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The New New Great Game: Geography, Energy, The Dollar And Gold

Tyler Durden's picture




 

Submitted by Paul Mylchreest of Monument Securities

The New New Great Game: Geography, Energy, The Dollar and Gold (pdf link)

Sir Halford Mackinder’s 1904 speach in which he outlined his “Heartland Theory” was a founding moment for geo-politics. He argued that control of the Eurasian landmass (Europe, Asia and the Middle East), which contained the bulk of the world’s population and natural resources, was the major geo-political prize.

As time passed, energy (first crude oil then natural gas), became increasingly integral to this concept and its strategic significance cannot be overstated.

Remarkably, Mackinder’s theory has remained equally valid, if not more so, in the modern era - although key “pivot areas” for exercising control have evolved. In addition to Central Asia and Trans-Caucasus in Mackinder’s day, the oil producing nations of the Middle East took on increasing importance in the “New Great Game”.

The geo-political confrontation between the US on one hand and China (in increasingly close cooperation with Russia) on the other, is evolving rapidly. We see a “New New Great Game” (NNGG) emerging and have “tweaked” the Heartland Theory to include.

An additional geographic “pivot”, the South and East China Seas, due to their importance in terms of world trade, oil and gas reserves and numerous territorial claims.

A monetary “pivot”, the dollar-based system of world trade and its reserve status. China is taking the lead role in pushing ahead with its strategy of dismantling the dollar’s supremacy.

Geo-political tension in each of the pivot areas is escalating. For example Central Asia and Trans-Caucasus (Ukraine), Middle East (Iran) and South and East China Seas (Senkaku Islands). The rising powers, China and Russia, are adopting more aggressive geo-political tactics towards US/EU/NATO/Japanese interests. The more “dovish” US policy towards Iran, following the recent nuclear deal, is threatening to destabilise the decades-long status quo in diplomatic relations with Israel and Saudi Arabia.

Just about every aspect of the escalating geo-political tension has an energy element, either directly or indirectly. Viewed from a “Mackinderian” perspective, the strategic value of the energy sector is immense. It begs the question whether, after five years of underperformance, the equity market is under-pricing energy assets, including those deeply out-of-favour integrated oil and gas stocks? Probably, in our view.

We believe that the significance of the monetary pivot in the NNGG is under-estimated as China accelerates preparations to undermine the dollar’s role in world trade. The other aspect of China’s strategy is its diversification into “hard assets” and, as far as we can tell, China is attempting to “corner” the market for physical gold. Its strategic significance is lost on most Western investors. We present some insights into today’s gold market which might shock Western investors - similarities with the run-up to the major lows in the gold price more than a decade ago - and China’s understanding of modern gold market mechanics.

The threats to the existing US-centric order are substantial and the geo-political sands are shifting. The US will respond and has the largest economy and military (with vast ocean-going naval advantage), most powerful investment banks and deepest financial markets and significant (albeit declining) political/diplomatic influence. In terms of boxing metaphors, we wonder whether the Ali versus Foreman fight in Kinshasa in 1974 (knockout in the eighth) or the Leonard versus Hagler fight at Caesar’s Palace in 1987 (points victory where the argument as to who actually won continues) will be the parallel.

* * *

From an anonymous source prior to the major lows in the gold price more than a decade ago.

“Someone once said, ‘no one wants gold, that’s why the US$ price keeps falling.’ Many thinking ones laugh at such foolish chatter. They know that the price of gold is dropping precisely because ‘too many people are buying it’! Think now, if you are a person of ‘great worth’ is it not better for you to acquire gold over years, at better prices? If you are one of ‘small worth’, can you not follow in the footsteps of giants? The real money is selling ALL FORMS of paper gold and buying physical! Why? Because any form of paper gold is losing value much, much faster than metal. Some paper will disappear all together in a fire of epic proportions! The massive trading continues at LBMA, but something is now missing...We have reached production costs...The great mistake by the BIS was in underestimating the Asians. Some big traders said they would buy it all below $365+/- and they did. That’s what forced LBMA to go on a spree of paper selling! Now, it’s a mess.”

Interesting?

The gold price is approaching production cost again.

We have the physical versus paper demarcation again (most commentators are clueless on this - the paper market is still determining the screen price, but it will probably die once and for all this time around – the question is at what level?).

The Asians are being underestimated again when the price is declining (although not by the BIS - China is buying physical gold in unprecedented volumes – at least 70-75% of world mining production this year).

But accelerating developments in the monetary sphere is only one element of...

The “New New Great Game”

Mackinder’s “Heartland Theory”

The traditional “Great Game” obviously dates back to the geo-political rivalry between Great Britain and Russia for supremacy in the central Asian region during the nineteenth and early part of the last century. In his famous speech, “The Geographical Pivot of History”, to the Royal Geographical Society in 1904, Sir Halford Mackinder outlined his “Heartland Theory. ” According to Wikipedia.

“This is often considered a, if not the, founding moment of geo-politics...”

Briefly, this posited that the major geo-political prize is Eurasia (the “World Island”), i.e. the European, Asian and Middle Eastern land mass, which contained the bulk of the world’s population and its natural resources. Mackinder argued that control of the “pivot area“ of central Asia was the key to controlling Eurasia.

This is taken from his paper published in the April 1904 edition of the “The Geographical Journal.”

He also emphasised the important difference between sea power and land power. From Zurich-based ISN’s 2009 “Geopolitics and US Middle Eastern Policy: Mackinder and Brzezinski.”

