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welcome to proven and probable I'm Maurice Jackson and joining us for a conversation is the founder of capitalism and morality and a highly0:12
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acclaimed adviser to institutional investors is giant bandari Mr bandari we're thrilled to have you back on the0:19
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show sir uh thanks very much for having me on again Maurice giant we have a lot of ground to cover today from0:27
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geopolitics to natural resources to philosophy let's begin today in China where I understand you spent a considerable amount of time since we0:36
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last spoke what can you share with us about your recent visit there that has you intrigued about China um Maurice I0:43
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was in China when we last talked and I'm back in China today um I spent a lot of time in East Asia I spent a fair bit of0:52
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my time in Tokyo and elsewhere in East Asia um I am enamored with East Asia the0:59
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reason is that East Asia has not made the mistakes that the Western countries1:05
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made um now when I go to now a a North American city it does not matter what it1:12
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is Toronto Vancouver Calgary or whatever um they look more and more like a train station in a third world country uh the1:20
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streets of these cities uh because uh we have pretty much opened the gates of these countries for all kinds of people1:29
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to enter enter and make their make these countries their own so there's no chance of assimilation there's chaos in those1:36
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countries and you can visibly see chaos in those countries if you don't consistently spend time in your city um1:44
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so I am enamored with East Asia because East Asia has declined to accept the1:51
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mistakes that the Western countries have made in the last 50 to 60 years despite the fact that most of the good qualities1:59
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of East Asia were actually imported from Western Society so these are European values in East East Asia including in2:07
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China if you talk with the Chinese he wants to learn English he wants to understand English and European2:14
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mannerisms uh he wants to copy he wants to emulate Europeans um and at the same time Western media is demeaning China as2:24
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if something there's something wrong about Chinese people I mean China is an amazing country in so many ways um so I'm enamored and I see East Asia2:33
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as the future of humanity because Europeans have given up control over their Destiny oh you're going to ruffle2:40
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some feathers with that one you know from an Outsiders perspective I'm of the opinion and I'm sure many Americans are2:47
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of the opinion as well that China is dominant to the United States in many facets such as infrastructure military2:55
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the procurement of natural resources and Innovative technology albeit some of it as you just referenced include imitating and not respecting intellectual property3:03
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rights number one am I mistaken and number two how much does culture philosophy and demographics play into3:11
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this narrative well so it is uh you know when I look at China when I travel in China and after our call I'm going up to3:21
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another city we are driving to another place the infrastructure of China can is3:27
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mostly built and copied based on how American infrastructure is built the quality of Roads is of course much3:35
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better in China they have very good tunnels everywhere uh the so the quality of infrastructure is outstanding today3:44
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um in many ways China feels like a good combination of the United States and Japan which sounds like a strange thing3:53
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to say because the the the reason is that China is a huge country so they have open spaces4:00
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as the United States or Canada or Australia have but also they have retained the the the ways of doing4:08
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things that are Japanese or Korean or Chinese the East Asian ways um and4:15
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adapted the the Western values U uh uh in their society so it looks like a very4:22
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good combination of the United States and uh Japan but of course I I must be cognizant of the fact that I spending a4:29
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lot more money than the local Chinese does so what I'm saying is not does not mean that the life of a local Chinese4:37
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has uh is similar to that of an American or similar to that of a Japanese but if you have are if you are reasonably well4:47
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off China offers you amazing uh facilities uh now U you know I go out to a restaurant a nice restaurant in China4:56
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and we spend something like $10 per person um that's the kind of money you spend um5:03
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I went out to a golf club to do to to kick some balls at the club and it cost5:10
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me about um $10 per person for uh for uh four racks of balls in a really nice5:19
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golf club so U this is the kind of country this has become the regulatory Pro issues in China are minimal uh a5:27
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friend of mine I was talking with recent ly applied for his driving license and from the test to getting the driving5:35
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license took him less than an hour um with the person helping him out in every5:41
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way possible with documentation so China is uh is in so many ways so good now5:48
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there is indeed a fear to do with loss of difficulty in finding jobs uh young5:56
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people are increasingly finding it tough to get jobs but this is more because China has moved on so rapidly their6:03
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educational system hasn't really adjusted itself to the changing um job6:10
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skill requirements so people who are coming out of universities are not necessarily fully prepared for what is6:17
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on the offer from companies so the because of this job mismatch companies are finding it difficult to find a6:25
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skilled labor whereas people of course can't find jobs so a large number of people are unemployed but at the same6:33
