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Perspectives on the global economic changes

The Technology & Economic Forum is a venue to discuss issues pertaining to Technological and Economic developments in India. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 17 Mar 2017 07:36

20170315 - Gary Hendershot barking at the moon

https://www.youtube.com/watch?v=3njB7N61Ehc

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Re: Perspectives on the global economic changes

Postby vera_k » 17 Mar 2017 08:28

ramana wrote:Feds raise interest rates.
What does this do to $, DOW, Emerging Markets? LIBOR?


At this time interest rates are rising because the economy is doing well, and there's little risk to let rates rise. $, DOW, Libor will rise. Emerging market currencies will fall to compete against more attractive US market. With economy doing well, housing will continue to get more expensive - more people are getting jobs and wage increases.

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Re: Perspectives on the global economic changes

Postby Raghz » 17 Mar 2017 14:29

TSJones wrote:
OmkarC wrote:^^ TSJ: What's your view on rising interest rates on real estate ?


it's going to be more expensive to get a loan for a mortgage.

or a credit card.


:rotfl:

Correct answer to the question but useless in value.

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Re: Perspectives on the global economic changes

Postby TSJones » 17 Mar 2017 17:24

Raghz wrote:
TSJones wrote:
it's going to be more expensive to get a loan for a mortgage.

or a credit card.


:rotfl:

Correct answer to the question but useless in value.


if you can predict demand for real estate while mortgage rates are STILL historically low even after fed rate hike, please do advise. :)

many years ago I bought a house when rates were at 17%. I wanted the house and got an adjustable rate mortgage. the rate went down thereafter.

my next house was bought at 10%.

one man's meat is another man's poison.

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Re: Perspectives on the global economic changes

Postby Raghz » 17 Mar 2017 17:33

It was in jest TSJ. Loans and credit card rates will go up after a rate hike. It is obvious and you just stated the obvious. I found it funny. I think what was supposed to be known was a sneak peak into the future. Oh my God! the human mind and the desire to know the future. Lol.

Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 18 Mar 2017 06:29

There is a ton of leveraged crap out there bubbled up on low interest rates for years that is about to find a pin.

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Re: Perspectives on the global economic changes

Postby Austin » 18 Mar 2017 14:56

Neshant wrote:There is a ton of leveraged crap out there bubbled up on low interest rates for years that is about to find a pin.


Indeed if Fed maintains a rate hike of .25 basis point every half year then in next 2-3 years we might see interest rate ~ 3 % which as they say when the tide goes down we will see who is swimming naked.

There will be fun in stock market for sure :lol:

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Re: Perspectives on the global economic changes

Postby Neshant » 19 Mar 2017 09:17

Nothing another round of taxpayer funded bailouts & bonuses can't fix in the event of a collapse of leveraged gambling bets of banksters.

I do think the banksters are trying to unseat Trump because he might not go along with the idea of taxpayers being forced to eat the losses of banksters AGAIN. Hillary would have been better for them as she would sign on the dotted line as told.

Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 19 Mar 2017 16:26

Banking is a scam, not an industry producing anything of value.
Since it produces nothing of value, it has to steal from those who do produce value.
Once you understand this, you realize the more the banking "industry" grows in an economy, the worse off the productive people will inevitably be.

Income inequality is not killing capitalism in the United States, but rent-seekers like the banking and the health-care sectors just might, said Nobel-winning economist Angus Deaton on Monday.

If an entrepreneur invents something on the order of another Facebook, Deaton said he has no problem with that person becoming wealthy.

“What is not OK is for rent-seekers to get rich,” Deaton said in a luncheon speech to the National Association for Business Economics.

Rent seekers lobby and persuade governments to give them special favors.

Bankers during the financial crisis, and much of the health-care system, are two prime examples, Deaton said.

Rent-seeking not only does not generate new product, it actually slows down economic growth, Deaton said.

“All that talent is devoted to stealing things, instead of making things,” he said
.


http://www.zerohedge.com/news/2017-03-1 ... s-are-evil

Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 20 Mar 2017 10:07

During World Wars 1&2 the British Government shipped gold bullion to pay for munitions and goods. The estimated present day value of these shipments is circa 300 Billion pounds :shock: . During both wars, some 7500 merchant ships were sunk and our research has identified more than 700 to have been specific gold & silver carriers.


-------------
Massive $5.6 Billion Treasure Hunt Is On For Sunken British Gold

http://www.kitco.com/news/2017-03-19/Ma ... -Gold.html

After more than two decades of searching, Britain might finally get some of its sunken WWI and WWII gold back, as Britannia’s Gold launches an operation to recover $5.6 billion worth of the yellow-metal that went missing after British ships were attacked by the Germans.

It is believed that the British government used ships to transport gold and other precious metals worth £300 billion ($372 billion) during First and Second World Wars to pay for military equipment.

