Friday, February 15, 2019

Russia and China Planning Massive Infrastructure and Investment in BOTH Koreas

by Pepe Escobar, Russia Insider:

Maybe this is why the globalists are so eager to bomb both Koreas into the stone age …

The United Nations Security Council’s 15-0 vote to impose a new set of sanctions on North Korea somewhat disguises the critical role played by the Russia-China strategic partnership, the “RC” at the core of the BRICS group.

The new sanctions are pretty harsh. They include a 30{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} reduction on crude and refined oil exports to the DPRK; a ban on exports of natural gas; a ban on all North Korean textile exports (which have brought in US$760 million on average over the past three years); and a worldwide ban on new work permits for DPRK citizens (there are over 90,000 currently working abroad.)

But this is far from what US President Donald Trump’s administration was aiming at, according to the draft Security Council resolution leaked last week. That included an asset freeze and travel ban on Kim Jong-un and other designated DPRK officials, and covered additional “WMD-related items,” Iraqi sanctions-style. It also authorized UN member states to interdict and inspect North Korean vessels in international waters (which amounts to a declaration of war); and, last but not least, a total oil embargo.

“RC” made it clear it would veto the resolution under these terms. Russian Foreign Minister Sergey Lavrov told the US’ diminishing Secretary of State Rex Tillerson Moscow would only accept language related to “political and diplomatic tools to seek peaceful ways of resolution.” On the oil embargo, President Vladimir Putin said, “cutting off the oil supply to North Korea may harm people in hospitals or other ordinary citizens.”

“RC” priorities are clear: “stability” in Pyongyang; no regime change; no drastic alteration of the geopolitical chessboard; no massive refugee crisis.

That does not preclude Beijing from applying pressure on Pyongyang. Branch offices of the Bank of China, China Construction Bank and Agricultural Bank of China in the northeastern border city of Yanji have banned DPRK citizens from opening new accounts. Current accounts are not frozen yet, but deposits and remittances have been suspended.

To get to the heart of the matter, though, we need to examine what happened last week at the Eastern Economic Forum in Vladivostok – which happens to be only a little over 300 km away from the DPRK’s Punggye-ri missile test site.

Something the west always forgets is that Russia and China share a border with North Korea. No one is more interested in a peaceful resolution to the conflict than them, as any war would likely spill into their countries. The US, on the other hand, is across an ocean.

It’s all about the Trans-Korean Railway

In sharp contrast to the Trump administration and the Beltway’s bellicose rhetoric, what “RC” proposes are essentially 5+1 talks (North Korea, China, Russia, Japan and South Korea, plus the US) on neutral territory, as confirmed by Russian diplomats. In Vladivostok, Putin went out of his way to defuse military hysteria and warn that stepping beyond sanctions would be an “invitation to the graveyard.” Instead, he proposed business deals.

Largely unreported by Western corporate media, what happened in Vladivostok is really ground-breaking. Moscow and Seoul agreed on a trilateral trade platform, crucially involving Pyongyang, to ultimately invest in connectivity between the whole Korean peninsula and the Russian Far East.

South Korean Prime Minister Moon Jae-in proposed to Moscow to build no less than “nine bridges” of cooperation: “Nine bridges mean the bridges of gas, railways, the Northern Sea Route, shipbuilding, the creation of working groups, agriculture and other types of cooperation.”

Crucially, Moon added that the trilateral cooperation would aim at joint projects in the Russian Far East. He knows that “the development of that area will promote the prosperity of our two countries and will also help change North Korea and create the basis for the implementation of the trilateral agreements.”

Adding to the entente, Japanese Foreign Minister Taro Kono and South Korean Foreign Minister Kang Kyung-wha both stressed “strategic cooperation” with “RC”.

Geo-economics complements geo-politics. Moscow has also approached Tokyo with the idea of building a bridge between the nations. That would physically link Japan to Eurasia – and the vast trade and investment carousel offered by the New Silk Roads, aka, the Belt and Road Initiative (BRI) and the Eurasia Economic Union (EAEU). It would also complement the daring plan to link a
Trans-Korean Railway to the Trans-Siberian one.

