@andreijikh This was over a year ago as a caveat, but I would say what I said then:
Note he said "I can say TODAY we are not going to revalue the gold"
I think it's possible that the word "today" was doing far more heavy lifting than people thought when he said it.
market thinks US employment data is more important than sovereign countries dumping us treasuries and buying gold for a decade now and still buying. #Gold I will buy the dip
Kevin Warsh the newly appointed Federal Reserve Chair has quietly brought on a key adviser who authored the Project 2025 chapter on the Federal Reserve.
That adviser is Paul Winfree.
Here is an excerpt from the 900 page "Mandate for Leadership: The Conservative Promise 2025” published by The Heritage Foundation. Chapter 24, written by Winfree, lays out the case for radical monetary reform.
Got Gold?
Who is Paul Winfree, Kevin Warsh’s key policy advisor?
Paul Winfree is a top conservative economist serving as a key policy advisor to new Fed Chair Kevin Warsh. He’s President & CEO of the Economic Policy Innovation Center (EPIC), a former Trump White House Deputy Assistant for Domestic Policy, and ex-Heritage Foundation scholar.
In Project 2025’s “Mandate for Leadership,” Winfree wrote the Federal Reserve chapter. He seriously explores returning to (or running parallel with) a gold standard to fight inflation and boom-bust cycles. He highlights gold-convertible Treasury instruments, aka gold bonds, as a practical transitional tool, with the dollar redeemable at market gold prices.
#Gold #Silver 🎯
For years, a few of us have been saying “watch the Chinese”, “Chinese are buying gold” which will lead to “physical will drive gold price”. SGE was having a premium over spot for years, sucking out physical from the West
@MacleodFinance told you China owns >20K tonnes, not 2300
@KingKong9888 dug up all kinds of information from China
@oriental_ghost put out SGE closing data daily
@andrewmaguire1 discussed about SGE is setting price
@ASchectman talked about BRI is shifting the global dynamics
@thesiriusreport told you China is accumulating gold
@LukeGromen gave the reasons behind macro shift
@InProved_Metals provided SGE premium data over spot
The list goes on and on … (sorry, cannot list you all)
Now it is clear enough for ECB to see that
X is filled with “experts”, learning how to distinguish who to listen to and who to avoid is the key skill that will change your perspectives. Avoid the trolls
China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB
https://t.co/sRdpEozS4C
The meeting that made the dollar the king of the world wasn't held in a government chamber.
It was sealed inside a luxury hotel in the mountains of New Hampshire while WWII was still raging.
In July 1944, delegates from 44 nations gathered at the Mount Washington Hotel in Bretton Woods. The world was on fire, but its financial future was being written in a secluded resort.
At the center stood two men: the legendary British economist John Maynard Keynes, and a mysterious U.S. Treasury official named Harry Dexter White.
Keynes arrived to save a financially exhausted Britain. He proposed a neutral global currency called the "Bancor" to level the playing field.
White had a different vision.
He didn't defeat Keynes through persuasion alone. He had something more powerful behind him: the economic weight of the United States, the world's largest gold reserves, the dominant industrial power, and Britain's near‑bankruptcy.
White's plan won. The Bretton Woods system made the dollar the primary reserve currency. Every other currency was pegged to the dollar, and the dollar was fixed to gold at $35 an ounce. International trade increasingly settled in dollars. It was the birth of American financial supremacy.
But the story doesn't end with a handshake at a hotel. It ends with a spy scandal.
Years later, evidence from the Venona decrypts and Soviet archives strongly suggested that Harry Dexter White, the primary architect of the post‑war financial order, had secretly provided information to Soviet intelligence. A man at the heart of American power, later linked to Soviet intelligence by declassified evidence.
The Bretton Woods system was terminated by President Nixon in 1971. But the architecture of U.S. financial dominance created in that hotel room, and by that deeply flawed man, remains the bedrock of our world.
And that leaves one of the strangest questions in financial history.
If Harry Dexter White really was feeding information to Soviet intelligence, why did he help build a system that became the foundation of American global dominance? Was he a Soviet asset who misjudged the future? Or was he an American strategist whose legacy became entangled in Cold War paranoia? Eighty years later, historians are still arguing over the answer.
#brettonwoods #ironmythos #AmericanHistory
Via Ironmythos on FB