A Discussion of The Dollar, Gold and Chinese Liquidity with Paul Mylchresst

183

We've regularly published Paul Mylchreest's insightful analysis for about as long as there has been a TFMR. Whether his work is written independently or for his employer, ADM ISI in London, Paul consistently sees things that few others in the investment world notice and he writes with a clarity that everyone can understand. As you might imagine, it was a tremendous pleasure when, earlier this week, we finally had an opportunity to connect for a podcast.

First of all, let me just state that you are definitely going to want to listen to every minute of this discussion. In fact, many of you will likely end up listening to it more than once! Over the course of these forty minutes, Paul and I:

  • Begin by discussing gold
  • From there we transition into the close correlation we've seen between Comex Digital Gold and the USDJPY
  • We then discuss how and why this correlation exists
  • Which leads us to a discussion of the US dollar and its impact on the emerging markets
  • Paul then explains what a "global dollar shortage" is and how it comes about
  • Paul speculates that dollar liquidity may be the only remaining market force that the Central Banks cannot control
  • And from there, the conversation logically circles back around the USDJPY and Comex Digital Gold.

Again, I'm confident that you'll find this discussion to be as fascinating as it is educational. We thank Paul for so willingly sharing his time and expertise and we look forward to speaking with him again soon.

TF

  183 Comments

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AlienEyes
Jan 17, 2017 - 3:33pm

RE : About those 1,000s of tons of gold

However, If true, it would greatly increase the ods of gold becoming 'real money' again.

Frankly, I doubt it.

Markedtofuture
Jan 17, 2017 - 3:18pm

The dollar is heading down

Dollar Tumbles After Trump Calls Currency "Too Strong", Slams Border-Adjustment Tax

One can probably put the time of death of the Trumpflation rally as 11:47pm on Monday night. That's when the WSJ published the latest excerpt of its Friday interview with Donald Trump, in which the president-elect himself said the dollar was already “too strong.” and said “our companies can’t compete with [China] now because our currency is too strong. And it’s killing us.”

https://www.zerohedge.com/news/2017-01-17/dollar-tumbles-after-trump-cal...

Gary Savage

The dollar is heading down
SteveW
Jan 17, 2017 - 12:32pm

Gold: 250,000 to 1,000,000 tonne range

https://www.tfmetalsreport.com/comment/454017#comment-454017

I already commented on this meme and indicated my skepticism. I suggested how this might be possible. If anyone has concrete evidence of any of these suggestions, or any other, please share.

DPMS308
Jan 17, 2017 - 11:05am

Gold hoard in the Philippines

If you want to go full Tin Foil Hat about gold in the Philippines ... Google or look up on YouTube:

Karen Hudes

I don't if the lady is bat cr@p crazy or not but it is entertaining.

lakedweller2
Jan 17, 2017 - 10:58am

Davos

Monkeys got their reputations as market manipulators exposed to all the elites. The Peons must continue to be punished for Central Bank crimes.

Edit:. What time in NY will the elites be having their 5th drink at Davos Happy Hour, so they switch their attention from the price of gold to the bar maid. Then the miners will move.

goldcom
Jan 17, 2017 - 10:52am

About those 1,000s of tons of gold

With the articles of 250,000 tons or more in Thailand, Philippines and Switzerland or this big stash controlled by the CIA, I have to wonder why the Chinese and Russians even bother to build their hoard. I do think there are likely some large hoards but if the gigantic numbers are true then I need to sell my gold and stack silver.

Control of 50,000 tons(out side of the known CB hoards) by the wrong people will allow them to control the gold market for a very, very long time.

murphy
Jan 17, 2017 - 10:48am

Playa Del Carmen

Little more detailed recounting. I've been going there for years. Never felt unsafe at anytime as long as you stay in the tourist zone.

https://www.businessinsider.com/mexico-club-shooting-crime-in-cancun-pla...

g0ldenb0y
Jan 17, 2017 - 10:46am

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Dr. P. Metals
Jan 17, 2017 - 10:44am

@goldenboy

Re: "wouldn't blame WhiskeyBill for taking a plane to Ped Island"

so even as a joke, you think Pedophelia is ok? It's not a joking matter.

g0ldenb0y
Jan 17, 2017 - 10:38am

just a guess but hideous picture is photoshop of....

HRC and George Sore-Ass. The baggy eyes are Soros...

"It" sure is ugly though.... wouldn't blame WhiskeyBill for taking a plane to Ped Island if that's what he wakes up to... LOL!!

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