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China and Russia To Unite in a $400 Billion Gas and Oil Bear Hug

China, Russia To Unite in a $400 Billion Bear Hug

Two days ago, Mike Larson, over at Money and Markets asked whether China was an ally or an adversary. He also said the relationship between our two countries is increasingly devolving into an “Economic Cold War.”

Well, it sure looks like the picture is becoming clearer — and not in a good way. China is now embracing a sometime-adversary, Russia, in a massive bear hug … and it has huge implications for us as investors and Americans.

Just look at the news out yesterday. China and Russia inked a historic energy supply deal that could be worth $400 billion over the next 30 years.

We think that this is an important geopolitical trend, so we will follow as it develops and keep readers of survivagearhead.com posted.

The post China and Russia To Unite in a $400 Billion Gas and Oil Bear Hug appeared first on Survival Gearhead.