China to Seize Control of Spratly Islands.
Move Could Ultimately Spell $250 Oil.
Larry Edelson here, and I just published the August edition of my Real Wealth Report. You’ll want to see it, because it could help you prepare to profit from the coming wild moves in the price of oil.
It will also shed some light on one of the real problems facing the oil market. It’s not OPEC. It’s not Iran. It’s none other than ... China.
Everyone knows by now that China continues to scoop up energy resources all over the world.
To the north of us in Canada ... to the south in Latin America ... to the Middle East ... to Russia, and more — China is securing oil supplies like never before.
But Beijing is also now flashing its military muscle in a region of the world that almost no one knows about — yet that region contains as much as 100 billion barrels of oil and, more importantly, is home to almost 50% of the world’s shipping traffic ...
Making it far more important to world trade and energy than the Hormuz Strait in the Persian Gulf.
Beijing has already sent troops to the region, which is claimed by Vietnam, the Philippines, Malaysia and other Southeast Asian countries. But China wants the oil and shipping routes, so it’s setting up military garrisons there and preparing for war.
Washington has been critical of China’s aggressive moves in the South China Sea. But Washington is not going to do anything about it. If war breaks out and China seizes control of the oil resources and the shipping lines ...
Washington will do nothing more than complain. Because, in reality, other than the usual political rhetoric, Washington is not about to aggressively stand up to Beijing in any way, shape or form.
Don’t get me wrong. If push comes to shove in the South China Sea, we should not get militarily involved. We have enough problems.
But that’s also why Washington won’t ever get involved. Because very simply put, Washington needs Beijing so much that it will never take any steps that would really tick off Beijing.
Quite to the contrary, behind the scenes, Washington is in bed with China’s leaders. The two need each other to “rebalance the global economy” — which is the phrase you hear so often from many in Washington, including our Treasury Secretary Timothy Geithner.
But “rebalancing the global economy” is merely code speak for devaluing the U.S. dollar with China’s help, by pushing the value of the Chinese currency higher.
It’s all part of the “covert grand bargain” Washington has made with China’s leadership.
If you want to know more about this covert grand bargain between Washington and Beijing, then do yourself a favor and take the time to see the free video I filmed on the doorstep of the Shanghai Financial Center.
The video exposes the truth on how Washington and Beijing are actually working together to create an economic mega-shift that will dramatically impact your wealth.
It’s all laid out for you in my special video and it includes the steps you must take to immediately start protecting and growing your wealth as China rises to the top, with Washington’s help.
To view the video, simply turn up your computer speakers and click this link; the video will begin playing immediately. The video costs nothing to watch.
I repeat: Click here now.