Gold Telegraph
@GoldTelegraph
BREAKING NEWS: THE BANK OF JAPAN COULD SEE A NET LOSS OF UP TO $12.7 BILLION IN FISCAL 2027 OR 2028 IF IT RAISES ITS SHORT-TERM POLICY RATE TO 2%
Japan is trapped. It is a tragic comedy movie in the making.
“Red ink to reach peak by fiscal 2028, central bank estimates…”
The one thing the past 5 years have taught me: The world is a stage.
True liberty thrives on the power of choice. When that power is diminished, one must ask: Who is behind it, and what purpose does it serve? Just because something is trending from the crowd does not make it right.
The Japanese yen is now at a five-month low. After spending around $100 billion defending the yen in 2024… Here we are.
The United States Treasury Department says the government is beginning to run out of money to finance its debt obligations. Janet Yellen warns that the United States will reach the debt ceiling in mid-January. It’s hilarious people think this matters after $36 trillion…
If the United States abolishes its debt ceiling after sinking $36 trillion into debt, what reason remains to believe there will ever be a ceiling on the price of gold? The central banks that issue this debt are stockpiling for a reason. Hedging their own stupidity.
A step toward restoring monetary integrity in the US could be introducing a long-term Treasury security redeemable in gold upon maturity. $36 trillion in debt. The incoming Treasury Secretary recognizes the power of gold as central banks continue to stockpile it. @judyshel
“The incoming Treasury Secretary has voiced support for the U.S. issuing ultra-long-term bonds…”
Read:
IS THE UNITED STATES CONSIDERING A GOLD-BACKED TREASURY INSTRUMENT? 🇺🇸
Some interesting coincidences…
“We are going to have to have some kind of a grand global economic reordering.”
Scott Bessent, the incoming Treasury Secretary, is stepping into the spotlight to manage the… pic.twitter.com/LUFphhhRfb
— Gold Telegraph ⚡ (@GoldTelegraph_) November 25, 2024
