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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
Ignition sequence start 6 5 4 3 2 1 zero Liftoff we have a Liftoff hey everybody this is the Digital asset investor and I just got Off the phone with my father who is the Official father of the digital asset Investor Channel and he just like me is Um interested in buying gold these days And we were talking about it I wanted to Show you this video the the Chinese Capital account is open on a limited Basis through Gold uh they get panicked they're buying Gold okay so far so good stay with me Here Now that means that the more of an issue There is in China economic geopolitical Etc the more gold the Chinese are going To buy given their savings they have Given the fact that the Chinese are Still running 30-year High manufacturing Surpluses 30-year highs uh with the World which means their dollar inflows Are at near 30-year highs so the more of An economic issue is there is the more Of a geopolitical issue is the more gold Is likely to be bought by Chinese Consumers that will all else equal drive Gold up in you on terms now in a world Where oil and commodities were still Only priced in dollars that is where Historically things would have gotten Really sticky for China and now because As the uan goes up in China due to
Chinese Buying the US can control the price of Gold as they've historically done when They've needed to in dollar Terms and if you have the price of gold Going up in Yuan but not moving in Dollars what you get is the Yuan falling Against the dollar okay so far so good Falling you on against the dollar when Oil and other Commodities are only Priced in dollars means that China's Money is not going as far for their oil And commodity Imports so now they need To run down dollar f tax reserves to buy Oil Etc eventually on this path they run Out of dollar reserves and then they Have a southeast Asia currency crisis Like we saw in 1997 economic and Currency uh bad outcome Yuan collapses Okay that's in a world where oil and Commodities are still only priced in Dollars but the marginal oil barrel and Marginal commodity ton are priced in you On now it doesn't take take a lot it Just takes the ability to do So why because now when the price of Gold goes up in Yuan with oil and commodities priced in Yuan as well the marginal Ton what that's saying is something very Different that is saying that gold now Buys more oil in China in Yuan than it Does in London in dollars in New York and what does that do
Capital flows where it's treated best Gold is just Capital so the gold starts to flow to China where it can buy more Oil we would start to see London ETF Tonnage drained check we would start to See lbma tonnage drained Check Eventually as enough tonnage was drained We would start to see gold prices shift To being set in China Instead of in London or New York as has Always been the case over the last 50 to 60 years Check hopefully you're now starting to See why you want oil and commodities is Such a big deal people have not Understood this in the six years it's Been Out the how about them apples folks egg Crypto gets it measured measured move to 2700 he's calling looking ahead next Target by year end $2,700 to $3,000 oil Not oil gold I'm sorry as gold continues To rise many macro analy myself included Become concerned this trend may suggest An impending Black Swan event or simply Highlight gold status yeah folks I'm Telling you whatever whatever is coming You better I'm making sure I'm owning Some gold Andy sheckman who owns miles Franklin precious medals my sponsor spot Gold and silver are on the clock Here's here's that and if you want to
Get some gold I did just this last week I did it exactly like I'm showing you How to do it you go up here on milesfrom The Link's in the top of the description Of this video click on the sign up Button and then you'll see a place to Put your referral code which is Dai gold All caps right there and sign up then You can get gold I want to show you I've Shown it before you can always when you Go to their homepage You can scroll down to see what their Specials are they got silver and gold Specials right now here's their specials That's what I do before I buy anything Check it out um so we've got we've got John Deon big momentum $1.2 million cash On hand in 42 days then there was a Politico Politico um article about Crypto crypto Executives putting money Behind Longshot bid to OU Elizabeth Warren and it shows here in this article As you go Down Ripple CEO Brad garlinghouse and The company's executive chair and Co-founder Chris Larsson both plunk down The maximum contribution of $6,600 half for the primary half for the General election according to deon's Campaign deon's Amicus brief in the Sec's enforcement case against the Company helped build his notoriety in The crypto world Uh I haven't even looked at it but he
Was on with scaramucci the other day I'm Going to have to go back and watch that Says here Cameron and Tyler winkal who Co-founded the embattled crypto exchange Gemini shelled out $6,600 a Piece um then it says two other crypto Executives ethereum uh cardano founder Charles hoskinson and Casa co-founder Jameson lot both donated the primary Maximum $3,300 according to data Provided by deon's Campaign um he's also been endorsed by Mark Cuban now what what we're going to Do here on this channel is when they When we can finally get access to who Contributed what we're going to do then Is we're going to go and look at who in Crypto did not because we got to we got To make sure we're holding everybody Accountable if you're Pro crypto don't Just pretend like you're Pro crypto and Then back the most anti look if you're Not contributing to John John Deon and You got a lot of money and you're in Crypto then you're contributing to Elizabeth Warren even if you're not contributing To Elizabeth Warren because John Deon is The one that has the uphill climb here Since she's the incumbent so we will Call you out if you're in crypto if You're some major crypto person and You're not contributing to John Deon you Will be highlighted on this channel and
