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Speaker 1: Hello, and welcome to another episode of the Mark Mas Show.

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Speaker 1: We're always talking about the way the world is rapidly changing,

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Speaker 1: and we're running through some of the latest breaking news

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Speaker 1: headlines this week so you can understand the world what's

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Speaker 1: going on with some better context, and we're going to

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Speaker 1: look at some really big stories. We're going to be

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Speaker 1: looking at what happened in the markets this week. We're

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Speaker 1: going to look at what the heck happened with bitcoin

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Speaker 1: and the cryptocurrency markets, some big moves and some stuff

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Speaker 1: you may not be aware. We're going to talk about

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Speaker 1: what's going on in the gold market, but more specifically

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Speaker 1: what's going on with China the gold market and is

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Speaker 1: it being weaponized against us in the treasury market, the

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Speaker 1: bond market. And then we're going to talk about some

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Speaker 1: new policies that are being rushed through by some of

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Speaker 1: the leadership that will take away some of our freedoms

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Speaker 1: and cause more censorship. So we're going to talk about

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Speaker 1: all that and more. We're going to run through this

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Speaker 1: pretty quickly, but the first stop is Man, it's got

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Speaker 1: to be Bitcoin that's been dominating the news. It's good

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Speaker 1: to see bitcoin, the largest cryptocurrency, the King of cryptocurrencies,

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Speaker 1: and yes, I'm a bitcoin maximist, so we're it's good

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Speaker 1: to see it sort of wake up and sort of

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Speaker 1: start moving again, a monster move all the way up

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Speaker 1: to about thirty five thousand dollars. Now, we had sort

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Speaker 1: of this false move a few weeks ago when there

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Speaker 1: was a false story, a false tweet, a fake tweet.

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Speaker 1: I don't know. Coin Telegraph, one of the largest publications

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Speaker 1: online publications for coup ofc currencies, put out a tweet

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Speaker 1: saying that the Bitcoin ETF was approved, and that pushed

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Speaker 1: the price up. About thirty minutes later that was retracted

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Speaker 1: and so the price pumped and came back down, but

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Speaker 1: it held some of that level there. It was like

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Speaker 1: a fire drill. It was like a test what would happen.

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Speaker 1: But then we saw this week that Blackrock, So Blackrock,

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Speaker 1: of course, you know who Blackrock is if you listen

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Speaker 1: to the show. The Evil Empires I call them semi

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Speaker 1: quasi arm of the government, if you will, has been

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Speaker 1: working on getting a bitcoin ETF through. Now there's several

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Speaker 1: others that are trying to go through as well, but Blackrock, again,

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Speaker 1: if anyone's going to get one through, it's going to

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Speaker 1: be them. And Larry Fink, the head of Blackrock, was

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Speaker 1: on TV this week saying that there's massive demand for cryptocurrencies.

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Speaker 1: They're trying to get this crypto currency ETF through and

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Speaker 1: that people around the world are using bitcoin as a

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Speaker 1: flight to safety. And I think that was very important

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Speaker 1: because I still get comments all the time and feel

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Speaker 1: free to drop them on this video here that bitcoin's

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Speaker 1: a scam and why would I hold bitcoin, and I'm

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Speaker 1: only gonna buy gold, and it's stupid internet money and

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Speaker 1: blah blah blah. Okay, that's fine. Everyone's welcome to their

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Speaker 1: own opinions. You certainly should have your own opinions, and

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Speaker 1: I applaud you for thinking that way. However, I've also

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Speaker 1: believed that success leaves clues, So I try to find

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Speaker 1: who are the most successful people, and I try to

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Speaker 1: find out what are the things they've done. And when

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Speaker 1: you're the largest asset manager in the world, when you're

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Speaker 1: Larry Fink, who has the most acts to the most

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Speaker 1: amount of capital, the ear of the most powerful peace

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Speaker 1: in the world, you're one of the most powerful people

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Speaker 1: in the world. When you're saying that people are starting

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Speaker 1: to go to bitcoin as a flight to safety. That's

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Speaker 1: something that people should probably pay attention to. So you

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Speaker 1: can sit here and say, Larry Fink's an idiot, but

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Speaker 1: if you think he's an idiot, you might be the idiot.

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Speaker 1: It's sort of like when Donald Trump I was running

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Speaker 1: for president back in twenty sixteen, Everyone's saying, oh, Donald

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Speaker 1: Trump's an idiot as well. Really, because he's developed billions

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Speaker 1: of dollars in real estate in the toughest real estate

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Speaker 1: market in the world. He's written multiple best selling books,

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Speaker 1: he has a hit TV show, So he's an idiot,

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Speaker 1: and so sometimes you have to kind of think about

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Speaker 1: these things. And so when Larry Fink says that it's

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Speaker 1: something you should probably look at anyway. So what happens.

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Speaker 1: So Black Rock obtained what's known as a CUSIP number,

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Speaker 1: and basically that number is what you would need to

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Speaker 1: be listed in this as a security. That's a pretty

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Speaker 1: big deal. It shows that it's moving forward. It's gone

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Speaker 1: from just fact, I'm sorry, from fiction into like fact,

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Speaker 1: they're starting to go down this path. And not only

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Speaker 1: did they get to c us IP number by updating

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Speaker 1: the TTF filing, they also had another amendment on there,

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Speaker 1: not just the unique ID but they also said they

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Speaker 1: were going to start seeding the ETF this month. So

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Speaker 1: what that means is if you open up like a

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Speaker 1: new corporation, you open a bank acount, you got to

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Speaker 1: put some money in the bank account. And that's sort

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Speaker 1: of what's going on here. This ETF needs some seeding

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Speaker 1: and so they have to purchase if you what they

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Speaker 1: call creation units in this case it's bitcoin. And so

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Speaker 1: not only did is this moving forward seemingly, I mean,

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Speaker 1: they got the CUSIP number, it's a unique ID that

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Speaker 1: they need for security, and now they're starting to seed

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Speaker 1: the account and that was the big news that really

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Speaker 1: popped it off hard and shows us what's about to

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Speaker 1: come from this. It's a big deal. Now we've also

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Speaker 1: seen not just Blackrock Bitcoin ETF that's moving through, but

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Speaker 1: also there's one from the the Grey Scale Bitcoin Trust. Now,

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Speaker 1: the Bitcoin Trust is similar to an ETF, but it's

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Speaker 1: not an ETF. It's a different type of vehicle, but

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Speaker 1: it's similar in a sense it allows people to buy

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Speaker 1: bitcoin through their stock accounts when most people aren't able

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Speaker 1: to do that. But the Bitcoin Trust, the Gray Scale

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Speaker 1: Bitcoin Trust GBTC, wants to convert over into an ETF

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Speaker 1: and just like all the other ETF applications. The SEC

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Speaker 1: has been delaying these decisions. Now. Just recently a court

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Speaker 1: case said that the SEC's decision to deny it was pernicious.

