Postcards from the Clown Show

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Business Insider: The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

https://www.businessinsider.com/ded...-pboc-central-banks-buy-gold-inflation-2024-5

China's economy is in a funk, and people are rushing out to buy gold as a safe-haven asset to hedge against economic uncertainties, sending prices of the precious metal to record highs.

The country's central bank has also gotten into the act, adding 60,000 troy ounces of gold to its stash in April, according to official data released Tuesday. It marked the 18th straight month the People's Bank of China added to its gold reserves.

But it's not just about economic uncertainty. The heightened interest in gold is also a pushback to the strong US dollar, which is making it too expensive for emerging nations such as China to import goods.

The US Dollar Index — which measures the value of the green against a basket of six other currencies — has risen 4% this year and 10% since the start of 2022. This is because of the Federal Reserve's interest-rate hikes since March 2022, which tend to strengthen the dollar.

The Chinese yuan has lost 1.6% against the dollar this year to date. It's down 4% over the past 12 months and about 12% lower against the greenback since the start of 2022.

Other central banks are also loading up on gold. The World Gold Council wrote in a report last week that big gold buyers included China, Turkey, and India.
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Occam's Banana said:
https://twitter.com/ThePublicaNow/status/1778869474524877193
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Gay Spanish Politician With Left-Wing Governing Party Resigns After Photos Circulate Showing Him Eating His Own Feces
https://www.thepublica.com/gay-span...s-circulate-showing-him-eating-his-own-feces/
{Jack Hadfield | 12 April 2024}

A gay Spanish municipal councillor has resigned from his position after photos were publicized of him eating his own excrement as part of a scat fetish.

Daniel Gómez del Barrio served on the council for Illescas, a small town of around 30,000 people just south of the country’s capital. He represented PSOE, the main left-wing party in Spain, whose leader is currently the Prime Minister.

In mid February, photos and videos of Gómez were shared that he had posted on social media accounts and pornographic websites. In one video, the councillor, who is in his late twenties, is seemingly naked on the floor and eating his own feces.

A report from French news source FDS claimed that the politician was offering himself up for sexual use, and described himself as wanting to be “exposed, humiliated, degraded.” He also described his desire to “eat c*cks, be a whore, and be used as a urinal,” with El Diairo also claiming he referred to himself as a “sexual slave.”

According to ABC Spain, Gómez reported the leaking of the photographs and videos to the police, who began investigating the matter. He attended the February council meeting “with total normality,” where the leaks were only a “residual issue,” a source told ABC Spain. However, on March 22, more photographs of the councillor began to spread around the town during the traditional Palm Sunday celebrations, and “nothing else was talked about” by the residents of the small community.

Another source suggested that further images of Gómez were available on the internet, where he was naked and his official council ID was allegedly visible.

On March 27, Gómez was forced to resign, and was dismissed from his position as the town council’s head of youth, children and families by mayor José Manuel Tofiño.

Since his resignation, the young councillor has left his family home in the town where he resided with his parents. His father, a former police officer, retired the same week in February that the photos and videos were initially leaked.
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Occam's Banana said:
[...]

https://twitter.com/EudaimoniaEsq/status/1758622447899639835
& https://twitter.com/Allodoxaa/status/1758637272206082490
Q8cIYZP.png
Click to expand...

//

Anti Federalist said:
https://twitter.com/Klaus_Arminius/status/1790869971028812095
Click to expand...
 
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