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time it's a stable country it's a peaceful country government regulations are limited government interference is limited and people feel mostly safe and6:42
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uh free uh now this is something very very shocking for most people but you know again when I'm in China I feel6:51
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extremely safe you leave your these days in major Urban cities people leave their bags on their coffee table7:01
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in on their seat on the coffee shop and go away to the washroom come back 15 minutes later so they are they feel safe7:09
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that uh the country has a security system U so there are lot of good things to do with China and finally Maurice7:16
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when I said that if China sometimes feel like a mixture of America and Japan um I you know you go to um a a local7:25
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supermarket including Walmart and you realize that the variety of goods available in those shops is very very7:33
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likely much higher than what you find in the United States because China has the economies of a scale it has four or five7:42
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times the population of the United States a great infrastructure U and uh it it is a country that is growing it7:49
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produces pretty much 50% of everything we consume today how do you attribute the um all of the virtues you just7:57
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referenced to the fact that there are homogeneous society or am I wrong in that is that a misconception well it is not a8:05
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misconception at all and being homogeneous is extraordinarily important you have to strive to become homogeneous8:14
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uh the moment you become heterogeneous Maurice your Society starts to crumble politically and socially uh that's what8:22
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you see as uh an ongoing fact in South Africa and in and in India uh and8:30
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increasingly in the United States look at how badly the the races don't mix in8:36
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the United States um so staying homogeneous is an extraordinarily extraordinarily important thing to do8:44
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and the fact that Western countries are now increasingly non-european uh ethnically non-european8:52
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majority countries they will they are headed for a suicide and I use this word literally because Western countries will9:00
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destroy them themselves because they have taken the path of heterogeneity in racial cultural and political terms and9:09
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that will really as to might destroys a structure destroy the Western societies9:15
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and that's why I am certainly trying to establish myself a bit in East Asia despite the fact that I continue to live9:23
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in the United States giant if you're hearing a loud Applause in the background I think everyone listening is giving you a standing ation on9:30
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that you know speaking of demographics and being homogeneous you recently conducted a presentation expounding on the demographic changes happening9:39
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throughout the world and the unforeseen duplicitous impacts you foresee can you share more with us um morce it is very9:47
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important to understand that the third world countries are third world countries not because of their tyrants the third world countries are the way9:55
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they are including why they have those tyrants of the local people it is the culture and the kind of local people that live10:04
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in those third world countries that the third world countries are the way they are now when you bring in those third world country people you bring in third10:12
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world culture to your countries that is you know that is just simple basic reason 101 and now Western countries10:20
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somehow decided that this was not relevant now here is the situation Maurice today the spine of the western10:28
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Society is the United States of America it continues to be in my view the best country on the planet but here is the10:36
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problem if you look at the demographics of those below 18 years in the United States more than 50% of those people are10:45
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non-european in ethnic terms now it matters about Maurice your race your culture the the the the society that you10:54
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grow up in really matters in deciding what the future would be like so the United States uh now has 43% of its11:04
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population that is ethnically non-european which means that within just over a decade the United States11:11
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will no longer be a European country it will be a European Europeans will be a minority in that country now that does11:19
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not mean that there's this strict 50% points that I'm waiting for which will come in about 10 years for me that will11:28
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only signify by a paradigm shift in how you will look at numbers but if you really look at how voting has been11:35
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happening in the United States uh Republican party just simply refuses to win the popular vote since11:44
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1988 no Republican party person has won the presidential election based on11:51
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popular vote except for George W bush Bush Jr who won because in the second term because he was a time president but12:00
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apart from that uh the popular vote since 1988 has consistently gone to the Democratic party now eventually as we12:09
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see now uh electoral college is um getting trumped by u a popular vote and12:16
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as a result in the future having a trump as the president or George W Bush Jr as12:23
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the first time president would not have happened because both of them actually lost popular vote third world people12:31
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vote in a third world like ways which means that they in they they vote for on tribal basis they vote for12:39
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psychopaths and as time goes by America will increasingly have a third world12:46
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country uh politics based on tribal affiliations based on magical thinking based on irrationality based on12:54
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immorality because that these are the essential ingredients of third world people and now they will be more than13:01
