Україна - Ukraine, the Borderland

This is a snapshot of a nation that has reached the end of its rope. It’s not so much just the most recent events (atrocities? trampling of the rule of law? naked excess of power?). It’s the decades and centuries of pent-up frustration. It’s little people, who are sick of being trampled upon, taken advantage of, robbed of the fruits of their labor. It’s people that have seen through the veneer of what is supposed to pass for democratic institutions, representative legislature and government and realized (yet again) that the system is there to exploit them – not to serve. It's people that are mad as hell, and are not going to take it any more.

Their rage is amorphous, inchoate, not focused enough. The anger centers on the current controversy, the current figurehead – but has not yet reached a level of clarity to recognize that the ‘other guy’ would and WILL be just as bad. The crowd gathers, both in size and in inner strength from its growing mass and momentum. Spaces are occupied, enforcers of the regime are confronted, buildings and objects destroyed. But the most recent spark of the rebellious nature inherent in their DNA ultimately will not generate enough energy, momentum and direction to TRULY change the state of affairs. After the weeks and months of demonstrations, people eventually grow weary and tired. They need to go to work to support their families, they lack the stamina to maintain their protest – and never escalate to truly ‘majority size’ nationwide, nor to overwhelming force against any true target objectives in the capital.

No, it’s not Kiev 2014 -- though it may as well be.

The above shots are from Budapest 2006. If any specific moment in time could be attributed to my waking up, and beginning truly look around (besides the one previously mentioned), this was it.

The setup:

The prime minister (no proper noun status for him) is holding a speech at a closed conference for his party, following an election they had just won. The speech is surprisingly frank, detailed, and incredibly incriminatory. It is leaked four months later to the state-owned national radio, and is broadcast nationwide. Whether the leak is from an embittered party member, a planted mole from the opposition, or a byproduct of the wonderful All_Seeing_Eyes_and_Ears™ system deployed by the No Such Agency and its cohorts worldwide is an interesting detail, but one I have no answer to.

The salient points of the speech:

“There is not much choice. There is not, because we have fucked it up. Not a little but a lot. No European country has done something as boneheaded as we have. It can be explained. We have obviously lied throughout the past one and a half-two years. It was perfectly clear that what we were saying was not true. We are beyond the country's possibilities to such an extent that we could not conceive earlier that a joint government of the [socialist party] and the liberals would ever do. And in the meantime, by the way, we did not do anything for four years. Nothing. You cannot mention any significant government measures that we can be proud of, apart from the fact that in the end we managed to get governance out of the shit. Nothing.

If we have to give an account to the country of what we have done in four years, what are we going to say? Naturally, it is [i.e. the government's work] not constructed nicely, calmly or scrupulously. No. No. It is being prepared at a mad break-neck speed because we could not do it for a while in case it came to light, and now we have to do it so damned desperately that we are almost at the breaking point. And then we slowly end up falling over. Because we cannot do better in keeping up the pace. This is the situation.”

They essentially cooked all the books (labor/inflation/debt statistics/budget) in order to a) secure elections by projecting optics,  b) secure loans/funding to ensure a), and c) to (appear to) meet EU requirements. The same that all other periphery EU members did/are doing, the same that USGOV is currently doing, etc.

On one hand, the (much longer) speech was a welcome breath of fresh air. At least they RECOGNIZED their incapability to govern, at least they acknowledge the tremendous problems facing the country. The quote above is taken out of context (as these things always are), and is actually part of a motivational speech to the party faithful. It talks of pulling ourselves up by our bootstraps, and changing the quagmire we find ourselves in. Reforming the system. Making things different this time.

On the other hand, this is just another version of the same breed of political animals that infest many other parts of the world. Come to think of it, ALL parts of the world. Sociopaths who will say and do ANYTHING to cling to power -- including tearful confession of past wrongs, and chest-thumping pledges to do better after being born again.

I almost felt a little sorry for the guy. But only almost, as of course our gentle protagonist had made himself a multimillionaire by what the country more or less universally believed to be his access to the capital, connections and cronyism arising from his leading role in the fading communist nomenclatura of the previous regime. His defense of the whole affair is here, for the sake of completeness. The sad part is that one may almost believe his sincerity in intending to effect change for the betterment of the country – until sanity reasserts itself.