The sunken ships were specifically targeted by Germans in order to put extra financial pressure on the British Empire during the wars, Britannia’s Gold stated on its website. (i wonder how much of this gold belongs to India and if we have a claim to it)

It took scientists 25 years and eight million documents to create a database and track down 700 out of 7,500 of the sunken vessels.

“The documents provide substantive evidence as to which sunken ships carried the valuable cargoes,” the organization noted.

And now, in just a few weeks, Britannia’s Gold will launch an $18.6 million recovery operation that will be based a few hundred miles off the coast of western Ireland, The Telegraph reported.

The first step in the recovery process will be to target a cluster of three ships, which are believed to have £750 million ($929 million) aboard.

Once the fortune is recovered, a part of it will go to the British government and charities and the rest will be split between investors.

A public will also get a chance to get their hands on part of the treasure — you can win a bar of gold by signing up for the organization’s newsletter.

shyam
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Re: Perspectives on the global economic changes

Postby shyam » 23 Mar 2017 07:54

While watching a video a person said that Russian Orthodox Church is the biggest accumulator of gold in the world and they have 100,000 tons of gold. If you happen to see any data that supports it, please post that here.

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 23 Mar 2017 10:19

shyam wrote:While watching a video a person said that Russian Orthodox Church is the biggest accumulator of gold in the world and they have 100,000 tons of gold. If you happen to see any data that supports it, please post that here.


Just heresy , I read similar thing about RC church having largest collection of wealth and hindu temple in india having largest collection of gold with some obscene figures thrown around.

Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 24 Mar 2017 06:54

Annually only 2500 to 2700 tons of gold is mined globally.

100,000 tons is the equivalent output of 37 to 40 years of global output.

Its unlikely any nation has that much gold.

Image

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 25 Mar 2017 11:26

Michael Pento-Stock Market Will Fall at Least 50%


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 26 Mar 2017 18:37

Employers Will Cut Wages and Workers to Pay for Obamacare Premiums


Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 27 Mar 2017 00:46

India needs its own internal SWIFT type system just in case it ever gets blackmailed with cut-off from the system.

Should be looking into block chain type system for this.
___________________________

Russia Readies Back-Up System For Potential "Split With International Banking System"

Preparations inside Russia are being made in case the ultimate banking sanctions are placed on them, cutting off commerce inside the all-encompassing Worldwide Interbank Financial Telecomm SWIFT system – which runs credit, debt, and banking card transactions across a real time global network.

...

“There were threats that we can be disconnected from SWIFT. We have finished working on our own payment system, and if something happens, all operations in SWIFT format will work inside the country. We have created an alternative,” Nabiullina said at a meeting with President Vladimir Putin on Wednesday.

http://www.zerohedge.com/news/2017-03-2 ... ing-system

Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 27 Mar 2017 01:42

Donald Trump printed out made-up £300bn Nato invoice and handed it to Angela Merkel

https://www.reddit.com/r/worldnews/comm ... 00bn_nato/

Angela Merkel will reportedly ignore Donald Trump’s attempts to extricate £300bn from Germany for what he deems to be owed contributions to Nato.

The US President is said to have had an “invoice” printed out outlining the sum estimated by his aides as covering Germany’s unpaid contributions for defence.

Said to be presented during private talks in Washington, the move has been met with criticism from German and Nato officials.

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 29 Mar 2017 16:36

Jeff Gundlach Full Interview CNBC Part 1



Jeff Gundlach Full Interview CNBC Part 2




Jeff Gundlach Full Interview CNBC Part 3


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 29 Mar 2017 23:43

The Bond King Guy seems to suggest even after interest rate hike there will be rally in stock market and bond interest rates will flat out ....He does not see any recession coming.

He also mentions in one liner that he is positive about Indian Stock market.

The other things he says is complicated to understand , Neshant what do you make of this interview ?

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 30 Mar 2017 17:48

The US has most Expensive Health Care System

https://twitter.com/Lee_Adler/status/846280504391487488

Image

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 01 Apr 2017 15:48

Unlocking Saudi Arabia's treasures means going beyond oil

http://www.cnbc.com/2017/03/30/investin ... rkets.html

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 03 Apr 2017 17:22

James Rickards-Trump Didn’t Get a Honeymoon-He Got a Burning Bed


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 05 Apr 2017 15:40

The Financial System Will Go Dark When The Economic System Fails:James Rickards


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 05 Apr 2017 22:24


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 12 Apr 2017 22:52


Austin
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Re: Perspectives on the global economic changes

Postby Austin » 20 Apr 2017 18:12

Q&A Jim Rickards

Image

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 20 Apr 2017 18:14

What are Listed Equities ?

rvishwakarm
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Re: Perspectives on the global economic changes

Postby rvishwakarm » 20 Apr 2017 20:12

Exchange traded.
Austin wrote:What are Listed Equities ?