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50% of the population but the inflection point was several decades back in the past America has been degrading as a13:09
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result of this so yes Maurice coming back to our original point the West should has stayed homogeneous but but13:16
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now there is really nothing you can do about it because all these people have American passports Canada and New13:23
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Zealand are only a step behind Canada and New Zealand both will be ethnic ically non-european majority countries13:31
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in less than two decades and that is baked in the cake because this is just going to be a result of the demographics13:39
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of people who are already in the country even if you forget completely any new immigrants this is all baked in the cake13:47
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Europe will be just two steps behind America but remember if America falls apart everything else will fall apart in13:54
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the western Society because America keeps the strong structure of the West intact in fact with America weakening14:03
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you are now starting to see problems all over the world Mexico just elected a a a14:10
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farle socialist as the president um Chile is burnt down today basically14:18
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because leftists are in power Peru has the same problem so Latin America is becoming increasingly leftist Africa is14:25
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someone we don't even care about anymore Africa will have 50% of the world's population by the end of this century14:33
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when it had only 9% of the world's population in 1955 so the world's demographics are changing very rapidly14:41
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and Europeans are in just over a decade will completely lose political control not just of the world but even of their14:50
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own societies because they are becoming minorities in their own countries that's a paradigm shift I don't know we can14:57
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even conceptually contemplate but we're seeing the degradation you know and anyone listening for the first time to our15:05
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interview here with Mr barari we've had the pleasure of interviewing Hugh now what since 2016 listen to those interviews think about that time frame15:13
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listen to what this man has shared with you and you'll see he has been spot on and unfortunately I hate to admit that15:20
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because the some of the uh not predictions or you could call them predictions but what you've said has come to fruition and it hasn't been for15:28
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the best but you forewarned us you you have that vision and that ability to foresee things and uh I just pray that15:35
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everyone is listening here they take the right actions and do what they can in whatever respects they can to benefit15:44
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and or you know uh make peace with what will come and you reference elections let's talk about uh the election coming15:51
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up in the US any thoughts there do you see Trump winning this or Biden winning this or a third party surprise well I I15:59
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really hope Trump wins the election because that is the only hope the US has uh but at the same time remember the16:06
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degradation is now baked in the cake you can only delay it by three or four years um because popular vote will eventually16:15
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completely prump Electoral College um and popular vote will be into the for16:22
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foreseeable future actually increasingly in the foreseeable future in on the side of the Democratic Party and the Democratic party will increasingly elect16:31
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Psychopaths like kamla Harris as their vice presidents or even Biden as their presidents so um the politics will16:40
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continue to veren I do hope we get a three or four year fiveyear reprieve through Trump and delay this regation16:47
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but as I said the the problem with the US is it citizenry um more than 50% of16:54
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its citizenry is of non-european ethnicity and it matters because they increasingly vote they they vote for uh17:03
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they predominantly vote for the left and they will destroy and convert America into a third world country you know17:10
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speaking of elected officials how about Argentina the president the I'm sorry the president there uh what are your thoughts on his job so far how he's been17:18
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doing oh excellent absolutely impressive I'm very happy that he got elected uh17:24
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but I'm still uh going to hold my final view on urgent because Maurice I have spent time in17:32
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Argentina Argentina is a lifestyle country as Canada is in many ways and argentinians vote on the basis of17:40
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freebies and etc etc on liberal Progressive policies uh so what in my17:47
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view actually happened in Argentina was that mle was the only option left for them they had tried everything and everything just was just getting worse17:56
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so M mle has some time to change a few things but once the once the lives of people in Argentina start becoming more18:05
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comfortable they're mentally are they are mentally likely to shift back to their leftist ways which means that I am18:13
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uh doubtful that mle would be reelected if the economic situation in Argentina is better now that's an interesting situation but18:22
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that's how the world works now before we move on to Natural Resources let's visit India where they recently held elections with retaining the helm with the catch18:30
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this time what can you share with us well Modi lost his majority so he has to now depend on minority parties to stay18:40
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afloat uh now that does not mean that he's in a weak situation U he will in my view continue to be the Prime Minister18:48
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for the next 5 years U and there will be a lot of host trading happening in in the in in the parliament uh people will18:56
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be paid tens of millions of dollars to shift Alliance Allegiance from from the opposition party to the ruling BJP party19:05
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uh but uh the fact remains Maurice that India is a third world country and it is increasingly becoming a fourth world19:13
