Gold Telegraph
@GoldTelegraph
Global debt hits a new high of $315 trillion.
$315 trillion.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
RUSSIA AND CHINA ARE DISCUSSING BARTERING METALS FOR CHINESE MACHINERY IMPORTS
Boom.
Step 1.
“Since barter trade doesn’t require monetary payments, it would allow Russia and China to skirt such issues…”
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Gold Telegraph
@GoldTelegraph
Yesterday, there was a significant M&A activity in the gold industry, with Gold Fields acquiring Osisko Mining for C$2.16 billion
There is a rush for Canadian mining assets.
Quebec and the Abitibi Greenstone Belt are among the best mining regions in the world.
Who is next?
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Gold Telegraph
@GoldTelegraph
There is currently a strike at the world’s biggest copper mine.
The mine produced nearly 5% of the world’s copper in 2023.
Something to follow closely.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
THE INDIAN AND RUSSIAN CENTRAL BANKS HAVE RENEWED DISCUSSIONS TO SET A MECHANISM TO EXPAND LOCAL CURRENCY TRADE
“Mechanism.”
“The discussions between the two central banks involve setting a reference rate between two local currencies for trade instead of determining the value of currencies against the U.S. dollar…”
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Gold Telegraph
@GoldTelegraph
For the past year, the West has been warning about the dangers of cyberattacks, and in the past two weeks, we have seen:
• A major cyberattack on the central bank of Iran.
• A cyberattack on the central bank of Russia.
Nothing to see here.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
ALL THE COMPUTER SYSTEMS OF BANKS IN IRAN ARE PARALYZED FOLLOWING A MAJOR CYBERATTACK
Wow.
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Gold Telegraph
@GoldTelegraph
A financial war is unfolding.
It has been going on for a while.
Many are just realizing it for the first time.
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Gold Telegraph
@GoldTelegraph
The wisdom my nonna would tell me as a child:
“Chi va piano, va sano e va lontano.”
Which is an Italian proverb which means…
Whoever goes slowly goes safely and goes far.
This explains gold.