Inflation

[Belli]

Unless an LIC is a substantial holder in a bank (doubtful) then investors will only know if the LIC has bought or sold a portion twice a year via the half-year and full-year reports. Relying on NTA announcements is fraught with difficulty as all they show is percentage changes month to month in the Top 20 or 25 holdings. They do not show whether there have been purchases or not. External market activity can change that percentage without the LIC actually doing anything.

 

[over9k]

HMMMMMM

 

[waterbottle]

View attachment 145441

HMMMMMM

Saudis extra bullish. A whole decade? Dayum

 

[over9k]

 

[over9k]

doubt.jpg

Looking like I might be topping up a bit more tonight.

 

[over9k]

Saudis extra bullish. A whole decade? Dayum

PLANS TO EXPAND CAPACITY

 

[waterbottle]

View attachment 145463

PLANS TO EXPAND CAPACITY

Crazy.

They must think the EU and US initiatives to move away from ICEs are hocus pocus...

Or they're a one trick pony...

 

[divs4ever]

View attachment 145462

doubt.jpg

Looking like I might be topping up a bit more tonight.

Iran will supply to whom ??

they are already selling to China and India ( and trading outside of the Petrodollar )

chances are Iran won't sell much to anyone who honors US sanctions

if the Saudis won't up production , there is even less chance Iran will ( and send it West .. where funds could be seized at any moment )

 

[over9k]

Iran will supply to whom ??

they are already selling to China and India ( and trading outside of the Petrodollar )

chances are Iran won't sell much to anyone who honors US sanctions

if the Saudis won't up production , there is even less chance Iran will ( and send it West .. where funds could be seized at any moment )

I'm betting it's india

 

[divs4ever]

yes that would make a lot of sense even if it was direct goods swap ( no currency changes hands )

 

[over9k]

Aka "China is f**ked".

 

[Smurf1976]

Iran will supply to whom ??

Ultimately they’ve got somewhere circa 1.3 million bpd sitting idle give or take a bit.

That’s a large portion of global spare capacity as per my previous post.

Someone somewhere will buy it almost certainly. Doesn’t matter who so long as it’s going somewhere. China perhaps?

 

[divs4ever]

more likely China is exactly where it desires to be .. stuffing certain vocal supporters of Taiwan .

certain other places are looking at soaring official rates and/or the mother of all debt panics

it the era of MMT only external debt counts the local nation can print as much as it likes

 

[waterbottle]

View attachment 145465

Aka "China is f**ked".

Interesting.

China is also dealing with collapsing home sales. There re youtube videos of mortgagors refusing to payback loans as developers collapse and aren't delivering on homes.

Convenient that the Taiwan problem has begun to escalate...

 

[divs4ever]

Ultimately they’ve got somewhere circa 1.3 million bpd sitting idle give or take a bit.

That’s a large portion of global spare capacity as per my previous post.

Someone somewhere will buy it almost certainly. Doesn’t matter who so long as it’s going somewhere. China perhaps?

China and India would make a lot of sense , am not sure they would help out Sri Lanka ( can't remember if Sri Lanka still has fuel refineries ) if Afghanistan had fuel refineries they would make an interesting destination .

lots of room for development in Afghanistan .. would help to ease past tensions as well

 

[divs4ever]

Interesting.

China is also dealing with collapsing home sales. There re youtube videos of mortgagors refusing to payback loans as developers collapse and aren't delivering on homes.

Convenient that the Taiwan problem has begun to escalate...

yes a lot of events happening at 'convenient times '

 

[over9k]

Interesting.

China is also dealing with collapsing home sales. There re youtube videos of mortgagors refusing to payback loans as developers collapse and aren't delivering on homes.

Convenient that the Taiwan problem has begun to escalate...

This trainwreck has been coming for quite a while. People laughed at me when I pointed this out but china's demographics tells you everything you need to know really.

 

[divs4ever]

This trainwreck has been coming for quite a while. People laughed at me when I pointed this out but china's demographics tells you everything you need to know really.

yes the one-child policy , was certainly a bold initiative , especially in hindsight as we watch the consequences after that policy was relaxed ( not many families stepped up to embrace the two-child policy ) , and record-keeping on 'families ' is currently a mess ( as children were secretly adopted out )

and of course it also create a massive gender imbalance

it may yet be the CCP's largest blunder to date

 

[qldfrog]

yes the one-child policy , was certainly a bold initiative , especially in hindsight as we watch the consequences after that policy was relaxed ( not many families stepped up to embrace the two-child policy ) , and record-keeping on 'families ' is currently a mess ( as children were secretly adopted out )

and of course it also create a massive gender imbalance

it may yet be the CCP's largest blunder to date

Wo it, china would still be starving.
By creating a 1 child policy, it also meant families were investing a lot into the only child so instead of 2 y11 graduates, you got a 1 university graduate.
It also raised the type of goods consummed from basics to higher level domestic consumption, and so allowed China's economy to detach itself from export only focus.
Most are unaware in the west, but we will discover after the fact that whatever we trumpet, we aka the west need China more than China needs us.
Ukraine repeat..and seeing how we learnt ftom past errors, not agood time to be, among others, Taiwanese...
My opinion..just compare the average Indian vs average Chinese.

 

[qldfrog]

Wo it, china would still be starving.
By creating a 1 child policy, it also meant families were investing a lot into the only child so instead of 2 y11 graduates, you got a 1 university graduate.
It also raised the type of goods consummed from basics to higher level domestic consumption, and so allowed China's economy to detach itself from export only focus.
Most are unaware in the west, but we will discover after the fact that whatever we trumpet, we aka the west need China more than China needs us.
Ukraine repeat..and seeing how we learnt ftom past errors, not agood time to be, among others, Taiwanese...
My opinion..just compare the average Indian vs average Chinese.

funnily, China Reserve bank reduced rates today!!

Bloomberg - Are you a robot?