THE STATE BANK OF INDIA (BE A***BANKRUPT**) PAY FOR INTEREST IN GOLD DEPOSITS/www.rajathee.net
THE STATE BANK OF INDIA (BE A***BANKRUPT**)
PAY FOR INTEREST IN GOLD DEPOSITS/www.rajathee.net
An article caught my eye this week the ThirumalaTirupati Temple in India
Has deposited gold at the state bank of India, and is getting pain interest
On their deposit. There Is SOME THING unique about this matter
To understand why no one else is paying interest in gold is paying interest
In gold*** let is 1st
look at how can use asset class to make a dollar income
SPECULATION Buy –something wait sell it at a higher prize by deposits
You can use bonds ,stocks real estate, art work, classicferrasis
BY THE WAY NOMATTER WHAT YOU
USE YOU ARE CONVERTING WHAT HAD BEEN
SOME ONE ELSE’S CAPTIALIN TO YOUR OWNIN COME THIS IS CATIAL DESTRUCTION ON A
MASSIVE SCALE***(MASSIVE SCAM)
USING GOLD TO PROUDUCE ADOLLAR INCOME IS SIMPLE. JUST SELL A COVERD CALL
WITH STRIKE PRICE A LITTLE HIGER THAN CURRENT PRICE , YOU GETPAID PREIMUM
IMMEDIATELY.IF THE GOLDPRICE DOE’S NOTRISE
THEN YOUCAN REPAY$ THE TIRCK AN SELL ANOTHER CALL IF DOE’S NOT RISE YOU
MUST SELL THE ANOTHER CALL THE GOLD AT THE STRIKE PRICE.
THE EARNS YOU PROFIT AS IT IS ABOVE WHAT YOU PAID THEN JUST BUY MORE GOLD
AND DO IT AGAINIF YOU KEEP YOUR BOOKS IN DOLLARS
AND TRADE FOR DOLLAR GAINS YOU DON’T REALLY CARE ABOUT HOW MANY DOLLARS IF
THE GOLD PRICE DOUBLES YOU MAY END UP WITH ABOUT HALF TH EGOLD BUT WHO CARES,AT
LEAST YOU’REMAKING ASTEADY STREAM OF DOLLARS THT YOU CAN CONSUME,MAKING AGOLD
INCOME IS SOMETHING ELSE YOU CAN’T JUST
SELL CALLS OR SELL THE GOLDIT SELF IF YOU DO, AND THE GOLD PRICES RISES YOU
WILL HAVE TO BUY THE GOLD BACK HOW EVER
THE SAME DOLLARSYOU HAVEWILL GET YU LESS GOLD AT THE HIGHER PRICE.(THEORY OF
DOLLAR WISE GOLD TRADE)
FOR EXAMPLE:YOU START** WITH GOLD 100 OZ TODAY PROCE IS ABOUT $1300PEROUNCE
AND YOU SELLL A DECEBER CALL OPTIONIT HAS STRIKE PRICE OE 1325 AND YOU GET PAID IMMEDIARELY $ 25 PER OUNCE
OR $2500 FOR THE CONTRACT
***
UNFORTUNATELY- YES THIS IS UNFORTUNATE AS WE SHALL SEE IN A MOMENT – THE GOLD
AND PER YOUR CONTRACT YOU ARE PAID $132500
+THE OPTION PREIMUM OF $2500= $135200
WHEN YOU GO TO BUY YOUR GOLD BACK YOU IS COVER THE CATCH AT THE NEW PIRCE YOU CANONLY GET
$13500/$1500=100OZ EVEN AFTER PICKINGUP ALMOST 2 OUNCES WORTH PENNIES, INFRONT
OF THE STREM ROLLER, IT STILL SQUEEZED 10 OUNCES OUT OF YOU – YOUR 1000-ZSHRUNK
TO 900Z
WOULD YOU LIKE TOPLAY AGAIN?
THISIS WHY THE HEAD LINE IN INTERNATIONAL BUSINESS TIMES CAUGHT MY EYE,
REMAIN COME TO OUR INDIANMATTER-NOW SBIN –IS GENTLEMAN
PAYING 1% ON THE TEMPLE’S GOLD IN GOLD*** IT MAY NOT SOUND LIKE A LOT , BUT
THAT MEANS FOR EVERY 100Z THE TEMPLE DEPOSITS
IT GETS BACK 101Z NEXT YEAR
ITDOESNOT FACE THE RISK OF HAVING ITS GOLD CALLED AWAY AT THE NEXT CRISIS FLAIR
UP.
I WNDRED HOW THE BANK COULD PAY THIS INTERST IN GOLD AFTER ALL ,IF YOU CAN’T
MAKE YIELD ON YOUR GOLD AND THE TEMPLE CAN’T MAKE AYEILD ON HIS GOLD HOW CAN
THE STATEBANK MAKE AYEILD ON GOLD
I ASKED SOME OF MY FRIENDS EROM INDIA THISQUESTIONIGOT TWO BASIC ANSWERS
ONE WAY THEY COULDDO THIS IS BY SELLING THE GOLD AND INVESTING THE PROCEEDS IN A DOLLARSDENOMINATED
INSTRMENT THAT PAYS INTEREST THE BANK MAKES SAY 4% AND PAYS THE TEMPLE 15 IT
SOUNDS FEASIBLE, BUT THERE IS A VERY BASIC CATCH AS WE SAW ABOVE IF THE GOLD
PRICES RISES THERIS IN GOLD.
