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I have found out why Gold is suddenly spiking.
Bank of Japan data released on Tuesday suggested Tokyo spent 2.14 trillion yen ($13.5 billion) intervening in the value of the Yen on Friday last week.
Combined with the amount spent on Thursday, Japan is bought nearly 6 trillion yen via intervention last week.
https://www.reuters.com/markets/currencies/japan-keeps-up-warnings-against-sharp-yen-falls-2024-07-16/
That is 37,851,300,000.00 United States Dollars.
To get this money they had to sell US bonds. But, to whom? No one is saying. Likely, the Fed bought them back!
Worse, to keep the price of US bonds up, the US Federal Reserve had to push rates higher. which made US debt grow rapidly.
The Global Financial system is done for. The only question is when; and that depends on how long (((they))) can keep game going.
Gold is rising because a currency collapse is going to hit the world. Soon. I was told this evening, they're NOT sure they can even make it to the November elections!!!!!!
It simply cannot be avoided anymore. People all over the world are going to be wiped out financially.
THAT is why Gold is rising suddenly. Investors are moving vast amounts into Gold in an effort to protect themselves.
WORSE:
Of all people, former British Prime Minister Boris Johnson, paid a visit to Donald Trump today. What could THEY have possibly discussed? Ukraine!
Turns out, Boris Johnson delivered the bad news to President Trump about why World War 3 with Russia is "necessary."
Johnson then released the following image and statement:
Of course, it was Boris Johnson who told Ukraine's Volodymyr Zelensky, he could not make peace with Russia, he had to fight. Which is one reason that war goes on.
Now, Johnson is talking to Trump about Ukraine.
In my opinion, this has "DISASTER" written all over it.
