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Dora:
Your comment about the elites needing tons of men to fight future wars verses now trying war without men.
After WW1 France found itself to be so short of men of fighting age, verses Germany, that it seriously influenced their military thinking during the inter war period from 1919 to 1939. France’s falling birth rate during the inter war years, meant the French military could not count on births to replenish the lack of men.
This is the main reason, I think, the French settled on a defensive war strategy for the future. In theory you need less men to defend and more men to attack. Thus building the Magnot line all along the French/German border, made sense.
In addition to static defense, the French strategy also called for mobile armored units. The shortage of men influenced the design for 3 man tanks instead 4 or 5 man tanks. The French wanted tanks that required less men to operate.
So even after WW1, the elites in France were already thinking of how to fight a future war using less men and more equipment! They just didn’t get it quite right, despite having mechanized the French army to a much higher degree than the Germans.
This paying for gas in Russian Rubles thingy &is quite simple really.
a) Europe converts Euro to Rubles, then buys gas with Rubles
b) Europe buys gas with Euros and Russia converts Euros to RublesWhat is the difference?
a) can not be sanctioned
b) can be sanctionedIt just puts funds in a bank where the West cannot seize it!
This 5,000 Rubles for a gram of gold thingy.
– This current deal only applies between the Russian Central Bank and Russian banks until June 1st when the 5,000 Rubles per gram of gold price will likely change to reflect the gold market on June 1st.
– This deal is to protect domestic Russian banks, refineries, and gold mines in case the West tries to manipulate the gold market like they did with oil in the past. Gold has remained about $1920 since.
– There are 28.35 grams per Troy ounce of gold. So the current price of gold per ounce is 5,000 Rubles x 28.35 = 141,750 Rubles.
– For a 80 Ruble/USD exchange rate; 141,750 Rubles ÷ 80 Rubles/USD = $1771.88 USD. At that low price no sane Russian is going to sell their gold to the Russian Central Bank!
– So before a Russian would consider selling their $1920 USD ounce of gold to the Russian Central Bank, the Ruble’s exchange rate would have to strengthen to below 73.83 Rubles/USD. (The math; 141,750 Rubles ÷ current $1920 USD ounce of gold price = 73.83 Rubles/USD)
– As for the London/Chicago paper gold markets, it appears to be business as usual. One does have to wonder if they have already sold future Russian gold mine supply that they are no longer going to get due to sanctions. But then again they are pretty good at selling gold they don’t have!V.P.:
Gun control laws are a big asset for armed criminals.
They know their prey are unarmed and easy pickings!
Like Chicago!It isn’t the same in Houston!
There the prey are assumed to be armed!Michael Reid:
My brother (UofW) did a work term with Alcan in Kitimat, B.C. The power plant had a battery room so they could restart the water powered turbines should they all go down at the same time. They used lead batteries that required distilled water top ups. Since these batteries were really old, they wanted to replace them. After studying all options they replaced them with the same style of lead batteries!
P.S. We sure haven’t been getting very many sunny days!
Pondering the WEF’s fatal weaknesses.
I have already mentioned the lack of energy as the first fatal weakness of the WEF’s plans to control the world.
A second fatal weakness of the WEF’s plan is that only the wealthy countries have the luxury to implement the WEF’s foolish Build Back Better agenda. Wealthy countries are the minority in this world. Poor countries vastly outnumber the wealthy. Poor countries simply don’t have the money that the WEF’s would need to implement their plans in these poor countries.The WEFers remind me of the fatal weakness of communism. Communists assumed people would work hard for other people!
But just to hedge my bets on these bat shit crazy WEFers, I hope Putin throws a left-handed monkey wrench into their well laid out plans!
I also hope “socks” Trudeau’s latest WEF’s plan to cut Canada’s emissions 40% below 2005 levels by 2030 speeds up his own demise!
Killing bankers:
That Britain’s parliament was debating various means to kill bankers in 1720s, the timing seems about right. I believe that would have been just a few decades after the central bank of England was established. That means there were still a few alive that understood the evils of Central bankers. Sadly we do know, of course, the central bankers won that debate.Even some of the founders of the USA fully understood the evils of central bankers. But in the end US bankers won, even if it took them another 200 plus years to do so, overturning the US constitution.
