Gold Telegraph
@GoldTelegraph
The International Monetary Fund says the world economic order is undergoing a major reset. There you have it.
BREAKING NEWS: TRADING HOUSE MERCURIA IS WARNING THAT CHINA’S COPPER STOCKPILES COULD PLUNGE TO ZERO WITHIN MONTHS, TRIGGERING ONE OF THE MOST SEVERE TIGHTENING SHOCKS IN MARKET HISTORY.
The glue of the economy… Watch closely.
“Market suffers one of greatest tightening shocks in its history as traders race to get ahead of potential levies…”
Global economy is starting to slow down. All eyes are on stagflation.
Chinese investors bought 23 tonnes of gold in the first quarter, pouring a RECORD $2.3 billion into gold ETFs. China continues to stockpile.
BREAKING NEWS: JAPAN, CHINA, SOUTH KOREA AND ASEAN COUNTRIES ARE EXPECTED TO EXPAND THEIR EMERGENCY CURRENCY SWAP PROGRAMME AS EARLY AS THIS MONTH
The trend…
“A currency swap arrangement known as the Chiang Mai Initiative, created after the 1997-98 Asian financial crisis, exists to support regional financial stability…”
People say gold is crashing…
But here’s the reality:
Gold vs. the U.S. dollar:
Past 30 days: +6%
Past 6 months: +20%
Past 1 year: +43%
Narrative vs. Reality.
There are so many incredible opportunities out there.
The world’s top borrower looks to ramp up buying its own government debt. The US Treasury is looking for “enhancements” to its buybacks of older government bonds. Between the Federal Reserve and the Treasury, the buyer of last resort is now… both. “Everything is fine.”
BREAKING NEWS: GHANA HAS REACHED A DEAL WITH NINE MORE MINING COMPANIES TO PURCHASE 20% OF THEIR GOLD PRODUCTION
This is Africa’s largest gold-producing country. More and more countries are turning to gold to help stabilize their currency.
“The mining companies will receive payment in Ghanaian cedis, discounted at one percent of the London Bullion Market Association (LBMA) spot price…”
BREAKING NEWS: BILLIONAIRE ELON MUSK IS CONSIDERING SENDING HIS GOVERNMENT EFFICIENCY TEAM TO THE FEDERAL RESERVE
Great news. @elonmusk What about the livestream of Fort Knox?
“Citing a costly renovation of the central bank’s Washington DC headquarters as an example of potential government waste…”