“Mackinder’s theory was a counter-argument to notions that maritime supremacy was sufficient for a power such as Great Britain to safeguard its hegemony. He claimed that, with the emergence of new transportation routes [e.g. Trans-Siberian railway] and technology, a power that could control the centre (and the abundant resources) of the Eurasian landmass...would ultimately be able to attack the colonies of a sea power everywhere on the continent. “

The Trans-Siberian Railway.

In the wake of World War One, Mackinder argued the case for preventing a convergence of interests between Russia and new “pivot” states of Eastern Europe (Austria, Hungary, Czechoslovakia and Poland). This led to his famous dictum.

“Who rules East Europe commands the Heartland;
Who rules the Heartland commands the World Island;
Who rules the World Island commands the World.”

It’s important to emphasise that the pivot area does evolve/fluctuate with changes in geo-political reality. Indeed, Mackinder included the Baltic states in one of his revisions.

As the world industrialised and became increasingly dependent on crude oil (and later, natural gas), energy resources became ever more integral to the Great Game. With such a large proportion of the world’s oil and gas reserves found on the Eurasian land mass, this was easily accommodated within Mackinder’s theory.

The period just before World War One, with the British Navy’s switch from coal to oil and the adoption of the automobile, set the stage for this. Indeed, in 1913, the British government acquired a 51% controlling interest in the Anglo-Persian Oil Company, the forerunner of BP.

Remarkably, the validity of Mackinder’s theory has stood the test of time, even though most people are unfamiliar with it. The following quote is from the Reagan Administration’s “National Security Strategy of the United States” published in January 1988.

“The first historical dimension of our strategy is relatively simple, clear-cut, and immensely sensible. It is the conviction that the United States’ most basic national security interests would be endangered if a hostile state or group of states were to dominate the Eurasian land mass – that area of the globe often referred to as the world’s heartland.”

Right now, it’s obvious that US national security interests are threatened by a combination of China and Russia.

This was the influential globalist (and former National Security Advisor), Zbigniew Brzezinski, writing in his famous 1997 book, “The Grand Chessboard.”

“Ever since the continents started interacting politically some 500 years ago, Eurasia has been the centre of world power… For America, the chief geopolitical prize is Eurasia – and America’s global primacy is directly dependent on how long and how effectively its preponderance on the Eurasian continent is sustained.”

In the “New Great Game”, (NGG) of the modern era, the major rivalry is between US/NATO on one side and China, Russia, other members of the Shanghai Cooperation Organisation and the likes of Iran, on the other.

The “pivot states” in the NGG are.

  • The key nations in Central Asia and the Trans-Caucasus: especially those with substantial energy resources and/or pipelines (e.g. Azerbaijan, Ukraine, Turkmenistan, Uzbekistan etc). Here is a chart showing the major gas pipelines

And the major oil pipelines:

  • The major OPEC nations of the Middle East: here we borrow part of US geo-strategist, Nicholas Spykman’s, “Rimland” theory. Spykman, the “godfather of containment” was both a disciple and critic of Mackinder. He believed that the “Rimland”, European coast, Arabian-Middle Eastern desert and Asiatic Monsoon region was more important for controlling the Heartland.

This was Brzezinksi on the Central Asian Republics, or “Eurasian Balkans” as he terms them in his book. This was in 1997, when China’s economic and military might was still a distant prospect.

“They are of importance from the standpoint of security and historical ambitions to at least three of their most important and more powerful neighbours, namely Russia, Turkey and Iran, with China also signalling an increasing political interest in the region. But the Eurasian Balkans are infinitely more important as a potential economic prize; an enormous concentration of natural gas and oil reserves is located in the region, in addition to important minerals including gold.”

It’s a reminder of the strategic importance of energy and gold and puts the US-supported “Color revolutions” into sharper focus - Ukraine (Orange, 2004), Georgia (Rose, 2003) and Kyrgyzstan (Tulip, 2005).

Tweaking the Heartland Theory

We agree with the modern interpretation of the NGG, but we see TWO additional elements which make the current situation a “New New Great Game.”

... continue reading below (pdf link)

 

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Sat, 12/28/2013 - 22:28 | 4282604 DoChenRollingBearing
DoChenRollingBearing's picture

This New New Great Game...  Can we sit this one out?

 

EDIT:

If we can sit this one out, then Russia and China will eventually duke it out among themselves, maybe with India, Pakistan, Iran, Indonesia, etc. all thrown into that toxic stew...

Sat, 12/28/2013 - 22:34 | 4282616 IridiumRebel
IridiumRebel's picture

No. We are losing. It just depends now on whether we are sore losers and try nuking the other kids who won.

Sat, 12/28/2013 - 22:44 | 4282623 Deo vindice
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DoChen - once we were born, all options of sitting anything out were off the table.

Sat, 12/28/2013 - 22:51 | 4282635 Skateboarder
Skateboarder's picture

That is prime realization number one. Once you have realized this, the only option is to participate or not participate. Either option is respectable and has its merits. To war these factions is species sucide. That is all I will say.

Sat, 12/28/2013 - 22:58 | 4282642 0b1knob
0b1knob's picture

Recycled Nazi propaganda.  

Sat, 12/28/2013 - 23:33 | 4282696 Muppet Pimp
Muppet Pimp's picture

Any foreign entity willing to simultaneously destroy the oppressive criminal syndicate that operates out of NYC, DC, and Hollywood, will be greeted by the oppressed masses of the US as liberators.  Have at em, they do not represent the people of this once great nation.

Sun, 12/29/2013 - 00:22 | 4282760 strannick
strannick's picture

No VietCong ever called me Nigger

Sun, 12/29/2013 - 08:24 | 4282968 GetZeeGold
GetZeeGold's picture

 

 

As long as your gold is gold.......they don't care what you are over there.

