Gold Telegraph: The World has Quietly Lived through a Monetary Revolution
5-2-2025
Over the past 55 years, the world has quietly lived through a monetary revolution.
What began in 1971 as a “temporary” suspension of the dollar’s convertibility into gold, declared by President Nixon… became a permanent departure from Bretton Woods, replacing gold-backed stability with a floating fiat experiment tied to oil:
The petrodollar.
It was never meant to last.
Even Paul Volcker, who helped design the suspension, believed it would be short-lived.
Instead, it became the foundation of today’s system… a system that has fueled an unprecedented explosion of global debt and left nations at the mercy of a currency no longer anchored to anything real.
We’re living inside a monetary experiment… and history shows these always end the same way.
People know my position, I have been clear about it for years.
But a new article is on the way, unpacking Scott Bessent’s latest comments and the shifting role of the petrodollar.
The U.S. dollar is the current anchor of the international monetary system.
But think about this:
Nations are propping up a currency that holds immense privilege, yet that anchor has become a weapon.
It can freeze your sovereign assets, crush your economy, and finance itself through unlimited money printing… all while sitting on a mountain of record-breaking debt.
Do you think the majority of nations are happy about this?
The United States Treasury Secretary says bond yields are signaling it’s time for the Federal Reserve to cut rates. This is getting very entertaining.
BREAKING NEWS: JAPAN’S FINANCE MINISTER SAID THAT THE COUNTRY’S US TREASURY HOLDINGS COULD BE A CARD IN ITS TRADE NEGOTIATIONS
Boom. There it is… Nobody should act surprised.
“It does exist as a card, said Kato, speaking on a TV Tokyo program Friday. Whether or not we use that card is a different decision…”
Former Treasury Secretary and Fed Chair Janet Yellen has joined the advisory board of a climate-focused venture capital firm. You can’t make this stuff up. The jokes write themselves.
The largest foreign holder of U.S. Treasuries just signalled it might weaponize its $1 trillion stockpile in trade talks. This is a big warning s**t. This should be the day’s biggest story, but many are just glossing over it.
Source(s):
https://x.com/GoldTelegraph_/status/1918046910482620473
https://x.com/GoldTelegraph_/status/1918050360381563342
https://x.com/GoldTelegraph_/status/1918056427849171155
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says Alaq is the man. He was brought back to Iraq to run the CBI…And he was brought back to control the rate. He worked with Shabibi before his health went bad. Alaq knows the plan… FRANK: Thank you Mr. Sammy. I’m going to give in because you guys are there. He will release the new exchange rate therefore he’s in control but he will release it when it is given to him. FIREFLY: …That’s why they [Parliament] have tried for so long to get Alaq out of his job. They know he’s working on changing the rate.
Militia Man What we have seen so far in the news is…all positive, nothing that’s considered to be worrisome as far as I can see. The tone from Washington has been positive. They’ve been talking about support…for Iraq’s monetary reforms by the largest financial institutions in the world – United States Treasury, Federal Reserve, International Monetary Fund, World Bank, IFC. The focus has been about security, stability, sustainability, partnerships with the public and private sectors, investment opportunities…
1st July – Gold Liberation Day – LFTV Ep 221
Kinesis Money: 5-2-2025
In this week’s Live from the Vault, Andrew Maguire breaks down gold’s recent sharp rise and fall, exposing how short-term volatility is engineered through unbacked US paper markets — now facing a reckoning as Basel III enforcement draws near.
As China steps up physical gold acquisition and global FX markets eclipse COMEX in both credibility and scale, July’s compliance deadline threatens to shift gold’s pricing power eastward, marking a structural break from Western dominance.
Timestamps:
00:00 Start
00:43 Andrew unpacks gold’s round trip and the 1st July Basel III deadline
14:05 Gold charts: Andrew’s short-term outlook and market direction
25:05 Why COMEX is rapidly losing control over gold price setting
29:48 China’s open gold strategy & Trump: who has the gold makes the rules!
36:30 Bullish signals in gold and silver – what’s driving sentiment?
https://www.youtube-nocookie.com/embed/CNNNmKydlQU?feature=oembed&enablejsapi=1
