Russia-China Oil Pipeline
Starting Nov 1, the new Russian oil pipeline will start feeding China. Watch this. Russia is currently the second leading petroleum exporter, feeding much of the energy needs of Europe. Well, they're about to become the "Saudi Arabia" of China. Hell, they might even teach the Chinese how to drill for oil from below fossil level, just like they they did for the Vietnamese some years ago.
So, yes. Less petroleum for Europe. More for China.
This whole war in Afghanistan is largely contrived to prevent China from building an oil pipeline from Iran. The disturbance in Myanmar some time ago prevented China from building a pipeline through there. WW1 was, among other reasons, contrived to prevent Germany from building a "Baghdad to Berlin" oil railway. The Chinese presently have to go from the Middle East all the way around SE Asia by sea. Guess who controls those shipping lanes.
Anyway, this is huge. This could shift the strategic balance of power worldwide. China is the economic powerhouse of the new century. All they need is "energy." By which we mean, PETROLEUM. Black gold. Texas tea.
So IMO, things could be getting "interesting" relatively soon.
PREDICTIONS:
1: Within the next 9 months, oil will go up over $150 to $200 per barrel.
2: Gasoline will be $4-$5 gallon by spring. Maybe the summer if we're lucky enough to put if off that long.
3: There will be a "Middle East crisis" this winter. Could be war with Iran, not sure.
The sales of oil from Russia to China are not denominated in US dollars. China and the US are in a burgeoning currency war. They are dumping US dollar denominated assets generally and diplomats between the two countries are already slapfighting like little bitches. They are of course, financing our economy by "lending" us billions of dollars per day.
The Federal Reserve powers want to repudiate our foreign debt with China by printing money out of nothing. However, China has pegged the Yuan to the dollar. So the Yuan is not appreciating relative to the dollar. They actually want something in exchange for all of their loans and investments. LOL. Fools!
The standard of living in America is going to continue collapsing regardless, but the oligarchical alignments are forming for WW3. Interesting times!
Driving the relationship now is Russia's desire to divert more of its energy exports away from Europe, its traditional market, and into China and other fast-growing Asian economies. Beijing wants to improve its energy security by diversifying sources and supply routes.
Buy commodities! Get out of stocks! (And bonds, please.)