reSee.it - Tweets Saved By @GoldTelegraph_

GoldTelegraph_
Posted - February 4, 2026 at 8:07 PM
Saved - February 5, 2026 at 10:07 AM
reSee.it AI Summary
I remember hosting the legendary Ron Paul before gold caught the mainstream's attention—an icon and a truth-teller. My work lets me sit with early, honest voices. This is a moment, @RonPaul. The world is watching gold. Watch this epic exchange between Bernanke and Dr. Paul.

@GoldTelegraph_ - Gold Telegraph ⚡

I remember having the legendary Ron Paul on for a conversation... before gold caught the mainstream's attention. An icon and a truth-teller. My work allows me to sit down with people who were early and, most importantly, honest. This is quite a moment, @RonPaul. The entire world is finally watching gold. Watch this epic exchange between Bernanke and Dr. Paul.

Video Transcript AI Summary
Speaker 0 raises the question of remonetizing gold, asking if the administration could do it through a gold-backed treasury instrument as Judy Shelton suggests, or by marking gold to market at 2,900 an ounce on the balance sheet. Speaker 1 says gold should be returned to the people. He recalls asking Bernanke in committee, “Is gold money? Do you think gold is money?” Bernanke replied, “No. It’s not money. It’s an asset.” He notes that central banks hold gold as a form of reserves, not because it is money, and compares it to diamonds or a tradition that some still regard as money. He asks why the central bank owns it and why they are buying it if it’s not money. He adds that the founders understood this, and mentions problems with the continental dollar and runaway inflation. The evidence, he says, is strong, yet it serves special interests rather than the common person, middle class, or the poor, who are affected when money is printed. He reflects on the 1960s warnings from economists about Bretton Woods and the inability to sustain it as printing continued. The day that hit him most was August 15, 1971, when they decided the United States was broke, that money was no longer honored, and that foreigners holding dollars would not be reimbursed with gold. This marked a big issue and ushered in a new age of monetary policy. He explains that there are no restraints on spending and deficits, that both parties are involved and given license to wars and runaway welfare, and that corruption could grow in the justice department, harming the people. He notes that gold reaching $3,000 would still be shocking, and while he might have expected higher since 1971, it remains surprising. He believes the current system is over and something has to happen. He warns that the question of timing is uncertain; any time could be the moment, though it may not be tomorrow. He anticipates continued price inflation and more trouble within the country because a system that distorts wealth distributes it unfairly—wealthy people become richer, the poor poorer, and the middle class wiped out. He observes the middle class has been conditioned by the economic and educational system, with average people saying they need money and asking for checks, noting that money created “out of thin air” is the real problem, leading to distortion and a political tragedy where the rich get richer and the people get angrier.
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Full Transcript
Speaker 0: Do you think this administration could finally remonetize gold either through a gold backed treasury instrument as my friend Judy Shelton suggests or by simply marking it to market at 2,900 an ounce on on the balance sheet? Speaker 1: Yeah. It should be. The the gold should be due returned to the people. You know, one day I asked Bernanke in committee. I said, is is gold money? Do you think gold is money? No. It's not money. It's Even if it has been money for six thousand years, somebody reversed that and eliminated that economic law. Well, it's it's, you know, it's an asset. I mean, it's same the would you say treasury bills are money? I don't think they're money either, but they're financial assets. Why do central banks hold it? Well, it's a form of reserves. It's a form they hold diamonds? Well, it's tradition. Long term tradition. You know, some people still think it's money. I yield back. My time is up. And he paused. He said, no. And I said, well, why does the central bank own it? And right now, why are they buying it if it's not money? No. And the founders understood this. They had their problems with the continental dollar and runaway inflation. The evidence is so strong that, it's amazing that they have to get around it, but that serves us as a special interest. It doesn't serve the interest of the common person, middle class or the poor, which is always the reason why, well, we don't have quite enough money. We need to print the money. It won't crash anything now even though later on it might. So they do that as a political stunt, but it gets caught up because I started getting interested in this subject in the sixties. And in the sixties, there was warnings by the good economists to watch out. You know, this this $35 on an island said Bretton Woods is guarantee they can't do it. They're printing and printing and printing. So I really watched that. So the day that was really, really hit me because I expected it and knew it, but it still was so shocking. 08/15/1971 because they decided, no, we're we're broke. Our our money is no good. We don't honor the money anymore. We'd already taken it from the American people. Now we're taking it away from the very significant right of foreigners who held dollars, that, we won't ever reimburse them with gold. And that was a big issue, and I, you know, didn't know exactly what would happen, but it ushered at a new age. The the new age and the modern age now of monetary policy and why we're here is the fact that it was declared in 1971 that we no longer would do it. There are no restraints on spending and deficits and both parties would be involved and both parties are, and that we give license to more and more wars. And, it would give license to runaway welfare. It would give license to those who could become corrupt in the justice department and and also run run a system where the people, you know, suffer the consequences of the people in charge. And we've seen all of that, but it's coming to a climax. And if it weren't so bad, it could be exciting. It fascinates me, the way it's going. But even when gold hits $3,000, it's still just shake my head up. $3,000. Even though, if you would have asked me that 25 by well, in 1971, I would say, yeah. I could. Can you get much higher? I still say that. But when it happens, it's still it's a bit shocking. You don't actually did go up that much. The system the current system is over. Something has to happen. But, a lot of people say, well, when when is that gonna happen? I better adjust my way. I said, just assume it could be any time. And we I I every day, we're one day closer to it, but I don't think it is gonna be tomorrow. I think we're gonna have still a lot of this price inflation going up and a lot of more trouble within our country because a system like this, causes a maldistribution of wealth. The wealthy gets wealthier, they get wealthier, and the poor get poorer. The middle class gets wiped out, and that's that's where we are. And yet, the middle class has been so conditioned by the economic system and as an education system, what are the what are the average housewife people say? They'll come they'll come to my office and say, we need money. We we need you to send me money. Send me a check. Of course, that that money out of thin air is is what the problem really is. It's distortion and the tragedy, the political tragedy, the rich get richer and the people get angrier.
GoldTelegraph_
Posted - March 18, 2024 at 8:46 PM
Saved - March 19, 2024 at 10:15 AM
reSee.it AI Summary
Morgan Stanley warns that US stocks are at risk due to a potential shift in the dollar regime. Deteriorating relations with China, the end of yield curve management in Japan, and rising Bitcoin and commodity prices indicate the currency's run may be reaching its limit.