Sun, 12/29/2013 - 08:56 | 4282980 Arius
Arius's picture

People shuffling more paper ... thinking how important they are .... Really? 

and these guys with their geopolitics will decide the fate of the world ... right on.  just more shuffling of paper and some people got good paying jobs, thats all this is about ...

geopolitics - yeah, right, go talk to Krugman, you get a better sense of the world

 

Sun, 12/29/2013 - 09:49 | 4283003 Moe Howard
Moe Howard's picture

Nope, but they turned your Claymore around...

Sun, 12/29/2013 - 10:11 | 4283022 AvoidingTaxation
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I tought that only Niggers call other Niggers, Niggers.
Sorry for the out of topic

Sun, 12/29/2013 - 10:46 | 4283044 Zadok
Zadok's picture

Your a little dated, now it's 'Nigga', but yeah it's for bros to call other bros, no Cracka is welcome in that club.

Sun, 12/29/2013 - 15:12 | 4283505 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Do not listen to any RAP music, they say that bad word over and over and it would hurt your feelings. Or are you one of those bigots who believe that some words can be said all the time if your skin color is the right one?

Sun, 12/29/2013 - 00:52 | 4282765 Muppet Pimp
Muppet Pimp's picture
IN CONGRESS, JULY 4, 1776 The unanimous Declaration of the thirteen united States of America

hen in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. — And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

 

Barack Hussein Obama is acting as a tyrant and not within the confines of his legal authority.  Yea, he is a usurper of our liberty and his authority shall not stand.

 

Sun, 12/29/2013 - 02:30 | 4282851 Kirk2NCC1701
Kirk2NCC1701's picture

Who's the scumbag troll who down-voted you for that!?

Sun, 12/29/2013 - 08:16 | 4282964 Mike in GA
Mike in GA's picture

Who knew the DNC read ZH?

Sun, 12/29/2013 - 09:54 | 4283009 GetZeeGold
GetZeeGold's picture

 

 

I've heard Debbie Wasserman Schultz and Nancy Cutter are big ZH fans.

 

They're both blondes.....so they fit in pretty good over here.

Sun, 12/29/2013 - 12:52 | 4283215 Doña K
Doña K's picture

Chemical blondes?

Sun, 12/29/2013 - 11:03 | 4283050 Zadok
Zadok's picture

Sorry (NOT), when it comes to that document and those from whence it was derived, I would suggest moving far away rather than defacing or otherwise denying its truth and by direct inference, my Liberty. Anonymous down votes are safe I guess, yella, cowards!

However, truth, in reality is so beautiful that it needs no assistance from me. It stands alone in its all it's Truthful Glory, it is up to me to participate and make what is within my sphere better. I do what I can where I can to leave it better than I found it.

Sun, 12/29/2013 - 22:07 | 4284265 Overfed
Overfed's picture

My guess is that the junks are for the length of the post, and not its content. Or, it's .gov shills.

Sun, 12/29/2013 - 09:49 | 4283002 eddiebe
eddiebe's picture

Blah blahblah, yes we know, now what are you going to do about it?

Sun, 12/29/2013 - 14:00 | 4283356 Milestones
Milestones's picture

Seens to me, that's a job that "we the people", the soverigns of this nation, should be taking care of now not outsiders; we the people let it happen without lifting a finger. If ya want someone else to do it, why not just let them take the country over. Say, by by a largely criminal element from Mexico?

This response ought to be full of little Ms. Goody two shoes wopping on my ass.                     Milestones

Sat, 12/28/2013 - 22:59 | 4282644 Deo vindice
Deo vindice's picture

Choosing to NOT participate in something is at least a choice. Most people just drift into that perspective by default.

I take my life as a gift from the Creator, and choose to "participate" in the area where I can have influence. In my circumstances I cannot be a sun to shed light on the whole planet, but I can be a candle to light up the corner of darkness around me.

"Refuse to be Average".

Sat, 12/28/2013 - 23:04 | 4282656 N57Mike
N57Mike's picture

Deo V. ..... Edgar Cayce said similar words to the effect of "make your little corner of the world, no matter how small, a better place" ... This is the path of Soul progression.

Love and visions tonight, to all and thank you ZeroHedge.

Sat, 12/28/2013 - 23:44 | 4282692 SafelyGraze
SafelyGraze's picture

the article leaves out the most important and influential "pivot points" of all in the emerging geopolitical "new great game"

- twitter

- tesla

- myspace

- miley cyrus

- zerohedge

- youtube

- herbalife

- blackberry

spot the ringer in the list!

 

Sun, 12/29/2013 - 00:39 | 4282771 SafelyGraze
SafelyGraze's picture

also solyndra

Sun, 12/29/2013 - 09:01 | 4282983 Arius
Arius's picture

yeah right, thats for another set of bureaucrats, it is another division who got to work on that one and update the whole thinking as a "holistic approach" ...there is the term ... there is the idea to employ another useless group of people and shuffle more paper around for people to read, anchors argue on tv (looking smart) and at the end have some kind of funny wars ... sounds like a plan

Sun, 12/29/2013 - 01:20 | 4282809 Anusocracy
Anusocracy's picture

The one that is on the blackberry?

Sun, 12/29/2013 - 13:04 | 4283238 TBT or not TBT
TBT or not TBT's picture

In the case of Miley, the point of interest in the optics of that actually doesn't pivot. The pelvis to which it is attached is fused and so all everything that moves mostly moves around it. Ie the tail actually does wag the dog.

Sat, 12/28/2013 - 23:09 | 4282659 Skateboarder
Skateboarder's picture

Participating entails giving your best to the progress of whatever field of your choosing, on however many fronts... in commerce.

