Gold Telegraph
@GoldTelegraph
Gold.
New record high.
$2525.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
ZIMBABWEANS ARE USING THE NATION’S GOLD-BACKED CURRENCY FOR 40% OF PAYMENTS COMPARED WITH 20% WHEN IT FIRST STARTED
Interesting…
“The government uses ZiG for 80% of trade, secretary says…”
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Gold Telegraph
@GoldTelegraph
People in the Western world are starting to wake up to gold.
They are waking up as gold is at record highs.
Classic.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
S&P GLOBAL RATINGS SAY A DEEPENING OF ECONOMIC RELATIONS BETWEEN CHINA AND SAUDI ARABIA WILL ADVANCE THE USE OF THE YUAN FOR OIL PURCHASES
Boom.
Things are starting to come together…
“With more trade and projects planned between China and Saudi Arabia, S&P Global Ratings says, use of the yuan is likely to go up in turn…”
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Gold Telegraph
@GoldTelegraph
The day the United States loses its grip on oil transactions priced in dollars, its leadership will start to sweat.
The petrodollar solidified the hegemony in the 1970s. The day that changes is when power structures change.
We are starting to see powerful new partnerships emerge.
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Gold Telegraph
@GoldTelegraph
China and the United States now have a direct communication line specifically for times of financial stress.
Why now?
Tensions are running high, which makes the timing interesting.
How about China importing, producing and buying endless amounts of gold and selling US debt?
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Gold Telegraph
@GoldTelegraph
The Federal Reserve will soon start cutting rates with gold at RECORD highs.