Some highlights of the months of protests that followed the revelations:

The crowd was more than a little upset by the fact that the evening news of the primary national TV channel announced that ‘around 900 people were demonstrating’. Their numbers at that point were in the tens of thousands. Marching over to the TV headquarters building, they attempted to get a petition aired. After the demonstrators besieging the TV building beat back several police attempts to disperse the crowd, the building was evacuated and the station was shut down. Upon reaching this impasse, the crowd escorted the remaining riot police back to their unit. The petition was aired the next day.

An enterprising group of gentlemen brought a set of truck batteries and jumper cables to the park in front of city hall, where WWII-era tanks were parked on display. Breaking into one of the tanks, they connected the batteries, fired it up and let it rip. While foolhardy and certainly risky in such a crowded urban environment, I cannot help but cheer them on whenever I see this:

And it makes me extremely mad to see the idiocy of the representatives of authority responding thus to a decommissioned, de-weaponized T-34 in the middle of such a crowd of citizens:

This guy is certainly going to have some tales to tell his grandkids…. He ended up with a probationary sentence, and a 3-year ban from driving.

But in the end, it was all for naught. The ‘elected’ government stayed in power, though the 'Justice Minister' and the national and capital police chiefs stepped down. The pm eventually abdicated to another party crony three years later.

In the election that followed in 2010, the nation elected ‘the other guy’ -- who had been prime minister BEFORE the then-current corrupt, socialist governemnt. The guy who was supposed to be the antithesis of the corruption, unaccountable greed for power and money that the previous regime represented. He was already on record for having, among other things, awarded the contracts for supplying materials for expanding the interstate-highway system in the entire country to… (wait for it… wait for it…) a construction firm owned by his father. The litany of other similarly ethical/wise/beneficial feats of governance in his second, currently ongoing term would fill a book.

The way to discern a true revolution is that it rapidly ends in one of two ways: abdication of government and lots of executions, or defeat of the rebels and lots of executions. If neither of the above happens, the social upheaval in question can (in my mind) be thought to have ultimately never truly reached a revolutionary state. The problem is that over the centuries, professional agencies have grown remarkably adept at fostering/igniting existing powderkegs (of their own making, in many cases, though not a prerequisite) into ‘revolutions’. Hijacking existing revolutions is even easier. This latter version ends in feigned concessions and gestures to placate the populace who have been allowed to vent their ‘spleen’ against the authorities. Different cronies are hoisted, not to lampposts, but to positions of power. Say hello to the new boss, same as the old boss. Or even worse, these situations can devolve into full-scale civil war – with the final end of the spectrum being proxy warfare between competing empires.

These pictures actually ARE from Kiev from the last few days/weeks:

(Notice the creative application of heavy machinery and recycling of police gear)

Current newsfeed of events can be found here.

I do find it more than a little convenient that such a significant degree of unrest should develop on the doorstep of the New Russian Empire. Along with the Syrian forensic photos (sponsored by today’s broadcasting partner, Diamond Level contributor Emirate of Qatar – which is not to say the Syrian regime DOESN’T commit atrocities against its citizens) and the ‘shocking expose of gold-trade-related corruption’ in Turkey that the (also-guilty) government of Erdogan seems to have ‘resolved’ (thanks ag1969). How very opportune. All that is missing is some kinetic action that goes beyond the ski jumps in the Black Sea resort next month… as promised by that favorite Bush brother, Bandar earlier. I guess we’ll see if that conversation was a red herring, and/or where the imperial entanglement lines truly lie. Then again, someone ELSE could actually do it, and then merely reference those alleged comments and have SA take the fall. The possibilities are endless…

My heart is with the people of Ukraine. I sincerely hope their perfectly justified anger at the current system, at the power struggle they find themselves trapped in the middle of, at Russia AND the US finds a more focused, organized and effective shape. I wish them godspeed in their attempt to reclaim their birthright of freedom, (true) self-determination and the prospect of building a better life. I truly hope they can do better than their current, recent and more distant historical predecessors/counterparts/neighbors were able to do.

