Why we are in the Middle of a Monetary Reset

on December 16, 2024

Gold Telegraph 
@GoldTelegraph

A record 54 countries are spending more than 10% of their revenues on interest payments. This is why we are in the middle of a monetary reset. The global debt problem is becoming very clear for all to see.

The London Stock Exchange is on course for its WORST year for departures since the financial crisis. Nothing to see here. The UK…

Argentina’s deficit has reached effectively ZERO for the first time in over 100 years.

“You don’t get out of poverty by magic. You get out of poverty with capitalism, savings and hard work.” –@JMilei

In the past month, which states in the United States are working to reintroduce gold and silver as legal tender?

1. Texas.
2. Florida.
3. Missouri.

This has all happened in the past month. You don’t hear much about it in the mainstream.

In my conversation with legendary mining entrepreneur Pierre Lessonde, he mentioned that global gold reserves are rising as dollar reserves decline—a direct response to the current U.S. debt issues.

It is worth noting, This year, gold surpassed the euro to become the second most-held asset by central banks globally.

Pierre also emphasized the impact of sanctions, the growing demand for gold from China and India’s expanding middle class, and much more.

Watch the full conversation, here:

China REPORTED gold buying last month after a 6-month pause—a clear message to the United States.

#1 producer of gold on the planet.
#1 consumer of gold on the planet.
#2 largest foreign holder of U.S. Treasury securities

Chinese authorities are reportedly considering a weaker yuan in 2025 to combat tariffs by the United States.

Gold is clearly a hedge against its paper currency.

China’s President Xi Jinping has publicly advocated reforming the international financial and monetary systems.

Gold will play a big part like it always has throughout history.

It is the foundation of the global financial system.

“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…”

Watch:

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