WAF 0.00% $1.61 west african resources limited

Donald Trump has been in favor of returning to a gold standard....

  1. 242 Posts.
    lightbulb Created with Sketch. 12

    Donald Trump has been in favor of returning to a gold standard. Trump's nomination to a vacant position on the Federal Reserve is Judy Shelton who has also indicated a return to a gold standard. Her appointed is yet to be confirmed. Any economic decision making is now believed to be by the US Treasury removing dependency from the Federal Reserve. The head of the US Treasury is Steven Mnuchin appointed by Trump.

    Reuters reported on 26 May "... Swiss exports of gold to the United States leapt to 111.7 tonnes in April — by far the biggest monthly total on record — while shipments to other destinations dwindled ....".

    Following articles provide an insight into a gold standard:

    https://www.cato.org/blog/classical-gold-standard-can-inform-monetary-polic

    https://www.sciencedirect.com/science/article/abs/pii/S1062976920300302

    DYOR

    Furthermore this may put a smile on you face as there is 83 tons of gold missing:

    https://www.businesstoday.in/current/world/biggest-gold-fraud-busted-in-china-83-tons-of-fake-gold-bars-used-as-loan-collateral/story/408497.html


 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Last
$1.61
Change
0.000(0.00%)
Mkt cap ! $1.654B
Open High Low Value Volume
$1.63 $1.64 $1.59 $3.399M 2.113M

Buyers (Bids)

No. Vol. Price($)
2 5508 $1.60
 

Sellers (Offers)

Price($) Vol. No.
$1.61 126757 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.