Quote of the Week/Commentary:
US shenanigans in Eastern Europe and the East China Sea—fomenting so-called colored revolutions in Ukraine and Georgia (both on Russia’s periphery) and egging on China’s neighbors to make aggressive territorial claims—have pushed the Russian bear and Chinese dragon together. In May, the two uneasy neighbors reached a de facto alliance represented by a 20-year, $400 billion deal for Russia to supply China with natural gas.
A Russia/China alliance shifts the Earth’s geopolitical axis. Historians may look back at the energy deal as the moment the post-Cold War era and the US’s singular position came to an end. The Russia/China team is now a consequential economic and military counterweight to the US. It will operate as an attractant for every country and every faction that for any reason resents the US’s giant footprint in world affairs.
The two organizations add up to exactly what Zbigniew Brzezinski and other American geostrategists feared the most—the emergence of a power bloc in Eurasia that could stand up to the West.. Nick Giambruno/International Man
Headlines and Links of Interest (The headline is the hyperlink):
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The November issue of The Morgan Report is now available. In this month's Editorial, David Morgan takes a look at the recently-concluded Silver Summit Conference in Spokane, WA, as well as the upcoming Swiss vote (Nov 30) on whether or not to “bring back the gold” in order to 20% backstop the Swiss Franc. He also offers his considered opinion regarding a popular Chinese gold coin which offers not only “bling” but potentially some extra “zing” in the profit department, as well as a tidbit regarding a company working on “a (new) developing technology that could make a significant difference in the exploration world.”
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See how to use “Triage” to maintain and build your portfolio during severe downturns, so that you can “keep the survivors” in play for when the next bull market up leg gets going. We also discuss how a study of key reversal technical analysis can help spot a potential sector bottom – then if it turns out to be a false signal, how to play it on a limited risk-reward basis.
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