Question: 20% of present EU market strike price in place now, or only 20% of EU gas volume sales shipped? Artl. I read stated Russia to receive $400 Billion in sales of gas to China over next 10-20 years. This is nice backup cash for Russia, to maintain its military investment upgrade budget and other national economy needs.
China (Great Wall)to establish auto factory in Russia to employ
Russian workers, building Chinese Cars for Russia market. Another sufficient off-set to EU and GM auto contract changes (if further sanctions). Also, China and Russia to cooperation on Jet transport research and production models, and joint space research projects.
Throw in India/Russia joint advanced fighter development and Russia did not come out too bad? India deal looks like USA and EU will be cut-off of future India fighter aircraft buys. Signs of increasing pressure on USA $ and foreign T-Bill buying?
How can FED keep lowering QE monthly purchases and keep Stock Market and T-bills and $ balancing act going? We had best hope the bright-bulbs in DC are buying PMs for our mint and defense stockpile. It does make one wonder if this latter idea is happening . . . if it were . . . would not PMs prices be going up?
To me, it would make more sense for USA government to buy PMs with new QE funds, than give to banks that just buy T-Bills via electronic money and then place it in stock market, to drive it up. If the overseas multinationals want to keep their USA stock market prices up, let them bring back some of their overseas profits to USA to do it. Banks wanted the zero down house contracts and fees associated with them . . . let them eat some of that side-dish . . . they cooked up . . . not the bank account savers. What I see going on is USA economy is turning into electronic 'cloud' and their is lessening real physical assets to back it up. Under these new economy concepts . . . freedom of market economies to self-adjust is thwarted significantly.
Not fun to see PM prices still dropping and forcing valuation issues with HL stock price. HL has to keep its mine force employed and selling allied commodities obtained during PM mining.
Doubtful HL wants new inexperienced work force, having to be trained in mining, if it has to close and re-start mining operations. This is illogical use of capital in an economy, that needs steady and improving employment to grow.
A pleasant MD weekend to all
AI
