Recorded 3 months ago

youtu.be/UQZdq-D0Tsc

There are people who like to blind you with science. Then there are those who understand speak with simplicity and clarity.

Those who continue to support western economic, financial and geopolitical decisions will be the first ones to be foaming at the mouth when even they can't deny the reality unfolding, that they currently refuse to accept.

The big difference is that if western governments has listened to us and others there would have been no war, no tragic loss of lives on both sides, the destruction of the nation state of Ukraine and the economic and financial wreckage of the west etc etc.

So the west also finally admits that Russia could economically survive no gas exports to the EU for 12 months with no adverse consequences, not withstanding it is already diversifying its markets.

Scientists from MIT have created an aluminium-sulphur battery which has the potential to revolutionise the battery market and replace lithium.

India alone intends buying third of global silver production this year and silver remains in backwardation for weeks and yet we are supposed to believe there is a lack of physical demand

As ever paper markets bear no resemblance to physical reality. Reality will consume illusion

Whole point of owning gold/silver is that you are taking out an insurance policy against all eventualities that could impact your wealth. Rather like household insurance you hope house doesn't burn down and you certainly don't wait to take out insurance when house has burnt down.

Owning gold/silver is not about accruing FIAT profits it is about protecting and potentially enhancing your purchasing power in the future. The latter because assets valued on the basis of FIAT bubbles are grossly overpriced currently.

Remember the energy price cap the west insisted would be implemented and crush Russian energy earnings?

IEA:

Russia's oil production hasn't fallen as much as previously expected because it managed to find new markets outside Europe and domestic demand remains robust.

Anyone with an objective viewpoint knew this was going to be the case months ago.

In a major development, Venezuela and Colombia have restored full diplomatic relations.

US winning again.

Crude inventory in US emergency reserves fell by 3.1m barrels in the week ending August 26th to the lowest level since 1984.

Whilst Russia stated it was increasing Russian forces by ~130k by 2023 it actually relates to a plan implemented in 2018, with these increases to be put in place in 2023.

Turkish media is claiming American companies that have left Russia are now seeking to circumvent the sanctions imposed by offering Turkish companies commission to conduct trade on their behalf with Russian counterparts.

So according to western China experts the indebtness of Chinese people was a problem for commercial banks but because lenders are paying down their debts this is still a problem for commercial banks because people aren't lending and instead saving.

😂😂

China’s investment in R&D was 2.8tn yuan ($403.6bn) in 2021, up 14.6% yoy, accounting for 2.44% of GDP.

Beijing govt's biggest expenditure is in education at 15.5% of its annual budget.

They understand the foundations upon which a nations future development depend.

Austrac Orders Appointment of External Auditor for Perth Mint

Austrac said auditor will be authorized to assess Gold Corp.’s compliance with AML/CTF Act and Anti-Money Laundering and Counter-Terrorism Financing Rules, the regulator said in a statement.

https://news.bloombergtax.com/financial-accounting/austrac-orders-appointment-of-external-auditor-for-perth-mint