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Gold Telegraph: Major Gold Producers are Focusing on Acquisitions

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Gold Telegraph 
@GoldTelegraph

BREAKING NEWS: FEDERAL RESERVE TO SHRINK STAFF BY ABOUT 10% OVER NEXT SEVERAL YEARS

Am I dreaming?

“Fed Chair Jerome Powell informed staff of the move on Friday in a memo…”

Source: https://www.bloomberg.com/news/articles/2025-05-16/fed-said-to-shrink-staff-by-about-10-over-next-several-years

BREAKING NEWS: MOODY’S DOWNGRADES UNITED STATES CREDIT RATING ON INCREASE IN GOVERNMENT DEBT

Gold…

“The U.S. is running a massive budget deficit as interest costs for Treasury debt continued to rise…”

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Source: https://www.cnbc.com/2025/05/16/moodys-downgrades-united-states-credit-rating-on-increase-in-government-debt.html

China slashed its U.S. Treasury holdings in March. The UK is now the second-largest holder. The trend is very real. China is selling Treasuries and buying gold.

They say gold is boring. But I will take boring over watching the global debt market audition for a disaster movie. The script is still being written.

A top Chinese gold producer is quietly looking all over the globe… Looking to acquire real ounces while the world drowns in debt and digits. Major gold producers are focusing on acquisitions as they race to lock in ounces and replenish reserves. Only a matter of time…

Source(s):
https://x.com/GoldTelegraph_/status/1923439962738807292
https://x.com/GoldTelegraph_/status/1923487618462892266
https://x.com/GoldTelegraph_/status/1923537377886110074
https://x.com/GoldTelegraph_/status/1923811618632220945
https://x.com/GoldTelegraph_/status/1923829030647640325

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