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Speaker 1: I don't know. They use some big words about it's

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Speaker 1: stupid basically, And now they were forced to actually decide

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Speaker 1: on this, and they've been dragging their feet, and so

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Speaker 1: this week we saw that a court rule that they

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Speaker 1: have to They mandate that the SEC has to rule this.

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Speaker 1: Now they didn't say the SEC has to approve it,

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Speaker 1: but they at least have to approve it deny it.

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Speaker 1: They have to go through with this. They can't drag

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Speaker 1: their feet anymore. So between those two things, it's been

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Speaker 1: a very big deal. And that's what's pushed the price

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Speaker 1: of bitcoin up to new highs, well not new highs,

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Speaker 1: local highs. It is up about one hundred percent just

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Speaker 1: this year. And it's incredible to watch that, specifically at

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Speaker 1: a time when we see the stock markets starting to

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Speaker 1: melt down, we're starting to see these safe haven assets,

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Speaker 1: as Larry Fink called it, starting to really distance themselves.

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Speaker 1: Gold is breaking out, Bitcoin is breaking out. It's pretty interesting.

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Speaker 1: But at the same time as we're seeing this, imagine

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Speaker 1: this contrast. At the same time as we're seeing the

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Speaker 1: sec sort of being pushed into a corner to have

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Speaker 1: to rule on these bitcoin ETFs, we're seeing the largest

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Speaker 1: asset matters in the world, like Blackrock moving to bigcoin ETFs.

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Speaker 1: At the same time as we're seeing this legitimization of it,

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Speaker 1: if you will, we're also seeing the backlash of this.

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Speaker 1: So in the UK, they just passed a bill for

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Speaker 1: seizing illicit crypto. Now this has been put forth a

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Speaker 1: while ago. This bill finally became law on Thursday, after

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Speaker 1: receiving the kings approval. The King really okay, that's another

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Speaker 1: story for another time. But what I think is incredible

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Speaker 1: about this is basically what they're saying is that they

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Speaker 1: can now seize cryptocurrency with no due process. The Economic

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Speaker 1: Crime and Corporate Transparency Bill covers a range of criminal

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Speaker 1: activities from drug trafficking to cybercrime, and the provisions in

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Speaker 1: the bill give broad powers to local cops and will

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Speaker 1: let them seize crypto with criminal links without a conviction.

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Speaker 1: Now in the developed world, yes, in the United States,

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Speaker 1: but under even British common law, we're supposed to be

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Speaker 1: innocent until proven guilty. We're supposed to be given a

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Speaker 1: due process of law. We're supposed to be able to

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Speaker 1: give a chance to defend ourselves. Anybody can allege anything,

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Speaker 1: so we can't just go off with somebody alleges. They

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Speaker 1: have to prove it. And here this is going to

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Speaker 1: let them see crypto without a conviction. It's a big deal.

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Speaker 1: It's a big deal. And at the same time we're

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Speaker 1: seeing this, we're seeing stuff rush through the United States

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Speaker 1: that's sort of does the same thing. The media is

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Speaker 1: using fake information. The media, mainstream media used a story

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Speaker 1: citing information from a company called Elliptic saying that hamas

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Speaker 1: and terrorists were using cryptocurrency to fund terrorism. Mainstream media

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Speaker 1: ran with that, specifically, the Wall Street Journal ran with

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Speaker 1: that report, and then Senator Elizabeth Warren used that information

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Speaker 1: to go pass a new bill, trying to rush it

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Speaker 1: through to again take away your freedoms. Now they Elliptic

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Speaker 1: has gone back and said, well, you have the data wrong,

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Speaker 1: that's not what they said. But yet they haven't gone

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Speaker 1: back and changes. So on one hand, we're seeing the legitimization

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Speaker 1: of bitcoin through the Bitcoin ETFs, black Rock, Gray Scale, etc.

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Speaker 1: And at the same time, over here. We have laws

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Speaker 1: being passed in the UK and even here in the

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Speaker 1: United States that once you try to limit your ability

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Speaker 1: to access that. In my opinion, where this frames up

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Speaker 1: is they want you to have it, but only in

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Speaker 1: the hands of custodians. They don't want you to have

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Speaker 1: it on your own. But that's the battle. We'll see

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Speaker 1: where that shapes up. If you're just tune in your

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Speaker 1: listening to the Mark mass Show, we're talking about some

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Speaker 1: of the latest breaking news headlines this week, so you

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Speaker 1: can understand the world in greater context as we look

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Speaker 1: at through the lens of politics, finance, and technology. We're

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Speaker 1: back with a whole lot more stories in a minute

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Speaker 1: after a very short break. Don't go away, I'll be back,

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Speaker 1: all right, Welcome back. If you just tune in your

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Speaker 1: listening to the Mark Maus Show, we're running through some

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Speaker 1: of the latest breaking news headlines this week. And I

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Speaker 1: did a whole segment earlier on how wars are being

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Speaker 1: used for censorship. So we've talked about that, and I

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Speaker 1: talked about why war or why censorship is needed and

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Speaker 1: it's needed to control the narrative. Now I want to

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Speaker 1: talk about something more specific right now, and this is

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Speaker 1: in the late breaking news section, and what we're seeing

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Speaker 1: is a pretty big deal. What we're seeing is a

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Speaker 1: company called Consortium News and news Guard and the Pentagon

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Speaker 1: and all of the coming together. So what am I

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Speaker 1: talking about. Well, Consortium News is a news website focused

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Speaker 1: on foreign policy. Is founded by an award winning journalist

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Speaker 1: who helped break the Iran Contra story in the eighties.

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Speaker 1: So that basically broke open all the corruption in the government.

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Speaker 1: How the government was involved in Iran Contra. So, if

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Speaker 1: you remember back in the eighties, Oliver North, basically the

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Speaker 1: United States government, Yes, the government was literally, yes, taking

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Speaker 1: cocaine from Central America and bringing it to the United

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Speaker 1: States and dumping it on the streets at the same

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Speaker 1: time as the government's also fighting a war on drugs. Interesting, right,

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Speaker 1: So the bringing cocaine here, selling it, getting the cash,

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Speaker 1: going to Iran, buying weapons, and then bringing the weapons

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Speaker 1: back to Central America. So this award winning journalist from

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Speaker 1: Consortive News broke that story open. Of course, the government

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Speaker 1: doesn't like that, right, but he founded this and what

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Speaker 1: he's alleging now is there's a collaboration to suppress their reporting.

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Speaker 1: The complain of llegends that the US government worked with NewsGuard.

