tag:blogger.com,1999:blog-6089228851855763774.post7378868435239358487..comments2024-03-29T07:10:06.022+08:00Comments on Gold Chat: Physical v Paper & PAGE discussion on FOFOABron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6089228851855763774.post-8210394147042265892011-09-08T19:34:50.200+08:002011-09-08T19:34:50.200+08:00Exactly, star-gazer.Exactly, star-gazer.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-64216482189777326522011-09-08T08:04:25.308+08:002011-09-08T08:04:25.308+08:00I don't know if PAGE will be a good or bad pri...I don't know if PAGE will be a good or bad price discovery mechanism. I do know that anyone who would trust the custody of their gold, 'allocated' or otherwise, to an organization controlled by a communist dictatorship will come to regret their decision, when (not if) the Party decides they want the gold. Caveat emptor.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-41835652503867340942011-09-05T21:16:15.291+08:002011-09-05T21:16:15.291+08:00:o)
We shall see what we get in December:
"....:o)<br />We shall see what we get in December:<br /><br />"...The IMF Committee on Balance of Payments Statistics (Committee) was informed at its November 2009 meeting that the review of the International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template (Guidelines) would gain momentum in the middle of 2010. A consultative process is underway now. As noted during the 2009 Committee meeting, an important element of the consultative process involves reconvening the Reserve Assets Technical Expert Group (RESTEG),1 and this was completed in September 2010. A draft schedule (Appendix I) for updating the Guidelines has been developed. The schedule calls for preparing a pre-publication draft of the Guidelines, for posting on the IMF website by December 2011..." <br /><br />Source: http://www.imf.org/external/np/sta/bop/resteg.htm@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-65608553497873031432011-09-05T20:52:19.253+08:002011-09-05T20:52:19.253+08:00Yes they are taking their time. The question is wh...Yes they are taking their time. The question is whether the breakdown of monetary gold into physical and unallocated will be made mandatory to report or just a one line monetary gold figure.<br /><br />I note also the statement that "however detailed information on swapped gold is not required."<br /><br />No reason given, it must be obvious to the readers I suppose.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-21470650316370304232011-09-05T17:50:18.371+08:002011-09-05T17:50:18.371+08:00Hi Bron,
There are other interesting docs i have f...Hi Bron,<br />There are other interesting docs i have found about the un/allocated issue, please have a look, e.g.::<br /><br />http://www.imf.org/external/pubs/ft/bop/2010/10-11.pdf<br /><br />http://www.imf.org/external/pubs/ft/bop/2007/07-15.pdf<br /><br />Here I find this part important: "C. Monetary Gold "<br /><br />Could you please comment?<br /><br />I have a feeling (as I mentioned earlier) that this accounting standard is evolving and this sensitive issue needs time but we have not heard the last words from standardization/harmonization point of view.@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-19992412312042918732011-09-05T13:50:26.840+08:002011-09-05T13:50:26.840+08:00"who know what is, people who see what could ..."who know what is, people who see what could be and people who know what has been"<br /><br />I assume I'm the know what is?<br /><br />Robert LeRoy Parker - a liar in what respect, can you be more specific, I covered a lot of point in the post.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-40574388061146128072011-09-05T12:18:46.600+08:002011-09-05T12:18:46.600+08:00So is Another a liar?So is Another a liar?Robert LeRoy Parkerhttps://www.blogger.com/profile/10590421224681538226noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-79198927426902122802011-09-05T07:13:21.585+08:002011-09-05T07:13:21.585+08:00Part of the beauty of the web - you run into stuff...Part of the beauty of the web - you run into stuff written by people who know what is, people who see what could be and people who know what has been.<br /><br />It takes all these perspectives to form a reasonable basis for moving forward.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-2102925957589075262011-09-05T05:52:04.662+08:002011-09-05T05:52:04.662+08:00Nice one Bron.
Just a heads up..
It appears, tha...Nice one Bron.<br /><br />Just a heads up..<br /><br />It appears, that when you copy and past into Blogger, it screws with the space formatting between words, when viewed in a feed reader.<br /><br />Maybe something like the (chrome) extension 'Web Clipboard (by Google)' may help with that oddity.<br /><br />Love your work..Chris Fosterhttps://www.blogger.com/profile/00183398863411278358noreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-21445576175665825632011-09-05T00:55:59.457+08:002011-09-05T00:55:59.457+08:00Paper price equals physical price (currently) - as...Paper price equals physical price (currently) - as you noted, Bron. That is a point that must be repeated ad infinitum until all of the people who have been lied to and told otherwise understand it.<br /><br />Once they understand it, they'll realize why all of these other exchange are not a panacea that will change the gold/silver landscape.Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.com