Gold Telegraph
@GoldTelegraph
The incoming Treasury Secretary of the United States said in June:
“We are going to have to have some kind of a grand global economic reordering.”
The entire world understands what is happening now. The foundation of the system is changing.
BREAKING NEWS: A TOP NATO MILITARY OFFICIAL IS URGING BUSINESSES TO BE PREPARED FOR A WARTIME SCENARIO AND ADJUST THEIR PRODUCTION AND DISTRIBUTION LINES ACCORDINGLY
We need a new international monetary system and quickly.
“Bauer noted western dependencies on supplies from China, with 60% of all rare earth materials produced and 90% processed there…”
A direct link to gold in the international monetary system forces countries to maintain financial discipline, promotes stability, and have global cooperation. Our world needs this.
A gold-backed United States Treasury instrument sounds far more practical than anything else proposed today:
• Universally recognized.
• Held as a reserve asset by countries worldwide.
• Immune to devaluation through excessive monetary printing.
• Enhances trust and credibility in the United States treasury market.
Should I go on?
The first day in office for the U.S. President-elect:
– 25% tariff on all products from Mexico
– 25% tariff on all products from Canada
– Additional 10% tariff on goods from China
Here we go…
Watch global trade.
Things are about to get interesting…
— Gold Telegraph ⚡ (@GoldTelegraph_) November 6, 2024
Last year, 30% of China’s exports went to G7 countries, down from 48% in 2000. Meanwhile, China’s share of global exports has risen to 14%, up from 13% before the initial tariffs.
China has been preparing, and they are stockpiling gold.
The movie continues to roll.
The Canadian Dollar is being hammered against the US dollar and GOLD due to the tariff news. Canada is one of the only countries in the world with zero gold in its vaults.
When can someone wake up? It is getting very tough to watch.
