Gold Telegraph
@GoldTelegraph
One of the most overlooked moves this week: China’s central bank is investing in the internationalization of the Shanghai Gold Exchange. A war is playing out in the gold market, and it’s about pricing power. Buckle up.
The U.S. dollar index is down nearly 9%, on track for its worst start to the year since 1973 when currencies were cut loose from gold and began to float freely. In other words, the last monetary reset. The signs are everywhere.
BREAKING NEWS: A TOP CONTENDER TO REPLACE JAY POWELL HAS BLAMED THE FEDERAL RESERVE FOR “SYSTEMATIC ERRORS” AND MISHANDLING THE MOST SEVERE INFLATION CRISIS IN DECADES.
Change is in the air.
“Since the panic of 2008, central bank dominance has become a new feature of American governance…”
Source: https://www.ft.com/content/1ff8ca87-3d3a-40c9-abed-a32cc795df74
The next Federal Reserve chair must rebuild what’s been lost. Restoring the monetary integrity of the United States. @judyshel
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For years, I’ve warned about the “buy now, pay later” trap. It’s a disgrace that so many rely on this financing to survive. Now, Americans are using it to pay for groceries. Very sad…
I said this 2 years ago: “More and more countries are either ignoring or starting to disrespect the IMF publicly…”
This week: The United States said it would pursue a significant overhaul of the International Monetary Fund.
The Spotlight is on the IMF. 🔦
— Gold Telegraph ⚡ (@GoldTelegraph_) May 15, 2023
Despite a warning from the International Monetary Fund, the Reserve Bank of Zimbabwe has successfully sold millions of gold-backed crypto tokens.
Iran and Russia have also expressed interest in creating a new stablecoin backed by gold for trade.… pic.twitter.com/53SfFyJElz
A leading pick to replace Jerome Powell says the Federal Reserve is due for nothing less than a complete “strategic reset.” About time… Only at the Federal Reserve could they believe that buying trillions in unwanted assets would end well.
The President of Colombia just called out the International Monetary Fund. Referencing them as “vampires.” The trend continues…
Source(s):
https://x.com/GoldTelegraph_/status/1915567823981887929
https://x.com/GoldTelegraph_/status/1915810384281293241
https://x.com/GoldTelegraph_/status/1915939015666057707
https://x.com/GoldTelegraph_/status/1915946332608729368
https://x.com/GoldTelegraph_/status/1916193211048984732
https://x.com/GoldTelegraph_/status/1916596226809872817
https://x.com/GoldTelegraph_/status/1916600069689917589
https://x.com/GoldTelegraph_/status/1916607580463632789
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