Gold Telegraph: Gold is Definitely a Part of our Future
June 15, 2025
BREAKING NEWS: IRANIAN LAWMAKER SAYS CLOSURE OF KEY STRAIT OF HORMUZ UNDER CONSIDERATION
Wow.
The Strait of Hormuz moves 26% of the world’s oil. With everything going on today… Anyone watching energy markets should keep a close eye on this chokepoint.
“Iran is considering blocking the Hormuz Strait in the Persian Gulf, which sees more than 17 million barrels of oil pass through it every day…”
I have spent over a decade calling out economists because they rewrite the rules every time reality taps them on the shoulder. When problems bubble to the surface. They fade away into the dark.
The leader of the central bank in Greece said last week: “Nobody is happy about what’s going on in economic policy and trade policy in the US, but if it continues, I’m afraid the dollar will lose some of its status.” It is a new world…
When trust evaporates, gold reappears:
President Nixon “temporarily” suspended the gold standard in 1971 because the U.S. couldn’t cover foreign dollar claims. Today, The U.S. holds just over $800 billion in gold, which has NOT been audited, but owes over $7 trillion to foreign creditors. Just think about this for a second.
Sometimes, I think about the term ‘gold bug’ and how people mocked anyone serious about gold as crazy. Now, it’s the world’s second-largest reserve asset and a key piece on the geopolitical chessboard.
Today, with everything unfolding, it’s almost reckless not to pay attention to gold. The lesson… The things power mocks are usually the ones that threaten it most.
I have posted this before, but it’s worth highlighting again.
This is a gold ATM in China. It melts the gold and transfers the amount corresponding to its weight to your bank account. The future is calling.
“It’s either print money or don’t. It’s either rates down to zero or not. That’s how desperate we are now. I see bazooka money before I see a reset. I see massive fiscal spending, etc. Gold is definitely a part of the future.” — Matthew Piepenburg
Much has changed since my conversation with Matt. Gold is back near record highs as debt warnings grow louder and geopolitical crises spin further out of control.
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Notice even in the midst of all this military action with Iran next to you [Iraq], Saleh who is in charge of the Iraqi finances comes out first thing this morning and tells you, ‘We are secure and stable.‘ What was it that we needed in order for you to have a new exchange rate with lower note currency? …Security and stability…
Mnt Goat I try to bring you the progress of the monetary reforms, mostly following the plan to get back to FOREX…This is a huge effort for Iraq as it is right in the middle of a very volatile area of the world right now…Unfortunately, Iraq is a centuries old, major trading partner with Iran. So, I hope now you can see the uphill challenge facing Iraq when the U.S. wants to sanction Iran. It is hard to do. This RV plan we watch is the Dr Shabibi’s plan from 2011. I am told the plan is still in effect and moving ahead…This to me was “WOW!” news.
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US Economic Crash: $9 Trillion in Bond Maturities Trigger MASSIVE Defaults By September| L. McDonald
Lena Petrova: 6-14-2025
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