Author’s note: I am, despite the much-discussed obstacles in the path of free enterprise, in the process of planning for starting a business. This is taking up a lot of my time, and thus my notes will probably become less frequent for a while. For any of you software development/DBA-minded Turdites interested in an epic WISA vs. LAMP cage-match in large data, distributed storage/processing arena, do drop me a line via PM (larger-scale project for competent and experienced PHP/MySQL team). For other employment/venture ideas, this link goes to a forum I started a while back (that ultimately went dormant). I would encourage all so inclined and positioned, to post your ‘help wanted’ ads, venture ideas or any other employment-related thoughts.

62 Comments

Boswell's picture

Up Late???

I'll be first to say, I've been watching these protests with great interest... Picking up tips & strategies for later! ;-O

proformatrillionaire's picture

2nd

Thanks for the interesting post. I am up early because I can't sleep even though I have been working 70 hours per week lately. I will try catching up on Turd world today. I have to admit, I was not aware of the protesting in Russia. I guess I have been focused on work and negative real interest rates domestically. Certainly feels like a false flag event the good ole USA is imminent.

sengfarmer's picture

thanks JY

That is the problem, we are mere irritants to the elites. The FSA outnumbers us and won't upset their gravy train.  The end.

sierra skier's picture

These folks have been misled 

These folks have been misled  for too many years

sierra skier's picture

These folks have been misled 

I love the fact they were able to fire up the tank.

tyberious's picture

4th turning?

Aquarius? The Great Awakening? Something wicked this way come.

Great Article

TomMack's picture

thanks JY

Super post and great eye opener.

From the US Declaration of Independence... "When in the Course of human events........Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form"

It seems that the waves of civilian dissatisfaction around the world are more frequent.  When the next .5% (well off but powerless) join the 99% the TPTB will be toppled along with crony governments.  A great reset seems to be at hand.  Where and when is any's guess but like a coiled spring something somewhere is going to give.   

Stack on as best you can it won't be easy to hold your stack.

ps I miss Puck. His insight would be fantastic 

ag1969's picture

Corruption, The Dukes of Hazard, and Revolution

JY, nice job and I wish you all the best in your new endeavor.

The little Ag's have taken a liking to the old Dukes of Hazard TV reruns.(Sigh)

They were watching an episode this morning where the repugnant, corrupt "Boss Hogg" has gotten himself into some trouble by doing a diry deal with even dirtier people than himself.  He employs the Dukes, whom he is constantly trying to exploit by using his power and authority to subvert the law and put his boot on their neck.  Being the Good Ole Boys that they are, and in the interest of saving their homeland (Hazard County) they help Boss Hogg, capture the bad guys, and as soon as they complete this task and free Boss Hogg, Boss Hogg immediately turns on them and goes right back to stomping on the neck of the Dukes.  Roscoe, his lacky, looks at Boss very confused after benefiting from the kindness of the Dukes, that he looks at Boss Hogg and says, "Boss, can I ask you a question?  Just whose side are we on anyway?"

Boss Hogg replies, "The winning side you idiot."

A perfect representation of the world we live in today.  The politician has no loyalty to anyone or anything.  He has spilled no blood for freedom, and has not pledged his sacred honor.  He exists only for his own, selfish, dirty, personal gain.  He will turn on anyone that stands in his way of stealing more money from the honest folks of Hazard.  He stands for no principles, morals, and does not abide by the Golden Rule.  Boss Hogg personifies today's political class.  He personifies both Democrats and Republicans.

In The Dukes of Hazard, the good ole boys always win the day, simply by doing the right thing.  It might be considered revolutionary to stand up and fight against a corrupt government, but it is the right thing to do.  They are the lawbreakers, they are the terrorists, and they are commiting atrocities the world over in the name of the good ole boys, just so they can be on the winning side, the good ole boys be damned.

The Dukes don't seem to care about all of Boss Hogg's nefarious activities, so long as he would just leave the Dukes alone.  But he doesn't leave them alone.  He always needs their compliance in order to commit his crimes and validate his power.  But every time he stomps that boot to hard, the good ole boys push back.

Abguy4 has some quote in his signature that says, "As our dear Bob Dylan told us ; "To live outside the Law. YOU must be Honest"

If you remember the song, those Dukes "have been in trouble with the law since the day they was born"

Sound familiar?

ivars's picture

Ukraine will be split in 2 ;

Ukraine will be split in 2 ; problem areas are Kiev and Crimea. Both sides are irreconcilable since it became independent.

