Forwarded from ARMY OF FROGS 🍊🍊🍊 (Army Of Frogs)
Seems like the markets didn’t care one bit about the fed
Forwarded from ARMY OF FROGS 🍊🍊🍊 (Army Of Frogs)
What does Basel III mean for banks’ gold reserves?
Currently, paper gold is not a 1st tier asset. Only fully allocated physical bullion that has no counterparty risk attached that qualifies as a first-tier asset. As we mentioned earlier, Basel III rules coming into effect in March through to January 22 will eliminate any valuation haircut.
The new rules will require a provable 1:1 ratio of fully allocated gold reserves, with no counterparty risk. Under Basel III rules, every central bank will be able to revalue its physical reserves higher, from a current 50% haircut into a fully cash exchangeable asset.
Andrew Maguire believes that central banks will be able to pay off massive swathes of debt by revaluing gold. According to the precious metals expert, gold would not only act as a cash asset, but would also behove central banks to revalue the dollar price of gold.
What does this mean for the gold?
Andrew Maguire believes Basel III rules will lead to a sanctioned gold reevaluation, while ultimately driving a more physical market. In this week’s episode of Live from the Vault Andrew Maguire looks at how Basel III rules will affect the price of gold and reveals the level at which he estimates the precious metal will be revalued.
Watch this week’s Live from the Vault for:
• New year targets for gold and silver.
• The price liquidity providers and trading houses see silver hitting early in the New Year.
• Insight into gold over the holiday season.
• Physical delivery demand for COMEX gold continues to escalate.
Details on the cash settlements banks are taking for November contracts.
https://www.fxstreet.com/amp/analysis/what-will-basel-iii-rules-mean-for-the-gold-price-202012181719
Currently, paper gold is not a 1st tier asset. Only fully allocated physical bullion that has no counterparty risk attached that qualifies as a first-tier asset. As we mentioned earlier, Basel III rules coming into effect in March through to January 22 will eliminate any valuation haircut.
The new rules will require a provable 1:1 ratio of fully allocated gold reserves, with no counterparty risk. Under Basel III rules, every central bank will be able to revalue its physical reserves higher, from a current 50% haircut into a fully cash exchangeable asset.
Andrew Maguire believes that central banks will be able to pay off massive swathes of debt by revaluing gold. According to the precious metals expert, gold would not only act as a cash asset, but would also behove central banks to revalue the dollar price of gold.
What does this mean for the gold?
Andrew Maguire believes Basel III rules will lead to a sanctioned gold reevaluation, while ultimately driving a more physical market. In this week’s episode of Live from the Vault Andrew Maguire looks at how Basel III rules will affect the price of gold and reveals the level at which he estimates the precious metal will be revalued.
Watch this week’s Live from the Vault for:
• New year targets for gold and silver.
• The price liquidity providers and trading houses see silver hitting early in the New Year.
• Insight into gold over the holiday season.
• Physical delivery demand for COMEX gold continues to escalate.
Details on the cash settlements banks are taking for November contracts.
https://www.fxstreet.com/amp/analysis/what-will-basel-iii-rules-mean-for-the-gold-price-202012181719
FXStreet
What will Basel III rules mean for the gold price?
In this week’s exploration of the gold and silver markets, Andrew Maguire looks ahead to the introduction of Basel III rules in March next year and br
Forwarded from ARMY OF FROGS 🍊🍊🍊 (Army Of Frogs)
That may be what’s happening ☝🏼 gold and silver gonna be the savior
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Twitter
First Squawk
INDIA'S NSE CLOSES EXCHANGE DUE TO GLITCH
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Yesterday ☝🏼
Forwarded from Disclose.tv
NEW - Entire Federal Reserve payment system CRASHES with banks unable to send or receive wires. The system used by U.S. banks to execute some $3 trillion in transactions per day. @disclosetv @disclosetv_chat
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JUST IN - Federal Reserve system restored after an outage for over an hour. Though the issue has been resolved at the Federal Reserve level, it appears that exchanges have not fully resolved the issue on their end and are still experiencing delays. @disclosetv @disclosetv_chat
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Ewwwwwwwww
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JUST IN - Reddit.com down, GameStop ($GME) stock up 103% in late-afternoon trading before shares were halted. @disclosetv @disclosetv_chat
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JUST IN - Twitter has started to flag links to CPAC's website as "unsafe" on the eve of the conference. @disclosetv @disclosetv_chat
Forwarded from We The Media (IET)
China Assails Five Eyes Intelligence Network ‘Axis of White Supremacy’
The Times published the editorial in reaction to Canada’s decision this week to declare China’s treatment of its ethnic minority Uyghur population in Xinjiang an act of genocide and to petition the International Olympic Committee (IOC) to move the 2022 Winter Olympic Games from Beijing.
