RE:RE:This is flying Think geopolitics...
US Sec. State Blinken was in China the past week with a warning to Xi Jinping and the Chinese, to:
1. Stop supporting Russia
2. Sell Ticktok
3. Stop flooding the market with respect to green energy tech
Since the Chinese Government will NOT do any of that, speculations is the US is looking to impose further sanctions on China, including its banks. So, if you put 2&2 together, we are looking at a global decoupling, and all that it entails, i.e. more competition for resources.
This also includes a move away from the USD, a move to secure comodities for nations which need them to fuel their future growth (i.e. China), and miitary build-up/arms race and associated infrastructure (perhaps another commodity supercycle?).
I suspect this is the most recent driver of copper, gold and energy prices broadly over the past 3-6 months. The big boys already know this, the public will find out soon enough.
Rumors are when Blinken landed in China he was met at the airport by the Deputy Mayor, and not his counterpart, the Minister of Foreign Affairs Wang Yi as diplomatic protocol usually dictates.
Like I said, think geo-politics and think globally. It is quite possible that we have several high intensity conflicts over the next 10 years, Eastern Europe, Mid East, South Pacific and Africa (French are being kicked out of the Sahel and Russia/Wagner are entering).
I dont think we are going into full blown WW3, but the future world order is being shaped in the next decade or so, and the major powers will be trying to secure resources for the new/future paradigm.
That is my interpretation.