You can do whatever you want for yourself and your loved ones without having to continually participate in commerce to exist. That is the distingushing factor between my 'participation' and 'non-participation.'

So for me to have a piece of land off which I could live, sustain my family, and have the option of participation in commerce at my choosing, I am a free animal human thing. Anything else feels like some bastardazation of something else owning you.

Feel free to hate and stuff lololo.

p.s. giving yourself entirely toward an art or some sort, for the sake of doing so, is awesome as fuck, and in its purest forms has nothing do with commerce. Playing the guitar with the fellas and jamming the fuck out... shit you can't replace or recreate... that's what the passage of time is about.

Sat, 12/28/2013 - 23:52 | 4282722 Tijuana Donkey Show
Tijuana Donkey Show's picture

All that, and some weed to smoke my man, on your piece of earth. 

Sun, 12/29/2013 - 00:21 | 4282751 Skateboarder
Skateboarder's picture

My homie, I downplay the role of helpin others on the regular, becase if I made a big deal out of it, there's nothing left to talk about. We stick together and make the best of what we have and what we to look forward to. As long as you appreciate the company of your best pals, there's nothing no one can take away from you except your most loved ones, and when they do, you go apeshit. That's how the world works, unfortunately. Keep your homies safe forevs, and I wish em the best from the bottom of my heart.

Sat, 12/28/2013 - 23:14 | 4282670 N57Mike
N57Mike's picture

Deo V. ..... Edgar Cayce said similar words to the effect of "make your lcorner of the world, no matter how small, a better place" ... This is the path of Soul progression.

Love and visions tonight, to all and thank you ZeroHedge.

Sat, 12/28/2013 - 23:17 | 4282676 Skateboarder
Skateboarder's picture

Whoa man. Your post showed up cached exatcly ten minutes later than when you first posted. I was refreshing and your shit suddenly popped up. FREAKY!

Sat, 12/28/2013 - 23:42 | 4282709 Deo vindice
Deo vindice's picture

It's gotta be the gremlins running up and down the pipes in the internet.

Sun, 12/29/2013 - 01:11 | 4282791 IridiumRebel
IridiumRebel's picture

I +1'd him and now it's not showing. No shit.

Sun, 12/29/2013 - 11:35 | 4283086 MontgomeryScott
MontgomeryScott's picture

Deo,

PIPES?

NO! The internet is a series of TUBES! Ted Stevens told me so!

http://www.youtube.com/watch?v=_cZC67wXUTs

 

Sat, 12/28/2013 - 22:59 | 4282646 cynicalskeptic
cynicalskeptic's picture

Sadly, an all too real posibility.  The US is the 20th century version of Rome - transitioned from Republic to Empire and now collapsing in fast-forward, destined to complete its fall in the 21st century.  We have followed past historic patterns in overextending our military, vastly expanding our national debt, debasing our money to the verge of worthlessness and increasingly using paid mercenaries to do our military bidding while entertaining our increasingly 'useless' population with 'bread and circuses'.

This is not the first time this has happened  in history but the first time a collapsing Empire has the capacity to destroy the rest of the world militarily even as its economic power collapses.  

So, the question arises - how desperate will the US be to hold onto its position at the top?

Sat, 12/28/2013 - 23:24 | 4282681 kliguy38
kliguy38's picture

precisely.....rephrasing your final question.....and how badly will nature punish the population that grew fat on bread and circus.......while allowing their "leaders" to slaughter and torture as they remained silent....because.....and make no mistake nature will have her retribution......

Sun, 12/29/2013 - 01:28 | 4282817 Anusocracy
Anusocracy's picture

"nature will have her retribution......"

She's been having it all along.

Success attracts failure.

Sun, 12/29/2013 - 11:22 | 4283067 Xibalba
Xibalba's picture

There is a Blood Moon Tetrad coming. Nature is flashing warning signs on its heavenly billboard. Let those who have eyes to see.... 

Sun, 12/29/2013 - 14:33 | 4283414 mickeyman
mickeyman's picture

Monsieur Le Capital creates an artificial nature, which is implied as even more natural than nature. By instituting credit, capital creates the illusion that there can be continual self-creation, instead of an interrupted, episodic self-creation, like nature. The crisis that besets capital is, in fact, cyclical. Madame La Terre reminds us of her existence, and tears to pieces the facade of artificial nature . . . 

                        - Roberto Calasso, The Ruin of Kasch

Monsieur Le Capital does not realize that the movie he is making with Madame La Terre is the remake of "I Spit on your Grave." He's had a good time so far, but we are about to start filming Act II.

Sun, 12/29/2013 - 00:54 | 4282779 reader2010
reader2010's picture

“when a society is reaching its end, in the last couple of centuries you have… a misplacement of satisfactions. You find your emotional satisfaction in making a lot of money… or in proving to the poor, half-naked people in Southeast Asia that you can kill them in large numbers.”

-Carroll Quigley, Oscar Iden Lecture Series, Lecture 3: “The State of Individuals” (1976)

Sun, 12/29/2013 - 01:28 | 4282819 Anusocracy
Anusocracy's picture

There can't be much satisfaction in stealing the willing dupes of the US blind.

Sun, 12/29/2013 - 11:02 | 4283058 overmedicatedun...
overmedicatedundersexed's picture

mind fuk'd:

"So, the question arises - how desperate will the US be to hold onto its position at the top?"

the evidence from the last 40 years is clear, not to the above poster, the control of USA has been taken from the citizen..our country deversified, regulated and taxed, expanded debt, and endless war,not for the good of the USA, and done with snide humor: current potus is not of this land- diebold voting where you cannot get a record of what you just voted for and then to add the cherry on top; tallied in another country no less, (spain)..

