Gold Telegraph: Big Things are Happening
Gold Telegraph: Big Things are Happening
7-24-2025
JUDY SHELTON SAYS WE NEED TO OPEN UP THE FEDERAL RESERVE AND MOVE TO A DIFFERENT CONSTRUCT
Well said Judy Shelton
Russian precious metals exports to China almost doubled in the first half of the year… $1 billion. Watch closely.
BREAKING NEWS: U.S. TREASURY SECRETARY SAID THE ENTIRE U.S. FEDERAL RESERVE NEEDED TO BE EXAMINED AS AN INSTITUTION
Wow. Big things are happening.
“What we need to do is examine the entire Federal Reserve institution and whether they have been successful…”
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen jointly warn that the United States’ pressure against its current chief could fuel inflation. The irony here… Everyone has now arrived at the dance.
The brilliant Judy Shelton made a sharp point on CNBC, exposing the dysfunction at the Federal Reserve by highlighting its staggering $900 billion in unrealized losses on its own portfolio.
Gold Telegraph: Last year, the Federal Reserve had unrealized losses of $948 billion on its bond holdings. Who is counting at this point?
The Treasury Secretary of the United States said this on the replacement of Jerome Powell at the Federal Reserve: “There are several female regional Fed bank presidents and then there are some fantastic women outside the Fed.” Let’s go Judy Shelton
Asian local-currency bond sales reach RECORD. Interesting considering the European bond demand that is happening… The trend is real.
Japan’s 40-year government bond auction generated the weakest demand in 14 years. Look at what happens when the Bank of Japan is no longer at the table buying up everything aggressively. This is why I have always called this situation… “Tragic comedy.”
Imagine observers on Mars seeing the U.S. dollar as the world’s reserve currency… then noticing:
– 125% debt-to-GDP
– 6% annual deficits
– Frequent use of sanctions
– Threats of tariffs
– A country representing just 4% of humanity
What do you think they would say? @elonmusk
https://twitter.com/i/status/1948151895887122872
We talked about:
– Why central banks are quietly hoarding gold
– The slow-motion fall of the dollar
– Yield curve control and debt reflexivity
– How mining is becoming geopolitical power
+ much more.
Chris doesn’t hold back.
Watch here: https://twitter.com/i/status/1948124819423482343
GOLD TELEGRAPH CONVERSATION #9 CHRIS LEAVY "If you landed here from Mars and were told the reserve currency comes from a country with 125% debt-to-GDP, 6% deficits as far as the eye can see, sanctions countries, threatens tariffs, and represents just 4% of humanity — you'd ask: why is that the reserve currency?" Chris Leavy is a seasoned voice in global finance.
He began his career in traditional asset management and rapidly rose to oversee billion-dollar mandates at firms like OppenheimerFunds, Morgan Stanley, and BlackRock. Having served as a senior executive inside some of Wall Street’s most powerful institutions, Chris brings a rare insider’s perspective on how capital, power, and policy intersect.
In this wide-ranging conversation, we explore the future of the U.S. dollar, the return of gold as a strategic asset, central bank behavior, debt reflexivity, de-dollarization, and the geopolitical significance of mining and supply chains in a multipolar world.
Chris makes a compelling case that dollar hegemony is no longer a feature of strength, but inertia. He explains why central banks are quietly preparing for a tokenized, post-dollar system — with gold increasingly at the center. He also shares personal turning points, including why 2022 marked a shift in his worldview, how mining is becoming a geopolitical lever, and why quantitative easing may not be “free” the next time around. Thank you to Chris for joining me on this episode.
A state-backed Chinese gold producer is emerging as the front-runner to acquire Barrick’s Tongon gold mine in northern Ivory Coast. This deal would be valued at up to $500 million. China continues to swallow up gold deposits.
The President of the United States will visit the US Federal Reserve tomorrow (Thursday) . When Fort Knox?
Source(s): https://x.com/GoldTelegraph_/status/1947302389825900921
https://dinarchronicles.com/2025/07/24/gold-telegraph-big-things-are-happening/