Seoul wants a rail network that will physically connect it with the vast Eurasian land bridge, which makes perfect business sense for the fifth largest export economy in the world. Handicapped by North Korea’s isolation, South Korea is in effect cut off from Eurasia by land. The answer is the Trans-Korean Railway.

Read More @ Russia-Insider.com

India: The Genie of Lawlessness is out of the Bottle

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by Jayant Bhandari, Acting Man:

Recapitulation (Part XVI, the Last)

Since the announcement of demonetization of Indian currency on 8th November 2016, I have written a large number of articles. The issue is not so much that the Indian Prime Minister, Narendra Modi, is a tyrant and extremely simplistic in his thinking (which he is), or that demonetization and the new sales tax system were horribly ill-conceived (which they were). Time erases all tyrants from the map, and eventually from people’s memory.

 According to the Global Slavery Index, an estimated 18 million Indians, equivalent to half the total population of Canada, are bonded, modern slaves.
According to the Global Slavery Index, an estimated 18 million Indians, equivalent to half the total population of Canada, are bonded, modern slaves.

My interest has been mostly to use these events to document the underlying causes of such utter missteps, which technically must be called stupid, and to explain how the real disease runs much deeper and much wider, and that no solutions for this can be found in the next elections.

My interest has been to explore the socio-cultural foundations of India that keep it perennially poor, wretched, and diseased, a state from which it never seems able to escape. I have attempted to dissect the unwitting tendency of Indians to destroy any material or civilizational advantages, which in the last 300 years have all accrued as products of extraneous events: Free gifts of Western experience and civilization, management skills, and technology, all offered on a platter.

Vegetables being washed in sewage water. This gives shine and color to vegetables. But do you really want to eat vegetables washed in human excreta? Even for such basic commodities, one must look for a trustworthy seller. In a tribal society, big institutions simply do not work.

 

I have attempted to show that now that since the British left 70 years ago, Indian institutions have continued to fray, degenerate, degrade, and fall apart. The British left a robust judiciary, a university system, and parliament in place. Except for their facades, all these institutions are now soulless shells, something that politically correct intellectuals at the IMF, the World Bank, etc., completely fail to see.

The math is very simple: If Western institutions are to be imposed on India, such institutions must be run by Westerners as well. The corollary is also very simple: Without the British running India, India cannot continue to exist the way the British left it.

Read More @ Acting-Man.com

China Increases Its Influence Over Afghanistan

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by Vladimir Platov, New Eastern Outlook:

It’s hardly a surprise that the United State is not the only state to recognize the geopolitical importance of Afghanistan. Among the other nations deeply involved in this Central Asian state is China. Ever since 2011, when the Heart of Asia summit was launched, China has been making every effort to establish better ties with all nations engaged in the reconstruction of Afghanistan. Beijing would organize meeting with its regional partners, including Iran, Pakistan and Russia, while working closely with the quadripartite coordination group that consists of Afghanistan, Pakistan, the United States and China itself, as well as the Taliban.

However, over the last three years China has increasingly grown interested in establishing closer ties with Afghanistan more directly. After the withdrawal of the better part of US occupying forces, Beijing sent a group of officials led by Foreign Minister Wang Yi to Kabul. In fact, over the past three years, Beijing would provide more assistance to Afghanistan than it has over the previous thirteen years.

Chinese Interests in Afghanistan

The reasoning behind Beijing’s motivation has been pretty clear all along. It seeks both a gradual decrease in the number of NATO troops deployed in Afghanistan in order to reduce Washington’s influence and to create a “buffer of stability” around China’s national borders. At the same time, officials in Beijing are forced to realize that as long as the situation in Afghanistan remains unstable, NATO and US forces will have a pretext for prolonging their military presence in territory directly bordering China.

In addition, it is of extreme importance for Beijing to ensure a secure implementation of its On Belt, One Road (OBOR) economic initiative, to weaken the positions of various terrorist groups operating in the region, including ISIS. Such groups ensure Central Asia remains a potentially explosive political landscape. This allows terrorists to keep Beijing at all times worried about stability both at home and across the region. What’s worse is that the ever present tension in the Central Asia can potentially jeopardize the promising OBOR initiative.

