Gold Telegraph
@GoldTelegraph
BREAKING NEWS: RUSSIA SAYS TRUMP THREAT TO BRICS NATIONS AGAINST REPLACING US DOLLAR WILL BACKFIRE
It begins.
“Peskov said the dollar was losing its appeal as a reserve currency for many countries, and the trend was gathering pace…”
The CEO of a top Russian bank says the West will not return any of the frozen Russian sovereign assets.
$300 billion gone.
S***p the politics out and read this.
$300 billion of sovereign assets is just gone.
Are people really surprised by the rush to gold?
French government faces collapse this week. A trend is growing across Europe.
BREAKING NEWS: CHINA IS STUDYING RUSSIA’S SANCTIONS EVASION FOR PREPARATION
They hold a lot of treasuries.
“Officials report back to Beijing with lessons it can use in the event of war and Western penalties…”
In a rare move, China’s leader Xi Jinping visited the State Administration of Foreign Exchange in the fall of 2023. During this unprecedented visit, Xi posed a huge question: How does the country safeguard its vast reserves?
Remember this when you hear threats.
There is a global rush by countries trying to protect their reserves. Threats don’t diminish this. Confidence does.
TOP FEDERAL RESERVE OFFICIAL WARNS PROGRESS ON TAMING UNITED STATES INFLATION MAY BE STALLING
Oh, wow?
With the U.S. threatening 100% tariffs on BRICS nations for undermining the dollar, it’s clear why the Bank for International Settlements exited Project mBridge. Think about Saudi Arabia and China… Energy.
A Federal Reserve official now says inflation is just above the inflation target. There is a 65% difference to where it needs to be.
Target: 2%
Where it is: 3.3%
Total deception.
Western leaders must urgently prioritize revitalizing their natural resource sector to effectively compete with BRICS in the global race for control over hard assets.
3 ways you do this:
1) Capital.
2) Deregulate. (permitting)
3) Incentives.
Donald Trump told Prime Minister Trudeau that Canada could join the US as its 51st state if new US tariffs crippled its economy.
This is real.
Canada needs to start buying gold.
— Gold Telegraph ⚡ (@GoldTelegraph_) December 3, 2024
