Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "maneco64"
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💰 China and Saudi Arabia announced a 50 billion yuan swap line for non-oil trade, challenging the Petrodollar.
00:54
China and Saudi Arabia announced a 50 billion yuan swap line for non-oil trade.
🔔 The video discusses the importance of being self-reliant and not relying on the state, as well as the impact of the Petrodollar on the global economy.
04:15
The speaker emphasizes the need for individuals to be self-reliant and not depend on the state.
The video covers the significance of the Petrodollar and its impact on global currencies.
The speaker has been discussing the Petrodollar for several years to warn Americans and the rest of the world.
📜 The video discusses the importance of the Petro dollar deal and the security cooperation agreement between Russia, Saudi Arabia, and China.
08:52
The security cooperation agreement between Russia, Saudi Arabia, and China was signed shortly after the US left Afghanistan.
The Petro dollar deal ensured that Saudi Arabia would sell its oil in dollars, maintaining demand for the currency.
The US dropped the gold standard in 1971, leading to the need for the Petro dollar deal to maintain the demand for the dollar.
💰 Saudi Arabia is seeking to strengthen its relations with China as part of an effort to diversify its economy away from energy.
13:24
Saudi Arabia is the world's largest oil exporter and is looking to diversify its economy.
The country is seeking to strengthen its relations with China.
Saudi Arabia may eventually price oil in its own currency and not use the US dollar for trade.
💰 The dollar is down against multiple currencies, including the yen and the Chinese yuan, which could potentially benefit gold and silver.
18:05
The dollar index could go down to 90, which would still be above its all-time low from 2008.
Gold has gone up 100% since 2008, while the dollar index has gone up 48%.
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📉 The video discusses the impact of a gold-backed trading currency on the economic and political freedom of the BRICS nations, and challenges mainstream reports on China's deflation.
00:00
Discussion on the potential impact of a gold-backed trading currency on the economic and political freedom of the BRICS nations
Challenging mainstream reports on China's deflation and providing alternative perspectives based on personal connections in Hong Kong and China
🌐 The speaker discusses the potential of BRICS countries and the importance of economic freedom.
03:32
The speaker is skeptical about the idea that BRICS countries will become great places to live or have strong economies.
They emphasize the importance of economic freedom over political freedom in a free society.
📚 The video discusses the book 'The War on Gold' by Anthony C. Sutton and its connection to economic and political ideas in totalitarian societies.
07:19
The book discusses the discipline of gold and its relationship to economic and political ideas in totalitarian societies.
The Nazi state and its proposed program of world domination declared war on gold as a final stage.
⚒ The video discusses the use of gold in Soviet socialism and its impact on the economy and military power of the USSR.
10:32
Stalin recognized the contribution of the California Gold Rush to American industrial development and introduced a similar gold mechanism to advance Soviet socialism.
The Soviet Union confirmed its faith in gold for external use by issuing the first gold coin since 1923, using it to purchase technology and food to overcome internal deficiencies.
Gold is seen as a double-edged weapon by the Soviets, used to build a totalitarian society internally and advance Soviet-style imperialism externally.
💰 The video discusses the current status of gold, silver, Dow futures, NASDAQ 100 futures, S&P futures, and currency exchange rates.
14:03
Gold is testing the 2000 level and is just below at $1,997
Silver is slightly up at $23.05, with Dow futures down 25 points
The dollar has rebounded against the Yen due to weak economic data from Japan and less hawkish comments from the Bank of Japan Governor
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📚 Doug Casey discusses aphorisms, his ranch in Argentina, and his philosophical approach to government.
00:00
Lenon's aphorism about years and weeks
Doug Casey's philosophical approach to government
Doug Casey's ranch in Cafayate, Argentina
🗳 Discussion about political figures, cultural conservatism, and the idea of a third party in the US.
05:45
Opportunist willing to impose ideas on the body politic but a cultural conservative.
Bobby Kennedy building momentum as a decent human being in politics.
Discussion about the idea of a third party and the ongoing culture war.
📈 Doug Casey discusses the legalization of gold and its impact on the economic and financial future.
11:37
President Ford legalized gold again on January 1st, 1975, after it had been banned by FDR since 1933.
FDR's ban on gold was considered a criminal default, and the US could no longer support the $20 price per gold.
🌍 The video discusses the impact of indirect taxation on fuel prices and challenges the belief in climate change hysteria.
16:36
The belief in climate change is compared to a mass hysteria and is criticized as being worse than a religion.
The speaker challenges the misconception about the percentage of carbon in the atmosphere and its impact on plant life.
The video emphasizes that the climate has been changing for billions of years and carbon is not an enemy element.
🎓 American universities are criticized for their high cost, potential financial burden, and ideological influence.
22:19
Attending a top university in the US can cost around $300,000, leading to financial strain and potential indoctrination.
University teachers are often described as socialists, marxists, or collectivists, influencing the beliefs of students.
The influence of universities has extended to high schools and grade schools, contributing to a pessimistic view of civilization.
💰 The video discusses the profitability of gold mining and the history of South African gold stocks.
27:14
Gold mining is currently a profitable business with stocks yielding dividends.
The speaker had success with South African gold stocks in 1976 despite initial concerns about the country's stability.
The drastic drop in gold prices in 1976 had a significant impact on the South African gold stocks.
⚖ The speaker discusses the sincerity of someone's desire to abolish the state and the role of coercion in society.
32:50
The speaker believes that the person is sincere about wanting to abolish the state.
The state is described as congealed violence and coercion, and the need to limit coercion in society.
The role of a police force, army, and court system in a civilized society with a state is discussed.
💰 The video discusses various topics including the spike in the price of silver, political history in South America, and trading futures contracts.
38:52
The conversation also touches on the political history and impact of leaders like Pin in South America.
The speaker discusses the potential of taking advantage of a large spike in the price of silver through futures contracts.
The risks and benefits of trading futures contracts for silver are highlighted, particularly for non-professionals.
📉 The video discusses how Argentina's economic and legal system declined over the years, starting from its prosperous state 100 years ago.
44:12
Argentina was one of the most prosperous countries in the world 100 years ago
The decline started with the increase in the size of the state by President Irigoyen in the 20s, followed by Juan Peron's regime during World War II
The country's standard of living declined significantly, with difficulties in accessing basic services like telephones even in the 80s
💰 The video discusses the Federal Reserve as a technically fascist organization and the potential negative impact of digital currencies on individual freedom.
49:59
The Federal Reserve is considered a fascist organization due to its close ties with major banks and the government.
The introduction of digital currencies run by central banks could lead to a loss of individual freedom as all transactions would be monitored by the government.
🏙 The video discusses the concept of ownership and living in big cities.
55:11
The concept of ownership and the idea that securities like stocks and bonds may not truly belong to the individual is discussed.
The speaker discusses the pros and cons of living in big cities like New York, London, Paris, and Buenos Aires.
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