Gold Telegraph: Gold is the Global Currency and Always will be
Thursday, 19 September 2024, 21:10 PM
Gold Telegraph @GoldTelegraph
Jerome Powell just said that the Federal Reserve is not declaring victory on inflation.
He just cut rates 50 basis points.
BRICS countries are beginning to prepare restrictions on the export of key commodities.
Hold on tight…
Hard assets are having a big day.
Silver is back above $31.
Janet Yellen says the 50 basis point rate cut yesterday is a very positive sign for the American economy.
Move over @billburr, here comes Janet for the comedy circuit.
Go gold.
Gold is the global currency.
It always will be.
Keep this in mind as the world continues to divide and debt spirals further out of control.
Copper hits a 2-month high.
The glue of the entire economy.
You are not watching gold surge.
You are watching the dollar get debased.
The dollar has lost over 30% of its purchasing power against gold in the past year.
This point is captured here:
Things the media doesn’t show you. You can’t fight time.
Japan CPI inflation hits a 10-month high.
The pressure is on…
Source(s):
https://x.com/GoldTelegraph_/status/1836484698572292425
https://x.com/GoldTelegraph_/status/1836748559477080351
https://x.com/GoldTelegraph_/status/1836808766442156154
https://x.com/GoldTelegraph_/status/1836831115744567760
https://x.com/GoldTelegraph_/status/1836832497650237747
https://x.com/GoldTelegraph_/status/1836916168466256388
https://x.com/GoldTelegraph_/status/1836916634084159770
https://x.com/GoldTelegraph_/status/1836926697205006631
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:They’re going to the streets with Sadr on the 25th. We will hit the streets in millions. We do this weekly until we are paid, starting on the 25th. Sadr has organized this and we will back him for our constitutional rights. FRANK: Sadr is a good leader. He will not do anything violent. Make sure you don’t protest because you will retard the whole monetary process for you. FIREFLY: We know there’s got to be a new rate coming and we going to help speed this up… [NOTE: Stay tuned for FIREFLY protest update later today.]
Mnt Goat …Most already tell us Iraq is filthy rich and they are…Right now the Kuwaiti dinar is one of the highest valued currencies in the world…If you proportionately look at Iraq and compare its ability to generate wealth it can far out produce Kuwait. Why then is the KWD at $3+ and the IQD at about $.006?
They Have Created A BUBBLE THEY CANNOT FIX (CREDITORS Are NOW Going After Each Other)
Lynette Zang: 9-19-2024
Today we are talking about creditor on creditor violence, what it means, and how these creditors will protect themselves at your expense and you don’t even know it…
https://www.youtube-nocookie.com/embed/1CM6qYuTUCw?feature=oembed&enablejsapi=1
Prof Steve Hanke: This Is WHY The Economy Suddenly Got WORSE..
Financial Wisdom: 9-20-2024
In his latest interview, Prof. Steve Hanke criticizes the Federal Reserve for focusing too much on day-to-day economic data and interest rates while ignoring the contracting money supply, which he believes is leading to a recession.
He argues that the Fed’s approach of “data dependency” is flawed and that they should instead use monetarist models, like the quantity theory of money, to forecast inflation and economic trends.
https://www.youtube-nocookie.com/embed/YfbnZUSejWc?feature=oembed&enablejsapi=1