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country and will eventually become a fifth or sixth world world country uh it is degrading very rapidly it is be19:20
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becoming depraved very rapidly and there's nothing you can do about it institutions simply do not exist in that19:28
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country um the the they are now shells of what they were termite has hollowed out19:36
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everything institutionally in that country you cannot get Justice politicians do nothing except to fanatiz19:44
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people and to offer free Bas uh and irrespective of of whether you are the ruling BJP party or you are the19:51
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opposition party all you do is either deal with the religious fanaticism or19:57
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offer freebies to people um there's no vision for the future of the country and the citizenry itself is very apathetic20:06
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it has always been apathetic there's no moral and rational Fabric in that country something that I have referred back to you many times in the past20:15
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Indians are irrational they think through magical thinking they don't have a moral fabric they don't have a20:21
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rational fabric so there's no path uh or vision for the future so on India20:28
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continue to degrade Modi has been a catalyst in that Modi has degraded the country quite a bit but I won't blame it20:37
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all on him because uh the real blame goes to the people who are responsible for for having a vision for their20:46
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country and they don't have it and the worst of all Maurice is that the so-called educated people have less vision for the future than the20:54
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uneducated people so that is why uh India's future is really horrible and one out of six people on the planet is21:02
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an Indian so expect more Indians coming to the United States more Indians coming to Canada actually a lot of PE people21:10
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crossing to the United States from the Mexican border are Indian 27% of immigrants in Canada today are coming21:19
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from India you know you you have a Twitter page and you post a lot of videos there from India and so if21:26
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someone has any U dis to what you're sharing you should take a look at Mr bandar's Twitter page what is that Twitter henders sir uh giant bandari 521:35
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now moving on to Natural Resources let's begin with physical precious medals gold and silver have lost a little steam since March and April but have held21:44
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relatively consistent which precious metals have your attention at the moment and why well yeah I think it's easy to21:51
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say that they have lost some esteem just because they have fallen by $100 when they have gone up by hundreds of dollars21:59
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per ounce over the last few years so in my view gold and silver have done extremely well they have performed the22:07
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way precious metals should have performed U and uh the world is becoming increasingly chaotic as I just referred22:16
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to you earlier demographic changes in the west will destroy the West so there22:23
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will is a lot of chaos coming and without Pax amarana the third world countries will be become tribal Savage and barbaric over the next couple of22:31
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decades which means that there will be massive amount of Chaos in the third world countries so a lot of precious metals will be bought by people with22:39
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wealth now as I rightly implied in the meantime as well East Asia the China22:46
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Japan and Korea will stay sane and stable going forward and that's why I am22:53
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more interested in these countries but because of this chaos this churning that is starting to happening or actually which has been happening for the last23:02
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two decades or so and will increase Pace this chaos and churning will lead to increased in interest in um precious23:11
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matters I pay most of my attention to Gold uh primarily because silver is also an industrial commodity and there's a23:19
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lot of silver that gets used in several industrial purposes in including for sun solar energy so that you you kind of23:28
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answer my next question was if you were to purchase make your if you were to begin your precious Mills portfolio today which physical precious metal were23:36
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you purchase in why is the answer gold yeah absolutely yeah I I think U uh within my precious metals U you know23:44
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it's like keeping cash when I want to keep cash I prefer US dollar despite I know it's paper currency it's fiat23:50
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currency and it has no future but I if I have to have fiat currency I prefer US dollar in my pocket because when I travel around around the world I can use23:59
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it wherever I am in the moment all Fiat currencies lose their values but similarly gold is something that is24:07
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accepted everywhere in the world and it does not lose its value because it in ounce terms it is stays the same ounces24:15
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and for now it has been catching up with inflation uh so the price has been going up in response to increased inflation24:24
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but I think price will go price of gold will go up faster than inflation going forward because there is geopolitical24:32
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chaos it will go up in response to chaos increasing in the world as well so gold is the primarily primary thing I think24:39
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about um but you know my net worth is invested not just in Gold it goes into a lot of other areas and I invest24:46
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increasingly in East Asia because I see that in the medium and long-term uh East Asia will be more stable of course you24:56
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know Western countries are wonderful countries even today but then what it is today does not mean it will continue to be the same in the future and I'm afraid25:04
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of the future of the West and as a reminder for audience members I'm a licensed broker for Miles Franklin precious metals Investments where we25:13
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offer physical delivery of Gold Silver Platinum Palladium and rodium along with Brinks depository accounts and precious25:21
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metal IAS and be sure to subscribe to our website proven and probable tocom as25:28
