12-30-25 savo
pillz.. how does it matter what precious metals do in the next days...?
the US will continue overspending...
the FED will continue printing money right and left to keep Wall Street happy and the budget deficit funded...
In the meantime Fed governors will continue discussing the sex of the angels instead of fighting inflation as they should.
and the defense department will continue deploying the largest armada the world has ever seen... with no money to pay for it and stealing veni's oil to foot the bill.
IMHO it is over for the dollar...
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12-30-25 pillz
| for now , I am in my average at 15%/each 3 months by selling short JNUG puts and calls , but it is a risky bizz , for those not trading options .... and volatility .. |
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12-30-25 pillz
| https://www.investing.com/currencies/xau-usd |
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12-30-25 pillz
| it looks like gold is up 0.70% now ... my forecast is up a little and down a little for the next few days ... |
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12-30-25 pillz
Cofinimmo
€ 78,65+1,15 (+1,48%)
https://www.tijd.be/markten-live/beurzen/cofinimmo.60115774.html
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waiting and waiting it go not down, I want to buy it back even it accepted the offer :-( |
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12-30-25 pillz
Soaring prices spark Australia gold rush for new generation of fortune hunters
https://www.investing.com/news/commodities-news/soaring-prices-spark-australia-gold-rush-for-new-generation-of-fortune-hunters-4424831 |
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12-30-25 victor
Bloomberg) -- Venezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the nation.
Petroleos de Venezuela SA began shuttering wells in the Orinoco Belt on Dec. 28 as the state-run refiner ran out of storage space and inventory swelled, according to two people familiar with the matter who asked not to be identified discussing internal matters. PDVSA aims to reduce Orinoco Belt production by at least 25% to 500,000 barrels a day, the people said. The decrease represents a 15% cut of Venezuela’s overall output of 1.1 million barrels a day.
The decision signals a reality check for Venezuelan President Nicolas Maduro, who throughout the blockade has attempted to maintain exports that are at the core of the South American country’s economy. Disabling wells is seen as a last resort because of the operational challenges and high costs to restart, one of the people said.
Representatives of the government and PDVSA did not immediately respond to requests for comment.
PDVSA on Dec. 23 signed off on the idea to decrease production starting Dec. 28, one of the people said. The plan is to shut wells in the most extra-heavy crude oil division of the Orinoco Belt, Junin, then move to the rest, Ayacucho and Carabobo, which hold less heavy oils.
China is Venezuela’s main oil buyer. The US imposed sanctions against Venezuela in 2019 and this month US President Donald Trump ordered a military blockade saying it was needed to stop drug cartels.
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12-30-25 savo
| posting having a life of its own and deciding to duplicate |
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12-30-25 savo
shopping malls in Caracas?
Hospitals?
Schools?
Homes for the elderly |
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12-29-25 spal
incidentally.. reports that a major bank player in silver futures blew past every risk limit and the FED had to intervene pumping billions through the Emergency overnight repo facility.
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No chance. CME raised futures margin requirements (due to volatility) during an otherwise quiet (and understaffed) period forcing liquidations as "traders" liquidated to meet margin calls and requirements.
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12-29-25 Merlino
| Perhaps fake news, not sure, sorry |
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12-29-25 Merlino
Maracaibo
https://x.com/ElGanadorHenry/status/2005417651615723945 |
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12-29-25 savo
shopping malls in Caracas?
Hospitals?
Schools?
Homes for the elderly |
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12-29-25 carib
| Trump confirma primer ataque terrestre de EU en Venezuela |
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12-29-25 carib
| “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” – Winston Churchill |
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12-29-25 spal
The purchases include two properties in the chic seventh arrondissement: a €58mn townhouse in December 2024 and a 17th-century mansion for €97.5mn in March 2025.
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A lot of the top end RE in Paris is owned by ME investors - particularly Qataris. |
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12-29-25 pillz
| it looks like a 200$/day down is a good correction for the gold, for a few days it will imo stay like it +/- |
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12-29-25 pillz
| ooops, re-started with a short put for now on jnug, but i will short calls also now for March26 , as there is big movement in this name , like today jnug 30 points down etc.. etc... |
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12-29-25 carib
Savo: facts are facts. No need to try disagreeing on that.
I do know something about the past, but predictions about the future are not always reliable.
In practice, the issue at hand is: what % of your liquid assets do you invest in precious metals, and how do you store such investment? |
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12-29-25 savo
| incidentally.. reports that a major bank player in silver futures blew past every risk limit and the FED had to intervene pumping billions through the Emergency overnight repo facility. |
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12-29-25 savo
carib.. the dollar is the more abundant currency in international transactions... in that aspect the US remains the reserve currency. Everybody recognizes a 100 dollar bill.
When it comes to central bank "reserves".... USTs have lost its preeminent position to gold. And at some point it will be rejected entirely, for the simple reason that the next crisis will be a crisis of the dollar and the US gov will not be able to print dollars to save the system because, abroad, nobody will want them. |
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12-29-25 carib
Pill: I guess in human brain.. we do not equate gold bars with cash.Right now, we pay most purchases with digital cash. We estimate how much cash we will spend next month or next year, and we do not want to run the risk of being short.
a 2-3% annual inflation does not register as very relevant to our brain for estimating spending needs, and we know from experience that RE is very illiquid, and should be bought/sold when the time is right, not when a liquidity need arises.
