Transcription
China is buying gold at the highest rate in approximately 7 months. China's role with gold and major wars await in the future. How do you view China's strategy?
[Music] >> The information I have received about why gold has been falling continuously is that the central banks of many countries are selling gold. The reason is that their countries lack liquidity. They need to sell gold to bring back liquidity because the economy is currently declining worldwide. Inflation is soaring, the energy crisis is escalating, leading to increased expenses, which causes an oversupply.
[Music] >> China is the big brother of the SCO group and the BRICS group. China is definitely confident that it will use gold, or the gold standard, to guarantee the digital Yuan.
[Music] >> This is the reason why the BRICS group has been aggressively buying gold in the first year. And actually, the price of gold did not fall beyond expectations because last year it rose by over 100%. But when it fell, it only dropped by 30%.
[Music] >> They believe that soon the price of gold will return to its all-time high again because, don't forget, each central bank is buying gold to stockpile. If the price of gold falls, it makes their assets decrease. Our goal is to take this channel to 1 million subscribers. Please subscribe. We now have YouTube Membership. By subscribing, you will receive exclusive content and seminars from PRP.
[Music] >> and Team Business Tomorrow. >> Ah, and Guitar, based on the information I have, about why gold has been falling continuously, the most likely reason is that the central banks of many countries are selling gold. Guitar, the reason is that their countries lack cash, lack liquidity. They need to sell gold to bring back liquidity because the economy is currently declining worldwide. Inflation is soaring, the energy crisis is escalating, leading to increased expenses, which causes an oversupply. But I believe that gold will eventually return because it is a safe haven asset. But today, gold has fallen significantly. I have researched extensively, and the most plausible reason is >> Yes >> people are selling gold to bring liquidity back into the country because gold does not earn interest, right? >> Yes >> Gold is merely an asset that guarantees the country's stability. Therefore, when liquidity is needed, another possibility is SpaceX's entry into the stock market. People sell gold to subscribe to SpaceX's IPO. >> Yes >> But today they suffered heavy losses, didn't they? Because SpaceX did not perform as expected. >> These are two major reasons. The next reason is the lack of liquidity in each country, especially in the Middle East, which has suffered greatly. And the Middle East holds a lot of gold. The countries that have sold a lot of gold are Turkey and Saudi Arabia. Therefore, as I said, everything I have said has a cause and effect. So, viewers and listeners, take my reasons and analyze them to plan for yourselves, whether it's for your business or your finances.
>> Yes >> But don't believe me. >> Yes. There is information that China is buying gold at the highest rate in approximately 7 months. How do you view China's role with gold, and especially if a major war were to occur in the future? How do you view China's strategy?
>> I see it this way: China is the big brother of the SCO and BRICS groups. China is definitely confident that it will use gold, or the gold standard, to guarantee the digital Yuan, or digital currency of BRICS. They have stipulated that the digital currency issued will use the gold standard, and the settlement of the digital Yuan, or digital currency, can be done using the assets of each country. This means that if we have rare earths, rice, or agricultural products, and if there is a surplus or deficit, these can be used. Or countries that have forests, countries that have oil, can use them. It doesn't necessarily have to be only the gold standard.
>> Yes >> But the gold standard is the main one. This is the reason why the BRICS group has been aggressively buying gold in the first year. And actually, the price of gold did not fall beyond expectations. Why? Because last year it rose by over 100%, Guitar. But when it fell, it only dropped by 30%. And they believe that soon the price of gold will return to its all-time high again. Because, why? Because, don't forget, each central bank is buying gold to stockpile. If the price of gold falls, it makes their assets decrease. This is the reason.
>> Yes. But what we have discussed are hypotheses that you have analyzed based on your military expertise and military indicators. Is there anything that could deter a major war, or is there anything that, if it happens, would change your assessment that war will not occur in the next 6 months?
>> Well, if the United States accepts the situation, meaning the US controls the American continent, whether it's Cuba, Mexico, Venezuela, or Greenland, then it's over. They let Europe stay in Europe, and China stay in Asia. Do you think that's possible? It's a division of territory. Let's say they divide themselves as superpowers, each region for itself, and don't interfere with each other. Do you think that's possible, Guitar?
>> If it's possible, then everything is over, right?
>> Yes >> So, Xi Jinping controls Asia, Putin with the EU controls Europe, Donald Trump goes to control Greenland, Venezuela, Cuba, Mexico.
>> Brazil, what? Do you think that's possible?
>> Ah, India cooperates with China to manage Asia. Ah, I think it's possible. If it were like that, there would be no conflict. But generally, I tell you, those who rise to become superpowers see the whole world. And they don't just see the world, Guitar, they see the oceans too.
