Member Info for alex1978uk

Https://www.themoscowtimes.com/2024/10/02/russia-to-accept-mandarins-instead-of-money-amid-payment-difficulties-a86543

looks like lses algorithm filtered out the **** part of ****stan 🇵🇰. no offence intended.

sanctions obviously not working:

https://www.businessinsider.com/russia-barter-****stan-mounting-sanctions-western-war-allies-international-trade-2024-10

Https://mining.com.au/rise-and-fall-iron-ores-rocky-ride-continues/

Reading this article Australia is set to export 937mt of iron ore by 2026. FXPO produced 12mt in 2021, with plans to increase production to 24mt. With links to the coast and into Europe you’d think FXPO will be an obvious takeover target for the bigger players. Especially with ambitions to join the EU. Probably why Putin wanted Ukraine and their natural resources for himself.

A slow down in China and the global economy will put downward pressure on oil prices especially if they are over producing. The Arabs could kill Russia (and the US) due to lower production costs.

Surely there must be some changes on the ground next year. Putin's insanity isn't doing anything for anyone. I think everyone is waiting on what happens in the US elections.

$50 a barrel is enough to make US shale and oil sands production unprofitable. Also low enough to put a dint in Putin's murder machine pot. An oil price war would be in everyone's interest, unless your an oil producer or murdering dictator. Low oil prices is more likely to make Putin recalculate than sanctions. Same as it did the Soviets during Afghanistan. If Putin had a brain he'd have made some effort to diversify his economy like the Arabs are doing.

Lol - Divorce

Https://gmk.center/en/news/australia-predicts-a-decline-in-ore-export-revenues-in-the-next-two-years/

Https://www.newsweek.com/saudi-arabia-ramp-oil-production-blow-putin-1959817

These low oil prices can’t be doing Vladimir much good either. The Chinese have been taking off him cheap for years, now they must want it cheap cheap. If not they’ll just get it from Saudi. Oil price now down over 20% compared with 2023 average. On top of that he’s completely screwed up his gas exports. What a w&£ker.

Oil prices slid last week on a report that Saudi Arabia, which is the de facto leader of OPEC, was preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output.

https://www.reuters.com/markets/commodities/oil-prices-rise-middle-east-supply-risks-israel-steps-up-attacks-2024-09-30/

He’s been filtered. Along with about 20 others Lemons that come on here. John mearsheimer lol

spot on troajan, japanese real estate was also massively over valued, losing 90% of its value in some cases. which coincided with peak, aging population. no country has ever achieved any significant economic growth with a falling population. so to think china will is naive.

this century is going to be defined by demographics and which countries can attract the most talent. putins done a great job of **** ing that up for russia. the west has opened up to immigration which is causing division but that’s the way it has to be.

More anti western rubbish Lemon. I don't put much faith in responsible state craft. In fact I've never heard of it.

useful idiot; a person who is easy to persuade to do, say, or believe things that help a particular group or another person politically: Communist insiders, following Lenin, described people who wanted to believe such fairy tales as "useful idiots".

Sounds about right Troajan. The question is how long can China keep subsiding the Steel Sector? They are still, I think, consuming around 75% of global sea born Iron ore imports.

https://www.reuters.com/markets/commodities/china-iron-ore-imports-likely-peak-demand-composition-shift-russell-2024-05-16/

The same as what happened to the Western world, government can't keep subsiding non profitable industries. The more I read about China the more I think they are screwed. Massively ageing population, 70% of household wealth is tied up in property, some of which is 90% over valued, ghost cities with no one living in them, they have more high speed railways that the rest of the world put together, most of which is not profitable, they have just increased the retirement age, by 2050 they're going to have 500million people over the age of 60 and a population shrinking by around 15million a year. But most importantly the average wage in China is now higher than it is in a lot of other South Asian courtiers, let alone India and Africa.

As the economists say 'China is going to get old before its rich enough to get old'. Probably why they've buying as much cheap oil as they can from the likes of Russia and Iran.

That POWER contributing his usual rubbish? Thought I saw some green. Just filter him.

2025 could be the year. End of hostilities and a rebound in Iron Ore prices. £4 - £5 a share by this time next year and I’ll be able to treat myself to a week in Skegness.

Https://gmk.center/en/news/steel-market-is-experiencing-the-longest-downturn-in-20-years-metinvest-ceo/

i think the share price rise is more to do with chinese stimulus and an increase in the price of iron ore.

https://www.mining.com/web/iron-ore-price-posts-steepest-daily-rise-in-over-1-year-on-fresh-china-stimulus/

i think a trump win is looking less and less likely. the man’s a **** wit. if the share price rise is anything to do with geopolitics, then imo, its to do with more talk about a peace treaty. of some sort.

What a man. He’s got more leadership qualities in his little finger than Putin has in his whole body. I’m not optimistic he’s going to get much more from the Yanks before the election though.

Q3 results week Monday, Oct 7th.