Gold Telegraph

nrealized Losses: The Financial Pig in the Details Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich. - James Grant Many mainstream journalists claim unrealized losses from long-dated bonds on commercial bank books are insignificant. However, consider the collapse of Silicon Valley Bank early last year. Its extensive portfolio of long-dated bonds lost value as interest rates surged, leading to a run on the bank. Billionaires were pleading for a bailout, and they ultimately received one. Instead of allowing the system to cleanse itself, we witnessed the usual response: Mistakes got erased by a financial bailout. Fast forward to now… Read the full article: https://x.com/goldtelegraph_/status/1804636913724494045?s=46

Be a good person. Karma is real. Read: https://x.com/goldtelegraph_/status/1804583002652942708?s=46

The United States has manipulated interest rates for years and is now monitoring other nations for currency manipulation while exporting inflation to them. “The system is fine.” What a time to be alive for this madness. Read: https://x.com/goldtelegraph_/status/1804380801917735111?s=46

Canada has zero gold. The country is dealing with a big capital gains hike. Canadians are drowning in debt. No Canadian team has won a Stanley Cup in over 30 years. WE NEED SOMETHING. 🇨🇦 Read: https://x.com/goldtelegraph_/status/1804353709956305382?s=46

Why does Saudi Arabia use the dollar in energy trade? In the 1970s, Washington promised to supply military equipment to Saudi Arabia and safeguard its national security. They are now walking a careful path of diplomacy. The dollar is backed by violence. Read: https://x.com/goldtelegraph_/status/1804277907537432847?s=46

Zimbabwe wants to become a BRICS country. They just rolled out a gold-backed currency… Things that makes you hmmmm Read: https://x.com/goldtelegraph_/status/1803485789877383246?s=46

BREAKING NEWS JAPANESE NORINCHUKIN BANK PLANS TO SELL ROUGHLY $63 BILLION IN US AND EUROPEAN SOVEREIGN BONDS TO STEM LOSSES FROM WRONG-WAY BETS ON INTEREST RATES Japan. Here we go… Read: https://x.com/goldtelegraph_/status/1803198268186489073?s=46

“It is not personal; it is just business.” If a partner ever says that you… Remember, They are not a partner. They are something else and never forget it. Read: https://x.com/goldtelegraph_/status/1803118939008049618?s=46

If you want to bankrupt a person? Give them leverage. If you want to bankrupt a country? Give them a printing press. If you want to destroy a culture? Suffocate it with fakeness. Read: https://x.com/goldtelegraph_/status/1802874269967503733?s=46

According to its Prime Minister, Malaysia has decided to apply for BRICS membership. The country is also revisiting the use of the gold dinar as a reserve currency. Are points slowly starting to connect? Read: https://x.com/goldtelegraph_/status/1802844549464940595?s=46