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subscription is free so it's 100% currency back guarantee if you don't like our our content there and you're always more than welcome to give me a25:36
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call if you have any questions and or you're ready to place your first order or you're an existing client you always know you can call or text me at25:46
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855505 1900 moving on to Resource stocks giant you're one of the most respected names when it comes to Resource stocks25:54
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analysis and Arbitrage opportunities why are resource stocks lagging relative to strong prices in gold silver copper and26:03
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uranium uh I think precious metal stock will do well in the near future what is26:09
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happening Maurice is that there are many mergers happening currently in the mining sector this um this these mergers26:19
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will result Into Cash flowing into the junior mining sector which has been repressed for many reasons um when that26:28
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money flows into the junior mining sector in my view I would not be surprised if overnight there is an26:35
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explosive increase in share prices of some of the good companies but at the same time Maurice remember that 90% of26:43
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Junior mining companies are totally worthless they are run by wrong people they don't have real projects and they are there's there a lot of scams in the26:52
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industry so if so 90% of these companies are headed towards Extinction but 10% of27:01
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the companies which Market cannot differentiate from the remaining 90 which have been repressed will in my27:09
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view see explosive growth in their share prices over the next few months or maybe a year uh if nothing else because of27:16
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mergers and Acquisitions that continue to happen there are about 10 12 mergers and Acquisitions currently in process27:24
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more than I have ever seen in my life in in the mining industry so that bows the question then have we hit capitulation27:33
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and if yes what indicators are you looking for for confirmation well the the market has actually done reasonably27:40
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well Maurice so uh you know I know many of us is still think that the market hasn't really started performing uh but27:47
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a lot of companies you know irrespective of who you are if you have a decent portfolio you should have seen a27:55
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reasonably positive performance of your portfolio um particularly because some of these Junior mining companies have been bought28:03
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by senior companies so you have faced an immediate Arbitrage premium based on the28:09
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merger uh so I I have seen those things people I talk with are happy that their portfolios have actually done very well28:18
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to reasonably well but there is a still an expectation of an explosive increase28:24
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in share prices in in some of the stock STS speaking of stocks are there any value propositions at the moment that28:32
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have your attention that we should be considering okay so morice let's talk about some SE three two or three four28:40
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Arbitrage opportunities because for me Arbitrage opportunities are very interesting because I get to buy something at a discount to the market28:49
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and then U if I like those companies then I just buy those things at a discount and book those disc that upside28:57
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very quickly so let's talk about a few companies one is a company called base resources it's a company listed on29:05
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Australian stock exchange and it is being bought by a Canadian company um now the price of Base resources is29:13
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Australian 2.26 26 Cents Australian there's a 17 17% Arbitrage in owning uh base29:23
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resources now base resources after the merger will no longer be trading on ASX29:30
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the the reason why people who live in a who who have accounts with of Australia29:37
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listed company brokerage only accounts they are afraid that their Canadian shares will not be tradable anymore so29:46
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they want to sell their shares as soon as possible uh but if I can own these uh base resource shares in a company in a29:54
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in in a on a platform like interactive brokers um my my shares will automatically convert into Canadian30:01
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shares and I can benefit from that 177% Arbitrage upsite so base resources the30:08
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ticker is BSC and it's trading at 26 Cents I have no reason to bid higher there's another company called osino30:15
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resources it's trading at $1.76 they have a project in Namibia a maor process is now complete except that30:24
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they need an approval from namian government the Arbitrage upside 7% in cash terms because while you will be30:31
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buying shares for $1.76 you will get $190 cents in about a month's time when the merger is closed30:39
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now remember a 7% upside does not look very exciting but if you annualize it it30:47
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becomes more than 100% or at least 100% so it's a very exciting upside in my view two more companies Maurice one is30:56
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black wolf copper the ticker is BW CG at 122 Cent current share price the31:02
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Arbitrage upside is 12% uh and arot gold the ticker is AR it's trading at 41 half cents and the Arbitrage upside is about31:11
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8% now all these four um companies I I have told you except for base resources31:19
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will U the mod will be over within the next 1 month or 3 weeks base resources I think will take another two months or so31:28
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so you can invest in them and um profit from Arbitrage within the next few weeks31:35
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in oino resources agut gold and black wolf copper well Giant on behalf of all of us thank you for sharing your insights because again it's a just as a31:44
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courtesy to our audience members we really do appreciate you sharing that with us now in closing giant all of the31:50
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affir menion in one way or another are impacted by philosophy why is philosophy par amount for us to understand and yet31:59