Calvin and Camping:
I knew a father who dragged his family camping everywhere. Today none of the grown kids want anything to do with camping! Funny that!
My Father, by the time I arrived in this world, however had had the joys of camping completely drummed out of him by years of rough bush camping up north during WW2 with no netting or insect repellent. Camping was not a safe topic to mention around my Father!When I was travelling the world, I prefered camping in the lobby of the Hilton!
Now I prefer camping at the island cottage!Seabirds:
Now that hot water is inspiration driven by sheer desperation!
Maybe that is the backup plan for when the sun doesn’t shine in Germany!A little Dr. D here.
Russia:
So the G7 and Nato sanction Russia saying the Russians can’t use dollars or Euros. Russia is banned from buying or selling in dollars or Euros. If they have any dollars or Euros, they are now worthless!Logically Putin calmly solves this problem by saying Russia will now buy or sell in Roubles instead.
Now the G7 finance ministers say Russia can’t buy or sell in Roubles but only in dollars or Euros! It seems the WEF crowd suddenly realized that trading in Roubles would destroy their long standing Build Back Better carbon tax “world control” scheme!
P.S. Putin please save the entire world by trading in Roubles only!
Covid:
The very best thing about the covid vaccines is that the WEF are eliminating all of the stupid people who trust their governments. These people are now dying off, all alone, in silence, one by one. If you don’t go quietly, you will simply be cancelled. Since those that believe the promises that their government would take care of them, should the vaccine harm them, are dying or already dead, there is no need for the government to rush to compensate them. The government can easily wait longer than you can stay alive. Afterall the government’s original purpose was to kill you, not help you!Only the smart people who don’t trust their governments, yesterday, today, or tomorrow, will now survive! The non-vaxxed will need to carefully select other non-vaxxed partners, or your line will die out. The “natural” law of the jungle!
Michael:
I love your woodstove! You have the glass doors so you can watch the fire without having to open the door to check the fire’s status. This wood stove is of course much more efficient than the woodstoves my Grandmother or my Great Grandmother had.
Also I think their woodstoves were not completely black but had some kind of lighter colored porcelain covering in the front. More feminine colors! The woodstoves also had round plates on top that you lifted up using a wired lifting handle.
I do know they sure used a lot of wood! That was one of my jobs. To get more wood for the woodstove. You know “just in time” wood!
When my Father was courting my Mom on the farm, one of the tests was to see if he could split wood for the kitchen stove! My Father didn’t think he did a very good job of it, but obviously passed the test as far as the women folk were concern! I am sure they were slightly biased!
Michael Reid:
The pictures of what you have been doing look great!
Good to see that your fresh water storage tanks are near your woodstove and up high, where the hot air is, because the stored water can absorb a tremendous amount of heat.
It reminds me of some European stone stoves that contain a very large volume of stone, in the middle of the house, to absorb the heat from the fireplace. The downside of course is it takes longer to heat the place up but then you can let the fire go out at night and the stored heat in the stones will keep you comfortable until morning. In your case the stored water does this for you. So a great way to moderate the temperature swings in your house.
Yeah, cutting your own lumber and then milling is a good winter project! (The saw dust and milled shavings burn well. I stuff them into plastic bread bags to make my own logs that can be easily stacked and stored.) A lot of work for sure and those saw blades get dull too quickly for my liking. Best to have about 3 blades so you don’t have to constantly stop to sharpen a blade in the middle of a project.
Another thing about cutting your own lumber is how you store the lumber after it is cut. Especially if it needs more drying or is green. I would think knowing the rings in the lumber can help you figure out how to tie various pieces of cut lumber together, to counter the desire for the wood to warp. (I use the tree rings at the ends of the boards to tell me which way a deck board should be placed up or down. Will it warp up or down? Warping up bad because it traps rain water.)
I have often used the thin strips, that come from store bought lumber bundles, placed between boards, for air circulation, before stacking them and then tying them tightly together to try and reduce any future warping. A belt strap ratchet works really well for this kind of job since it doesn’t damage the wood so much. Still using top, bottom, or corner wood pieces helps too. Natually I still put any heavy objects I have handy on top of the tied lumber. (If I use ropes, I usually need to drive wooden wedges under the rope to get enough tension.)
