I Changed My ENTIRE Prediction On Prices Here’s Why! Andy Schectman Last Warning

I Changed My ENTIRE Prediction On Prices Here’s Why! Andy Schectman Last Warning

I want to remind people of a a statement
that was made by the chairman of the
Shanghai Gold Exchange on May 15th 2014
and he says the Shanghai Gold Exchange
will change the current gold market with
its consumed in the East but priced in
the west Arrangement and when China has
the right to speak in the international
gold market the true price of gold will
be revealed could janic Yellen in Brazil
um in in Russia’s backyard a charter
member of the bricks recent 3 weeks ago
say we need to not only sanction the 380
billion in Forex reserves held on on
behalf of the Russians but we need to
confiscate it and give that to the
Ukrainian effort why they’re doing it
and I just want people to take a step
back and understand exactly what is
happening here that in today’s video
Andy sheckman discusses the growing
demand for gold particularly driven by
China’s influence he highlights a
statement from the Shanghai Gold
Exchange indicating China’s potential to
influence the true price of gold in the
global market sheckman criticizes US
Treasury secretary Janet yellen’s
proposed sanctions on Chinese entities
allegedly aiding Russia pointing out
hypocrisy in US foreign policy he
questions the rationality of such
actions and suggest they may reach a
point of absurdity so please pay close
attention until the end as Andy has some
crucial information to share with you so
just along the lines of everything that
I’ve been saying on your show for the
last four years going on um you know
three plus years and I um just following
this narrative it uh I have a lot to
talk about but I’m just going to limit
it to two things um one I want people to
think about the gold demand that we have
been seeing um and the Central Bank
appetite for it and I want to remind
people of a a statement that was made by
the chairman of the Shanghai Gold
Exchange on May 15th 2014 and he says
the Shanghai Gold Exchange will change
the current gold market with its
consumed in the East but priced in the
west Arrangement and when China has the
right to speak in the international gold
market the true price of gold will be
revealed I believe we are on our way to
that I do believe truly that a lot of
these com countries are selling us
treasuries and buying gold in
replacement and looking at it as an
asset that has performed better and has
no counterparty risk no default risk no
sanctioning risk and that’s the big one
right and I’ve talked a lot about it
being too stupid to be stupid and how
could Janet Yellen in Brazil um in in
Russia’s backyard a charter member of
the bricks recently three weeks ago say
we need to not only sanction the 380
billion in Forex reserves held on on
behalf of the Russians but we need to
confiscate it and give that to the
Ukrainian effort and I mean you can’t
talk about being more stupid until what
she just did and this is from the too
stupid to be stupid and couldn’t be
planned category uh this is right out of
uh um an interview that she gave with
CNBC and it says the US is ready to
sanction the Chinese Banks if they aid
the Russian war machine Yellen says the
United States is prepared to sanction
Chinese Banks and companies as well as
beijing’s leadership if they aid Russian
military in its invasion of the Ukraine
us treasur secretary Janet Yellen said
so you know it’s okay for us to Aid the
ukrainians but it’s not okay for China
to Aid their Ally their brics member um
Russia and it says the United States is
prepared to sanction Chinese Banks’s
company as well as be beijing’s
leadership uh if they if they assist
Russian Armed Forces We Stand ready to
act if we see significant violations
especially by financial institutions
anything that involves aiding Russia’s
military in their brutal war against
Ukraine is unacceptable to us and we
have the ability to sanction it and I I
think the craziest part is she says
China is entitled to have a relationship
with Russia she said but you know the
trade between the two countries uh which
the US sees as nonprotic but the
provision of military aid from Beijing
to Moscow could trigger sanctions well
thank you Janet it’s nice that you don’t
see it as problematic and that we’re
we’re entitled do you see the hypocrisy
in all of this first she says it’s okay
that that Brazil in Brazil that we need
to confiscate Russian Forex reserves and
now she was is going as far as saying
well you know we can do this with with
Ukraine no matter what the world opinion
is uh but if you try to do it with your
ally well we’re going to sanction you
and and that would be sanctions then on
Russia Iran uh uh and China and and I
mean at what point does this just become
ridiculous already and when you talk
about incent I izing these countries to
dump Bonds in favor of gold this is just
part and parcel exactly why they’re
doing it and I just want people to take
a step back and understand exactly what
is happening here that we are going
around the globe and doing things
entirely hypocritically and
incentivizing all of these countries to
dump dollars and to to accumulate gold
in replacement of the treasuries which
have no sanction risk which have no
counterparty liability which have no
default risk and and when you go around
saying you can do this but you can’t
repetitively over and over and over
again and are now doing it with you know
um uh 2third
of uh of the original five or three of
the original five members uh of bricks
well I I shouldn’t take I should take
that back Iran’s not one of the original
members but they’re in there now but to
do it with Russia and to threaten to do
it with China and to do it with Iran
it’s just stupidity and I just want
people to know that um the the end of
stupidity is is it just keeps on going
and and what Janet is doing by doing
this is only accelerating the demise of
the Petr dollar and that to me is the
most important thing we can skip all the
other things that I want to talk about
we’re already at an hour we can save
that for next week but uh put that one
in in your pipe and smoke it because I I
don’t know of anything that we could
do you know including weaponizing the
dollar but going around or excuse me by
signing executive order gold green and
then weaponizing the dollar to this
degree and speak of confiscating Russian
assets that would you couldn’t draw it
up any better to to accelerate the
demise of the western system and and yet
they continue to do this so it’s just
beyond me how stupid it is of course and
why would why would anyone I mean put
yourself in their shoes well they have
the right to say that we can’t do it yet
they’re doing it and and and the truth
of the matter is You could argue that
China and and Russia are are more real
allies uh in in many respects in the
United States and Ukraine is I mean
Ukraine seems like a puppet of the
United States and I think that Russia
and China actually are allies in a much
larger meaning of the word much larger
scope they have a vision of of unity and
cooperation whereas it just seems if
you’re really being honest that that the
Ukraine is a puppet of the West and of
NATO and and it’s wrong and it’s this
type of hypocrisy the same stuff we did
in Iraq uh it’s just it it’s it’s only
going to accelerate the demise of the of
the world Reserve status and people
don’t understand you know I think the I
use that phrase little by little by
little then all at once and the little
by little takes so long people dismiss
it and they look past it and and they
think it’s a nothing Burger because it
takes so long yet I look at it and I
can’t believe because the media doesn’t
just do a poor job they do no job of
telling us what the little by little is
like this uh but when the all at once
happens I think it will people will be
shocked by how fast the all at once
really happens and that all at once
would be all of these countries who have
been continually bullied and backed into
a corner say we’re done taking the
dollars and treasuries uh for for our
Commodities because not only because
you’re going green but because of this
because you can say that it’s okay for
you to do this to the Ukraine or help
the Ukraine but can help our own allies
and if we do people that we’re United
with um and in a very large group with
um but if we do then we’re sanctioned
and we have our assets confiscated we’re
done and and I think anyone in the other
side would would see this as being
completely and totally legitimate and
completely and totally logical um and
Justified and it’s it’s it’s as if we
can do all of these things with no
consequences and that’s why I love Bill
Halter’s comment it is it too stupid to
be stupid or is it planned and it just
seems to me like this is just from the
two stupid to be stupid category uh
first Russia uh first Iran then Russia
and now uh China you know who’s next
India Brazil I mean I guess we’ll find
out thanks for watching if you found
this discussion insightful don’t forget
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content stay tuned for future updates on
gold market dynamics and geopolitical
Analysis see you in the next video
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