2020 Collapse
- Thread starter TreasureHunter
- Start date
https://www.thetimes.co.uk/article/...red-nuclear-weapons-says-shinzo-abe-mqztd0tfx
I'm quite sure Japan is looking at this for a long time. Now is a good excuse.
I'm quite sure Japan is looking at this for a long time. Now is a good excuse.
Time for Germany to bite the bullet. The Europeans had it too good. Time for a bit of suffering before it's too late.
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Ive always heard the biggest national sport in Europe is drinking. Sounds like a big party over there and i wasnt invited!
https://www.bullionstar.com/blogs/r...tern-sanctions-show-up-russian-gold-refiners/
LBMA, LPPM, Platinum and Palladium
Note too that the LBMA also administers the London Platinum and Palladium Market (LPPM), and there are two Russian refineries on both the current LPPM Good Delivery List for Platinum and the LPPM Good Delivery List for Palladium, namely “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” and the “Prioksky Plant of Non-Ferrous Metals” (a.k.a. Krastsvetmet and Prioksky).
The CME Group which runs COMEX should also take notice, since after the CME mass approved 267 LBMA Gold and Silver refineries in August 2020 and added them to its COMEX accepted refiner list, the bars of every Russian precious metal refiner mentioned in this article are now approved for trading on COMEX. See “LBMA-COMEX collusion intensifies as CME approves 267 LBMA gold and silver bar brands" for details.
Conclusion
Events are running rapidly, and the coming week will be crucial to see how Russia and the Bank of Russia reacts to the SWIFT exclusions, and how the Bank of Russia will leverage its monetary gold reserves. Will Russia now accept gold for oil. What role will China play in all of this? Is the demise of the US dollar as world reserve currency at hand? Is the demise of the London fractional reserve paper trading gold system at hand?
In light of all of these new US – EU – UK sanctions against Russian banks, Russian state owned and strategic private Russian companies, and Russian oligarchs, I would say the LBMA has a major headache on its hands in the coming week as regards the LBMA Russian refineries.
But don’t worry, because, according to Reuters in May 2018, LBMA CEO Ruth Crowell said that “due diligence in regard to the credibility of the lists is continuously reviewed on an ongoing basis”.
Why did the LBMA issue an empty statement on 24 February titled “Sanctions: Timely Reminder” which didn’t even mention the word Russia, didn’t mention that VTB and Otkritie are no longer LBMA members, and didn’t mention any of the 6 LBMA Russian Good Delivery refiners? Because I looked up all of that information about these Russian refineries in less than an hour and matched it against the US – UK – EU sanctions, and if I can do that, so can the LBMA. But perhaps the LBMA is too busy organising conferences.
LBMA, LPPM, Platinum and Palladium
Note too that the LBMA also administers the London Platinum and Palladium Market (LPPM), and there are two Russian refineries on both the current LPPM Good Delivery List for Platinum and the LPPM Good Delivery List for Palladium, namely “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” and the “Prioksky Plant of Non-Ferrous Metals” (a.k.a. Krastsvetmet and Prioksky).
The CME Group which runs COMEX should also take notice, since after the CME mass approved 267 LBMA Gold and Silver refineries in August 2020 and added them to its COMEX accepted refiner list, the bars of every Russian precious metal refiner mentioned in this article are now approved for trading on COMEX. See “LBMA-COMEX collusion intensifies as CME approves 267 LBMA gold and silver bar brands" for details.
Conclusion
Events are running rapidly, and the coming week will be crucial to see how Russia and the Bank of Russia reacts to the SWIFT exclusions, and how the Bank of Russia will leverage its monetary gold reserves. Will Russia now accept gold for oil. What role will China play in all of this? Is the demise of the US dollar as world reserve currency at hand? Is the demise of the London fractional reserve paper trading gold system at hand?
In light of all of these new US – EU – UK sanctions against Russian banks, Russian state owned and strategic private Russian companies, and Russian oligarchs, I would say the LBMA has a major headache on its hands in the coming week as regards the LBMA Russian refineries.
But don’t worry, because, according to Reuters in May 2018, LBMA CEO Ruth Crowell said that “due diligence in regard to the credibility of the lists is continuously reviewed on an ongoing basis”.
Why did the LBMA issue an empty statement on 24 February titled “Sanctions: Timely Reminder” which didn’t even mention the word Russia, didn’t mention that VTB and Otkritie are no longer LBMA members, and didn’t mention any of the 6 LBMA Russian Good Delivery refiners? Because I looked up all of that information about these Russian refineries in less than an hour and matched it against the US – UK – EU sanctions, and if I can do that, so can the LBMA. But perhaps the LBMA is too busy organising conferences.
Just to give an idea how little Germans work - https://en.wikipedia.org/wiki/List_of_countries_by_average_annual_labor_hours
If gas is expensive, work more hours. You'll use less gas if you are working.
Surely there must be ways to reduce gas usage? I know that Chinese peasants use heated beds.
If gas is expensive, work more hours. You'll use less gas if you are working.
Surely there must be ways to reduce gas usage? I know that Chinese peasants use heated beds.
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TreasureHunter
Well-Known Member
"Cancel culture" has eroded the traditional values and there's a strong deviant decadence being felt everywhere.
The world feels more rotten than 20 years ago and I keep hearing the same thing from older generations.
There is moral code and ethics in the western system - at least, there used to be.