At the top military, senate house doj nsa cia..they are ruled from off shore, we are no longer free and are under the control of the unk elite. see CFR and international banks as example.

Sun, 12/29/2013 - 11:33 | 4283081 chubbar
chubbar's picture

Did anyone read the whole report? Go back and reread the last 25% of the report that discusses how Yellen and company are using different metrics to decide when to taper or increase QE. It's fucking hilarious.

Every other year the BLS implements changes to how Unemployment and Inflation are measured. Right now we have circa 23% U-6 unemployment. For those of you just joining us, U-6 is an approximation of how unemployment was measured back in the 30's in the last depression when unemployment hit a high of around 25%.

The Gov't is claiming unemployment of circa 7% or so, someone can jump in with the "real" claim if this number is off by a significant amount. Anyway, this report has the fucktards at the FED looking at this lower number as the metric to decide whether or not the economy is "healthy" enough to begin tapering or requiring additional QE. Well, if you torture a number enough it'll tell you whatever you want it to say and these asshats are torturing the shit out of Unemployment numbers.

Yesterday, another 1.3 million americans fell off the unemployment rolls. These folks will disappear from the unemployment numbers that the FED uses to set policy and the unemployment rate will fall again. Does anyone think that these unemployed shouldn't be counted or that they are no longer an important metric of economic health?

The other metric is Inflation. The Boskin commission of circa 1993 made damn sure we'd never have to worry about how  much BLS needs to torture that particular number in order for it to sing out the proper tune. Core inflation doesn't include the things we actually need to survive (energy/food, etc) nor does it compare apples to apples as was the initial purpose behind the measurement to begin with. Hedonic measurements, Substitution, along with other ridiculous adjustments ensure our complete befuddlement when it comes to what inflation is doing.

So, with the gov't constantly changing the yardstick which the FED utilizes to implement/change FED policy, what is the fucking point of even writing an article explaining the economic theory the FED uses to control the economy?

It is all one big facade and EVERYONE, including this author, should realize this fact! There ISN"T ANY ECONOMIC THEORY THAT HOLDS UP WHEN EVERY METRIC IT IS BASED UPON IS A LIE! I can make 2 + 2 = 100 if you spot me the definition of what each "2" represents and allow me to manipulate that number to fit the result I'm looking for.

Sun, 12/29/2013 - 11:52 | 4283113 eddiebe
eddiebe's picture

Exactly!

People that don't grasp that point and write articles or opinions only confuse and are either stupid or perpetrators of the fraud themselves.

Sun, 12/29/2013 - 18:14 | 4283851 Zadok
Zadok's picture

I think your long and accurate story is that the tortured numbers are for consumption by ignorant (intentionally or otherwise) sheeple, not for the grounded and informed.

Sun, 12/29/2013 - 13:58 | 4283352 autofixer
autofixer's picture

2nd time; the Soviet Union had that capability when they collapsed. 

Sun, 12/29/2013 - 01:53 | 4282842 Buck Johnson
Buck Johnson's picture

Exactly, exactly I totally agree with what you said.  We will nuke it before allowing a win from them, in fact we may make it where China is assumed of planting a nuke in a Russian city.  Our existance is based on our economy, and when that goes the US will go to.

Sun, 12/29/2013 - 05:50 | 4282913 OldPhart
OldPhart's picture

Fuck me...do I sell, hold or buy?

This shit is too confusing.

Sun, 12/29/2013 - 12:53 | 4283217 Uncle Remus
Uncle Remus's picture

See, that's how you cut through the BS and get to the crux of the biscuit.

Sun, 12/29/2013 - 15:17 | 4283510 TheFourthStooge-ing
TheFourthStooge-ing's picture

The crux of the biscuit is the apostrophe.

Sun, 12/29/2013 - 14:11 | 4283374 joe90
joe90's picture

Nah just give your money to them cos they're cleverer. .......

 

Haha they quoted "another" or "FOA"

Sat, 12/28/2013 - 22:58 | 4282641 ManWithaPlan
ManWithaPlan's picture

Our situation today is caused from the inability of the people to defy the power of those assuming it.

Sat, 12/28/2013 - 23:02 | 4282651 Deo vindice
Deo vindice's picture

It's not the inherent inability as much as the perceived inability. Most have been convinced they can do nothing about the situation, so they ... do nothing.

Remember the old nursery rhyme?

For want of a nail the shoe was lost.

For want of a shoe the horse was lost.

For want of a horse the rider was lost.

For want of a rider the battle was lost.

For want of a battle the kingdom was lost.

And all for the want of a horseshoe nail.

 

Do not despise the day of small things ~ Zechariah 4:10  

 

Sat, 12/28/2013 - 23:29 | 4282687 Skateboarder
Skateboarder's picture

This is one of the best posts on ZH I have seen. Thank you.

Sun, 12/29/2013 - 18:16 | 4283864 Zadok
Zadok's picture

Yes sir! My manta is that 'We are well able!', the problem is I can find few that perceive a problem and no one who will get off their derrière.

I NEED a new set of friends and aquaintences!

Sun, 12/29/2013 - 22:47 | 4284364 Deo vindice
Deo vindice's picture

Well, drop over for a coffee sometime!

Fri, 01/03/2014 - 13:37 | 4296947 Zadok
Zadok's picture

What's your 20?

Sun, 12/29/2013 - 01:07 | 4282788 emersonreturn
emersonreturn's picture

manwithaplan

+100

Sat, 12/28/2013 - 23:03 | 4282652 VD
VD's picture

while Rosneft signs a deal to supply China with an additional 200,000 bpd of crude (worth US$85bn over 10 years), Bernanke and soon Yellen print (almost) that amount and soon even more PER MONTH!

