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Gold Telegraph: This is What Desperation Looks Like

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Gold Telegraph 
@GoldTelegraph

Turkey aims to become full member of Shanghai Cooperation Organization I reported on this two years ago. Now official.

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

FRANCE’S NATIONAL AUDITOR HAS SOUNDED THE ALARM ABOUT WORRYING BUDGET DEFICITS AND PUBLIC DEBT

The national auditor.

Nothing to see here.

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Gold Telegraph 
@GoldTelegraph

“Eurozone’s second-largest economy is dangerously exposed to new crisis after failing to control deficits and debt…”

Source: https://www.ft.com/content/1d41857d-8d6d-4e0a-a44b-fc6fcce5650f

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Gold Telegraph 
@GoldTelegraph

Ethiopian parliament speaker says most African countries are interested in joining BRICS.

Boom.

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The points are starting to connect.

Moves are being made across Africa regarding gold…

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

THE UNITED STATES HAS APPROACHED INDONESIA FOR MULTINATIONAL CRITICAL MINERAL PARTNERSHIP

The West is now scrambling to secure minerals.

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Gold Telegraph 
@GoldTelegraph

“Indonesia, which has rich reserves of minerals such as nickel, copper and bauxite…”

Source: https://www.reuters.com/markets/commodities/us-approaches-indonesia-multinational-critical-mineral-partnership-2024-07-15/

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

THE EUROPEAN CENTRAL BANK IS SET TO DELAY THE OUTCOME OF A LARGE-SCALE INVESTIGATION INTO HIGH-RISK LOANS FROM BANKS

Nobody should be surprised.

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Gold Telegraph 
@GoldTelegraph

“The ECB will likely hold off from relaying the final results of the leveraged-finance review to lenders until at least September…”

Source: https://www.bloomberg.com/news/articles/2024-07-15/ecb-is-set-to-delay-findings-of-leveraged-loans-probe-after-backlash-from-banks

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Gold Telegraph 
@GoldTelegraph

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People are surprised that a central bank would delay the findings from an investigation into high-risk loans from banks after keeping interest rates at zero for years.

Maybe the staff at the ECB are starting to stare in the mirror.

Who enabled these high-risk loans?

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Gold Telegraph 
@GoldTelegraph

How often do you see m--------------a challenging central banks?

Almost never.

Unelected individuals control a system that affects everyone’s lives, yet most people don’t even know who they are.

It is by design.

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Gold Telegraph 
@GoldTelegraph

The media stays compliant for exclusive access.

Bankers stay compliant to wield influence.

Central bankers stay compliant to secure lucrative Wall Street jobs post-tenure.

Rinse and repeat.

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Gold Telegraph 
@GoldTelegraph

It is getting sad in Japan.

Japan is warning that the country is ready to take all possible measures in the currency market.

This is what desperation looks like.

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