Just that nowadays politics is more disgusting than ever, movies are dumber and more violent than ever, people have a brainwashed "social media" behavior, the press has turned into a series of blogs, music is so commercial, insults are more cutting than ever before,... "anything goes". And this is very worrying.
That's not to say we should be pure Zen monks or catholic clerics... but still...
TreasureHunter
Well-Known Member
always got out bid, Palladium bars, diamonds and gas supply for life...
remember there is always Cuban cigar
You are right
I can already see more Ruskies signing up for the army in order to surrender in Ukraine for a bunch of money.5 million Roubles is 43 k USD. Is that correct?
That's 1 Bitcoin per Rusky. Not little.
I think Satoshi Nakamoto is either Ukrainian or works for the CIA. And has just started to give away his coins.
So, it's not worth for the Ukrainians to defend their country, because they are not paid for it
The Russians are getting paid for surrendering 
My values aren't being eroded, though I've had to adapt to changes I have no power over eg welcome to country rituals. But then I left conservatism behind some 40 years ago. Plenty of my mates were just as deviant then as some are today. Though I've never been a fan of relying on anecdotal evidence so it could all be just a part of my imagination.
And it's not just the right that yearn for the old ways, some on the left also, Neil Postman comes to mind. Luddites.
Boomers that are incapable of moving with the times. There's a whole social media platform dedicated to old white people whining about what's happening with the world. Do an online search for Facebook.
CXO just signed a binding agreement with Tesla.
I am not invested it in but Lithium sector with few years outlook is great
An interesting take on what one party (with their own vested interests) sees in their crystal ball. https://www.silverdoctors.com/gold/...d-countries-with-fascist-leaders-like-canada/
This is the exactly what a post-American world police multipolar world looks like, major economic powers will be armed to the teeth. Japan next.
Germany and Japan will fill in the power vacuum.
This sounds better than *insert leader/dictator name here* filling power vacuums. The decentralisation of power should be celebrated. And a country that fulfils a power vacuum on the merit of their economy quite frankly deserves it. We might not be perfect yet (the EU is a good example of pseudo-decentralised but not yet democratised power).
https://bariweiss.substack.com/p/the-wests-green-delusions-empowered
"
Putin knows that Europe produces 3.6 million barrels of oil a day but uses 15 million barrels of oil a day. Putin knows that Europe produces 230 billion cubic meters of natural gas a year but uses 560 billion cubic meters. He knows that Europe uses 950 million tons of coal a year but produces half that.
The former KGB agent knows Russia produces 11 million barrels of oil per day but only uses 3.4 million. He knows Russia now produces over 700 billion cubic meters of gas a year but only uses around 400 billion. Russia mines 800 million tons of coal each year but uses 300.
That’s how Russia ends up supplying about 20 percent of Europe’s oil, 40 percent of its gas, and 20 percent of its coal.
The math is simple. A child could do it.
The reason Europe didn’t have a muscular deterrent threat to prevent Russian aggression—and in fact prevented the U.S. from getting allies to do more—is that it needs Putin’s oil and gas.
"
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Russian companies, such as Gazprom, have been paying European environmental NGOs to lobby politicians to abandon nuclear power. There's evidence this has happened at least in Belgium, probably in other EU countries as well. E.g., Greenpeace is selling Russian gas under "Green Planet Energy" in Germany.
https://twitter.com/ziontree/status/1497998920739274757
"
Putin knows that Europe produces 3.6 million barrels of oil a day but uses 15 million barrels of oil a day. Putin knows that Europe produces 230 billion cubic meters of natural gas a year but uses 560 billion cubic meters. He knows that Europe uses 950 million tons of coal a year but produces half that.
The former KGB agent knows Russia produces 11 million barrels of oil per day but only uses 3.4 million. He knows Russia now produces over 700 billion cubic meters of gas a year but only uses around 400 billion. Russia mines 800 million tons of coal each year but uses 300.
That’s how Russia ends up supplying about 20 percent of Europe’s oil, 40 percent of its gas, and 20 percent of its coal.
The math is simple. A child could do it.
The reason Europe didn’t have a muscular deterrent threat to prevent Russian aggression—and in fact prevented the U.S. from getting allies to do more—is that it needs Putin’s oil and gas.
"
--
Russian companies, such as Gazprom, have been paying European environmental NGOs to lobby politicians to abandon nuclear power. There's evidence this has happened at least in Belgium, probably in other EU countries as well. E.g., Greenpeace is selling Russian gas under "Green Planet Energy" in Germany.
https://twitter.com/ziontree/status/1497998920739274757
From the article:
Egon Von Greyez said:
The US is not bankrupt and can never be bankrupt as it can always pay its debts.
This is true, but if someone threatens to kill you, do you still think about buying from him? Never continue an abusive relationship, break it, whatever the cost. This is true on the personal level and also true on a country level.
Hudson remarked how he is “simply numbed over the near-atomic escalation of the US.” On the confiscation of Russian foreign reserves and cut-off from SWIFT, the main point is “it will take some time for Russia to put in a new system, with China. The result will end dollarization for good, as countries threatened with ‘democracy’ or displaying diplomatic independence will be afraid to use US banks.”
https://www.zerohedge.com/geopoliti...w-russia-will-bypass-western-economic-warfare
https://www.zerohedge.com/geopoliti...w-russia-will-bypass-western-economic-warfare