China Says They Shut Down Gold Trading To Protect You — That's Not Why — We Had To React

You know the price of gold is going to tank big time when YT is getting flooded with 30k gold shills.

Oh cry me a river!! Boo hoo hoo ... China so bad, dare to protect its own backyard. Dun be a US hawk!!

18:36 this is why I hold gold AND Bitcoin, Bitcoin's whole concept is that it's trustless - "don't trust, verify"

He owns no gold and he knew what the Chinese were up to in 2012.

If everyone is buying who is doing all the selling?

Was it China that made it illegal to own gold...?
Hmmm...
NO!
It was USA! 😂🤡

Keep your Cooper/Silver colonial coins... They can be used for bartering after they go digital.

you have to look at chinas 100 year plan and the ultimate goal of achieving communism, which is where the state leaves the picture, including money. you are correct they want to remove the need for a central bank as that is fundamental to achieving communism, where society dictates the price and its fluctuation rather than incessant expansion.

TOM!!! they are not getting rid of physical gold backed etfs, you still can gamble easily on the price of gold but the fund has to back your investment 1to1 and in some gold ETFS is redeemable physically, we have one of these in australia as well PMGOLD etf. its not like you cant bet on gold using yuan, you still can its just that vehicle of investment has to back itself with gold. so its not as really innane as it sounds.

you should look into brics more, eventually they want the yuan or UNIT to be backed by gold 200day sma and or backed by a group of commodities sma.

The paper market in the USA hasnt been shut Dn yet because they hold too much paper @ low prices .. that’s why it’s being manipulated

In Australia we are being stopped from buying crypto and gold - our banks 🙄, not your money because once you deposit it - it’s not yours .. fact

Fractional banking is the issue !!
Debt based system !! and next we are going to have crypto - the banks have set up the rails .. once the clarity act is signed it’s all systems go

They’re all in it together .. can’t people see this 😂 they all have a role to play - USA RUSSIA CHINA

34:30 effectively starving the system. Would help fight acceleration and facilitate assessment of the reality of the difference between spot and paper.

Man,i dont hold any gold at this pointwords by andre ?!so happy to see im ahead of the curve and did not purchase any digital currancy andre is not a good person he has been trying to sell shitcoin for years now?! Glad i didnt listen and followed my gut.

This is why i always take my gold home with me and self custody my bitcoin.

China shut their money supply to slow the economy in order to lower oil demand due to the Hormuz blockage and it slowed the gold buying.
That’s not about to change anytime soon.

Why would you be concerned about more claims on a gold bar than 1? This is not a Pokemon card. It's a chunk of elemental table that can be divided up equally between claims against it. What's the issue?

I follow this guys channel on another profile, and get some benefit from it, but its about as unbiased as Aljazeera or Cnn. I wonder if he makes most of his $ from a government or marketing firm working for a certain government. It makes it hard to discern what in his narratives are true and untrue.

As we seen and Gaza USA and its allies DONT have a moral compass anymore ... Not to mention Trumps nuke promises to Iran ....

Alternative is just TRUST the US government and the elected? Isn’t it a clear choice for even an elementary school student?

The most valuable commodity has been TULIPS- Bulbs in Canada at a time before..

usas allies stand with china the world wants commodity backed currencys. 8 billion vs 350 million

It seems to me that there are unnamed people(families) of power that really run the world. They directed Biden to weaponize the US dollar in order to destroy its world currency status. Now Trump wants to re-shore US industry through higher tariffs. The leadership of the US doesn’t want the US dollar to be the world currency anymore because this forces the country to go into great debt that they cannot afford to pay the interest on it any more.

You guys the perfect example of wanna be finance people. China banned paper gold as they don’t want people earn from it and have some financial freedom and/or bump up the price while the ccp if stockpiling up on gold. Furthermore the actual gold production price (where gold price supposed to be if central banks would stockpile it is around $650/oz, add 10-20% on top so the miners and refiners can have aa good payday. The spread between is what it supposed to worth and what the actual price because C banks bumped up the price. If 1.4b (or just 900m as satellite images estime) people would speculate on paper gold the ccp would have front run by the people of china and they don’t want to overpay with their $$.

Silver is a byproduct of gold and good is just as useful for the industry as silver.

So both of you get an D mark sit down and learn history, fiscal and monetary policies and maybe just maybe if you don’t talk much you won’t sound stupid AF.

Credit: running own fund and making 7-8 figures profit per month on commodities

Did you never own an early PC? - the gold was so thick that people hunt for them on flea markets to melt down the gold from the circuit boards! Granted Silver is used more because it's significantly cheaper, not because it's superior in industrial use (in many cases at least)... ...sorry to nit-pick just Andrei has a lot of these interruptions covered, he's a bona-fide pro at this! As you are too no doubt, just Andrei has an almost flawless knack for explaining economics to the earnest listener!...

Of you don’t save in gold and silver you are a fool.

The golden rule.“He who holds the gold makes the rules.”

Been waiting years for China to yank ALL positions in Comex for PHYSICAL. Expose the fraud. We're so incredibly overdue for actual price discovery. Exciting times!

Are you calling the stock market or traders gambling just because you don’t understand it and you’ve said it yourself and your other podcast doesn’t mean that that’s what it is because it is not to take a trade you study and you check the numbers to camp boys just to roll the dice without any study or any technical analysis or any previous preparation before that

Good afternoon Tom when you say, I think he covers this or you say I’m not sure of the exact number of this you are because you have already listened to his interview. You have studied his show. You have studied his podcast. You know exactly what he said, and you took notes from that and you are explaining it to us again.

Good afternoon Tom with all respect boys and girls don’t listen to your kind of podcast. We are adults just like you young adults older adults, but we are all adults.☝️💪🤗

Have you ever heard of XRP.

So why did Japan go to war with the United States because the abuse of the dollar and sanctions against Japan so bad that they could not live that's what the United States is all about no wonder everybody wants to get out under the thumb of the United States😢

China goes for the gold chest and iron Australia

this country has no moral compass!!!

That was oil.

The value of oil in the futures market became negative not tooong after the global COVID shut down. The reason is that oil production can not be stopped overnight so storage capacity was overstressed and oil got a negative value. Particularly in the leveraged oil futures market.

Is gold really that rare or is that a hat trick too?

Gold is not just a fake thing we decided to believe in. You go down to the edge of the river with your gold pan and sluice box, with the sun beating down on your head, and put in the work needed to find the gold. Then defend your gold and your claim from all the scumbags trying to steal it. At that point your thick skull should realize the stuff is rare and has intrinsic value. Was it a coincidence that all ancient cultures saw it as a way to build wealth?

Best info daily! Love your show