THE EBB AND FLOW OF POLITICS !
Conditions, circumstances and opportunities are continuously changing, and accordingly, political positions change.
For five years, Turkey was dead against Assad of Syria. In fact, it took the leading role in inflaming the Syrian, so-called, civil war and was the vanguard in calling and working for Syria’s Assad ouster.
Then a series of events took place. Turkey got carried away and shot a Russian fighter jet, Crippling Russian economic sanctions were placed on Turkey, the long established Turkish Kurdish ceasefire collapsed and a mini Turkish civil war commenced, the Turkish tourist industry all but collapsed, the Syrian army pulled back from the brink of defeat with Russian air power intervention, the EU reneged on all its promises to Turkey, The USA became uneasy about Turkish policies and made it obvious by supporting the Syrian Kurds to probably create their own state in northern Syria, ISIS began targeting Turkish cities, Turkey became isolated geopolitically and then, came the attempted Turkish military coup to oust the president, which was rumored to have been instigated and/or blessed by the American CIA. The last event was the “straw that broke the camel’s back” causing Turkey to change its policies dramatically. Continue reading “THE EBB AND FLOW OF POLITICS”
THE PROPOSED SOLUTIONS FOR THE DEFICIT ARE INSUFFICIENT
With the shrinking of our income, we have begun to dig up old ledgers in search of scapegoats to blame for the loss of revenue, and thence, in search of someone to burden with our expenses and free more net income for us.
This is very normal thinking and reflects commercial shrewdness usually restricted to private companies.
But, even private companies sometimes fail in tackling excess expenses over revenues, and are forced into bankruptcy, while others downsize to a fraction of their previous self, and a few, find salvation by merging with bigger companies, or with similar but more successful and profitable ones. Continue reading “KUWAIT BUDGET DEFICIT SOLUTIONS”
“A man only learns in two ways, one by reading, and the other by association with smarter people” … Will Rogers,
“Man became free when he recognized that he was subject to law” … Will Durrant, American Historian, Philosopher, Teacher
Opposite to Soros, Rothschild buys Gold!
It is now reported that the Rothschild group are buying gold. Lord Jacob Rothschild expressed his concerns regarding the stability of world markets, and stressed that in such turbulent and unpredictable situations, the preservation of capital becomes top priority – presumably more important than achieving a return on it! He has therefore sold part of his equities’ and placed the money in gold.
This is all very interesting, as a few days ago we pointed out that George Soros, who bought lots of Gold at the beginning of the year was reported to have unloaded his gold holdings and gone short on practically everything including equities and the SP500 index. Continue reading “Opposite to Soros, Rothschild buys Gold!”
ZIKA VIRUS CAN LAST LONGER IN YOUR SYSTEM
New medical research indicates that the Zika virus can last over six months in an infected person, and can transmit it to his partner.
Zika virus can cause birth defect microcephaly, and the mosquito carrying the virus is usually found in hot countries. However, recent infections have been discovered even in Miami.
READ MORE, LIVE LONGER!
A recent Yale university research indicated that those who read more than 3.5 hours a week live longer than who don’t read. Newspapers do not count as reading.
The USA ranked 23rd in worldwide reading in 2015 and Americans purchased 652 million books (both hard copies and electronic).
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RUSSIAN BOMBERS BASED IN IRAN!
Wow, So many birds with one stone. Is this a game changer in the Middle East?
It was reported yesterday (Tue Aug 16, 2016) that long range Russian bombers flew out of an Iranian military airfield to bomb targets in Aleppo, Syria. This is the first time in over thirty years that a foreign a military presence is seen in Iran. And a first for the Russian military in Iran. What does this mean?
The Syrian regime: especially as far as the battle of Aleppo is concerned. It gives Russian bombers better logistics and efficacy (Shorter flight time and, hence, more strikes per plane). Continue reading “RUSSIAN BOMBERS BASED IN IRAN!”
Quotes & Proverbs : Wise, Interesting or Humorous
“A person who won’t read has no advantage over one who can’t read”… Mark Twain
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IS SOROS PLAYING GOLD?
George Soros, the Hungarian/American billionaire investor/political activist is as controversial as they come. He became famous, and a lot richer, when he sold the Pound Sterling short in 1992 and received the title “The Man Who Broke The Bank of England”. He also contributed to the currency crisis of 1997 in South East Asia. And a few months ago, stated that the Chinese Yuan is overpriced and due for a correction.
More recently, Soros was in the news buying huge amounts of gold, including gold mining shares and gold futures. Yesterday, he sold off his gold holdings! Is gold going down the drain?
Possibly, but the market still seems to be bullish on gold. Not to mention that Russia and China have been stocking up huge quantities of gold for over a year now, to reduce their reliance on the US Dollar as reserve currency.
With the reluctance of the US Fed to raise interest rates, probably till the end of 2016 or even till Q1 2017, and with the world political tensions rising at an accelerating pace, one would expect gold to remain in demand as a safe haven.
Then, what is Soros doing selling gold? Profit taking? Possibly, but let us not forget that he is basically a trader and his forte is shorting. Traders have an itch to alternate between bullish and bearish positions, and the bigger and louder they are, the more likely they are to impact the market in their direction – even if only in the short term.
It may not be wrong in the short term, to follow closely in the steps of Soros, the Wizard, but hope he doesn’t veer unbeknownst to us.