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UNFIXABLE: China Warns Blinken “Cooperation or Confrontation” As Russia FREEZES US Bank Assets



UNFIXABLE: China Warns Blinken “Cooperation or Confrontation” As Russia FREEZES US Bank Assets

uh and of course we’ll be dealing with
uh areas where we have real differences
with China dealing with them directly
communicating clearly face to-face
diplomacy matters it’s important for
avoiding
miscommunications misperceptions and to
advance the interest of the American
people I look forward to productive
meetings here in Shanghai and in Beijing
so blinkin trip to China is an absolute
disaster now many were speculating that
he was going to be the bad guy that
he’ll strong armed the Chinese but it
seems that he was scolded in state we
must understand what blink brought to
the table during his trip he criticized
China and wanted fair treatment of us
companies but we all know there’s a very
big double standard here blinkin wants a
Level Playing Field for us firms and say
Beijing had non-market economic
practices he believes us companies were
unfairly treated doing business there
but anyone knows that’s pure projection
the US has slept with a ton of tax
sanctions and they’re trying to contain
China’s industrial growth and blinken’s
boss just made things worse Biden has
vowed more tariffs on Chinese steel at
wants to probe de ship Builders as well
we all know the US has been trying for
months or even years to cut away Chinese
exports from Global consumer markets the
Chinese side was definitely unamused by
this the problem is the American
approach to diplomacy it always seems
like a ultimatum you better do this or
else and during his trip Blen met with
the Shanghai party Chief and he was
issued a very big but subtle warning
that the US must choose between
cooperation or confrontation now this is
a very big bombshell it tells us that
China’s done with a peacan and they’re
entirely comfortable with clashing with
the us if America goes ahead and wages
economic War Beijing the Chinese will
fight back just take a look at this
picture of blink listening to the
Shanghai BS after never ever seen anyone
sit up de straight before blinken is at
full attention it looks like he’s at a
job interview blink’s literally on his
toes here the moment blink touched down
in Shanghai the meeting was essentially
over he’s coming on the back of multiple
slaps to China’s face and the biggest
one is the $95 billion pass by the house
it wasn’t just ate Ukraine or Israel a
huge amount of money is heading to
Taiwan the US has year marked $8 billion
us allies in the Indo Pacific which is
China’s backyard the agenda of course is
to counter Beijing almost 2 billion will
be spent to replenish Us weapons in the
region including for Taiwan as well and
this why blon’s trip was laughable at
least to the Chinese you’re coming to
tell president shei what to do when
you’re actively trying to contain China
even in the indopacific is simply
doesn’t make sense bin also has to
explain a ton of economic restrictions
that’s the Tik Tok band that’s coming
that’s the Mexican debacle with byd all
because of American pressure and all
these have toped the trip even before he
left the US it’s important to realize
that China’s economy isn’t collapsing
after the big rise in q1 economies have
upgraded the GDP Outlook to 4.8% this
year it’s less than beijing’s 5% Target
but it’s a big U-turn for Western
economists everyone expected the economy
to collapse into chaos but that isn’t
the case even with the horrible property
crash China’s overall economy is still
expanding industrial growth is powering
everything ahead is keeping the Chinese
economy of flat and a big part of that
is China’s trade with Russia China
Russia trade has grown for 140 billion
in 2021 to over 240 billion last year
that’s a 100 billion increase from
pre-war levels and as both economies
grow Mutual trade is going to explode
higher Beijing gates cheap Commodities
or M
oil and gas metals and coal and all
these are powering China’s industrial
push in return Russia buys a ton of
finished goods from China and this is
what the US wants to restrict now the
pretext of course is China’s support for
moscow’s war machine the claim of dual
used goods and beijing’s over capacity
that’s what blink’s going to score W
about however the real agenda is about
China setting up alternative Financial
systems to bypass the dollar to bypass
Swift completely
and if the US doesn’t try to stop it
today it might be impossible tomorrow in
fact it might already be too late in a
stunning statement lavro has declared
the unthinkable that Russia and China
have dollarized their trade almost
completely and this is a watershed
moment that gives the world especially
the global sound a Playbook to follow
more than 90% of settlements are carried
