Welcome to the New Normal

Gold Telegraph 
@GoldTelegraph

China to impose 34% retaliatory tariff on all goods imported from the United States. Global trade…

BREAKING NEWS: CHINA PLACED EXPORT RESTRICTIONS ON KEY RARE EARTH ELEMENTS

Here we go…

“Export controls cover all countries not just United States…”

BREAKING NEWS: POWELL SEES TARIFFS RAISING INFLATION AND SAYS THE FEDERAL RESERVE WILL WAIT BEFORE FURTHER RATE MOVES

This is getting very ugly.

“In a speech delivered before business journalists in Arlington, Va., Powell said the Fed faces a highly uncertain outlook…”

This market is n***y at the moment.

DOW DROPS 2,000 POINT

Look out.

Everyone’s talking about a gold sell-off… but it’s up 6% over the past 30 days. Narrative vs. reality.

BREAKING NEWS: GERMANY IS CONSIDERING REMOVING AN ENORMOUS STOCKPILE OF GOLD FROM A VAULT IN NEW YORK

Welcome to the new normal.

“Berlin may remove bullion from New York because of concerns Washington is no longer a reliable partner, according to reports…”

Countries understand the power of gold. Now they are understanding how difficult it is to bring home. Time to check on Fort Knox. Have a great weekend all.

“The Federal Reserve playing a role in eroding the strength of the private sector in favour of more government… that to me then is a slide towards something closer to socialism than capitalism.” – @judyshel

Judy brilliantly explained the Federal Reserve’s power, noting that there are no safeguards to protect the monetary integrity of the U.S. dollar from the Fed’s relentless pursuit of a 2% annual debasement.”

She was a previous economic advisor to the current President of the United States.

“The entire global trading system until Richard Nixon took us off was tied to gold.” – Scott Bessent, United States Secretary of the Treasury

The tune is starting to change…