Gold, page-2593

I have some better facts.

. Japan GDP is up from -0.2% to +0.3%. Negative usd

. China gold reserves are up from 55.38 million tones in October to 56.05 m. in November. Negative usd

. China foreign reserves are down 87.22 billions in November compared to a rise in October which was up 11.39 billions. Total foreign reserves are at all time low standing at 3.395 trillions. Negative usd

. China is going to announce its trade balance. It should revive up a little bit due to the October capital inflows but the yearly average should be negative. This is a hip cup in the Fed' stance. Positive usd

. Russia will issue a minimum of 1 billion bond in Yuan currency for 2016 onwards. This will increase Yuan's liquidity. Negative usd

Swiss central bank is going to announce its monetary. SCB said It will react according to Euro to suit economy conditions.
If It holds rate. Negative usd
If It cuts rate. Negative usd

All of Europe bond yields are negative plus the "nill" additional QEs from Europe. Therefore there's no incentives to buy bonds at the moments.

SCB is the same as ECB. They're banning cash in term deposits.
Investors are flocking to buy Yen as a safe heaven as it's a resilience of gold and Yen is on the rise based on its GDP

. 11th December is the deadline for US fiscal negotiations. Even though Republicans are squeezing spendings to avoid a Gov. default but Gov. revenues are insufficient to pass every single bill.

Standard &Poor has just downgraded 2 US major banks plus 4 institutional banks because they couldn't make profits.
Lesser profits lesser revenues to Gov.

It's too SCARRY for US Banks to adjust their own rates. It's UNLIKE Aussie banks where they have made billions after billions.

The Fed should have reduce banks lending margins, the RRR ratio. The base3 policy is so tough and It doesn't make sense in an improved economic. Base3 will be applied in full force in 2019. Is there going to be a crash??? Oh please get rid of those rubbish policies. US is very strong now. Big questions.

. 16th December. Yellen has done a good job to speculate a rate hike. Markets have never in rest.

If she lifts rate by 0.15% and to deliver a DOVISH tone that it's going to be a SLOW process due to struggling economies. Negative usd

It's the tone in her speed that will decide the direction of pog because USD is already priced in.

If rate is lifted. China will hoard more gold to defend its weak Yuan. China will dump more treasury bills to defend weaker Yuan. The processes are going repeated as Yuan is now a reserve currency.

If countries don't bide to international trade standards. More volatilities ahead.

It's like a stamina in a horse. It's approaching the last 200m. It's a sprinting speed. Who could guarantee a favourite (usd )will win?

I will find out to see if my horse (gold) is a donkey or a stallion.