Talking of saw dust, when I was a little kid (3 or 4), my Father had a table saw. He built a wooden drawer underneath the saw, to collect the saw dust. I however loved the saw dust to make little roads on the floor with my dinky toy cars and trucks. Naturally my Father got rather tired of constantly having to clean up my messes. So hidden at the back of the wooden drawer he put a wooden block that had to be turned 90 degrees before the saw dust drawer would open. This stumped me for a week or so until a I got desperate for more saw dust!
After great amount of circulating of the table saw and studying of the problem, I finally figured out how this drawer locking mechanism worked! Ah yes Murphy’s Law! I made my great break through on the very morning the local firemen were going around town checking everybody’s basement for fire hazards! When they came, my Mother confidently let the firemen go down the stairs into the basement since my Father had the night before cleaned up the basement
Since it had taken me some time to puzzle out the table saw’s saw dust drawer, there was more saw dust than normal available! I had hit Fort Knots! So I had energetically spread the saw dust all over the basement floor and was busy driving my dinky toys with great abandon, when the firemen came down the stairs with my Mom close behind! Well you can imagine my Mother’s horror to see all of this wonderful saw dust everywhere! The firemen just took one look, laught, and left!
I was never allowed to live down that event!
Maxwell: Good to see Acme Incorporated is still active, at least in the virtual world!
Today’s good news! We are one day closer to using up the last Ukrainian!
It is hilarious listening to everyday Russian soldiers talking on their radios. A Russian commander demands that tank crews get in their tanks and move forward! The tank crews reply we outta f’king gas! If you don’t get us some f’king gas we might as well f’king go home! Commander, mad, says then f’king go home! Then the general over hears the commander, and says get in your tanks and get moving! That’s an order! A chastened tank crew replies but we don’t have any gas! The general explodes and says then buy some dam gas at a local gas station! Or beg, borrow, or steal some gas! The stresses of war!
Yes, the world is going to hell in a hand basket. Situation completely normal! I am more concerned about the path Little Red Riding Hood is taking our hand basket in. She is afterall vaccine injuried and the hand basket might be heavy. Then there is the small matter of the big bad Russian wolf, ever since granny died from the Fauci’s clot shot, the WEF plot might have changed.
It is very gratifying to see that in Europe, Trudeau’s popularity is lower than Putin’s.
Michael Reid:
Work is love made visible. So true!
But work doesn’t have to be labeled as work!
Doing anything that you enjoy counts IMO too!
I have been collecting maple sap but I am enjoying it, so I wouldn’t call it work per say. Focused effort yes! Holding 500 ml of maple syrup gives me great satisfaction!Your collecting firewood might give you great satisfaction such that you look forward to it! It is hard not to love the sight of a cut and stacked cord of wood!
The same for planting and harvesting a garden like Dr. John Day does!Events in the Ukraine are as clear as mud!
The Ukrainians are clearly losing!
The Russians don’t plan on being finished with the last Ukrainian, until mid-May at the earliest.It looks like at least the eastern part of Mariupol has been cleared of neo-nazis.
It is also possible all of Mariupol has been cleared.
Videos of Mariupol show what I thought was happening.
The Russians are now using the low casualty approach to the neo-nazis.
That means doing whatever it takes to kill neo-nazis without getting killed.
The top halves of tall apartments where the neo-nazis were, are totally destroyed.
You fire a rifle bullet, I fire a 120 mm tank round at you. Any questions?
There was a victory parade in Mariupol today.Clearly the Russian meat grinder is slowly but surely working it’s way to the last Ukrainian.
The Ukrainians, using missiles, hit 2 Russian supply ships in a port. One was damaged and left for repairs. The second ship caught fire so the captain wisely opened the valves and sank the ship to eliminate the risk of it exploding. That was today’s Ukrainian victory.
Meanwhile Biden is in Brussels to convinced the European zombies to jump off the cliff instead of walking along the edge!
Nice of the Europeans to remember Trudeau so fondly! At least Europeans are free to say what we here in Canada are not free to say. And Trudeau wants a new jet so he can to travel to countries that don’t want him.
Remember, we are the WEF’s ultimate target!
