Gold Telegraph
@GoldTelegraph
Gold on track for best week in 1 year.
History, clues. Gold is always in that book.
Former Fed Chair Alan Greenspan in 1998:
“Central banks stand ready to lease gold in increasing quantities should the price rise.”
I will slowly reveal how central banks have influenced the gold price.
For years, I have said: Central banks FEAR gold.
Change is in the air.
BREAKING NEWS: U.S. FEDERAL RESERVE ANNOUNCES POLICY FRAMEWORK REVIEW
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Powell says he is open to new ideas. Is he referring to new ideas other than flooding the system with money?
“Central bank’s current framework was approved in 2020…”
Source: https://www.reuters.com/markets/us/fed-announces-policy-framework-review-sets-conference-may-15-16-2024-11-22/
BREAKING NEWS: TEXAS PROPOSES GOLD AND SILVER-BACKED CURRENCIES TO COMPETE WITH FIAT MONEY
Now we are talking…
“Gold and silver-backed currency would be redeemable in specie or at the spot price of gold in U.S. dollars minus applicable fees…”
Source: https://www.kitco.com/news/article/2024-11-22/texas-proposes-gold-and-silver-backed-currencies-compete-fiat-money
The United States has an opportunity to restore the integrity of its monetary system by utilizing its gold reserves to anchor stability.
If this is radical, the Founding Fathers must be smiling—gold is enshrined in the Constitution as money.
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Proposal for a 50-year Treasury bond convertible into gold issued at the initiative of President Trump on July 4, 2026. pic.twitter.com/vXVy0SnIq6
— Judy Shelton (@judyshel) November 22, 2024
Source(s):
https://x.com/GoldTelegraph_/status/1859977869147173146
https://x.com/GoldTelegraph_/status/1860026973730574435
https://x.com/GoldTelegraph_/status/1860029378727706880
https://x.com/GoldTelegraph_/status/1860044329840181575
https://x.com/GoldTelegraph_/status/1860044701287805069
https://x.com/GoldTelegraph_/status/1860059682808955169
https://x.com/GoldTelegraph_/status/1860061602202157518
https://x.com/GoldTelegraph_/status/1860092508052853065
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