Goldilocks’ Comments and Global Economic News Tuesday AM September 26th
Good morning Dinar Recaps,
Tanzania has started buying LOCAL #gold to bolster its foreign exchange reserves.
More and more countries are starting to do this.
Expect this to continue.
Read: https://x.com/goldtelegraph_/status/1706460993067651173?s=46
SILVER WARNING: SILVER SQUEEZE Is On Its Way – Andy Schectman
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45% of US student loan borrowers expect to go delinquent when payments resume next month
Multipolar Market on X
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Starting the crash
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BIS Warning:
“the current build-up of leveraged short positions in US Treasury futures is a financial vulnerability worth monitoring because of the margin spirals it could potentially trigger.”
👆 Liquidity issues are beginning to show up.
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UK banks/Basel 3.1: locals rule on international regulation | Financial Times
https://www.ft.com/content/92635e40-917d-4e63-8c82-5bf715bea2bc
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CBI Announcement:
Starting 2024: All dealings restricted to local currency in Iraq.
https://www.albawaba.com/business/starting-2024-all-dealings-restricted-local-currency-iraq-1535414
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“The $39 billion iShares 20+ Year Treasury Bond ETF (ticker TLT) has lost 48% from its 2020 all-time high and is trading at its lowest point since 2011, according to data compiled by Bloomberg.”
https://www.bloomberg.com/news/articles/2023-09-25/long-treasury-etf-tlt-plunges-record-48-as-market-meltdown-worsens
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