Eric Yeung: The Dollar, Gold, Bitcoin, & China’s Bright Future
Geopolitics & Empire
Geopolitics & Empire
4.2 • 570 Ratings
🗓️ 23 May 2025
⏱️ 71 minutes
🧾️ Download transcript
Summary
Eric Yeung discusses the global economic shift from West to East, driven by unsustainable U.S. national debt and de-dollarization. Physical gold is highlighted as a key neutral international reserve asset, with China establishing overseas vaults to allow trading partners to convert RMB into physical gold within their own jurisdictions. Bitcoin seems to be supporting the U.S. Treasury market through stablecoin reserves, suggesting it’s primarily an “American phenomenon” that may be strategically inflated.
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Websites
Eric Yeung https://x.com/KingKong9888
About Eric Yeung
*Podcast intro music is from the song “The Queens Jig” by “Musicke & Mirth” from their album “Music for Two Lyra Viols”: http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Transcript
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| 0:00.0 | Welcome to another edition of Geopolitics and Empire. |
| 0:03.5 | Joining us on this edition is Eric Young, who comments on China, precious metals, and many other topics. |
| 0:10.9 | You'll find him on X at King Kong 98, 88. |
| 0:16.1 | A lot of fantastic analysis and commentary coming from him. |
| 0:19.5 | Welcome to the podcast, Eric. |
| 0:21.8 | Thank you very much for having me on. |
| 0:24.9 | So tell us a bit about whatever you'd like to reveal about your background, the work that |
| 0:31.1 | you do before I throw a whole bunch of questions at you. |
| 0:35.7 | So, in my background, this contract manufacturing, I did that for 20 plus years out of Hong Kong |
| 0:45.1 | and Shenzhen, China. |
| 0:47.1 | And what we do is we basically, you know, any customers come to us, let's say, international |
| 0:53.9 | customers, US, European, Australian, |
| 0:57.6 | Canada, etc., come to us with a specification for a manufacturer product, we would take that |
| 1:05.3 | spec, go to a Chinese factory, you know, manufacture that product, and then we would organize the logistics |
| 1:15.1 | to ship that product to the customer. |
| 1:18.6 | That's what we did. |
| 1:20.4 | Of course, in the process of doing that, we also developed some of our own brands and we work with our customers to develop |
| 1:30.7 | their private labels. All right. Yeah. And you also comment a lot on precious metals and the |
| 1:41.8 | economy and that sort of stuff. And you've you've gotten you know we have some of the |
| 1:48.1 | same people that we follow you get shared as well by folks like luke roman um and others and so some |
| 1:54.4 | heavy hitting commentary there uh and before maybe getting to the economic stuff, I tend to ask my guess. |
| 2:01.7 | And even if this isn't your special forte, because of your, you know, experience around the world, I think your opinion has weight. |
... |
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