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so underappreciated and understood uh uh well I mean philosophy and Western values to me are very similar Concepts U32:08
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philosophy is a western uh product and slowly either through wealth or whatever32:15
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that happened in the western Society we have increasingly lost touch with Western values and philosophy uh the32:22
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reason why we have these crazy wokeness now you are uh you are exposing uh babies to drag drag dances and a show of32:32
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genitals which is absolutely crazy to me so I think attaching ourselves to spiritual values of the western Society32:40
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is extremely important and that is why I run a yearly seminar in Vancouver called capitalism morality I was in Vancouver32:48
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uh 10 days back to run the seminar um and and that is and you know that that is what philosophy and Western values is32:57
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are what underpin Humanity as a distinct species from the Animal Kingdom uh without those things we were actually no33:05
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different from animals Maurice really and if you visit a third world country you know go to any third world country go 20 30 kilometers outside the urban33:14
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areas and people pretty much live like animals so you know philosophy and Western values are so important to give33:22
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us some dignity and um a a decent life that we have enjoyed in the West in society yeah joh I've learned so much33:30
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under your philosophical form which bridges that Gap if you will on the importance of philosophy you referen capitalism IM morality please introduce33:39
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someone new to it uh what is capitalism morality where is it conducted and who all do you have uh speaking there um well I've been running this seminar for33:48
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the last 15 years now U this year we had uh W Dr Walter block speaking33:55
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um um Rick rule was there um there were about 10 10 12 speakers I can't they are not coming to my mind34:03
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right now um but um they addressed issues that are relevant to to the west34:12
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to relevant to civilization and mostly topics that we usually don't talk about in in uh in public these days because34:20
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political correctness has had such a suffocating grip on the western society today so we come to cap is and morality34:28
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to speak about things that we would not otherwise and this is very interesting uh Maurice political correctness has34:36
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such a horrible grip on the psyche of the western society that they they think that they have freedom of speech in the34:43
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west I think today I have more freedom of speech in China than I do in the United States which is such a sad thing34:50
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so I want to run this seminar expose people to ideas that they are no longer allowed to be exposed to because of34:58
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political correctness and actually I if I'm not mistaken you've had some threats in reference to uh the hosting of capitalism morality by uh by the left if35:07
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you will because they did not they wanted to censor what you were saying uh yes I mean that keeps happening I was also cancelled from even a mining35:14
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conference as an attendee u a conference that that I was there in Frankfurt in Germany and they cancelled my35:23
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registration because I seem to trigger people and feel make them feel unsafe uh which is so strange really we have35:31
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become such a snowflakes that we can't hand even handle ideas that uh even35:38
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ideas now stab us so it's it's a very sad situation uh with uh with the cancel culture that we are developing in the35:47
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west when and where will the next capitalism immorality be conducted uh well it will be 2025 late August or35:56
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early September uh I still have to decide on the date and and the location will be uh it will still be downtown uh36:03
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Vancouver and giant for someone who wants to register for the Symposium where how can they do it U they can go36:10
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to my website giant and.com there's a tab called capitalism and morality you can watch all the past videos of the36:19
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seminar for free and there will be a link for registration to the next year's seminar as well and I understand you'll36:26
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have the uh videos for this year's presentation up here in the near future is that correct um well in just about two weeks Maurice and I'm looking36:34
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forward to taking your help to upload those videos oh my pleasure sir last question sir what did I forget to ask uh36:42
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well I think we have covered a lot Maurice I I really have not much to say except that I really think that the36:50
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world is headed for a chaos and uh people should be protecting their wealth by going International inter36:57
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nationalizing themselves and paying more attention to East Asia and they should stop demonizing China until they have37:05
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actually visited and spent some meaningful CH time there um just go and admire the progress these people have gone through in the last two three37:13
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decades rather be intellectually vulnerable to the Western media and Western politicians who do not want to37:20
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see who do not want you to see China in positive light well Mr mandar has been a pleasure speaking with you wishing you you the absolute best sir thank you very37:29
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much for the opportunity mace all the best sir the information presented on proven improbable is provided for educational37:37
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and informational purposes only without any Express or implied warranty of any kind including warranties of accuracy completeness or Fitness for any37:45
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particular purpose the information is not intended to be and does not constitute Financial investment or trading advice or any other advice you should not make any Financial investment37:54
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or trading decision based on any of the information presented without first undertaking independent due diligence and consultation with a professional38:00
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broker or competent financial adviser
