Gold Telegraph
@GoldTelegraph
Janet Yellen says she is worried about the fiscal sustainability of the United States, given the sharp rise in its sovereign debt. Hilarious. You can’t write this script even if you tried. This is the current United States Treasury Secretary.
BREAKING NEWS: BILLIONAIRE INVESTOR RAY DALIO WARNS THAT HE WOULD INVEST IN “HARD MONEY” LIKE GOLD WHILE AVOIDING DEBT ASSETS
Hard money vs Debt. The race is on.
“It is impossible for these countries to be able to not have a debt crisis in the years ahead that will lead to a great decline of [money] value…”
The Bank for International Settlements is warning that government borrowing habits pose the biggest threat to world economic stability. This is the central bank to central banks. When it rains, it pours. People are starting to wake up.
BREAKING NEWS: DONALD TRUMP VOWS TO SPEED UP PERMITS FOR ANYONE INVESTING $1BN IN THE UNITED STATES
The mining boom is coming.
“He has since also pledged to expand all forms of energy production to grow our economy…”
You know, things are getting bad when BIS warns about government debt risking the future of economic stability. Central banks have enabled this debt, and the BIS is helping drive the rush to develop central bank digital currencies. Things that make you go “hmmm.” Coincidence?
The governments of France and Germany have both collapsed this past month. Two of the biggest economies in Europe. Now? Under a new financial stability tool, the Bank of England will hide the identities of any pension funds, insurers, or hedge funds bailed out. Just wild.
The Bank of England has cost taxpayers tens of billions of dollars from the stupidity of quantitative easing, which also helped drive inflation. It now wants to hide the identities of those who get bailed out. I mean, What is going on?
BREAKING NEWS: CHINA’S TOP LEADERS AND POLICYMAKERS ARE CONSIDERING ALLOWING THE YUAN TO WEAKEN IN 2025 AS THEY BRACE FOR HIGHER TRADE TARIFFS
The entire country of China is stockpiling gold for a reason. Currency wars…
“Letting the yuan , depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs…”
U.S. Treasury Secretary Janet Yellen warns that the U.S. will react strongly when countries try to manipulate their currencies. Give me a break, Janet. What about Japan?
The Canadian dollar is nearing record lows vs. gold. The Bank of Canada cut rates today.
The Canadian Dollar is trading at a 4-year low against the dollar.
The last 1 year against gold?
Down 33%The Bank of Canada is expected to cut rates again this week.
Goodbye purchasing power?
Canada is the only G7 country with ZERO gold. pic.twitter.com/9mP1hPTAGY
— Gold Telegraph ⚡ (@GoldTelegraph_) December 8, 2024
More than 20% of Canada’s gross domestic product is tied to trade with the United States. The United States is talking about throwing a 25% tariff on imports from Canada. The country is already facing a significant budget deficit. Canada needs to buy gold.
Janet Yellen says no currency could rival the dollar. Gold is saying something different. How can you not smile?
As Secretary Janet Yellen is asked about her concerns over the U.S. dollar’s status as the world’s reserve currency…
The Treasury Department sign falls off.
The universe always finds a way to make us laugh.
— Gold Telegraph ⚡ (@GoldTelegraph_) October 27, 2024
