LPPR

LPPR is based on libertarian principles, constitutionalist republican & participatory democracy advocate. Austrian socio-capitalistic views on economic policy.

[Gold Telegraph ⚡ @GoldTelegraph]

Central banks are quietly preparing for a very different world

Goldman Sachs estimates they're buying gold at more than FOUR TIMES their pre-2022 monthly pace

And more central banks are refusing to disclose where their gold is stored

Regardless of price, this is a new world...

[Peter Schiff @PeterSchiff]

Because of the dishonest N.Y. Times and its corrupt reporter Matthew Goldstein, the internet will not even give me the satisfaction of acknowledging my total victory in my defamation lawsuit against Nine Entertainment. Not only did I win, but it was perhaps the most decisive win in the history of Australian defamation law. Plus, I won seven consecutive judgments against Nine, setting an Australian record.

Nine's conduct was so bad that it could not even submit a valid defense. It tried three times, but all three were thrown out by the judge for lack of evidence. It was ordered to pay me a sum that exceeded the maximum allowed under Australian law and to pay my legal costs on an indemnity basis, which is reserved for the most egregious conduct. In fact, discovery revealed that Nine not only defamed me, but its "journalists" Nick McKenzie and Charlotte Grieve lied and committed fraud.

Citing the N.Y. Times as its source, Google only reports that I "settled a defamation lawsuit against the Australian media company Nine Entertainment over their reporting on the matter" involving the investigation of my bank.

The reason the N.Y. Times refuses to publish that I won my lawsuit is that Matt Goldstein worked with Grieve and McKenzie to defraud the public into believing I was guilty of committing crimes they knew I did not commit.

Matthew Goldstein is a liar and a fraud. Nothing he writes in the N.Y. Times can be believed. Goldstein does not care about the truth. He has no ethics or principles. He is a tool of government propaganda. He is a disgrace to the profession of journalism, and as long as he is employed by the N.Y. Times, no one should read that publication or believe anything it reports.

In case any one of them wants to sue me for defamation, to quote Clint Eastwood as Dirty Harry, "Go ahead, make my day."
@MattGoldstein26 @Ageinvestigates @CharlotteGriev1

[Peter Schiff @PeterSchiff]

Gold fell $116 today, closing just above $4,000 support. Traders seem to be bracing for a tech wreck and an unwind of the leveraged AI trade. They may be right to expect that, but they're wrong that gold will fall too. Gold already corrected. A stock market crash will be bullish.

[zerohedge @zerohedge]

The Biggest Winners And Losers From The Petrodollar's Decline https://t.co/emAmxnucMZ

[Peter Schiff @PeterSchiff]

In his latest attempt to buy the midterm elections with taxpayer money and inflation, Trump promised that if Republicans win, all adult Americans will receive annual payments of $5,000.

This new entitlement would add about $1.35 trillion to annual budget deficits, cost more than Medicare, and be second only to Social Security in size. However, if the program were actually enacted, it would soon become the third-largest federal expenditure, as interest on the national debt would quickly surge to number one.

[zerohedge @zerohedge]

China Buys Record Amount Of Gold As India Panics, Scraps Key Tax Relief On Precious Imports https://t.co/GgzLpAM4EV

[Eric Yeung 👍🚀🌕 @KingKong9888]

Smart ❤️

#Gold

[Gold Telegraph ⚡ @GoldTelegraph]

China has been the world’s largest gold producer since 2007.

Nearly 380 tonnes mined annually. More than 1,000 tonnes imported this year.

And nobody outside Beijing knows exactly how much gold China really holds.

This is why the entire world should be watching closely...

[Peter Schiff @PeterSchiff]

Even though the financial media is devoting a lot of coverage to the rise in bond yields, there is no discussion at all about just how much higher yields are likely to rise. Some talk about 5.5%, or maybe 6% tops. No one is talking about 7%, 8%, or higher. That's the real story.

