Shifts of Power and wealth15 Jan 2024 08:32
I posted re the merits of AIM vs US for company listing.
My other concern is the shifting of the world order. The world is in the most dangerous place of my life right now, and I have seen too many decades for my liking!
Concerns are based on the line that seems to be forming from Russia Ukraine, down to Israel Gaza with pent up anger in Syria and Iran and into Turkey, now affecting the Red Sea. Pictures of Putin with the Ayatollah of Iran and the oil rich Prince in Saudi Arabia. The oil controlled to the East of this line holds the West to ransom and they talk of a small spike due to the Houthi attacks. Yemen is now being dragged in and the weapons come from China. The trade route is being threatened.
Most western democracies have become so liberal and weak, they are in a mess. US President and future President looks hopeless, UK government is going to collapse and a new dawn is starting on their streets with real problems that stretch across europe too, where the EU are also in a mess politically and can not seem to defend Europe by supporting the Ukraine properly.
Then we have our huge potential lovely investment in MATD, a nice AIM listed IOM based oil company courting the corridors of power in Mongolia with huge sizeable reserves of black gold. As I have stated about a year ago, Mongolia is sandwiched between China and Russia who both seem complicit in ensuring the balance of power shifts from the West to the Saudis, Russians and Chinese and quietly including India. China has agreed with the Saudis to price oil in Chinese Renminbi(RMB) which they fear will undermine the US$ a bit more. This is a first and a huge thing.
All of this leads to a lot of head winds with our investment potentially behind enemy lines and looking very very vulnerable.
I am not seeking to be a suicidal doom monger, but this is all happening and nothing I have stated is factually false. There are dots and if they link together and hold, we could be in a bad way here!
Thoughts anyone?