The War on Gold and SunTzu.

Monday June 26 2023 Monaco 64 home of alternative economics and can trans views today we're going to look at the war on gold and Sun Tzu yes he was a Chinese General philosopher and writer and before we start we're going to look at some headlines and I'm going to make a couple of announcements as well concerning our precious metals affiliates so I would say that right

now the world is a big stage and there are a lot of distractions out there of course we had the sub now we had the Russian coup and there's a lot of talk about the Russian coup what what it was all about whether Putin played a brilliant card and it's also got to do it Sun Tzu and we're gonna look uh quickly at the commercial real

estate market and I want to look at uh this uh summer Davos which is organized by the world economic Forum which makes me think that the whole world is a stage and we're only Pawns in it so let's start with a the Russian coup attempt the failed Russian coup well some people are thinking that it was all about deception this guy here on Twitter says uh

his name is Stefano uh but tayoli he says Putin cheated the World by faking NATO and eliminate disorder disloyally high-ranking military inside Russia without a fight that's a question deploy also caused Ukraine to advance thinking Russia was weak thus revealing their otherwise their entire offensive if that was uh what he did it was a brilliant military tactic that will go down as one of the greatest

moves in military history so I'm gonna stop here uh some of you might have heard about this the fact that uh Wagner and the pragosan is his name I'm not sure I don't follow these things too closely now he's in Belarus which is uh just a a little uh not not too far from Kiev and he was a lot further from Kiev before so I'm gonna

come to the uh war on gold and Sun Tzu in a minute and you'll see what I mean by this story in Russia the second one uh is about Saudi Arabia and China attending the summer Davos and who's organizing it well Klaus Schwab in the world economic forum and uh we're told that Russia and China are rebelling against the world economic forum and it's really uh

yeah as I said the whole world is a stage and we are the pawns so this is another example that the same people pulling the strings in the west are pulling the strings in the global South it's all theater I would say even with Russia uh the third thing I wanted to talk about that I think is significant for the markets uh and it's a story

that came out this weekend about the financial storm bearing down on U.S commercial real estate long-awaiting Reckoning arrives as building loans come due at time of scarce or credit why do I think this is important well because the regional Banks about 60 to 70 percent of their assets are commercial real estate and I saw that yell and said that uh the Secretary of the Treasury that

uh news here uh this morning now back back to the war on gold and and I've spoken about this many times and Sun Tzu what Sun Tzu Got to Do With It Well I've got Sun Tzu's Art of War for Traders and investors so here's the book I recommended uh had it for many years but on page 14 and this is where Putin comes in because

Sun Tzu of course was a general he wasn't a Trader or an investor but a lot of the principles apply he says uh that all Warfare is based on Deception if strong pretend to be weak and hold out a carrot to entice your enemy if your opponent is superior evading so what that guy uh Stefano batayoli said about Putin uh deceiving everyone could be true and

it also led to uh the Ukraine revealing its position the Ukrainian Army and what about with gold well with gold it's the same thing um the mainstream media the central banks uh the financial establishment uh they try to keep you away from gold even though it's the best store of value of wealth Financial wealth over uh the long term and I've spoken uh on this channel

about how all Fiat currencies are sinking how uh they're all losing big time over the long term versus gold for example if you go back to 1953 which was 70 years ago and there's no reason why I'm doing this it's just that I have data for for this period from fxtalk.com if you look at the uh the dollar and other currencies they've lost like 99 versus

gold or over that period and it's all of them with the exception maybe of the Swiss franc that's gone down like 91 but it's still gone down so now we're going to look at uh the uh deception part of the war on gold and the war on gold is to try to keep the general public poor to try to keep the general public in debt and

spending and borrowing because gold of course uh is a very uh safe way to save it's a great way to pass on your wealth and they don't want you involved so back in 2004 while still taking the train in the morning to go to work in the city of London I saw an editorial by the venerable financial times and it said going going gold the pointlessness

of holding bullying continues to sink in and uh at the time I'd been buying gold for two years and if I didn't know any better I probably would have stopped and thought yeah I'm maybe I shouldn't buy gold look at this the ft is saying this but I never trusted really uh the FC even back then because I'd been waking up I'd been watching people like

