A trade truce between the United States and China is at risk of falling apart… Why? Elements.
China has been very focused on mining for years and acquiring world-class projects. Now, the world is waking up to the consequences.
I will be on stage in Quebec City next Tuesday. Looking forward to seeing some of you there to discuss the role of gold in this shifting global order.
More and more mining CEOs… leading companies with market caps over $10 billion believe we are on the brink of a monetary reset. Some even argue it’s already underway.
A common theme?
They all recognize one fact:
The flow of gold has been shifting east for years.
More soon.
BREAKING NEWS: THE BANK OF JAPAN’S LONG-TERM GOVERNMENT BOND HOLDINGS FELL FOR THE FIRST TIME IN 16 YEARS AS OF END-MARCH
Where is my circus picture?
Oh there it is:
It’s easy to miss the signals in the noise.
But pay attention:
This week:
• The President of the European Central Bank said the euro could replace the dollar in global trade.
• Germany is pushing to get its gold back from the United States.
This isn’t just noise… Europe is preparing for the future. They are worried that the Federal Reserve won’t provide lifelines if the system starts to c***k.
Of course, the euro will never replace the dollar as the world’s reserve currency, but that’s not the point.
The real story is this: America’s closest allies are now openly questioning the dollar’s role, exploring alternatives, and pushing for their own currencies.