USSA is a fucking joke thanks to The Fed!

Sun, 12/29/2013 - 01:43 | 4282832 Freddie
Freddie's picture

Go to Gazprom's web site and you can see all the pipelines going everywhere.  Very impressive.  Putin's in the driver seat.  Kudos to him for standing up for Syria.

Sat, 12/28/2013 - 23:03 | 4282653 VD
VD's picture

we will be checkmated on that grand chessboard....

Sat, 12/28/2013 - 22:29 | 4282607 Skateboarder
Skateboarder's picture

FUCKING REALLY? You misspelled the word "speech" as the fifth word of the article. REALLY?

Sun, 12/29/2013 - 10:58 | 4283056 SolarSystem1932
SolarSystem1932's picture

I told you the NSA is screwing with text, and you keep falling for it.

Seriously, notice the types of errors that drive you/me crazy, and keep you/me from reading an article.  I suspect those errors did NOT appear in original copies.   Nouns and verbs are getting removed from sentences, and that renders paragraphs useless.  Gotta go...

My tin-hat theory.

Sun, 12/29/2013 - 15:36 | 4283541 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

FUCKING REALLY? You misspelled the word "speech" as the fifth word of the article. REALLY?

That is the basics of freadom of speach. Stay irrelevant, do not attain stuff to a mattering degree and somehow you can say everything you want.

Don't sell the US citizenism power apparatus extremelly resilience as a victory of freadom of speach. It is everything but that, and somehow that is very something.

Sat, 12/28/2013 - 22:30 | 4282611 RafterManFMJ
RafterManFMJ's picture

One of the few times I wish I had a color printer; makes me laugh the fucking retards watching 'reality TV' when reality, is, in fact, 10,000 times more fascinating and oh so more releveant to their lives.

Sat, 12/28/2013 - 22:40 | 4282613 Goldilocks
Goldilocks's picture

                                                ...New Great Game?
Conquest (military)
http://en.wikipedia.org/wiki/Conquest_%28military%29

                                                                    ...surely you sarc!

Sat, 12/28/2013 - 22:41 | 4282621 Vint Slugs
Vint Slugs's picture

"On that note, the quotes about the gold market at the beginning of this report (“Thought for the report:
the footsteps of giants”) was sourced from the USAGold website, although it originally appeared on a Kitco
forum. Thanks to the former’s Michael Kosares, the “thoughts” (during 1997-2001) from his source(s) can be
accessed although you have to “search” for the “gold trail”."

Paul Mylchreest's commentary has always been informative, and thanks to ZH for this latest, but in this instance I have to fault him for a lack of intellectual integrity.  He well knows that the "footsteps of giants" and all the rest that follows from that is a concept that was invented by  "Another" and "Friend of Another (FOA)".  He should have the balls to give credit where it's due and should have acknowledged those 2 individuals rather than indirectly refer to them via the Michael Kosares website.

What's the matter Myccgreest?  Afraid you'll be branded a tinfoil hat crazy if you credit Another and FOA?

Sun, 12/29/2013 - 00:05 | 4282732 DoChenRollingBearing
DoChenRollingBearing's picture

Vint Slugs

I missed that, good catch!

Sun, 12/29/2013 - 01:22 | 4282813 Mugatu
Mugatu's picture

I thought his thoughts on gold were off.  Specifically when he says:

"Interesting? The gold price is approaching production cost again."

 

What is so crazy about that?  It is not exactly uncommon for this to happen to any mined resource.  Look back in history and it happens to most minerals quite commonly.  I live in the Oil patch, and we all know it happens every 5-10 years.  You expect it to happen eventually.  Its nature's way of weeding out bad competitors.  Today its golds turn, Oil and Copper had theirs in 2008, Natural Gas has been in theirs for the last 3 years, etc...  This isn't news!  What's more amazing to me is how people are shocked about it.

 

 

Sun, 12/29/2013 - 10:40 | 4283043 sleestak
sleestak's picture

Yes! I spend a lot of time with gold mining management teams, and so many are "bad competitors" with high-cost projects just hoping the price of bullion turns and bails them out.  Every time I think we might get a rally in bullion, I think, "these guys don't deserve it."  There's more pain to come in the sector as the weeding out process continues.  

Sat, 12/28/2013 - 22:43 | 4282627 max2205
max2205's picture

Just another shill piece to keep MIC funded....I don't buy it

Sat, 12/28/2013 - 22:54 | 4282638 Colonel
Colonel's picture

Could be. The United States natgas reserves and now crude reserves are legend.

Sat, 12/28/2013 - 23:09 | 4282662 Son of Captain Nemo
Son of Captain Nemo's picture

Totally concur, and to add insult to our own self-inflicted wound to our economic crisis because of the appetite that MIC has commanded over the past 50 years to control it ALL, we are now wistfully frozen in time with that "shill piece" which was us 18 years ago.  It's all rearview mirror from here on out!

We are yesterday's news and the whole world knows it.

Sat, 12/28/2013 - 23:15 | 4282674 sangell
sangell's picture

Except that most of the world's top research universities and facilities are still located in 'yesterday's news'.  Till that changes I doubt we will sink into complete impotence and failure.

Sat, 12/28/2013 - 23:25 | 4282684 kliguy38
kliguy38's picture

sure they are????? I graduated from one of those "top universities" with my doctoral........and I am hard-pressed to see how one can call this legacy ridden facade a "research" behemoth.....more like a legacy pig......

Sun, 12/29/2013 - 01:09 | 4282792 sangell
sangell's picture

The only thing you graduated from was beer to bourbon!

