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“Pieces Fitting Together” – Gold Telegraph X Posts for July 30, 2024

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Gold Telegraph 
@GoldTelegraph

Malaysia now wants to join BRICS.

Don’t forget that in late 2023, the country announced it would revisit the idea of using the gold dinar as a reserve currency.

I covered that extensively.

It’s interesting how the pieces are starting to fit together.

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Gold Telegraph 
@GoldTelegraph

Gold is one of the most feared assets in the West for a reason.

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While they may control its pricing. (for now)

They do not control where gold will travel.

If the East builds a system with a foundation set in gold, it insulates their economy from coercion.

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Gold Telegraph 
@GoldTelegraph

Filo, which owns one of the world’s largest undeveloped copper-gold projects, has been acquired for C$4.5 billion.

The buyers are Lundin Mining and BHP.

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Big news for the mining industry.

There are lots of moves starting to happen in copper.

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Gold Telegraph 
@GoldTelegraph

The entire world is watching Venezuela.

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

PRIVATE PURCHASES OF GOLD SURGED TO 329 TONNES IN THE THREE MONTHS TO JUNE, ALMOST FIVE TIMES HIGHER THAN THE PREVIOUS QUARTER

“Private purchases.”

Here we go…

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“Family offices and rich individuals likely to be behind record second quarter…”

Source: https://www.ft.com/content/a959c874-dd16-4e32-807e-78ff88d8fa7f

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Gold Telegraph 
@GoldTelegraph

In the recent quarter, gold demand reached 1,258 tonnes, the highest for April to June since records began in 2000.

Boom.

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

RUSSIA TO ALLOW CRYPTO PAYMENTS IN INTERNATIONAL TRADE TO COUNTER SANCTIONS

“The times are changing.”

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“Russia has faced significant delays in international payments with major trading partners such as China, India and the United Arab Emirates…”

Source: https://www.reuters.com/technology/russia-launch-international-payments-crypto-before-end-2024-2024-07-30/

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Gold Telegraph 
@GoldTelegraph

We are moving towards a world in which assets will become tokenized as trust breaks down.

We live in a world filled with rats, snakes and circus clowns.

This was expected.

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Gold Telegraph 
@GoldTelegraph

Gold back above $2400

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Gold Telegraph 
@GoldTelegraph

Zimbabwe’s gold-backed currency has doubled in use since its launch in early April.

The currency is now used in 30% of all transactions.

Things are getting interesting…

Let’s see what happens.

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