you know that China has 80-90% long term contracts in Africa. Coal, copper, uranium, oil, fertilizers. They have so much they can export. They profit massively from green cult. US did not bother as they have most of the energy except rare earths. Capital is moving where it is appreciated. UAE. Industrial base Philippines, Vietnam, China, Bangladesh or even Mexico. I find it hmmm not sure which word to use, this talk about nuclear "stuff" aka uranium....I mean it has to be enriched and guess who control enriched uranium. Yup. It starts with "R". On the Nova Swan. US has completed their nuclear shield. Pentagon believes they are protected in case of the nuclear war and would appreciate the opportunity to test their shield....
Bolívia just signed a few billion dollar deal with China and Russia, selling the rights of lithium exploration. They hold 21% of the total global reserve.
If the world reverts to a commodities based economy (common in war times or when energy spiral into inefficiency/higher costs) guess who holds many cards ?
Yes. I mean on one hand you have a printing press currency and on the other you have a currency based on real "stuff" which one would you choose? I mean what is the point of having a car if you do not have petrol? Currency is simply short DATA debt or debt is LONG DATA currency pick whichever way you want to view it.
Fiat currency vs. gold, silver oil, uranium, farmland. I have not seen deflationary War.
( i think oil is gonna be the biggest convex trades. Nat gas I am less bullish )
Did you know that China is still buying record grain levels even this year (this is 3 years in a row) ?
They are also importing HISTORICAL LEVELS of LNG (Liquid gas) as if there was still a massive shortage.
Pay attention to what goes behind the magician's hands. =)
Next substack will be the Nova Swan probably, even if take me a few days, it bears more significant and "usefulness".
you know that China has 80-90% long term contracts in Africa. Coal, copper, uranium, oil, fertilizers. They have so much they can export. They profit massively from green cult. US did not bother as they have most of the energy except rare earths. Capital is moving where it is appreciated. UAE. Industrial base Philippines, Vietnam, China, Bangladesh or even Mexico. I find it hmmm not sure which word to use, this talk about nuclear "stuff" aka uranium....I mean it has to be enriched and guess who control enriched uranium. Yup. It starts with "R". On the Nova Swan. US has completed their nuclear shield. Pentagon believes they are protected in case of the nuclear war and would appreciate the opportunity to test their shield....
Bolívia just signed a few billion dollar deal with China and Russia, selling the rights of lithium exploration. They hold 21% of the total global reserve.
If the world reverts to a commodities based economy (common in war times or when energy spiral into inefficiency/higher costs) guess who holds many cards ?
Yes. I mean on one hand you have a printing press currency and on the other you have a currency based on real "stuff" which one would you choose? I mean what is the point of having a car if you do not have petrol? Currency is simply short DATA debt or debt is LONG DATA currency pick whichever way you want to view it.
Fiat currency vs. gold, silver oil, uranium, farmland. I have not seen deflationary War.
( i think oil is gonna be the biggest convex trades. Nat gas I am less bullish )