THE TEMPLE’S ACCOUNT IS DEMINATED IN GOLD IF THE BOOKS ARE KEPT USING GOLD
AS THE UNIT OF ACCOUNT- AS THEY SHOULD BE THEN THE DOLLAR MUST BE MARLED TO MARKET,THISIS
APROFOUDLY IMPORTANT
BUT SUBLE POINTON GOLD BOOKS IF YOU GOLD THEN THERE CARE NO PROFIT OR
LOSSES. ONLY WHEN YOU BUY AN ASSETSUCH AS THE DOLLAR
(IE SELL GOLD) DO YOU START MARKINGGAINS AND LOSSESON YOUR BOOKS
WHEN NEVER THE DOLLAR PRICE CHANGES GOING BACK TO OUR EXAMPLE
YOU BEGIN WITH 100Z OF GOLD YOU BUY 1,30,000 USD AT THE PRICE OF 23.93
MG**** GOLD IS EQUALENT TO A GOLD PRICE OF $1300USDSPEROUNZ
WORTH OF DOLLARS IT IS AWKARD AT FIRSTTO SAY THAT BUT IS PERFECTLY VAILD. THE DOLLAR PRICE FALLS
13.3%TO 20.74 MG
(IE THE GOLD PRICE RISES TO 1500$ YOU TILL OWN 13,0000 USD NOW WORTH ITS
86.68Z YOU HAVE LOST 13.32Z THIS IS BAD ENOUGH FOR THE INVESTOR BUT IT’S A MUCH
MORE SEIOUS PROBLUM FOR A BANK,
A BANK BALANCE SHEET HAS ASSETS MATCHED TO***LIABILITIES***
THE LIABILITY IS GOLD DEPOSIT OWEND
TO THE DEPOSITER,***
IN THIS CASE 100Z THE ASSET IS WHATEVER THE BANK BOUGHT IS IN THIS CASE
13,000 USD NOW THIS SUM OF USD IS ONLY WORTH ABOUT 86Z THE BANK HAS A VERY BIG
PROBLEM IF THIS HAPPENED IN ENOUGH ACCOUNTS IT WOULD BE A***BANKRUPT**
IAM NOT SATIS FIED WITH THE 1 ST
ANSWER SEVERAL PEOPLE TOLD ME THAT IS JUST THE RISK THE BANK TO DO BUSINESS I
DISAGREE***
LENDING MONEY IS OURS RISK YOU HOPE
BORRWER WILL REPAY IT YOU DO ALL OF YOUR DILIGENCE TO VERIFY THAT THE BORRWER
HAS THE MEANS AND INTENT TO REPAY THERE IS A CHANCE THAT DESPITE THIS HE
DEFAULTS AN ANOALOGY IS THAT YOU HAVE CAR INSURANCE BECAUSE NO MATTER HOW CARE
FULLY YOU DRIVE YOU MAY CRASH.
THE FALLING DOLLAR PRICE IS NOT A MORE “RISK” IT IS A CERTAINTY
JUST LOOK AT A GRAPH OVER THE PAST
100 YEARS IN THE ANALOGY
OF DRIVING CAR THIS IS LIKE DRIVING
OVER THE CLIFF EDGE THE GRAND CAN YOU A COLLISION IS CERTAIN
THE SECOND ANSWER I GOT WASTE
COMLICATED AND MORE SINISTER THE BANK COULD PLANING FRAUD*** AND NOY INTENDING
TO EVER REPAY THE GOLD THE MIGHT GET THE
GOVERNMENT TO DECLARE THIS DEPOSIT AS THE
THAT ALL GOLD DEPOSITS ARE REDNOMINATED IN PAPER MONEY
I DON’T KNOW WHICH OF TESE 2 ANS
WERS IS CORRECT I HOPE THEY ARE BOTH GOVERNMENT-
BANK OR GOING IN WRONG AND THERE IS SOETHING REAL BACKING THEIR GOLD DEPOSITS
IF YOU SOME THNK ABOUT THIS IT WOULD LOVE TO HEAR FOR YOU.
THE GOLD INTERST RATE IS VERY IMPORTANT TOPIC THE WORLD IS NOT YET PREPARED TO GRUSP IT
HOWEVER WITH EACH INSO;VENCY QUANTITATIVE EASING FALLING CURRENCY BAIL IN AND INEVITABLE
RISE OF THE GOLD PRICE THE TDE IS TURNING
1MATTER YOU KNOWN THIS EVENT BOTH
MONEY AND TEMPLE –AND BANK
IS PUBLIC PROPERTY FULLY HOLD TO 130 CORE PEOPLE ANY ONE CHEATED
THE PERUMAL- HIS 7 THALAIMURAI IS
VERY SORRY- NO PLACE IN HEAVEN
1ST PLEASE DEPATH THIS MATTER TO ALL MEDIA OUR COUNTRY AND
PEOPLE SAFE FROM AGAINST THE WAR BETWEEN GOD’S PROPERTY BIG THEFT
