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Showing posts with the label China

Gold the Doomsday hedge is telling, that something big could be brewing. With two major conflicts occurring in the World and the U.s. trying to manage 'low intensity' proxy wars with nuclear armed states, speculative markets could unwind en masse. Gold would be bid, reaching 3000+

Oil crashes 2% to $76, then rallies back over $78 as the push and pull of a China slowdown versus Middle Eastern conflict/s. Oil stays bid over $78.

Self explanatory chart: Oil drops 1% on China's behemoth developer Evergrande $300 Billion debt restructure, order by HK court into a liquidation. Then rises after the U.S. may begin retaliatory airstrikes on Iranian targets. Will the U.S target Iran? Oil is bid over $77

An unknown pneumonia outbreak is occuring in Beijing and Liaoning, affecting mostly children (severe), adults (mild) . The World Health Organization is asking China for more details on the epidemic. Translated report via Promed Post (International society for infectious diseases). Statement from WHO in relation to China epidemic ( Update 4)

A military incursion on Taiwan by China imminent? (Update 21) *South China Sea/Taiwan Strait Tensions*

Oil punches through its $90 price resistance, now trading above 10 month highs. Next price resistance ranges are $95 and the psychological $100 per barrel. Saudi Arabia and Russian supply cuts will last december 2023. China is not in deflation, rather the economy is stagnating with higher energy costs.

Gold is holding above $1961 an ounce, with the psychological $2000 within reach. All eyes on China, as the behemoth country begins to splutter into a messy recession. Don't expect exported deflation to the West, expect stagflation.

Crude prices are now sitting comfortably above $83 pb, a perfect storm brewing for energy costs, extreme weather, collapsed oil stocks in U.s. and geopolitical: Russia/China/middle east. Russian natural gas being stockpiled by the U.K., like no tomorrow.

Energy prices spike as Natural gas rallies over 3% as industrial action at Australian gas facilities begins, oil turns bid at $81. SUch is the perils of price controls, particularly on Nat Gas. U.S. crude inventories are still dropping to their historic lows.

Australian dollar (AUD) is falling towards its 2008 and 2020 lows as China's bond contagion is probably already occurring. China bailing out massively indebted property companies will not solve their rising unemployment rate and debt crisis. All eyes on Australian bonds and AUD.

USD bid as the Chinese property sector readies for a total collapse. Yuan bonds are being dumped as millions of Chinese begin to save. Bonus chart: Argentina Peso crashes as a mini "Trump" and right wing extremist may become their next President.

S&P 500 drops 0.42% on U.S. Bank downgrades and Chinese 'deflation'. Remains overbought at 4480.

self explanatory charts of BITCOIN (btc) futures. Highly unlikely that BTC will ever hit 60K in its foreseeable future. As a risk catalyst, it is neither a safe haven nor a store of value. If an armed conflict arises with China. BTC could go to zero.

Oil futures gap up over $4 on escalating Chinese and American tensions re: Taiwan Strait. Bid at $73 after spiking to $75.

Gold is rallying above its 1980 support, while the U.S. Dollar has fallen out of favor as a safe haven, probably due to the indecisiveness of rate hikes for 2023 by the Fed. China may launch a surprise attack on Taiwan earlier than official analysis have decreed. Chinese war ships remain in the Taiwan strait.

Oil price in three days has left its bear market, rising10%. Reasons: Banking sector bailouts and Central Banks expanding their balance sheets (once again). Plus, very concerning geopolitical tensions in the Middle East, Europe and South China sea; should keep the oil price bid over $70.

China XBB variant outbreak is concerning. China may extend massive lockdowns across the country to contain the covid variants. Could this be the beginning of a global depression/stagflation?

Will China attack Taiwan shortly? Can the West impose sanctions on China's manufacturing sector, banks and everything else? Is Ukraine and Taiwan the new Cold War 2 frontlines?

Gold the Doomsday hedge has been activated, Copper sell off is from a China slowdown re: COVID lockdowns. Commodity prices are rallying on military deployments by China in and around Taiwan.

China begins to ease COVID-19 restrictions, using the reflation/stimulus trade playbook, expect prices to blast through the roof for Copper, Oil, Wheat and Natural Gas.