Alex stones and Infowars and uh I I'd been digging digging deep already into the conspiracy Hall so to speak so a lot of the things that are happening now don't surprise me I know they're unfortunate and uh the only uh hope we have is that a lot of people are waking up so I was so outraged by this piece of uh editorial that I cut it

out and I laminated it so I had I'd have it for posterity and uh at the time gold was traded at 400 per troy ounce this was April 16 2004 so almost 20 years ago so what you can do if you want to read the whole thing is pause this video and read it and I might put it into my uh blog and so you can

get a link to it and read it there yeah that's a good idea I hadn't put it in my blog and I have a Blog which I post post uh things to once in a while not very regularly and it's called maneko Uh 64.net so what's the deception part here well it's to try to keep uh investors away from gold and here we are now with

gold almost at two thousand dollars and and in other currencies gold is done even better and we're seeing the people in charge of the world the central Bankers actually accumulating gold then yes it's the global South Central Bankers it's not Western Europe uh or the us but Western Europe and the US have already a lot of gold and we've seen that the world economic Forum you

know they're not just a western thing they're also a global thing so we we're all I'm afraid Pawns in the game and uh a lot of distractions out there uh and uh it makes you wonder what's going to be next after uh the submarine after uh the what's happened in Russia what's going to be next in the next week or two because I'm sure what happened

in Russia is going to go off the the news cycle very soon and they need something else to keep you distracted but I I would say the biggest threat to to us to our families and to our prosperity is inflation and that's what you have to keep in mind and that's why I I'm still holding on to my gold and silver and I'm still trying to

stack as much as possible so it's all about deception as I said and it's a war and about my Affiliates well I just wanted to let you know that uh gold Investments they've uh renewed their special on one ounce gold krugerrands uh you can get them for just one percent over spot but if you use my promo code Monaco 64 basically you'll be buying it for

half a percent over spot that's just for my UK viewers of course uh but gold investors might might ship it to the US or they might even like uh store it or hold it on deposit in their private vaults for you so even if you're in the US you might want to check that out and for Glenn as well uh Glenn still have their special where

if you use my referral maneko v50 you will save 50 on storage and also Insurance of your gold with glints and uh yeah don't forget also to uh to check out my North American Affiliates uh miles Franklin and itm trading all all that stuff is below in the description uh the way to get in touch with them so so with that let's quickly look at where

the markets are this morning then it's uh 8 40 a.m London time we've got spot gold at 1928. it's up just over seven dollars the Heisman 31 the low's been 1920. we've got spot silver up 33 cents at 22.77 that's up one and a half percent the stock market indices uh the Futures uh the Dow is down 79 NASDAQ 100 Futures down 27 and the s

p Futures down 10. the footsie is down half a percent at 74.18 to the currencies Sterling is up 0.17 of a percent 127.40 uh the euro is unchanged uh trading at 109. uh the dollars down half a percent versus the Yen trading at 143 so there's been a pretty sharp move higher uh in the dollar but now it's coming back down the high today was almost

144. so quite a bit of volatility there in the dollar Yen the uh the dollar you won uh is up a third of a percent so the dollar is pretty strong versus the E1 at just below 724. to the other currencies uh we've got the Aussie dollar unchanged 66.72 uh the dollar is down 0.2 versus the Canadian dollar 130 159 kiwi dollar is up uh 0.2

of a percent at 61.55 to the general Commodities uh WTI Crude is virtually unchanged 6910 uh Brent as well it's just trading below 74. uh Platinum is up 11 trading around 9 30 and high grade copper is down a quarter of a percent uh trading just below 381 so we're gonna finish off and look at the bond markets we're going to start with the guilt Market

well uh the guilt uh two-year yield which is a key uh indicator for uh mortgage rates short-term rates well that's come off a little bit from the high last week which was 5 23. right now we're at 5 20 which means like two-year mortgages will probably be set around six and a quarter to six and a half percent so not really great for the UK economy

the housing market everything so to the U.S treasury market we've got the two-year yield down four basis points at 471 in the 10-year as well is down four at three 70. so with that I'm gonna wish you all a very good start to the week and a very good day take care bye