Gold Telegraph
@GoldTelegraph
China is preparing to inject $142 billion of capital into the country’s top banks.
This would be the first intervention since the 2008 financial crisis.
This is massive news.
Gold is at record highs in most fiat currencies worldwide for a reason.
Global debt crisis.
The entire world is now watching gold.
History repeats.
BREAKING NEWS
ANOTHER NEW RECORD HIGH FOR GOLD IN US DOLLAR TERMS.
More history.
I said this over 3 years ago when everyone was claiming inflation was transitory, and I will repeat it:
You need to watch the price of commodities to understand the future of inflation.
Central banks around the world are watching these moves closely but likely feel trapped.
BREAKING NEWS
CHINA TO ISSUE $284 BILLION OF SOVEREIGN DEBT THIS YEAR TO HELP REVIVE ECONOMY
$284 billion.
This is going to get wild.
“The planned fiscal expansion is the latest attempt by Chinese policymakers to revive an economy grappling with deflationary pressures…”
