Beiträge von DrK

    Stichwort Palladium.
    Interessant, sollte der wWesten wirklich auf 42% Jahresproduktion verzichten wollen ...


    Grüße


    Falls OffTopic, bitte löschen/verschieben.



    Robert Shiller in der NZZ vom 26.01.22 :


    Sind die Zentralbanken mit ihrer Geldpolitik nicht etwas sehr weit gegangen? Sie schafft schliesslich viele andere Probleme wie beispielsweise niedrige bis negative Zinsen . . .


    „Wenn Milton Friedman noch leben würde, wäre ich gespannt, was er zur massiv vergrösserten Geldmenge sagen würde. Die Zentralbanken haben die Möglichkeit, dass die Inflation steigen könnte, unterschätzt. Sie hatten Wunschvorstellungen, die sich nicht erfüllten. Zentralbanken wollen nicht alarmistisch sein, doch langsam ist die Höhe der Inflation etwas alarmierend. Andererseits wird eine erhebliche Arbeitslosigkeit die Folge sein, wenn die Zentralbanken auf die Bremse treten und die Zinsen hochschrauben.“


    Arbeitslosigkeit oder Zinsen ?


    Keynesianer Helmut Schmidt sagte ja vor Jahren auch schon einmal : „Lieber 5% Zinsen als 5 Millionen Arbeitslose ...“
    Kurze Zeit später hatte er beides ...


    Grüße

    Sohale Mortazavi :
    The majority of cryptocurrency mining is now conducted in commercial mining farms, essentially huge warehouses running thousands of high-powered computer processors day and night. The electricity expended mining Bitcoin and other cryptocurrencies is rapidly approaching 1 percent of global usage, which is famously greater than the total electricity consumption of many smaller developed nations.
    Given that cryptocurrencies don’t produce anything of material value, this enormous waste of resources renders the whole enterprise a negative-sum game. Investors can only cash out by selling their coins to other investors — but only after the miners and various cryptocurrency service providers take the house’s rake. In other words, investors cannot — in the aggregate — cash out for even what they put in, as cryptocurrencies are inefficient by design.

    "1971 hatte ich genau 1 Unze , von meinem Patenonkel zur Erstkommunion bekommen...die habe ich irgendwann in Wein, Weib und Gesang investiert. [Blockierte Grafik: https://www.goldseiten-forum.com/wcf/images/smilies/biggrin.png] Hat sich gelohnt ! [Blockierte Grafik: https://www.goldseiten-forum.com/wcf/images/smilies/thumbsup.png] )"


    1971 ... da war dein Patenonkel aber ziemlich knauserig ...


    Meine erste stammt von 73.
    Heute noch im Fundus.


    Kelsey lese ich ab und an, bleibe dadurch immer aufm Teppich.


    Grüße


    Ende OFF Topic.

    Ich war gerade im Jammerfaden, vielleicht wrong place,
    daher hier noch einmal :


    Wolf Richter am 5.1.22 :



    Cryptos, the new inflation hedge, failed to hedge against anything.


    At first, years ago, cryptos were supposed to be this new currency that would leave the hated “fiat” currencies in the dust. And then, when that didn’t pan out, they were supposed to be assets whose prices would endlessly boom. And when that didn’t work out in 2021, they were supposed to be a hedge against inflation.
    Well, OK, it started out with Bitcoin, and now there are nearly 9,000 of these cryptos, and it turns out they’re just gambling tokens. For example, the largest hedge against inflation, Bitcoin, has plunged by 36% in the two months since November 7, to hedge again 7% inflation over a 12-month period or whatever. So that didn’t work out either. Well, OK, the jury is still out, I can already hear it, it’s going to a gazillion by March.
    But if the Fed – at the core of the hated fiat dollar – is tightening, and if cryptos are supposed to be the force that is independent and outside of the hated fiat, why did cryptos plunge today when QT is showing up on the near horizon? People running for the exists suddenly? Another crypto narrative gone down the drain. In the end, they’re just gambling tokens with which people are trying to get rich quick. And it works for those that can get out in time.


    Falls OT bitte löschen/verschieben.


    Grüße

    Wolf Richter am 5.1.22 :



    Cryptos, the new inflation hedge, failed to hedge against anything.


    At first, years ago, cryptos were supposed to be this new currency that would leave the hated “fiat” currencies in the dust. And then, when that didn’t pan out, they were supposed to be assets whose prices would endlessly boom. And when that didn’t work out in 2021, they were supposed to be a hedge against inflation.
    Well, OK, it started out with Bitcoin, and now there are nearly 9,000 of these cryptos, and it turns out they’re just gambling tokens. For example, the largest hedge against inflation, Bitcoin, has plunged by 36% in the two months since November 7, to hedge again 7% inflation over a 12-month period or whatever. So that didn’t work out either. Well, OK, the jury is still out, I can already hear it, it’s going to a gazillion by March.
    But if the Fed – at the core of the hated fiat dollar – is tightening, and if cryptos are supposed to be the force that is independent and outside of the hated fiat, why did cryptos plunge today when QT is showing up on the near horizon? People running for the exists suddenly? Another crypto narrative gone down the drain. In the end, they’re just gambling tokens with which people are trying to get rich quick. And it works for those that can get out in time.


    Falls OT bitte löschen/verschieben.


    Grüße