Around mid-morning on Friday we heard news that the Ukraine had “destroyed part of a Russian convoy.” The stock market immediately dropped nearly 200 points, Treasury bonds were bid 10 basis points lower, oil was higher and gold which had been hammered $20 lower earlier ran back to unchanged. I do want to mention that “the sale” which knocked gold down was some $2 billion worth of COMEX futures. $2 billion, this would amount to a little more than 1 week’s production from ALL mines in the ENTIRE world. Again, “who” would ever sell their product in this fashion where they receive THE worst price of the week? The real laugher is that this was not even “gold” which was sold, the sale was merely COMEX futures. This game however will shortly end as the Shanghai exchange comes on line which will be a 100% physical exchange. China has a history of meeting out harsh and should I say “physical” penalties for financial crimes, selling something that does not exist would fall into this category. This further display of naked short selling is not what I’d like to write about today.
The “announcement” of the destruction of a Russian convoy had all the makings of being the spark for WWIII. As soon as I heard the “news” and saw the markets react, my first thought was “this is the beginning.” Were it true, the situation would have already escalated in every fashion. The escalation would have certainly been militarily but also financially. What the heck really happened though? Anything? Here it is more than a day(s) later and what do we really know? Was there a Russian convoy destroyed? Was there even a Russian convoy on Ukrainian soil? Was anything at all destroyed? The Telegraph put this article out Friday evening. The headline clearly states “Ukraine destroys part of Russian military convoy.”
First, two British journalist “saw firsthand” the military convoy cross the border. Do we have any pictures? Did they not have cameras with them? This is possible but not probable, but surely they had cellphones right? So where are the pictures? I haven’t even seen any pictures showing destroyed vehicles in the light of day after the alleged attack. Russia denies having any vehicles on Ukraine soil nor having anything destroyed. Yet the President of Ukraine himself swears to it? What really happened if anything? Zero Hedge even speculated that Ukraine may have even fired on their own units.
I have to ask again just as I did after the Malaysian airliner was brought down last month, where are the satellite images? Russia says they don’t have any because there are none, the White House tweeted “can’t confirm convoy destroyed.” Who is going to come forward with proof one way or another as to what happened? Was this just another false flag to start war which went sour and failed? I hope you understand just how serious this is.
Sadly, I will give you my opinion on what “is happening.” Some who read what I am about to write and will say I am “un patriotic” or “un American.” This couldn’t be further from the truth. After watching the U.S. “back” tyrants in various countries and support the coups of “puppets gone bad” who would no longer do our bidding, I can only say we are wrongheaded and dangerous. In my opinion, Washington is doing anything and everything possible to start a war. This war of course will end up being against the interests of China and Russia. Is this war “winnable?” No it is not and the danger is we end up in a nuclear conflict.
But why? Why does it seem the U.S. is hell bent on war? There are several reasons all of which turn back to the U.S. dollar itself and the power involved in issuing the reserve currency. First, it is my opinion that Washington knows the game is about over. The economy has not and cannot be kick started because there is too much debt weighing it down. I also believe we are at the end of the road where it comes to keeping a lid on gold and silver, I believe the metal to deliver has just about run out. I also believe the realization that there is very little good collateral left to be lent or borrowed against has sunk in. Even outright lies about economic numbers are no longer supporting confidence which is waning. Remember, “confidence” is what holds up fiat money. It is the failure of confidence that Washington is trying to hide or misdirect your attention from.
It is my opinion that we have come to the point where a scapegoat is needed and dirty tracks must be covered. The dollar system is a Ponzi scheme which cannot just fall apart on its own without having something to point at as the “cause.” The thought process I am sure is if a war is started and “we win,” the dollar can then be “forced” upon the world. If we lose? This will be pointed to as the reason the economy is in shambles, the markets collapsed, your bank closed and your dollars cratered in purchasing power. Never mind the fact we ran wild deficits, printed money and have done everything that history has shown us was imprudent and reckless. A war will (they hope) act as a distraction from the financial chaos. I believe the thinking here is the public will be so involved with their own problems that the perpetrators of the grand fraud might get a pass. Whether this would/will work or not is another question.
