Why China Will Continue To Support Russia

What is going to happen next? [image] [image] A long time friend of mine, who has worked in Russia and worked with Russian company, asked me the following questions: "Will China stop supporting Russia." I told him that I felt that China would keep their mouth shut and say nothing publicly. But, behind the scenes, they continue to cooperate with Russia and, in particular, buy Russian raw materials. The chart above, from the Financial Times, shows four lines. The two upper lines represent the price of Brent crude oil and the oil from the United Arab Emirates. The lower two lines show the price of oil from two locations in Russia. Let me translate this chart into plain English: [Click here for information on the best weekly video newsletter the Wall Street Winner!]( Russia is selling oil to China at a significant discount. I don't know for a fact but I would imagine that Russian metals are being sold at similar discounts to oil. So my quick answer is that China needs those minerals and Russia is the cheapest supplier in the world right now so of course China will take advantage of that discount. In addition, they can do the transactions without using US dollars. This avoids the sanctions and reduces the value of the US dollar. Bot of these factors are arguing for the two countries to increase trade rather than reduce it. One Simple Formula To Change Your Trading...Dramatically We just added a new lesson in the Wealthbuilder Insider all about Expected Value (EV). EV is simply calculating what you expect to happen in this particular trade over the long run. Virtually nobody uses this powerful tool Mostly because they have never heard of it and secondly because they don't know how to do it. But it can radically change your trading profits! Oh, and some people are afraid of the match. So I created a spread sheet so you don't have to do the math at all! Super simple. This is just the latest lesson in the incredible WealthbuilderInsicer.com membership program. [Click here to learn more now!]( But this also brings up the situation in China. I am a major bear on China. I have an investment theme called the Twilight of China. I am bearish because: - Increasing authoritarianism reducing economic wealth - Increasing state takeover of the economy leading to more inefficiency and corruption - Shrinking working age population - One of the oldest populations on Earth taking assets away from increasing production and wealth and into caring for elderly - Increasing social tensions leading to riots and potentially regime change With all these pressures on China, they will do everything they can to acquire more raw materials at a discount! Of course, to see my exact trades that I’m doing, you should check out the Wall Street Winners where I reveal my own personal trades. Look over my shoulder! It’s like having a hedge fund trader. [Click here to learn more.](=) Good trading, Courtney Smith [OWNx.com]( Words To Live By "...by speculation. It’s just like the old adage: ‘What the wise man does in the beginning, the fool does in the end.’” By all measures of the data, the fools had piled in.”[Danielle DiMartino Booth in her excellent book "Fed Up"]() We are in the foolish stage now after being turbo charged by an insanely easy Fed policy then supercharged by even more insane fiscal policy by the current and last administrations. Too easy money leads to speculative excesses and we are seeing that now. Where to get more Courtney! Youtube: [Freebee Wall Street Winners](=) Podcast: [The Courtney Smith Show]() Substack: [courtneysmith.substack.com](=) Medium: [Courtney Smith – Medium]() [Profile Image] COURTNEY SMITH WealthBuilder LLC Work (702) 761-6837 | Text Message (702) 718-8588 Support@WealthBuilderLLC.com CourtneySmith.com Share The Love If you like Trade Secrets, then please pass it on to your nearest and dearest so they can [sign up]() too. If you believe in the power of good journalism, make it something you subscribe to. Sharing is caring. [image] 1. Get your Option Strategy Guide and 7 Option Top Trading Tactics.[Click here]() 2. Health is very important at this time. Ian Cooper has a new report and LIVE trade sheet to learn which are the BEST Health care, Pharma, Biotech, Insurance Companies.[Click here]() [image](=) [Unsubscribe]( Wealthbuilder LLC 6671 Las Vegas Blvd South 210 Las Vegas, Nevada 89119 United States (702) 722-4584