Snapshot Summary
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. US encircling, suffocating Iran.
. Cutting off all its allies and resources.
. Have to make sure Russia is on its side
. Or at least stand aside when push comes to shove between US & Iran.
. N.Korea will be taken care of by China.
. Russia loses lucrative Arms business.
. It already stops supplying to Iran and Libya
. Now US wants it to stop supplying to Syria.
. To make up for it, US is helping to Russia to diversify it's business interests
. Out of Arms, Oil & gas...,namely Arms....with oil & gas as the pretext.
. US pharma is in Russia, including bio-tech.
. Russia has even set up a sovereign fund headed by ex-Goldman chief which really
. Is the broker of Central Banks world wide.
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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