🚨 BREAKING — Gold Never Dies: U.S. Treasury Secretary SCOTT BESSENT Reignites the Gold Standard Debate — “Gold Can’t Have a Budget Deficit. Gold Can’t Start a War.”
BREAKING: U.S. Treasury Secretary Scott Bessent ADMITS gold is immune to deficits, debt, and war — sparking calls to revisit the gold standard 55 years after Nixon’s “temporary” suspension. Is the global system shifting again?
U.S. TREASURY SECRETARY SCOTT BESSENT REIGNITES THE GOLD STANDARD DEBATE
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@GoldcliffRCorp Hopefully the consultation process gets wrapped up soon. Junior explorers need to be able to spend more time drilling and less time waiting on permits. The ministry has made promises to improve the process, but so far it’s hard to see the difference.
BREAKING: Gold futures surge above $4,400/oz to their highest level since June 5th on news that the US economy lost -23,000 jobs in July.
Gold is now up more than +10% in over the last month.
Gold rising again.
This is proving to be one of those rare windows that only comes around a few times each decade.
Expect volatility but the risk-reward here is exceptionally compelling in my view.
https://t.co/IN991iDrVy
This is a storm, not the end of a cycle.
I’m staying firm.
The hard asset cycle likely has much further to run.
For perspective:
Previous commodity supercycles unfolded during periods when the dollar was tied to gold, debt burdens were far lower, and globalization was accelerating.
Those were fundamentally different environments.
This cycle is being driven by monetary debasement, record leverage, fiscal excess, and the most significant wave of geopolitical fragmentation since the WWII.
Not the time to be shaken out of one of the most important macro theses of this decade.
https://t.co/yCHXf9QiO3
Bell Mtn is more than a standalone gold-silver project. As a permitted Nevada development asset, it represents an important 1st step in our broader Nevada growth strategy. The goal is simple: create flexibility, optionality & multiple paths to value creation
#Gold#Silver $LMG.V
Gold price is struggling now, but analysts say the looming bond crisis could change everything
(Kitco News) - The #gold market continues to struggle to reclaim $4,500 an ounce as bond yields rise to critical levels, driven higher by growing inflation fears, but analysts note that sentiment in the precious metals market could turn bullish quickly.
Analysts explain that this environment is difficult for gold because rising yields on long-term bonds are increasing the opportunity cost of holding precious metals, which are non-yielding assets. Spot #gold last traded at $4,993.60 an ounce, up 0.28% on the day.