[Gold Telegraph ⚡ @GoldTelegraph]

BREAKING NEWS

THE FEDERAL RESERVE SAID THE UNITED STATES PARTICIPATION IN INTERVENING TO SUPPORT THE JAPANESE YEN WAS A TREASURY DEPARTMENT MOVE

This is one of the biggest macro stories in the world.

Not many people are paying attention to it.

[zerohedge @zerohedge]

Tanker rates just hit a new all time high: shipping now adds over $40 to the price of a barrel

[maneco64 @maneco1964]

M2 in 2026 is growing at around 6.68% on an annual basis so those who think a 5.3% yield on the 10-year is a steal will get fleeced. CPI or PCE are silly measures concocted by politicians and Keynesian economists. At the least one should be looking for a 8.75% yield.

[Peter Schiff @PeterSchiff]

When mortgage rates were 3%, the monthly payment on a $500K house with 10% down was about $1,900. When rates rise to 9% next year, the same mortgage will cost over $3,600. At that rate, to reduce the payment to $1,900, the price of the house would have to fall by nearly 50%.

[Eric Yeung 👍🚀🌕 @KingKong9888]

Holy cow 🐮…

[LPPR @LPPR11]

@Tory_Brexit69 @MyLordBebo Why is Ukraine begging for a cease fire , if they are winning?

[Stern Drew @SternDrewCrypto]

🚨 Japan Just Broke The French Bond Market

One Tokyo fund (Sumitomo Mitsui DS) didn’t trim exposure. It dumped every French government bond it held and rotated into German Bunds and short-term Japanese paper.

Not a reduction. Full exit. Something that even shocked the Financial Street.

The France-Germany 10-year spread blew past 140 basis points, the widest gap since the euro crisis.

France's 5-year CDS has spiked up to 81 basis points, the highest since 2013. The higher the number, the greater the risk of national bankruptcy.

French domestic holders are now facing a deeper mark-to-market loss and a less liquid exit to sell into the same one-way market.

Japanese investors still sit on roughly ¥25 trillion of French debt, second only to American holders and this was a single manager’s book.

Carry trades that funded higher-yielding global debt market with cheap yen just got a live demo of how fast the unwind can hit.

When the bid from Japan disappears, the largest European sovereign market has to find new buyers at the same time its own government is arguing over a deficit plan that markets already distrust.

If more Japanese money follows the same exit, the same flow that once compressed euro spreads can reprice them in the other direction.

We now understand what @yutokanzakireal meant by saying “Japan is bringing the entire house down” in response to Scott Bessent’s “I am the house now” statement:

Ending cheap-yen funding is forcing a margin call on the leveraged global debt system built on the carry trade and not just the U.S. leverage.

France just got the first real look at what Japan’s wealth returning to the homeland looks like.

[Glenn Diesen @Glenn_Diesen]

Merz argues that Germans must work more and become more productive if Germany is to compete with China.
* An alternative perspective is that the German government should not have shut down power plants, cut its energy-intensive industries off from their main source of affordable energy, looked the other way when Nord Stream was destroyed, imposed sanctions on so many countries, contributed to instability in the Middle East by backing genocide and the war against Iran, built an economic model so reliant on mass immigration, subordinated itself excessively to the US, stolen sovereign assets, financed yet another war against Russia etc. Or BlackRock Merz is correct: Germans simply need to work harder and accept the transition from an industrial welfare state toward a model of military Keynesianism.

[Gold Telegraph ⚡ @GoldTelegraph]

Gold is no longer sitting on the fringes of the financial system.

It is moving back toward the centre of it.

The world’s most serious nations are accumulating gold, repatriating it and treating it as an asset of sovereignty.

These are transformational times.

[Peter Schiff @PeterSchiff]

Jobs Missed. Wages Stalled. Tariffs Failed. Bonds Fell Anyway.
https://t.co/DTR0zU1kLb

[Gray Area @GrayAreaTalks]

Is Trump Overseeing the Death of America?

@WeTheBrandon
@rexjonesnewz
@TruismTim