I guess this is the explanation. |
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12-29-25 victor
MOSCOW − Russian Foreign Minister Sergei Lavrov said on Monday that Ukraine had tried to attack President Vladimir Putin's residence in the Novgorod region and so Moscow's negotiating position would be reviewed.
Lavrov said that on Dec. 28-29, Ukraine had attacked the Russian president's state residence in the Novgorod region with 91 long-range drones which were all destroyed by Russian air defences.
"Such reckless actions will not go unanswered," Lavrov said, adding that the attack amounted to "state terrorism."
He said that targets had already been selected for retaliatory strikes by Russia's armed forces.
Lavrov noted that the attack took place during negotiations about a possible Ukrainian peace deal and that while Russia would not leave the negotiations, Moscow's position will be reviewed.
Ukrainian President Volodymyr Zelenskyy said the accusation was a lie, adding that Moscow was preparing the ground to strike government buildings in Kyiv.
It was not immediately clear if Putin was in the residence at the time. |
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12-29-25 pillz
| with bricks , one can't wake up after a good sleep and check the cash he have with bricks , it is an estimation ..., I remember loooong time ago I was in a big diamond office .. and each hour the boss called the accountant to ask how much cash he have on the bank.. when in his safe he had 3 x more if he would sold it immediately ... go understand human brain ... |
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12-29-25 carib
Significant tax compliance reform in Argentina.
Will people trust local banks with their dollars? |
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12-29-25 carib
| Pill: I share your feeling. |
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12-29-25 pillz
| Carib , bricks are certainly a good long term investment, all my daughter family has a lot of it , and made fortune with it , it is in a trust... , but I need to see cash on my account , I don't know why , but I need it :-)) |
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12-29-25 carib
bricks or gold?
The billionaire Arnault family has splurged almost €200mn on a trio of Parisian properties in little over a year, providing a boost to the sluggish luxury housing market in the French capital.
The purchases include two properties in the chic seventh arrondissement: a €58mn townhouse in December 2024 and a 17th-century mansion for €97.5mn in March 2025.
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12-29-25 victor
oooops at -4.30%
only 4.30% down??
gold ~ crypto :-))
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12-29-25 carib
ft
“US equities are more expensive than lots of other equities, the growth trajectory is likely to be challenged, and everyone’s got lots of them,” said Matthew Beesley, chief executive of Jupiter Asset Management, describing his approach to equity investing in 2026 as “anything but America”.
“That is a great time to think about anything [investors] haven’t got lots of,” he added.
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12-29-25 carib
| An interesting "detail" is the % of central bank reserves held in dollars (and in GLD) by the big asian exporters: China, Japan, South Korea. |
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12-29-25 carib
Savo: I was trying to explain that, in my mind, when I think of "currencies", I think of the "fiat" ones. That explains the recent misunderstanding. Obviously, I am aware that central banks keep gold reserves, and that by buying more gold with dollars they reduce their US$ reserves. This, IMHO, is the consequence of Trumpism, that is deliberately wreaking the US centred liberal order.
The issue for us, private investors, I guess, is what % of liquid assets should be allocated to GLD. Buying GLD below 1500 $ an once IMHO made lots of sense. But does it make sense to buy it again at 4.500 $ an ounce? For speculation or long term investment? |
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12-29-25 pillz
| now the interesting thing is where is the bottom of the gold after a 4.6% losss ?? I want to re-enter ?? but where ??? |
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12-29-25 pillz
| closed all my jnug position with a gain of 15.5% |
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12-29-25 pillz
yes and today they can buy it cheaper -2.75%
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oooops at -4.30% |
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12-29-25 pillz
When Central Banks buy gold they are abandoning the dollar which the point i was trying to make.
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yes and today they can buy it cheaper -2.75% |
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12-29-25 savo
carib... not calling gold currency..does not change the fact that gold as a reserve (currency or not) has surpassed USTs.. which are also not a currency.
When Central Banks buy gold they are abandoning the dollar which the point i was trying to make.
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12-29-25 carib
Savo: you appear to have a problem with people having different opinions. The disagreement about "reserves" just came up because I do not consider gold as a currency.The amusing aspect of this discussion is, if my memory serves me right, that I actually started buying gold before you did.
There is no question that in the last couple of years it has proved a very successful investment.
My only caveat is that gold price, historically, has not been a one way street, so there is no guarantee it will become such this time, for ever and ever. |
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12-29-25 savo
carib... "The US$ remains the main reserve currency, at present."
exactly the opposite... the main reserve currency at the moment is Gold.
Gold Surpasses US Treasuries for the First Time in 30 Years
https://finance.yahoo.com/news/gold-surpasses-us-treasuries-first-203442334.html
"It is a measure of fear of financial disruption."
you have said that a number of times already and I frankly do not understand where you got that from.
Gold has been the world currency for thousands of years... for the reasons that we all know.
During the last 50 years, briefly in historical terms, the world decided to experiment with fiat. The result has been catastrophic.
Every major currency has lost practically all of its value relative to Gold.
As a consequence central banks are going back to gold.. it is not fear or disruption .. it is common sense.
Why would any central bank hold debt of a country that runs a 50% budget deficit... launches endless wars without money to pay for them every decade, has a 37 trn debt again... that can not repay... and has a politicized Central bank whose next president will be a Trump crony? |
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12-29-25 carib
| Pill: of course, that too. |
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