out in National currencies the rubo and
the Yuan energy Investments are also
growing at MCO supplying more
agricultural products to Beijing and as
we said many times before we must see
Russia and China as one unified economic
block that everything else makes sense
as they grow they will start to
influence global trade whether it’s
energy or industrial goods more trade
will be done outside of the dollar and
let’s recall yellen’s trip to guano she
was playing the good C but she also came
with a big warning that Chinese Banks
might be next on the sanctions list and
it’s all over The Wall Street Journal
Washington is preparing new punishments
for China’s financial industry they
might cut Chinese Banks away from the US
dollar system now we all know that’s
insane it will force China to start
pricing everything in the Chinese Yuan
and as the world’s biggest exporter of
finnished goods and importer of
Commodities China can effectively do it
they won’t collapse it will backfire on
the dollar itself and that will be the
final kneel in the coffin there of
course the thread of the US confiscating
China’s Holdings of us bonds Beijing
still has at least $700 billion worth of
Treasury stuck in US Banks there’s
always the risk of those going kapo or
frozen away but that’s the risk the
Chinese have to take at this point china
has literally no choice they’re appying
a ton of gold in the open market the
blue bar represents buying from the
Chinese Central Bank theyve been buying
for 17 months in a row that’s a very big
signal the pboc is the largest buyer in
the world it’s not just to store value
Beijing is moving to sanction proof
themselves there’s a reason why the
price of gold has been going higher and
higher they are essentially prepping for
financial armagedon that one day the US
might very well weaponize the dollar
against China is not impossible and it’s
becoming very very likely and we must
understand China’s dilemma if they stop
trade with Russia Today the US will come
back and demand Beijing do more it could
be oil trade with Iran next
and if China caves the US will keep
pushing pushing and pushing they would
demand China destroy its own industrial
capacity and even tell them to buy up
more treasury bonds China essentially
will be a province of the US so this is
a very slippery slope China has no
choice but to push back now they have to
take a stand and draw a very very clear
line but let’s shift gears to Russia the
confiscation conflict between Moscow and
the US is starting to get worse Russia
hased around $300 billion locked up in
the west majority is in Europe while
some are stuck in the US Financial
system in response Putin has issued an
ultimatum and a big Salo has been fired
a Russian court has also ordered a
seizure of JP Morgan’s assets they
effectively freezing jpm’s money sitting
in vtb which is one of Russia’s Banks
under us sanctions according to the
report the court has agreed to freeze
the money in JP Morgan’s Russian
accounts it also includes JPM state in a
small Russian bank and trademark
property right and this is the classic t
for Tech retaliation you freeze my
assets you target my money I start
targeting yours now $440 million is
essentially nothing compared to $300
billion is a drop in the ocean but
what’s Happening Here is Russia sending
a reminder to the West you have Assets
in Russia your companies are exposed
here and we can freeze or seize them as
well and this is a very scary sign it
shows Russia is willing to roll on the
ground and the m and grapple with the G7
on Thursday Janet Yellen came out with a
bombshell statement that the seizure of
Russia’s money is likely coming the US
proposal for using the interest from the
300 billion could win broad support and
this is a solution for countries worried
about outright seizure and it’s all
about convincing the EU that using the
assets is Justified and that’s where the
money is located over 260 billion
million is in Europe itself but here’s
where things get interesting the US is
moving away from issuing bonds tied to
the wifall profits the idea now is to
issue a loan to Ukraine for example if
the frozen assets yield $5 billion in
profits this money will be loaned to
Ukraine directly letting the profits
just like a bank it’s all about creating
a new income stream to find the Russians
according to the US the idea of a loan
makes sense there’s no need to issue
Bond draw up a Prospectors and start
pitching to all the investors a loan is
more direct and it saves a lot of time
to execute I think it’s enormously clear
that the US is pushing hard for
confiscation they’re trying to attack
the problem from all angles and it’s
just a matter of time before the frozen
assets are utilized maybe it’s a loan
maybe it’s issuing bonds or seizing
everything it’s going to happen sooner
or later and that’s why Russia is
