FEX 1.82% 28.0¢ fenix resources ltd

starting to hit investor radars, page-60

  1. 2,206 Posts.
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    Bang on that's why I referred to the Gov 'jaw boning' producers. CCP believe they have the opportunity to accelerate their desire to be #1 economic power globally while USA and the ROW struggle with COVID 19. China have been building huge US treasury bonds and gold reserves and are deploying this currently in stimulus resulting in the start of the next commodity super cycle. CCP don't want this but will live with it to drive economic dominance. CCP desire military parity with US in the western Pacific but can only achieve this in next 50 years if they can neutralise the carrier imbalance. Can't do this in a carrier arms race so need to develop hyper-sonic cruise (exercet type) missile technology to wipe out US carrier dominance. A stand off missile (s) launched from over the horizon travelling 5-6 Mach and in the ocean radar scatter is hard to detect and defend. Pull this off the US carrier fleet is toast. Power projection is impotent. China becomes the Middle Kingdom once again.
 
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