If you think this all ends with a balanced budget, decreasing federal debt, and low inflation, you are not paying attention. pic.twitter.com/SYjXkw1i9G
— James Lavish (@jameslavish) October 3, 2024
US banks made a $1 trillion from Federal Reserve’s 2.5 year era of high interest rates, an analysis of official data by the Financial Times has found.
This means our taxes dollars went straight to the money changers below while we got left with inflation. $JPM $GS $MS $C $BAC pic.twitter.com/3tKmZsgTg9
— Golden Coast (Cassandra) (@GregCrennan) October 3, 2024
In case you thought all #gold china is piling up would have ever been allowed to fill the deficit LME built up (and keeps hiding) in London 👇🏻 t.co/OeuoymX2rR
— JustDario 🏊♂️ (@DarioCpx) October 3, 2024
Central banks report modest demand for gold in August (WGC)
Central banks reported net purchases of 8t in August – the lowest since March
The National Bank of Poland was the leading buyer in the month, followed by the CB of Turkey and the Reserve Bank of India pic.twitter.com/pJrQkPVpHq
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) October 3, 2024
SWIFT to trial live digital currency transactions next year (Reuters)
Around 90% of the world's CBs are also testing CBDCs
"To successfully trade and settle a tokenised bond transaction, you need the cash and that's where a tokenised deposit or wholesale CBDC comes in"
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— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) October 3, 2024