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Speaker 1: Remember that name, worked with NewsGuard to target and suppress

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Speaker 1: consortiums reporting, which frequently takes a critical stance on US

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Speaker 1: foreign policy towards Russia, Ukraine, and the Middle East. So

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Speaker 1: what they're saying is this, this company, NewsGuard, is actively

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Speaker 1: working with the government to suppress their information, to hold

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Speaker 1: them down. How are they doing that? Well. On September

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Speaker 1: seventh of twenty twenty one, the US Department of Defense

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Speaker 1: gave an award of almost a million dollars seven hundred

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Speaker 1: and forty nine thousand dollars to NewsGuard Technologies, a private

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Speaker 1: service that scores media outlets on reliability and trust. All right,

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Speaker 1: So they're a rating agency. So if you're a journalist,

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Speaker 1: you want to cite your sources, and so you say,

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Speaker 1: I got it from this website, I got it from

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Speaker 1: this website, I got from this news source, whatever. Well,

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Speaker 1: consortium news Consortium Technologies basically ranks those media outlets on

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Speaker 1: reliability and so you, as a reporter or somebody excided news,

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Speaker 1: you would want to grab information that was more credible. So,

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Speaker 1: for example, a lot of times on my main videos

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Speaker 1: on my main YouTube channel, and Mark moss, I'll pull

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Speaker 1: in what I call the receipts. So if I'm going

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Speaker 1: to tell you something, I'm going to bring the chart,

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Speaker 1: the graph, the headline, the quote, whatever to back that up. Now,

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Speaker 1: a lot of times I might pull I try to

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Speaker 1: pull as much mainstream stuff as I can, because people

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Speaker 1: tend to think that has more authority, tend to then

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Speaker 1: if I pull it from some obscure website like Alternative

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Speaker 1: Health or something like that, right, and so these are scored.

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Speaker 1: And basically what the suit is a legend is that

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Speaker 1: forty thousand subscribers buy NewsGuard subscriptions and they're relying on

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Speaker 1: NewsGuard to tell them which ones are the best news

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Speaker 1: sources to pull from. But NewsGuard is actually trying to

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Speaker 1: censor the information. Consortium News was labeled a purveyor of

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Speaker 1: disinformation and misinformation and false content and worst of all,

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Speaker 1: anti US. This is despite the fact that, according to

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Speaker 1: the suit, NewsGuard only flagged six articles out of tens

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Speaker 1: of thousands, and so NewsGuard is saying, no, Consortium News

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Speaker 1: is constantly false, They're constantly pushing fake information and worst

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Speaker 1: of all or even anti us. But Newsguards like a consortiums,

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Speaker 1: like what are you talking about you. NewsGuard have only

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Speaker 1: flagged six out of tens of thousands of articles that

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Speaker 1: we published, and we are award winning publishers or journalists.

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Speaker 1: So Consortium News is pointing out that NewsGuard downs grades

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Speaker 1: its entire twenty thousand article library of data, even when

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Speaker 1: there's only a couple of edge cases out there. Now,

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Speaker 1: the irony here is that Perry the founder is a

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Speaker 1: decorated AP and Newsweek reporter, and he found a consorti

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Speaker 1: of new specifically to address topics suppressed by mainstream editors.

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Speaker 1: So they went out to find this information to help

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Speaker 1: get it out there. However, now they're being influenced by

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Speaker 1: the government. Now they deny that. Of course, they deny

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Speaker 1: being influenced by the government. In fact, its denials are

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Speaker 1: part of the reason for the suit. See, they got money,

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Speaker 1: so it's hard. But when Michael Schellenberger and Matt Taybe

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Speaker 1: testified before Congress in March, so they testified in Congress

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Speaker 1: about the Twitter files that were brought out, they mentioned

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Speaker 1: NewsGuard as a government funded rating service, and the co CEO,

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Speaker 1: Gordon Krovitz, he corrected Taybee saying NewsGuard isn't government funded,

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Speaker 1: but merely an organization that receives government funds. Huh. Let

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Speaker 1: me correct you. We're not government funded. We're an organization

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Speaker 1: that receives government funds. Wordplay here. Now Newsguard's claims that quote,

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Speaker 1: we are government funded in the same way that Verizon

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Speaker 1: is government funded. Huh. We have licensed data to the

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Speaker 1: government for a fee, just as Verizon has provided telco

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Speaker 1: services for a fee. The government pays us both for

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Speaker 1: our commercial offerings. Our Pentagon contract is a single digit

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Speaker 1: percent of our revenues. Okay, so that's what they're claiming.

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Speaker 1: They're claiming that they're just simply using their service. Because

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Speaker 1: NewsGuard has other customers, it can claim to be an

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Speaker 1: independent news service that just happens to downgrade news reports

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Speaker 1: that contradict and criticize the policy of its major client.

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Speaker 1: Of course, no surprise the Department of Defense. Now in

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Speaker 1: the suit, it says, in the course of the government

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Speaker 1: contract news Guard of the United States have acted to

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Speaker 1: retaliate against those news entities and media organizations that refuse

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Speaker 1: to retract or correct their articles. Such as retaliation consists

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Speaker 1: of the false content warnings and red flag associated content

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Speaker 1: described in its submitted complaint. So what they're saying is basically, look,

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Speaker 1: you using this money and on behalf of the government

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Speaker 1: are going out there and purposely censoring any information that

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Speaker 1: doesn't go along with your narrative. This is what we

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Speaker 1: talked about on this big seconmentded earlier. It's always about

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Speaker 1: controlling the narrative, and the government has a big problem

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Speaker 1: on their hands. The Internet has given us all an

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Speaker 1: ability to publish information, share information, and have conversations that

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Speaker 1: they can't control. Now they're trying their best. They're trying

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Speaker 1: to pass all types of laws around this, but they're

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Speaker 1: working at it from every single angle, including trying to

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Speaker 1: create this misinformation malinformation narrative and using organizations like this

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Speaker 1: to do their bidding for them. Now, I'm not judged

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Speaker 1: during an executioner here. We'll find out soon enough through

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Speaker 1: this lawsuit what the truth is here. This could be

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Speaker 1: a spin. Look, I'm not saying that potentially Consortium might

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Speaker 1: just be mad that their articles aren't getting the reach

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Speaker 1: that they want, or maybe they're being pressured. I don't know.

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Speaker 1: But what I do know is we talked about this

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Speaker 1: in the bigger episode. What I do know is first principles.