The US is fighting the Ukrainian War to the last Ukrainian!
Meanwhile the Russians have switched to a low casualty approach to fighting the war.
That does not bode well for the Ukrainian army.
The Russian army has been in the field for a month now.
They have worked out any kinks, and are now acclimated to local fighting conditions.
They are now a well oiled lean and mean fighting machine.
The same can not be said for the Ukrainian army.
Their is no longer any central Ukrainian army command structure left.
There are no Ukrainian army supply chains functioning.
Individual Ukrainian army units are now left to their own devices.
All Ukrainian army units are surrounded and cannot move.
The Ukrainian army has very little night fighting capabilities.
For the Ukrainian army, simple things like food and fuel are starting to run low.
The Russians are switching to night fighting operations.
All Russian air operations are now run at night.
No surrender now means slaughter.Good till the last Ukrainian.
Clearly the US has long been planning for the war in the Ukraine. Thus the PR propaganda war right off the bat plus sanctions on Russia.
Russia has had over half it’s foreign reserves seized by the US. Why? There are 2 fractions in Russian government, one pro-west, and the other wary of the west. It appears the woman in charge of Russia’s central bank is pro-west and she is the one who left Russia badly exposed. Going forward, however, she has been “ring fenced” by a new committee made up of the wary. They are now in control of Russia’s economy and many aspects of the Russian central bank activities. The wary are the ones who pushed for oil and gas priced in roubles announced today.
That slow joe has gone to Brussels to declare more sanctions, indicates the US is doubling down again in it fight with Russia and her allies. I see it as a struggle between the WEF crowd against those not buying what the WEF is selling.
The WEF are the ones selling higher energy costs through their Build Back Better scheme. The major flaw in the WEF’s plan is the increased dependency upon uneconomic green energy supplies. The major built in problem with green energy is that it takes more energy to create and then maintain green energy, than green energy produces.
One can only afford to dabble with green energy providing you are enjoying good returns on your fossil fuel supplies and only for as long as those supplies are plentiful. Once your fossil fuel supplies tighten and the amount of energy expended to extract them rises, then you no longer can afford the luxury of dabbling in green energy!
Following the WEF script means putting yourself at a competitive disadvantage with those not buying what the shit the WEF is selling! What the WEF is selling is communism! The fatal flaw in communism is expecting that people will work hard for other people! No they won’t! People will only work hard for themselves!
One of the main planks of the WEF is to drive up energy costs. On Biden’s first day in office he signed an executive order implementing Elizabeth Warren’s energy policy designed to do just that! Plus killed Keystone pipeline too. Similarly Trudeau has implemented policies to slow and stop Canada’s fossil fuels industry. I suspect Australia has done the same. Certainly the EU has done so. There is a pattern here.
In the long run I fail to see how the WEF policies will prevail, simply because they require greater amounts of energy to implement combined with policies ensuring there is less energy available!
We are all going to suffer and pay the price for this fatal political intellectual folly, just like Russia did starting in 1917. It took Russia just over 70 years to hit the brick wall of diminishing returns via greater energy expended for less energy in return.
The question is how long can we last doing this?
Oroboros:
I think by using this hypersonic missile, the Russians were also sending a very strong second message to Nato/US.
Those 30 cruise missiles striking near the Polish border without any warning was the first message (we can jam all of your radars)!P.S. I read that Nato special forces were using their cell phones thus tipping off the Russians to their presence. They would likely know better but probably thought they were safe to use their cell phones.
Did you know that Russian submariners are not allowed to wear modern electronic digital watches because the signals from these watches can be tracked! They are issued special old wound watches instead!
Dr. John Day:
Yes, the Mongolians certainly had an edge on their competition and good communications plus training, would certainly go a long way towards achieving that goal. The Greeks and Romans also usually had good battlefield communications (flags/horns) too.
In more modern times, I credit having radios in each tank for the German’s early WW2 successes, especially against France.
I guess, from time to time, we forget to read history!
One thing I would like to mention is something nobody is talking about in the Ukraine right now. Is the spring/fall mud!
The Germans remember!
If Ukrainian mud is anything like Saskatchewan mud, or Wyoming mud, that means you can not go wondering around the countryside as you please!
