Let's see where we are. There's Chelsea Manning doing something about unions right now And we're auto hosting her and we're about to knock her out and we're knocked out Chelsea How are you doing everyone? This is Chih-chou Welcome to another live stream and today today What is today today is February 11th, 2021 and we're doing a comic book All live stream. We've been lucky. We've been blessed for the last little while We had our 13 books that were lost in Transition I guess transportation Made their way finally back to us After like three months from us buying in the ship the seller getting involved and it went to the wrong place So we got those 13 comics back We did a full-blown Valiant comic book haul Large Valiant buy we ended up buying all of bloodshot series number one series number two and we got almost all of Exo series number two and Shadowman series number volume number four I guess from the relaunch and a whole bunch of other Valiants and whatnot first appearance of punk mumbo first We've got quantum woody one two three So we've got a gigantic Valiant comic book haul in the previous comic book haul video and today We got a little box and we've got original art Okay, original art and we've got a little box but This is an Expensive lot. Okay What we're gonna do is just hold off until people show up and I'll let everyone know What this buy is as the notifications go out and While we wait for people to roll in let me tell you what this is all about and who I am and where you can find the digital information I am on patreon patreon.com forward slash chicho CHY CHO If you want to know what this work is about which is basically layered on mathematics and it's gonna overlap with The comic books a lot and it has a little bit already, but we're about to kick it up a notch. Okay It is layered on mathematics everything's creative commons share share like I don't put anything behind paywalls So you can follow work on patreon and if you think This work deserves your support patreon is a fantastic way to Support this project and for those of you who've been supporting this work for a long time Thank you very much for the support gang It is in large part because of your support that we're able to do this So thank you very much for that We are live streaming on twitch twitch.tv forward slash chicho live CHY CHO L I V E If you want to participate in the chat when it starts popping up here twitch is where you want to be at and I do announce our schedules and sets and I we sort of do unscheduled live streams as well Double-one negative negative. How are you doing? She joy brother? I just finished the well World series. Oh, did you? the How many books was that I read that series? I've got to ask why didn't you like the last half of the I didn't Brother Dave. We're gonna give away Serious serious spoiler. I didn't like the punchline in The last book the wall of souls I didn't like the punchline that they had this whole universe to play with but they brought it back to You know where they brought it back to Right that aspect that didn't like I think it could have gone anywhere with it, but they linked it up to And they they sort of linked it up to a consistent theme between all the alien races It was beautiful series by the way. Don't get me wrong. Don't get me wrong. Did you like it double-one negative? Did you like it? Zarae, how you doing just in time on a 20-minute break at work? Yalla, let's crack this whole open With Zarae, it's a beautiful haul. It's a beautiful haul just to let you know The total haul there's original comic book page here. I'll show you that first But in the box in the box is one of the biggest hauls we've done It's over a month period of me buying from the seller and the total price tag of this haul was $530 Canadian Okay, it's a serious haul Randall. Thank you very much for the tier one sub. Appreciate it. Boop Ha ha ha ha Fun, lonely piggy. How you doing a chicho? I hope you're doing well today. Doing fantastic out of God unscheduled stream Well, I sort of announced it yesterday. So it's a mini scale minis mini scheduled live stream Are we take a take a talking spoilers? I was talking spoilers. I don't know what double-one negative is gonna say Birdie here. How you doing double-one negative? There's five and then there's another trilogy Yeah, I can understand that he went to a weird direction in the end. But yeah, it it was incredible I couldn't put them down. Yeah, the brother it Amazing amazing, but then at the end he just went out of It was out of character from the rest of the series Haven't been able to catch a live stream for a while Randall says well I hope you're gonna like this one Randall. You're gonna love this one if you like the old-school comic books man Got some beauties in here Got some beauties in here. I was working on the seller for a month He lists twice a week and he lists like amazing stuff so I was bidding on a few different things trying to stay within budget reasonable and Trying to make sure I get really good deals, right because that's the way I built my collection I want to get there. There are stuff that I've overpaid for it There's no doubt about it But in general and those are okay. You just do right? But in general I try to make sure my money goes as far as possible, right? Emily, how you doing? Nikki Hickey? How are you doing? I've been thinking of getting into music teaching and a private tutoring session style. What's up? Awesome That'd be fantastic Nikki as for me. I'm doing good. That would be negative I would have liked some more closure with other characters in the end But I definitely read them again. Yeah, it left it left you hanging in a weird way Okay, Chicho post-note stream post-note stream post-note stream. Okay, brother The real MC Mike. Hello. Hello. That will only get if you're right out of character and a little abrupt of the ending I would recommend that at least the first one if any here having read yeah gang If you if you like sci-fi well of souls is amazing series Amazing series, I just hope you're not disappointed with the ending good. It's just so it's It's so cold here, too. Like it's chilly. I threw I'm in the sun room So it's really cold in the sun room.  Okay, and We do have a discord page You can come into our chat anytime you want on twitch and type an exclamation mark social and you'll get all the links to all the social Networks including the discord page which pops up here so you can join our discord server and Chitchat for live streams. We don't have any visuals We do upload the audio as podcasts to SoundCloud.com form slash Chicho CHYCHO and it should be available in your favorite podcasting platform including Spotify and iTunes and We will be uploading this live stream to censor tube to bit shoot and to rumble We don't have enough points to load it to Odyssey. Okay, so this live stream will go on those platforms You can support this work by liking sharing commenting and all that jazz and if you're on YouTube you can Support this work by joining YouTube membership Button here Okay, and for those of you who are supporting this work through YouTube membership Thank you very much for the support as well as the gang who's on twitch following liking subscribing Using the bits and whatnot and of course patreon gang. Let's get into the comic book live stream Let's crack this baby open. Let's crack this baby open negative two in here I think surround that mine is eight or something chilly chilly case man. How you doing 80 Fahrenheit? Wow? Wow here? We can split the difference ha ha dragons dragons. How you doing? 80 Fahrenheit what's 80 Fahrenheit 32 is zero so 80 What would that be? That's gotta be I don't know what 80 Fahrenheit is man. What's 80 Fahrenheit in Celsius? The formulas I forget what the formula is my guess would be around 20 27. Damn 27 degrees Celsius Case man sent some of the heat over here, but it's negative 12 here in Caracal wow wow negative 18 Celsius in Sweden the Gang let me show you this one This is from a local seller, okay, and we bought from this local seller He started reselling again on eBay a little bit. This is an original art piece Let me show you what this is from and I have I do have little What do you call it little original art folders this piece is? Punisher a page from Punisher number 44 okay from 1991 and the issue number is Minus 11 in England minus 10 in Netherlands minus 20 Nicky you're Your six degrees colder than Randall in Sweden, so you're further up north or close to the mountains Minus 24 I'm getting chilly again. Where's the put my hands on the heat? On the lamps Gang this original piece is page 14 from this comic book right here. Okay, it's Punisher number 44 Okay, Star Spangled Burner. It's an American flag burning comic book I don't know if I have this in my collection, but I should be getting it I will get it. Okay, and it's page number 14. It's this page right here and The artist for this and I'm gonna show it to you the artist for this is Neil Hansen and I hadn't heard of Neil Hansen. I didn't know who this was. Okay, and I Looked him up and he hasn't done he didn't do too much work in comic books. So He doesn't have too many comic books under his name, so I'm assuming he got into comic books I think he wrote he got into comic books and it moved on to another few field or something like this Gee, Lyftenoid. How are you doing? Welcome. Welcome. Graham. How's life? Whoops whoops Somewhere in the middle somewhere in the middle between negative 24 and 27 degrees Celsius Where I am is minus three to Kobe minus three. Yeah, that's around. We're we're about minus five or six or seven or eight or something Minus 26 for me MC Mike. Damn. Where's the Australian crowd with their plus? Oh Well, I guess Randall Randall Australia Graham Chichot. I mean things were better about 30 hours. Oh brother. You've the message you posted on discord man, crazy Check this out And I ended up paying $32 Canadian for this. Okay, which is pretty damn good price So pencil in inks with the lettering on there of course, right? So this is what it looks like Penciled right ink At $32 Canadian He actually had four pages in a row and I got out bid on the rest of them I go with my budget, you know, they didn't go for much higher But this was the cheapest one. So I got the low ball in and this is what it looks like colored, right? Page 40 here. Let me hold this up. So you see the comparison, right?  Cancel cartridge of that So it's a steal $32 Canadian for Punisher Issue number 44 page 14 from 1991 I did crack It's from this issue the flag burning issue from Punisher. It's from this issue Punisher Oh, yeah, this is at the back Punisher number 44 from 1991 Okay Nice by crack.  