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Speaker 1: What I do know is that if the government wants

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Speaker 1: to maintain power and a time when people are unhappy

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Speaker 1: with them, the only way they can do that is

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Speaker 1: by maintaining the narrative. So I do know that, So

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Speaker 1: that just leads me to naturally believe this. But we'll

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Speaker 1: see how this plays out. And this is all going

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Speaker 1: to be coming out and we'll see what happens. Now,

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Speaker 1: there's a bigger case that's happening, and this is the

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Speaker 1: going to the Supreme Court where the Supreme Court is

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Speaker 1: actually going to hear about the Bidens and Biden administration's

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Speaker 1: ability to censor speech, specifically demanding censorship by social media platforms.

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Speaker 1: And that's going to the Supreme Court and that is

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Speaker 1: going to be very interesting to see what happens. And

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Speaker 1: I'm definitely going to keep you up to date on that.

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Speaker 1: I mean, imagine that the Biden administration was told by

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Speaker 1: a court they can't censor speech on free platforms or

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Speaker 1: private platforms anymore, and the Bide administration is going to

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Speaker 1: court to fight that. It's going to Supreme Court. So

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Speaker 1: we'll see about that. Like I said, I'll keep up

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Speaker 1: the date. If you're just tuning in, you're listening to

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Speaker 1: the Mark mas Show. We're running through some of the

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Speaker 1: latest breaking news headlines of the week so you can

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Speaker 1: have better context of what's going on in the world.

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Speaker 1: I'll be back with more in a minute. Don't go away,

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Speaker 1: We're back, all right, Welcome back. If you just tune in,

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Speaker 1: you're listening to the Mark Maas Show. We're running through

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Speaker 1: some of the latest breaking news headlines this week so

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Speaker 1: you can understand what the heck is going on. And

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Speaker 1: I'm not just reading near the news. You can do

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Speaker 1: that on your own. I'm trying to give you the

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Speaker 1: context you can understand what this all means. And so

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Speaker 1: I try to assemble it in a way that tells

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Speaker 1: a narrative or a story. And so now let's jump

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Speaker 1: into what is going on in the markets. Now we

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Speaker 1: can talk about the markets overall, but specifically, I want

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Speaker 1: to talk about what's happening in the debt markets, the

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Speaker 1: bond markets, and the biggest, most liquid, supposedly most stable

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Speaker 1: market in the world, which is the bond market, or

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Speaker 1: specifically the US treasuries, the government debt. Now, most people

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Speaker 1: then think about markets, they're probably thinking about their index funds,

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Speaker 1: their four oh one k's, the SNP five hundred. But

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Speaker 1: that's what that's not what the most professional real investors

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Speaker 1: look at. You see, Treasury stocks are typically like trailing indicators.

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Speaker 1: What we really want to look at is what's going

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Speaker 1: on in the debt markets, and like specifically in the treasuries. Now,

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Speaker 1: we don't want to just look at it because of

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Speaker 1: what's driving the market. We also want to look at

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Speaker 1: it from this geopolitical lens. And this is a story

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Speaker 1: that we're starting to see. We're seeing that the US bond,

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Speaker 1: the US treasuries, the yields are going completely haywire. Why

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Speaker 1: is that the ten year treasury just cracked five percent

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Speaker 1: on Thursday for the first time since two thousand and seven.

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Speaker 1: Why is that? Well, it's easy supply and demand, right,

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Speaker 1: prices move on supply and demand. If prices are going up,

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Speaker 1: what does that mean, Well, in this case, it's debt,

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Speaker 1: So you have to think about the value of the

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Speaker 1: bond and the yield that it provides. So this is debt,

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Speaker 1: so you have to think about it a little bit different. Okay,

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Speaker 1: So what do I mean by that? If I want

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Speaker 1: to borrow money from you, you are going to charge

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Speaker 1: me an interest rate, right, or I'm going to charge

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Speaker 1: you in thestrate. If I want to loan your money,

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Speaker 1: if I think you're very, very very safe and there's

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Speaker 1: no way I'm going to lose money, I'm going to

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Speaker 1: give you a lower interest rate. If I think you're

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Speaker 1: very risky, I'm going to charge you a higher interest rate. Also,

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Speaker 1: let's say that there's increased competition. So there's ten people

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Speaker 1: that need to borrow a dollar, but there's only three

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Speaker 1: people with dollars to lend. The people borrow that those

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Speaker 1: ten people that want to borrow have to compete for

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Speaker 1: the only three dollars available. So those ten people that

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Speaker 1: are competing are going to offer higher and higher yields

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Speaker 1: to get that money. So when you see the US

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Speaker 1: Treasury yield going up it just cracked five percent, that

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Speaker 1: means they're having a hard time borrowing money. People want

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Speaker 1: to charge them higher rates, either because the credit worthiness

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Speaker 1: is dropping or there's not enough people loaning money for

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Speaker 1: the demand that's required. In the case of the government,

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Speaker 1: it's both. The US bond the government's credit rating has

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Speaker 1: been getting driven down at the same time the US

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Speaker 1: government is issuing more debt, needing to borrow more money

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Speaker 1: then there is money available for it. So the price

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Speaker 1: goes up. Now, what we're seeing is bond market dysfunction.

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Speaker 1: It's the second worst bond market since the onset of

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Speaker 1: the Civil War in eighteen sixty one. The markets are

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Speaker 1: really starting to feel the effects of this, and the

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Speaker 1: government is starting to feel the effects of it as well.

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Speaker 1: What we're seeing is that on a small scale, we're

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Speaker 1: starting to see people starting to be less involved in

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Speaker 1: the bond market and going to hard assets like golden bitcoin.

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Speaker 1: We're starting to certainly starting to see that. But part

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Speaker 1: of it isn't so much the demand side. There's plenty

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Speaker 1: of demand. People are still buying the treasuries. They're just

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Speaker 1: issuing too much supply. And the reason why they're issuing

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Speaker 1: too much supply is because the deficits. The US budget

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Speaker 1: gap stores to the largest outside of the COVID era.

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Speaker 1: Federal government posted a one point seven trillion dollar budget

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Speaker 1: deficit for the fiscal year of twenty twenty three, which

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Speaker 1: is a twenty three percent increase year over year. Treasury

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Speaker 1: Department said that the deficit was the largest since the

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Speaker 1: COVID fueled two point seven trillion dollars gap in twenty

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Speaker 1: twenty one, and mark's a major turn to ballooning deficits

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Speaker 1: after back to back declines. So the government is continued

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Speaker 1: to spend more and more money. The deficit means they're

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Speaker 1: spending more than they're bringing in. So what they're bringing

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Speaker 1: in is declining. Tax revenues are going down, but they're

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Speaker 1: spending more at the same time, and so because of that,

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Speaker 1: they're having to borrow more money. There's not enough money

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Speaker 1: out there, and so the yields are going up. Now

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Speaker 1: this is only getting worse. We see this getting worse.