In President Donald Trump’s final days in office, the U.S. became the first to declare China’s actions in Xinjiang as genocide.
https://www.breitbart.com/politics/2021/02/24/china-assails-five-eyes-intelligence-network-axis-of-white-supremacy/
The Times published the editorial in reaction to Canada’s decision this week to declare China’s treatment of its ethnic minority Uyghur population in Xinjiang an act of genocide and to petition the International Olympic Committee (IOC) to move the 2022 Winter Olympic Games from Beijing.
In President Donald Trump’s final days in office, the U.S. became the first to declare China’s actions in Xinjiang as genocide.
https://www.breitbart.com/politics/2021/02/24/china-assails-five-eyes-intelligence-network-axis-of-white-supremacy/
Breitbart
China Assails Five Eyes Intelligence Network ‘Axis of White Supremacy’
Members of the Five Eyes intelligence network were denigrated as members of an “axis of white supremacy” by Beijing on Tuesday.
Media is too big
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When these people put these ceremonies on display, it just doesn't seem right. Maybe it's me, but I feel mocked and I'm convinced it's intentional to mock God.
Forwarded from We The Media (IET)
Biden WH and EU face humiliation for Navalny support after racist video surfaces
Amnesty International Rescinds Navalny’s ‘Prisoner Of Conscience’ Status After Discovering His Past
https://theduran.com/biden-wh-and-eu-face-humiliation-for-navalny-support-after-racist-video-surfaces/
KEKEKEKEKKEKEKEKEK.
Amnesty International Rescinds Navalny’s ‘Prisoner Of Conscience’ Status After Discovering His Past
https://theduran.com/biden-wh-and-eu-face-humiliation-for-navalny-support-after-racist-video-surfaces/
KEKEKEKEKKEKEKEKEK.
The Duran
Biden WH and EU face humiliation for Navalny support after racist video surfaces
https://www.youtube.com/watch?v=r646CRFA3gEBiden WH and EU face humiliation for Navalny support after racist video surfaces****News Topic 301*****Amnesty International Rescinds Navalny\'s \'Prisoner Of Conscience\' Status After Discovering His Pasthttps:…
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Report: FBI investigating Congress members as 'suspects' in riot
Hundreds of people have been investigated for their roles in the riot at the U.S. Capitol in January, and many have been arrested and face charges ranging from trespassing on up.
Now, some members of Congress also are being investigated by the FBI as suspectets, the Intercept reported.
Within hours of the riot, the FBI began obtaining thousands of phone and electronic records involving people at the scene, including members of Congress, the publication said.
"Using special emergency powers and other measures, the FBI has collected reams of private cellphone data and communications that go beyond the videos that rioters shared widely on social media," the Intercept said, citing two sources.
The FBI obtained the information through emergency orders that do not require court authorization as well as data downloads from cellphone towers in the area.
"The cellphone data includes many records from the members of Congress and staff members who were at the Capitol that day to certify President Joe Biden’s election victory," the report said.
One source said the FBI was "searching cell towers and phones pinging off cell sites in the area to determine visitors to the Capitol."
https://www.wnd.com/2021/02/report-fbi-investigating-congress-members-suspects-riot/
Hundreds of people have been investigated for their roles in the riot at the U.S. Capitol in January, and many have been arrested and face charges ranging from trespassing on up.
Now, some members of Congress also are being investigated by the FBI as suspectets, the Intercept reported.
Within hours of the riot, the FBI began obtaining thousands of phone and electronic records involving people at the scene, including members of Congress, the publication said.
"Using special emergency powers and other measures, the FBI has collected reams of private cellphone data and communications that go beyond the videos that rioters shared widely on social media," the Intercept said, citing two sources.
The FBI obtained the information through emergency orders that do not require court authorization as well as data downloads from cellphone towers in the area.
"The cellphone data includes many records from the members of Congress and staff members who were at the Capitol that day to certify President Joe Biden’s election victory," the report said.
One source said the FBI was "searching cell towers and phones pinging off cell sites in the area to determine visitors to the Capitol."
https://www.wnd.com/2021/02/report-fbi-investigating-congress-members-suspects-riot/
WND
Report: FBI investigating members of Congress as riot 'suspects'!
Hundreds of people have been investigated for their roles in the riot at the U.S. Capitol in January, and many have been arrested and face charges ranging from trespassing on up.