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are Ethiopia and Somalia next to go?
are Ethiopia and Somalia next to go?
I think if you'll check Somalia is already gone but fear not, Canada, yes Canada is a repository of the shiny pieces of carbon
the majority of the people of the world have forgotten history. they have fallen in love with stupidity and because of necessity are returning to practically.
this is suspect, this is the third time you have been 1st †
This is true. There has been no effective national government there for twenty years.
Diamond (for) bitchez!
Djibouti has a largely unknown US C4I complex in the form of Camp Lemonnier - still spelled wrong? - watching entrance into the Red Sea. I think its the only official US base - beachhead for Africa. The 13th demi brigade French Legion still ops out of there also. Also some regular French army. About a million skinnies. Very interesting geology.
Yeah Somalia doesn't have anything to worry about since they don't really have a government anyway
The shift is hitting the fan. The countries in discontent seem to be largely aligned and/or supportive of US interests in the region.
This is an ongoing power shift.
I wouldn't call Djibouti completely insignificant geopolitically. The US has had a signficant military presence in that country for a while.
Agree. Like it's model, the British Empire, US hegemony depends on control of key shipping lanes. The straight of Bab el-Mandab is crucial to supplying Western Europe through the Suez.
Bahrain and Djibouti are two potential flash points where the US has key bases. For context, look at what happened after Marcos was deposed in the Philippines: two major US bases had to close (Subic Bay naval base and Clarke AFB).
The U.S. base in Djibouti also controls the drones operating over the Horn of Africa and across the straits in Yemen and southern Saudi Arabia, as well as serving as a listening post for tat part of the world. The rocket attacks on suspected AQ targets in Yemen were likely controlled from Djibouti.
Much like dollars, diamonds can also be produced out of fairly worthless carbon.
Investment? I think not.
I would never go long diamonds LOL
I think we'll see all kinds of diamonds come out of the woodwork the longer this recession is allowed to go on.
umm you gotta have a gov to protest against , so somalia is out, unless hanging out side pirate bases demanding a cut is considered protesting.
Man, this world wide case of revolutionary lice is getting way out of hand.....er....head.
It's more like a case of a runaway wagon as the horse gets bitten by fleas as the wheels fall off.
SILVER! SILVER! SILVER!
We don't need money. We need a whole new society!
Never mind the diamonds. Mind the oil in Nigeria and Algiers. Not to mention the other resources in Africa. Gold, Silver, and Copper comes to mind.
Since the (upcoming) surge in the price oil, and the other items you mentioned, is now in the vernacular, and has been discussed on ZH extensively, it seems rather logical to expect a jump there. The question is what else, in addition to cocoa of course, will soon be a "story" bubble.
Just a thought- if for some reason, the "debt ceiling" is not raised and the gubmint puts martial law into effect as some say they will, would you trust having your cash in a bank?
Another reason to buy silver and smelt it...
I posted this yesterday.
The problem with diamonds is their value has been inflated by artificially constrained supply for many decades. As a result, I would think the diamond cartel would make sure that diamond prices stay at the ideal point on the supply/demand curve intersection regardless of geopolitical turmoil.
If the idea is to find how inelastic demand is, this could serve as a strawman. Demand for high margin diamonds comes primarily from the uber wealthy who can probably meet new price levels. If the diamond cartel works in unison, it should be an easy transmission.
i junked you, sorry dude†
did you get my email? you seem to like this subject matter!
A good friend of mine is a known diamond dealer in central Europe.
He is one of the guys who does'nt get the De Beer's closed box to sell off to his customers. He can choose.
So we discussed exit strategies to this global mess. He refuted my precious metals arguments in a smart way.
I said hey, I can move USD 1M in platinum in one suitcase.
He replied i can move USD 10M with one diamond I can swallow.
End of discussion!
The problem is knowledge. Not only the 4 C's but also the experience, the suppliers, the dealers, the customers, the entire environment around diamonds, not easy to attain, it all depends on how well you're connected and of course how knowledged you are about the "blood diamond" topic.
But give credit where credit is due, he definitely convinced me on his strategy.
Now the question would I invest with him and do I trust him?
Yes I do, because all the big diamond deals are based on trust, else you're out of business. It's a very small group and that's how business is done since decades, else you're out immediately! Being Jewish in this business has it's advantages. He's living it up.
Many fruits and vegetables on the shelves here in the UK and I suspect most of Europe, are produced in various parts of Africa. Morocco, Congo, Cameroon, and Ghana are some of the big agri exporters.
If history is any predictor of the future, diamonds will indeed be a major source of funding for any wars in Sub-Saharan Africa. Depending on the scale, we could be facing a diamond glut as the factions pay for soldiers, food, and guns with their rocks.
Unfortunately, it'll probably be Coffee, one of my drugs of choice!
the chinese are colonizing africa.
no way i could get the rock off wife's finger no matter the price of diamonds. and besides, after the price i paid with her dragging me to every single diamond parlor to find just the right one for her no way i sell, just on principle alone.
The finger can be removed as well when the price is right. Outsource the extraction and retain plausible deniability.
no i go to hospital a lot with accidents of my arms and fingers. you can drink a whole heck of a lot of water, to get swelling down, and slide rings off with some grease. they cut one ring off my finger, and just had the jeweler re solder it back together.
Just out of curiosity; what exactly does one do to end up in the hospital so often?
Drama Queen springs to mind...
breaking human bones and cutting skin open in varying degrees.
To hell with DIAMONDS! GO LONG FOOD!
want to hear an angry rant on the US and its Mid East policy
check out this interview from this AM (WLS chicago) with ex Shell guy Hofmeister
I suspect the Somalian pirates have used all that blackmail loot to seriously arm themselves. Pirates aren't gonna let some protesters screw around with their chosen, and very lucrative, profession.
If girl's best friend is too pricy, one can always try best friend's girl. ;-)
It’s the United States of Africa coming right at you.
All we need to kick this thing over is a few hundred thousand soldiers, clean and fresh, back from a Vegas massage. You can accomplish almost anything after a well-deserved vacation.
than the market will be spoiled by a flood of blood diamonds.
Civil wars in Africa are not for the squeamish. Don't you all remember how freakin vicious the last ones were?
Not something to crow about.
For real. Nevermind the diamonds, go long on pangas. You could make a fortune selling bulk Frost cutlery machetes to them.
You should read all the bloody details of Rwanda. The French and Brits did just that.
good thing we have cities loaded with africans, huh? Should be real entertaining
It'll get out of control, and we'll be lucky to survive.
As tensions rise in sovereign nations with key US bases the risk of US armed incidents and intervention rises. The stakes just keep going up as the status quo crumbles.
The power elite need to sell guns and steal gold.
remember a few weeks back when all the usa ambassadors were recalled to the home office. i can't exactly remember the timeline but it sure seems like there might have been a heads up in there somewhere.
who knows the truth anymore but i also remember a year ago harry schultz reporting that all usa embassies were directed to keep six months or so of cash on hand for whatever reason. seemed odd at the time. maybe just planning. who knows?
When all of your "secure" communications end up on WikiLeaks, guess a face-to-face has to substitute!
What kind of pervert would get a hard on from the toppling of Djibouti?
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