My gossipy friends claim that - during the Mao ☠️ period ..wealthy Chinese transferred their gold to Taiwan for safety. P’haps that is the reason for China’s “concern” and interest in annexing Taiwan … 🤔🤔
Yeah and they completely ignore that the US started the tension with Obama's pivot to Asia moving so much military to China's door. Then Trump provocatively taking a call from Tsai. Then Nancy Pelosi going there. All unprecedented actions that violated diplomatic norms.
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
Whatever happens in Taiwan stays in Taiwan, thats their internal affairs. Anyhow we’re talking about gold price, how come gold hasn’t reached 3000 already since China, India and other nations purchased gold like there’s no tomorrow
Sadly the US gov - in violation of it's own diplomatic agreements with China- wants to make it an international issue now. Very dangerous for the world.
You Indian folks are very intelligent ! I’m so proud of your government stockpiling physical SILVER ; as it’s the most undervalued commodity on earth , and going into Its fourth year of a global deficit …
Hey Peter - everyone buys stocks on their own (so nobody can put it on you) but you have to admit, there is no bigger mining stock dog than AZMCF. This things trades down every single day in the face of metal highs and most of the jr.s waking up. I think it's time to call it with this dog. When miners are green across the board 5%+ this thing still has multiple sellers. The selling never ends.
Since Peter G. didn't answer the question posed in the video title, I'll try. China is buying gold because they will need it during the invasion of Taiwan. Russia has been using its gold reserves to buy things during the sanctions and China sees how well thats working for Russia. China is stockpiling other goods for the war, if anyone is curious.
I agree with your answer that the CCP is preparing to invade Taiwan to purchase gold as much as possible. The Taiwan government is aware of that and is preparing for that as well. It would be catastrophic in the world if Communist China made this move. If China's economy worsens, X might take a risk.
China has NEVER EVER engaged in a naval battle in their 4000 year history. Realistically, I'm not sure how they plan to "unite" with Taiwan. Invading Taiwan will be 10x more complicated, expensive, than Russia rolling its tanks through the border with Ukraine.
Mr Gandich, you call it "political paralysis" , could there be a diversion on purpose, all the splits to call out political paralysis, is it called, cover your backside, the leadership is looking for an excuse, or a cover point, as they are not leaders, and do not know how to make the first move to respond to this situation. They are frozen in the headlights, not leaders, and want to be called deer in the head lights, being a leader requires taking responsibility. The leadership is proven to be spinless, and all they want is the pension, not the leadership, or we would not be in such a situation.
Agree. China has NEVER EVER engaged in a naval battle in its 4000 year history. Realistically, I'm not sure how they plan to "unite" with Taiwan. Invading Taiwan will be 10x more complicated, expensive, than Russia rolling its tanks through the border with Ukraine.
What distinguishes gold from fiat currency? Can the average individual, who is mobile, easily spend gold today? Holding onto gold is akin to closing the jail cell door in front of you and locking yourself up.
Woe! Woe! Woe!! You used to say that "silver is like kissing your sister, compared to gold." What the heck does that even mean!? I'm glad i didn't hear that 40 years ago. What i heard was. "This silver is my gold kid." per~ my grandfather Gold and silver are GOD'S MONEY.. Hence the reason why our forefathers constucted the Constitution & Bill of Rights the way they did. Yet the FED trusts in the gods of war, that move to plunder all GOD'S MONEY. GOOD LUCK WITH THAT YA VOMITOUS THINGS!!
Every sovereign countries do not want to hold another's debt and be held hostage.
Gold is a great anchor to your wealth. And right now it’s doing better than bonds.
Great channel, I just subscribed. I don't think that china is in any rush to annex Taiwan. Unlike the west, China is patient and looking long term.
My gossipy friends claim that - during the Mao ☠️ period ..wealthy Chinese transferred their gold to Taiwan for safety.
P’haps that is the reason for China’s “concern” and interest in annexing Taiwan … 🤔🤔
Yeah and they completely ignore that the US started the tension with Obama's pivot to Asia moving so much military to China's door. Then Trump provocatively taking a call from Tsai. Then Nancy Pelosi going there. All unprecedented actions that violated diplomatic norms.
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
The moment i saw this title , i felt sorry for your paranoid but admire your ability to create issues out of thin air .
Totally agree with Peter's comments on Bitcoin's relationship with gold. Well said.
pete is a scumbag hustler
When a country's money is devalued, they lose the allegeny of their people..
Jeremy is very professional & refreshing to watch! 👍🏽
Great job Jeremy ❤ Love From Manitoba
Great interview. Peter Grandich is the BEST!
Hey Ron, I just came from your last video haha
rational, logical, honest. one of the more reasonable voices.
I agree !!!
hes the best at selling his penny stocks to elderly - you should get our of your basement ron
Whatever happens in Taiwan stays in Taiwan, thats their internal affairs. Anyhow we’re talking about gold price, how come gold hasn’t reached 3000 already since China, India and other nations purchased gold like there’s no tomorrow
Sadly the US gov - in violation of it's own diplomatic agreements with China- wants to make it an international issue now. Very dangerous for the world.
Jeremy is smooth 👍🏼
Great interview.
