DigitalGoldđź‘‘ retweeted
Central Banks Bought 23 Tonnes Of Gold In July zerohedge.com/precious-metal…
The grocery cart and the insurance bill are still climbing. Families with more room are still spending. Everyone else is putting items back.
That is two kitchens in the same country.
Same paycheck. Thinner cushion. Gold is insurance for that grind.
The new Fed chair just said prices are still the problem, and the last six months were worse, not better. The year ran at 3.7%. The last six months ran at 4.1%. More than half of what a family buys is still climbing over 3%.
Rent and the mortgage already feel it. He will not give you a date. If they get this wrong, the household pays. Prices that stay too high, or a job that feels less safe.
Gold is insurance you own. It is not a policy date. You keep it.
Ray Dalio just said the part they don’t want you to hear: “If you devalue the money, it makes everything appear to be going up.”
That’s not a booming economy! That’s a shrinking dollar making stocks, houses, and “gains” look better than they actually are.
Most people are celebrating the number on the screen while their purchasing power quietly dies.
Watch this. Then look at your portfolio in gold terms.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​💸
Prices for the things families actually buy were still 3.7% higher than last July. Same as June. The goal is 2%. We did not get 2%.
Families spent a little more. After prices, they did not buy more. Same groceries. Same car insurance. Bigger bill.
The average household is saving about 3 cents of every dollar. That is a thin cushion when the cost of living is still running near 4%.
If the next rent hike wipes out the spare cash, that is the story. Not the report.
Gold is insurance for that grind. You keep it✊
DigitalGoldđź‘‘ retweeted
If Gold had simply kept pace with US federal debt since its 1980 peak it would be $39,000.
We’re just getting this debt crisis started.
SHARE THIS WITH A NORMIE FRIEND.
DON’T SHARE IT WITH YOUR ENEMIES.
TELL THEM TO BUY THE AI IPOs.
DigitalGoldđź‘‘ retweeted
WE’RE NOT IN THE GOLDEN AGE (YET).
We’re in the late stages of The Paper Age.
See you at Gold $20,000.
DigitalGoldđź‘‘ retweeted
China’s central bank bought nearly 20 tonnes of gold in July. That's its BIGGEST monthly purchase since Oct. 2023. The Central Bank of China has now extended its gold-buying streak to 21 straight months.
BUY GOLD, WEAR DIAMONDS.
Are you paying attention yet🤔
DigitalGoldđź‘‘ retweeted
The US National Debt has increased by over $450 billion since July 1st.
The Federal Government continues to borrow from our future to spend money like drunken sailors today.
Everything they said about "balancing the budget" was a lie.
Video: youtube.com/watch?v=YXM9rR9y…
DigitalGoldđź‘‘ retweeted
Banks Will Need Bailouts Like 2008! Bubba Horwitz on the New Loan Scam + Gold $6,000
Watch now: youtu.be/cxnBhJD2kFw
#stock #gold #economy @DanielaCambone @Bubba_Trading
DigitalGoldđź‘‘ retweeted
China's imports of gold knocked 1.4-1.5 pp of its trade surplus in q2!
Net that out, and China's surplus is basically within shooting distance of its pre GFC highs as a share of China's GDP (it will be far bigger as a share of WGDP)
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