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Home Dinar Guru Updates Dinar Detectives

Financial Stress Events

August 20, 2024
in Dinar Detectives
Share on FacebookShare on Twitter

Gold Telegraph 
@GoldTelegraph

The Prime Minister of Malaysia is heading to India to reset ties.

They want to join BRICS.

Remember, they wanted to reintroduce the gold dinar as a reserve currency in late 2023?

Things that make you go hmmmm.

That last line I thought of @ttmygh.

10:55 AM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

There is a gold rush in India.

– The central bank continues to add to its reserves.
– Local demand is surging with the recent reduction in import duties.

Access to gold is becoming easier in one of the world’s biggest consumer markets.

Another nation belonging to BRICS.

1:10 PM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

WOOD MACKENZIE IS WARNING THAT REMOVING CHINA FROM THE WORLD’S COPPER SUPPLY CHAIN WOULD CREATE A $85 BILLION GAP FOR WESTERN ECONOMIES TO FILL

We need more high-grade copper projects to come online in the West.

1:33 PM · Aug 19, 2024

“WoodMac estimates that demand for the metal is set to rise as much as 75% to 56 million tonnes by 2050…”

Source: https://www.mining.com/diversification-from-china-leaves-85bn-gap-in-copper-supply-chain-warns-woodmac/

1:35 PM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

Gold staying above $2500 to start the week.

Nice to see.

3:16 PM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

CHINA AND THE UNITED STATES TO APPOINT CONTACT PEOPLE TO DEAL WITH ANY FUTURE “FINANCIAL STRESS EVENTS”

Interesting…

You should be asking:

“Why now?”

3:21 PM · Aug 19, 2024

“Two sides shared names of contacts during Shanghai meeting…”

Source: https://www.bloomberg.com/news/articles/2024-08-19/china-us-team-up-on-contact-group-to-handle-financial-stress

3:29 PM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

Janet Yellen:

In 2017:
“We will likely not have a financial crisis in our lifetimes.”

In 2024:
Works out an agreement with China to have contact people to deal with any future financial stress events.

How can you not laugh?

3:55 PM · Aug 19, 2024

=======================================

Gold Telegraph 
@GoldTelegraph

For the first time in history, 400-ounce gold bars have surpassed the $1 million mark in U.S. dollar terms.

In other words,

Gold is starting to showcase its superiority against the dollar.

It still is very quiet out there…

7:09 PM · Aug 19, 2024

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