An abrupt increase in ISIS activities in Afghanistan and Central Asia have been a point of China’s increasing concern, since this threat can only be countered with the assistance of regional players along with steadily increasing anti-terrorist efforts by China and Russia. Beijing believes that ISIS militants are capable of infiltrating China’s territory through the Pakistan-China border in a bid to somehow attempt to derail OBOR.

China and the fight against international terrorism

In this regard, in recent years, China has launched the fight against international terrorism, joining its efforts with the countries of Central and South Asia, especially with Afghanistan, while advocating an increase in security spending for regional players to be able to effectively counter the growing terrorist threat. It’s no wonder then that Beijing has been at the helm of pretty much every major anti-terrorist exercise in the region since. Such a policy is being pursued by Beijing largely due to the fact that according to its estimates in the medium to long term, when conflicts across the Middle East end, ISIS will eventually make Afghanistan along with other Central Asian states a go-to area of operations.

For these reasons, ever since 2016, China’s authorities have been strengthening their state borders, while holding anti-terrorist exercises of their own. It’s also curious that according to today’s Chinese legislation, Beijing may consider deploying its troops to the territory of a neighboring state in the event that China’s national security is threatened.

If one is to take into account Russia’s experience in providing assistance to Damascus in its anti-terrorist efforts, while taking into account the desire of the US to increase its influence in Afghanistan and other countries of the region, China’s politicians may be planning an increase in investments provided to the states of the region as their own form of counterbalance.

Read More @ Journal-NEO.org
 

Is Identity Politics Brewing a Holocaust?

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by Paul Craig Roberts, Paul Craig Roberts:

Signs of American collapse are everywhere. Apparently no one notices. The world continues to vote with the US in the UN. When even Russia and China serve as handmaidens to US foreign policy by voting with Washington against North Korea, it appears that the image of America as the exceptional and indispensable country is a propaganda success even among Washington’s most threatened enemies. When Russia and China follow Washington’s lead, it shows the world that there is no alternative to Washington’s leadership.

A country with a $20 trillion public debt, an even larger private debt, a work force drowning in debt and employed in third world lowly paid domestic services, a stock market pumped up beyond all reason by Federal Reserve liquidity and companies using their profits to repurchase their own stock, a military that’s been tied down for 16 years by a few lightly armed Muslims, a propaganda ministry instead of a media with public ignorance the consequence, and with a total collapse of morality in public and private institutions along with the disappearance of courage, is nevertheless able to make the entire world dance to its tune. Washington is the Wizard of Oz.

Washington in the past 16 years has destroyed in whole or part seven countries, murdering, maiming, orphaning, widowing, and displacing millions of peoples. Yet Washington still presents itself as the great defender of human rights, democracy, and all that is good. The American people have voiced few words of protest against the massive crimes against humanity committed by “their” government.

The UN has not passed a resolution condemning the United States government for its endless aggressions, horrendous war crimes and illegal interventions against other countries.

Washington relies on threats and not diplomacy, and this is acceptable to the world. The UN sits as an American Approval Society because it is funded by American money.

Security agencies have become police state agencies, and they have transformed the obligation in the US military code to report war crimes into acts of treason that result in prison sentences. The US military code, just like the US Constitution and the laws that enforce it, is dead letter law, ignored and unenforced.

Consider the case of Bradley/Chelsea Manning. Bradley Manning released a film showing US troops murdering journalists, pedestrians, a good samaritan and his children as if it were a video game. These murders are war crimes. But it was Manning, who revealed them, not those who committed them, who was punished.

After release from prison Chelsea Manning was recently appointed by Harvard University’s Kennedy School as a visiting fellow. Most likely Harvard made the appointment to show support for the transgendered, not for truth-tellers wrongly convicted and turned into felons. The consequence was an uproar. I mean, really, how dare Harvard appoint a truth-teller. Manning might bring the entire Matrix crumbling down.

