China dumps $50B US bonds, buys $25B gold annually; reserves flip by 2026. Gold re-emerges in global finance.

China sold $50B of US bonds last quarter.Officially, they buy $25B of gold per year.At that rate, they’ll flip reserves by 2026.They will hold more gold than Treasuries. https://t.co/lZ8D253KoL — Balaji (@balajis) June 2, 2024 Chinese state media is explicit about their goal: reduce dependence on US debt and acquire …

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Global Disinflation trend is ending..

Global Disinflation trend is ending.. It was never going to last forever, but it does mean Rate Cuts are going to be a harder sell. pic.twitter.com/7bhrPjuI3l — Callum Thomas (@Callum_Thomas) May 30, 2024 If the rate of inflation stays high (above target) or the pace of disinflation disappoints vs the …

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Unprecedented US fiscal stimulus with massive deficit, financed via short-term issuance…. Gold’s rising global reserve status challenges fiat currencies

It's hard to understate just how unprecedented the scale of US fiscal stimulus is at the moment. Not only is the deficit massive for a non-crisis period, but its financing is almost entirely via very short-term issuance, which has never been the case before in a non-crisis time. pic.twitter.com/3mQWWPb7ds — …

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The high cost of Biden’s global humanitarian, military and strategic failures is adding up. Piers , bases and supplies left, drones captured

The Pentagon just said none of the aid from the U.S. Navy pier they built off the coast of Gaza has actually gotten to the Gazans. $320 million U.S. tax dollars and the efforts of 1,000 soldiers and sailors were wasted on this. Another blunder by Biden.pic.twitter.com/Y0OOiIhy56 — Paul A. …

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Central banks now drive over 20% of global gold demand.

Central bank net purchases now account for more than a fifth of global gold demand or about twice the proportion between 2012 and 2021 pic.twitter.com/z9pcvCZqin — Win Smart, CFA (@WinfieldSmart) May 28, 2024 BREAKING: 🚨 Argentina Argentina's Peso has plummeted to an an all-time low against the U.S. Dollar on …

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World Bank’s Plan to Slash Global Agriculture Sparks Fears of Famine

In a move that could have catastrophic consequences, the globalist-led World Bank has issued a report proposing drastic cuts to global agriculture production. This controversial plan, aimed at achieving “net zero emissions,” threatens to destabilize the world’s food supply and potentially lead to widespread famine and starvation. According to the …

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China’s drone dominance threatens global security

The rise of drone technology, particularly in the hands of China’s DJI, signifies a seismic shift in the landscape of modern warfare. With DJI manufacturing more small drones than every other company combined, it’s clear that China is positioning itself at the forefront of this technological revolution. Reports of the …

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Global monetary system on the brink as nations brace for financial warfare and dollar collapse

Concerns arise over the global monetary system’s stability amidst geopolitical tensions and the risk of a dollar collapse, prompting nations to explore alternative currencies and localize trade. Financial warfare escalates, with countries like Russia and China strengthening ties and seeking to reduce dependency on the dollar. One needs to take …

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China’s Economy in Freefall, Global Markets Teeter on Edge

The recent decline in the Chinese market has sent shockwaves through the global economy, raising serious concerns about the state of China’s economic health. Alicia García Herrero, Chief Asia-Pacific Economist for Natixis, succinctly captured the prevailing sentiment: “Nobody believes the economic situation is going to get any better.” This lack …

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Global Central Banks Break Record, Purchasing 289 Tonnes of Gold Amidst Worsening Deficits Worldwide

Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition of gold underscores growing uncertainties and the quest for stability …

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Global crypto funds witness historic 3-week outflows, 12% drop in April… Gold surges 13% year-to-date.

Global crypto funds just recorded 3 consecutive weeks of outflows for the first time ever. Over the last 3weeks, total crypto fund outflows were $767 million. Last week alone, ~$435 million of crypto assets were removed from these funds, the most since late March. The majority… pic.twitter.com/ltVY6gce2K — The Kobeissi …

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Mish Shedlock: The stage is set for a massive global trade war

via Mike Shedlock: The Biden administration claims Chinese companies help Russia rebuild its war machine. Our sanction proposal counter is laughable. China’s counterthreat isn’t. U.S. Takes Aim at Chinese Banks The Wall Street Journal reports U.S. Takes Aim at Chinese Banks Aiding Russia War Effort The U.S. is drafting sanctions that …

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The US is employing sanctions against China in an escalating financial and diplomatic conflict.

Amidst the tempest of international intrigue and economic brinksmanship, the U.S. unfurls its sanctions against China. The U.S. is preparing sanctions against Chinese banks for supporting Russia The restrictive measures will be designed to cut off some Chinese banks from the global financial system in order to limit Beijing's support …

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It may be a bit early to declare a full-fledged global currency crisis, but things moved decisively in that direction this week

via creditbubblebulletin: Weekly Commentary: World-Wide De-Risking/Deleveraging Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same cannot be said for the beginning of WW2D (World-Wide De-Risking/Deleveraging). Key speculative leverage epicenters were under notable …

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Retirement funds de-risking with bond shift; Global managers raise commodities exposure; US “super-core” inflation is rising fast

Amid market uncertainty, retirement funds opt for safer bonds, while global managers increase commodities exposure to hedge against volatility. Amid market uncertainty, retirement funds opt for safer bonds, while global managers increase commodities exposure to hedge against volatility. Meanwhile, despite significant Federal Reserve rate hikes, US “super-core” inflation is surging, …

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Finland’s Bold New Firearm Policy Sets Global Standard

Finland is taking a bold step forward in national defense and public safety with its groundbreaking initiative to open 300 new shooting ranges across the country. This extensive project not only aims to enhance military readiness and civilian preparedness but also integrates responsible gun ownership into the fabric of Finnish …

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Markets Are Biting Their Lips over Global Chaos

BY DAVID HAGGITH And Fed Chair Powell is joining them because suddenly nothing is going right for his soft-landing plans! Rising Middle-East tensions are driving up the price of crude oil and driving down the price of stocks and value of bonds. Analysts are saying oil could go to $100/bbl …

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Gold Surges as IMF Warns of Global Debt Spillovers, Yields Hit Record Highs Amid Powell’s Dilemma

Gold’s surge against inflation forecasts a looming market upheaval as IMF warns of global spillovers from escalating U.S. debt levels. With yields climbing and Powell signaling prolonged rate hikes, the Fed faces a daunting task amid inflationary pressures and fiscal dominance. #Gold is breaking out versus #Inflation – A big …

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Iran’s unprecedented drone attack on Israel sparks conflict, with 200+ drones, missiles, and Dow futures plunge.

Iranian missiles strike airbase in southern Israel. Follow: @AFpost pic.twitter.com/UNFCpp8zzP — AF Post (@AFpost) April 14, 2024 BREAKING – Iran attack 'ongoing': Israeli army pic.twitter.com/mYjGjhxWyc — Insider Paper (@TheInsiderPaper) April 14, 2024 As the world awakens to the echoes of explosions and the wails of sirens, a chilling reality grips …

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