Gold Telegraph
@GoldTelegraph
BREAKING NEWS: THE EUROPEAN CENTRAL BANK’S LOSS BALLOONED TO A RECORD €7.9BN LAST YEAR
The Hollywood movie continues…
“Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation…”
https://www.france24.com/en/live-news/20250220-ecb-rate-hikes-result-in-record-loss-in-2024
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Swiss January gold exports to the United States reached the highest in 13 years. Nothing to see here… The United States is finally stockpiling gold.
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Goldman has raised the year-end price target on gold to $3100.
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South Africa’s leader prioritizes overhauling global institutions, which he sees as favoring the West as G20 president. The United States will not be at the G20 meeting… Global reform continues.
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The United States says U*****e needs to come back to the table on critical minerals deal that recognizes the amount of aid the U.S. has provided the country. It all comes down to minerals, and the West is only now realizing how far behind it is compared to China. Mining…
Change is inevitable.
New GT conversation coming soon:
There is clearly a GLOBAL scramble for minerals.
Look at U*****e, Greenland and the United States’ position on Canada.
I spoke with one of the top gold mining executives in the world today…
He shared insights from recent meetings in Washington, reaffirming what many have…
— Gold Telegraph ⚡ (@GoldTelegraph_) February 19, 2025
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Japan’s inflation rate climbs to 4% in January… Highest in two years. The circus continues in Japan.
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Gold market cap crosses $20 trillion today. First time in history.
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BREAKING NEWS: BANK OF JAPAN GOVERNOR SAYS THE CENTRAL BANK STANDS READY TO INCREASE GOVERNMENT BOND BUYING IF LONG-TERM INTEREST RATES RISE SHARPLY
Don’t act surprised… This is what financial socialism looks like.