To prevent that Mike Morell, former deputy and acting director of the CIA, resigned his non-resident senior fellowship at Harvard, on the grounds that he “cannot be part of an organization that honors a convicted felon and leaker of classified information.” Morell is comfortable with his opposition to Manning as a truth-teller. Morell is concerned only that he might be perceived as biased against the transgendered. So Morell added to his resignation letter that “It is important to note that I fully support Ms. Manning’s rights as a transgender American, including the right to serve our country in the US military.” http://ijr.com/the-declaration/2017/09/974664-ex-cia-chief-delivers-blistering-quit-harvard-latest-hire-convicted-leaker-manning/?utm_campaign=Conservative{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}20Daily&utm_source=hs_email&utm_medium=email&utm_content=56364361&_hsenc=p2ANqtz-90FWYOJKtzTJE_i-iTjvCJMl3zW9G7Hkuo1svylTWfC2zw4FHp1ccdUmUO6HY0J1VlaYW9VPzQDIczEfhw7578dcDDew&_hsmi=56364361

Remember, Morell is the crazed immoralist who said on the Charlie Rose TV show that the US should start killing Russians to give them a message. It should scare Americans to death that such an insane person as Morell can reach the top ranks of the CIA.

Harvard, of course, collapsed under CIA pressure and cancelled Manning’s appointment.

Did anyone complain to Harvard about Morell’s appointment? Morell, unlike Manning, is a real felon, although a non-convicted one. As a CIA official, Morell is associated with the CIA torture program, a felony under both US and international law. Harvard and Morell are OK with torture, but telling the truth about it is a no-no. As Morell sees it, it is not damaging for America to commit war crimes as long as Manning doesn’t tell anyone about it.

The only reason for classifying information is to protect the government’s endless crimes from exposure. Yet the entirety of the US government, law schools, and the courts that are supposed to uphold the law, are silent about the policy that makes government crimes undiscoverable and that condemns whistleblowers who reveal the otherwise undiscoverable crimes.

Read More @ PaulCraigRoberts.org

It Gets Ugly in Catalonia

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by Don Quijones, Wolf Street:

Spain’s “ships of repression” are coming to help out. 

Madrid’s crackdown on Catalonia is already having one major consequence, presumably unintended: many Catalans who were until recently staunchly opposed to the idea of national independence are now reconsidering their options.

A case in point: At last night’s demonstration, spread across multiple locations in Barcelona, were two friends of mine, one who is fanatically apolitical and the other who is a strong Catalan nationalist but who believes that independence would be a political and financial disaster for the region. It was their first ever political demonstration. If there is a vote on Oct-1, they will probably vote to secede.

The middle ground they and hundreds of thousands of others once occupied was obliterated yesterday when a judge in Barcelona ordered Spain’s militarized police force, the Civil Guard, to round up over a dozen Catalan politicians in dawn raids. Many of them now face crushing daily fines of up to €12,000.

The Civil Guard also staged raids on key administrative buildings in Barcelona. The sight of balaclava-clad officers of the Civil Guard, one of the most potent symbols of the not-yet forgotten Franco dictatorship, crossing the threshold of the seats of Catalonia’s (very limited) power and arresting local politicians, was too much for the local population to bear.

Within minutes almost all of the buildings were surrounded by crowds of flag-draped pro-independence protesters. The focal point of the day’s demonstrations was the Economic Council of Catalonia, whose second-in-command and technical coordinator of the referendum, Josep Maria Jové,was among those detained. He has now been charged with sedition and could face between 10-15 years in prison. Before that, he faces fines of €12,000 a day.

The confiscation of ballots and other vital voting paraphernalia and the detention of key members of the referendum’s organizing committee, together with today’s decision by the Spanish Finance Ministry to completely block the regional government’s accounts — a move that would not be possible without full cooperation of both Spanish and Catalan banks — could be a major setback for Catalonia’s dreams of independence.

Read More @ WolfStreet.com

USA YIELD CURVE FLATTENS INDICATING RECESSION: GOES AGAINST THE WISHES OF THE FED

by Harvey Organ, Harvey Organ Blog:

GOLD AND SILVER RAID CONTINUES BY OUR BANKERS WITH GOLD DOWN $19.95 AND SILVER DOWN 29 CENTS/HUGE SANCTIONS AGAINST NORTH KOREA: NO FINANCIAL INSTITUTION CAN DO ANY BUSINESS WITH NORTH KOREA OR ELSE THEY FACE SANCTIONS

GOLD: $12.92.75 DOWN   $19.95

Silver: $17.00  DOWN 29 CENT(S)

