Editor: Johnathan Meyers | Tactical Investor
Random Thoughts before the Main Article
Individuals have been lead to believe that to succeed in the markets they should embrace mechanical systems (Technical analysis) or fundamental analysis. If the premise is wrong then no matter how hard you look, you will not find an answer. (Mainstream) Technical analysis is based on a fixed set of rules and in that sense does not differ much from the Fundamental analysis. Why both Technical Analysis & Fundamentals fail
US & Russia on Collision Course competing for European Gas Market; maybe
Visiting Poland this week, U.S. President Donald Trump pledged to boost exports of American liquefied natural gas (LNG) to Central Europe and take on Russia’s stranglehold on energy supplies.
“America stands ready to help Poland and other European nations diversify their energy supplies so that you can never be held hostage to a single supplier,” Trump told reporters after talks with his Polish counterpart Thursday.
Up to now, that supplier has been Russia. It supplied around a third of Europe’s gas demand in 2016, with an even greater share in many of the former Soviet states in Central and Eastern Europe.
“It’s a key pillar of Russian foreign policy: of using gas and energy as a means of asserting dominance over Central Europe,” said Marek Matraszek, founder of the lobby firm CEC Government Relations, who played a major role in the Polish government’s acquisition of U.S.-built F-16 fighter planes.
“If this new source of gas supplies is moved forward and the infrastructure built, it may cause Russia to change its approach. The Polish government is probably counting on it. Russia may change its politics towards Poland regarding energy,” Malecki told VOA in an interview this week.
“If we want to have United States’ LNG supplies in Central Europe, we also want to see the United States getting tough on Nord Stream 2, which means getting tough on Russia,” Matraszek said.
“It’s hard to hide the fact that these two projects compete with each other. The odds are that there will be a clash of these energy giants in Europe,” he said. Full Story
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