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Old 07-31-2018, 09:27 PM   #1
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Monetary VooDoo

It would appear the IMF has conjured up this SDR thing...

https://www.silverdoctors.com/gold/g...-is-under-way/

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Old 08-01-2018, 02:00 PM   #2
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If the speculation is correct, there is going to be a lot of pain in America when the devaluation happens. I would think that that pain would spread to the global economy, but I guess the folks who are supposedly planning this have considered the risks. Is it too late to build a bunker?
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Old 08-01-2018, 07:54 PM   #3
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Here is a link to an 'SDR To Currency Converter'
https://coinmill.com/SDR_calculator.html
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Old 08-03-2018, 09:00 AM   #4
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This page charts SDRs vs. gold:

https://www.xe.com/currencycharts/?from=XAU&to=XDR

Article in OP says:
Quote :
...
The charts contained in Rickards’ letter are not reproduced in GoldCore’s reprinting but they show the gold price measured in SDRs presenting a nearly horizontal line for the last year and a half.
...
I checked the chart I linked for the last year. It's not a "nearly horizontal line". It has bounced in a range from 947 to 864 and has been trending down for the last month and a half. Unsurprisingly, the chart has a very similar shape to the chart of gold vs. the dollar.
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Old 08-06-2018, 05:09 AM   #5
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And it looks like the 900sdr/oz was way low.
https://coinmill.com/SDR_XAU.html#XAU=1
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Old 08-06-2018, 08:42 AM   #6
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xe.com (chart I linked above) shows the current rate as being sub 900. coinmill.com shows current rate being above 1200.
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Old 08-06-2018, 03:38 PM   #7
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Bug;

Too funny...
I do not know which quote is correct and I ain't gonna' argue about it.
I'll go check with the IMF site to see if there is some info there.

Marc

Last edited by MarcLacroix; 08-06-2018 at 06:28 PM.
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Old 08-07-2018, 05:41 PM   #8
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I suppose this thread can be seen as an example of how rumours can get started.
Sites like King World News, Silver Doctors and Zero Hedge plagiarize eachother's Spam to sell Newsletters. Here is a link(
) which explains what an SDR is and what it does.
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Old 08-07-2018, 07:41 PM   #9
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To me it looks like a global federal reserve. Just another layer of b.s. so the elites can get another cut of the peoples money.
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Old 08-08-2018, 11:22 AM   #10
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SDR has been in place for several years but only available to the really big boyz.
If there is a loss of confidence in the US$ then it sits ready to take the strain.

You could argue that this is a sensible pragmatic thing to have in place, or that its a way of allowing the $ to crash while still owning and controlling everything ........
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Old 08-11-2018, 05:56 AM   #11
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I think the IMF is on drugs... Send in the DEA.
https://coinmill.com/USD_XAU.html?XAU=1#XAU
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Old 08-14-2018, 01:14 PM   #12
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Originally Posted by MarcLacroix View Post:
I think the IMF is on drugs... Send in the DEA.
https://coinmill.com/USD_XAU.html?XAU=1#XAU
$1655/oz?
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Old 08-20-2018, 12:03 PM   #13
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Yeah... 321gold.com says $1187.00 and CoinMill says $1636.00.
They can't both be right?
Is this the manipulation people are talking about or is it buggy websites?

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Old 08-20-2018, 12:53 PM   #14
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I'm guessing it's a buggy website. Which one that is I don't know how to verify. Calculating the true value of an SDR is way out of my zone.



oh, I see now... Coinmill has incorrect numbers for the dollar price of an ounce of gold. Any dealers using their numbers for retail buy/sell? I'd love to talk to them about some metal I found at the bottom of a local lake...
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Old 08-20-2018, 04:20 PM   #15
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Either Kitco is fucked up...
Or CoinMill is fucked up.
What is the source for the quotes?
Everyone knows Comex cannot be trusted.

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Old 08-23-2018, 07:46 AM   #16
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Originally Posted by Chigg View Post:
To me it looks like a global federal reserve. Just another layer of b.s. so the elites can get another cut of the peoples money.
Here is a thought...
The SDR is a derivative of currencies. It is a currency of currencies or currency squared(synthetic currency).

In the flick 'The Big Short' when Mark Baum visits Vegas to meet the dumb money he is introduced to CDO of CDO(synthetic cdo) or CDO squared.

More of the same insanity.

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Old 08-24-2018, 05:22 PM   #17
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It's not hard to figure out which one is wrong. Just compare their price to any PM dealer. IDK of any that use the higher one.
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