No, you have to stay on the highways. You are truly stuck on the highways!
If you pull over onto the shoulder of the highway, you won’t be getting back on the highway anytime soon!
Remember the Russian convoy north of Kiev stuck on the highway?
Yeah, it was the mud and nothing but the mud!
Now some Russians did managed to create log driveways to hide in the forests but even that was difficult!So both the Ukrainians and Russians are stuck fighting on the highways in the countryside. Mud plays no favorites!
Dr. John Day:
Since history as we know it has almost always been written by the victors, we will not likely ever know for sure what really happened. The dead then not to write!
Something pushed the Mongolians out of their comfort zone. My guess is once outside their box, they likely discovered that their method of horseback warfare was superior to their opponents and just kept on rolling! No doubt Genghis Khan was a great general, but his victims might beg to differ on his greatness!
The same volcano is also thought to have caused the long drought that ended the Myans empire too.
But we can agree our Deflate, is a great Ivermectin Troll! Somehow that volcano missed Deflate!
Deflate is likely a druggie troll as suggested by Dr, John Day. A sharpe observation! And I agree!
Whenever I go trolling for trolls, Deflate only bites back over Ivermectin!I keep telling Deflate he needs to keep up with current events instead of hiding under his bridge! Deflate you really need to pop up onto the top of your bridge to see who (Hunter Biden!) is really trying to cross your bridge, instead of just growling, sight unseen! Nada.
I have asked Deflate why he didn’t take the promotion “for boots on the ground” in the Ukraine, his bosses recently offered him? Deflate hasn’t been willing to take a “bullet” for team Ukrainian. You sure aren’t very patriotic are you Deflate? Nada.
I have noted that his bosses have likely noted his “lack of” in his upcoming job review and that he shouldn’t be too surprised if he gets less than inflation! Nada.
I have said Deflate was lucky he managed to exit the Washington DC beltway after authorities closed all the exits! If Deflate hadn’t exited , then rising gas prices would have surely “killed” him! Nada.
I have even offered to prescribe Delate some Ivermectin, Dr. Goodall’s cure-all for what ails trolls! Maybe you just missed my offer Deflate?
O.K. Deflate I am going to give you one more chance! We are going to go covid fishing! I am going to put on an “Ivermectin” worm on your fish hook! Are you O.K. with that? You do know fish can get covid too?
Deflate you do know the government is handing out Ivermectin to any deer that have caught covid?
Well Deflate, are you going to bite?
For extra good measure Deflate, I am calling you an “Ivermectin troll”! You druggie!
From Dr. John Day comments: Food Insecurity makes human populations warlike.
An excellent historical example of just this fact, is the Mogolian Invasion! It seems a big volcano in Indonesia caused the climate to change in Mongolia such that grasses that Mongolian horses ate became scarcer leaving only grasses that cattle could eat. The Mongolians, horse based, began losing out to cattle based neighbors. As a result hungry Mongolians started moving westward. We all know about how warlike Genghis Khan was! All because he was likely a member of the Uniparty!
Hunter Biden popping back into the headlines is puzzling. Why now?
Is somebody trying to pull the rug out from under old joe?
VP kamala has gone to great lengths to protect old joe by being even more incompetent!
As bad as old joe is, kamala scares the hell out of everyone!
So whoever wants to get rid of old joe, is going to have get rid of kamala first!
So that theory of getting rid of old joe, doesn’t hold up very well.
Kamala is too good of an insurance policy. One that nobody wants to collect on!So why Hunter Binden now?
As good a time as any to get the laptop out and behind?
Russian propaganda buried in the middle of an anti-Russian op?
Guess nobody will notice.I’mJust to add to Dr. John Day’s hammer/nail scenario.
The US carries a big financial hammer called the dollar.
The problem is that financial hammer is so big, it is hard not to accidently crush what it wants to merely tap lightly, to serve as a reminder who is master.
Bent nails are difficult problems to fix.
A bent nail’s shank never forgets!
Try to re-hammer a previously bent nail!V.P.
