Lord King WTAF

[Hilly]

He has been relying on the western economies to buy gas electricity coal farm produce for years and now he’s realised he can’t be done without so he’s using his position to the best of his ability

He will be playing a well planed long game that we dont know the inns and outs .

 

[livestock 1]

Not for much longer. If governments want off Russian gas, it can be done.

I think I watched something last night where only 15% of the world’s population has banned Russian products which leaves 85% of the rest to trade with them. They will buy off Russia India and China doing new deals now who knows some of these products will end up here no doubt via a non banned country.
Russian sanctions worked this way in the past

 

[livestock 1]

Morally it might make sense to do this but financially not

 

[DaveGrohl]

The value of gold has gone up? Well yes, but so has demand. I am not sure if production of gold has kept pace, I suspect it has increased but not that hugely.

Either way, the value of a commodity or item is whatever the market determines it to be worth. Demand and supply nothing more. Gold might be an attractive proposition because the supply is steady and necessarily finite in a way but then if there is little risk there is generally little reward. It's up to each person to decide their own poison.

Plenty of money made on forex markets and stock markets. The value of just the activity in London is off the scale. I wouldn't worry about any debt clock or public debt or any of the above. Provided people are still buying dollars and sterling, we're good to go.

Demand and supply. Quite.

If supply stays the same but demand through fiat money (whichever currency you’re talking about) goes up (and it does because there’s more money than there was yesterday) then the price of the asset goes up. Gold is a simple example. The market deems it to be worth more because there’s more money looking for a home.

 

[DaveGrohl]

To understand what inflation does to all money over time, turn this chart upside down.
It’s the price of gold vs US Dollar.