Gold Telegraph
@GoldTelegraph
Since mid-July, Warren Buffett, through Berkshire Hathaway, has sold nearly $10 billion worth of Bank of America stock.
Interesting…
Crude oil up 4%.
BREAKING NEWS
COMMERCIAL AND CENTRAL BANKS WILL BE ABLE TO CONDUCT LIVE TRIALS OF DIGITAL-ASSET TRANSACTIONS ON SWIFT STARTING NEXT YEAR
Here comes digital…
“Latest industry figures show that 134 countries are currently exploring CBDCs , and the tokenised asset market is projected to reach $16 trillion by 2030…”
https://swift.com/news-events/press-releases/global-banks-use-swift-trialling-live-digital-asset-transactions-2025
Russian court freezes funds of JP Morgan.
Things are ramping up on the financial side…
BREAKING NEWS
THE LONDON METAL EXCHANGE IS SET TO APPROVE THE EXPANSION OF ITS GLOBAL METALS WAREHOUSING NETWORK INTO HONG KONG BEFORE THE END OF THIS YEAR
Everything continues to be in motion.
Battle for pricing power.
“Expanding into Hong Kong would mean a significant boost to LME trading volumes…”
https://reuters.com/markets/commodities/lme-approve-hong-kong-warehousing-by-end-2024-sources-say-2024-10-01/
