Eric Yeung Recounts How His Grandfather Helped KMT Store Fort Knox Gold in Hong Kong.

#gold #money #war #china #geopolitics

I had the pleasure of speaking with Eric Yeung aka KingKong988 about his family history going back to the Chinese Civil War.

We also spoke about how Hong Kong's influence as a financial centre is about to get a major boost as China sets up a replacement for Europe's Euroclear in the Special Administrative region.

Eric and I also spoke about the new $1.4 trillion in stimulus that should be announced soon by China and how it will impact the economy and commodities.

Last but not least we also touched upon the situation vis a vis the EFP Doom Loop occurring between the Comex and the LBMA. Eric thinks that comparing the current flow of physical gold from London to New York with what happened in 2020 and 2021 is a fool's errand.

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