One Belt One Road and Its Impact On Resources

November 3, 2017

Today Doc and I take another look at the One Belt One Road infrastructure build out from China. As the project is progressing we assess the impacts that it should have on resources. We also consider where the money will come from to complete the build out and if this could help China further dethrone the US as the world power.

To wrap up the interview we recap the moves we are seeing in the metals and metals stocks today.

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    Nov 03, 2017 03:01 PM

    “Not breaking down” tell that to some of the silver stocks. Many are already close to their 2016 lows. I think silver itself is going to crash soon too. It’s hanging by the barest of threads on the weekly chart and the COTs the last few weeks have been wildly bearish (commercials actually increased shorts as price dropped).

    I totally agree with doc, the miners are going to be under severe pressure until spring of 2018.

    Nov 03, 2017 03:17 PM

    I must say, you got a good handle on global economics.
    With president Trump going to Asia this week, one might think he could be negotiating some trade deals. And he just might sign on to the one belt one road and AIIB deals..? One thing for sure, he won’t leave America hung out to dry like the rest of the last 4 yoyo’s..

    Nov 03, 2017 03:52 PM

    The trouble with the One Belt One Road infrastructure is that China doesn’t have the future that Cory and Doc envision. Artificial Intelligence is taking over so fast that the wealth in the future will be situated in pockets where the technology is in the forefront. China will not be the consumer society that American was in the last century. Cory and Doc are outdated in their thinking. Consumerism is dead, the cheap labor jobs won’t be there and China must compete with the rest of the World, they have lost their edge. In fact they don’t see the future which means fewer jobs for humans as the machines are already in charge. Humans need resources because they must live in a world where they can eat and shelter themselves. Machines do not, and like hawking say’s we are morphing into a machine based species that is changing so fast that countries like China with huge human populations will not be able to exploit The One Belt One Road infrastructure.

      Nov 03, 2017 03:42 PM

      Lucky for China is are graduating 40 times more computer scientists and engineers than the U.S. Doc and Corey are right, those folks is Asia will need a fridge, stove, electricity and infrastructure to move through; even in an an AI dominated world. The real question will be how with the wealth be distributed to keep the pace.

        Nov 03, 2017 03:45 PM

        Sorry poor typing on this phone…..I meant ” Luckily, China is graduating 2 times more ….

    Nov 03, 2017 03:17 PM

    I just don’t understand how China, with a massive debt load, can carry this out.