starting to freeze Western assets as
well Russia has really iiz that they’
have made a horrible mistake investing
in Western bonds and going forward the
Russian bid will be gone forever and
that’s not good for the West it keeps
the cost of borrowing higher Western
sanctions always tend to P fire take the
price cap on Russian oil for example
since December 2022 the West has imposed
a $60 price cap on Russian crude it
worked for quite a while but the
situation has completely turned since
July last year Russia’s direct selling
price of Euros the black line is well
over the $60 price cap the espo price
which is oil to China is above $80 and
that is the Ping line and the final
selling price of Euros in the market is
$88 that’s the yellow line here a lot of
that money is being earned from Russian
vessels oil revenue is still flowing
into the country some will be used for
the war effort some will be channeled to
grow the Russian economy but there will
be a portion dedicated to refilling
their Reserves and as we can see
Russia’s Forex reserves are starting to
creep back up it’s heading towards $600
billion worth from the lows in September
2022 and that 600 billion that will
never be invested in American or
Eurozone assets ever again is going to
gold is going to the Chinese Yan but
let’s Circle back to blinken’s trip to
China because he has just met with wangi
blink is in Beijing and China just gave
him another big warning they are
starting to push back hard wangi told
blink that negatives between the US and
China are building and we must read
between the lines here it all has to do
with China’s trade with Russia now once
again China has re-emphasized they won’t
cut away trade with Russia the economic
ties will stay Beijing has taken a hard
line with blinken and wangi statement
says it all and this is coming directly
from the American readout just before
the meeting straight from the US
Department of State according to wangi
shoot out two SIDS lead International
cooperation against Global issues and
achieve a win-win for all or engage in
rivalry and confrontation or even slide
into conflict which would be a loose
loose for all this is the Line in the
Sand we’re talking about it shows China
isn’t afraid of Confrontation anymore
and if things get bad enough Beijing
will meet the US on the field and this
should be alarming to the world blink
trip is essentially a disaster he’s
encountering the Great War of resistance
Beijing won’t budge on key issues which
include Russia and the over capacity
claim and we know blink’s orders are
quite simple stop Chinese trade with
Russia to St Putin Out start with door
Ed goods and eventually squeeze China to
stop all other segments of trade but if
you’re Beijing cutting relations with
Russia is simply quite impossible
China’s making a big industrial pivot
which means they need a lot of cheap
Commodities and they’re getting a ton of
it from Russia Russia forecasts lower
price for the gas exports to China
versus Europe China is paying 28% less
for Russian gas versus the EU 28% is a
big margin guys it’s a big reason why
Chinese Industries are just so
competitive when your inputs are cheap
you can compete on price and just this
year alone China’s paying only $260 for
1,000 cubic M of Russian gas Europe on
the other hand is paying over $320 do
this is a very big price Gap that
changes everything and that of course is
the consequence of Europe’s decoupling
from the Russian economy the supply of
cheap gas and commodities is over the
discounts they all flowing to Beijing
but it gets better Russia’s wrapping up
exports to China at a maximum of 38
billion cubic met next year and in three
years Time by 2027 gas prom will be
selling an additional 10 billion to
China in total China could be getting
close to 50 billion cubic M of cheap
Russian energy a ton of Russian gas will
be powering Chinese Industries against
the west and that’s why Beijing refuses
to budge they won’t give up an inch now
because the US will be back for more and
the last thing China wants to lose is
access to cheap Russian oil and gas
that’s why blinken strip is just a waste
of time there’s too much stake between
China and Russia it’s all interconnected
if China turns their back on Russia
today they are in the Industries will
suffer tomorrow and if Beijing exports
less to the world they’ll be more
vulnerable to trade sanctions from the
US especially if Yellen slep sanctions
on Chinese Banks and once you understand
this you’ll realize that this is just
one big glorified holiday for blinkin
he’ll enjoy the food he’ll enjoy
Shanghai however nothing substantial
will get done but let me know what you
think did blink’s trp succeed and will
Russia continue freezing Western assets
let me me know in the comments below
stay safe be sure to smash the like
button and subscribe as we navigate
through this crazy times