I was waiting for this so I could go pick it up that way I could do the comic book call Paper it's on it's like comic book paper. They actually a lot of the work they put out is on this Like this is 99% of the comic books out there the artwork is on this Okay, especially the major publishing houses, right? I mean it's upsetting, but I think it may Yeah, yeah, fantastic This guy, let me show you this guy This guy you just got a paper cut looking at it. Don't look at This guy love the traditional comic paper down with glare down with glare down with ground with Nikki down with glare Gang this comic book haul it took a month to get it Okay, it took about a month to get it to do all the buys the guy was holding him holding him And with the last set of buys I said, okay, let's finalize the stuff have to have the book sent over, right? this by is It cost It cost 470 $470 Canadian the comic books Sales tax because the person's in Canada cost me 2350 I could have bought another comic book for that sales tax was 2350 and the shipping was 37 dollars, right? so the comic books cost $470 shipping and Taxes came out to $60, which is pretty damn expensive half of the well 2350 that is in taxes so total 500 and $30 for 13 books Okay for 13 bucks Majority of them Huge chunk of them golden age. There's two cc Cgc books here greater books Let's crack them up Look at what we got So here's the comic books Here's the two Here's the two cgc books No spreadsheet. I'll do God. I didn't get a chance to make a spreadsheet. I know I need to make spreadsheets Let me put this guy here there there We'll take a look. They're good buys. They're good buys One of them I paid fair value for actually let's say out of 13 probably three or four I paid fair value for The rest of them. We've got a deal man. We've got a pretty good deal. Okay pretty sweet deal Let me go through this in order of the tabs. I got to open because There's a lot of info here. There's a lot of info here That way I can close the tabs on the computer Let's check these out. Let's check these out. I put them in this. I gotta Crack them open again, right? I'm not going to show you what this is. It's not the The first tab I got to open so I want to go through them with the tabs There's golden age romance here a few golden age romance There's Western comics here if this is in there Let's put this guy here There's crime comics here Golden age crime golden age sports comic One indie comic that completes a collection for us and there are my lore and stuff First comic first comic. Let me read you. Let me hold this up. So you see it Bruce Century Okay, it's a It's it's low grade, but it looks beautiful. Okay, let me bring this closer. I'm gonna read you guys the description This is Bruce century. Okay a gentry 1948 published We ended up paying and let me tell you what grade this is. This is graded Okay, it's a Canadian edition. It's a Canadian comic superior publications Okay, it's graded at three point zero and we ended up paying thirty eight dollars Canadian Thirty eight dollars Canadian Bruce gentry number three from nineteen Forty Says he listed as nineteen forty nine, but in the Comic book my comic page. I'm gonna let me give you the link for it. It says 1948 Crack. Oh, man. This is gonna be a good haul. That is such an amazing. Yeah It's pretty good. It's pretty good. And this is Stories and art by Ray Bailey and others Ray Bailey former assistant to ledger And so it goes into detail of who these people are and if you look into the CGC section There's only a limit of these things which are CGC They have they've been graded Let me do this According to CG that the only thing that have CGC has listed on here is Ray Bailey art and a superior comics and CGC listed as 1949 as well and Country of origin is Canada Okay Great haul we ended up paying that I say how much we paid for this We ended up paying 38 dollars Canadian for this. Okay, nice haul nice comic Beautiful artwork. Look at that. Let me hold it up. See if We can do it without the glare. It's got he's got him in mylar Nikki Chuchot I listened to your reading of the comics go from 1950 From 54 and was laughing off my way home from a night shift now I want to know is there any comic book with a cover that specifically eludes all the comic codes list List of prohibited cover art elements that would be fly would be amazing I don't know if there's one that covers all of them, but I know Conan Savage sort of Conan had severed heads on the comics and whatnot. Hello, Captain Der nice comic very happy to have this and the only reason the The guy graded this at three was because the there's spine split Here and here. Okay Otherwise, if the if there wasn't spine split here in the bottom, this would be easily easily a 5.5 or so, right? Those Wonder Woman covers yeah 79 79 con good night guys although my wife snoring next to me she shows me a smart horse makes me fly away awesome sweet dreams 79 con the folds in those clothes the folds in those clothes the detail of The characters and the facial expressions amazing Really some of the amazing artwork a complete true Western just a story one way to the grave Drape is very difficult So there's one Let me show you what the next one is The next one. Okay, we grab this one. So let me close this guy Next one is this guy. I'm gonna link this up in the chat so you guys know what it is That is beautiful. Yeah elder God great cover And very tribute in 1948. Yeah golden and just drawn that they were drawn very uniquely Right, take a look at this one. This one is a photo cover Check out this one. Let me tell you how much we paid for this. Okay. This is Crestwood publishing Oh, yeah, let me hold this up. So you guys see it photo cover Young love number 27 The read the brush off Photo cover right nice mid-grade comic Young love number 27 from 1951 Crestwood publishing the brush off provocative cover I don't know if this provocative or not. The guy's doing a salesman gig, right? And this is graded at 5.0 Okay Art by John Prentice, Bill Drot, Mort Meskin and George Rosos Those are the artists that worked on this and you know that my comic shop has notes the same studio that put out Captain America with Jack What he called it Jack Kirby and Joe Simon and whatnot and We ended up paying. Oh, yeah price tag on this We ended up paying $25 and 25 cents Canadian for this, right? You should distribute this You know how much each shipping was per this 13 books $60 total shipping so shipping per book ended up being shipping and tax per book ended up being 13 ended up being five dollars a pop or something, right? That was that would have been the added cost That per comic came out I've been increasing my supply of romance golden age romance comics Okay, I she showed the wind is whipping out there nice and cozy nice and cozy inside is cold outside It's very cold outside.  Let me show you the next one. Let me show you the next one Oh, this was CGC the next one on my list is a CGC This one This one this one the cost was eighty six dollars Canadian, okay Eighty six dollars Canadian It's a romance comic Golden age romance comics Do I set aside birdie here for sure another cool golden age edition? Yeah I'm loving adding these romance golden age romance comics to my collection. Absolutely loving it, right and Yeah, birdie here. I I read comics for sure. I read comics Almost on a daily basis. I have comics laid out in different places sometimes, you know before bed Just laying around I need to break Let's say every second day I read no every day I almost read a little bit one page two pages, right? And then sometimes I sit down and read long like one or two comics or a graphic novel and of course we do the readings Crack I've been trying to do To do that with eBay purchases quick note on the backing board of when I bought it and how much including shipping the books got Yeah If you lose track, right? Take a look at this True love problems and advice illustrated number five Harvey publications came out in 1950 Do you want to see the grade on this? 9.0 9.0 golden age romance comic from 1950 Sweet Sweet cherry nice wolf. Yeah, I missed out on a bid of another one. That was a 9.2 That one went for 160 or 180 dollars, right? I was happy to get this. I was happy to get this 80 whatever. What was it? $85 and this was a great deal $86 Canadian Okay, $86 Canadian and And it's let me give you the link It's this one Okay in the chat 9.0 and 9.0 for romance comic Don't ever touch that paper and this is story stories and art by Lee Ellis and Bob Powell and There is there's four in the CGC's database One of them was graded in 9.2 to our 9.0 and one is 8.5. That's it They only got four listed in their database right Nice haul Goodbye, very happy to have this to a graded book, I guess True love stories. Look at the artwork No, this guy It's just a packaging that the CGC books come in I was a wallflower, the cowboy and the co-ed. I love the coward Co-co-word Coward What every girl should know what every girl should know look at that what every girl should know Looking good chicho and Valada's Okay, that's our CGC Let's do the next one. Let me close off this one The next one. Oh, this one this one If you guys remember the comic book hauls from about a month ago About a month ago This is an independent comic book series that came out in mid-1980s okay about couple of months ago We bought it's only four issues and we bought issue number two three and four and this is issue number one the complete cheech Cheech wizard Volume two number one. So we got a complete run The 1950s were so innocent, but they weren't So we got volume one of the complete cheech wizard All right nice So now we have one two three and four right and I ended up paying fair value for this, right? It is not a bad deal We ended up paying $15 and 50 cents Canadian for this And let me give you guys a link in the chat. So you know what it is Crack. Oh nice Vagan Bode yeah heck of an artist heck of an artist and that's the main artist for this right by Vagan Frederick Bode and It's he graded this what did he grade this he graded this as very fine near mint So we're talking 9.0 right and as ripoff press and As as far as indies go These are sought after collectible all right fun more adult oriented and From what crack told us the the main character here one of the characters here is the one that was featured in the comic and the animated Movie wizards right so fantastic fantastic Yeah elder god super cool super cool Check this out this one we I don't know this. Oh, no, this isn't the one I'm gonna show you this one Oh this one this one this one This one this one this one nice this is Let me hold this up and read it for you guys. I make sure I should hold it out the very popular ripoff the very ever popular ripoff press This is doll man number 21 doll man number 21 awesome Will Eisner created doll man by the way Right, so it's a Will Eisner creation crack not featured, but I think definitely influenced by influenced by the from the wizard. Okay, cool sick So doll man number 21 wait with a matrix matrix. Oh, no, I don't think it's matrix connection all their god This is doll man number 21 1949 quality comics And it's got a story with torchy in it from bill ward Right, where's my doll man? Oh, I don't even have doll man opened up here. I should have so it's got a bill Ward torchy story right lingerie torchy story That's what the guy is calling it and this is graded at 3.0 Uh, I would have graded this higher. I would have graded this higher And we ended up paying 27 26 for this Okay, canadian of course all the prices are canadian Okay 27 26 and bill ward torchy story solves the problem of poison piston There's a burn on this. Ah, this is the reason that's right when I looked at this This is the reason why I was graded at 3.0. Check it out. There's a I'm assuming that's like a Cigarette burn. Should we take a look at it? Let's take a look at it I just saw a video posted by a bodysun where he's Flopping through his dad's skin flipping through his glass incredible really dirt flag flipping That's cool. Like just imagine being surrounded by that art Yeah, his son still does work on have you oh does he? You know Dalma, oh my god. Cool. Should we take a look at torchy too? Yeah, the burn goes through so yeah for sure graded at 3.0 It goes through. Check this out. So here's the burn Cheecho can look through the eye, right? I don't know if you can see it Right Right there, right and it goes through the first page. But look at that artwork. Look at that artwork beautiful And Dolban was the first original, what do you call it? Shrinking superhero Beautiful artwork Gonna have to cash the rest later. Okay crack My daughter just got home from school sweet-looking stuff so far. Awesome. Awesome Say hello to the family Thanks. Disillusioned. You love all my plants. Yeah, we do as well. Our plants are bring us a lot of joy, man Dolman Here's another splash page another story awesome If that burn was in there, this would be mid-grade easy Owner must have been a movie fan. Why? Why do you say? Let's see the torchy torchy lingerie with bill ward Beautiful artwork beautiful artwork Fantastic Oh snap. Oh beautiful.  