It is my opinion the world knows all of the above and is in the process of isolating the U.S. Our actions to start a war have eaten away at the trust in our currency. “Trust” was all we had left and we have lived off of it for years. It seems the more we lost it, the more we “pressed” to keep it using bullying tactics which only served to eat further away at the remaining trust. As I wrote last week, we are “kicking the table over” because there are no other options. Starting a war will do this.
The above was written over the weekend. Here we are Monday morning and “it never happened.” Nothing happened so please move along and just forget about it! Actually, Friday’s news has already been completely forgotten. What you should not forget personally is the fact that you were given “news” on Friday which was completely false. What will you believe “next time?” There will be a next time, you can count on it. There unfortunately will be “next time’s” until one gets the desired end which results in the war called for by the script.
Bill, I agree with your conclusions, that the U.S. is being isolated, while desperately trying to start a war. Thankfully, it appears that there are good guys in the military who are taking action against the bad, Cabal-complicit guys in the military.
Yep, it is hilarious how yet another attempt to start a war — by reporting the attack on the Russian aid convoy — has failed. Kind of like Sandy Hoax and all of the other made-for-TV-movie-make-believe ‘shootings’, which failed to rouse Americans to call for more ‘protection’ and the turning in of firearms.
you need to watch BOTH hands of the magician.
I believe you have it figured out correctly.
It now looks as if the USA will have to be the first nation to hit the nuke button because every one else has the USA figured out.
God help us all!
Just recently started reading your articles and you’re quickly becoming one of my favorites. Don’t forget about the fake 30k to 40k trapped Yazidis on the mountain in Iraq. That story even though proven untrue was enough to get a bombing campaign going. The problem is the US doesn’t have an ISIS cover in the Ukraine and the Ukraine military seems weak at best and is losing ground.
Seems we are living in a bizaar covert media reality… For example the doctor from the Ferguson fiasco was a defendant in the OJ trial and was paid $250k as a defense witness in the Phil Spector case. He is also a pundit on Fox and some other MSM channels.
In my opinion, Washington is doing anything and everything possible to start a war….
others share your opinion….sad and frightful.
70,000,000+ Americans to die over six years.
Published on Aug 17, 2014
American politicians are jockeying for position in advance of the next election cycle, and since they have utterly destroyed the US economy well into the future, the major talking points now revolve around the use of the military to dominate both the Middle East and Europe. This irresponsible rhetorical talk may be no more than bluster help win elections, but it will have the adverse unintended effect of actually setting US policy after the 2016 elections. With WWII as a model, Democratic and Republicans alike, are putting the United States on a course whereby it will lose 32,000 Americans every day over a six year period.
The two British journalist and the Telegraph, should be charged for this! These bastards need to be held accountable, and Mr Cameron should be hung from his scrawny neck until dead! Same for Obama! Grub that he is!
Agreed completely, nuremberg trials, as soon as possible (!)
yes but “the people” will be distracted.
What is the real meaning behind Ferguson? If police/military go away, the crowds will settle down, let the community grieve peacefully. To me it seems police/govt want a fight and the people feel they are at war with them. Is this some sort of conditioning to the general population that shows we need a militarized police state? I mean nothing happens in a vacuum. Somewhere the shots are being called for some outcome
coming to a theatre near you.
@keith,everyone with a brain knows by now that this guy wants martial law.i was telling everyone that back in 2008 when i was a regular poster and analyst at stockpickr just when cramer bought it from james altucher.if it weren’t for the political thread there at the time was when we alerted the bloggosphere about Van Jones right to the point that 0zer0 had to remove him and assign him a spot on the payroll where he wouldn’t get noticed that much about the job he was originally posted for.one of two things it has come down to,1:prepping and conditioning for civil unrest for the dollars eminent demise.and/or2: martial law.
So basically since 9/11 its all a psyops for mind control of the population. Just mention 911, Iran, Osama, Saddam, Al Qaida, terrorism, ISIS, Putin and on and on and the subconscience minds of the population go into fear mode which opens the door for manipulation of the population such as the passage of the patriot act, NDDA, and our constitutional rights begin to slip away all in the name of security. Yea, I get it, I just like to see what others think first before expressing my opinion. Just like everyone thought gold and silver manipulation was a conspiracy theory, well that was a fact and I think so is this. Aluminum tube does not cut steel no matter how fast its traveling and fires can’t melt it either. So how did they actually fool the majority? Generations of mind control watching TV programming thats how.
if it’s on TV, it must be true.