Kazakhstan

GoldCore's picture

Currency Wars - Russia Not Declaring All Gold Reserves To IMF?





The latest IMF data also shows that in July, the National Bank of Kazakhstan added 45,000 ounces to its official gold reserves, taking its total holding to 5.1 million ounces. As well as Kazakhstan, other countries in the region have also actively been increasing official gold reserves this year including Azerbaijan, Kyrgyzstan and Tajikistan. Currency wars are set to intensify in the coming months.

 
Tyler Durden's picture

Ukraine's Poroshenko "Optimistic" Over EU Deal, Putin Warns Of Consequences





When two of the richest presidents in the world currently met this morning in Minsk, the tensions was palpable. As Poroshenko (net worth ~$1.3 bn) and Putin (~$440bn) prepared for talks, the threats, promises, and hopes were everywhere...

*POROSHENKO SAYS 'OPTIMISTIC' ABOUT TODAY'S MEETINGS IN MINSK, INTERESTED IN EU, CUSTOMS UNION AGREEMENTS

But Vladimir Putin - having reminded everyone that Russian capital represents 32% of the Ukraine banking system (threat or statement?) warned any EU association pact may force Russia to scrap trade preferences.

 
Tyler Durden's picture

Ukraine Releases Video Of Captured Russian Troops; They "Entered Accidentally" Russia Claims As Putin-Poroshenko Meeting Begins





A Moscow military source told Russian news agencies that a group of soldiers had surrendered to Ukrainian forces after crossing the border by accident. Needless to say, Ukraine didn't buy it: "This wasn't a mistake, but a special mission they were carrying out," military spokesman Andriy Lysenko said in a televised briefing. Russian news agencies quoted a defence ministry source as confirming that Russian servicemen had crossed into Ukraine but saying they did so inadvertently.  "The soldiers really did participate in a patrol of a section of the Russian-Ukrainian border, crossed it by accident on an unmarked section, and as far as we understand showed no resistance to the armed forces of Ukraine when they were detained," the source said.

 
Tyler Durden's picture

Russia Releases Video Of Massive Army Drill To "Contain Armed Conflict In Imaginary State"; Schedules 2 More





Two weeks ago today, on Friday, August 8, the "market" seemingly desperate for any excuse to soar, did just that when Russia, tongue-in-cheek, announced that a Russian military drill, which everyone knew in advance would end that day, and which "worried the US department of state" finished. So by that logic the announcement of a new, and even more massive, military drill by Russia should send stocks crashing, right? We are joking of course: there is no news in this world that could possibly send stocks lower as good news is great but bad news only means even more intervention of various central banks, however Russia did indeedannounce that it will take part in counter- terrorism exercise called Peace Mission in China. All this is happening as Russia is currently taking part in a third exercise, called Interaction-2014, located in Kazakhstan with members of the Collective Security Treaty Organization. The purpose of this particular drill: "seek to contain armed conflict in imaginary state."

 
Tyler Durden's picture

Russia Busts European Sanctioned-Fruit Smuggling Ring





Just days after Russia banned the import of various foods from sanctions-supporting nations, VZ reports Russia's food safety ministry Rosselhoznadzor has discovered fruit being smuggled in via Belarus that was restamped as being from Zimbabwe and various other non-sanctioned nations. It appears the smuggling nation culprits are Poland, Slovenia, and Greece and Russia is now "actively monitoring the situation," suggesting they may extend import bans to Belarus also if the situation continues. In addition, Rosselhoznadzor intends in the future to move to a system of electronic certification of goods in transit.

 
Tyler Durden's picture

Russia-China Launch Biggest Central Asian Military Drill, Testing Surface-To-Air Missiles





More than 7,000 troops from China, Russia and four central Asia countries have gathered in Inner Mongolia for their biggest joint drills "to fight terrorists," but as one analyst notes, "it is kind of rare to have an anti-terrorist mission which uses battle tanks." Furthermore, as part of a drill:

*RUSSIA TESTING S-300, S-400 SYSTEMS IN ASTRAKHAN REGION: RIA

So, surface-to-air missile tests? Not very "de-escalation"-y. Perhaps this statement is a clue, "we are trying to exercise together to coordinate our troops to meet any potential eventuality."

 
GoldCore's picture

Currency Wars Intensify As Russia Buys 18.6 Tonnes Of Gold In June





Aggressive buying of gold and particularly silver by Russia will likely lead to defaults on the COMEX gold and silver futures exchanges and potentially an international monetary crisis. As sanctions, economic war and currency wars intensify we expect Russian and Russian ally buying of gold and selling of dollars to intensify ...