Check this out now like This local seller was selling some bill ward um original art But they were way they were going for way more and I could afford it was like 14 1500 dollars Beautiful torchy crashes the car nice. Bye Nice. Bye. Happy to have happy to have Happy to have happy to have And he's put all of these in my lard as well. So that's great Let's see the next book. Let's see the next book Let's see the next book Hmm this one Dixie Dugan number nine We ended up paying 1750 canadian for this and it's uh Let me put this here. So you see it Dixie Dugan Number nine and it's 1948 publication enterprises Okay, and it's graded at 5.5. He's graded at 5.5 and he's he's not a bad grader actually Uh, I agree with most of the grades that we've bought books from right Here's Dixie Dugan and We paid As far as I'm concerned fair value for this but pretty good price 1750 canadian is pretty damn good and Dixie Dugan was sort of a newspaper strip that Turned into a comic book and it was created by I forget who the person was I looked this up. I'm not I wasn't too familiar with it. Okay I just seen it around so glad to have this graded 5.5. So that's good complete nice cute artwork You're familiar with this one I I've only seen it. I didn't I don't that's the first issue of Dixie Dugan that I have in my collection Check out this one Okay, let me close this one. This one I'm going to link it up In the chat first Okay, take a look. This is daring adventures, right? That's what the title says daring adventures But if you're looking for it, it's actually approved comics Approved comics number 54 from st John publication And this is a low grade one. This was graded. I think graded 2.5 or three He graded two. So he graded this a two covered detached tears of manufacture With one staple spine split Top of comic piece missing top of spy. So he goes through the whole thing of you know, it's a great two, right? So approved comics number six or Darling adventures number six the reason that this is And I paid we got this at a steal this this this was an amazing deal This was an amazing deal Matt Baker cover Matt Baker cover Okay, it should be a Matt Baker cover Or is it Matt Baker last store? I think it's Matt. It should be Matt Baker cover Let me go into the cgc There's only like three graded on cgc's database and Matt Baker cover. Yeah the story the The writing is done by different people the artwork and stuff. I believe the cover is only Matt Baker and this is Robin Hood's son. Yeah It's not Robin Hood. This is Robert Hood's Robin Hood's son Somewhere son of Robin Hood Fantastic And it was a steal. We got this as a crazy good price crazy good price So hard to see your this is a better way of looking at it fun And gang don't forget free assange free assange free assange Julian Assange is a publisher and journalist that is being crucified For trying to bring transparency and accountability of capitalist power to humanity Very much Like Robin Hood trying to hold power accountable Free assange free assange free assange he's our Contemporary Robin Hood in terms of information, right? He steals from his dad to give to the son Illusion that says Baker is hot at the moment some books more than us some books more than others Getting a Matt Baker cover From 1954 for ten dollars canadian A steal a steal Not related to this haul Nicky says Do you happen to own any early phantom comics? I grew up on the series Mostly red stuff from the 1980s. I do have some phantom Um From 60s. I do have some gold gold Gold key, I believe that's some phantom. So I have some of those and I have some of the 80s and 90s I don't think I have anything before that Robin the elder god Robin has no son. It's probably can but Oh, if he has sons, they're illegitimate Okay, the next cgc book the next cgc book this was a good deal This was a good deal Okay, okay. Let me let me hold this up. So you guys see are you a fan of oh, yeah, zap comic or robin crumb Oh, yeah, I have some robin crumb and I have some I don't have a complete zap comic collection I have some of them. I have some of them gold keys. Say nice Yeah, Nicky Check this out This is Two gun kid. Let me take it out of the bag Two gun kid from 1954 Joel manly cover George tuska art Cgc graded at 5.0 5.0 We ended up paying $88 and 66 a 66 cents for this canadian Okay, this was a great deal This was a great deal I'm gonna link this up in the description for you guys So, you know What the info is it's going to my comic shop. I have links to other stuff too, but The contents for this stanley editing and this is atlas comics Which is basically marvel that what marvel used to be right cover is fred keda kida, okay Uh, there's lots of art with fred keda and Joel manly Cover as well Joel manly did the cover this thing So my comic shop their data might be a little wrong. I would go with the cgc Description and they only have five graded and this is Uh The there's two graded at seven and the next one is this one graded at five Okay, Joel manly cover George tuska atlas commas 1954. This was a great deal Literally, this was a fantastic deal Awesome beautiful cover the fastest gun in the wild west less Happy to have this happy to have this and there's a price tag here that says $120 us We ended up getting it for like 90 dollars canine so Good deal. Good deal about 75 bucks us, I guess Interesting haul a bit of random though, like you threw darts into a comic shop Yeah, because he had a whole bunch of stuff I was bidding on and I was trying to make my money go a long way so I was doing hail mary's hoping to get some comics All right, check out this one This is four issues I'm getting close to completing this run. I'm getting close to completing this run All star western number two number three number seven and number nine all of them mid-high grade four comic books I'll show you the covers individually each. Okay Yeah, for sure. Oh my god. It's a good way to do go shopping It's a good way to do bids in right we ended up paying 51 dollars and 30 cents for this Okay the western comics All star western number two is graded at seven number three at eight number seven is 7.5 and number nine is 7.5 as well and Number two Let me just give the link in the description in the chat and number two is the first appearance of of l diablo Okay, the original l diablo. Hey chicho. I always watch your youtube youtube videos because In twitch you stream at 720 and say some from iran and as you're aware of our internet. Yeah Yeah, unfortunately, I wish I could stream higher so it wouldn't get lag, but I think that's about it That's as high as we can go and by the way Um You might want to start following us on Either a bit shoot and rumble as well because there's going to be a lot of videos that I'm not going to upload to youtube anymore We're getting nuked on youtube for uploading anything related to censorship and stuff like that Which I've loaded up like minimal like two minute political little commentary a youtube is killing us for it So what I'm going to do is I'm going to stop uploading anything other than julien assange on there regarding politics And if you're from iran, I think you like politics Right, this is number two This cover is all the covers. Oh, yeah the covers. Let me tell you who the covers are for these some of these right the cover Cover by neil adams right Cover art by neil adams Very very sweet very very sweet I don't mean to hire 420 is awesome 480 is also okay good neil adams cover right fantastic Great deal. We got a really good deal on this. Okay This one alone Fetches around 40 bucks or something at this grade Great cover. So that's number three Oh, sorry. That's number two. This is neil adams cover as well number three. Look at the cover on this beautiful beautiful I've been hanging the ones you'll never take me again. El Diablo And el diablo is a character that a sort of a witch doctor this guy witch doctor He's on the verge of death and a witch doctor does a staying and Get some possessed by a minor demon and the demons the Vengeance spirit of vengeance demon el diablo and out low beautiful cover Neal adams that I would say it's someone's best during this period. Oh, yeah and the date for these these are 1970 I believe Right. Yeah 1970 Okay, so neil adams cover as well These two are not neil adams cover number seven And gilcane did some of the artwork in these number two and three toni the zanga Robert like there's a whole bunch of people that have worked on this. Okay This is number seven And it's mainly a reprint Okay, and different artists did the work on this. I believe it's mostly a reprint Fantastic Western and romance comics Very cool covers. Yeah, this one's fantastic And I have all star western number 10 and number 11 number 10 is the first appearance of jonah hex And number 11 is the first cover appearance of jonah hex. My number 10 is pretty low quality, but low grade, but High quality comic, but low grade Take a look at this This okay, I'm gonna take this out of the mylar Show you guys the cover without the glare The flying horse issue Oh, the only quality is available is 720 for you in iran Super Yeah, we can't go lower than 720 just because Beautiful cover. Who did the cover for this? The cover for this. Let me just find out the cover for this. This is number nine Giant size all reprint issue. So this is all reprint issue um, number nine And the cover for this is toni design design Duzunga toni duzunga Take a look. Beautiful cover for the arrows and the guy's back. He's already done four There's only 11 comics in this series all star western I think we're I have about Seven of them now So I need three more. I need number one for sure I need number one Cheryl have to run take care. Bye, Cheryl. Hope you're having a fantastic day Hope you're having a fantastic day I'm going through these slow Whoa Check out this one This one is Canadian edition Of crime does not pay number 69 And we've got to set a great deal. Let me link this up in the chat Actually, she shows some of your streams have options to change settings, but not today not today. Oh really Case one unless you are a partner, which does not allow your viewers to change the quality for source Oh, so if you're not subbed Oh, so if I'm a partner then people can change. Oh, this should make that available for us too This should make that available for us as well This one Was let me hold this up. So you see it make sure I got it So this is crime does not pay number 69 ended up paying 38 Canadian for this Bureau cover, okay And this is the Canadian edition and you know, this is the Canadian edition because the us edition the guy wearing the shirt Is blue and the guy here on the tracks Is green the pants is green. So the coloring is different on it. Okay. So the coloring of the image is different and This was graded. He graded this thing as 5.0 And we paid 38 Canadian for it. We got this at a great price Reading list. Oh my god. Nice. We got this at a great price Please do it if it's available for you. I don't I don't think it's available for me, brother Transcoding is given out if the traffic is low Gang, let me know if there's if I can change the setting on twitch Where I can make it optional for people to watch at whatever level they want Let me know how to do that and I'll do that and if I remember I'll do it And Mama If you remember send if you're on our discord, send me a reminder on discord and I'll look into it Okay, I don't look into it All the god you want this in the reading list Oh, what year is this? This is golden age again. This is uh This came out in 1948 1948 And graded at 5.0 Like the link I provided you they're selling a Canadian this is a 6.5 for 220 us. We paid $38 Canadian so I mean Can't mess with that deal Uh case man. Yeah, if the overall traffic for twitch is low Then non partners get transcoding But at peak times like now it is it isn't available. Ah, okay So sorry mama Doesn't look like we can't do it. Maybe not during non peak time It's possible. It depends on the equipment you're using chicho. Okay The alternative is to tell all your friends about chicho and make make this channel super popular. Yeah, do it Case my sense Nice cover. I have a few crime does not pay. I'm collecting this on a regular basis if I can get my hands on it right If I can get my hands on it Let me tell you what the next one is Check out this one This one is Ralph Kiner Oh, there's two of you that I didn't open up the browser for. Oh, no, I did Ralph Kiner Home run king And this says famous check this out It's got famous athletes here number four Ralph Kiner number four, but it's not listed as number four. I think this is the only comic there is of it. Okay and We ended up paying $21 canadian for this and it's graded at 1.8. So Good minus And it came out in 1950 and Ralph Kiner was uh He was well known in baseball I don't know my baseball too much. I just like collecting some sports stuff if I can get it Some of the old school golden age stuff, especially baseball because that was like the golden age of baseball really like From what I understand and I believe he just read up on him He played for like 10 years He had a great record and became an announcer And he worked in the baseball