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China’s Gold Hoard: Dominic Frisby Says China's Holdings 10x Beyond Official Admissions
Michelle Makori, Kitco News Lead Anchor, sits down with Dominic Frisby, Founder of The Flying Frisby, to uncover China's clandestine gold buying spree. Frisby reveals that China's gold reserves are tenfold more substantial than reported officially. Delving into the geopolitics of money, he suggests that China's acknowledgment of its true gold reserves would be akin to declaring war on the United States. Frisby also explores the prospects of a gold-backed currency and provides his predictions for the future prices of both gold and Bitcoin. Stay tuned for insightful revelations that could reshape the global economic landscape.
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Dominic Frisby on X: @DominicFrisby (https://twitter.com/DominicFrisby)
00:00 - Intro
02:05 - The Cockroach Portfolio
08:26 - Gold outlook & miners
23:24 - Why China's gold holdings are 10 times what it say they are
28:55 - Gold-backed currency
34:20 - Weaponization of money
36:35 - Bitcoin
46:13- Gold & Bitcoin price forecasts
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