Just How Likely Is China To Break Off and Set Up A Major World Divide For Trade?

August 12, 2019

Chris Temple, Founder of The National Investor joins me today for a wide ranging discussion on how the trade war is pushing China into signing it’s own trade deals. This would set up a completely different world in terms of trade, banking, and currencies. Some of the topics discussed are the possibility of a Petro-Yuan and comparing the banking systems in China, Europe, and the US.

I will be traveling the rest of today so posting will light.

Click here to visit Chris’s site and take advantage of his flash sale for new and current subscribers.

    Aug 12, 2019 12:37 AM

    Means testing for immigrants?

    Aug 12, 2019 12:52 AM

    Does anyone doubt that if/when China perceives they can damage the U.S. banking system without destroying China itself they (China) will do so ?

    Aug 12, 2019 12:01 AM

    The Chinese are working towards ending the western controlled banking system.
    They have been for years, its just a slow process.

    Wish they would hurry it up, it might be the only way to stop the states from bombing/starving/raping the h@ll outta nations.

    I just hope the americans are not stupid enough to start using nukes.

      Aug 12, 2019 12:22 AM

      2.6 billion Chinese. 300 million Americans. Time is on the side of China in the coming century.

        Aug 12, 2019 12:25 AM

        China is 1.4 billion (not that it changes your point).

          Aug 12, 2019 12:31 AM

          But size of population is also a weakness……China is limited with regard to food production.
          they HAVE to import much food….even more as population grows. Size of population may have been important in the days of swords and hand-to-hand combat, but brains/knowledge are more important today. Alas, that may now be to China’s advantage as the U.S. has been dumbing itself down.

          Aug 12, 2019 12:46 AM

          Yes, I thought it was 1.4 billion as well but this morning I saw loads of tweets stating 2.6 billion. I thought that they must have got very productive between the sheets to jump to 2.6 billion so quickly.

          Right, I am going to reconsider all those tweets I read about Epstein being beamed away by aliens.

          Aug 12, 2019 12:47 AM

          Maybe there are another 1.2 billion illegal immigrants in China who are not counted…

            Aug 12, 2019 12:38 AM

            There may have been quite a few parents that dared to have 2 or 3 children (instead of just the 1 that was government sanctioned) that are undocumented in those figures.

            Aug 12, 2019 12:48 AM

            No way Hose A!

            Aug 12, 2019 12:56 PM

            GOOD one, Bonzo. . .except I had a mouthful of food!

        Aug 12, 2019 12:35 AM

        Lot of mouths to feed………
        Watch how they treat…..HONG KONG…….

      Aug 12, 2019 12:31 PM

      Hummm…….they better get their house in order…….
      With Beijing suffering an escalating trade war with China which has crippled local economic sentiment, slammed growth to record lows, and unleashed a currency devaluation (and currency war) sparking fears of capital flight even as PPI inflation turned negative slamming corporate profits as soaring pork and fruit prices sent CPI soaring and made future rate cuts by the PBOC extremely complicated, cuts desperately needed by a banking sector caught in an interbank funding freeze that culminating in a record three bank bailouts in three months while plain vanilla corporate defaults soar to an all time high, the only thing that China had going for it was the world’s most aggressive credit creation machine, which back in January injected a gargantuan 4.64 trillion yuan ($684 billion) in total credit, more than the GDP of Vietnam, and sparked hopes of a 2nd Shanghai Accord and that China would finally reincarnate the long missing Chinese Credit Impulse which back in 2009 saved the world from all out depression.

    Aug 12, 2019 12:39 AM

    BTW…….is is not the US….it is the Shadow Govt…….NWO faction ……
    I am getting tired of the ignorance…….

      Aug 12, 2019 12:49 AM

      I think lots of them across the Western World have sold us out for their own personal gain. Evil people. They should have been put away in 2009 but they just got emboldened with all the money printing.

        Aug 12, 2019 12:54 AM

        BobUK, As a per who regularly used to use the University of East Anglia libraries, I am sure you are correct. Heck, RoC even built a women’s dorm on campus, for Chinese students.

          Aug 12, 2019 12:57 AM

          I was recently in Australia/New Zealand and Chinese are everywhere.

        Aug 12, 2019 12:51 AM

        BobUK……….there is no doubt about the fact that EU, and US……have evil people running the show out front……

          Aug 12, 2019 12:52 AM

          Even behind the scenes……dang they are everywhere…..

      Aug 12, 2019 12:32 AM

      Yup Jerry, its the “shadow” gov, that starts with Rothchild and the bank of england 1815 no?
      I just figure everything prior really doesnt have much of an effect on us today.
      Julius Caesar opposing them doesnt have much of an effect on us today.

      Its the U.S. mic that keeps them entrenched tho, and the banking system rapes us all.
      Hopefully when the banking system crashes, if it does, that will be the end of them.

      I hope it happens before I die, I want to go back to Vegas.

        Aug 12, 2019 12:36 AM

        Yes, I agree….on the Roth House…….one reason they do not want to teach history in school……and they never teach money……and debt…..
        Jubilee is coming and people will be left in the dust.
        For the Love of Money has put blinders on the ignorant…..

          Aug 12, 2019 12:06 AM

          Doesnt the 30 pcs of silver story have sumtin to do with that?
          Greed and selfishness over right and wrong.

          People dont really change, kinda tuff coming up with a system that will work for most people considering that.

            Aug 12, 2019 12:14 AM

            People today…..are without excuse……all of history has told the story……
            Jubilee, ….usury …..forefathers knew……Jackson knew….

            Aug 12, 2019 12:17 AM

            Judas …..selling out for the 30 pieces of silver….., but, anyone who reads further , knows he hung himself…….

            Aug 12, 2019 12:21 AM

            Stupid is stupid…….but, it had to be a learning lesson for others…..
            Solomon……and vanity….and riches should be a warning for greedy people.

            Aug 12, 2019 12:28 AM

            Ya, he hung himself, just like people that destroy the place they live for profit do.

            Aug 12, 2019 12:48 AM

            I am not making any profit from blowing things up…..
            that is intercity crap……demos

            Aug 12, 2019 12:05 PM

            MIght have misread you statement……

            Aug 12, 2019 12:06 PM

            you to your

    Aug 12, 2019 12:08 AM
    Aug 12, 2019 12:49 AM

    Are we stalled at $1505 and $17………….

      Aug 12, 2019 12:52 AM

      Yes, the captain paged the cabin to let folks know we have reached our cruising altitude of the low $1500s for Gold, and low $17s for Silver, but there may be global turbulence up ahead and where we have to climb to a higher altitude.

      While we’re waiting if you look out the left you’ll see a storm of geo-political disruptions, and if you look to the right you’ll see Central bankers meddling with fiat currencies in a race to the bottom.

      We recognize you have a lot of choices when you fly, and thank you again for choosing Precious Metals.

        Aug 12, 2019 12:55 AM

        good one… my altimeter got stuck…….. 🙂

          Aug 12, 2019 12:25 PM

          How embarrassing… 😉

            Aug 12, 2019 12:30 PM


            Aug 12, 2019 12:31 PM

            dang….. my light bulb went out… 🙂

            Aug 13, 2019 13:17 AM

            If it wasn’t for the glowing pricing in the Precious Metals we wouldn’t be able to see a thing in the darkness unfolding out there….

            Thanks for flying the KE Report….. We’ll leave the light on for you….

            Aug 13, 2019 13:39 AM

            Roger Roger – Airplane!


            Aug 13, 2019 13:59 AM

            Too funny………..the 4 on the Floor………

        Aug 12, 2019 12:22 PM

        Nazareth remix or an updated version of “this flight tonight”

          Aug 12, 2019 12:33 PM

          just for you……….. 🙂

            Aug 13, 2019 13:35 AM

            Loud – n – Proud….

            Yes, this latest move in Gold & Silver is the 2019 remix of “This Flight Tonight”.

            For example tonight in after hours trading Gold up to $1535 and Silver is up to $17.40

          Aug 12, 2019 12:31 PM

          Samson was to be a Nazirite

    Aug 12, 2019 12:58 AM

    Round number effect……temporary

      Aug 12, 2019 12:11 AM

      We are past the rounding effect……that was last week…….jmo

        Aug 12, 2019 12:17 AM

        getting past, not totally past……watch US volume.

        But gold and silver ARE international….US only small part.
        Watch the youtube I posted. I think it is accurate in summary.