@GoldTelegraph_ - Gold Telegraph ⚡

BREAKING NEWS MORGAN STANLEY WARNS UNITED STATES STOCKS AT RISK IN DOLLAR REGIME SHIFT People are waking up.

@GoldTelegraph_ - Gold Telegraph ⚡

"Deteriorating relations with China, the end of yield curve management in Japan and rising Bitcoin and commodity prices suggest the currency’s run might be hitting its limit..." Source: https://www.bloomberg.com/news/articles/2024-03-18/morgan-stanley-s-shalett-warns-us-stocks-at-risk-in-dollar-regime-shift

GoldTelegraph_
Posted - December 29, 2023 at 6:35 PM
Saved - December 30, 2023 at 5:32 AM

@GoldTelegraph_ - Gold Telegraph ⚡

South Africa’s envoy says BRICS is set to double as Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, and Egypt will join on January 1. Here comes 2024.

GoldTelegraph_
Posted - December 29, 2023 at 1:29 AM
Saved - December 29, 2023 at 5:26 AM

@GoldTelegraph_ - Gold Telegraph ⚡

Walmart is now offering gold bars. Move over Costco. Hello gold rush? @DanielaCambone @Frank_Giustra

GoldTelegraph_
Posted - December 15, 2023 at 4:56 AM
Saved - December 15, 2023 at 10:48 AM
reSee.it AI Summary
Costco's latest quarter saw the sale of $100 million worth of one-ounce gold bars. To keep up with demand, members are limited to purchasing two bars online. The buying frenzy continues unabated.

@GoldTelegraph_ - Gold Telegraph ⚡

BREAKING NEWS COSTCO SOLD A $100 MILLION WORTH OF ONE-OUNCE GOLD BARS IN ITS LATEST QUARTER $100 million. The hits keep coming.

@GoldTelegraph_ - Gold Telegraph ⚡

“In an effort to keep the gold in stock, Costco members are only allowed to purchase two bars each and can only buy them online — but the buying frenzy hasn’t shown any signs of slowing…” Source: https://nypost.com/2023/12/14/business/costco-sold-100-million-in-gold-bars-last-quarter-cfo-says/

Costco made $100 million off this golden item alone in most recent quarter — just 2 per customer Costco sold a jaw-dropping $100 million worth of one-ounce gold bars in its latest quarter, the company’s CFO Richard Galanti said in an earnings call this week, according to Business Insider. nypost.com
GoldTelegraph_
Posted - October 17, 2023 at 10:39 PM
Saved - October 18, 2023 at 10:41 AM

@GoldTelegraph_ - Gold Telegraph ⚡

BREAKING NEWS BANK OF AMERICA HAS REPORTED UNREALIZED LOSSES OF $131.6 BILLION ON SECURITIES IN THE THIRD QUARTER $131.6 billion. This is not a drill.

GoldTelegraph_
Posted - October 16, 2023 at 5:15 AM
Saved - October 16, 2023 at 11:37 AM
reSee.it AI Summary
The Bank of Japan's ownership of 53% of the country's government debt and $248 billion in domestic equity exchange-traded funds is a clear indication of the demise of free markets. It's like witnessing a real-time game of Monopoly. Remarkable.

@GoldTelegraph_ - Gold Telegraph ⚡

The Bank of Japan now owns 53% of the country's outstanding government debt. Free markets died a long time ago.

@GoldTelegraph_ - Gold Telegraph ⚡

The Central Bank of Japan has purchased $248 billion in domestic equity exchange-traded funds since 2010. This is remarkable. A modern-day game of Monopoly in real-time.

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