Ahhh the good ol’ days.

Happy 250th all from Shanghai. Only flag that officially flies here.

IYKYK

For those of you monitoring the AI pitched battle between China and the United States, I would strongly advise watching this very short clip.

This is Frank Dikotter and from his comments you will find how supposed China scholars continue to dismiss outright how formidable China is as a rival. He is also a Senior Fellow at the Hoover Institute which, for me, remains a primary platform that continues to errantly downplay China’s ability to not just compete but its ability to successfully wage unconstrained warfare.

The hubris and conceit that permeates throughout the American Think Tank and policy communities infuriates me to no end. China needs to be take both literally and seriously.

Let’s see if I can upload this video.

Gold accumulation funds are gaining traction here in Shanghai. Had a unique conversation over dinner on the weekend. Topic came up and I asked about taking physical ownership.

Many there said you could do so. I asked if anyone had tried to get the gold from the bank. No one had tried.

The next day (a Sunday I might add) several of those people went to the bank and took delivery. Then sent me the pic below on WeChat. A 10 grab bar with certification.

The weekend Shanghai breakfast lines. If you see people gathering then you know you found the right spot.