Something else struck me:

Already now USD is on gold standard in a sense you can buy gold if you have USD, no? It is redeemable in gold.

The value is fluctuating but they will learn how to stabilize it within +- 15% corridor with CB or state interventions. When they will collect big enough gold pool - I expect in 2017 - UK, Japan, Swiss, USA- may be loaning to themselves gold that is physically in their countries- they can stabilize the price at around 1500+- 15% . 

Of course, they will have to manage debt very strongly and money supply but that is nothing new- it was done in last century, there are still books around how to do it and some people alive who has practiced it in 50-ties and 60-ties.

Pining 4 the Fjords's picture

Powerful stuff as always JY

Really interesting.  I cannot help but wonder how such pictures would be different with a populace that had not been disarmed for generations  by communist rule.  The guy with the shield and the hatchet is at a great disadvantage to TPTB.  If he were carrying an AR, not so much... I have no idea if that would just mean TPTB would up the ante with Hellfire missiles etc. but it is an interesting question.

JY896's picture

When it's on for real...

...you'll know. That's when several hundred thousand gather not in the main squares and at parliament -- but at the armories, barracks and police headquarters.

Having arms is one thing, a willingness and ability to use them in an organized manner is also required.

We'll see. It's a process, not just a moment in time. The fact that they are out there in the middle of the Ukrainian winter is in itself a strong sign of commitment -- but true desperation is necessary for armed revolt.

Orange's picture

Ukraine - Repost from what I posted in the vault.

After reading about the plight of the people in the Ukraine and listening to a BBC interview where they show the demonstrators keeping warm with Borscht, I decided to look it up and make it for dinner.

It truly does look like a society run by thieves where their citizens have woken up and will stand their ground. I wish them the best and all success.

Obummer should listen, as American are beginning to wake up.

Here is the recipe for those that might want to try it.

Have a great weekend. (edit, beef has been cooking for an hour, smells great and only $5.99 a pound for grass fed)

Borscht Recipe

  • Yield: Serves 6.

INGREDIENTS

  • 8 cups beef broth*
  • 1 pound slice of meaty bone-in beef shank
  • 1 large onion, peeled, quartered
  • 4 large beets, peeled, chopped
  • 4 carrots, peeled, chopped
  • 1 large russet potato, peeled, cut into 1/2-inch cubes
  • 2 cups thinly sliced cabbage
  • 3/4 cup chopped fresh dill
  • 3 Tbsp red wine vinegar
  • 1 cup sour cream
  • Salt and pepper to taste

*Use gluten-free broth if you are cooking gluten-free

METHOD

1 Bring 4 cups of the beef broth, the beef shank, and onion to boil in large pot. Reduce heat, cover, and simmer until meat is tender, about 1 hour 30 minutes.

2 Transfer meat to work surface; trim fat, sinew and bone and discard. Chop meat; cover and chill. Cool broth slightly. Chill in pot until cold, at least 4 hours and up to 1 day.

3 Spoon fat from top of chilled broth and discard. Add remaining 4 cups broth, beets, carrots, and potato; bring to boil. Reduce heat, cover, and simmer until vegetables are tender, about 30 minutes.

4 Stir in meat, cabbage and 1/2 cup dill; cook until cabbage is tender, about 15 minutes. Season to taste with salt and pepper. Stir in vinegar.

Ladle soup into bowls. Top with sour cream and remaining 1/4 cup dill.

brokerk22's picture

$1500

Ok Ivars I have heard your $1500 gold target price to be set by government.   I also have heard your $1250 target for gold this year.  I will be the first to say bullshit aint gonna happen because I know no one else will.  Also I will be here to call you out on it when it gold blows through new highs as well.  Your contributions are appreciated however.  I also dont want to hear any bitching I am entitled to disagree with his assessment which in my opinion is laughable.  

AlienEyes's picture

Dawn of the Dead

"Freedom's just another word for nothing left to lose."

When the brain dead are faced with radically reduced free sh!t, they will demand that more wealth be stolen from the middle class to provide their free lunch, at the expense of others. As is their custom, the mindless masses will once again burn their neighborhoods to the ground.