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Speaker 1: Now we're fighting two wars. As a matter of fact,

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Speaker 1: Janet Yellen is all over the news saying, yes we can,

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Speaker 1: of course we can fight two wars. Really, the bond

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Speaker 1: market's actually saying something different, but that's what she says.

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Speaker 1: And now so we see this deficit is only getting bigger.

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Speaker 1: We see Biden is now asking Congress for a hundred

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Speaker 1: billion in new foreign aid and security, sixty billion for Ukraine,

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Speaker 1: fourteen billion for Israel, and like five dollars to secure

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Speaker 1: our southern border or something like that. I'm being sort

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Speaker 1: of jokingly but not really about It's about how painful

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Speaker 1: it is now when you get into situations like this.

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Speaker 1: We have a market, which means we have traders and

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Speaker 1: investors and they want to participate in this. They want

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Speaker 1: to start betting on where the market's going. And some

428
00:23:36,119 --> 00:23:39,160
Speaker 1: of these investors are so big and powerful that they

429
00:23:39,240 --> 00:23:41,800
Speaker 1: actually can move the markets. So you might have heard

430
00:23:41,800 --> 00:23:45,640
Speaker 1: of this term called the bond vigilantes, and bond vigilantes

431
00:23:45,680 --> 00:23:48,760
Speaker 1: were a term that was originally coined in the nineteen eighties,

432
00:23:48,960 --> 00:23:52,840
Speaker 1: and it was a group of investors that were basically

433
00:23:53,440 --> 00:23:58,359
Speaker 1: protesting towards this easy monetary policy, the irresponsible fiscal policies,

434
00:23:58,560 --> 00:24:01,080
Speaker 1: not unlike what we have today, and they were basically

435
00:24:01,200 --> 00:24:06,400
Speaker 1: selling bonds which would then drive the yields up and

436
00:24:06,440 --> 00:24:09,520
Speaker 1: in turn that increased the cost of borrowing for the

437
00:24:09,600 --> 00:24:11,920
Speaker 1: US government. Right, so the US government is the one

438
00:24:11,920 --> 00:24:13,840
Speaker 1: that needs to borrow the money. If they drive the

439
00:24:13,880 --> 00:24:16,560
Speaker 1: yields up, the government has to spend more money to

440
00:24:16,600 --> 00:24:19,439
Speaker 1: borrow the money. So they're trying to slow down the

441
00:24:19,440 --> 00:24:21,520
Speaker 1: amount of money that the government could borrow. Now we've

442
00:24:21,520 --> 00:24:23,879
Speaker 1: seen this again in the nineteen nineties. The bond vigilantes

443
00:24:23,920 --> 00:24:27,160
Speaker 1: came back again, and a lot of people are speculating

444
00:24:27,200 --> 00:24:29,840
Speaker 1: that they're doing again, but this time maybe the speculation

445
00:24:29,920 --> 00:24:33,160
Speaker 1: is a little bit differently. So now we've been hearing

446
00:24:33,200 --> 00:24:35,200
Speaker 1: for a long time that one of the largest holders

447
00:24:35,200 --> 00:24:38,399
Speaker 1: of debt is Japan, but also China, and one of

448
00:24:38,400 --> 00:24:41,200
Speaker 1: the biggest threats to our national security is the amount

449
00:24:41,240 --> 00:24:44,919
Speaker 1: of debt that we have. If China has all this debt,

450
00:24:45,720 --> 00:24:49,119
Speaker 1: what kind of damage could they inflect inflict onto the

451
00:24:49,200 --> 00:24:52,919
Speaker 1: United States. Well, we don't maybe have to speculate. We

452
00:24:53,000 --> 00:24:54,960
Speaker 1: might already be seen. As a matter of fact, China

453
00:24:55,520 --> 00:24:59,600
Speaker 1: sell just sold the most US securities in four years.

454
00:25:00,520 --> 00:25:02,919
Speaker 1: Chinese investors offloaded the most US bonds and stocks in

455
00:25:02,960 --> 00:25:06,040
Speaker 1: four years in August. I feel, in speculation the authorities

456
00:25:06,119 --> 00:25:08,879
Speaker 1: may have moved to beef up their war chest to

457
00:25:08,920 --> 00:25:12,639
Speaker 1: defend a weeken in yuan. So the mainstream media spin

458
00:25:12,840 --> 00:25:17,439
Speaker 1: is that they're selling treasuries US dollars treasuries to buy

459
00:25:17,520 --> 00:25:21,960
Speaker 1: their own currency to boost it up. Maybe that might

460
00:25:22,000 --> 00:25:24,760
Speaker 1: be the media spin they want us to believe. Or

461
00:25:24,840 --> 00:25:28,080
Speaker 1: maybe they're doing it to cause treasury dysfunction. Maybe they're

462
00:25:28,080 --> 00:25:31,080
Speaker 1: doing it to push the yield up so it costs

463
00:25:31,160 --> 00:25:34,879
Speaker 1: the government more money to borrow it. It says the

464
00:25:34,880 --> 00:25:37,080
Speaker 1: bulk of the twenty one point two billion of sales

465
00:25:37,080 --> 00:25:39,119
Speaker 1: were in treasuries and US equities, with funds in the

466
00:25:39,160 --> 00:25:44,040
Speaker 1: Asian nation also cutting holdings of agency debt. They also

467
00:25:44,080 --> 00:25:45,679
Speaker 1: don't want to hold a lot of the debt in

468
00:25:45,800 --> 00:25:49,720
Speaker 1: case there's a war. They saw what happened to Russia

469
00:25:49,760 --> 00:25:53,199
Speaker 1: when Russia decided to move on on Ukraine and basically

470
00:25:53,200 --> 00:25:56,920
Speaker 1: six hundred fifty billion dollars got seized, and China doesn't

471
00:25:56,960 --> 00:25:59,080
Speaker 1: want to do that. So China's cutting its holdings in

472
00:25:59,119 --> 00:26:01,760
Speaker 1: the US treasuries, now down to eight hundred and five billion,

473
00:26:01,800 --> 00:26:04,600
Speaker 1: which is the lowest level since two thousand and nine.