Sat, 12/28/2013 - 22:49 | 4282636 sangell
sangell's picture

Technological and demographic change could ( and maybe have) made obsolete 19th and early 20th century assessments of geopolitical considerations. Russia is a spent force. It has the population size and demographics of Japan with the added problem that it is being overrun by Muslims. Japan is at least homogenous and far richer. From South Korea to India China is encircled by US allies or states who fear China far more than the US. In 1900 the US had not even twice the population of the UK, today we are 5 times larger. Australia had two million inhabitants, today more than 20 million.

Energy. In 1900 coal was king and auto's more a rich man's toy than a basic way to travel so oil was more for kerosene for lamps than the key fuel of the world. Natural gas could supplant oil as the key fuel if methane hydrate production proves economical. Japan seems to believe it is. Certainly there seems to be far more natural gas available than was thought just a few years ago and solar power is becoming competitive where the sun shines.

Militarily the range and accuracy of weapons has made the need to have bases and fueling stations far less important than when Brittania ruled the waves. Wars will never again be fought by multi million man armies where industrial production is the key to victory. Nations will fight with the weapons and inventory they have on day one as industrial production will be taken out far faster than new weapons can be manufactured. No thousand bomber raids on ball bearing plants necessary in a world of precision guided munitions to say nothing of EMP and cyber warfare.

Sun, 12/29/2013 - 00:06 | 4282733 kliguy38
kliguy38's picture

you assume your masters don't want to enjoy the spectacle of human slaughter on a massive scale with the up close and personal touch. Of course there will be a need for million man armies..........one always needs "boots on the ground" for "occupation"......you remember...its all about the "hearts and minds"..........your occupied right now by several ground forces of at least a million......DHS, TSA, militarized local police.........and that's just the admitted groups. This is just foreplay.....you are right about one thing......they don't NEED  the ground troops but they do need the debt they will produce.

Sun, 12/29/2013 - 00:10 | 4282739 DoChenRollingBearing
DoChenRollingBearing's picture

.

"No thousand bomber raids on ball bearing plants..."

Yeah, keep your hands off the ball bearing plants!  We have cars that need to be fixed...

Sun, 12/29/2013 - 01:13 | 4282801 emersonreturn
emersonreturn's picture

sangell

 

how is japan richer?  please factor in fukus, as well china has decided to boycott japanese cars even if they're produced in china, japan is debt riddled so if you factor debt as money then it may be deemed rich but you've forgotten japan sells more depends than pampers.  

Sun, 12/29/2013 - 12:06 | 4283136 El Vaquero
El Vaquero's picture

Once all of that high tech infrastructure is knocked out, what tool is left to do the fighting but men? 

Sun, 12/29/2013 - 13:40 | 4283317 Cloud9.5
Cloud9.5's picture

 

It might be of interest to you to know that Hitler could have sprayed the Normandy beaches with nerve gas.  His scientists assumed the Brits had the same weapon after witnessing key ingredients drop out of British scientific publications. Consequently, the Nazis opted not to use it.

 

Wars without nukes have been going on for more than half a century.  There is no reason to assume that conventional wars will not continue.

 

What is different is the ability to now turn out the lights.  Turn out the lights on the east coast and this country collapses.  What comes out the other side of that collapse will be caricature of what exists today.

 

 

 

Sat, 12/28/2013 - 22:55 | 4282639 logicalman
logicalman's picture

A 'Great Game' played by the elites for their own benefit and at a huge cost to humanity.

Why the fuck do people go along with the damn game???

If we fight one of us loses - If we cooperate we both win. Seems like a better idea to me.

Sat, 12/28/2013 - 23:10 | 4282667 sangell
sangell's picture

That's debatable. Without the British Empire the Indian subcontinent might have remained a pastiche of a hundreds of feudal fiefdoms. Without imperial rivalry would much of the world now be organized into nations and without Imperial powers running a colonial administration would there be a single mile of railroad track in sub Saharan Africa?

Sat, 12/28/2013 - 23:48 | 4282719 logicalman
logicalman's picture

Nations and governments are a good thing?? Since when?

Sun, 12/29/2013 - 10:56 | 4283055 sangell
sangell's picture

Well I realize this 'general theme' thread bring out the low IQ types at Zero Hedge but this is ostensibly a site devoted to free market capitalism and without a national government its hard to raise capital ( rule of law and all that). Now who in the fuck is going to build a railroad to exploit a copper deposit in the Congo if there is no civil authority. How fucking stupid are you? You think you can raise capital to go an mine diamonds in Africa just because you know where a deposit lies. Only if you bring your own army with you.

Sun, 12/29/2013 - 00:23 | 4282756 Iwanttoknow
Iwanttoknow's picture

Mr. Brittania rules the waves,read some history.There was a thing called mogul empire.

Sat, 12/28/2013 - 22:59 | 4282649 Seasmoke
Seasmoke's picture

One must always ask, Where does Israel fit into this ???

Sat, 12/28/2013 - 23:18 | 4282677 Son of Captain Nemo
Son of Captain Nemo's picture

Where does Israel fit into this???

Sucking on Uncle Sam's tits till they turn purple like they always have of course. 

At $3 billion American dollars a year over the past 58 years which is a very conservative estimate I might add, the parasite will be going down with the ship whether they get there war with Iran or not.  In many respects Israel has more to lose with the USD's decline because they are so dependent as a welfare recipient to this Country.

It's "lose lose" for the partners in crime with any road they both decide to take together or separate.

Couldn't happen to a nicer pair either.

Sun, 12/29/2013 - 00:39 | 4282693 Blazed
Blazed's picture

@Son of Captain Nemo,

They are already dealing with others. They have a historical track record of stabbing their hosts and "allies" in the back.