Don’t we all feel that way!Zerosum:
Ships entering the Black Sea are having difficulty obtain insurance ever since a ship hit a Ukrainian sea mine and sunk.Ukraine:
About the Russian convoy that was stuck above Kiev. The reason was simple. The ground has thawed turning everything into a sea of mud! To leave the highway meant getting stuck in deep mud! Some Russianhave left the highway to hide in the forests by laying down a path of cut tree trunks!My Backyard Maple Syrup Production so far:
Since late February, I have collected and boiled down about 16 liters of sap (about 40:1) into about 2/3rds of a 500 ml jam jar! I am rich!
Toronto has been suffering from a number of false springs where night time temperatures stay above freezing. If it does not freeze at night then the sap does not flow no matter how warm it gets during the day.
The maple tree needs to freeze at night to reset the conditions required for the sap to flow the next day when temperatures get above freezing. If temperatures remain below freezing during the day, no sap flows either.
I figure since late February the sap has flowed only about once in every 3 days. And on many cloudy days, it barely flows at all. On a really good sunny day, I can collect about 2 liters of sap.
My maple sap season will probably end by the end of March. I keep watching to see if the maple tree’s leaf buds are sprouting. If they do, it is game over for me!Cheers from the land of igloos!
The covid “guerilla” war on the vaccinated people of the west continues daily but is being queitly hiddened and faded into the background by the media, government, drug companies, and the medical profession.
The objective is so people (boiled frogs) become numb and used to the daily casualties covid is causing. Covid casualties are being re-labelled or disguised as other diseases, such as “sudden” death. Out of sight, out of mind!
Speaking of which, our very own “guerilla” troll, Deflate, is doing great work promoting “sudden” death as a perfectly normal everyday life event! Glad to see you managed to successfully exit the Washington DC Beltway, after they closed all the exits! Rising gas prices would have surely “killed” you, if you hadn’t exited!
Deflate, as for the Ukrainian War, how come you didn’t take the promotion “for boots on the ground” that your bosses offered you? You could have made the difference between the Ukraine winning or losing the war! Because you didn’t go, sadly the Ukraine is losing the war! Shame on you Deflate!
We here at TAE are very disappointed in your lack of anti-Russian patriotism, Deflate. You could have at least been willing to taken a “bullet” for the team! Then those Russians would have one less “bullet”! I think this “lack of” will be duly noted on your n3xt job review. Don’t be surprised if you get less than inflation. Maybe that is why they named your handle “Deflate”?
Deflate, as a troll, it seems you are still stuck in the old covid narrative. Covid is so yesterday’s news. Usually good trolls know who is crossing their bridge. Maybe you should pop up from under your bridge to see who is trying to cross your bridge, instead of just growling from under the bridge, sight unseen!
Deflate, you really need to get caught up with the current narrative of fake Hunter’s laptop headlines burying the Ukrainian’s winning the war headlines! Deflate, I am really beginning to worry about your mental health. Are you sure you are O.K.? Can I prescribed you some Ivermectin? It is afterall Dr. Goodall’s guaranteed cure for all that ails bridge trolls!
The only thing I know is whatever our leaders do, it is always aimed directly at us!
We are always the end target!Our leaders are not afraid of the Russian people.
It is us, they are afraid of!Our leaders don’t control Russia.
But they sure do want to control us!So our leaders “appear” to be pointing at the Russians today.
But really they are pointing “directly” at us!I was trying to listen to the guy who said near the end of the video that that volunteering to fight in the Ukraine was a trap. I thought he indicated wounded mercenaries trying to escape to Polandwerebeing removed before the border and not allowed to leave.
I guess so as to not spoil the US narrative that the Ukraine is winning? Wounded mercenaries telling truth to the media wouldn’t be good.
Being hard ofhearing it was hard to follow what he was saying so maybe I got some things wrong?
Leverage: Just to add to Dr. D’s accounting of leverage. Ironically the most used collateral for leverage is not cash but US Treasuries! As we all know cash is created out of thin air and then used to buy treasury notes. In many instances you cannot use cash as colladeral! That is correct! Banks will only accept US Treasuy notes as colladeral!
So in many ways today you do not need a real thing, like a commodity, to create colladeral! Just lots of thin air!
I laugh whenever I see a statement saying the Russian invasion is “stalled”!
The Russians said they want to destroy the neo-nazi Ukrainian army.
