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Welcome back to the show check out these Headlines here the disturbing evidence Behind the recent cyber attacks on us Infrastructure we're going to get into That today and also supply chain issues 2.0 is Ripple and xrp smack dab in the Middle of it I think you're going to see Evidence that they are today and a College of Nations Jim rickords we got That and so much more somebody rolled That beautiful Intro Digital perspectives with Brad KES come On In welcome back to the show you can Follow us on Twitter and YouTube for Exclusive content right now $ 1.64 Trillion market cap for crypto the Market is up 0.2% but meanwhile 41,00 Plus for Bitcoin at the moment 2100 Almost 2200 bucks for ethereum 90.3 billion market cap for tether xrp Is at the number five spot 61 cents off By 04 in the 24hour and up by 04 on the 7day range of price very quickly between 60 cents on the bottom 62 cents on the Top it's a tight trading range right now We're sitting at 6172 on the uh price at the moment we'll Keep an eye on it we're going to go Through some information today ladies And gentlemen and you know there is some There are some very serious things Unfolding in the Cyber attack world uh I
Encourage all of you to consider if you Have not done it using the email from Miles Franklin underneath of this video And in the subject box put dig Gold and I want you to contact him and Talk to them about your options for Precious metals because I think we're Going through a transitionary period Right now in the monetary system the Supply chain system and everything else That you are going to be very glad that You got yourself some physical medals Precious metals like gold and silver so Dig gold use the email underneath the Video you'll see it and contact miles Franklin let's start right here with a Quick update from weed say when and xrp Ledger Labs team the Zan formerly known As Z 2. six is nearing completion and uh Who can guess the next major feature of The next 2.7 I believe it is all the Features available from The xrp Ledger We'll see what happens but here we see Let's move into the news now because we Have some stuff to go over today and I Want to try to keep it as tight as Possible Jim Rickards is going to share A perspective that I believe ties in Directly to news that we're going to Discuss today we start here with tether And we know that there's a lot of shade Over tether and we have yet to find out Exactly how the US government feels About tether is it something that would
Be completely Unwound and if so what Would happen to all the bonds that are Held to back tether and if not would it Be tucked under presedential regulation But here we see tether is trying to do The dance to appease Regulators it looks Like the world's largest stable coin Issuer of usdt with the market cap Exceeding 90 billion started to freeze 161 crypto wallets tied to individuals And entities sanctioned by the US Treasury Office of ofac which is the Foreign asset control it is the foreign Side of fso fso is the financial Stability oversight council ofac is the Foreign side of that basically So uh again seeing tether trying to Appease the regulator is it enough we Don't know this this is steuart alera Who points to many things inside of this Clip here but one of the things I want To focus on is the Micah regulation and Regulation around the rest of the world I'm not going to play this whole clip Let me see if I can get this uh time Right here one second um but three or Four years ago when I traveled the world And I talked to other Regulators if You've had similar experiences what I Was sort of told either expressly or Implicitly through body language is We're waiting to see where the us is Going to go with this now when they had These conversations in
2023 the impatience has crossed the line The US has fallen behind and countries Like Singapore Dubai London the EU Through M or Micah everywhere else they Understand that the technology is here It's not going away and we can't Prohibit it so we have to sort of Rationally regulate it so and listen and That all of this is fantastic by the way Shout out to Stuart but I wanted to Highlight today about how the rest of The world has already embraced this Technology it's going to become very Important here in just a Second speaking of embracing the Technology here pilot project on Introduction of digital Ruble will Continue until the end of 2024 Bank of Russia also noted that in August of this year The Regulators board Of directors approved tariffs for Transactions with the digital Rubble as Well everything plays out by 2025 says Bon cryp here and I think that is pretty Damn close to being right if not spot On then I bring this article in and I Bring this article in and shout out to Big Skinny for this and the Jim Rickards Reference Here Apple Apple has been making the IPhone in China since its Inception I Believe but guess what's just just Happened recently and stay with me
Through all of this I promise you we're Going to land the Plane we're going to take geopolitical Events the supply Chain what is happening the technology At hand and I believe we're going to tie It all together for you right Now so essentially what we're seeing Here is that the world's most valuable Company Apple at one point in time had Their main supplier making 500,000 of Its cell phones per day at one Mega Factory in China after the pandemic the Lockdowns the protest of harw workking Conditions caused major disruptions at The factory it cost Apple an estimated $1 billion do per week since then Apple Has reportedly told its manufacturing Partners that it wants to do more Business outside of China Apple's main Supplier the Taiwan based fox conon has Been moving more of its production out Of China into into India well this is Interesting on a couple fronts one we Know that because of the current Situations going on around the world the Monetary war and everything else that's Happened the currency Wars the supply Chain issues we have to bring Manufacturing back home or at least to Other areas of the world where we're not Held at Bay like we are with China who Absolutely does not like us as America America or
Americans you don't believe me go into The freedom Zone you'll find out I Covered in there the speech of a former General in China saying exactly what the Plan is to do to all of us here not the Good people of China the former general Of that red flag of China you know what I'm talking About so we see apple making moves here I think it goes beyond the actual uh Pandemic that we we experienced and I Think this goes to a huge shift of Moving the supply chain outside of China's borders so we can take away that Power and that economic flow that China Gets to experience from all of us now The other part to this too is it's India Well India is in bricks Coalition no Honor among Thieves it looks Like what China loses India gains one Could argue but it's still in the Coalition but one could really make the Point that China is not happy to lose That Business now let's stay with this whole Idea of understanding Supply chains Because the world is connected here Completely connected I'm going to play This clip of Jim Rickards explaining Just how connected we are I want you to Take a listen to this and I'm going to Bring it in now at The 14 minute Mark here one Second uh this is where we are right
