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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles,... see more

TSXV:NGC - Post Discussion

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Post by tdsb on Oct 29, 2023 9:10pm

Sanctions

Sanctions are an interesting topic when The US sanctioned Russia after the beginning of the war in Ukraine The US thought it would weaken Russia and give The Americans an upper hand, but in fact the exact opposite happened. A resource based economy is real wealth in an era of massive money printing of fiat currency. It exposed the house of cards America has become.

In another situation where Iran has been sanctioned for years by The US, it hasn't stopped The Iranians from producing highly accurate and technologically advanced ballistic missiles because their government has sacrificed the standard of living of their middle class for armament production. 

China and Russia have joined forces with The Bric nations to dethrone the American dollar and take away their Reserve Currency status. China has a lot of strategic critical metals and the industry that once belonged to America. Russia has the energy and the natural resources.If The Bric nations decided to sanction America, they have the abilty to trade around the swift system and survive, and avoid US sanctions. America no longer has the capabilty to survive sanctions implemented by The Bric's in a trade war. The chess game has changed, America now needs to co-operate and negotiate, rather than to dictate and strike.The World is now in a different position because America's weakness has been disclosed. It didn't happen overnite but the debt based system of The West has destroyed their empire. CHEERS!
Comment by 1student on Oct 30, 2023 12:14am
Tdsb, Indeed sanctions as part of a war waged on Russia is precisely what is directly facing China going forward; and don't think for a nanosecond that Chinese leadership was not long ago well prepared (in fact long before China entered the WTO) for the days when the U.S. and it's Western world member state accomplices would escalate their actions globally in attempting to weaken and then ...more  
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