan as well, otherwise in Tokyo try:
World Coins Japan @
1-15-5 Hamamatsu-Cho, Minato, Tokyo, JP Japan Phone number +81 3-5777-0351
Taisei Coin Corporation @
Nishino Kinryo BLDG., 3F, 4-9-4 Hatchobori, Chuo-ku, Tokyo, 104-0032 Japan Phone number +81 3-3297-8222
Many thanks, SR!
Call your Senators at 202-224-3121 (or email them below) and urge them to oppose the effort to roll back the CFPB’s rule (SJ Res. 47).
I found this particular tweet thread very informative and quite entertaining and it discusses the misinformation concerning "yuan oil contracts backed by gold" and such.
Includes comments from:
Koos Jansen, Smaulgld, Luke Grommen, Ned Naylor-Leyland, and others
Even the very informed can be naive. You'll have to scroll up and follow this thread back to Sep 29th (Smaulgld's first comment) to get the full jist of the conversation. Who is naive? That's for you to decide.
Could Kevin Warsh be our new Federal Reserve Chairman? He has made some interesting comments that seem to indicate that he knows the ill effects of Fed market manipulation, but would/could he do anything about it if he's given the opportunity?
From GATA: Ex-Fed Governor Warsh again confirms gold price suppression
"Efforts to manage and manipulate asset prices are not new. But history provides little comfort that these practices work. Interfering with market prices occasionally buys time, but rarely do policy makers seize the window of opportunity to enact structural reform. Financial repression embeds the wrong incentives -- obfuscation begets delay, and a robust recovery becomes unattainable. "
For me, the "fly in the ointment" is the fact that if oil exporters want gold, they can just use their dollars to buy it on today's open markets. How does the fact that a Chinese market that already sells "gold futures contracts" and deliverable gold and will soon offer "yuan oil futures" contracts make it more attractive for "Oil Exporters" to suddenly buy gold with all their oil sales profits? Where are the advantages and what are the mechanics of this trade?
This is how China moves the world to a gold standard! by Bill Holter | Oct 2, 2017
"Now, getting back to China, here is why I believe they are leading the world BACK to a gold standard! If China imports oil and pays with yuan and offers their yuan “convertible” into gold, how many oil producers will take them up on the conversion? Certainly not 100% and maybe not 50%. Maybe the number is only 25% or even less but that’s not important as “time” will take over. You must ask yourself, how long can China and India import 3,000 tons while the world only produces 2,500 tons? Where will another 1,000 tons (or maybe much more?) of demand be satisfied if oil producer’s newly acquired yuan are converted to gold? The easy answer is “they cannot” …AT CURRENT PRICES!
Here is the interesting part and where I believe I was mistaken in previous thought. China watched as the U.S. was bled of gold leading up to 1971. They also know we have been bleeding gold ever since as a way to camouflage the credit bubble and gross over issuance of dollars. They understand the game and do not want to be placed in the same quandary if the yuan becomes the reserve currency. Instead, I believe China is leading the world toward a de facto gold standard by diverting what was previously “oil for dollars” into “oil for gold”. I believed China might mark gold higher by making a bid and ask price at much higher numbers, instead, facilitating and using natural demand makes so much more sense."
The fly in the ointment is "Now, getting back to China, here is why I believe they are leading the world BACK to a gold standard!"
China leads nobody nowhere. The US is and will be for some time in the future the world's economic leader. The Gold Standard remains a pipe dream until that changes.
Officers were called to the 2100 block of Battery Street at noon about a suspicious vehicle at an abandoned lot, the report said.
Police said that inside the car, they found Danielle West, 40, of Little Rock engaging in sex with another person whom the report did not identify. West was arrested on an outstanding burglary warrant, the report said.
TravisBickle says... November 20, 2017 at 12:49 p.m.
Was Slick Willie still in town??!!
Whether you're a fan of bitcoin or not, I think you'll enjoy this discussion. Bix and Clif discuss and explain some of the challenges and myths of cryptocurrencies and I think many will be surprised at some of Jim Sinclair's conclusions on this new market.
This is a 2 hour discussion. Fans of crypto currencies attempt to discuss "market valuation" of cryptocurrencies. Both Bix and Clif still claim that there is vastly more gold in the world than most realize (still pushing his hidden Grand Canyon Gold bullshit) without any glimmer of proof and went unchallenged by Holter and Sinclair.
At around the 1 hour mark, Bix takes on the task of describing "market valuation" of bitcoin. Then Jim Sinclair makes a very astute (IMHO) about the current bitcoin market as being a "long corner". He explains the 4 components of a market (1. buy 2. sell 3. sell short 4. cover) and describes the bitcoin market as a 2 part market. (1) Buy or (2) go home.