K

Banker who loves gold

[K @copybroad2]

Zoltan:
"The west will have to pour trillions into four types of projects starting "yesterday": re-arm (to defend the world order), re-shore (to get around blockades), re-stock & invest(commodities), re-wire the grid (energy transition)"
#uranium @DavidLe76335983 @KingKong9888

[zerohedge @zerohedge]

"A Lot Of Shuttered Nuclear Power Plants Could Be Turned Back On", Fed Energy Official Says https://t.co/C9eDtlwYt9

[K @copybroad2]

@KingKong9888 We pay.... to scoop up all the distressed banks at a dirt cheap price.

[K @copybroad2]

@KingKong9888 @commodity47_79 VRMs monthly origination chart..
Most of these VRMs product designs have payments remain constant while rising rates eat into principal payment. Renewal will force them to catch up with amortization schedule if they can't refi.
The new monthly payments will be shocking

[K @copybroad2]

@KingKong9888 @commodity47_79 I won't be surprised for a 70% in some area.
The Banks issues shit tons of variable mtgs in 2021-22 on 5yr contract. These people are renewing now from <2% to >4% rates while inflation ate up their a big chunk of their FCF. It's not good

[K @copybroad2]

@KingKong9888 @BcarmB The Receipt
https://t.co/gdAdRWWB30

[Eric Yeung 👍🚀🌕 @KingKong9888]

If the Vancouver & Toronto real estate markets don’t blow up, no other real estate market in the world will blow up. Because GTA and GVA real estate are the most leveraged and overbought with the most number of unqualified speculators.

At the same time Canada has an aggressively rate hiking (or hold rates at high levels) Bank of Canada and an incompetent Liberal government led by Justin Trudeau.

Mortgages are renewing in Canada throughout 2024. The new prohibitive unaffordable high rates will be reflected. Canadian real estate speculators will probably default on their mortgages en masse. Good luck.

@geoeconomic10 @BcarmB @RE_MarketWatch @jasongofficial

[K @copybroad2]

@Sorenthek Genius

[K @copybroad2]

@Sorenthek Zoltan: Commodity is collateral. Collateral is money.

[K @copybroad2]

@Swedish_uranium Good stuff. I made the same move in the last 2 weeks. Reallocate u.un to HG

[K @copybroad2]

@MisterUppy I have been preaching that to my colleagues. Most people who understand are non caucasians

[K @copybroad2]

@KingKong9888 If the reset is inevitable, why let your adversaries taking advantage of the low price.

[K @copybroad2]

@KingKong9888 It will not be inflationary if the proceeds are spent to buy back bonds on Fed's balance sheet. It will turn USD back to gold standard and lower bond yields

[K @copybroad2]

@Greenmile4ever @Sorenthek @KingKong9888 @ArcadiaEconomic @oriental_ghost “国投白银LOF擅自追溯调整估值致损”的集体投诉量累计已经超过1.76万条，超过1.7万人参与。
17600 investors joined the complaint of loss due to valuation model change .

[K @copybroad2]

@Greenmile4ever @Sorenthek @KingKong9888 @ArcadiaEconomic @oriental_ghost https://t.co/H4zrTFBKOw

More detail reporting from Chinese media. You can google translate it.

[K @copybroad2]

@KingKong9888 Shaking the SLV to replenish COMEX vault?

[K @copybroad2]

@DarioCpx

[K @copybroad2]

@DarioCpx +429 contracts, another 2mm oz!

[K @copybroad2]

@KingKong9888 Gold shops are everywhere in Thailand. A supermarket can have 2-3 gold shops selling beautiful gold chains

[K @copybroad2]

@KingKong9888 No uranium? 🥹

[K @copybroad2]

@KingKong9888 Buy 2 of these 100oz bar at $119 in Canada, sell it in China for $128.55. You get yourself a free flight ticket ,😃