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Gold Telegraph: The Foundation is Shaking and the World is Waiting

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

GOLD NEW RECORD HIGH

8:55 AM · Aug 16, 2024

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Gold Telegraph 
@GoldTelegraph

The dollar is now at a record low.

Gold is the benchmark for all currencies around the world.

Why?

It is money.

9:42 AM · Aug 16, 2024

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Gold Telegraph 
@GoldTelegraph

Gold is hitting record highs against the world’s reserve currency.

The m--------------a:
Silence.

The West fears gold.

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Gold Telegraph 
@GoldTelegraph

I said a while back that the East will punch the West in the teeth with gold.

They will.

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It’s remarkable how the Western world fails to prioritize mining, not just among leaders but also among investors.

We need to mine more elements.

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS

SEVERAL CHINESE BANKS HAVE BEEN GIVEN NEW GOLD IMPORT QUOTAS FROM THE CENTRAL BANK

Hello.

“Strong Chinese buying was a key factor in bullion’s March-April rally and if demand picks up again, it could further boost prices…”

Source: https://www.reuters.com/markets/commodities/china-issues-new-gold-import-quotas-after-pause-sources-2024-08-16/

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Gold Telegraph 
@GoldTelegraph

Gold $2500.

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Gold Telegraph 
@GoldTelegraph

When is the Federal Reserve rate cut?

Somebody tell Janet Yellen about the gold price.

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Gold Telegraph 
@GoldTelegraph

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Hedge funds are starting to gravitate back to the Japanese carry trade.

This is peak financial comedy.

The clowns are playing loud.

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Gold Telegraph 
@GoldTelegraph

Gold is in beast mode right now.

Spot gold is now comfortably above $2500.

$2505.

The highest level in history.

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Gold Telegraph 
@GoldTelegraph

This week:

• Russia and China are discussing trading metals for direct goods.

• Several Chinese banks have been given new gold import quotas from the central bank.

Gold is starting to take the main stage in the international community.

The foundation is shaking…

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Gold Telegraph 
@GoldTelegraph

Yesterday, 53 years ago, the United States temporarily suspended the dollar’s convertibility to gold.

The world is still waiting.

Today, we witnessed history.

Interesting coincidence.

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