industry for a long time and he's supposed to be a really nice guy So I wanted to get his comic or we ended up getting his comic for $21, which is a great deal Okay, which is a great deal. Happy to have this At the last second someone kicked it up. Otherwise we only put up paid $10 for it It's like cricket in a different way baseball is okay Baseball is religion to me. Is it case man? No way It's fun. It's fun If you're playing watching, you know watching is Not interesting to me And here's the link to info on it Literally wearing a Tampa Bay reset right now case man says Nice Check out this one Check out this one. We got a great deal on this one. We got this one for a steal for a steal crime comics T-man number three T-man number three Normally people people that like math and spreadsheets love baseball. Yeah, it's all stats. It's a stats game, right? If I wasn't the hardcore gambling and statistics, I would I would be on the books playing playing the markets, uh, like betting on baseball, right? So this is t-man number three graded at 4.0 And this is read krandall. Did the covers for this? Okay And one of the reasons I wanted this. Oh, yeah, by the way, we got this for 10 dollars 10 dollars insanity 10 dollars 10 dollars, right Canadian graded four, right check this out Death trap in Iran. I really want my bid for this was a lot higher A lot higher a pulsating pita trash thriller worldwide crime buster What great graded it was a graded at four Yeah, graded at 4.0 Okay It's it's a steal like ten dollars. Canadian like we're talking 750 seven dollars. No, uh, eight dollars us Right 758 us Death trap in Iran This really my bid for this was a lot higher. I wanted this I wanted this comic bad Right This comic has a history and check check this out. Wow, man. You're gonna appreciate this check this out This is this is the headgear that they've drawn for people in Iran I don't know like during that period that Iranians Because when I was a kid, I didn't see anybody wearing this kind of headgear, man in Iran Do you really love them? They're like molas. They're like they're like, I don't know what they're like Right Funny funny Check out the girl It's a great cover. It's a great cover Very nice Great deal Turkey. Yeah, it's more turkey, right? Awesome. Awesome. Awesome Here's another book Propaganda part two. Yeah, propaganda part two. This is the last book. Okay. This is what I started all the buys with I ended up getting this one Wedding bells number 19 Wedding bells number 19 And this is Matt Baker did the artwork on the last story Okay quality publications 1956. So it's silver age Okay, it's a silver age of comics and here's a link Going to another website as well. Just giving you guys some of the info Cover conversation So the last story on this the last page story on this is Matt Baker. He did the pencils for this Okay, and I read one uh our article I came across I couldn't find that again for some reason That the person writing it said the Matt Matt Baker did the pencils for it But someone else said the inking and they didn't do too good of a job on the inking But I don't know is Matt Baker artwork. So I'm okay with it. It's golden age Romance, so I'm okay with that right And we ended up paying this was expensive 41 dollars and 41 cents and he's graded it at 5.0 Okay wedding bells Wedding bells number 19 It's the what makes something gold and silver is the date Right, it's just broken up into different different times from 1938 Which is basically action comics number one all the way to 1950 Uh 55 is considered the golden age of comics 50 55 halfway through this this see this sticky sticker here At the beginning of mid 1955 possibly 1956 basically in general They started putting comic code stickers on it Which is basically censorship kicking into comic books where they said you couldn't do a lot of things You couldn't you couldn't talk about werewolves and you couldn't show severed heads and you have to be You can't you can't be risqué with your covers and stuff like this, right? So they brought in serious censorship in comic books because people were saying Comic books were polluting children's minds, right? I have a video out there reading the comic code saying what they couldn't do in comics if they wanted to publish in this format Right, so at the beginning of when the comic code kicked in they called that the silver age And that goes all the way to 1968 69 and then beginning of 1970 basically up to 1985 They called that the copper age Okay, and then the bronze age and then you're into the modern age. So it's just a time period A simple hat place Can influence the young of a country God's Asian New Year good sir. Oh, Asian New Year. Happy Asian New Year What do you think about the sandman needle game and i'm reading it now fantastic Very good. We've done the reading mama. We did the reading for sandman number eight First appearance of death. I have a video out there. We have a video out there reading it, right? Sandman is an absolute classic must read. I still haven't finished the series yet I'm going to read the whole thing from beginning again so gang huge expensive comic book haul four hundred 70 dollars Four hundred ninety dollars for the books plus sixty dollars for shipping and tax of no four hundred seventy dollars for the books plus seventy dollars for ship Sixty dollars for shipping and tax total cost of this comic book haul Five hundred thirty dollars and we've got a great deal on some of these a steal on some of these really right like The romance comic This comic alone Grated at nine point zero that we ended up paying 80 something 82 dollars for it or something like that um I wouldn't sell it for Not even close to what i wanted for It would have I wouldn't sell it per period personally, but We got a great deal We got a great deal uh platinum age is pre 19 uh 1938 is pre the superhero dawn of comic books really pre superman So there is a platinum age, but it's I believe anyway Which is pre golden age and it starts from 18 18 something with the yellow kid So yellow kid sort of They considered that to be the birth of comic book with bubble writing format all the way to 1938 I think that's called a platinum age Yeah 530 dollars canadian total and all in We're not going to do a comic book haul for a for a while Well, my case, man Um volume 16 is really good. It's fantastic. Well, I'm glad you're enjoying sad man There there would be I can honestly tell you're just knowing the iranian mindset There'd be a lot of people that would love it in iran. I wish Sandman was more better known. I don't know how well actually it's known I shouldn't be speaking on that level, but it's really well known here Uh, it should be extremely well known around the world Newspaper age Gang, that's our comic book haul. I hope you enjoyed. I hope you enjoyed Uh, while worth picking these up took me a month to get them from the seller Do you know manna? Miss uh Manna, miss istani. I the name doesn't ring a bell Muhammad Oh, my pleasure niki my pleasure niki and gang Salute I didn't bring any Liquor or anything just tea I hope you're having a fantastic day. It's going to take me a few days to upload the comic book stuff that we have Uh, that we're loading up. I'm going to start loading those up on tomorrow So we've got three comic book hauls and two readings to load up I'm probably going to set up the next set of streams. I'm going to announce it probably in about two or three days Just for me to get caught up in everything And then we'll do another set of streams and there's a couple of things I want to Think about there's a spreadsheet that I want to make So I'm going to try to get some stuff done in the background if I have the time And that'll dictate what it is that we're going to do. Okay. He's a Character characterist. You should check his work mostly political. Uh mama Link it up in our discord brother either in art or politics preferably art That way we can check it out Or comic books folder if you're on discord if not a message me and I'll look it up just for me to remember Oh my god, I'm holding back my movie watching to be fresh any news on Next batch of stream next batch of stream two or three days I I'm two movies away from finishing the movies. I haven't even gotten into the music yet other than big pun So I'm way behind on stuff But the movies Two movies for me and I've seen both movies But I need to watch two more movies to be able to set up a movie stream And I think I'm going to try to slip it in in the next set So in the next set, I think we're going to do a movie review and pick new movies But let's see where we are. I want to create a work on creating a spreadsheet for An asmr math video or linked up with the comic books I want to take the first comic book haul that we did create a spreadsheet and open the platform With how much we paid for them Priced them out and then find the new prices. We'll see how far I get with that, right? Hey, I made it yeti punk. We're about to end the stream, brother We're about to end the stream and gang. Don't forget free assange free assange free assange Julian Assange is a publisher and journalist that is being crucified For trying to bring transparency and accountability of capital's power to humanity For more information see wikileaks.org or check out some of the information we're sharing in our playlist Oh, no, I know yeti gang. If you want to know What this is all about I am on patreon patreon.com forward slash chico ch y ch o if you want to Support this work if you want to keep on top of what it is that we are doing Follow us through patreon I don't put anything in my hand. We pay while everything's creative commons share and share like After a while if you think This work deserves your support And if you do have the means the funds to do it doing it through patreon is a great way to make sure we continue To do what it is that we are doing lark bark free assange pardon Edward stone and support chelsea manning 100 lark bark We are live streaming on twitch twitch.tv forward slash chico live ch y ch o l i v e If you want to participate in these discussions in the chat twitch is where you want to be at And for those of you who've been supporting this work on twitch, thank you very much for the support gang Thank you for the follow us. Thank you for the subs. Thank you for being here. Thank you for sharing information and mods Thank you for taking care of business Watch biden carefully. Yeah, brother Emily have a good one. You all hi you too. Emily you too They are all heroes lark bark says thank you to show my pleasure. Emily great stream great stream Fun fun night casement. Good night I do announce these last streams 30 minutes before we go live on minds l o vk gap parlor when it comes back online on Twitter and we do have a discord page where you can share information Good night. Muhammad. You can come to our twitch channel anytime you want in the chat type in exclamation mark social All the links will pop up including the link to our discord page nicky hicky. Good day. Good day As usual, thank you so much lark bark my pleasure brother my pleasure brother For live streams when we don't have any visuals We will be uploading the audio to soundcloud.com forward slash chico ch y ch o s podcast And they should be available in your favorite podcasting platform including spotify on itunes Randall, thank you for my pleasure. Randall. Thank you for the tier one sub. Appreciate it very much Other god as with everything else. It's the thought that counts. It's the thought that counts indeed You need the new jabas beats as a sign off. I wish nicky hicky Copyright stuff doesn't allow it, right? They zap it even if like five seconds. Oh their video We can't allow that, right? I'm pretty sure if new jabas was alive. He'd be cool with it But the corporations that own the copyrights they they won't permit it, right? Lonely piggy. Thanks chico enjoying your evening brother youtube brother youtube and gang We will be uploading this video this live stream to censor to pitchute and rumble And we don't have enough points coins and odyssey to do it yet But once the coins start building up there will load up as many as we can And if you want to support this work on those platforms, you can share like comment Subscribe and if you're on youtube, you can join youtube membership And there's a button there and there's a handful of you that are supporting this work through youtube membership Thank you very much for the support Nicky, my girls. I could make a beat for you ropeys So nicky Gang, I hope you have a fantastic day. See you guys in discord I'll be loading up the comic book stuff in the next few days and announce the next stream Probably two three days Bye everyone The great Charles B. Rowe crime does not pay