Here he's going to explain to you how it Took 30 years to build the supply Network and supply chain around the Globe to where we are Today and in three years it's been Really blown up now what's interesting About all of this is that as we think About this supply chain and all of this Connected understand these things while We're watching This SBI Ripple partner SBI is joining Forces with the second largest global Company Saudi Aramco to begin promoting digital assets And startups but that isn't the only Thing $2 trillion Saudi ramco malls Partnership with Japan's crypto group SBI they Envision joint development of Projects such as constitute construction Excuse me construction of semiconductor Factories on territories of both Japan And Saudi Arabia as well as co-investors In each other's digital asset portfolios So the bigger part of this is about Semiconductor Factories don't forget that now and this Is Sai a romco connecting with them now Stay with me here now let's go to Jim Rickard in the supply chain issue and Talk about the idea of understanding That some of the biggest semiconductor Factories are in Taiwan which is a huge Geopolitical point of contention for China and the us it's going to take five
Or 10 years or longer to create the new Supply chain so what I describe is what I call a college of Nations we're still Going to have a supply chain we always Will but it'll be like a club and to get In this club you're going to have to be A democratic Li Lial Society I don't in The politics I just mean those in the Political science sense or the political Philosophy sense but it would be for Example United States Canada New Zealand Australia Japan Western Europe UK Probably India you know and other Countries around the world probably Brazil but there'll be countries with Shared value good rule of law good Concern for humanitarian issues ETC who Will trade with each other but it won't Include China Russia will be you know Maybe they're in the Penalty Box but China will definitely not China will Have to construct its own club whatever You want to call it that would include You know resource suppliers in Africa And maybe Outsourcing in South Asia and There'll be some people who kind of play Both sides and that's fine but people Say the US is decoupling from China Which is true but China's decoupling From the US this is a sick nasty divorce But both sides want out so what does That mean it means that relative to some Base costs will be higher because Chinese have a lot a lot they do is
Repugnant but you know they are the Manufacturing Hub of the world that's True I'll be more expensive to do it Without them but it'll be worth it the Way I look at the Delta you know the Extra costs that we might pay at the Store that's like buying Insurance you Know you buy insurance on your house you Don't want anything bad to happen but When you write the check to the Insurance company you don't think you're Wasting your money you think that's Money well spent and heaven forbid if Something does happen you're covered What'll be the same thing in supply Chain 2.0 things might be a little more Expensive but will be much more Resilient much more robust I can give You concrete examples because I can tell You the theory all day long but I think The examples are much more meaningful so Taiwan semiconductor Manufacturing Corporation biggest and most Sophisticated semiconductor manufacturer In the world based in Taiwan obviously Just announced two10 billion plus Fabrication plants that they're building In Arizona so there's $30 billion plus Going into new Fabs semiconductor Fabrication plants brand new state Of-the-art is going to take 3 to 5 years To build Oregon and Arizona why aren't They building in Taiwan well because Taian iwans and the crosshairs of China
And there's something called the US Military as a Doctrine they call it the Broken Nest theory if China invades Taiwan either the Taiwanese or the US Are both are going to burn Taiwan Semiconductor to the ground they're Going to destroy it because they don't Want it to fall into the hands of the Chinese Communists Taiwan knows that Like okay we are one step ahead of the Shushan we're going to build new plants In the US this is a concrete example of What I'm talking about where we're still Going to have semiconductor Supply Chains they're going to have to get Silicon and other components from Somewhere but it'll be this club what I Call the College of Nations we're going To cut our ties to China we already are Many many examples this so it won't be Everything in the United States we'll be Sourcing in Australia and Japan and Germany not China and not their allies And there you have it and what do we see In real time taking place to what Jim is Telling us Ripple partner SBI joining Forces with Saudi Aramco and so they can in fact construct Semiconductor Factories outside of China and ripple Partner SBI smack dab in the middle of It but then we got to remember so is Ripple Central Bank of Saudi Arabia Teams up with ripple to transform crossb
Settlements you don't think that that Isn't going to play a role in Here I tell you as scary as some of this Is as we watch the geopol itical shifts Takes take uh center stage on the globe Uh I I tell you I couldn't be more Excited to understand what is happening Even though I don't want to see people Harmed or dying in these conflicts that We see and it's crazy to watch but I Tell you I can't help but feel like we Are watching a very important shift take Place now where we need to see Production manufacturing brought back Inside the United States and the extra Cost that you pay for those goods you Could look at as insurance that the Economy of the United States could never Be crippled again because we support our Own that's what needs to happen here and In doing so we can actually cut off the Money that is funneling its way into China to fuel all their horrible things That they want to do as a government to Other people around the world just like Us join us in the danger zone to learn More cuz that's what we're going to talk About today in depth we're going to go Into it and show you exactly what's Coming the disturbing evidence behind The recent cyber attacks from that said Country against the mar the US Infrastructure it is remarkably Disturbing not Financial advice from me
Or anyone else I'll catch all of you on The next One
