Looking into the debt China is building, one way that will pull through this initial demise is to rebuild their credibility which may prove difficult in the short to medium term. They will need gas and products they cannot manufacture enough of or, do not have enough available as resources in their compromised state presently to function as a competitive Country, there is a risk total collapse if balancing isn't achieved to continue being respected as a teade partner.
For them quantitative easing is probably not on the table creating an arduous road ahead for the serfs running their slaves into a quasi-oblivion from the corruption exposed as it is today.
Natural catastrophes battering their land and people, poor resources management teams also contribute to their perpetual agony.
Therfore the Australian dollar hedged with the USD tied into the Euro may strengthen against a BRICS " new currency strategy," to increase trading power against the current equity markets based on steering itrade agreements nto a new currency territory for several years in our future based on our recent reading.
As Countries find a resource within alliances for trade and defense, agriculture, energy and critical minerals for manufacturing, better to stick with the devil you know than the devil you don't if you trust your historical instincts and are robust enough to handle the downturn we are all facing for this time of reckoning.
My guess is this division of leadership for restructuring a quality standard regarding self reliance and interdependent trade may again create a larger chasm of has and have nots regarding purchasing power for all shifting competitive markets.
IMO EXR is a sound investment for the nature of reliance upon established and potentially new energy sources, the Gobi also receives as Australia does, tons of sun and wind, has lots of room. Both are favorable trade jurisdictions for many Countries, not just China. Perhaps this shift may place Mongolia in a more strategic power position due to the issues currently noted? Recognized its capacity for Gas and green energy export, fertilizer production.
Listening to Bas Vermeulen was essential to have a no Brainer day, purchase more @ sub 7 cents then push the CR into gear by being supportive as well later for a punt.
To not get all anxious and think well then there's gonna be another CR and another, its too far out there to be a sanity comfort zone my belly aches.
Bravely go with the flow, one step at a time Do invest or do not, but think about more than just yourself, then the bigger picture will start to make sense.
Its about a tenaceous camaraderie to win not omg we're gonna capsize the Company prospects they aree a bunch of pissing in the wind comedians running the show, conniving for more & more later...IMO for all its worth. Picked up a chunk today, thanks vendor, it was a No Brainer.......
(20min delay)