To the middle class, the mindless minions of stupidity are disgusting uncivilized parasites. To the uber rich, they are an easily lead army of idiots, willing to do their bidding for what amounts to a handful of trinkets. When the shtf, and at some point it will, the only meaningful question will be, "Who is standing in front of the fan?" Meaningful change will only come when the "more money than god" crowd is threatened or directly attacked by the AR armed "we're mad as hell" crowd. The attempted confiscation of firearms will probably be the trigger point when it becomes apparent that one must "use 'em or lose 'em". Once they are lost, the US will be in the same sad state as the neutered and helpless UK.

Bollocks's picture

Nearly $100,000 bid (so far) for a Nintendo game

cavalier's picture

Turd's Podcasts are Incredible

I love listening to Turd's podcasts and would urge anyone who does not currently subscribe to do so.

Events that affect gold and silver are happening so quickly and with such significant effects on price that you are at a disadvantage without Turd's daily insights. I listen to the podcast on the way to work and it gets me ready for my game day. For $10 what do you have to lose? Try it, you will like it. The vault posts and A to A are an added bonus. 

Bollocks's picture

Orange

Looks like there are many interpretations for Borscht. I know it well, but the version I was bought up with didn't have any meat, carrots, onions, potatoes or cabbage in it. It was basically a very pure beetroot soup.

Hated the stuff myself.

fraxinus's picture

Ukraine is doing just fine, thanks

An underwhelming 17 per cent Russian minority, which is emigrating at a good rate. A fast-growing economy, which admittedly started from a low Soviet-era base. A patriotic, democracy-loving population that will sweep aside the present government in the next election. And dammit, the demonstrations in Kiev put the fat and lazy ass-sitters in other countries to shame. yes

Bongo Jim's picture

Big Joe

Has an ax and a shield just waiting for Kelly to give him the word.

I Run Bartertown's picture

Ukraine

It is unfortunate that their choices seem to be so limited. It appears that what the protests will likely usher in is the country being sold to the EU. From what I can see, there is a subset of protesters that want neither EU nor Russian dominance, but they don't seem to be the core and would surely be resisted by both the current government (with Russian support) as well as the protesters (with EU support). So they get squeezed between bad and worse, never sure which is which. Wishing them all the best...

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r_p_020494e3bc45b653d0328d3543316b69.jpg

I love this statue. Nothing like this on the National Mall in D.C.

abguy4's picture

Gotta Chime In.......

JY , the article is Grrrreaaaaate. But, I got a big BUT with your later comment;

When it's on for real...

.".you'll know. That's when several hundred thousand gather not in the main squares and at parliament -- but at the armories, barracks and police headquarters.

Having arms is one thing, a willingness and ability to use them in an organized manner is also required.

We'll see. It's a process, not just a moment in time. The fact that they are out there in the middle of the Ukrainian winter is in itself a strong sign of commitment -- but true desperation is necessary for armed revolt."

No,No,NO ~! Not an armed revolt.

I see that as wrong on so many levels. An armed revolt is frkn doomed before it starts. You cannot even gather a group to discuss it. What are ya gonna do for communication? Telephone, Internet? You'll be infiltrated before the third email.

Let's suppose you do some-how get a group organized. How da hell do you intend to go up against a trained army, who have weapons most of us have never seen. And they are trained in the latest warfare.

No, armed insurrection is what TPTB want; You fighting their jack-boot storm-trooper zombies, while they sit in their mansions and laugh at the TV coverage. And then institute Martial Law, which is the first stepping stone in their plan. They want your knee-jerk reaction. They are planning on it.

What amazes me totally is that these desperate souls choose to go into the streets to kill - or more likely BE killed by the local armies.

The local armies DID NOT pass the laws or take the kick-backs or steal the pensions. The Pres and the congress and the Bankers did. Why-O-Why do these desperados NOT attack the mansions where these psychopaths live?

We have 100 million gun owners in this country. Why haven't we read about some dude going to Wall St or Goldman Sachs and going beserk on a few 100 of those psychopaths? We all know where the problem stems from,  don't we?

I don't wanna shoot the cop that lives next door. BUT, We need to stop supporting and contributing to our own enslavement. A nice peaceful total tax revolt maybe? I dunno, revolution is not my forte.

