Youtube hearted comments of ☨St Louis IX opposed paganism, hæresy \x26 debauchery (@stlouisix3).
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G'day, Mario. Good interview. The central-banking system loves inflating the currency supply as your informative videos have proved. Timestamps:
💰 Experts discuss the uncertain future of the economy, the importance of preparing for financial crises, and the potential for a major market shakeout in the coming year.
00:10
Central banks are stockpiling gold in preparation for economic uncertainty.
The first quarter of next year may see a significant market shakeout, presenting a trading opportunity.
The next 12 to 18 months are predicted to be difficult, requiring a fully liquid approach to investments.
💰 The speaker predicts a global recession, sharp inflation, and a significant impact on the economy by 2025.
04:03
Prediction of a global recession and the FED being forced to pivot due to recessionary trends, treasury market, and wars in Europe and the Middle East.
Anticipated sharp inflation in the second half of 2025, with food prices soaring and oil supplies being disrupted.
Expectation of global inflation over 10% and 10-year treasuries yielding closer to 13%, leading to a significant impact on the global economy due to high leverage.
💰 China's private and public gold holdings are significant, potentially leading to backing the RMB with gold in the near future.
08:53
China's general public and financial institutions own around 25,000 tons of gold, valued at about 1.22 trillion dollars.
China may back the RMB with gold within three years, using the significant gold holdings as a cushion for the currency.
This move could potentially support China's exports and strengthen the RMB's position in the global economy.
📈 The video discusses China's economic outlook, potential growth in nominal GDP, and Saudi Arabia's investment plans.
13:40
China's nominal GDP is expected to rise to around 6% next year, indicating a potential recovery.
Saudi Arabia is looking to invest up to a trillion dollars in projects, including the neom city projects, with a focus on building relationships with Hong Kong for investment funds.
China holds a substantial amount of gold, estimated at 50,000 tons, including government entities and the central bank.
🌍 The discussion covers the UK's perceived insignificance in foreign policy, the Chinese perspective, and the surprise of the election outcome in Argentina.
17:55
The UK's perceived insignificance in foreign policy and its desire to punch above its weight
The Chinese perspective on the importance of the UK in relation to China
The surprise of the election outcome in Argentina and the speculation surrounding it
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