Gold Telegraph
@GoldTelegraph
The new Japanese Prime Minister says he wants to coordinate with the Bank of Japan on the economy and that we are NOT in the environment for an additional rate hike.
Just wow.
The world now realizes how big of a circus this is becoming…
BREAKING NEWS
THE BANK OF ENGLAND IS WARNING THAT GLOBAL ASSET PRICES REMAIN STRETCHED AND ARE VULNERABLE TO A BIG FALL
The movie continues.
Surprised?
“Global vulnerabilities remain material, as does uncertainty around the geopolitical environment and global outlook…”
The Bank of England is warning about a global asset bubble after implementing QE, which helped create inflation and asset bubbles.
What is the final punchline?
Taxpayers in the UK are on the hook for BILLIONS for QE.
Comedians would have a heyday if they understood this stuff.
BREAKING NEWS
TANZANIA’S CENTRAL BANK SAID IT WILL BUY GOLD AT MARKET PRICES FROM MINERS WHO WERE ORDERED LAST WEEK TO SELL AT LEAST 20% OF THE GOLD THEY HOLD TO HELP DIVERSIFY ITS RESERVES
My prediction from years ago was hit right on the button.
Watch this trend.
“Miners were ordered to sell 20% of their gold to central bank…”
Sales of gold at Costco were up double digits in the most recent quarter.
Costco sells $100 million to $200 million in gold bars monthly.
Today?
Costco has announced they will start selling Platinum.
Groceries and hard assets.
That is quite the combination.
