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Gold Telegraph: Most Hated Asset on the Planet

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

GHANA OPENED ITS FIRST COMMERCIAL GOLD REFINERY IN WHICH THE GOVERNMENT OWNS A 20% STAKE

Africa’s top gold producer.

Noted.

“With the ability to refine our gold, we will be able to sell it at the appropriate price, enabling us to retain its economic value within our borders…”

Source: https://www.reuters.com/markets/commodities/ghana-opens-first-gold-refinery-after-centuries-mining-2024-08-08/

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Gold Telegraph 
@GoldTelegraph

Gold is back above $2450 in USD terms.

Nearing record highs once again.

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Gold Telegraph 
@GoldTelegraph

The share of U.S. dollar in global foreign currency reserves:

Early 2000s: Over 70%

Today: 58.9%

This represents a historic low.

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Gold Telegraph 
@GoldTelegraph

Welcome to the era of gold.

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Gold Telegraph 
@GoldTelegraph

Gold is the OG.

It just will not die.

It thrives in chaos.

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Gold Telegraph 
@GoldTelegraph

Say when @joerogan.

Why don’t we talk about the most hated asset on the planet in the west as it hits a new record high?

Why don’t we talk about how America defaulted in the 1930s?

Would be fun.

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Gold Telegraph 
@GoldTelegraph

The CEO of Barrick Gold, the world’s second-largest gold producer, says the company is continuously looking for investment opportunities in Canada.

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Canada is home to some world-class deposits and is a great place to operate.

Jurisdictional risk is very real in this environment.

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Gold Telegraph 
@GoldTelegraph

Gold is now over $2470

Fiat currencies worldwide are rapidly being debased as global tensions escalate.

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Gold Telegraph 
@GoldTelegraph

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BREAKING NEWS

GOLD HAS THE HIGHEST DAILY CLOSE IN HISTORY

There it is.

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

JAPAN’S PARLIAMENT PLANS TO HOLD A SPECIAL SESSION ON AUG. 23 TO DISCUSS THE CENTRAL BANK’S DECISION LAST MONTH TO RAISE INTEREST RATES

You just can’t make this up anymore.

“The special session is likely to ask Bank of Japan Governor Kazuo Ueda to attend…”

Source: https://www.reuters.com/markets/asia/japans-parliament-hold-aug-23-special-session-boj-rate-hike-sources-say-2024-08-13/

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

REAL ESTATE INSOLVENCIES IN CANADA SET TO SURPASS LEVELS OF GLOBAL FINANCIAL CRISIS

Not many people are talking about this.

Yikes…

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