Gold Telegraph
@GoldTelegraph
The European Central Bank is warning that Europe must prepare for a new trade war with the United States.
There you have it.
Treasury yields continue to tell us something…
The world still faces a massive global debt issue. Those dismissing gold overlook that the dollar has lost nearly 35% of its purchasing power in the past year, while gold, as real money, has outlasted every international monetary system in history.
Know what you own and why.
As @judyshel highlighted in our conversation, central bankers worldwide recognize that gold forms the very foundation of the international monetary system.
It serves as the base against which all fiat currencies are measured, inevitably eroding in value relative to each other.
“These people all know and respect each other and easily go back and forth in talking about gold as a monetary bulwark for central banks and that’s why they hold it as a reserve asset all around the world.” – @judyshel
Watch:
GOLD TELEGRAPH CONVERSATIONS #1:
JUDY SHELTON“I want the United States to be the leader if there’s any kind of gold backing to a currency.” – @judyshel
Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide… pic.twitter.com/gmk9GqBCPz
— Gold Telegraph ⚡ (@GoldTelegraph_) November 3, 2024
The Indian central bank is likely selling dollars to support the rupee. Another one.
BREAKING NEWS: THE BANK OF ENGLAND IS REDUCING THE CASH BUFFER IT HOLDS AGAINST UNEXPECTED LOSSES AS IT UNWINDS ITS QUANTITATIVE EASING BOND-BUYING PROGRAM
Nothing to see here.
“Bailey, Reeves agree to policy shift in exchange of letters…”
