Russia's gold accumulation signals their belief that a global currency reset is not only inevitable, but also near

Russia's gold accumulation signals their belief that a global currency reset is not only inevitable, but also near

Moscow continues to hope for improved relations with Washington despite violent opposition from the U.S./UK deep state, while preparing for the inevitable global monetary reset. As the Russian Analyst noted this week, in late spring 2018 the Russian Central Bank dumped most of its remaining U.S. Treasury holdings, leaving approximately $15 billion for dollar liquidity purposes, and invested much of the proceeds into gold. — JWS

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Italian Drumbeat against EU Economic Policy

Italian Drumbeat against EU Economic Policy

President Donald Trump slammed the European Union (EU) during a speech to his supporters in North Dakota on Wednesday. Speaking to thousands of people at Scheels Arena in Fargo, N.D. the President said, “We love the countries of the European Union. But the European Union, of course, was set up to take advantage of the United States. And you know what, we can’t let that happen.The Washington Post columnist Josh Rogin predictably seized on the remarks in the context of trans-Atlantic trade and an alleged conversation between Trump and French President Emanuel Macron to accuse POTUS of seeking to destroy the EU (some would reply ‘if only’). Josh Rogin’s column and CNN appearance is typical “OMG everything Trump does benefits Russia!” neocon hysteria, ignoring the agency of Europeans in determining whether or not the EU will survive and conflating the Franco-German core with ‘Europe’ as a whole.

Nonetheless, Trump has praised former UKIP leader Nigel Farage as “Mr. Brexit”. And there is no doubt Trump sees the EU not as a compliment to American foreign policy but as a competitor, with the bloc running a large trade surplus to the U.S. largely thanks to German exports. What the CNN/MSNBC globalist mouthpiece media ignore is that it will be Europeans, not Americans, who ultimately decide that the Brussels bureaucracy is failing to meet the needs of their people. Naturally the CNN/MSNBC talking heads captive to their #TrumpRussia narratives don’t even mention that, after tearing up the JCPOA with Iran, the Administration is trying to foist expensive US liquefied natural gas (LNG) imports on Europe — and neither policy is supported by the Kremlin.

In our view Europe must return to the original aim of many Gaullist supporters of economic, but not political integration — a free trade zone with relaxed internal borders but strong external border protections, a Continent of sovereign nations at peace, neither inundated by refugee flows nor engaged in a second Cold War with Russia. If Trump accelerates that process by inspiring populist politicians on the Continent like the ‘Austro-Hungarian’, Polish and especially Italian governments, so be it. — JWS

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Russia Begins to Play Its Hand in Cryptocurrency Mining

Russia Begins to Play Its Hand in Cryptocurrency Mining

The Sirius Report's London Paul has a short comment on the acceleration of cryptocurrency and the blockchain in Russia, with the Kremlin and CBRF doing a 180 in the last year from legal ambiguity and wariness to embracing the technology.

Since Vladimir Putin's extensive meeting with Russo-Canadian Ethereum co-founder Vitalik Biturin at the St. Petersburg International Economic Forum (SPIEF), the mainstream media has taken notice: the Democratic Party/Deep State mouthpiece Daily Beast published a piece this week complaining that Russians could use cryptocurrencies to bypass the recently passed Congressional sanctions (aka economic warfare) designed to damage Russia's energy trade with Europe. Now Bloomberg is reporting on an initial coin offering (ICO) to raise $100 million for 'mining' cryptocoins on networked machines or supercomputers, using Russia's vast supply of cheap Siberian hydropower as a selling point to investors. But as London Paul says in this week's article posted at The Sirius Report free section of the website, this is just the beginning, as Russia and China race to cryptocurrencies 2.0 and 3.0 applications. -- JWS

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MOAR U.S. Sanctions Will Accelerate Moscow's Embrace of Cryptocurrencies and Blockchain

MOAR U.S. Sanctions Will Accelerate Moscow's Embrace of Cryptocurrencies and Blockchain

The Russian Analyst was surprised to learn this week that our nearly 60 year old mother-in-law, a former M.D. who works in medical HR, knows what bitcoin is. Moreover, she also knows that one bitcoin is now valued more in U.S. dollars than the spot price for an ounce of gold, and that BTC is a highly volatile asset. While our mother-in- law is not by herself a reliable barometer of what mostly apolitical Muscovites or millions of Russians who watch the same channels she does believe, she does demonstrate that Russians are curious about digital currencies in a low-trust society that mostly still prefers cash to plastic. 

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'Davos Man is Dead': Trump's Proposed EU Ambassador Prof. Ted Malloch Keeps Triggering (EUSSR) Globalists

'Davos Man is Dead': Trump's Proposed EU Ambassador Prof. Ted Malloch Keeps Triggering (EUSSR) Globalists

After being threatened with his ambassadorship to the EU not being accredited by members of the largely toothless European Parliament, Prof. Theodore Roosevelt Malloch continues to speak softly and wield the big stick of acting as Donald Trump's likely envoy to the failing bloc. While team Trump has had its missteps out of the gate amidst a botched (and Obama Defense Department planned to fail?) special forces raid in Yemen, or the flurry of leaks generating both real stories and #fakenews about Trump threatening to invade Mexico, the signaling that a new sheriff is in town to the pampered bureaucrats in Brussels has been unmistakable. 

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Make Austro-Hungary Great Again: Orban Unofficially Endorses Trump, Austrians Reject TTIP Ahead of October 2nd Elections

“Today it is written in the book of fate, that hidden, faceless world powers will eliminate everything that is unique, autonomous, age-old, and national. They will blend cultures, religions, and populations, until our many-faceted and proud Europe will finally become bloodless and docile. If we resign ourselves to this outcome, our fate will be sealed and we will be swallowed up in the enormous belly of the United States of Europe."

"We must therefore drag the ancient virtue of courage out from under the silt of oblivion."

"First of all, we must put steel in our spines, and we must answer clearly, with a voice loud enough to be heard far and wide, the single most important question determining out fate. The question upon Europe stands of falls is this:"

"Shall we be slaves – or men set free?” 

- Viktor Orban, Prime Minister of Hungary

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