I suggest everybody else do it if you Love Crypto well we also love the official Cool guy of the digital asset investor Channel and this was put out today and I Had to highlight it this is a clip I Played in my last video of John McAfee And they've got Blackberry xrp who is The official cool guy the digital asset In investor Channel says is BlackBerry The son of famed British American Computer programmer and two-time Presidential candidate John McAfee boy Would that be a plot twist folks Please let it be I don't think it's true But please let it be Um oh you gotta love the cool guy okay Uh Brad D pegged this from Anders El Brad D pegged for a short amount of time But quickly reped to 589 you got to love Brad's sense of Humor okay here's metal law man talking About the Unis swap situation I don't Think I've played this yet talking to Paul bar Baron the elections in November Are going to be extremely important to Crypto if we want to slow down uh this Train if we want to stop it and stop the Damage that is occurring because as you Know we're sending out some of our Smartest Minds who are literally leaving The United States and going somewhere Where it is safer to innovate it is a This is a dangerous place to innovate in
The area of financial Services right now And so people are smart people and They're they're taking Capital with them They're taking brain power we're talking About brilliant MIT kind of people that Are taken off and going elsewhere and I Know this for a fact because we Represented them at my Law Firm not that Long ago where we would explain to them What the regulatory situation is in the United States and their answer would be Thank you very much for that information We're packing up and heading to Estonia Or wherever it might be this is real It's not some Hypothetical you know argument that People are making up as a straw man this Is happening I've seen it and it's Really unfortunate it needs to be Stopped and now we're depending on Courts and judges to stop it for now um But we really need to uh express our Views uh in November in this election Cycle all right I love that guy he's a He's brilliant check this this out the Big whale announces that USD this is um One of the tether uh CEO of tether Announces usdt stablecoin would will not Be regulated in Europe from June 30th Micah application it will no longer be Possible to distribute it on exchanges Registered in Europe funny just about The time that Ripple issues its stable Coin speaking of stable coins here's
Paul Baron uh this was an interesting uh Tweet here from Ryan ads over from Bank List stable coins now will happen in the US because Black Rock and the banks want Them to happen and uh this could not be More obvious the bid fund on ethereum is A high band with pipeline between us Treasuries and usdc there you go Pipelines will bring trillions on chain Usdc issuer Circle likely will IPO I Agree with that black rock has ownership In circle you start to see how it all Plays together the banks will back door Themselves in stable coin by acquiring Partnering controlling crypto native Companies that's going to be interesting To watch there could be some setups here That are pushing companies into that Maybe even things on decentralized Exchanges all playing into this us does Not have the political will uh to build A central bank digital currency that's The question I'm still questioning in The sense of what those bankless guys Like this guy that they're talking about They don't they won't even bring up Ripple or xrp because those guys are Those guys are ethereum Maxis well they May be transitioning away from ethereum Now but those guys they're part of the Media the crypto media propaganda Machine so they're not about to bring up Something beside about Ripple or xrp in That conversation check this out steuart
Alera the SEC continues to lose second Circuit Court of Appeals refused to Reconsider their decision uh in which They held that if the buyer suffers Financial loss the SEC is not entitled To disgorgement from the if the buyer Suffers no Financial loss the SEC is not Entitled to discouragement from the Seller well this is pretty pretty uh key Folks because isn't that what they're Wanting from Ripple remember the Discouragement well if the buyer suffers No Financial loss they're not entitled To it you think Ripple's going to use That in their settlement or whatever They do now you got got to watch this This is from Ripple this is Brad Garlinghouse you'll remember all in fact My father who as you remember is the Official father of the digital asset Investor Channel he called me now my Father is getting older he called me Yesterday and asked me in a serious way He said hey uh my friend told me that he Saw where Brad garlinghouse was doing a Give an xrp giveaway on YouTube and he Wanted to know if um if that was real or Not and I told him I said Dad that's a Scam the fact that you're even asking me This worries me that's a scam and cuz These people Target older people folks That's what's scary about this stuff so Um the people do get fooled by these People and this is why Ripple put this
Out oh hi I'm Brad Garling house CEO of Ripple Hi I'm Brad garlinghouse C CEO Ofle no you're not big wins at the xrp Giveaway linoln bio look this guy is Obviously a scam there's no xrp giveaway Send us 500 xrp and we'll send you Double back congratulations xrp Holders whoa whoa whoa Ripple will never Ask you to send us xrp send me your Wallet address and we will give you all The xrp Okay that's enough buddy I'm reporting You big big big wins win at least I got My hair Right Ripple will never ask you to send Us xrp stay Aware stay safe great ad kudos to Ripple Ripple just so you know I'm putting you On notice if you have music in that Audio right there that's copyrighted the Digital asset investors a officially Angry at you because I'm going to have To edit that out it's a it would be a Rookie mistake I don't think you would Make Ripple to put copyrighted music Over the top of that all right now um EO For I'm gonna I'm gonna play this and I Got some other stuff wanted to show you Another thing I just the reason I the Whole reason I created my private group At Dp.com was for the purposes of being to Able to show you things that I will not
Show you out here on YouTube because YouTube YouTube they can turn you off on A dime if you don't show the right Politically correct stuff and that's the Fact Jack I I know that for a fact so We're going to go in I'm the digital Asset investor I'm not an investment Adviser this is for entertainment Purposes only Please Subscribe hit the Like button tell your friends and family Here we go Oh