Closing access prices:

Gold $1291.60

silver: $16.97

SHANGHAI GOLD FIX:  FIRST FIX  10 15 PM EST  (2:15 SHANGHAI LOCAL TIME)

SECOND FIX:  2:15 AM EST  (6:15 SHANGHAI LOCAL TIME)

SHANGHAI FIRST GOLD FIX: $1303.97 DOLLARS PER OZ

NY PRICE OF GOLD AT EXACT SAME TIME:  $1299.20

PREMIUM FIRST FIX:  $4.77

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SECOND SHANGHAI GOLD FIX: $1302.97

NY GOLD PRICE AT THE EXACT SAME TIME: $1298.20

Premium of Shanghai 2nd fix/NY:$4.77

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LONDON FIRST GOLD FIX:  5:30 am est  $1297.35

NY PRICING AT THE EXACT SAME TIME: $12.96.08

LONDON SECOND GOLD FIX  10 AM: $1291.80

NY PRICING AT THE EXACT SAME TIME. 1291.80

For comex gold:

SEPTEMBER/

NOTICES FILINGS TODAY FOR SEPT CONTRACT MONTH: 29 NOTICE(S) FOR  2900  OZ.

TOTAL NOTICES SO FAR: 83 FOR 8300 OZ  (0.2581 TONNES)

For silver:

SEPTEMBER

 

 225 NOTICES FILED TODAY FOR

 

1,125,000  OZ/

Total number of notices filed so far this month: 6,106 for 30,530,000 oz

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

 

end

As I mentioned yesterday:

“Another planned raid by the crooks to coincide with the release of the FOMC balance sheet run off. The Fed did not anticipate that the yield curve would flatten:  the banks wanted the yield curve to rise as we go out in time: the opposite happened.”

 Obviously this is a policy error by the Fed and this should cause continual currency fluctuations as we go forward in time. The open interest readings of today are not much help..I need to see tonight’s reading of today’s trading to see how many gold/silver leaves were liquefied with the raid today.

Let us have a look at the data for today

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In silver, the total open interest FELL SLIGHTLY BY 743 contracts from  192,994 DOWN TO 192,251 WITH THE SMALL RISE IN PRICE THAT SILVER UNDERTOOK IN YESTERDAY’S TRADING (UP 5 CENTS ). DURING THE REGULAR COMEX TRADING WE HAD A LITTLE REPRIEVE FROM THE CONSTANT TORMENT OVER THE PAST 8 DAYS BUT THAT QUICKLY ENDED WITH THE HAWKISH FED ANNOUNCEMENT OF BALANCE SHEET RUN-OFF AND A MOST LIKELY RATE HIKE IN DECEMBER. BANKERS STILL RELUCTANT TO SUPPLY THE NECESSARY PAPER.

RESULT: A SMALL FALL IN OI COMEX  DESPITE THE 5 CENT PRICE RISE.  WE WILL NEED TO SEE WHAT HAPPENS TO OPEN INTEREST TOMORROW AS THE BIG DROP IN SILVER OCCURRED IN THE ACCESS MARKET AFTER THE COMEX CLOSED

 In ounces, the OI is still represented by just UNDER 1 BILLION oz i.e.  0.9610 BILLION TO BE EXACT or 137{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 225 NOTICE(S) FOR 1,125,000OZ OF SILVER

In gold, the open interest ROSE BY A CONSIDERABLE 4598 CONTRACTS WITH THE  RISE  in price of gold ($5.25 GAIN WITH YESTERDAY’S COMEX TRADING/ GOLD DROPPED BADLY IN THE ACCESS MARKET TRADING).  The new OI for the gold complex rests at 574,694. AFTER 8 CONSECUTIVE TRADING DAYS WE HAD A SLIGHT  REPRIEVE FROM CONSTANT TORMENT. OUR BANKER FRIENDS DECIDED TO LET GOLD/SILVER RISE DURING REGULAR COMEX TRADING.  HOWEVER THEY ATTACKED WITH RECKLESS ABANDON IN ACCESS TRADING. WE WILL NEED TO SEE HOW BADLY THE GOLD LEAVES FELL WITH TOMORROW’S READING.

