You're absolutely correct, i read that Israel is sending submarines to navigate the iranian water..
All you need to do is look at the picture... short term, BPT is heading to $100-$105
Any Global Crisis gets out of hand this Summer, you see BPT heading back to $110-$120 again.
JUNE + Ukraine + South China Sea + East China Sea + Iran + Syria ... I see BPT doing very well in JUNE 2014.
be very careful
You could end up like those volkswagon shorts not long ago.
Just look at this picture and what do you see ?
USD is doom
Silver Fix coming to an end this August, Gold Fix should not be that far apart... ultimately Gold Fix will come to an end too.
4 things that took place..
1st it was the two tiered pricing structure that took place in 1968
* * * * * 2nd, the price of gold was allowed to fluctuate in 1975 * * * * *
4th.. World Crisis
Gold from $33.00 oz skyrocketed to $850.00 oz = ( almost 2600 percent ) up 26X
Finally, the Silver Fix is coming to an end by Aug 2014..
don't be happy yet, you got to see what these criminals are up to next after the silver fix end.. if the criminals really leave silver alone for the 1st time and let it float and trade naturally, Silver could get a bitcoin rally style for the next 5 yrs.
Yes, Silver could hit $200 $500 and possibly over $1000 an ounce
70% of the 30 yrs US Bonds are purchased by the FED, because nobody believes USD going to be around as a reserve currency for another 3 decades. So the only guy buying it is the FED.
Close to 50% of the 10 yrs are bought by you know who... Yes, once again the FED
It looks pretty funny that the US Central Bank buys up all their worthless money to give you the illusion that the USD remains steady and strong.
If the China Russian Gas Deal are done in YUAN... this could be the beginning of the end of the USD and the dying Euro.
There's also talks of a giant Russian China OIL DEAL on its way.
The current 186 bcm gas that China imports annually .. payment mostly in USD and some EURO
There's going to be 2 main pipeline to deliver Russian gas to China, if everything goes smoothly.. it could add close to 70 bcm of gas to China. Payment could be in 100% chinese yuan, bypassing the mighty USD
13 years ago, US DOLLAR as the global reserve makes up over 50%
13 years later ( now 2014 ) .. USD as a global reserve currency now down to 30%
5 years from now is going to be down to 20% and no longer a global reserve currency
As a investor, you better prepare for it... start buying gold and silver and don't put everything in USD
US can no longer pay its debt , once it looses its global reserve currency status
IMF are funded by the United States... lending $14 billion to ukraine is like giving them free money
The $14 Billion loan from IMF is not free you know, Ukraine have to pay it back.
Ukraine can't even pay Russia.. how can Ukraine pay the IMF ??
Russia have tons of Oil and Gas
Putin shuts off the gas... the people in Ukraine going to be taking a COLD SHOWER.. because they won't have heated hot water. In Winter time, they freeze to death.
If you living in Ukraine, most likely you vote to join Russia too knowing your government is bankrupt.
When a country is bankrupt... food prices starts to skyrocket
You won't even have the money to buy food to eat.
no wonder all the Ukrainians voting to join Russia, the people knows Ukraine is Bankrupt... there's no hope left
Ukraine owes $38.4 billion to Russia
IMF can only come up with $14 billion... most of IMF $$$ comes from United States anyway.
BUY GOLD & SILVER