War In Taiwan

Discussion in 'News, Current Events, and Politics' started by poltiregist, Jun 11, 2022.

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  1. poltiregist

    poltiregist Legendary Survivalist
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  2. poltiregist

    poltiregist Legendary Survivalist
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    Where does Taiwan stand in relation to NATO ?
     
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  3. lonewolf

    lonewolf Societal Collapse Survivalist. Staff Member
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    its not a member as far as I know.
     
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  4. TMT Tactical

    TMT Tactical The Great Lizard ! Staff Member
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    A country has to be recognized as an independent nation to even be considered for NATO membership. Taiwan is not officially accepted as an independent nation by most of the world. Too afraid of offending China.
     
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  5. Old Geezer

    Old Geezer Legendary Survivalist
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    America has no commander in chief. Current puppet administration is not willing to defend much of anything or anyone. Military units being denied needed resources. Nation being denied fuel. World-wide food and fertilizer shortages. We are witnessing the perfect storm. We will now see all of the animosities across this planet flare-up, even turn into wars.

    Russia vs. Ukraine -- war is happening now

    Iran vs. Israel / Israel vs. Iran -- very likely to happen

    China vs. Taiwan -- coming-up / likely to happen

    China claiming the South China sea -- already seen China opening fire on Philippine ships; could go hot with Vietnam

    North Korea vs. South Korea -- coming-up

    China vs. India -- getting hotter

    India vs. Pakistan (both have nukes) -- who knows ??????????????

    Russia vs. U.S. -- Who owns the oil in the arctic region?

    ... I'm sure I've missed a few more.
    .
     
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  6. TexDanm

    TexDanm Shadow Dancer
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    For many years Taiwan was called "The Republic of China"
     
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  7. Old Geezer

    Old Geezer Legendary Survivalist
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    .
    "What a China-Taiwan Conflict Could Mean for Semiconductors, Gold"

    https://schiffgold.com/key-gold-new...-conflict-could-mean-for-semiconductors-gold/

    Begin quote

    American-made weapons will soon be bound for Taiwan, American lawmakers are telling Taiwanese President Lai Ching-te, sending shockwaves of uncertainty through electronics and metals markets this week.

    “China will surely be reunified,” Chinese President Xi Jinping said in his New Year’s address. “Compatriots on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation.”

    Michael McCaul, U.S. House Foreign Affairs Chairman, told Fox that the recent Chinese demonstrations are the most “provocative” yet. If China attacked Taiwan, McCaul predicted during his visit to the region, “it would make Iran shooting into Israel look like child’s play.”

    “I think right now, we will probably lose,” he said.

    One likely victim of such a conflict would be Taiwan’s semiconductor industry, which holds about 70% of the world market share. Total industry value is expected to set a record this year at $630 billion—but that could change if China invades Taiwan and, as McCaul warns, “the island doesn’t have the capacity to defend itself” or its industry.

    “Everybody that has phones, cars—we have advanced weapons systems—everything’s dependent on semiconductors and this island, over time, because we’ve offshored [manufacturing],” McCaul told Fox News Digital. “And the shutdown of what’s happening [in Taiwan], semiconductors, would really shut down the world.”

    Changes in the market for semiconductors mean changes in the market for many base metals, including silicon, germanium, and gallium, all of which are critical components for semiconductor manufacturing. Gold is also a key component of the production process because of its anti-tarnishing properties.

    Such a drop in semiconductor production might initially appear to signal a decrease in demand for component metals, like gold. That seems to be the market’s immediate intuition, as shown by mildly ebbing gold prices following the Chinese drills—but a major complicating factor is quickly becoming apparent. China, already one of the world’s largest gold consumers, is busy buying up the precious metal at record rates. The country’s aggressions toward Taiwan will likely continue to drive precious metal prices upward, signaling a second precious metals boom when coupled with the rising market uncertainty and inflation that inevitably follow conflict.

    “China is unquestionably driving the price of gold,” Ross Norman, chief executive of MetalsDaily.com, told the New York Times. “The flow of gold to China has gone from solid to an absolute torrent.”

    Some experts suggest the move to amass precious metal stores could signal preparation for larger Chinese military involvement in Taiwan and increasing avoidance of ties with the U.S. dollar, which may be sanctioned in response to Chinese aggression. In short: China is betting on gold, not the dollar.


    End quote
     
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    1. TMT Tactical
      I don't think it is the Chinese government that is buy all the gold. I think it is the Chinese citizens that have little or no faith in the Chinese currency. Gold is the citizens hedge against the failing Chinese economy.
       
      TMT Tactical, Jun 3, 2024
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