Advertisement


______________________________________________________

Gold Telegraph: Gold is a Major Chess Piece

0
458
Advertisement

______________________________________________________

Gold Telegraph 
@GoldTelegraph

China is creating a fund to rescue financial companies and prevent them from collapsing.

The debt problems are global.

Gold is a major chess piece for China.

=======================================

Gold Telegraph 
@GoldTelegraph

Last year, $2.3 billion of capital from Middle Eastern sovereign wealth funds flowed into China, a significant increase from around $100 million in 2022.

______________________________________________________

Advertisement

______________________________________________________

Watch this trend closely…

=======================================

Gold Telegraph 
@GoldTelegraph

Watch the US Treasury market.

• Total deficits in the United States are projected to equal or exceed 5.5% of GDP annually from 2024 to 2034.

• We are seeing countries divest and accumulate more gold to protect themselves from potential confiscation or asset freezing in the West.

______________________________________________________

Advertisement

______________________________________________________

• The United States Treasury launched a buyback program last month to provide market participants with a regular opportunity to sell off-the-run securities back to the Treasury. This is the first time they have done a buyback in decades.

Japan’s ongoing warning of a potential currency intervention is a factor that could significantly impact the demand for American debt. As the largest holder of US Treasuries, any action by Japan could have far-reaching implications.

• The size of the Treasury market has quintupled since the financial crisis

• Longer-dated Treasury auctions are at record sizes at some maturities

When liquidity becomes an issue, the Federal Reserve steps in to stabilize the situation, as it did in 2020.

However,

Central banks worldwide have been dealing with the consequences of their aggressive QE programs for years, with losses piling up.

There is a big reason why central banks continue to be net buyers of gold… it is evident:

They don’t want counterparty risk.

______________________________________________________

Advertisement

______________________________________________________

=======================================

Gold Telegraph 
@GoldTelegraph

Japan’s top currency official says that authorities are ready to intervene.

The clown show continues…

=======================================

Gold Telegraph 
@GoldTelegraph

BREAKING

NEWS JAPAN’S TOP CURRENCY OFFICIAL WARNED THAT AUTHORITIES STAND READY TO INTERVENE IN CURRENCY MARKETS 24 HOURS A DAY IF NECESSARY.

What a time to be alive.

______________________________________________________

Advertisement

______________________________________________________

“24 hours a day”

=======================================

Gold Telegraph 
@GoldTelegraph

“If there are excessive currency fluctuations, it has a negative impact on the national economy…”

Source: https://www.bloomberg.com/news/articles/2024-06-23/japan-s-kanda-says-ready-to-intervene-24-hours-a-day-if-needed-lxs5zzqw

______________________________________________________

If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.

Copyright © Dinar Chronicles

Advertisement


______________________________________________________