Result: A SMALL DECREASE IN OI WITH THE  TINY RISE IN PRICE IN GOLD ($5.25). BANKERS RETREAT TO HIGHER GROUND LETTING GOLD/SILVER RISE.  THEY WERE WAITING IN THE WINGS TO ATTACK ON THE FOMC BALANCE SHEET RUN OFF. 

we had: 29 notice(s) filed upon for 2900 oz of gold.

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With respect to our two criminal funds, the GLD and the SLV:

GLD:

Tonight , we had no change in gold inventory:

Inventory rests tonight: 846.03 tonnes

SLV

Today: no changes in inventory.

INVENTORY RESTS AT 324.915 MILLION OZ

 

end

.

First, here is an outline of what will be discussed tonight:

1. Today, we had the open interest in silver FELL BY A TINY 743 contracts from 192,994  DOWN TO 192,251 (AND now A LITTLE FURTHER FROM THE NEW COMEX RECORD SET ON FRIDAY/APRIL 21/2017 AT 234,787) DESPITE YESTERDAY’S 5 CENT GAIN IN TRADING.AFTER 8 CONSECUTIVE TRADING DAYS OF TORMENT, OUR BANKERS FOR A VERY SMALL TIME FRAME, REMOVED THEIR FOOT FROM THE THROAT OF BOTH GOLD AND SILVER. THEY DECIDED FOR A BRIEF MOMENT TO LET OUR PRECIOUS METALS SEEK HIGHER GROUND BEFORE THEY ATTACKED AGAIN IN YESTERDAY’S ACCESS MARKET ONCE THEY RELEASED THE FOMC STATEMENT WHICH WAS WIDELY EXPECTED AND BUILT INTO ALL MARKETS. THEY ARE CONTINUING WITH THEIR TORMENT TODAY, THE 9TH STRAIGHT DAY OF TORMENT.

RESULT:  A SMALL SIZED DROP IN SILVER OI  AT THE COMEX DESPITE THE TINY GAIN IN PRICE OF 5 CENTS IN YESTERDAY’S TRADING. BANKERS ALLOW FOR A  RETREAT TO HIGHER GROUND WAITING IN THE WINGS TO ATTACK ONCE FOMC DECISION AT 2 PM EST…THE ATTACK WAS PERFECTLY PREORDAINED..

(report Harvey)

.

2.a) The Shanghai and London gold fix report

(Harvey)

 

2 b) Gold/silver trading overnight Europe, Goldcore

(Mark O’Byrne/zerohedge

and in NY:  Bloomberg

3. ASIAN AFFAIRS

i)Late WEDNESDAY night/THURSDAY morning: Shanghai closed DOWN 8.18 POINTS OR 0.24{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}   / /Hang Sang CLOSED DOWN 17.47 POINTS OR 0.06{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/ The Nikkei closed UP 37.02 POINTS OR 0.18{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Australia’s all ordinaires CLOSED DOWN 0.92{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}/Chinese yuan (ONSHORE) closed WELL DOWN at 6.5919/Oil UP to 50.15 dollars per barrel for WTI and 55.87 for Brent. Stocks in Europe OPENED ALL GREEN . Offshore yuan trades  6.5887 yuan to the dollar vs 6.5919 for onshore yuan. NOW THE OFFSHORE MOVED A LITTLE STRONGER  TO THE ONSHORE YUAN/ ONSHORE YUAN MUCH WEAKER (TO THE DOLLAR)  AND THE OFFSHORE YUAN IS ALSO MUCH WEAKER TO THE DOLLAR AND THIS IS COUPLED WITH THE SLIGHTLY STRONGER DOLLAR. CHINA IS NOT  HAPPY TODAY

Read More @ HarveyOrganBlog.com

‘US Secret Services’ Tried to Nab 29 Russian Troops in Syria … and Got Their Butts Kicked – Russian Military

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by Justin Huebner, Russia Insider:

It’s a real war out there … and Russians and Americans are practically in combat

The Russian military spokesman in this briefing, General Sergei Rudskoi, in a matter-of-fact deadpan, explains that ‘US Secret Services’, and their Al Qaeda proxies, had a very, very bad day yesterday.

