“Bits and Pieces” in Dinarland Sat. PM 5-31-2025

Gold Telegraph: Everyone is Sounding the Alarm Now

5-30-2025

BREAKING NEWS: THE TEXAS SENATE ADVANCED A BILL THAT WOULD ESTABLISH A STREAMLINED DIGITAL CURRENCY LINKED TO GOLD AND SILVER AS LEGAL TENDER

Poetry in motion.

“HB 1056 aims to allow Texans to make transactions using gold stored in the Texas Bullion Depository through a debit card system…”

Source: https://www.cbs19.tv/article/news/local/texas-senate-advances-gold-bill/501-143ce992-afb1-4b6a-a41a-e6d899441da1

One of the world’s largest copper mines remains partially offline, with 70% of its production halted. This mine is the third-largest copper producer globally.

As global copper supplies tighten, this is worth watching… Copper is the glue that holds the global economy together.

Never underestimate the power of the underdog. It’s been my mantra throughout my career and it’s the perfect way to describe gold.

You can dismiss it.
You can mock it.
You can try to break it.

But it always endures and when the world gets ugly, it roars back with a vengeance.

BREAKING NEWS: GERMANY’S TAXPAYERS FEDERATION SENT LETTERS THIS WEEK TO THE BUNDESBANK AND THE FINANCE MINISTRY CALLING ON THEM TO REPATRIATE THE GOLD STORED IN THE UNITED STATES.

Boom.

“Germany has stored gold in New York since Cold War…”

Source: https://www.reuters.com/business/finance/trump-spurs-questions-about-safety-germanys-gold-new-york-2025-05-30/

The CEO of America’s largest bank just warned that the U.S. bond market will crack under rising debt. Everyone’s sounding the alarm now. As I’ve said for years, QE helped inflate the greatest sovereign debt bubble in history. End scene.

Source(s):   https://x.com/GoldTelegraph_/status/1927802098546077786

https://dinarchronicles.com/2025/05/30/gold-telegraph-everyone-is-sounding-the-alarm-now/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Clare  Article:  "Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally." Quote: "Al-Hassan pointed out that the United Nations supports Iraq's approach, which will in the coming days become a banking force that interacts internally and externally."

Walkingstick  [Response to Guru Clare 5-31-2025 Article ] This is a big announcement.  The United Nations fronted Iraq.  They beat the CBI to the punch because this is a very big strong statement to release.  It's a new world now that Trump is back in office.

************

Luke Gromen: US Braces for Capital Controls as Global Trade Reset Begins

Daniela Cambone:  5-30-2025

“If one believes that this is a restructuring of the global trading system, as a lot of people do, then it is fait accompli, the United States is no longer going to have open capital account,” says Luke Gromen, founder and president of Forest for the Trees (FFTT).

He explains to Daniela Cambone that if the US keeps its capital account open while China restricts capital flows, it risks becoming a source of funds for a heavily indebted global economy during trade disruptions.

“Everybody wants to get their money out of China. Chinese say no. Then they go... to the US, sell stocks, sell treasuries. And the US loses the trade war.” Gromen also highlights that the status of gold has been strengthened since the 2008 financial crisis, when it became clear that the US would not reform fiscal policy but instead print money to resolve crises.

 “Gold is both preserving purchasing power and providing absolute national control,” he concludes.

Chapters:

00:00 Will gold price reach the moon?

5:44 Capital controls are inevitable

8:20 Geopolitical power is breaking down

10:00 Will the Fed be forced to cut rates?

11:59 Recession won’t be fatal

 13:41 Implications of debt spiral

16:29 Central banks buying gold

 20:38 Gold’s bullish run projection

 24:10 Gold’s future growth trajectory

25:48 Is financial reset looming?

https://www.youtube.com/watch?v=W6G6pNPMEno

Previous
Previous

MilitiaMan and Crew:  Iraq Dinar Update-Banking Powerhouse-Coming days-UN-IMF-EBRD-IFC Supported-Oil & Gas Law-Salaries-ER

Next
Next

Confidence Is Breaking Down In US Bond Market