I'm reminded of that cartoon where the two sheep are looking at the sheep dog who is herding them, (while the sheep herder looks on from up on the hill), and one sheep says to the other; "I'm telling you buddy, the dog and the man are working together~!"

Orange's picture

Bollocks

I suppose there are many versions, however I can tell you after cutting the meat from the fat and bone from the beef shank, I can understand why you might not have seen any beef. There is not much there.

In any case, if it was 2 a.m and -20c, I can fully understand why the Ukrainians would appreciate a hot cup of Borscht, perhaps they also add a little whiskey to it.    

Citizen Doctor's picture

abguy...

I'm with you, and so are Einstein and Gandhi.

And I remembered seeing that cartoon somewhere:

Great article, JY. Thanks for your solidarity.

Citizen Doctor's picture

I Run Bartertown...

Thanks for those beautiful pictures of the Maidan, before it began to resemble a war zone. I love that statue of the founders of Kyiv too, and have sat next to it many times.

For those interested in a behind-the-headlines view of the political situation in Ukraine from a Ukrainian anarchist, I recommend this interview.

I Run Bartertown's picture

Citizen Doctor

Glad to! And you saying thanks gives me an excuse to post a couple more. smiley

graham-lawrence-motherland-statue-rodina

hetman-bogdan-khmelnitsky-statue-kiev-ukkiev_ukraine_759890.jpg

Their monuments have a sense of embracing Glory more than those in the US. The Washington Monument is pretty nondescript. Lincoln's is reflective, MLK's is ...well, less than glorious...

Ukraine_costume.jpg

Whoops, how did she get in there?

Edit - and thank you for the link to the interview. The panicky character assasination is to be expected from a Leftist anarchist (he even complains about a split between his type and 'manarchists' that consider his kind pussies) but his worry that Svoboda (Freedom Party) nationalists have seized the momentum from Klitchko's EU sponsors is a beautiful thing.

He even says :"Also (the supporters of the Customs Union) have very stupid political leaders, for instance the main political force, which had organised those protests (in favor of) the Customs Union, (had) as their main point of anti-EU propaganda (the claim) that the European Union will bring about the same-sex marriage, and non traditional things which supposedly would not be welcomed by the Ukraian population. They even invented the term “Euro-sodom,” like (in) Sodom and Gomorrah."

He derides it, but this is exactly right, along with all of the associated plagues of the MultiKult. Priority #1 would be breaking the Orthodox Church, followed closely by DIEversifying Ukraine beyond recognition.

woofwoof's picture

One never faces a superior equip army head on.

One never faces a superior equip army head on.  When daddy is out protecting the elites a quick visit his family will immediately cause a change of heart.  When daddy must chose between protecting Jamie Dimon or little Tommy Six-pack he will have an epiphany.   

BagOfGold's picture

Since I was a young girl...

I have had the same reoccuring dream...but now the dream comes more frequently...We all have our own demons to do battle with...& I can't help but think...that this dream is just a small part...of a bigger picture!!!...

2TiZoJh.jpg

Bag Of Gold

¤'s picture

The Age of Aquarius

Another insightful post... thanks JY and good luck on your new business venture.  yes

A few more recent (24 hrs.) photos from the Ukraine Chamber of Commerce damote37.gif