474
00:26:05,760 --> 00:26:08,320
Speaker 1: Chinese investors sold their record five point one billion of

475
00:26:08,400 --> 00:26:12,399
Speaker 1: US stocks in August. So again, the media narrative is

476
00:26:12,440 --> 00:26:16,199
Speaker 1: that they're hurting. They need the money they're selling out

477
00:26:16,200 --> 00:26:20,760
Speaker 1: to prop up their currencies. Maybe that could be, Or

478
00:26:20,800 --> 00:26:23,880
Speaker 1: maybe they don't want to be stuck holding a bunch

479
00:26:23,880 --> 00:26:26,520
Speaker 1: of money that the US could seize from them. Maybe

480
00:26:26,560 --> 00:26:28,960
Speaker 1: they want to drive the cost of the US Treasury

481
00:26:29,040 --> 00:26:33,240
Speaker 1: borrowing up so they borrow less money. Maybe. Now, how

482
00:26:33,280 --> 00:26:36,520
Speaker 1: do we know which one it is? Well, we don't really,

483
00:26:37,920 --> 00:26:39,880
Speaker 1: We don't really know which one it is, but we

484
00:26:40,040 --> 00:26:43,480
Speaker 1: have some other indicators that sort of tell us what's

485
00:26:43,520 --> 00:26:46,360
Speaker 1: coming next. So we can see they're dumping US treasuries

486
00:26:47,000 --> 00:26:49,360
Speaker 1: by the amount of tens of billions of dollars per month.

487
00:26:50,000 --> 00:26:52,200
Speaker 1: In August, like I said, they unloaded sixteen point four

488
00:26:52,240 --> 00:26:57,159
Speaker 1: billion of treasuries. They've unloaded five hundred billion dollars worth

489
00:26:57,160 --> 00:27:00,600
Speaker 1: of US treasuries and we're seeing the Fed raise rates.

490
00:27:00,760 --> 00:27:03,400
Speaker 1: Now again, what are they doing with the money? If

491
00:27:03,400 --> 00:27:06,560
Speaker 1: we can understand that, that will give us a better picture,

492
00:27:06,760 --> 00:27:08,360
Speaker 1: And that's exactly what we're going to talk about next.

493
00:27:08,440 --> 00:27:10,480
Speaker 1: If you're just tuned in listening to the Mark mass Show,

494
00:27:10,720 --> 00:27:12,639
Speaker 1: breaking down some of the latest breaking news headlines of

495
00:27:12,640 --> 00:27:15,040
Speaker 1: the week so you can understand what in the world

496
00:27:15,119 --> 00:27:17,280
Speaker 1: is going on. When we come back, we're going to

497
00:27:17,320 --> 00:27:19,679
Speaker 1: talk about some other financial assets that give us a

498
00:27:19,720 --> 00:27:24,440
Speaker 1: picture into what potentially China is doing. Are they really

499
00:27:24,480 --> 00:27:27,600
Speaker 1: selling the treasuries to prop up their currency or are

500
00:27:27,640 --> 00:27:31,200
Speaker 1: they doing something more antagonistic to prepare for war. We'll

501
00:27:31,200 --> 00:27:32,800
Speaker 1: cover that in a minute when we come back. If

502
00:27:32,800 --> 00:27:34,320
Speaker 1: you're just tuneing in listening to the Mark Mas Show,

503
00:27:34,359 --> 00:27:36,080
Speaker 1: we'll cover that in a minute. Don't go away, I'll

504
00:27:36,080 --> 00:27:38,320
Speaker 1: be right back, all right, Welcome back. If you're just

505
00:27:38,359 --> 00:27:40,240
Speaker 1: tune in, you're listening to the Mark Mass Show. We're

506
00:27:40,280 --> 00:27:42,639
Speaker 1: talking about some of the latest breaking news headlines of

507
00:27:42,640 --> 00:27:46,119
Speaker 1: the week, and we're talking about what is going on

508
00:27:46,200 --> 00:27:48,760
Speaker 1: in the markets. We looked at the treasury market, the

509
00:27:48,800 --> 00:27:52,560
Speaker 1: bond market, We talked about China, and now we're gonna

510
00:27:52,640 --> 00:27:54,480
Speaker 1: talk about China some more. We'll talk about some other assets.

511
00:27:54,520 --> 00:27:58,320
Speaker 1: Now I pose the question before the break, is China

512
00:27:58,400 --> 00:28:03,639
Speaker 1: really selling US trade and stocks to bolster their currency

513
00:28:03,880 --> 00:28:06,160
Speaker 1: like the media is telling us, or are they doing

514
00:28:06,160 --> 00:28:11,760
Speaker 1: it more antagonistically or maybe even defensively, well, defensively protecting

515
00:28:11,800 --> 00:28:13,840
Speaker 1: themselves in case that the US wan to seize their

516
00:28:13,840 --> 00:28:17,440
Speaker 1: bank counts again. So they saw how Russia had their

517
00:28:17,600 --> 00:28:21,359
Speaker 1: FX reserve seized after the war in Ukraine started, So

518
00:28:21,440 --> 00:28:22,879
Speaker 1: China doesn't want that to happen to them if they

519
00:28:22,880 --> 00:28:26,040
Speaker 1: were to say, move on Taiwan. So we want to

520
00:28:26,160 --> 00:28:28,840
Speaker 1: lower the amount of treasuries we hold in case they

521
00:28:28,880 --> 00:28:31,360
Speaker 1: try to take them from US. So that would be defensively.

522
00:28:31,760 --> 00:28:35,840
Speaker 1: Now it could also be antagonistically, meaning if we dump

523
00:28:35,920 --> 00:28:38,880
Speaker 1: these into the market, then it's going to push the

524
00:28:38,920 --> 00:28:41,240
Speaker 1: cost of borrowing up for the US government, which is

525
00:28:41,240 --> 00:28:43,400
Speaker 1: going to put them into a hardship. So that's like

526
00:28:43,520 --> 00:28:47,640
Speaker 1: antagonistic view. Now again the media is telling us it's

527
00:28:47,760 --> 00:28:50,320
Speaker 1: neither of those. They're telling us it's more out of

528
00:28:50,360 --> 00:28:54,600
Speaker 1: desperation and China's currency is hurting, and so they're forced

529
00:28:54,640 --> 00:28:57,600
Speaker 1: to sell these treasuries to buy to prop up their

530
00:28:57,640 --> 00:29:00,760
Speaker 1: own currency. So which is it? Which of these three

531
00:29:00,800 --> 00:29:04,840
Speaker 1: would it be? Well, maybe there's a little bit of

532
00:29:04,840 --> 00:29:07,200
Speaker 1: insight by looking at what else they're doing, So we

533
00:29:07,200 --> 00:29:11,400
Speaker 1: can see that China's Central bank just added more gold

534
00:29:11,560 --> 00:29:14,640
Speaker 1: for the ninth straight month. As a matter of fact,

535
00:29:14,800 --> 00:29:17,080
Speaker 1: the bollion held by the People's Bank of China rose

536
00:29:17,120 --> 00:29:21,520
Speaker 1: by seven hundred and forty thousand, almost a million ounces

537
00:29:22,000 --> 00:29:24,880
Speaker 1: of gold. That's what the central Bank said. Now, the

538
00:29:24,920 --> 00:29:26,560
Speaker 1: one thing you have to understand is that China never

539
00:29:26,600 --> 00:29:29,880
Speaker 1: really tells us the whole story. If they're reporting that,

540
00:29:30,000 --> 00:29:32,760
Speaker 1: there's probably a lot more than that. But that's the

541
00:29:32,800 --> 00:29:37,000
Speaker 1: equivalent to twenty three tons of gold. The total stockpiles

542
00:29:37,040 --> 00:29:39,360
Speaker 1: now set at about two one hundred and thirty seven

543
00:29:39,400 --> 00:29:42,280
Speaker 1: tons of gold, with around one hundred and eighty eight

544
00:29:42,320 --> 00:29:46,400
Speaker 1: tons added in a run of purchases that begin in November.

