| Western Powers Poke Putin .. |
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Those of us tuned in to the alt-media are awake to the fact that the Western powers have engineered a US-EU-NATO sponsored coup d'etat in the Ukraine, and (again) violated all international laws. So after being schooled by Mr Putin last fall in Syria, where Vlad managed to reveal who were the real terrorists (and from where they were receiving their bucks and bullets), why is the west so determined to poke the Putin? May I suggest that beyond the obvious profiteering by the blue bloods and their Wall Street cronies, and the chance for the lamestream media to spout off about saving the world from an evil tyrant, that the TPTB are desperate for an excuse to tip the financial domino that will set-off a chain reaction of exploding derivatives, and give them cause to deploy their third-world "toolkit" on the middle classes of the west? Que the Cyprus-style haircuts and savings taxes. Last week a close economic advisor to Mr. Putin suggested that there are many ways for Russia to retaliate against Western sanctions, including dumping US government bonds. We also heard from the Canadian ambassador to China that "Western Nations Would Be Hurting Themselves" with any sanctions and seizures of Russian assets. Meanwhile, the Russians have sunk their landmines in Crimea and the Ukrainian-NATO forces are on the move. The west is playing chess with a master who has the right and the might to hit back -- Russia is NOT Liberia, or Libya! Meanwhile, the physical demand for gold and silver continues to set records in China and India (see below), and even yours truly has sold more metal to more newbies over the past month than I have over the past two years. Silver and gold, in your hands, is money that is unencumbered and free of bankrupt counter-parties; please contact me if I can help ...
India Imported 6125 Tonnes Of Silver In 2013
The premiums on gold, currently 15% above international prices, pushed a lot of Indian savers into silver. Indian silver import in 2013 was 6125 tons, and all-time record, up 189% from 2115 tons in 2012. In December silver import accounted for 825 tons, up 108 % from the previous month, and up 6560% from December 2012.
Chinese Physical Gold Demand YTD 369t Up 51 % Y/Y
(Shanghai Gold Exchange) withdrawals in week 8 (February 17 - 21) accounted for 49 tonnes. Year to date there have been 369 tonnes withdrawn from the vaults. If we divide the later by the number of days of the corresponding period (52) we come up with an average demand of 7.09 tonnes per day. China is on schedule to establish a new record, if the world can supply any more gold.
Barclays, Deutsche Bank Accused of Gold Fix Manipulation
Kevin Maher, a New York resident who said he bought and sold gold and gold futures and options, sued yesterday in Manhattan federal court claiming the five banks overseeing the century-old benchmark colluded to manipulate it. Maher cited press reports in his complaint, including a Bloomberg News story last week on a draft paper by two researchers showing what they said were unusual pricing patterns connected to the gold fix. Authorities around the world, already investigating the manipulation of benchmarks from interest rates to foreign exchange, are also examining the gold market for signs of wrongdoing.
TOP 10 SIGNS OF A PANIC IN THE WORLD BANKING SYSTEM
Dear Depositor: We don't want to cause you unnecessary stress or worry, but it might be prudent to pay attention to a series of unusual news reports recently emanating from the banking world. Viewed independently, each event might be rather insignificant. However, when examined collectively, these events paint a very dire warning for the safety of bank deposits everywhere.
Ukraine Capital Control Crunch: Cash Withdrawals Limited To $100 Daily
"Ukraine's largest commercial bank, Privatbank, announced temporary limits on cash withdrawals for its account holders and suspended writing new loans, saying in a statement the measures were intended to stop those undermining the political situation in the country. "A temporary limit on withdrawals is needed to stop the forces that are working to destabilize the situation [and] are using the cash for [their] sabotage."
Happy To Help ..
The incredible paper price attacks of this past year are the very best signal you'll ever get that the coming financial hurricane is closer than ever, and that physical silver an gold ownership is an absolute necessity. We currently have a healthy supply of gold and silver products, in all shapes and sizes. Please contact me for the very best pricing and discreet, informed service.
Kunstler: Clusterfuck Nation
So, now we are threatening to start World War Three because Russia is trying to control the chaos in a failed state on its border - a state that our own government spooks provoked into failure? The last time I checked, there was a list of countries that the USA had sent troops, armed ships, and aircraft into recently, and for reasons similar to Russia's in Crimea: the former Yugoslavia, Somalia, Afghanistan, Iraq, Libya, none of them even anywhere close to American soil. I don't remember Russia threatening confrontations with the USA over these adventures.
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Sovereign Exchange International Ltd.
Steven Merrill, President
www.sovereignize.net
phone:
778.835.7667
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Engage a Rich New Audience; Reconcile to your Private Account; Settle for Metal at Any Time. The Sovereign Exchange was founded by Steven Merrill and a small network of individuals from across British Columbia with a vision to embrace Austrian economic principles and provide a sound and stable payment facility than be trusted for commerce and used to store wealth.
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