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 20 Apr 2017 23:33

Thanks but why would ETF be bad , Like atleast in Indian Market there are good ETF like CPSE or may be NIFTY 50 etc , I wont touch Gold ETF by a pole though

Avtar Singh
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Re: Perspectives on the global economic changes

Postby Avtar Singh » 22 Apr 2017 00:29

how the usa uses the dollar as a weapon, importance of capital controls

https://wealth.goldmoney.com/research/g ... r-strategy

i think most people know that american free markets are a sham... who will win china/usa?

also i believe ultimately usa will just default on all its treasury/us dollar obligations.
at some point world will be presented with a new dollar, just like going off the gold standard
trump would be ideal for this since he has much experience in sticking it to creditors,
just time is probably not right for this move ie next 8 years

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 23 Apr 2017 12:34

REPLAY: An Interview With Jim Rickards & Keith McCullough on HedgeyeTV


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Re: Perspectives on the global economic changes

Postby Austin » 27 Apr 2017 23:16

Trump’s tax cuts won’t pay for themselves: David Stockman


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Re: Perspectives on the global economic changes

Postby Prem » 02 May 2017 08:15


Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 02 May 2017 08:30

Lets see if he actually does drain the swamp... as opposed to talking about it.

More likely the swamp will drain him.

At stake are banksters (illegal) monopolistic powers to rip off productive society through rent seeking and milk trillions in bailouts & bonuses from suckers (i.e. taxpayers, wage earners, savers, pensioners). They are not going to go quietly into the night.

__________________

Bank Stocks Tumble After Trump Says "Open To Breaking Up Big Banks"

As Bloomberg reports, President Donald Trump said he is actively considering breaking up giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer lending and investment banking.

http://www.zerohedge.com/news/2017-05-0 ... -break-ups

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Re: Perspectives on the global economic changes

Postby Austin » 02 May 2017 12:33

I am thinking is it wise for Countries to invest in USD/Euro papers as part of forex reserves because it possible in uncertain geo-political times these individual countries might refuse to honour those.

Would it be wise for countries to invest in IMF SDR instead as it is not dependent on any single country but basket of currencies and the chances that IMF wont honour its commitment sounds less riskier than say investing in US/Euro/Japan etc ?

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 02 May 2017 21:47

[ Ben Bernanke ] - 2 May 2017 -- 3% growth a long shot


Neshant
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Re: Perspectives on the global economic changes

Postby Neshant » 04 May 2017 13:25

Austin wrote:I am thinking is it wise for Countries to invest in USD/Euro papers as part of forex reserves because it possible in uncertain geo-political times these individual countries might refuse to honour those.

Would it be wise for countries to invest in IMF SDR instead as it is not dependent on any single country but basket of currencies and the chances that IMF wont honour its commitment sounds less riskier than say investing in US/Euro/Japan etc ?


Western countries by and large control the IMF and have the largest voting share and pick the IMF head.
So any promisory note from there is as good as worthless.

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Re: Perspectives on the global economic changes

Postby shyam » 04 May 2017 14:04

If anyone wants to park in paper notes, I would say INR is the best bet. If you are a NRI keep your money in Rupees that can be converted back to forex at a later time. IMO, demo has changed all the odds against INR.

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 04 May 2017 19:43

Neshant wrote:
Austin wrote:I am thinking is it wise for Countries to invest in USD/Euro papers as part of forex reserves because it possible in uncertain geo-political times these individual countries might refuse to honour those.

Would it be wise for countries to invest in IMF SDR instead as it is not dependent on any single country but basket of currencies and the chances that IMF wont honour its commitment sounds less riskier than say investing in US/Euro/Japan etc ?


Western countries by and large control the IMF and have the largest voting share and pick the IMF head.
So any promisory note from there is as good as worthless.


That being said and indeed true that would make the Promisory note of western country equally worthless.

My question was more from Safety point of view , If you buy Green Buck single country like US can confiscate or refuse to pay like it happend to Iran or Libya , If you buy Euro then you are at mercy on Euro Nations and same for UK or Japan pn.

wouldnt it be more safer to buy IMF SDR that is not controlled by single nation even though Western nation enjoy largest voting share , is there a history of IMF SDR not getting paid ever ?

Austin
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Re: Perspectives on the global economic changes

Postby Austin » 04 May 2017 19:44

shyam wrote:If anyone wants to park in paper notes, I would say INR is the best bet. If you are a NRI keep your money in Rupees that can be converted back to forex at a later time. IMO, demo has changed all the odds against INR.


Can NRI really do that , Can one park money in Rupee and convert to USD at free will , AFAIK we dont have Full Capital Account Convertibility for INR hence cant freely convert INR to USD even for NRI but I could be very well wrong


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