Now, we guess, that there is no any doubts that all the world will print, print and print FIAT money in order to keep insolvent system running. UK will be tested first, as usual, and is already in the next QE program, US and Europe to follow. By the way price of Gas in UK is already above 8 dollars per gallon. We almost stopped to write about Gold - nothing further to prove, time is for the Energy Transition. Lithium - Electric Cars and Hybrids. Rare Earths - Mobiles, Wind, Solar and Electric Cars with Hybrids. Silver - Solar, Mobiles and Store of value. Copper - Electric Cars and Hybrids, Charging Infrastructure, Energy Distribution. Zinc - Electric cars and Hybrids, Charging infrastructure, Energy Distribution.
China is on the shopping spree with its 3.2 trillion reserves now. We are following here International Lithium with Ganfeng Lithium as strategic investor, Canada Zinc Metals with 36% owned by Tongling Nonferrous, TNR Gold with Canada Zinc Metals as strategic investor, TNR Gold holds 28% in International Lithium.
Welcome to the Reflation Round 2 in case if "Europe will be saved."
"The art of modern economics turns into the pure magic now: how to make it enough for everybody, when there is not enough left.It is time for a reflection point today: we will post some charts, some quotes from our previous articles and you can draw your own conclusions as usual."
Jim Puplava Podcast:
Stephen Leeb PhD, Red Alert
"The American Dream is close to being replaced by a living nightmare:
Key commodities that are essential to our daily lives and that are widely believed to be abundant are running critically short. Even worse, the Chinese are doing what they can to monopolize the world's dwindling resources.
The U.S. is now largely dependent on our greatest economic rival for rare earth elements as well as a host of other minerals--all of which are absolutely essential to the development of alternative energies and are critically important for our defense industry, computers, cell phones, and other electronic devices.
While America has been fighting wars in Iraq and Afghanistan, China has focused its substantial muscle on securing vital commodities from these and other lands to upgrade its infrastructure and industrial strength to meet the resource challenge head-on.
China has wrapped itself in the green flag of combating climate change while systematically discouraging other nations from adopting similar policies in a bid to gain time to achieve its plans.
RED ALERT is a provocative and frightening look at the growing political, economic, and social power of China and the threat that nation poses to the Western world. It lays out how the Chinese are strategizing to overtake the United States as the world's premier economic power-and details how our failure to respond quickly will result in a permanently lower standard of living for Americans.
Peppered with startling statistics, charts, and evidence of how China continues to expand its economic reach, RED ALERT is both controversial and powerful in its scope."