Blinken’s in China and things aren’t going well for him. Beijing has given him multiple warnings and red lines not to cross. China has given clear signs they aren’t afraid of America’s economic threats. Meanwhile, Russia has just frozen the assets of JP Morgan’s Russian account. This asset seizure will likely continue as the West plans to confiscate Russia’s frozen $300 billion. Here’s what you must know!

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✅ Timestamps & Chapters:
0:00 Blinken’s Disastrous China Trip
3:34 China Defies US Economic Threats
7:22 Russia Moves To Seize US Bank Assets
11:18 China Refuses To Decouple With Russia
14:19 Blinken Waste Of Time

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36 Comments

  1. This was the Western plan all along.
    The US Financial hegemony is fading fast and their latest sanction attempts on Russia have not only failed, they backfired onto the EU ( US Vassal States and Bag-Carriers ) .
    The Chinese are aware that the primary target was to cut off Russian Energy and Oil from Chinese industries and hence the excuse of “ Russia has invaded Ukraine ‘ as the west was planning their sanctions all the time as they fear the SCO and Brics moreover, the effects have backfired so badly that the Brics are now putting into increased operation their three alternatives to SWIFT, alternatives to western debit and credit cards , they are now not using the Dollar where possible and using their own Currencies and Commodities Exchanges and, to now crown it all, with these latest silly threats by bankrupt EU and the US Empire to sanction China if they do not “ obey US demands !” It is very likely the Chinese will drop all US treasuries in total and introduce for SCO and Brics and African Union a Yuan based alternative that will , in my opinion be adopted by the entire developing World as the Earth is tired of being pushed around by US/Al Capone and his EU side kicks.
    The West is desperate to try to prevent and manage their own decline and these latest empty threats against a trading bloc , with a commodity and real economy will once again fail .
    I just wonder if Serbia joins either Brics or SCO , will the Hungarians and Slovakia follow as well due to their long friction with Brussels !

  2. China has ~4X the population of the US. China has ~10X the number of STEM graduates than the US. China is not afraid of the US.
    One of the latest insane headlines: "Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar"
    I do not believe Trump or his advisors understand how SWIFT actually works. Most who have "moved away" from SWIFT have been BANNED from using SWIFT. The last time I checked, there are more than 100 places/countries that have been BANNED from SWIFT.

  3. Beijing won't yield to any US cajoling or threats for that matter and Russia will continue to seize US assets in retaliation.
    The world is in a state of total reset and there's little any one country or group can do about it.
    No one country can be bullied anymore.
    It's now a situation of taking it or leaving it .

  4. Why does the US even persist with 'diplomacy' ? It's damned obvious that they don't do diplomacy. They do 'confrontation'. So, come on, Russia and China – call them out ! Don't just stare at the chess board – make your move !

  5. We are all waiting for the next idiotic move from the American government what will it do next to accelerate the process of self destruction. Brics is the best news in years no more weaponising money .

  6. If China listens to US and cuts off Russia, China will be next on USA's hit list. China isn't that stupid. If China helps Russia, USA will bankrupt itself in due course. The choice is pretty obvious.

  7. Of course there are much differences between Us and China. They are all caused by the Us. China is right to tell Blinkers – the choice is the Us to choose cooperation or confrontation. China can manage any one of the choices.

  8. US is lying again. The US demands an equal playing field from China when it comes to economy. It is actually the US not playing it equal. If the US truly want an equal playing field then Dollar should not be the standard currency.

  9. Blinken wearing his blinkers, but you have to admire his level of ignorance, I don’t know what he expected the Chinese to do, it’s really an American problem, with $34 trillion debt it seems threatening China is their will get them off the hook.

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