Gold Telegraph
@GoldTelegraph
BREAKING NEWS
THE GERMAN CENTRAL BANK SAYS THAT FUTURE PURCHASES OF GOVERNMENT BONDS BY THE EUROPEAN CENTRAL BANK SHOULD BE RESERVED FOR SPECIAL CASES.
You really can’t make this up.
Again, this is a tragic comedy.
“The extensive bond purchases contributed to price stability in an era of low inflation, but they were also associated with numerous side effects in financial markets…”
After decades of blowing massive asset bubbles, central bankers are now realizing how destructive QE is.
Brilliance, squared.
All this money printing can buy all these paper assets, yet these elements will remain in a deficit.
Do the math.
Gold back above $2660.
Strong.
Gold continues to prove it is a safe haven in periods of darkness.
Many pretend certain assets can mirror this quality, but they are simply storytellers who are not grounded in reality.
I will leave out who I am talking about.
BREAKING NEWS
SAUDI ARABIA’S MINING MINISTER DOESN’T SEE ANY BARRIERS PREVENTING DEALMAKING BY THE KINGDOM INTO CANADA’S MINING SECTOR
Here we go…
Saudi Arabia is hunting for #copper.
“Minister expects Saudi funds to buy stakes in Canada firms…”
Gold has overtaken the euro to become the world’s second-largest central bank reserve asset.
Gold is on the loose.
The world’s oldest form of wealth preservation, which cannot be weaponized and is a natural reserve asset globally, is shining.
Not a surprise…
