Gold Telegraph
@GoldTelegraph
Countries have been reducing their dependence on US treasuries, such as China, to diversify into other assets, such as gold. China’s holdings are now at their lowest lowest since 2009. Now, the United States is warning Japan about manipulating its currency. Japan is the biggest foreign owner of US treasuries. Everyone should be watching how this plays out…
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Cobalt prices are surging today. Why? The market now realizes that Congo won’t be exporting cobalt out of the country for at least four months. When a country helps control the supply chain, the influence on the market is extreme. China understands this well.
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The United States Treasury Secretary says stablecoins will preserve dollar dominance. I have talked about stablecoins for years. There is nothing more stable than the power of gold. Watch this space closely.
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In only 1 year, The Canadian dollar has lost over 40% of its purchasing power against gold. Just wild…
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Market fragile. Hard assets strong.
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The trade war is now in full force. This will only push more countries to gold.
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“The day the Shanghai Gold Exchange surpasses the COMEX in transactions will mark a seismic shift—gold’s pricing power will move decisively from the West to the East. That moment is no longer a distant future—it is happening now.” – Pierre Lassonde
“The day the Shanghai Gold Exchange surpasses the COMEX in transactions will mark a seismic shift—gold’s pricing power will move decisively from the West to the East. That moment is no longer a distant future—it is happening now.”
– Pierre Lassonde
— Gold Telegraph ⚡ (@GoldTelegraph_) March 11, 2025
In my conversation with Pierre Lassonde, he highlighted that we are approaching a transformational moment in the gold industry as pricing power shifts from the West to the East.
Watch the full episode here:
GOLD TELEGRAPH CONVERSATIONS #2:
BILLIONAIRE PIERRE LASSONDE.“The gold price will ultimately be decided not in the United States, but in the East.” – Pierre Lassonde
Mining legend and tycoon Pierre Lassonde joins me for a compelling conversation, sharing insights and… pic.twitter.com/EssszZOg43
— Gold Telegraph ⚡ (@GoldTelegraph_) December 12, 2024
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If nations are frustrated by tariffs, many have a powerful solution: Leverage their mining industries. By strengthening domestic production, they can reduce dependence on others while supplying the world with essential resources. They can simply reroute trade to partners willing to collaborate.
Canada, a top 5 global producer of:
• Potash
• Uranium
• Aluminum
• Gold
• Platinum
Québec, Canada is home to world-class assets and is where the country’s largest mining company, Agnico Eagle, built its foundation.
Today, Agnico Eagle is the most valuable gold mining company in the world.