Great show 👏🏿
U said Turkey, but diagram says Kazakhstan. How they afford it? 300B GDP and they buy 16 tons? Research that country people you will learn alot
Kazastan as intermediary. For whom🤷♀️
Hi I am Ajay from India I am 100,% agree with Peter.... because in India people of are extremely bullish on gold.
you'll see more people make better money in crypto
You Indian folks are very intelligent !
I’m so proud of your government stockpiling physical SILVER ; as it’s the most undervalued commodity on earth , and going into
Its fourth year of a global
deficit …
Ajay when are the Indians going to buy the dip?
In dollar term 2190 to 2245 is good buying opportunity.
👍👍 🇨🇳 is converting US$ to gold. 👍👍
Who is the biggest miner in Chiner? Is there datter to show us?
Is all state owned .
They import gold , but ANY AND ALL mined gold in China - STAYS in China .
New suit. Good colour. Ref interview, half agree, not sold on it all.
Hey Peter - everyone buys stocks on their own (so nobody can put it on you) but you have to admit, there is no bigger mining stock dog than AZMCF. This things trades down every single day in the face of metal highs and most of the jr.s waking up. I think it's time to call it with this dog. When miners are green across the board 5%+ this thing still has multiple sellers. The selling never ends.
Taiwan province of China fears of China Top Gold Buyer.
Why is nobody calling out the average citizen for not saving?
The average citizen is struggling to keep their head above water.
Is buying gold or anything by the troy ton much more economical than purchasing by the gram ? Just a thought x1.4-3 billion small info people
Michelle, love the pale green
(Did you know that the heart chakra has two colours .. pale green and rose pink. (fyi 😊)
Since Peter G. didn't answer the question posed in the video title, I'll try. China is buying gold because they will need it during the invasion of Taiwan. Russia has been using its gold reserves to buy things during the sanctions and China sees how well thats working for Russia. China is stockpiling other goods for the war, if anyone is curious.
I agree with your answer that the CCP is preparing to invade Taiwan to purchase gold as much as possible. The Taiwan government is aware of that and is preparing for that as well. It would be catastrophic in the world if Communist China made this move. If China's economy worsens, X might take a risk.
China has NEVER EVER engaged in a naval battle in their 4000 year history. Realistically, I'm not sure how they plan to "unite" with Taiwan.
Invading Taiwan will be 10x more complicated, expensive, than Russia rolling its tanks through the border with Ukraine.
What happened to the pretty girl that used to be on kitco?
Michelle Makori? You can't even remember her name?
@@robertk1834
I’m trying to get Kitco to have Michelle Makori wall calendars 📆😂
Who are you referring to
Faster your seat belts this will be a bumpy ride my friends.
Mr Gandich, you call it "political paralysis" , could there be a diversion on purpose, all the splits to call out political paralysis, is it called, cover your backside, the leadership is looking for an excuse, or a cover point, as they are not leaders, and do not know how to make the first move to respond to this situation. They are frozen in the headlights, not leaders, and want to be called deer in the head lights, being a leader requires taking responsibility. The leadership is proven to be spinless, and all they want is the pension, not the leadership, or we would not be in such a situation.
Yep how did BRICS go. I like gold but I’m not like these clowns hawking gold.
"Big Money" He literally means Nations (countries), not regular people or investment firms.
Stick to gold, your geopolitics sucks big time. 😂
Stup!d Questions, gold nothing to do with Taiwan.
Agree.
China has NEVER EVER engaged in a naval battle in its 4000 year history. Realistically, I'm not sure how they plan to "unite" with Taiwan.
Invading Taiwan will be 10x more complicated, expensive, than Russia rolling its tanks through the border with Ukraine.
Chiner 😅
All I got to say is duh 😂... anyways thanks for the news guys😎✌️
Bitcoins not a con. This guy is.
That’s why he’s been around for decades , runs a successful fund , and is a millionaire now.
@@rudeawakening3833a millionaire Luddite. Big deal. I’d rather be a multi billionaire technologist like Saylor
@@JimJamJuicy
Or better yet that FTX kid …
@@rudeawakening3833lol that was set up by us gov as a money laundering op through Ukraine
@@rudeawakening3833 money laundering thru Ukraine that op
Bitcoin is selling off right now.
57k and going down i hope. Want to buy.
@@gener8423 Same. Hopeing it goes into the 40's so I can transfer a small inactive pension pot.
Peter was pushing Arizona Metals and it has done awful. Dont listen to this clown.
What distinguishes gold from fiat currency? Can the average individual, who is mobile, easily spend gold today? Holding onto gold is akin to closing the jail cell door in front of you and locking yourself up.
Peter brandish saying "chiner" 🤣
Ahh, I see you found your razer!
Last decade of US 🐍, say truth with makeup 🤣 at least
Woe! Woe! Woe!!
You used to say that "silver is like kissing your sister, compared to gold." What the heck does that even mean!?
I'm glad i didn't hear that 40 years ago. What i heard was. "This silver is my gold kid." per~ my grandfather
Gold and silver are GOD'S MONEY.. Hence the reason why our forefathers constucted the Constitution & Bill of Rights the way they did.
Yet the FED trusts in the gods of war, that move to plunder all GOD'S MONEY.
GOOD LUCK WITH THAT YA VOMITOUS THINGS!!
love this guy
Kitco….how to say something without saying anything
honestly i can say the same thing about your comment... LOL
@@gener8423 so say it