 
Tyler Durden's picture

China Cements Eurasian Trade Routes With Great Silk Road Revival: The Infographic





When it comes to the rise of Eurasia as the ascendent axis set to oppose US global hegemony, conventional wisdom focuses on the roles of China and Russia. However, the changing geopolitical landscape is certainly far more nuanced than merely the "west" versus the BRICS, and as the following infographic from SCMP shows, China has been quietly working to recreate one of the most legendary trade routes, "the Silk Road", linking Africa to the Middle East (Iraq and Iran) to India, to Indonesia and all culminating in Beijing, while at the same time the reverse leg of the route goes to Kazakhstan, Moscow and ultimately, Germany. The purpose: "to enhance political and economic ties with southeast Asia and beyond."

 
Tyler Durden's picture

Netflix Meets EPS, Beats On International Subs, Guides To Lower Q3 EPS And Domestic Subs





Moments ago Netflix reported Q2 Revenue and EPS which were precisely in line with Wall Street estimates, at $1.34 billion and $1.15 EPS. None of this mattered, because just like Amazon, nobody cares about where NFLX is now, everyone is much more focused on where it will be at some indefinite point in the future, with an emphasis on what many believe is virtually unlimited subscriber growth both in the US, but primarily, in the international market. Here is what NFLX reported to its subs growth.

 
Tyler Durden's picture

Russia Puts Troops In Central Region On Combat-Ready Alert After Launch Of Massive Surprise Drill - Video





So much for the Ukraine ultimatum. Just hours after fighting erupted on both sides of the Ukraine-Russian border to commemorate Ukraine's "ceasefire" proposal roundly mocked by the Kremlin, Russian forces in Siberia, the Urals and beyond were been put on combat-ready alert, Defense Minister Sergey Shoigu said after President Putin ordered surprise drills. "Over 65,000 troops, about 5,500 weapon units and vehicles, over 180 planes, and about 60 helicopters will be involved in the test.

 
Tyler Durden's picture

Energy Markets Are On The Brink Of Crisis





The multitudes of people, especially Americans, who view U.S. government activity in a negative light often make the mistake of attributing all corruption to some covert battle for global oil fields. In fact, the average leftist seems to believe that everything the establishment does somehow revolves around oil. This is a very simplistic and naïve view. A very real danger within energy markets is the undeniable threat that the U.S. dollar may soon lose its petrodollar status and, thus, Americans may lose the advantage of relatively low gas prices they have come to expect.  That is to say, the coming market crisis will have far more to do with the health of the dollar than the readiness of oil supply.

 
Tyler Durden's picture

The New World Order And The Rise Of The East





The best lies contain elements of truth. The truth here is that the East is forming alliances in opposition to the West, the West is involved in underhanded covert operations all over the planet, and both “sides” are in fact on the verge of a catastrophic battle for supremacy. The great lie is that important details have been left out of our little story. Both sides are merely puppet pieces in a grand game of global chess, and any conflict will ultimately benefit the small group of men standing over the board. They include the international financiers who have influenced the very policy fabric of each government toward a climactic crisis which they hope will finally give them the “New World Order” they have always dreamed of.

 
GoldCore's picture

Gold Vulnerable To Manipulative Sell Off In June - Bargain Hunters Ready And Waiting





June is seasonally a poor month for gold and technical damage means gold could be manipulated lower again before half year end ... As one astute commentator said on Twitter this week, being able to acquire cheaper gold given the state of the world today is "like being given discounts on life-rafts on the Titanic ... "

 
GoldCore's picture

Gold To See “Massive Shortages” and “Typical Investor” Will Not Be Able To Get Bullion - Rickards





Financial expert, Pentagon insider and bestselling author James Rickards has warned that “typical investors” may not be able to acquire physical gold when prices begin to surge hundreds of dollars a day as “massive shortages” will take place. In another fascinating interview,, Rickards said that gold will become the preserve of the “big guy” in the form of sovereign wealth funds and central banks.

 
Tyler Durden's picture

Buying Of Bonds And Stocks Continues In Event-Free Overnight Session





The complete implosion in volume and vol, not to mention bond yields continues, and appears to have spilled over into events newsflow where overnight virtually nothing happened, or at least such is the algos' complete disregard for any real time headlines that as bond yields dropped to fresh record lows in many countries and the US 10Y sliding to a 2.3% handle, confused US equity futures have recouped almost all their losses from yesterday despite a USDJPY carry trade which has once again dropped to the 101.5 level, and are set for new record highs. Perhaps they are just waiting for today's downward revision in Q1 GDP to a negative print before blasting off on their way to Jeremy Grantham's 2,200 bubble peak after which Bernanke's Frankenstein market will finally, mercifully die.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!