image.jpg

Protesters-clash-with-pol-016.jpg

article-2543568-1AE2991F00000578-316_964

¤'s picture

News Blast: World

The Rise of the American Empire - Hans Hoyng, Der Spiegel

Syria Isn't Showing Us a New World Order - Doug Saunders, Globe & Mail

David Satter: The Man Putin Punted - Kenneth Weinstein, RealClearWorld

Don't Worry About Global Inequality - Tim Harford, Financial Times

Iran May Fracture U.S.-Israel Alliance - Robert Satloff, Moment

The New Cold War: China vs. Japan - Shannon Tiezzi, The Diplomat

Has France Gone Neoconservative? - Romain Champetier, The European

France Gets Islamist Threat, U.S. Doesn't - Michael Curtis, Commentator

Is Ukraine America's Problem? - James Carden, American Conservative

European Welfare State Is Changing - Nima Sanandaji, New Geography

Canada Steps Up for Israel - Caroline Glick, Jerusalem Post

They're Cracking Up at the Elysee Palace - Melanie McDonagh, LES

How Is Iraq's Population Still Rising? - Charlotte McDonald, BBC News

Asia Needs a "Normal" Japan - Ananth Krishnan, The Hindu

Egypt, the Collapsing Colossus - The Daily Star

Iran's Charm Offensive - New York Times



Ukraine Must Heed Voice of Demonstrators - Kyiv Post

Abe's Stupid Stunt - JoongAng Daily

Iran's Economy Is Improving, So Much for Pressure - FDD

Is China Buying Up America? - AEI-Heritage Foundation

Erdogan Wanders Off the Reservation - Foreign Policy In Focus

Will Syrian War Last Another Decade? - Strategic Studies Institute

Assad's Hypocrisy -- and America's - Michael Weiss, NOW Lebanon

For Putin, Everything Is Riding on Sochi - Brett Forrest, ESPN The Magazine

Why Russia Is No. 1 in Anti-Americanism - Michael Bohm, Moscow Times

Obama's Diplomatic March to an Iranian Bomb - Reuel Marc Gerecht, WS

What About Palestinian Security? - Matthew Duss, The American Prospect

Iran, Arabia and the Mideast's 30 Year War - Douglas Murray, Spectator

What Japan Can Learn from German Repentance - L. Linquan, Irish Times

A New Franco-German Foreign Policy? - Ulrich Speck, Carnegie

Obama, Stop Jerking Canada Around - Charles Krauthammer, Wash Post

Harper's Unseemly Fawning over Israel - Rick Salutin, Toronto Star

Davos, the Iranian Chutzpah Festival - Jeffrey Goldberg, Bloomberg View

Why Does Davos Get Things So Wrong? - Daniel Drezner, Foreign Policy

Indonesia, Radical Islam and the Asia Pivot - Wibawanto Nugroho, RCD

Rob Ford: Why Canada Isn't Laughing - Gary Mason, Globe and Mail

FIFA Has a Terrorism Problem - David Schenker, Times of Israel

Ukraine's Freedom Again Crushed by Moscow - Con Coughlin, Telegraph

Can Russia or the West Calm Ukraine? - Simon Shuster, Time

At Davos, Iran Tries to Reopen the Bazaar - Jamila Trindle, Foreign Policy

Obama's Syria Policy Is a Total Fiasco - John Judis, The New Republic

Will Japan Abandon Pacifism? - Matt Ford, The Atlantic

Thailand Is Only the Tip of Asia's Iceberg - William Pesek, Bloomberg

A Fine Balance: India, Japan and the U.S. - Dhruva Jaishankar, TNI

H.K. Paper Protests Beijing's Encroachment - Rachel Lu, Tea Leaf Nation

The Last Stand of Hamid Karzai - David Francis, The Fiscal Times

A Forgotten Human Rights Tragedy - Kerry Kennedy, Global Public Square

A Better World Through America - Kevin Williamson, National Review

Is Finland a Victim of Austerity? - Carol Matlack, Bloomberg Businessweek

Bollocks's picture

News seems to be spreading...

The FT Goes There: "Demand Physical Gold" As One Day Paper Price Manipulation Will End "Catastrophically"

Tyler Durden's picture

What have we done: after a series of reports in late 2012 in which we showed, with no ambiguity, that not only might the Bundesbank's offshore held gold be severely "diluted" (follow our 2012 exposes on German gold here, here, here, and here), but that on at least one occassion, the Fed and the Bank of England conspired against the Buba in returning subpar quality gold, the Bundesbank shocked everyone in early January 2013 when it announced it would repatriate 300 tons of gold held in New York and all of its 374 tons of gold held in Paris. But convincing the Bundebsbank to demand delivery was peanuts compared to changing the tune of the Financial Times - that bastion of fiat "money", and where the word gold is mocked and ridiculed, and those who see the daily improprieties in the gold market as nothing but "conspiracy theorists" - to say the magic words: "Learn from Buba and demand delivery for true price of gold", adding that "one day the ties that bind this pixelated gold may break, with potentially catastrophic results."

In other words, precisely what we have been saying since the beginning.

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http://www.zerohedge.com/news/2014-01-25/ft-goes-there-demand-physical-gold-one-day-paper-price-manipulation-will-end-catastr

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