Lars

🧘‍♀️🚣‍♀️🚴‍♀️🐕‍🦺🐱

[Lars @silverlinedJoy]

Love Sadhguru and his wisdom

[Sadhguru @SadhguruJV]

Every day you must push yourself one more step in every direction. That is when your capacity to do things will increase and you will be empowered to step into any situation without fear or failure.
#SadhguruWisdom

[Lars @silverlinedJoy]

This is so heartbreaking. Among the missing Isha members are 22 from the US. They were in the immigration building when the flood happened. They were on their return sojourn from Kaliash.

[Padmaja Joshi @PadmajaJoshi]

Sadhguru speaks about the 80 people from their group currently missing in Nepal.
They were on way back from Kailash Yatra.

[Lars @silverlinedJoy]

May human dignity allow this appeal to be met quickly

[Sadhguru @SadhguruJV]

Sadhguru's Appeal to the Authorities & Administration.

[Lars @silverlinedJoy]

@SadhguruJV So, so awful! Hoping for the best. Prayers for all.

[Lars @silverlinedJoy]

@silver207141 Quite the conundrum

[MBAeconomics @MBAeconomics1]

After 6 months of gold and silver declining from their peaks, the metals have put in their bottom and decisively broken out.

We are on the verge of a financial crisis. Gold and silver are the only assets that can protect you.

Stocks, bonds, and real estate will underperform the metals from here on out.

It is your obligation to tell your friends and family.

They may not listen, and they may right you off. But if you save atleast one person, you can sleep well at night.

#gold #silver

[Lars @silverlinedJoy]

@MBAeconomics1 No silver option? ;)

[Lars @silverlinedJoy]

@NorthstarCharts ‘Astrology for men’ haha

[Sadhguru @SadhguruJV]

Bliss is not a goal – it removes the fear of suffering. Only when ‘what will happen to me’ disappears will you dare to explore life. #SadhguruQuotes

[Lars @silverlinedJoy]

@BankerWeimar https://t.co/KzK19QrSe4 - I sell so much to them

[Gold Telegraph ⚡ @GoldTelegraph_]

The Gold Goes Home

People forget how quickly the world can change.

In February 1965, Charles de Gaulle stood in front of hundreds of journalists at the Élysée Palace and said the one thing no Western leader was allowed to say.

He called for the world to return to gold.

Not to the dollar. Not to promises.

To the one asset, he said, that "has no nationality" and is "eternally and universally accepted."

Washington laughed at the old general.

Then France stopped laughing and started converting.

Through the mid-1960s, the Banque de France redeemed hundreds of millions of American dollars for American gold, ship after ship, drawdown after drawdown.

And de Gaulle's economist, Jacques Rueff, kept telling the world exactly what the game was:

America could spend more than it earned, forever, without consequence…  a "deficit without tears," he called it, because it paid its bills in paper only it could print.

Finance minister Valéry Giscard d'Estaing gave the arrangement the name that stuck:

America's "exorbitant privilege."

The pressure worked too well.

On August 15, 1971, President Nixon closed the gold window rather than keep paying out metal.

The last link between the dollar and gold was severed on a Sunday night, on television, precipitating a period of confusion and shock.

France asked for its gold.

The world got the fiat era instead.

Keep that story in mind. Because sixty years later, France just did it again and almost nobody noticed.

The quietest repatriation in history

Starting in July 2025, the Banque de France began unwinding its position at the Federal Reserve Bank of New York.

But there were no armoured convoys.
No transatlantic flights.
No diplomatic incident.

Instead, across 26 separate transactions over seven months, France sold 129 tonnes of old bullion sitting in the New York Fed's vault, bars so old some dated to the late 1920s, cast before modern purity standards existed and bought back the identical tonnage in Europe.

Newer bars. Higher standard. Stored in Paris.

Repatriation without a single bar crossing the Atlantic.

And here's the part that should make every treasury official weep:

They got paid to do it. By selling old New York stock at record prices and repurchasing in Europe, the Banque de France booked a realized gain of roughly €11–13 billion, nearly $15 billion, enough to swing the entire central bank back to profit for the year.

All 2,437 tonnes of French gold, the fourth-largest hoard on Earth, now sit in La Souterraine, the vault carved into the rock beneath Paris.

Governor Villeroy de Galhau insists the move was "not politically motivated."

Of course he does.

Central bankers always say that.

France is not alone.

Watch what they do, not what they say.

Germany repatriated 674 tonnes from Paris and New York, a program announced in 2013 after German politicians grew tired of being told their gold was fine, trust us, no you can't audit it.

Turkey pulled 220 tonnes out of the Federal Reserve.

The Netherlands brought home 122 tonnes.

Poland repatriated 100 tonnes from vaults in England.

And the vaults themselves tell the story in aggregate.

The share of central bank reserve gold stored in London has fallen from 64% to 57%.

The New York Fed's share has dropped from 17% to 14%.

Percentage point by percentage point, decade by decade, the metal is migrating home.

Onto sovereign soil.

The bigger picture

This is not happening in isolation. It's happening inside the largest shift in reserve behaviour in a generation.

Gold now exceeds US Treasuries as a share of global reserves for the first time since 1996.

Read that again.

The world's central banks,  the issuers of fiat currency, the operators of the printing presses, collectively hold more of their reserves in a 5,000-year-old metal than in the debt of the United States government.

And a record 45% of them say they plan to buy more gold in the next twelve months.

Ask them why, and you'll get the paragraph about diversification.

But diversification doesn't explain the geography.

You don't move gold out of London and New York to diversify.

You move it because possession has started to matter again.

Because you watched $300 billion of Russian reserves get frozen with a keystroke.

Because you've realized that gold in someone else's vault is not gold. It's a claim on gold.

And a claim is just another word for credit.

The lesson?

Countries are beginning to think differently, not only about how much gold they own, but where they hold it and in what form.

Old bars are being upgraded to modern standards. Foreign custody is being converted to domestic possession. Claims are being converted to metal.

But strip away the financial engineering, and it's the same instinct that sent French ships across the Atlantic in the 1960s.

The same instinct that has moved men and nations for five thousand years.

When nations lose confidence...
They ask for their gold.

The last time France asked, the entire monetary system broke within six years.

This time, nobody's even pretending the window is open.

If you enjoy stories like this, please share it. Last week I wrote a story about JPMorgan. I will continue writing stories like this every weekend.

— GT

[Lars @silverlinedJoy]

@Sorenthek I did my part last month with losing my job of 23 years

[Lars @silverlinedJoy]

@silver207141 Who is running this account, indeed?

[MBAeconomics @MBAeconomics1]

We are getting a #gold revaluation and gold bonds on July 4th, 2026.

What color lambo are you picking out?

[Lars @silverlinedJoy]

@steve_hanke Go Gen Z! - Gen X’er and I don’t appreciate it either

[Lars @silverlinedJoy]

@TheApeOfGoldST Everyone has been saying there would be a big shakeout before violent up moves and that getting in when it breaks up will be near impossible. Stay the course it seems as it feels we are in that shakeout phase.

[Lars @silverlinedJoy]

@KingKong9888 I was at the beach on Jekyll today. Millionaires village history is wild.

[Lars @silverlinedJoy]

@SpencerHakimian Was he invited?

[Lars @silverlinedJoy]

@Angry_Staffer Can anyone stop him? Psych hold?

[Lars @silverlinedJoy]

@J_I_A_P Doesn’t seem right to me. Also, if he was afraid then why was he standing next to the door? Hoping for an overturn on the conviction.

[Lars @silverlinedJoy]

@MattJohnsonNEWS I thought the defense closing was excellent