Okay, very good morning to everyone Monday the 9th of March. I've had a good weekend and obviously I turn on the briefing this morning And we're in for a big session ahead if not already have seen this last night where oil prices have collapsed South of $30 a move of 30 odd percent US stock futures are still limit down at the time of me broadcasting this That being from a points point of view in the Dow future. It's just short of 1300 points The S&P down 145 IE 5% so Yeah, really big moves predominantly two factors one the reasoning behind the oil price which we're going to discuss Which you can see here the actual overnight move Is the largest that we've seen since? Since 1991 Gulf War when price battle has erupted that being between Saudi and Russia Which I'm going to go into in a bit more detail shortly, but the other thing of course is the coronavirus Still a kind of clear and present danger for markets as it continues to spread Kind of globally and some updates there that I'm going to go through as well then I'll hand you over to Sam to look at the charts in more detail, but just to kind of Quantify what this looks like from a cross-asset class perspective So you can see here. I've put the three major US indices from left to right down nasdaq and E-mini S&P or on limit down at the moment if you're new to that type of terminology I will explain that as well shortly but that's led to a kind of traditional flights of quality bid at least into US t-notes the t-note is up Two points and four and a half ticks already. I can't really remember much beyond 2008 2009 the last time I've seen that in the US 10 year in an overnight session You know, that's a that's a huge move and so we're trading at 140 So US yields down at record levels once again gold actually did move higher in the overnight session However as per what it's been doing kind of the last real two Fridays We've seen some really whips or price action similar thing happening during the Asia Pacific session It did sell off quite violently More than 40 bucks. However has recovered again. So, you know, one of the main things to put out there today I think if you are a new trader or let's say lesser experienced as much as You know, you could see all the headlines and the drama unfolding. It's a very dangerous Markets trade if you're not kind of refined in an ability to manage your risk Execute in the right fashion and pick your moments correctly It can be quite devastating from a from a trading point of view So all I would say is all of these episodes like we had in the last two weeks are fantastic learning Situation so if that is you and you fit within that category, you know Then don't feel a kind of necessary Necessity to really just jump in the market quite blindly Because as you've seen like with what I've just described with gold. It's incredibly volatile at the moment And so yeah a few things Sam's gonna point out some levels because those who are experienced then this is kind of a Kind of a real Challenge, but certainly an interesting one or one there are Opportunities and so let's just run through a few different things. I'm gonna kick off with oil Starting with the oil chart here because just add some perspective to what we're looking at and this is looking at the Well, let's put it on a daily So what you can see here is I've put a rectangle where we've had the gap down and obviously this really this move began on Friday We had a real collapse in prices I think the move was in excess of 10% and we broke through that key area Which was the low point that we had at the end of 2018 and obviously all eyes and ears were on that OPEC meeting and in Summary as we were kind of calling for midweek last week We were quite bearish on the outcome of what we thought would happen at that OPEC plus meeting and almost felt like Saudi Heard set themselves up for failure by being so bold with this calling of a one and a half million Borrowed per day cut because once you put numbers like that on the table and the market now expects Not only did they not agree to cut that amount The Wall Street consensus was though for a cut of 750, but in the end it was a complete breakdown Is what we saw and actually then what this has led to is Over the weekend. There's been an FT article and according to people familiar with the matter the Saudi Arabia Strategy now is to punish Russia for this episode They're going to start Increasing their oil production. They roughly produce around nine million at the moment. They've said that in a month's time They're gonna wrap that up to ten million and then followed to eleven million whilst also providing all new customers with a 20% discount just to get at the Russians and also the US shale industry. So this is I Mean I really struggled to see the sense behind this move. It's almost like pure anger and revenge That they're trying to put out there to to counteract then what's happened at the end of last week But this is what's caused this You know catastrophic fall in oil prices because you know, this now is an all-out price war And hence those kind of headlines that has erupted and not only this against the Russians But how are the Americans going to respond to this? Donald Trump hasn't really said too much as yet about the economy But if you think about it think about oil prices down at these levels and what that means for a number of the big oil majors now most Oil majors in America generally need oil to trade at around a forty dollar or so Price point as an absolute minimum if you think about it US oil production has has grown almost exponentially over the last few years a combination then of the kind of the Trump administration's view about greater oil Independency the ability to export oil with the rule change that happened a few years ago But also the ability to be at a frack more aggressively given the lack of real Environmental focus from the existing administration and that's meant that all these oil companies in order to take Advantage of this huge rise in ability to sell oil to foreign shores has meant that they've borrowed a lot of money So the problem that you have here, of course is then and the thing to watch today Is these oil firms are going to get really hurt? Particularly kind of the less matured ones of a smaller size of a lower credit rating They're the ones that are going to really fill the pain and going to be at risk of bankruptcy It's probably going to lead to a real slashing of dividends the question mark being can they cover their debt payments with their Available free cash flow or not and some are just not going to not going to make it when oil is trading down at these levels now This is all prompted by what Saudi have done and what Russia have done So how is Trump going to react is quite key here because if you think about it if these oil firms start going out of business Well, that means the unemployment rate It's going to start ticking up the equity markets collapsing This is not what Trump needs or wants in a year of which he is campaigning to try and secure a second term when he's pinned Such kind of hopes on to validate his success of his policies on these types of more Binary metrics that we measure in the economy. So yeah looking at oil here. You can see where before Trump has been vocal to kind of verbally intervene at around this level at $42 But we are way below that at the moment a good $11 below that level if we look at oil on a monthly chart This does bring into play a really interesting level and that is on the I'm looking at a monthly candlestick now And this is 26 bucks 26 bucks is what we printed back in Feb of 16 And there's a there's a chart I wanted to share with you which is this one here I've taken a snapshot here of The price of crude oil going back in 2014 2015 2016 Now in 2014 generally oil prices were trading north of 100 bucks was quite common However during this period, this is where I guess the shale industry in America was much more in its infancy But was increasing quite quickly and there came a choice from OPEC chiefly led by Saudi Arabia Of course was does OPEC now cut production in order to offset then the pressure of an oversupplying nature of a market with the U.S Bringing more online and this is the the main Annotation here is in the top center on the 27th of November of 2014 Basically OPEC took the step where they decided to keep output steady despite that supply cut their main Kind of core of their strategy was well look we'll just flood the market and we will we will kill off this This us shell industry which at that point the break-even price was much higher than where it is today in 2019 2020 Now what happened there was The it did have a degree of impact the number of operational rigs in America decreased quite substantially But what they underestimated was the flexibility of that industry in North America to withstand and weather this storm And what happened was is that the efficiency on these individual sites was way better than what it was and so a real a real policy mistake from OPEC and this then also fell in step with the same situation where China's economy Started to see a continuous downturn with risks of a hard landing. It almost sounds reminiscent Right now of the same thing given the Chinese The coronavirus impact on the Chinese economy and the significant impact that has obviously on consumption for oil So here just to give you some context between OPEC really making that decision Around when that came we were going kind of around the hundred dollar price level and actually when we got to 2016 I think it was February of 2016 We got here to that chart which I just showed you on the monthly which was 26 dollars now overnight in WTI crude We printed 27 34 So we're in a whisker of that price level already But you know these are long-standing really important levels on a much higher time frame You can see that twenty six dollars where it's acted on Time look if we go back to looking at crude oil since the mid 1980s that level around 26 is key So I guess what a lot of people are going to be looking at here potentially from a from a medium term or portfolio Positioning point of view, you know, could there be some good opportunity here for a long Question I've been asking myself But you know when the market's moving with such flux at the moment I think sure if you're thinking about a more long-term cash position and Unleveraged nature than the trading a derivative then then sure you would say that oil is not going to stay down in the 20s for long But from a trading point of view, I think you know listen into Sam and the technicals in a day You're going to be quite key, but when the markets reopen later Keep an eye on Wall Street because the likes of BP in the footsie down 27% this morning and you're likely to see that type of price movement when the US open later The question being then is as I said, what is what is Trump got to say about this because he is not going to be happy and Think about the already sensitive Relationships that he has in the Middle East with the likes of Saudi Arabia the sanctions on Iran You know what is going to be the outcome here because he cannot allow for these North American companies to come out of business So something's got to happen And how does he put the pressure on Saudi and attention that relationship and then equally so with Russia and Vladimir Putin? All right, the other thing of course that is impacting all is the coronavirus but before I get there I thought I'd just finish off the oil chat with this one Bank note has come out of Goldman Sachs Overnight and they've basically said That they see oil going into the 20s Their prognosis for the oil market is even more dire than that period that I spoke to about in 2014 Where the price war last started it comes ahead with a significant collapse in oil demand due to the coronavirus as we've discussed So everyone's as we kind of saw last week getting more and