Chilling but Accurate Reflection of Where we are

Gold Telegraph 
@GoldTelegraph

Janet Yellen says President Trump’s policies are eroding trust in the US Dollar and Dollar Assets. This is all started when the United States FREEZED a country’s reserves. Yellen should be a comedian.

Federal Reserve Governor sees tariff inflation as transitory. I mean, come on.

BREAKING NEWS: INDIA CONSIDERS GOLD, SILVER IMPORTS FROM UNITED STATES TO BRIDGE TRADE DEFICIT

Boom.

“The US is a leading producer of gold, silver, and platinum. India can easily source a sizable quantity of these valuable items from the United States…”

The United States Treasury Department could buy back older debt securities… Well, there you go.

As Matthew Piepenburg told me bluntly:

“Santa Claus can’t solve a liquidity crisis when you’re $37 trillion in public debt and over $100 trillion in household, corporate and public debt…

There’s not enough grease to keep those debt wheels going without bazooka money, without debasing the currency.” This is a chilling but accurate reflection of where we are and where we may be heading.

We covered BRICS, Project mBridge, global gold accumulation, the petrodollar, Fort Knox, the evolving narrative around gold + much more.

Watch the full conversation, here: