Palisades Gold Radio
52min2022 JUN 9
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Tom welcomes back Chris Irons, host of the Quoth The Raven podcast, to the show. A note of caution, Chris takes the gloves off in this episode so some swearing ensues. Chris is concerned that China is challenging the United States as a global superpower and they probably have more gold reserves than they publicly acknowledge. China's business approach tends to be sharper and more ruthless than the West. They have a long time horizon for planning and economic policy. It's not hard to imagine that China might eventually want to back their currency with something solid. Now with events in Ukraine, we see the unprecedented attempts to sanction Russia and other countries are taking notice. It looks like a separate economic system from the U.S. Petrodollar is an increasing possibility. We could be on the verge of the largest shift in monetary history. He discusses the movie "The China Hustle" and how it portrays some of the fraud with Chinese-based companies. The government continues to p...

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