So do you invade the parts of the Ukraine where the Ukrainian army is not located?
No, you go where the Ukrainian army is, like in the east and south parts of the Ukraine.
The Russians have the entire Ukrainian army surrounded!Then there is the nonsense that the Russians have over extended their supply lines.
Notice that the Russian army has formed a horseshoe in the eastern Ukraine.
That means all Russian forces are within a days round trip drive for their supply trucks.
Clearly this invasion was planned with army logistics in mind!Then there is the default of the London Metals Exchange in nickel, gold, and silver.
So when the casino starts losing, the casino changes the rules to save the casino’s banks!
That is why we saw gold and silver get taken down in the middle of raging inflation and a shooting war! Thanks JPMorgan! I really needed the excitment!I think with the west unleashing sanctions on Russia, Putin is now playing the commodities game by cutting off many critical exports.
I am now seeing more and more stories in the commodities market about how sudden shortages are causing financial stresses in the west, since commodities are often used as collateral.
We just saw the LME pretend nothing is happening in the nickel market. The Chinese guy still has his nickel shorts. The western banks didn’t dare demand he meet their margin calls because then he would go broke and the western banks would get nothing! So this Chinese guy was smart! If you are going to borrow from a bank, don’t borrow a little, borrow big! Now the banks own the problem! Also being Chinese helped too!
I think we will see more and more margin calls being made. A commodities earthquake is likely just around the corner. Is the Fed ready to play wack-a-mole?
Meanwhile gold keeps falling.
Today the Donbas militia with a “little” help from their Russian friends, took a town about 8 kilometers from their capital, from which the neo-nazis had been shelling the capital for 8 years. This area was likely the best fortified area of the neo-nazis line along the Donbas border, defended by the best troops in the Ukrainian army. Apparently these Ukrainian troops no longer exist. The Russians are likely sending a message to the rest of the Ukrainian army of what is in store for them. Thus a new tone has been set as of today.
Regarding that Chinese nickel short.
The London Metal Exchange has done exactly what I said they would!
Change the rules! Yup! The LME has ring fenced the problem.
The banks won’t issue any more margin calls.
The Chinese guy will keep his shorts.
Everybody is now going about business as usual as if the problem doesn’t exist!
So they are all pretending!That missile strike at the Peace Keeping base seems to have taken more than a few souls. Lots of contractors it seems. They will start being discovered missing soon. Three British so far. US is next to fess up. Brazilians don’t count.
Mariopol seems to be yielding some civilians finally. Russians are clearly taking their time to clear out the neo-nazis. The Ukrainian army is not going anywhere! They are in Hotel California! They can check out any time they want, but they can’t leave! Per the US Pentagon, the Russians are only flying 200 sorties a day!
I have concluded that Putin is the most “responsible person” in Washington, DC!
Putin is responsible for everything bad that happens; like inflation, high gas prices, Ukrainian invasion, food shortages, etc! So Putin is the only adult in town!Washington is having a private conference call with the prez of Ukraine to divie up the $14 billion in aid. It is a big club and you ain’t in it! So no money for you!
A Ukrainian chemical false flag operation should happen any day now.
Clearly covid false flag operations are happening as we speak.
Chooch:
Many people do not know that in preparation for the D-Day Normandy landings the Allies had a gasoline supply pipeline ready to cross the English Channel and had it operational in a couple of days after landing. They then extended the pipeline forward as the front moved towards Germany.
As for trucks there was the Red Ball Express. Military Police set up one way highways for only these supply trucks and nobody else. One going and one returning. The Americans knew their supply math very, verý well!
It is funny that Eisenhower had virtually no power over the US Quarter Master General! Eisenhower specifically told him he was forbidden to set up his supply headquarters in Paris and commandeered all of the best hotels in Paris. Guess what! He did exactly that and there wasn’t a dam thing Eisenhower could do to stop him! He was that powerful!
I remember an unusal interview of a German POW in Normandy asking where all the Allied horses were! The Germans used horses to move everything! German generals in their planning figured they held the advantage in France because they had local supplies of feed for their horses but the Allies would have to bring over all the feed for their horses! Seems hard to believe but it is true.