more bearish on this situation Talking of the coronavirus it's obviously is the other the big topic and this isn't just a global response with the sell-off That we've had in the flight to quality bid on just oil It also comes as we've seen a greater expansion of the numbers globally of the total confirmed cases and deaths of coronavirus and We've known this for some time the movement came what two weeks ago when it moved out of the boundary of mainland China into likes of Italy, Iran and South Korea, but in my mind we've moved on now into a third phase that is Spooking markets and that is the fact that the number of confirmed cases in Italy now is north of 7,000 France and Germany is now above 1,000 and these are areas of course where you know any type of quarantine nature would have huge ramifications then for eurozone Global growth and then similarly expanding that out and to include the UK North America the global economy Outside that of the impact. We've already kind of seen in that of mainland China so another key thing here is Italy and not sure if you read it at the weekend, but basically over the weekend Italy have taken the unprecedented step of quarantining 16 million people In the region of Lombardy including the capital Milan Palmer, Medina, Venice all these cities have been put on lockdown in a national emergency expected to last at least a month and So anything where that includes major public spaces Maybe infrastructure related to travel as all we put on lockdown and this is obviously going to have a huge consequence on the Italian Economy and so much so that we've already seen this morning That the Italian deputy economy minister started talking about the government considering extending the DAX the tax moratorium Talking about state guarantee scheme for banks, you know They could be a real risk of a collapse which could have a systemic impact on their system So now it's you know, there was this big talking point before about will governments step up to the plate? And provide fiscal to complement the monetary stimulus. I'm afraid now. They don't have an alternative They have to so, you know, when I was looking at things like the UK budget and was there any preparation I needed to kind of Convey to you guys well quite frankly there isn't because all the detail that there might be it's all been Overshadowed now about how is the government going to counteract the inevitability of the fact that probably The UK is going to experience similar quarantine type measures I don't really think it's too much of a question if but probably more when In certain parts of the country So this is what spooking the market remember these things don't need to happen in a material fashion Just the risk that we think that they're going to happen is what we're seeing in front of us in our screens this morning That in addition to the OPEC plus meeting and the fallout in this price war that's now erupted has caused This quite large Scale of volatility that we've had all right a few other things Quick look at this. I'm going to share this link into the chat and I'll also put it on the video on YouTube But I post it Obviously in the daylight today I get a lot of questions about limit downs because for a lot of new traders They never really have heard of this terminology But if you look here at the S&P 500 you can see the overnight price action And you can see this kind of flatlining on my candlesticks here I'm looking on 30-minute candles and you can see the same thing as replicating on both the Nasdaq and the down And what that means is this market has hit limit down so overnight in Globeck's Electronic trade which opened last night. Remember US clocks have changed so the time differential between London and the US is shortened For the sessions ahead and what this has meant then is that the reopening of electronic trade So outside of floor trading hours markets can only move a maximum of five percent Now what happens then once we go into Wall Street cash equity trading hours So in Chicago, that would be 830 New York 930 then what happens is that these price limits then kick in and Correspond to the for following three levels of price halts 7% 13% and 20% and So what you can do is when you're on this link if you click on this button here view price limits It then opens up this page where Obviously, I'm not interested in Bitcoin futures here where it defaults to but if you scroll down You can type in equity limits and then just type in which other index that you're interested in looking at And so here the S&P 500 and it will pre calculate then ahead of the open Well, what is the specific level for each index future? You are trading where the limit halt would kick in if that makes sense And you can see all the corresponding numbers depending on what contract you're looking at So we'll go over all of that again ahead of the US open because it's going to be particularly relevant for that session ahead Final few things on that fiscal stimulus front. This was on Bloomberg this morning So I thought I'd just quickly cover the Trump administration is drafting measures to blunt the economic fallout from coronavirus And help to slow the spread across the US Including a temporary expansion of paid sick leave and possible help for companies facing disruption from the outbreak according to people Familiar with the matter still yet though to hear definitive detail coming out of the US President I am sure he's going to be vocal though on issues such as this and Also specifically on the price of oil much later on today I think his his strategists are probably just thinking about the game plan right now and hence the reason he's held off So far, but it is coming and it is going to be quite interesting and important for what he has to say The other thing on this side is the central banks. You've got the ECB later this week on Thursday And at the end of last week, I actually thought the ECB might hold off just giving their limits Relative limited room for maneuver on their policy options. However, again, I think they don't have a choice now And I think they'll cut the rates again by a further 10 basis points I think they'll look at targeted liquidity Injections to help promote and stimulate what can be quite Tight liquidity situations in markets like we've seen in various episodes in the repo market in the US And then also they unveil their latest Macro-economic staff projections of which I'd be anticipating downgrades I don't think it'd be unsurprising at all to the likes of growth for sure and probably a slight tweak to inflation as well, so I Mean that is pretty much it just as a reminder obviously every Sunday. I do write a piece Called the macro menu, which I'm just going to put the link into the chat now And this has the full calendar of the week ahead And so if you do want to see all the data points speaker events and so on you can refer to that And it also has a summary of some of the things that I've spoken about in this briefing It will be updated with this video as well shortly after All right, that's it from me. I'm going to hand you over to Sam. Let's hear what he's got to say And I wish you a good day ahead. Thanks very much Yeah, hi guys. Good morning What an evening last night and obviously morning now start off with a bit of oil We'll get some of those longer-term levels up I was just having a look at the the spot market for oil and that load From 2016 the double bottom on the spot has been here and hence why We've had a decent recovery from then so I'm just going to put this on to the weekly time frame Let's just drag this over and move it up and you can see as well here in the future as well We did have a little bit more to go on the spot. It did hit those levels So certainly when we if I should say we have any further Movement to the downside just keep an eye on your spot charts as well because obviously that Did offer a good level of support Below there certainly on below the low of the day and the futures be aware of around $26 $26.09 I think to be precise the low that we did get back there in February and January 2016 below there and and yeah that $20 can look to come through there are quite a few lows as well Which I'll put into the chat later worth having these marked up going back to the beginning of the millennium For oil the way it's it bounced from that low. It's already up. Well for bucks or so Just I suppose resistance levels It's going to be tricky today because of how a liquid the markets going to be at each price I'm sure the volatility is going to be a lot higher But here is one just where we're trading now You can see we have been a bit of support and now a bit of resistance and we're already 20 20 cent below that point Is there much point in the pivots on no not really if we were to get back up towards there There's you know something that's most likely come out, but you can see a decent push Higher here in oil from those lows, but still massively down for for the day and Yeah, I mean where we finished Friday 42 You know almost $10 down to where we're trading now and a half But yeah resistance levels, you know that's something I've been looking and I looking for I think if we were to get back below 30 bucks, then you might see a continuation of this move to the downside S&P I was just having a look next door and We're we're at levels Well, so we'll see what happens once we open again, but we're levels traded back in August last year Which sounds crazy really doesn't it you say we're you know come down all this way from the old town highs But we're only where we were August 2019 which is insane is there more to come you'd have to be of the bias that there should be but that Does not mean once it starts over that you click sell You know and with the the speed of these these movements as they're going to come through You do it, of course, you know not want to be going in full size because it could be over very quickly Seen tweets, you know send these this is the potential to be the hardest day of people's trading careers So if you know experienced traders are saying that take take note Above where we are trading I would obviously keep an eye on those lows that we had from From Friday, but also if we just scaled back down here around the low that we had from the previous week on the 28th But fed which was also the second of October low So I'll be keeping a watch on there for opportunity if we were to find some strong resistance That could be an opportunity to then get short back down towards these lows It might not however give that opportunity and then it's just worth marking up some of these levels that we did have from Beginning of August after that Chinese devaluation and then may as well. So yeah, it could be that You know we get down towards these levels some point soon But predicting how it's going to do that is not going to be easy Just mark up your key levels wait for whatever confirmation you want if you want to get in and I would go smaller size Because these moves will definitely resemble your your normal size through there the backs, which is currently Open at the moment. You've got a nice resistance level that I'll be keeping an eye on here at 10804 I like it I think it's a good point that could be an area where people would look at the looking back to to get in To go short. So one two three break through this have a look see how that holds up I think if we were to you know five minute close below there or hit some nice resistance Then that could be something that I would like to look of above there Then you know these markets are not going to hang about they could really push on and you know next week It's 80 points up and you're on the low that we had from around six o'clock and you don't want it You wanted to success before every trade when you're going to be wrong and you know that happens move on go for a walk Last thing you want to be doing is getting in and out these markets getting involved in that chop Which is going to be there for sure Currently well this I'm gonna start which is probably the first time I've ever started with this Currently the Kiwi which you can see had a flash crash overnight across every single pair around 145 insane move lower That's the lowest it's been I'm gonna put this onto a weekly chart for that reason that is the lowest we've been since May 2009 so an insane