          Aug 12, 2019 12:23 AM

          Up over seas…….us is just shuffling paper…….

            Aug 12, 2019 12:30 AM

            Silver might be what he is saying , since,it is running behind…….
            Gold is a totally different. …..go to his comment at 17min….he is taking his lead from zerohedge…..and if, he would read a few more comments from zerohedge….they are talking…a concern of WORLD EVENTS happening….

            Aug 12, 2019 12:44 AM

            The post-Brexit vote high of $1375 has defined the gold market for more than three years. But it is even more significant than that. That region between $1375 and $1434 cast a pall over the market going back to the breakdown in 2013.

            A formation this big has built up a tremendous amount of energy. It’s more than enough to eclipse the all-time high of $1911 and go beyond that. Gold is the peoples’ hedge against government run amok.

            Aug 12, 2019 12:52 AM

            Looks like gold just got a pop , while we were exchanging ideas…… $1513….paper

            Aug 12, 2019 12:11 PM

            WHEN THE HEDGIES Start moving in…….you know you might be on track….jmo

            Aug 12, 2019 12:19 PM

            Analysts are jumping on the bullion bull market bandwagon:…..MIGHT BE OF SOME WORRY

            Goldman have a six-month gold forecast of $1,600;

            Citi has said it will rise to the same $1600 level in 6 to 12 months; and,

            Bank of America Merrill Lynch sees prices climbing toward $2,000 within two years, topping the all-time record of $1,921.17 reached in the spot market in 2011.
            BUT,………… But its not just analysts that are piling in. Large speculators’ net positioning in gold is near record highs and silver positioning is also soaring.

    Aug 12, 2019 12:06 AM

    Blow Hard Barr………blaming the correction dept.

    Aug 12, 2019 12:20 AM

    Gotta ask: Who in the hell do we think we are that we can tell everyone else, especially a nation as big and proud as China that they cannot buy some of the cheap oil offered in their region? The whole scheme begs the question of when is someone going to tell us to stick it you know where!
    We’ve had our boot on other people’s necks for too long………
    The extraordinary privilege that the reserve currency has gifted this nation has about reached it’s limit IMO. Barring nations from the Swift System has been so over used somebody has to invent a competing system. Monopolies don’t last forever! This may be the time when we meet our match financially speaking. Let’s hope it doesn’t go beyond that point.

    Aug 12, 2019 12:36 AM

    American foreign policy used to be “The Carrot and The Stick.” First the carrot and then the stick if you don’t comply. Now it’s stick with us The USA or you get the stick. LOL! DT

      Aug 12, 2019 12:46 AM

      Speak loudly and carry a big stick…….Teddy Bear Rossy

        Aug 12, 2019 12:36 PM

        Jerry, that’s speak softly and carry a big stick. DT

          Aug 12, 2019 12:40 PM

          Dang Dick… caught me….. 🙂

            Aug 12, 2019 12:50 PM

            Just a note……..On TR……..and GOLD COINS>……
            The Saga Of In GOD WE TRUST On $20 Saint-Gaudens Coins
            The beautiful Saint-Gaudens $20 double eagle was born during the so-called Renaissance of American Coinage. This renaissance was sparked in the early 1900s when Roosevelt, who took a keen interest in coins, thought our national coinage was unattractive. He commissioned Saint-Gaudens to redesign our nation’s coins, and in 1905 the artist began working on his first designs, which included his classic $20 motif and the $10 Indian Head eagle.

            Roosevelt afforded Saint-Gaudens creative freedom with his coin designs, but the president specifically requested the artist to omit the motto “IN GOD WE TRUST.” Roosevelt, a devout Christian of the Dutch Reformed Church, believed referencing God on coins was a debasement of His name and was furthermore sacrilegious if the coins were used for illicit purposes. Meanwhile, Saint-Gaudens preferred omitting IN GOD WE TRUST because he believed the words would clutter the design and detract from the coins’ artistic elements.

            Aug 12, 2019 12:54 PM

            1908……No Motto…….only one year

    Aug 12, 2019 12:35 PM

    Big swing today…GOLD……..$1488………to $1518…………looking good………jmo

      Aug 12, 2019 12:28 PM

      Swing low, sweet chariot…. Coming for to carry me home….

      Gold at $1522 in after hours trading. Cruising…..

