Boots on the ground news

 

As Putin looks east, China and Russia sign $400-billion gas deal

China and Russia signed a $400-billion gas supply deal on Wednesday, securing the world's top energy user a major source of cleaner fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis.

 

The long-awaited agreement is a political triumph for Russian President Vladimir Putin, who is courting partners in Asia as those in Europe and the United States seek to isolate him over Moscow's annexation of Ukraine's Crimea peninsula

China And Putin May Have Just Screwed America’s Future, And Your Retirement With It

Although receiving relatively little attention from the mainstream media, the Bank of China (BOC) just signed a non-dollar settlement deal with VTB, one of Russia’s largest commercial banks.  The agreement will allow VTB and BOC to pay each in their domestic currency, removing the need for the US Dollar to settle the trade.  This might not sound like much; but in terms of international trade and finance, it is huge.  Since the Bretton-Woods agreement after WWII, nations have used the USD in international business dealings.  But reserve currency status does not last forever.  The Dollar is losing this position, and it will have serious ramifications for the United States and everyone invested in the dollar.

 

As an ex bond/FX trader, I understand the benefits the United States receives as a result of the USD enjoying reserve status.  There is a natural bid, or demand, for entities to own Dollars.  Countries want to store their wealth in an instrument that will retain its value.  For almost eighty years, this has been the United States Dollar.  But we have squandered this position through our financial irresponsibility. As our sovereign debt approaches twenty trillion Dollars, nations and corporations can be forgiven for wondering if we will ever have the will or the means to pay back this astounding sum of money.  They believe we will have to devalue our currency, i.e. print money, to settle what we owe as a country.  Therefore, they are starting to look for other vehicles to store their wealth and settle their transactions

Even before signing this bilateral deal, China in particular has been one nation that has started to move its assets elsewhere to protect its interests. Vince Miller, senior market strategist at Birch Gold Group, believes that the Chinese are putting a staggering sum of their wealth into gold: “When China last reported their gold holdings in 2008, they had 1,054 tons. Since then, they’ve gone absolutely silent on how much they have, but if you start to add up the numbers – the reported imports flowing into the country each month, the estimated NON-reported imports on top of that, plus what the Chinese can mine in gold from within their borders – we wouldn’t be surprised if some recent reports that put the nation’s current holdings in the 3,000 to 5,000 ton range were accurate.”

 

Is there a Plan to use Land out West to Pay our Debt to China?

Has the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once?  As you will read about in this article, the Chinese are on a real estate buying spree all over America.  In fact, in some cases large chunks of land are actually being given to them.  Yes, you read that correctly.  China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people.  Do we really want a foreign superpower to physically own so much of our territory?

The implications of the above article are chilling.  How much more effectively can an enemy operate once they are inside the opposing camp?  Look how well it has worked for those who have hijacked the US Government.  They pretty much run things from the inside, and do so with impunity.  But, recently, a peek into the overall plan may have been revealed.  Again, Michael Snyder provides an insight into the overall plan in the following article.  Is a giant Chinese land-grab underway?  It sure seems that way.  Why else would our government rack up piles and piles of debt, with seemingly no restraint?  That is a good question, and one that leaves me with only one conclusion.  These guys are going to take the cash up front, and leave all of us holding the debt load with our land as collateral.  The solution is getting the land back from the Feds, and back in control of the states.  Ken Ivory and Jennifer Fielder are doing the heavy lifting in this regard, and they need your support.  Please visit the American Lands Council for ways that you can do your part.  Meanwhile, please visit the following link and vote.   I would be interested to hear your opinion on the subject.

The Future Of Socialized Healthcare: “There Is No Better Predictor Than The VA System”

 

Is George Soros Engineering Another Black Wednesday?

September 16th 1992 became known as Black Wednesday after George Soros, the Hungarian born banker, short sold sterling, which forced the UK government to withdraw the pound from the European Exchange Rate Mechanism. He became known as ‘the man who broke the bank of England’. It is said he made more than a billion dollars overnight. You can read more about that here.

 

Soros is not beyond positioning himself where he will profit by stock market crashes. A short time ago, he was in the news because he made a billion dollar bet against the S&P 500, a move that some claimed signaled trouble ahead for the stock markets. This week his name is once again being bandied about in financial circles

 

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