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Gold Telegraph
@GoldTelegraph
One of the great ironies of modern history.
President Richard Nixon told Judy Shelton: “I know very little about monetary policy.”
Think about that. The same president who closed the gold window in 1971 made one of the most consequential monetary decisions in human history. A decision that ended Bretton Woods, severed the dollar’s link to gold, and reshaped the global financial system. More than 50 years later, the world is still living with the consequences.
Watch the full film: https://youtube.com/watch?v=USGjSU5yXh8&t=113s
Nothing has changed. Gold is moving back into the centre of the monetary system. The majority follow the day-to-day price, which is fine. This global debt problem is a slow-moving train that needs to be addressed, and I bet that it will largely be dealt with through debasement…
The United States now carries over $39 trillion in debt, faces trillions in long-term liabilities, and depends on a monetary system that requires ever-growing debt and liquidity to function. And many are worried about gold? But what do I know… Numbers on numbers.
BREAKING NEWS: SINGAPORE BANK DBS TO OFFER TOKENIZED GOLD TO RETAIL CUSTOMERS
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Starting to add up…
“Each token is backed by one gram of physical gold held by DBS in a dedicated vault in Singapore…”
Goldman has increased its forecast for the copper deficit outside the United States from 60,000 tonnes to 640,000 tonnes. Ten times larger. In a market already struggling to find enough metal. The copper crunch is no longer a future problem. Not many are watching this…
Things always fall into place when you study the patterns of history. You just have to look.
BREAKING NEWS: SINGAPORE PLANS TO LAUNCH A GOLD-CLEARING SYSTEM THIS YEAR WITH BANKS INCLUDING JPMORGAN
The gold world continues to change…
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“The Singapore Exchange will establish the over-the-counter clearing mechanism…”
Source(s):
• https://x.com/GoldTelegraph_/status/2064380840809738357
• https://x.com/GoldTelegraph_/status/2064725458986414270
• https://x.com/GoldTelegraph_/status/2064800837990228145
• https://x.com/GoldTelegraph_/status/2065133417621283297
• https://x.com/GoldTelegraph_/status/2065911842514542881
• https://x.com/GoldTelegraph_/status/2066238826402746440
• https://x.com/GoldTelegraph_/status/2066389904171635177
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