ipso facto @ 10:00 re The End Of The Petrodollar? China Unveils Oil-Futures Launch Date
I think it’s China’s turn to be “blessed” with reserve currency, or key currency status, and let them take over all the global responsibilities and obligations to “save the world”. The USA can’t afford it anymore.
The USA was “blessed” with key currency status after WW II. Before WW II it was England who was “blessed” and dumped it onto us. I’d like very much to see China take over all the global humanitarian shortfalls.
U.S. and Turkey agree to mend ties; Turks propose joint deployment in Syria
ANKARA (Reuters) – The United States and Turkey agreed on Friday to try to rescue a strategic relationship that Washington acknowledged had reached a crisis point, with Turkey proposing a joint deployment in Syria if a U.S.-backed Kurdish militia leaves a border area.
U.S. Secretary of State Rex Tillerson met President Tayyip Erdogan during a two-day visit that followed weeks of escalating anti-American rhetoric from the Turkish government.
While relations between Washington and its main Muslim ally in NATO have been strained by a number of issues, Turkey has been particularly infuriated by U.S. support for the Syrian Kurdish YPG militia, which it sees as terrorists.
The End Of The Petrodollar? China Unveils Oil-Futures Launch Date
The start of trading, open to foreigners, will mark the end of years of delays and setbacks since China’s first attempt at a domestic contract in 1993.
Following December’s final successful test, in a challenge to the world’s dollar-denominated oil benchmarks Brent and West Texas Intermediate, China will list local-currency crude futures in Shanghai on March 26, according to the nation’s securities regulator.
https://www.zerohedge.com/news/2018-02-14/end-petrodollar-china-unveils-oil-futures-launch-date
Nice coins Aguila !
Congratulations on their purchase … and for being able to get rid of the issues that seemed to lock you out .
Aguila
Glad to see you made it! 🙂
Brio Gold Agrees to Increased Offer from Leagold
TORONTO, ON–(Marketwired – February 16, 2018) – Brio Gold Inc. (“Brio Gold”) (TSX: BRIO) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which Leagold Mining Corporation (“Leagold”) will acquire all of the issued and outstanding shares of Brio Gold (the “Transaction”), based on an increased value for Brio Gold shareholders. The combined company will be a high-growth, intermediate gold producer, having four operating mines and an advanced-stage development project, which are located in Mexico and Brazil, two attractive mining jurisdictions in the Americas. The combined company is expected to produce approximately 447,5001 ounces of gold in 2018 on a pro forma basis and will have the potential to achieve annual production of over 700,000 ounces by 2020 at all-in sustaining costs2 (“AISC”) in the mid-$800s.
Under the terms of the Arrangement Agreement, shareholders of Brio Gold will receive 0.922 of a Leagold common share and 0.4 of a Leagold share purchase warrant (each whole share purchase warrant, a “Warrant”), for each common share of Brio Gold held (the “Consideration”). Each full Warrant will be exercisable to acquire one common share of Leagold at a price of C$3.70 for a period of two years from closing of the Transaction.
The Consideration implies total value of approximately C$2.67 per Brio Gold common share, consisting of C$2.57 in Leagold share consideration based on the 20-day volume weighted average trading price of Leagold shares on the Toronto Stock Exchange (the “TSX”) as of February 15, 2018, and approximately C$0.10 in additional warrant consideration. The Consideration represents a premium of 51% to the closing share price of Brio Gold on the TSX on January 22, 2018, prior to Leagold’s announcement of its intention to commence a take-over bid for Brio Gold. The implied equity value for Brio Gold based on the Consideration is C$314 million.
Morning Aquila
Glad you were able to get back on the site and join the crew!
Gold prices set for biggest weekly gain in nearly 2 years
Spot gold is up 2.7 percent so far this week, set for its strongest weekly performance since the week of April 29, 2016.
https://www.cnbc.com/2018/02/15/gold-prices-set-for-biggest-weekly-gain-in-nearly-2-years.html
Lots of beautiful coins this year that will be worth lots more next year!
get ’em while you can
test
test
Sng 20:17
I came into the video expecting to NOT believe the hindsite conspiracys that come out ” after” the fact and never proven like more than one shooter when everyone at the school saw only one shooter.
Then when she said 17 dead turned around is 71 is proof of deep state I turned it off. Some guy trying to act like a tough guy with a AK going room to room spraying bullets around the rooms is now purposely going to kill exactly 17 people when he hit more than that and would of if he could of and one still in critical condition wasn’t striking for 17 so they can make a secret message out of it. And if there is as more than one what did they have Wilkie talkies saying hey I got one how many did you get. See how dumb that is?
The only conspiracy I see is their lack of action to take all the precautions they need to make to protect students or any civilians for that matter. The question is yes they have enough citizen spying tools but do not use them. SO IS THEIR INACTION A PLATFORM FOR GUN CONTROL.
$$$$$lipping!!
dollar weakness continues. usdx now 88.55/88.60
“uncle buck” looking tired.
…later, 88.30
Valentine’s Massacre Update from ‘You Are Free . Just all a coincidence I’m sure!!
Watch at least the first 5 minutes and you’ll watch the rest. Obviously another Deep State False Flag!!
R640
I don’t think this was that good a day. We should have done better considering the USD weakness.
Looks like more of the same to me – never any follow thru allowed.
I have no idea what this is about-the Caps are not mine–but I guess it’s important-can anyone explain this? From Murph tonight.
Harvey Organ reported the following on the gold Exchange for Physical front and the goings-on are bizarre…
HOWEVER, IN ANOTHER DEVELOPMENT, WE RECEIVED THE TOTAL NUMBER OF GOLD EFP’S ISSUED FOR TODAY AND IT TOTALED AN ATMOSPHERIC SIZED 22,672 CONTRACTS OF WHICH APRIL SAW THE ISSUANCE OF 21,922 CONTRACTS AND JUNE SAW THE ISSUANCE OF 750 CONTRACTS AND THEN ALL OTHER MONTHS ZERO. The new OI for the gold complex rests at 530,412. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS.
***
I’m Contrary. I Think Rates (and US Dollar) are Too High And Are Going To Go Lower
This chart is a 5 plus year long chart of interest rates for the 10 year bond. Would you bet long or short on this chart pattern? Note, “29” is 2.9%. Double top? Near prior resentence?
This chart is the cost or price of the 10 year Bond. Cost goes up as rates go down. Does the chart suggest the start of a major correction? (higher rates) Or a typical dip in a long term bull market? (continued lower rates)
https://www.mrci.com/pdf/ty.pdf
Place your bets.
Take two and call me in the morning
Sun Life Financial to add medical marijuana option to group benefits plans
Hammer time on the HUI. PM shares came almost all the way back.
Reality smites the head of Baal …. err I mean the cretins.
You’ll notice they shot him…
The bull I mean.