545
00:29:47,560 --> 00:29:51,400
Speaker 1: So they've added one hundred and eighty eight tons since November.

546
00:29:51,480 --> 00:29:54,880
Speaker 1: Now some experts, and I've broken this math down before.

547
00:29:54,920 --> 00:29:56,000
Speaker 1: I don't have it off the top of my head.

548
00:29:56,000 --> 00:30:01,240
Speaker 1: I didn't prepare it. But some experts, I should say

549
00:30:01,520 --> 00:30:06,760
Speaker 1: that China might actually own somewhere around thirty thousand tons

550
00:30:06,800 --> 00:30:10,200
Speaker 1: of gold, which is a pretty big deal. Thirty thousand tons.

551
00:30:10,240 --> 00:30:13,520
Speaker 1: Now we don't know this. Again, this is speculation because

552
00:30:13,600 --> 00:30:16,280
Speaker 1: China doesn't really tell us what they have, so we

553
00:30:16,360 --> 00:30:18,880
Speaker 1: have to sort of guess that. But we can see

554
00:30:18,880 --> 00:30:22,120
Speaker 1: that that is a really big number. Now we can

555
00:30:22,120 --> 00:30:24,920
Speaker 1: see if we look at holdings known holdings in the world,

556
00:30:26,320 --> 00:30:30,080
Speaker 1: the United States has supposedly the largest holdings of gold

557
00:30:30,080 --> 00:30:32,960
Speaker 1: in the world. I say supposedly because they haven't been audited,

558
00:30:33,640 --> 00:30:36,960
Speaker 1: but supposedly the US has about eight thousand tons of gold.

559
00:30:37,880 --> 00:30:40,520
Speaker 1: Germany has second most with thirty three hundred tons, Italy

560
00:30:40,560 --> 00:30:45,080
Speaker 1: as the third most of twenty four hundred tons. China

561
00:30:45,480 --> 00:30:48,720
Speaker 1: is down one, two, three, four five sixth place at

562
00:30:48,840 --> 00:30:53,680
Speaker 1: two thousand and one hundred tons apparently, but this is reported.

563
00:30:53,880 --> 00:30:58,520
Speaker 1: But they just added yeah, so twenty one twenty one hundred. Yeah,

564
00:30:58,560 --> 00:31:01,880
Speaker 1: but they just added one hundred and eight just since November.

565
00:31:02,400 --> 00:31:05,440
Speaker 1: So to answer the question, are they selling treasuries to

566
00:31:06,200 --> 00:31:09,360
Speaker 1: out of panic to prop up their currency, or are

567
00:31:09,360 --> 00:31:13,000
Speaker 1: they doing it as protection or antagonistically. I tend more

568
00:31:13,040 --> 00:31:20,160
Speaker 1: towards the protection and antagonistically because they're buying gold. Where

569
00:31:20,160 --> 00:31:21,520
Speaker 1: are they getting the money to buy the gold? If

570
00:31:21,520 --> 00:31:23,600
Speaker 1: they're really hurting for money, why are they buying gold?

571
00:31:24,560 --> 00:31:27,000
Speaker 1: And more than that, I would go even more to

572
00:31:27,040 --> 00:31:30,280
Speaker 1: the antagonistically. Why would I say that? Well, you have

573
00:31:30,280 --> 00:31:33,760
Speaker 1: to understand how the gold market works. The price of

574
00:31:33,800 --> 00:31:35,960
Speaker 1: gold is set every morning on a phone call by

575
00:31:36,000 --> 00:31:39,320
Speaker 1: what's known as the LBMA, the London Bullyan Market Association,

576
00:31:40,240 --> 00:31:46,080
Speaker 1: and the Chinese banks have basically disappeared from the LBMA

577
00:31:46,200 --> 00:31:51,000
Speaker 1: gold price auction, which is very strange we've seen basically

578
00:31:51,040 --> 00:31:54,440
Speaker 1: the Chinese have basically disappeared there. They used to be

579
00:31:54,520 --> 00:31:57,960
Speaker 1: direct participants in this and now they're not even there.

580
00:31:58,360 --> 00:32:00,840
Speaker 1: The latest casualty is the Bank of China, which bizarrely

581
00:32:01,000 --> 00:32:06,000
Speaker 1: is said to have requested a self suspension, a self

582
00:32:06,040 --> 00:32:09,640
Speaker 1: suspension they don't eve want to participate anymore. Before that

583
00:32:10,120 --> 00:32:13,680
Speaker 1: ICBC and the Bank of Communications disappeared. Was zero commentary

584
00:32:13,680 --> 00:32:16,360
Speaker 1: from the LBMA, the FCA, and the mainstream media on

585
00:32:16,400 --> 00:32:19,320
Speaker 1: the matter. Even chat GPT thinks that it's highly unusual

586
00:32:19,400 --> 00:32:22,960
Speaker 1: and warrants further scrutiny. So what the heck is going on?

587
00:32:23,800 --> 00:32:27,680
Speaker 1: Why is China no longer participating? Bizarrely, why are they

588
00:32:27,680 --> 00:32:32,880
Speaker 1: no longer participating in the LBMA gold price auctions? They're

589
00:32:32,920 --> 00:32:35,560
Speaker 1: buying massive amounts of gold, they don't want to participate

590
00:32:35,600 --> 00:32:38,760
Speaker 1: in that. And at the same time, we see that

591
00:32:38,800 --> 00:32:41,720
Speaker 1: gold is trading at a premium in priced in c

592
00:32:41,920 --> 00:32:45,200
Speaker 1: and why in Chinese currencies. This shows that the market

593
00:32:45,480 --> 00:32:49,400
Speaker 1: for bullion in China has surged, at times, commanding a

594
00:32:49,440 --> 00:32:53,120
Speaker 1: record premium over international prices of more than one hundred

595
00:32:53,200 --> 00:32:56,280
Speaker 1: dollars an ounce, compared with an average over the past

596
00:32:56,320 --> 00:32:59,480
Speaker 1: decade of less than six dollars. So what happened? Why

