Over the past few months, China's largest banks have quietly moved to end paper gold trading for individual customers across the country. The Industrial and Commercial Bank of China makes it final on July 24.
The official line is that this protects ordinary people from a volatile market. I don't buy it.
I think we're watching the moment China stops accepting the West's paper price for gold and starts letting real metal set its own.
New episode: The Truth About Gold ▶️
Huisarts Rob Elens over hoe hij vernederd is binnen zijn eigen vakgebied door lagere school leraar Hugo de Jonge.
“Ik wil excuses.“
Ik snap deze eis heel goed.
Huisarts Rob Elens in de parlementaire enquêtecommissie Corona:
Ik heb tien mensen op rij op deze manier behandeld en tien mensen werden beter. Dat kan toch geen toeval zijn? De minister van volksgezondheid heeft mij daarna aangevallen op mijn werk als dokter.
Talk about a turn of events.
Exactly 9 days ago, President Trump said a deal with Iran was coming “shortly.”
Today, Iran has officially backed out of all negations with the US and is threatening to block both the Strait of Hormuz and Bab el-Mandeb.
It’s going to be an eventful month.
BREAKING: Iran announces it is ending all negotiations with the US and vows to "completely" block the Strait of Hormuz, per CNBC.
Iran says it is ending negotiations due to repeated ceasefire violations including Israeli strikes in Lebanon.
Iran also threatens to block the Bab el-Mandeb Strait.
Binance burned 2,193,721,758 terra-luna:native for their monthly Terra Luna Classic burn! 🔥
Since 2022 #Binance has burned #LUNC every single month and they only burn $BNB and LUNC! 🌕
Thank you to @cz_binance and @_RichardTeng for supporting the Terra Luna Classic community! ��🤲🏻
Gold is going to get revalued.
Gold bonds are going to be created.
President Trump is aware. He is going to audit Fort Knox.
Everything is coming together.
Insiders are betting on #gold exceeding $20k by December 2026.
Did i mention the #silver price floors?
Get ready.
$USTC will no longer be standing alone.
MM2 is finally here and ready to move toward production implementation ( thank you @ColeStrathclyde@orbit__labs . At the same time, the $USTC staking system technical proposal is in its final stage and should soon be made public through governance.
This is the kind of on-chain product Terra Classic has been missing.
Once MM2 and USTC staking are implemented and running, the two orbs - $LUNC and $USTC - will be directly connected through MM2, while USTC also gains independent utility on-chain.
This is not just bullish for Layer 1.
This is bullish for the entire Terra Classic ecosystem.
Utility. Volume. Burns. Staking. Growth.
LFG.
#LUNC #USTC #TerraClassic #LunaClassic #Crypto #DeFi #Binance #Cosmos