>> Don't forget that the land area is smaller than the sea area.
>> Yes >> So, look at the South China Sea. How can they fight there? Japan and the Philippines are discussing defining their exclusive economic zones with many continents. China says, "Hey, how can you define this? The South China Sea is also partly mine." So, China sends its naval forces. Do you think that's right? And the United States, which has dominated the world, do you think they will accept this? And someone like Donald Trump, he won't lose face. Observe his behavior. He's still talking about success and victory. Iran is begging. Actually, I believe he is a politician in the world who dares to say this.
>> Yes. But from 100 years ago, when World War II occurred, the economy has grown much larger, and the interconnectedness of the global financial system has also become much larger. And there is also technology, AI, entering the picture. If a war occurs this time, how severe will the damage be to the entire economic system and the global system?
>> I see it this way: If it's not prolonged, it will be a heavy blow but recoverable. But if it becomes prolonged, I think it will be a deep dive. Because nowadays, you have to understand that it's a global business, it's a global economy. The most feared thing is the supply chain. If the supply chain collapses worldwide, that's the big problem, Guitar. But people, do you understand? When people become powerful, they can become arrogant. Look at Hun Sen. For example, close to you, Hun Sen has been in power for about 40 years. Now he is doing everything wrong, but he persists. Do you see that?
>> Yes >> And the worst thing is, instead of stepping down and letting others come in, because he has ruined Cambodia, he is still bringing his son to further ruin Cambodia. Do you see that? Or, countries that are dictatorships in the world, why do you think Hitler? Ah, Hitler, at that time, if he had only invaded Europe, he would have won. England, France, and that's it. He would have established stability and rebuilt the country. I believe Germany would have become the world's master. But why didn't Hitler stop? Hitler kept invading, invaded Russia. What was the reason to invade Russia? Because at that time, Russia was not ready to fight Hitler.
>> And when Hitler fought Russia, in St. Petersburg, in the city of Leningrad, do you know that in Russia, the front line soldiers ran with guns, and the back line had no guns? Because Russia lacked weapons. When the front-line soldiers were shot and died, the back-line soldiers picked up the guns to fight back.
>> Yes >> You see, there is a reason why Japan had to bomb Pearl Harbor, even though the United States wanted to enter the war but had no reason to. Everything is possible, Guitar. Regarding people, you have to understand that humans, you can read things, but you cannot read minds.
>> Yes >> So, a husband and wife who have loved each other for 10 years and are getting divorced after 6 months of marriage, I ask you, because you cannot read their minds, right? Similarly, in this world, this happens, Guitar. So, if it doesn't happen, it's best. But when I appear on your show, I will say, "Oh, hey, the United States, Japan, China, Russia, Iran, they will kiss and make up. Don't worry too much." Why would I come out and say that?
>> Yes >> But the reason I come out and speak is that I see how we can prepare if it happens. If it doesn't happen, you don't need to prepare. You can just proceed normally, right? But if it happens, how do we prepare?
>> That's exactly why we do this show and analyze it, right?
>> Yes. Exactly.
>> That's why I say don't believe me. Just listen to my reasons. Because nowadays, there are digital footprints. You can rewatch it a hundred times. You can listen and see if General Rangsi is talking nonsense or if the information is correct. I am happy to be verified. But I think if my information is beneficial, and the listeners today, whether they listen a little or a lot, use it to adjust their lives, and if it actually happens, they can cope with the situation, then I still have some benefit to the Thai people in this country. That's what I think. I don't want to be famous or popular. But since I have experience, I will talk about it in a coffee shop with friends, chat, and go home. It's useless.
>> But don't be superstitious.
>> Don't believe me. I used to like listening to people analyze things. If someone was talking nonsense or had bad information, I would stop listening to them. I give them no more than 3 chances. It's like if I talk nonsense, you don't have to listen to me anymore from now on, right? But if I speak, and it seems plausible, then you can follow me. I am willing to find information, which is very difficult, Guitar. Analyzing future events is extremely difficult.
>> It's extreme. Yes. Some people don't understand that this is boasting, fantasizing. Future events are extremely difficult to predict. I think even Xi Jinping, Putin, Khamenei, even Donald Trump doesn't know what will happen in the future. To have the power to make decisions in a certain part, because it depends on what? The factors, the components, the environmental conditions, the pressure of the problem, right? That's how analysis comes out. Right now, you and I are like spectators watching a chess game. The player sometimes doesn't know how they made a wrong move, but the spectator sees it.
>> Yes >> Because they are not stressed, they see both sides, right? But generally, when people have power, they only see their own side, Guitar.
>> Yes >> That's why a coin has two sides. You have to make two sides. Why make only one side of the coin?
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