move there for the Kiwi and it's almost reversal all of that As an opportunity goes though, you know across the board for those Kiwi pairs once you do get a bit reversal or more of a reversal to Where that started? I think that could be a good opportunity for a short So that's certainly something that I'm gonna be keeping an eye on the euro Push higher as well. I know where it looks nice here on this Low that we had overnight bit of a trend Yes, we had a little false break early at 6 a.m I like the idea that if we break through that to get you know potentially the gap fill to be honest That's something I'm high enough I know that's going against the recent trend of this market from those lows and how insane that is up to 115 in early trade this morning or so levels Not seen since March last year, so pretty pretty crazy there But yeah in terms of the euro I like the idea that if this trend line breaks to get a short to go for that move lower And the pound you can see also benefiting from safe Haven moves Which is also a bit a bit unusual, but that's just coming down a bit as the dollar just tries to recover a touch This is the highest the pound has been since earlier this year early in Feb late late January And I'm very regret not getting long on that 14th of October long high even more now But so yeah up to 132 keep a watch on that I do like the look if we can come back to 130 79 about 70 ticked away from here because the highs we had before 1113th of Feb I Think the way I'd be looking at all different currencies and let's have a critic over at the yen is Identify your levels and if they don't come there that doesn't mean you know You want to go chasing and look for other opportunities put that that plan and preparation in because You get involved. I mean just look how big these ranges are so a lot of what happens is going to be chopped between All of those points So yeah identify your areas you're interested in it and go from there similar trend here in the yen This is the yen against the dollar So if that was to break through you could see something similar in the euro and we start to push down Quite like these areas here the high that we had in late trade yesterday when I'm on the open That could be an interesting point But the end is testing that trend line there and the euro as well So keep a watch on that because I do like the idea if we can get a nice five minute close below This could lead to a further move lower gold up to 1700 earlier on But we're down 30 cent $30 I should say since then Which is a bit worrying you would be expecting gold to Really have pushed on and at the moment. It's completely right now flat from from where we opened up and Especially once maybe us actually is open up It'll be the interest to see what happens here the the the worrying thing of it not being a bit higher means maybe we are Gonna have to come a bit lower first here. We draw that up. That's the highest we've been since December 2012 Yeah, I guess through their 1750 would be a point of interest But before that 1720 just because we had some resistance in 2012 December, which is insane to be even looking at levels Like that, but if the dollar does strengthen a bit euro come lower Break of that trend perhaps gold as well to follow suit and the end to come off a bit. I Don't know whether that's the safest play it might be that you just waiting for to you know good Get long gold a bit lower down nothing really wrong with that In in in the morning, you know remember Monday as well It's always gonna be tricky let alone the fact that we've just had the you know, the craziest open I hope we've seen in a long time keeping an eye here on the Daxus to wrap it up around this point of interest the low that we had around one two four o'clock before we broke through After quarter to six a quarter to seven Sorry that for me is the key first resistance that we're gonna see across equity levels Can we hold there if we do then I'd be looking for us to drift that lower above there We might get a little bit of preve and quickly as well Guys as usual any questions, please do let us know there's gonna be plenty of opportunities out there But you do not have to go chasing on a day like today be patient Size I would absolutely lower that because obviously these moves are going to be a lot bigger Than what you would have been used to


Welcome to Asian Review. I'm your host, Bill Sharp. Our show today is Asia's Front Door of the Pacific Islands, and our guest is Dr. Fabrizio Buzato. Dr. Buzato holds a number of research positions in various institutions in Taiwan, Japan, Italy, Australia, and the Czech Republic. He indeed is a specialist on the Pacific Islands. But of all his qualifications, perhaps the most impressive one is his membership, where I met him, indeed, in our Wednesday night Taiwan-based dinner club. So I think what we're going to do today is we're going to dedicate this show to that Wednesday night gentlemen's dinner club. It's great. It's good to see you. It's really good to see you. Well, congratulations. You've just finished your PhD.  I'm sure that you'll have a great career ahead of you. It's good to see you again. Well, the show today is I announced Asia's Front Door, the Pacific Islands. So let's get right into it. In fact, could you guys put up that map of the South Pacific that I sent you? We don't have that. Okay. Well, there seems to be... I sent a map to these guys, but I don't know. It maybe got lost in cyber air. Okay. But anyway, let's start off with a brief overview or summary of the geo-strategic situation in the Pacific Islands. Well, I'd like to start with a biological metaphor. The geopolitical DNA of the region is changing rapidly. Okay. It used to be a geopolitical but water. There's something like 20 back to 20 years ago, but now there are new transformational variables in the regional equation. The region is undergoing a process of oceanization. That was for so very clearly by the late Ron Kraken in the early 2000s. Now, the new Asian partners are offering the Pacific Island countries fresh partnership options, new developmental alternatives, and new foreign policy options. Of course, the new big guy on the block is China. The US has sort of forgotten about the Pacific Islands, hasn't it? So you could repeat the question. Okay, sure. The US has sort of forgotten about the Pacific Islands. Well, some analysts contend so. It is a little bit unfair toward the US, but because the US, the only global superpower, is distracted from the Pacific by what is going on in the Middle East and other regions. But it is true that the region is being overlooked by Washington. And that created a strategic opportunity for China to step in. That's really interesting because when Kurt Campbell was the assistant secretary of state for East Asian and Pacific Affairs, he put a lot of emphasis on the Pacific Islands. But that emphasis seems to have eroded since his time, but it wasn't really that long ago. But two other countries have played a prominent role in the Pacific Islands. And one is Australia and the other is New Zealand. So what can you bring us up to date on what their stance is on the islands? Well, they continue to be engaged over the last decade. They are somehow renewing their effort to engage, stay engaged with the islands. Australia is the top aid provider to the region. It has an essential role, especially in Melanesia. New Zealand as a Brazilian resources are more limited. But it plays a crucial role in a subregion like Polynesia. Signally, yesterday, New Zealand foreign minister declared that his country is going to shift the focus of its Pacific engagement from aid to development. Because the development was of the key words, of the buzzwords now in the Pacific Island region, in the South Pacific. China understood it very well. The Chinese are providing key infrastructural development aid to region, financial aid, the bulk of their assistance to the region is in the form of concessional loans. This, of course, is creating dependency and a debt trap potentially. So if we want to sum up the situation, we could say that China is eroding the traditional powers influence in the region, including the US, Australia, New Zealand, and we shouldn't forgot France as well. Interesting. Tell us about what is going on in Melanesia. You seem to have a lot of concern about what's going on there. Yes, it's the most geopolitically volatile subregion of the Pacific Island region. The region is divided into three parts, three ethnographic regions. Melanesia, Polynesia, Micronesia. The bulk of US strategic interest is in Micronesia. But Melanesia... Micronesia and the Marshalls, right? Responsibility was... Sorry. I said most of the US interest is in Micronesia and the Marshall Islands, correct? Yes, the Marshall Islands are part of Micronesia. Basically, we have the three compact treaty states, Marshall Islands, further states of Micronesia, Palau, plus the Commonwealth of North and Mariana Islands, Guam, the only Micronesia, then in Polynesia, the US has American Samoa. But Melanesia is the subregion which is giving big headache to countries like Australia. Well, the regional system mission to the Samoa Islands just ended, basically a few days ago. And now it's difficult to foresee where the Samoa Islands are waiting if they are able to retain their newfound stability. Actually, the Samoa Islands are one of the six diplomatic allies that Taiwan is in the region, but they're being countered quite successfully by China. China has strong economic presence in that country. Taiwan is responding by stepping up its diplomatic engagement with the Samoan Islands. But there could be new developments in the next months. Then we could even have a new country in Melanesia by 2018. What would that be called? Well, New Caledonia, which is interesting. Oh, that's right. Actually, that's my next question. That's my next question. Because New Caledonia is just on the verge of declaring itself independent from France, correct? Yes, they will have a referendum. Well, the outcome is not certain because the indigenous New Caledonians, the Canucks, are 39% of the populations. The Europeans are 27% of the populations. Caledonians, most Europeans are another 9% of the population and the rest of the mixed background. Well, a previous referendum, the first referendum was boycott by the National and Socialist Canada Liberation Front. So it's not, the outcome could be in the sense that New Caledonia will stay with France. But again, there's another potential new country in the region, Bougainville, same population of New Caledonia, roughly 250,000 people, much poorer in New Caledonia. And currently it is a province, an autonomous province, so Papua New Guinea. Let's stop right there for a second. Okay, Bougainville, that has been a troubled area for a really long time, hasn't it? I mean, it's got a very wealthy mining deposits. And then in 2001, an autonomous Bougainville government was established and they negotiated an independence referendum with Port Morrisby. But, well, Bougainville is a case that is the most likely referendum to succeed. In that case, we'll have a new, poor, unstable country in Melanesia. They are counting on an Australian mining company, The Othinto, in order to find a new state. They have a copper mine which was closed by The Othinto because of the civil arrest there. So they could succeed with gaining independence, but they could fail as a state. Okay. Well, you know, before we go any further, I'm just really kind of curious here, how does somebody from Italy get interested in the Pacific Islands? Well, by starting at the University of Tasmania. That'll do it. Yeah. Yeah. When I was researching my first MA thesis at the University of Milan, I had the opportunity to go to Australia. And then there I met some people and decided to stay for a while. And through Australia, I got involved in Pacific Island studies. I had the opportunity and privilege of lecturing at the University of Fiji. And I, well, I got, I got the Pacific bug and, you know, I still, there's no sign that I'm going to heal from that anytime soon. Well, what took you from the University of Tasmania to Taiwan then? Then when I was researching my second master thesis at the University of Tasmania, which was about holy sea-china relations, I met the Taiwanese ambassador to the holy sea, and he strongly advised me to pursue doctoral studies in Taiwan. And so here I am. That's really interesting. That's really interesting. Well, okay, the Solomon Islands, there's been a constant kind of sea-soling back and forth between, well, Solomon Islands in the middle, China, one end, Taiwan on the other, back and forth, back and forth. So what's the status there today? What's the story in the Solomon Islands today? Well, after Ramsey lived, Ramsey again is a regional assistant mission to the Solomon Islands. After the end of Ramsey, Prime Minister Manasseh Sogavari is still very much in power. Now, the country will have to fend for itself. There's still a, a ethnic conflict lurking, you know, under the ashes. The two main islands, the Solomon Islands like Guadalcanal and Malayita, their rivalry has been, was the prime cause for the Ramsey to exist. In the past, they had strong civil war. And now the country must find new reasons for unity. There are social and economic problems. China's signal is being a destructive force there. Illegal logging is still very much unabated in the islands. Much of that timber ends up in China. Data on these are helping, but the Solomon Islands are big enough. The Solomon Islands is one of the few Pacific Island countries which are not microstates.  