The reality was the Germans had a limited auto/truck industry not to mention fuel supplies (Canada produce more trucks than Germany!). That is why they put all of their mobile units into a few elite Panzer divisions. In WW2 the Germans used more than twice the number of horses than they used in WW1!
Using sanctions, the west has stopped the flow of Russian mining supplies of gold and silver into the London Metal Exchange (LME). Russia is a major gold and silver producer.
A great deal of each months future supplies from Russian mines are already factured into LME’s future options for delivery, say for example, September 2022. Now this gold is no longer physically available for delivery in September 2022! The Russian central bank is buying all of it instead!
So what will the LME do? Simple the LME will change the rules of the gold and silver game just like they did for nickel recently! Have you noticed any nickel being traded recently? No!
As we speak gold and silver prices are falling despite rising inflation and war.
Good luck trying to buy any physical gold or silver though! There is none available at today’s low dollar prices!
However, you can buy all the fake paper gold you want! Yes, the LME desperately needs you to buy all of their fake paper gold to help them continue their gold and silver scam!
As they say, if you don’t hold it, you don’t own it!
Chooch:
The Germans had to use railways for the same reason Russia has to. The Ukraine is a big country.
But the Russians have one big advantage over the Germans!
Ukrainian and Russian railway gauges are the same, so no need for unloading and reloading freight!As for the war for Mariopol, it will be over shortly. The place is a mess, so nobody really wins, but the neo-nazis didn’t lose. They just died, taking as many of the locals as they could with them.
Oroboros:
Yes paying attention to your surroundings is what saved my Father both times!
He was in thick chest high scrub bush when he heard the bear cubs in Saskatchewan and quickly climbed the nearest tree. Then he met angry momma bear but not until after she had first treed her own cubs! Only then did my Father see the unhappy bear cubs! I don’t think the cubs were very happy about the manner in which the momma bear chased them up the tree! Because of the thick bush my Father stayed up in the tree for several hours until a co-worker came looking for him.
In Quebec, much more open, he saw the bear cubs and quickly climbed the nearest tree. Then he had a quick introduction to another angry momma bear! This time he saw the bears leave and knew when it was safe to climb down from the tree.
Unlike most folks my Father knew about black bears and what they could do. He was in charge of the company’s exploration program, so had years of experience camping out in the north. It was not unusual for a Beaver float plane to strap a canoe to it’s pontoon struts and land in a remote lake leaving him for a week or two before coming back to pick him up. Thus my Father’s tents often had new back doors remodeled in them!
My Father said that whenever the black bears held an empty can, just to lick it clean, their claws always punctured holes in the sides of the can! That was another way my Father knew he was in bear country!
In the summer, my Father had many remote drill camps scattered around the north. To service them he had a large fleet of float planes and a sea plane base to operate from. Due to an accident with a gun, the drillers were not allowed to have guns. But they did have dynamite! So when the drillers had a problem bear, that was not afraid of them and would come into their camp (usually driven by hunger due to the blueberry crop failing), they would often try to kill the bear with a stick of dynamite.
One time the drillers sadly only succeeded in blowing off half of the bears face. Then they radioed my Father to please send a native hunter with the bear gun to track the injured bear down and kill it.
My Father’s favorite bear gun radio message. “At first the bear was afraid of us, now the reverse is true! Please send the bear gun!”
The major problem with Keynes’ economic theories was politicians only heard the first part of what he said, the part that sounded good, but failed to hear the second half, which did not sound so good.
If Keynes was so brilliant, he would have known a little bit about human psychology and adjusted his message accordingly, but he didn’t.
I don’t know too much about Einstein’s E = mc2, but I do know he was a great psychologist, like Yogi Bera. Einstein knew all there was to know about human insanity!
My Father used to say, you know you are in bear country when your tent has a new back door!
My Father was treed twice by black momma bears in Saskatchewan and Quebec.
Both trees were so short and scrawny that the bears could claw my Father’s work boots!Oroboros:
Did you know Cimarron was the scene of the Colfax County War that killed over 200 people in the 1870s to 1880s?
Yeah, a real wild west lawless town!
Land owners verses settlers!
The fastest six gun wins!
Shoot out in front of court house!
Not many western towns can say that!
Gotta wonder if they ever made a movie about it?