        Aug 12, 2019 12:28 PM

        Just got back……..I think I said earlier to CFS…….I thought
        We are past the rounding effect……that was last week…….jmo
        Silver might be what he is saying , since,it is running behind…….
        Gold is a totally different. …..go to his comment at 17min….he is taking his lead from zerohedge…..and if, he would read a few more comments from zerohedge….they are talking…a concern of WORLD EVENTS happening….

          Aug 13, 2019 13:11 AM

          In afterhours trading Gold is @ $1535 and Silver is up bigly at $17.40.

          Only $.60 more in Silver and we’ll have to set a snooze alarm to wake up Spanky.

            Aug 13, 2019 13:57 AM

            Better let Spanky sleep……….everything is going up, with him asleep…. 🙂

    Aug 12, 2019 12:01 PM

    I don’t disagree gold and silver going up, just on how fast.

    Platinum is flat.

      Aug 12, 2019 12:05 PM

      Platinum acts less like a monetary metal than copper.

    Aug 12, 2019 12:04 PM

    In Jewelry stores in Beijing and Shanghai,last time I was there, Platinum was heavily used for jewelry as well as gold.

    Aug 12, 2019 12:21 PM
    Shortage………gold going up because of shortages in Mainland China……

      Aug 12, 2019 12:23 PM

      Shortage in HONG KONG………rumors……maybe

      Aug 12, 2019 12:35 PM

      But 7% is about the gold premium in the US too.

      Linear extrapolation is always dangerous….
      as in 1929.

        Aug 12, 2019 12:39 PM

        Notice , he said they were not selling at 7%….and were hoarding in Hong Kong…
        and looking for a 30% premium……..

    Aug 12, 2019 12:28 PM

    Here we go with the “shortages” again.

    I guess Nenner missed his prediction, I dont follow him close enough to know how often he is accurate.

    Bob missing might be unusual or maybe golds gotta get to 1525?-1550? wasnt that what Jordan was saying? when the resistance started?

    Doesnt really matter, if ya do a van winkle gold should be up quite a bit when ya wake up.

      Aug 12, 2019 12:37 PM

      Do not mean to start any rumors……..but, I did say “RUMOR”…. lol
      All we need is to get some info from….Karen Hoottay, and a Bix the wiz Grand Canyon … 🙂

    Aug 12, 2019 12:46 PM

    Paul Joseph Watson is reporting that the medical examiner for Epstein did the JFK autopsy.

    That has to be a joke!

    Aug 12, 2019 12:43 PM

    Here’s a reason for buying gold……inflation/devaluation $

    Aug 12, 2019 12:49 PM
    Aug 12, 2019 12:51 PM

    Trump is going to stop protecting endangered species.
    He figures it costs too much.

    Aug 13, 2019 13:26 AM

    Mystery Trader


    “$GOLD green TL failing to hold back price. During this entire move DXY has been rising… imagine what happens if DXY 50MA fails here. I understand what COT says & that it’s overbought… but Bonds & Gold moving in lockstep📈

    #GOLD Daily:

    Aug 13, 2019 13:53 AM

    Golds overbought and is surely due to retrace somewhat soon. But no-one can know for certain I suppose. This rally since the end of June has been impressive to say the least!

    Aug 13, 2019 13:12 AM

    Overseas action….in gold looking good……..WORLD EVENTS……not a rounding action 🙂

      Aug 13, 2019 13:53 AM

      Dang……….Rounding action……….back to $1500……..Crimex really knows how to hurt a guy……. 🙂
      Got any wall paper………..

        Aug 13, 2019 13:55 AM

        Let’s C………CRIMEx, Cftc, Cia……….the three citty cats………licking the bottom of the cat crate……

    Aug 13, 2019 13:14 AM

    HONG KONG……..about ready to explode……..wonder if the CIA, has anything to do with that….. 🙂

    Aug 13, 2019 13:48 AM

    I wonder if we just had the correction Bob and Nenner were talking about.
    about $40 american and $70 canadian, ballpark.
    my chart or eyes arnt that good.

    Looks like we are on the way back up already tho.

      Aug 13, 2019 13:54 AM

      At the moment, GDX is still up 9% from the Fed day “sell the news” low.

        Aug 13, 2019 13:55 AM

        (It was up as much as 15% following that selloff.)