Let's hold up right here because I'm getting told that we have to take a break. Okay. So we'll be back in one minute. You're watching Think Tech Hawaii, 25 talk shows by 25 dedicated hosts every week helping us to explore and understand the issues and events in and affecting our state. Great content for Hawaii from Think Tech. We all play a role in keeping our community safe. Every day we move in and out of each other's busy lives. It's easy to take for granted all the little moments that make up our every day. Some are good, others not so much. But that's life. It's when something doesn't seem quite right that it's time to pay attention. Because only you know what's not supposed to be in your every day. So protect your every day. If you see something suspicious, say something to local authorities. Aloha and Richard Concepcion, the hosts of Hispanic Hawaii. You can watch my show every other Tuesday at 2 p.m. We will bring you entertainment, educational, and also we tell you what is happening right here within our community. Think Tech Hawaii. Aloha. Welcome back to Asian Review. I'm your host, Bill Sharp. My guest today is Dr. Fabrizio Bazzato. He's joining us via Skype from Taiwan. I'll show today Asia's front door, the Pacific Islands. Dr. Bazzato is an expert on the Pacific Islands. Unfortunately, the area is often overlooked by policymakers in Washington and other capitals around the world, but it does have a growing geostrategic significance, especially the China. One thinks that while China on one hand criticizes the Japanese a lot, they've studied a lot of Japanese naval strategy from World War II very, very closely. And just as the Japanese put emphasis on the Pacific Islands, so was China, because I think it is literally the front door to Asia. Indeed. Okay. So, you know, the Boganville thing, that's such an interesting phenomena. I remember when I was in graduate school the second time, we had a case study based in a negotiation class, how to negotiate, right? And how to negotiate in a very difficult situation with an international background. And the substance of that case was the Boganville situation, especially it was so attractive to so many people because all the mines there. And then there was the indigenous population wanting to have do their own thing. And that's been such a complicated situation for so long. Really interesting. It does seem the only way out to me is independence. And maybe that brings us back to Taiwan. Yeah, well, you know, when I talk about Boganville with my Taiwanese friends, they say, oh, well, there will be a new state. Maybe they will recognize Taiwan. Very, very, very. Well, you know, it's a possibility I cannot exclude, but well, China is in much better position in the region to win the diplomatic allegiance of new states, provided that Papua New Guinea will asset the outcome of the referendum in Boganville. Right. They helped with setting up the autonomous Boganville government in 2001. But, you know, we just had the national lectures in P&G. Peter Nils is probably going to be referred as prime minister. And as such, he might decide that this is not a good idea, after all, to let Boganville be independent. We still have one year to go, but we'll be following development. The Australians are following the situation very closely, too. I hope that U.S. is doing the same. You know, it's really interesting when you talk about, as new countries come into the world, there's so much hope in Taiwan that they will then recognize Taiwan when East Timor became independent of Indonesia. And remember, there was so much hope. Oh, East Timor will recognize us. And then when Yugoslavia was breaking up and all their republics were becoming countries, there was so much hope that they would recognize Taiwan. And in some cases, it seemed like that might happen, but it never did. Well, that kind of takes me to this interesting article that she wrote for the Lowy Institute. And for our listeners, the Lowy Institute is probably Australia's most prestigious research institute. And Dr. Posato recently wrote an article for them called Who Will Abandon Taiwan Next? And that's sort of a guessing game going on, with the defection of Panama just very, very recently. The insinuation is that there'll be one country after another, after another, that follows suit and crosses straight from Taipei to Beijing. But I thought your article was really interesting because it really explored the Vatican's role in all this. And I think we could successfully argue that the entities that still recognize Taiwan, the Vatican is probably the most important. So, well, it's your article. So, I'll let you explain it and tell the audience about it. Well, yes, the Vatican, the Holy See precisely because the Holy See is the assertive sovereignty of the Vatican City-State. The Holy See is the supreme government of the Catholic Church. As such, it enjoys international personality and attentes diplomatic relations with what, to be precise, 183 states. The last to recognize the Holy See was Myanmar. And yes, it's the only European ally, diplomatic ally, that the Republic of China, aka Taiwan, as in Europe. And as some commentators argue, it is the only diplomatic service of note in Taipei that is a little bit unfair. But it conveys an idea of the geopolitical importance of the Holy See. The Holy See established diplomatic relations with the Republic of China in 1942. Then since 1970, they had just a chargé d'affaires à dintérim, pro-temporary here in Taipei. But today, relations between the Republic of China and Taiwan and the Holy See are cordial and friendly. They both shared a preoccupation with human rights. And Taiwan is a democracy which guarantees freedom of religion to local Catholics, the Catholic Church in Taiwan. They are roughly one percent of the population. China does not. China grants freedom of worship, but it implements a strong control over the Catholic Church in China, which is divided into two segments. The patriotic church, which is recognized by the state and the underground church. That the Holy See, the Holy See's diplomatic priority is twofold, freedom of religion for Catholics and the defense of human rights. The Holy See is not interested in signing free trade agreements, in receiving demand of AIDS, et cetera, et cetera. So this is basically the reason why... So basically what you're saying is China, with all its money, isn't going to be able to... This sounds a little bit crude putting it this way, but to forgive me, it's not going to be able to buy off the Vatican. No. I believe the Vatican is the only case of a state that cannot be bought off. What raised a substantial amount of rumors about the Holy See relocating this nunshooter that, by the way, it considers as its nunshooter to the whole of China, from Taipei to Beijing is the charm offensive that since 2014 Pope Francis has been conducting toward Beijing. Well, the negotiations have centered on the appointment of bishops, but they could also precipitate a diplomatic, the normalization of relations between the Holy See and China. That's a possibility we cannot route, but at this stage it is very premature to talk about normalization of relations between the Vatican and Beijing. Even the Vatican Secretary of State, Cardinal Parolin, at the Davos Economic Forum in January 2017, has declared it is still a long way and which requires a lot of patience. So if it's going to happen, it's not going to happen tomorrow or tomorrow after. It will still have a few years to come. Let's move on from here because we just have a couple of minutes left. In the couple of minutes we have left, sorry this always happens to us, we ran out of time, but we do have a couple of minutes left. In Italy, what's the basic Italian view of the Asia-Pacific region? Well, Italy has an export-oriented economy, as the Pacific as the global economic powerhouse. So in the last years Italy has renewed its effort to engage with the region. Quite successfully, Italian exports to key countries in Asia-Pacific are on the rise. Then with some of the countries in Asia-Pacific like Australia, for instance, Italy shares an identity of use and geopolitical closeness. I had some data here. For instance, Italy's exports to Oceania between 2010 to 2015 has grown by 30% and trade with Oceania has grown by 98%. So Italy is implementing a diplomacy with a strong economic component in Asia-Pacific. With some countries there, Italy has a very low history. For instance, the treaty of trade and friendship between Italy and Japan was signed in 1866. We think so much of the initial Western contact with Asia came out of Venice, the great Venice traders, Marco Polo and all that, making their way to Cathay. It's almost like a fairytale in a way. And it's also interesting to me to note that Italy is a country that's willing to stick its neck out a bit for Taiwan when it comes to weapons development. Because as you and I discussed, that there's some very cutting-edge minesweepers, mine layers actually, I think they are, being developed in Italian shipyards. So we're getting down to our last minute here. I'm just thinking, is there anything else you'd like to say in our last minute? Well, I will shift the focus back to the Pacific Islands region. There's a fundamental understanding among Western scholars about China's strategic culture. They tend to see China as a strategic threat in the region. In the Pacific Islands? A military threat. It is not. The Chinese, by definition, by tradition, prefer an indirect approach, and they prefer to use extra military means. Signally, namely, economic means. So if the U.S. intends to contain China in the region, it should put its wallet where its mouth is. That's good advice for people in Washington. I hope they're listening. Well, it's really good to have you on the show. It's good to see you again. And again, congratulations on this, getting your PhD. It sounds like you got a wonderful career ahead of you. You already have so many connections with so many research institutes spread around the world. It's really impressive. Well, it's globalization, you know. Okay, so I'll be sure to say hello to all my friends in the Wednesday Night Dinner Club. I'll be glad to obliged, and we're very much looking forward to your next visit to Taipei. Okay, thank you very much. And thank you very much for joining us today. We'll see you again next week, right here. Bye now. Goodbye.


amazing. Here's one that if DC Comics had an ounce of brains behind their movie and TV production would just put everything they have in it, literally. It goes against the woke movement, woke community. It is what the next wave of sort of a wave that's coming, right? And DC Comics would make mint. I'm talking billions of dollars if they did this thing right. If they focused their energy on Lobo Last Zarnian. If they came out with a Lobo TV series, a Lobo movie that really did Lobo justice on the level of Alan Grant, Keith Giffen and Simon Bisley. Man, Lobo would be on the level of Batman if not more.