GoldBroker
85K posts
GoldBroker
@Goldbroker_com
Protect your wealth by investing in physical gold & silver — bullion bars/coins — stored outside the banking system in your own name, with access to the vaults.
London, UK Katılım Temmuz 2011
674 Takip Edilen10.5K Takipçiler
GoldBroker retweetledi
BREAKING: Total US federal debt is now up to a record $39.4 trillion, rising +$3.2 trillion over the last 12 months.
Since 2020, US federal debt is now up a massive +$16.3 trillion.
This marks a +$2.5 trillion average annual increase, or +$209 billion per month.
At this pace, total US debt will surge to $50.0 trillion before 2030.
The US debt crisis has no end in sight.
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GoldBroker retweetledi
Germany is Abandoning Fiscal Discipline: Great News for Gold Priced in Euros (@LaurentMaurel_)
➡ goldbroker.com/news/germany-a…
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GoldBroker retweetledi
Macron’s successor faces a €126 billion challenge over French debt bloomberg.com/news/articles/… via @WHorobin
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Real Interest Rates at Record Highs: What If Gold Benefits Again? (@ThomasAndrieu_)
➡ goldbroker.com/news/real-inte…
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GoldBroker retweetledi
BREAKING:
U.S. federal debt has reached a record $39.4 trillion — and climbing.
US annual interest expense has reached a record $1.35 trillion — and climbing.
At the same time, long-term credit yields are rising across the globe signaling worsening credit risk.
Central Bank continue to take physical gold of the market to hedge for rising credit risk.
Meanwhile 96% of Western investors remain without a meaningful monetary hedge, as if gold weren't money and credit carried no risk.
Central banks clearly disagree.
The debt is rising.
The interest cost is rising.
The yields are rising.
And the institutions closest to the monetary system continue accumulating gold.
Carrasco Wealth Management (CWM)
Carrasco@JCWealth.ca
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GoldBroker retweetledi
Remember when Scott Bessent said to judge him by the 10-year Treasury?
US 10-year real yields just reached their highest level in more than 2 years.
Markets are the ultimate judge of fiscal discipline.
Reminder:
The US simply cannot afford both a war and higher interest rates.
tavicosta.substack.com/p/macro-update…
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GoldBroker retweetledi
GoldBroker retweetledi
Another day of war, another day of higher US interest rates.
That's a major problem...
Over the next 12 months, ~ $8T of US Treasuries have to be refinanced.
- Average interest rate: ~3.3%
- US 2yr yield: ~4.3%
Rolling that $8T into 2-yr would add ~ $80 billion in annual interest costs.
And that's before factoring in the ongoing deficit.
The US simply cannot afford higher for longer rates.
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GoldBroker retweetledi
Good Morning from Germany, where Berlin’s debt tab is surging. Federal interest payments are set to jump to nearly €42bn next year from just over €31bn this year and could hit €80bn by 2030. That’s money spent on the past, not invested in future growth.
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GoldBroker retweetledi
“There are two ways to enslave a country. One is by the sword. The other is by debt.” – John Adams
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GoldBroker retweetledi
22.4%.
That is the share of the US monetary base covered by the country's gold.
The average since 1920 is 45.5%.
In 1980 the ratio hit 131%, which would correspond to a gold price of around USD 27,000.
Less than a quarter of every dollar is backed by gold.
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GoldBroker retweetledi
Gold’s share of total reserve assets has risen from a historic low of 10% to 25%.
A common interpretation of the post below is that it suggests central banks are buying gold (which they are), while the increase in gold’s share of reserve assets is mostly the result of the sharp rise in the gold price.
To be clear, the latter is also very true. But using gold’s impressive price appreciation to dismiss the increase in gold’s share of total reserve assets as a signal of structural change is naïve.
Apart from the fact that central banks continue to buy gold, its remarkable appreciation relative to fiat currencies is exactly what you should expect from the fundamental shift we are witnessing. Every time the financial system became too hollowed out by debt, inflation, and currency debasement, the price of gold skyrocketed.
One of my favorite charts below shows exactly why. To rebalance a debt-driven financial system, the price of gold must rise exponentially relative to the relentless expansion of global money and debt.
Gold appreciating against fiat currencies is a feature, not a bug.
jeroen blokland@jsblokland
The world's monetary anchor is strengthening. Gold now accounts for nearly 25% of central bank reserve assets, up from a historic low of just 10% between 2015 and 2020. As the chart from the Financial Times shows, gold represented between 40% and 60% of total reserves from 1970 to 1990. Before that, it accounted for roughly 80%. And before fiat money, when gold coins were money, it was effectively 100%. So even by historical standards, today's gold holdings remain well below their long-term average. Now add unprecedented debt levels, accelerating currency debasement through money creation and inflation, and a growing number of countries looking to reduce their dependence on the U.S. dollar. Against that backdrop, 25% still looks remarkably low.
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🇨🇳 Chinese Gold Reserves in June: 2,346 tonnes
Krishan Gopaul@KrishanGopaul
The People's Bank of China increased its #gold reserves by 15 tonnes in June - a further pick up in its accumulation pace and the 20th consecutive months of additions. This lifts its YTD additions to just over 40 tonnes, and total gold holdings to 2,346 tonnes.
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GoldBroker retweetledi
National Bank of Poland #gold reserves increased by 18 tonnes in May - the largest monthly addition since February. This lifts the YTD net increase to 64 tonnes, and total holdings to 614 tonnes.
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