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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
TURKEY IS WORKING TOWARD TEAMING UP WITH CHINA TO PROCESS A DEPOSIT OF RARE EARTH ELEMENTS
Talk about awkward…
“Erdogan, Xi discussed cooperation in developing Turkey deposit…”
Turkey has expressed interest in joining BRICS and is now in discussions with China about collaborating to develop a rare earth deposit within the country.
Remember I said years ago the East will leverage commodities to combat a weaponized financial system?
It is playing out.
Gold is the bedrock of the monetary system.
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Elements weave the fabric that powers our world.
Many technocrats preach about first principles but dismiss and even disparage commodities, showing they don’t understand what they are discussing.
Japan is feeling the heat once again.
The Bank of Japan continues to threaten they will raise rates.
Quick reminder, the BOJ balance sheet exceeds Japan’s GDP.
We have only seen part 1 of the circus.
BREAKING NEWS
CHINA OFFERS AFRICA $51 BILLION IN FRESH FUNDING FOR MORE INFRASTRUCTURE INITIATIVES
This is significant.
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“Last year, China approved loans worth $4.61 billion to Africa, in the first annual increase since 2016…”
Source: https://www.reuters.com/world/china-deepen-industrial-agricultural-trade-investment-ties-with-africa-2024-09-05/
Russia will increase its gold purchases from 1.12 billion rubles per day to 8.2 billion rubles per day for the next month.
This is a big increase.
Wow…
Source(s):
https://x.com/GoldTelegraph_/status/1830985924462756306
https://x.com/GoldTelegraph_/status/1830987981299048462
https://x.com/GoldTelegraph_/status/1830994205889491403
https://x.com/GoldTelegraph_/status/1831147904024617015
https://x.com/GoldTelegraph_/status/1831560495683531231
https://x.com/GoldTelegraph_/status/1831563065617478106
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