bun being assembled, incoming baker please note
cool yer tits anon, have most of it in the bun. Baker ghosted…bun being dun.
can someone sauce this?
ty anon
#10438
>>8153762, >>8153823 d'oh and baker depart
notables not endorsements
>>8153792 corona virus info: health experts issue warning- Jan 24th, Bridgewater buys puts- Nov 2019, virus deaths double overnight-Jan 22
>>8153794,>>8153804, >>8153879, >>8153984, >>8153990 anons:"@ Snowden marker IG/Subpoena/DEA/Bruce Ohr/Snowden Connection
>>8153819, >>8154053 GOP governor endorses Bill Weld over Trump- Wash. Examiner
>>8153824, >>8153888, >>8153906, >>8153991, >>8153967, >>8154040 anons on Dr.Marcel Vollmer "Blue Beam much?"-(soc media) SAP supply chain connections
>>8153900, >>8154015 (oops!) Israel says Hamas used 'attractive' women in thwarted cyberattack- yahoo news
>>8153913 US Army TWat: "In celebration of #BlackHistoryMonth…"
>>8153948 James Brown died in 2006. Now an Atlanta prosecutor is looking into it-cnn from Feb 13
>>8153960, >>8153930 Eric Holder Twat…that timestamp
>>8154088, >>8154073 POTUS to take a lap in the beast around Daytona Int'l Speedway- soc media
chek'em
as a reminder: this bred is ghosted and will need a baker or an ebaker at the end-can do one moar bred with notes but need an ebaker for this- got some time still..back in about 15 minutes
ty anon appreciate that
broken link fixed
yes it is daaad4
chek't and confirmed. had some fun last night . bake was hijacked and a fresh link posted at 600 to that bred. Have not looked to see if it ever got locked gyb and I submitted reports though…highly entertaining!
o7
now I see your panel, thanks for the help too. Was a bit aloof about what was going on as it was sat night and in and out-that shit…extinguished
see you then
The Multi-Billion-Dollar Mystery Of The Great British Gold Sale
A chart that has all sorts of consequences, including misleading ministers, distorting our view on the nature of the UK economy and creating a genuine mystery about what's going on in the bowels of the UK economy.
Here's the chart in question: exports of gold from the UK…For the vast majority of history they were near zero (average monthly level apt £126m). Then, suddenly, in the last two months of last year, gold exports were catapulted higher.
It's a staggering chart.
Just to put that spike into context, £12bn (what those two months of gold exports add up to) is the total annual output of a country like Jamaica. It is more than we typically export, over a two month period, to ANY single country, including US or Germany (our biggest trading partners).
It has serious consequences. Since comparable records began in 1998, there hasn't been a single month where the UK was a net goods exporter. We've always had a deficit. In December, thanks to the £12bn gold exports, Britain recorded its first monthly trade surplus on record…The Office for National Statistics (ONS) has started trying to strip gold out of the figures. Indeed the gold chart above is a new series they've just published.
However ONS are bound by international regulations to include gold in the headline numbers. That massively distorts them. After all, the UK is the world hub for gold trading. Any movement/change of ownership of gold bars counts as imports/exports even though it's hardly what anyone would consider an "export."
You might've thought all of that would mean our politicians would think twice before boasting about those dodgy headline trade figures. Not a bit of it. This week, Liz Truss, MP for South West Norfolk, and UK Trade Secretary, tweeted this about them:
📢Record breaking year for UK exports.
New @ONS data out today shows that in 2019…
💼UK businesses exported £689.0 bn of goods and services
⬆This is a 5.0% increase on 2018
📈Exports of goods to non-EU countries grew by 13.6%https://t.co/YRerqQGXw7
— Liz Truss (@trussliz) February 11, 2020
Every bullet point in her tweet is wrong if you strip out gold exports:
UK biz exported £674bn of goods & services (not £689)
A 2.9% increase on 2018 (lowest since 2016; not 5.0%)
We don't know how much exports to non-EU countries rose; ONS hasn't worked them out ex-gold
It's not like exports are doing badly. They're at 30.4% of GDP once you strip out gold. That's one of the highest levels in decades, though it is down on last year. Perhaps that's why Liz Truss used the dodgy headline numbers which look far better because of that £12bn of gold exports. But none of that solves the real mystery here.
Why did gold exports spike so dramatically?
One thesis doing the rounds is that it has something to do with this story: Poland repatriating some of the gold that's been in the Bank of England's vaults since WW2…But it's not that, because central bank gold movements (monetary gold) aren't included in these gold statistics. Anyway all that Polish gold still wouldn't account for all the gold that changed hands in Nov/Dec. It's equivalent to Barbados's GDP, not Jamaica's. As far as I can divine here's the answer.
A US bank with London gold vaults shifted some of that gold from being "unallocated" to being "allocated".
Effectively it moved it on its balance sheet.
The gold stayed in the same vault but technically it shifted from UK ownership to US.
In other words, a couple of clicks in a bank's spreadsheet caused the biggest fluctuation in Britain's trade figures in modern history. At least that's the most plausible explanation.
Though it raises further questions: Why? Is the bank in trouble? And who owns the gold anyway? And is it just a coincidence that all of this occurred as The Fed was forced to unleash unprecedented liquidity to support the repo market…
Short answer: we may never know. No other sector is as cloak-and-dagger as gold. What we do know is that crazy stuff is happening beneath Britain's national statistics and it's time we started paying attention to it.
https://www.zerohedge.com/commodities/multi-billion-dollar-mystery-great-british-gold-sale
also see Gordon Brown sales as UK Prime Minister
Gold: Gordon Brown's sale remains controversial 20 years on
https://www.bbc.com/news/business-48177767
#10438
>>8153762, >>8153823 d'oh and baker depart
notables not endorsements
>>8153792, >>8154243 corona virus info: health experts issue warning- Jan 24th, Bridgewater buys puts- Nov 2019, virus deaths double overnight-Jan 22
>>8153794, >>8153804, >>8153879, >>8153984, >>8153990, >>8154187 anons:"@ Snowden marker IG/Subpoena/DEA/Bruce Ohr/Snowden Connection
>>8153819, >>8154053 GOP governor endorses Bill Weld over Trump- Wash. Examiner
>>8153824, >>8153888, >>8153906, >>8153991, >>8153967, >>8154040 anons on Dr.Marcel Vollmer "Blue Beam much?"-(soc media) SAP supply chain connections
>>8153900, >>8154015 (oops!) Israel says Hamas used 'attractive' women in thwarted cyberattack- yahoo news
>>8153913 US Army TWat: "In celebration of #BlackHistoryMonth…"
>>8153948 James Brown died in 2006. Now an Atlanta prosecutor is looking into it-cnn from Feb 13
>>8153960, >>8153930 Eric Holder Twat…that timestamp
>>8154088, >>8154073, >>8154121, >>8154351 POTUS to take a lap in the beast around Daytona Int'l Speedway- soc media
>>8154116 Did coronavirus originate in Chinese government laboratory? Scientists believe killer disease may have begun in research facility 300 yards from Wuhan wet fish market-dailymail
>>8154311 Swiss Crypto AG spying scandal shakes reputation for neutrality
>>8154342 California congressman owes $145,000 in unpaid income tax, according to new IRS lien-from Feb 15
>>8154348 The Multi-Billion-Dollar Mystery Of The Great British Gold Sale
>>8154359, >>8154372 New POTUS tweet
all you wnb
you go bro.
thought it was leaf but as mentioned kind of not paying attention. at least it got sorted.