🐳 WhalePool Traders Journal
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Bad trading habits make trading like gambling. This channel is for proactive and decerning investors and traders
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EIC - The Company That Ruled the World | full documentary
#FINAiUS.

The East India Company was a ruthless machine that orchestrated history’s largest wealth transfer — conquering empires, building private armies, and rewriting global trade through blood and spice. 🔥

#finaius

-CHAPTERS-
00:00 The Birth of the Company (1599)
01:17 The First Voyage
02:30 The Mughal Empire & the Embassy (1615)
06:01 The Accidental Gift of Bombay (1661)
09:34 Declaring War on the Mughals (1686)
12:27 The Fall of the Mughal Empire (1707)
15:04 The Invention of the Sepoy (1746)
15:53 The Rise of Robert Clive
18:37 The Jagat Seths: Bankers of the World
20:58 Sponsor - Privacy
22:41 The Rise of Siraj ud-Daula (1756)
24:56 The Battle of Plassey (1757)
28:04 Merchant to Monarch: The Diwani
30:58 The Rise of Mir Qasim
33:44 The Fall of Qasim & the Battle of Buxar (1764)
37:07 The Great Bengal Famine (1770)
41:18 The Death of Clive & the Rise of Hastings
43:14 Opium, Conquest & a Global Drug Empire
46:44 The Opium War (1839)
50:13 The Sepoy Uprising of 1857
53:18 The End of the East India Company (1858)
56:07 The Rise of the British Raj

https://youtu.be/JtM_iTPJIJw?is=qP1jfOMXMFe6ihV9
China Just Shut Down Gold Trading" and it was created by #AndreiJikh

This video explores China's recent decision to halt retail paper gold trading, suggesting it is a strategic move to establish a new, physical-based gold settlement system that challenges the Western-dominated financial markets (0:00-4:33).

Key Points and Takeaways:

The Crackdown on Paper Gold: Major Chinese banks, including ICBC, have announced the end of retail paper gold trading effective July 24th (0:20-0:59). The official justification is the protection of retail investors from extreme market volatility, following a significant drop in gold prices from their January highs (1:04-1:56).
The Theory of Price Suppression: The video posits that the global gold price has been artificially suppressed for decades through "paper gold" markets—contracts representing claims on gold without physical delivery. By eliminating speculation and margin trading, China aims to enable "real price discovery" based on physical supply and demand (2:47-4:07, 6:46-7:38).
The Shift to Physical Gold: Central banks globally, including China's, have been accumulating massive quantities of physical gold, often hidden from official reports, while simultaneously reducing their holdings of US Treasuries (3:28-3:50, 12:20-14:19).
China's New Gold System: China is building a parallel financial infrastructure centered in Shanghai (for physical vaulting and pricing) and Hong Kong (as an international gateway). The goal is to anchor the yuan to gold, providing a stable alternative for commodity settlements that bypasses the US dollar (17:57-20:56).
The US Perspective: The video discusses the possibility that the US may respond by revaluing its own gold holdings (currently valued at an outdated $42/ounce) or introducing gold-backed Treasury bonds to maintain the dollar's standing, potentially as a "monetary declaration of independence" (21:05-24:18).

https://youtu.be/Z_xvkbGWauU?is=j4EnF2PNQehaBWAX
From caviar to foie gras: China’s next export shock

“Even French foie gras is being outclassed by China!” 
My friend sent me this message after seeing a news report that China’s foie gras production was rapidly closing in on France’s.
Once synonymous with French fine dining, foie gras has been steadily “demystified” in China. It is no longer an exclusive luxury but an increasingly accessible ingredient, finding its way into everything from foie gras fried rice to hotpot, where thin slices are briefly cooked in simmering broth. Even in upscale restaurants, the once-novel “foie gras cherry” has become a staple on the menu.

https://www.businesstimes.com.sg/lifestyle/food-drink/caviar-foie-gras-chinas-next-export-shock
#SgMarketUpdate
Singapore stocks fall as investors await Fed chair comments; STI down 0.2%

Singapore stocks ended lower on Wednesday (Jul 1), as investors held out for upcoming comments from US Federal Reserve chair Kevin Warsh.

He is expected to speak later in the day at the European Central Bank Forum in Sintra, Portugal.

The benchmark Straits Times Index (STI) lost 0.2 per cent or 9.15 points to finish at 5,161.50.

ST Engineering : S63 +1.64% led the gainers on Singapore’s blue-chip index, rising 1.6 per cent or S$0.17 to S$10.56.

The worst performer among STI constituents was DFI Retail Group : D01 -5.01%, which fell 5 per cent or US$0.19 to US$3.60.

The three local banks ended mixed on Wednesday. DBS : D05 +0.05% rose 0.05 per cent or S$0.03 to S$65.43, while OCBC : O39 -0.52% finished 0.5 per cent or S$0.13 lower at S$24.66, and UOB : U11 -0.28% fell 0.3 per cent or S$0.11 to S$39.65...

Across the broader market, losers outnumbered gainers 233 to 198, after 806.6 million securities worth S$1.6 billion changed hands.

Key regional indices were mixed. Japan’s Nikkei 225 gained 0.6 per cent, while South Korea’s Kospi fell 2 per cent and the FTSE Bursa Malaysia KLCI was down 0.4 per cent.

Hong Kong’s Hang Seng Index was closed for a public holiday...

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-investors-await-fed-chair-comments-sti-down-0-2