Americans love bombing small, defenseless countries into the stone age, it’s part of their culture like baseball, apple pie, and morbid obesity. One of the things they never do, however, is pick on a country that can fight back.

General Rudskoi has just the facts, and nothing but the facts

Well this time they messed with the Russian Bear himself and like Napoleon and Hitler before them, reality ensued.

Yesterday, according to General Rudskoi, an army of “moderate” decapitators, directed by their ‘US Secret Service’ handlers, double-crossing the Russians by violating a ceasefire agreement, launched an attack with tanks and artillery on the Syrian Government north of Hama in the de-escalation zone, in an attempt to halt the Syrian Army’s successful advance.

A key part of the plan was to capture 29 Russian soldiers, which would have been a major embarrassment for Russia.

Here’s where the story gets gripping.

The 29 Russians were trapped for several hours by the militants, engaged in a heavy fire-fight for their very survival. 

Finally, a Spetsnaz (Russian Special Operations) unit, partially composed of ‘military natives of the North Caucusus’ (these are probably Chechens, the fiercest soliders Russia has), broke through the terrorist line.

Then, like lightning over the skies of Syria, Russian Sukhoi jets conducted pinpoint strikes against the opposition force, which was subsequently bombarded with an artillery salvo, providing cover for the Russian rescue squad.

They successfully reached their comrades, and though three operators were injured, Russia suffered no casualties.

AL-Qaeda and the US ‘Secret Services’ however, had a very, very, bad day.

“187 objects, about 850 TERRORISTS11 TANKS, four armoured vehicles, 46 PICKUPS, five mortars, 20 TRUCKS and 38 WEAPONS WAREHOUSES were destroyed in a 24-hours period by the Russian counterattack.”

The Russian General’s closing comment, delivered in matter-of-fact monotone was classic:

“The operation to destroy the terrorists will be continued.”

Here’s the full transcript of the General’s remarks: (Key parts in bold)

A large-scale offensive on the positions of Syrian Government troops in the Idlib de-escalation zone, which breached a ceasefire agreement, was “initiated by the American secret services to stop the successful advance of the [Syrian] government troops to the east of Deir ez-Zor,”

Read More @ Russia-Insider.com

U.S. Defense Secretary Jim Mattis Weighs Using “Kinetic Weapon” On North Korea

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by Aaron Kesel, Activist Post:

 

U.S. Defense Secretary Jim Mattis hinted at using a kinetic weapon on Tuesday while discussing tensions with North Korea when he made a Freudian slip.

Mattis was asked whether there was “any military option the US can take with North Korea that would not put Seoul at grave risk,” Mattis responded, “Yes, there are, but I will not go into details.”

Later during the press conference, another reporter questioned Mattis and caught him off-guard:

“Just to clarify, you said that there were possible military options that would not create a grave risk to Seoul,” a reporter asked. “Are we talking kinetic options as well?”

“Yes, I don’t want to go into that,” Mattis responded.

Previously, Mattis stated that a war with North Korea would “involve the massive shelling of an ally’s capital, (South Korea) which is one of the most densely packed cities on earth.”

U.S. President Donald Trump in a speech to the United Nations on Tuesday threatened to “totally destroy North Korea” if Pyongyang didn’t quit its nuclear testing and threats.

Read more @ activistpost.com

Jamie Dimon Faces Market Abuse Claim Over “False, Misleading” Bitcoin Comments

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from Zero Hedge:

A week after Jamie Dimon made headlines by proclaiming Bitcoin a “fraud” and anyone who owns it as “stupid,” the JPMorgan CEO faces a market abuse claim for “spreading false and misleading information” about bitcoin.

Unless you have been living under a rock for the past week, you will be well aware of JPMorgan CEO Jamie Dimon’s panicked outburst with regard the ‘fraud’ that Bitcoin’s ‘tulip-like’ bubble is. To paraphrase:

“It’s a fraud. It’s making stupid people, such as my daughter, feel like they’re geniuses. It’s going to get somebody killed. I’ll fire anyone who touches it.”

One week later, an algorithmic liquidity provider called Blockswater has filed a market abuse report against Jamie Dimon for “spreading false and misleading information” about bitcoin.