597
00:32:59,480 --> 00:33:01,440
Speaker 1: do we go from six dollars two one hundred dollars

598
00:33:01,640 --> 00:33:04,240
Speaker 1: announce of gold in Shanghai costs two thousand and seven,

599
00:33:04,640 --> 00:33:06,880
Speaker 1: about six percent higher than the price of in London

600
00:33:07,040 --> 00:33:11,240
Speaker 1: or in New York according to calculations by Bloomberg. This

601
00:33:11,360 --> 00:33:14,160
Speaker 1: is interesting. What is going on with the prices. It's

602
00:33:14,200 --> 00:33:17,480
Speaker 1: almost like there's two different markets, it says, with the

603
00:33:17,560 --> 00:33:20,680
Speaker 1: yuan following, the property market slumping and capital controls keeping

604
00:33:20,680 --> 00:33:24,920
Speaker 1: money from leaving the country, investors are buying gold. That's

605
00:33:24,920 --> 00:33:28,280
Speaker 1: what we're seeing from Bloomberg anyway. With Draws from the

606
00:33:28,320 --> 00:33:33,120
Speaker 1: Shanghai Gold Exchange in August jumped forty percent from the

607
00:33:33,160 --> 00:33:38,480
Speaker 1: previous month, while imports climbed fifteen percent. Meanwhile, inflows into

608
00:33:38,560 --> 00:33:41,360
Speaker 1: Chinese exchange trade funds rose to their highest since July

609
00:33:41,440 --> 00:33:45,160
Speaker 1: twenty twenty two. Gold's also finding support from Chinese Central Bank,

610
00:33:45,280 --> 00:33:48,520
Speaker 1: which has boosted purchases for ten straight months as it

611
00:33:48,560 --> 00:33:53,280
Speaker 1: diversifies its reserves. As it diversifies its reserves, why do

612
00:33:53,320 --> 00:33:58,600
Speaker 1: you diversify, You diversify to protect. They're protecting, all right,

613
00:33:58,880 --> 00:34:01,000
Speaker 1: So this does not sound like a nation that is

614
00:34:01,040 --> 00:34:03,480
Speaker 1: in hard financial shape, although I do believe they are.

615
00:34:04,280 --> 00:34:06,320
Speaker 1: Every nation's in tough financial shape, so I do believe

616
00:34:06,360 --> 00:34:09,520
Speaker 1: they are. But they're also doing something different, and they're

617
00:34:09,520 --> 00:34:14,560
Speaker 1: creating an entire new gold market. We're seeing gold trading

618
00:34:14,560 --> 00:34:17,799
Speaker 1: in a premium in the CNY in Chinese currency. We're

619
00:34:17,840 --> 00:34:23,560
Speaker 1: also seeing China buy oil in CNY. What this means

620
00:34:24,040 --> 00:34:28,120
Speaker 1: is that gold buys more oil in China than in

621
00:34:28,160 --> 00:34:33,200
Speaker 1: London because the price of gold is different. Now. The

622
00:34:33,760 --> 00:34:37,640
Speaker 1: world markets don't like this. This creates a vacuum, and

623
00:34:37,719 --> 00:34:39,840
Speaker 1: what it does is it opens up a gap for

624
00:34:40,000 --> 00:34:43,000
Speaker 1: traders to get in. If you can buy it in

625
00:34:43,120 --> 00:34:45,680
Speaker 1: one market and sell it at another market for a

626
00:34:45,840 --> 00:34:50,960
Speaker 1: difference in price more or less, that creates an arbitrage opportunity.

627
00:34:51,080 --> 00:34:53,200
Speaker 1: It's a risk for the opportunity. If I can buy

628
00:34:53,280 --> 00:34:55,600
Speaker 1: it from you for fifty cents and immediately go sell

629
00:34:55,719 --> 00:34:58,200
Speaker 1: to this guy for a dollar, that's the arbitrage that's

630
00:34:58,320 --> 00:35:01,560
Speaker 1: risk free. If if this continues to happen, if we

631
00:35:01,640 --> 00:35:04,880
Speaker 1: continue to see this spread where gold is priced higher

632
00:35:04,880 --> 00:35:08,000
Speaker 1: in CNY and then you can use CNY two buy oil,

633
00:35:08,840 --> 00:35:13,839
Speaker 1: then more gold and oil will head towards China. It's

634
00:35:13,840 --> 00:35:17,520
Speaker 1: a big deal. Petro China International paid for one million

635
00:35:17,520 --> 00:35:20,520
Speaker 1: barrels of oil using digital yuan, the first cross border

636
00:35:20,520 --> 00:35:24,240
Speaker 1: oil transaction using the digital currency, and so we're starting

637
00:35:24,280 --> 00:35:30,479
Speaker 1: to see them using these currencies to play a geopolitical game.

638
00:35:31,520 --> 00:35:34,600
Speaker 1: This is what's happening now at a time when we

639
00:35:34,680 --> 00:35:37,799
Speaker 1: have war breaking on out all over the world. I've

640
00:35:37,800 --> 00:35:43,759
Speaker 1: been very vocal for the last year, maybe naively optimistic.

641
00:35:43,960 --> 00:35:46,840
Speaker 1: Maybe I guess time will tell where I've kind of

642
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Speaker 1: said that I think World War three is already happening,

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Speaker 1: but it's not the hot war with shooting and nukes.

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Speaker 1: It's really a war over money and information, and really

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Speaker 1: it's the people against the governments. But I sure hope

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Speaker 1: that's the case. What we're seeing with this is more

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Speaker 1: of the financial warfare, which really sort of opened up

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Speaker 1: during the times of Donald Trump with trade wars, and

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Speaker 1: now this is continuing. And this is what it looks

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Speaker 1: like China's doing. They're preparing themselves for financial warship, potentially

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Speaker 1: even inflicting financial warfare back onto the US dollar and

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Speaker 1: the treasury markets. And let's hope it stays there. Now

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Speaker 1: what's happening in the Middle East with the warships going

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Speaker 1: on over there, China's now sending their warships over there.

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Speaker 1: It could escalate into a shooting war. I certainly pray

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Speaker 1: it doesn't. Let's hope that it sticks with its financial warfare.

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Speaker 1: If you're just tune in, you're listening to the Mark

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Speaker 1: Mass Show. Been running through some of the latest breaking

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Speaker 1: news headlines this week, so you know what the heck

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00:36:44,160 --> 00:36:46,560
Speaker 1: is going on in the world, what to do about it,

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Speaker 1: so you stay one step ahead. That's what we got.

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Speaker 1: Thanks for listening. Hit me up on social media. At

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Speaker 1: one Mark Moss let me know you're listening, leave a

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Speaker 1: review if you're listening on the podcast player, and that's

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Speaker 1: what I got. Thanks so much,