Who knew? Apparently the Kazakhs did! The Honest Money blog aggregates and interprets these bits about China's currency following the "freegold" model which results in Kazakhs getting hard money for their energy. Our soon to be valueless soft currency is also probably being exchanged for hard money (gold and silver) in energy markets such as this. As this comes to pass we are ignorant of what should be obvious physics because of bad paper PMs which do not correlate to supply and demand. Our system amounts to the conniving theft of energy.
Money = Energy
Energy = Gold (energy expended to condense value) and Oil (energy to be expended as value)
Money = Gold and Oil
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Showing posts with label supply and demand. Show all posts
Showing posts with label supply and demand. Show all posts
Link to Post: Goldman Sees Oil Returning to Recent Highs
Thanks go to Zerohedge, all praise be upon them!
Recent moves are not based in changes to the long term supply and demand issues.
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Recent moves are not based in changes to the long term supply and demand issues.
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