The firm filed the report with the Swedish Financial Supervisory Authority against JPMorgan Chase and Dimon, the company’s chief executive. Blockswater said Dimon violated Article 12 of the European Union’s Market Abuse Regulation (MAR) by declaring that cryptocurrency bitcoin was “a fraud”.

The complaint said Dimon’s statement negatively impacted “the cryptocurrency’s price and reputation”.

It also said Dimon “knew, or ought to have known, that the information he disseminated was false and misleading”.

“Jamie Dimon’s public assertions did not only affect the reputation of bitcoin, they harmed the interests of some of his own clients and many young businesses that are working hard to create a better financial system,” said Florian Schweitzer, managing partner at Blockswater.

Blockswater said JPMorgan traded bitcoin derivatives for their clients on Stockholm-based exchange Nasdaq Nordic before and after Dimon’s statements (as we detailed here), which Schweitzer said “smells like market manipulation”.

Blockswater works with blockchain-based assets based in London and Austria. Its full complaint is below:

Blockswater Files Market Abuse Report Against Jamie Dimon in Stockholm
Blockswater LLP believes that Dimon violated EU’s Market Abuse Regulation by “spreading false and misleading information” about bitcoin

STOCKHOLM/NEW YORK/LONDON/VIENNA, September 21, 2017 – Algorithmic liquidity provider Blockswater LLP filed a market abuse report with the Swedish Financial Supervisory Authority (FI) against JPMorgan Chase and Co. CEO Jamie Dimon. Blockswater believes that Dimon violated Article 12 of the European Union’s Market Abuse Regulation (MAR) by declaring that cryptocurrency bitcoin was “a fraud.”

The complaint filed with the Swedish authorities demonstrates how Dimon’s statement negatively impacted “the cryptocurrency’s price and reputation.” The document also lists evidence that suggests Dimon “knew, or ought to have known, that the information he disseminated was false and misleading.”

“Jamie Dimon’s public assertions did not only affect the reputation of bitcoin, they harmed the interests of some of his own clients and many young businesses that are working hard to create a better financial system,” says Florian Schweitzer, managing partner at Blockswater. JPMorgan traded bitcoin derivatives for their clients on Stockholm-based exchange Nasdaq Nordic before and after Dimon’s statements fueled volatility in the market. “That’s a clear case of double standards and it smells like market manipulation.”

Article 12 of the European Union’s Market Abuse Regulation prohibits the manipulation of markets through practices such as spreading false or misleading information. Nasdaq Nordic, where exchange-traded notes on bitcoin are listed, defines the term “market manipulation” in accordance with the EU’s definition as “dissemination of information through the media, including the Internet, or by any other means that gives, or is likely to give, false or misleading signals as to Listed Products, including the dissemination of rumours and false or misleading news, where the person who made the dissemination knew, or ought to have known, that the information was false or misleading.”

FI confirmed receipt of the report but did not comment further except to state that the financial markets regulator “will handle it according to [FI’s] procedures.”

Blockswater LLP is an algorithmic liquidity provider for blockchain-based assets based in London (UK) and Vienna (Austria).
 

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    Gold Investment “Compelling” As Fed May “Kill The Business Cycle”

    by Mark O’Byrne, GoldCore:

    Gold Investment “Compelling” As Fed Likely To Create Next Recession

    – Is the Fed about to kill the business cycle?
    – 16 out of 19 rate-hike cycles in past 100 years ended in recession
    – Total global debt at all time high – see chart
    – Global debt is 327{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of world GDP – ticking timebomb…
    – Gold has beaten the market (S&P 500) so far this century
    – Safe haven demand to increase on debt and equity risk
    – Gold looks very cheap compared to overbought markets
    – Important to diversify into safe haven gold now

     

    by Frank Holmes via Gold.org

    Global debt levels have reached unprecedented levels, pension deficits are rising and the US interest rate cycle is on the turn. Frank Holmes, chief executive of highly regarded investment management group US Global Investors, believes that investing in gold is a logical response to current, unnerving conditions.

    For centuries, investors and savers have depended on gold in times of economic and political strife, and its investment case right now is as compelling as it’s ever been.

    Read More @ goldcore.com