Big Things are Happening

JUDY SHELTON SAYS WE NEED TO OPEN UP THE FEDERAL RESERVE AND MOVE TO A DIFFERENT CONSTRUCT

Well said @judyshel

Russian precious metals exports to China almost doubled in the first half of the year… $1 billion. Watch closely.

BREAKING NEWS: U.S. TREASURY SECRETARY SAID THE ENTIRE U.S. FEDERAL RESERVE NEEDED TO BE EXAMINED AS AN INSTITUTION

Wow. Big things are happening.

“What we need to do is examine the entire Federal Reserve institution and whether they have been successful…”

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen jointly warn that the United States’ pressure against its current chief could fuel inflation. The irony here… Everyone has now arrived at the dance.

The brilliant @judyshel made a sharp point on CNBC, exposing the dysfunction at the Federal Reserve by highlighting its staggering $900 billion in unrealized losses on its own portfolio.

The Treasury Secretary of the United States said this on the replacement of Jerome Powell at the Federal Reserve: “There are several female regional Fed bank presidents and then there are some fantastic women outside the Fed.” Let’s go @judyshel.

Asian local-currency bond sales reach RECORD. Interesting considering the European bond demand that is happening… The trend is real.

Japan’s 40-year government bond auction generated the weakest demand in 14 years. Look at what happens when the Bank of Japan is no longer at the table buying up everything aggressively. This is why I have always called this situation… “Tragic comedy.”

Imagine observers on Mars seeing the U.S. dollar as the world’s reserve currency… then noticing:

– 125% debt-to-GDP
– 6% annual deficits
– Frequent use of sanctions
– Threats of tariffs
– A country representing just 4% of humanity

What do you think they would say? @elonmusk

We talked about:

– Why central banks are quietly hoarding gold
– The slow-motion fall of the dollar
– Yield curve control and debt reflexivity
– How mining is becoming geopolitical power
+ much more.

Chris doesn’t hold back.

Watch here:

A state-backed Chinese gold producer is emerging as the front-runner to acquire Barrick’s Tongon gold mine in northern Ivory Coast. This deal would be valued at up to $500 million. China continues to swallow up gold deposits.

The President of the United States will visit the US Federal Reserve tomorrow. When Fort Knox?