"The past year has seen a significant boon in ties between Israel and China. The development of relations between the two countries was highlighted during a visit to Israel last week by Chinese Foreign Minister Wang Yi."

http://www.algemeiner.com/2013/12/22/u-s-furious-with-israel-after-sale-of-advanced-military-technology-to-china/

http://thehill.com/blogs/global-affairs/middle-east-north-africa/319513-leaked-documents-reveal-us-sees-israel-as-a-major-spying-threat

When millions of Americans are already struggling financially, a specific ethnic group constituting less than 3% of the US population is pushing for even more funding for Israel.

http://forward.com/articles/184017/israel-pushes-for-boost-in-us-aid-to-more-than-b/?p=all

Sat, 12/28/2013 - 23:45 | 4282708 Jorgen
Jorgen's picture

At $3 billion American dollars a year over the past 58 years which is a very conservative estimate I might add, the parasite will be going down with the ship whether they get there war with Iran or not.  In many respects Israel has more to lose with the USD's decline because they are so dependent as a welfare recipient to this Country.

 

I don't think so. Here are the numbers. Israel's estimated 2013 GDP is 273 billion USD. The country has modern economy and is at the top in technology and innovation, with strong and well equipped military. U.S. 3 billion dollars annual aid is only 1.1% of the GDP.

Sat, 12/28/2013 - 23:53 | 4282721 logicalman
logicalman's picture

If they are so fucking successful, why do they need it?

Sun, 12/29/2013 - 01:21 | 4282804 Jorgen
Jorgen's picture

If they are so fucking successful, why do they need it?

Good question that should be directed to AIPAC and Evangelical Christian organizations.

Sun, 12/29/2013 - 11:58 | 4283120 Kirk2NCC1701
Kirk2NCC1701's picture

Ok, AIPAC I get.  But why the hell are the Evangelical Christian organizations such Keeners and Suckups?

Wait, wait, don't tell me... Let me guess: It's all about the book of Revelations and Self-Fulfilling prophecy, i.e. 'helping' things along?  But if that's the case, given what's 'prophesied' (rather than some old geezer hallucinating on Ergot* poisoning), aren't they actually hoping & wishing for an epic blood-bath?  In which case, can they truly be said to be 'friends'?  And they sure as hell aren't likely to 'convert' any Israeli to Christianity.  These guys need to lay off Revelations and Kool-Aid, get a grip and "get a life".

 

* Ergot poisoning id due to ingesting stale rye bread, whose mold causes hallucinations.  The poverty and lack of refrigeration in a hot climate aside, don't forget that old people's senses (eyes, smell) and memory is not very good when it comes to the quality of old food.

Sun, 12/29/2013 - 13:39 | 4283320 Blazed
Blazed's picture

Just for future reference, it's Book of Revelation, not Revelations. But yeah, they are mind jacked.

Sat, 12/28/2013 - 23:48 | 4282716 Jack Burton
Jack Burton's picture

The 3 billion is the public figure, the real figure must be double that at least. No way Israel could maintain the military it has without at least 6 billion a year in cash, and another 3 billion in gifted weapons systems.

I like to think of a figure of around 12 billion dollars a year in direct cash and equipment transfers from the USA taxpayer to the Israeli citizens. As I look at their economy, it can't support the social safety net, the non-working religious class, the immigrants and the giant military complex without 10-12 billion dollars of our tax money.

In return they abuse the locals and aim nuclear warheads at cities across the middle east and Europe. The expansion continues with Southern Lebanon back on the menu for conquest. That land and water must belong the promised land, I read it somewhere in the holy books.

 

Sat, 12/28/2013 - 23:07 | 4282657 lolmao500
lolmao500's picture

Except the SCO doesn't have a military mutual defense treaty like NATO has.

Sat, 12/28/2013 - 23:10 | 4282668 disabledvet
disabledvet's picture

By no means is this meant as an endorsement of the Nazi's or the Third Reich...but they had are far more radical view of what constitutes "game theory" and "victory." http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CDcQ... in other words "the battlefield is your mind." the theory that we need "governments" or "military industrial complex's" at all may in fact be false. the goal or "purpose" for any entity (corporate, corporeal, corpus) is to achieve an "upgrade cycle." this places a premium on networking, data access and data analysis...along with statistical theory and "modeling" (both of the rapid prototyping type and behavioral.) interesting article on "secrets" in Reuters today...having said that the whole idea is ridiculous. We simply don't have them anymore. We might have SURPRISES (the future is always uncertain) but "secrets" are a relic of a bygone age. A good argument can be made so is media actually. in the Internet Age (where we are all networked whether we like it or not) what is needed is a COMMUNICATION strategy...something that can project a vision "into the future" as it were, and then "make it happen." It sounds funny but a "control tower" at an airport is a textbook example of what the "future" as now actually is. everything...gauges, sensors, readouts...all exist to create the sense of something that "will happen" actually will...as if it was routine. simply put this is a VERY data rich environment however...and every one of these "landings" is worth an after action review. don't even get me started on "self-driving vehicles"...which are going to happen more than like in only the next couple of years. http://en.wikipedia.org/wiki/Autonomous_car

Sat, 12/28/2013 - 23:19 | 4282669 Kirk2NCC1701
Kirk2NCC1701's picture

Did you see the TD/ZH quote on p. 19?  :-)

Also note the reference to Asset/Stock Classes on the bottom of p. 12.  Like they say: Diversify & Allocate and sleep well at night.

Sun, 12/29/2013 - 01:00 | 4282679 benb
benb's picture

The Game is artificial scarcity. The Game is suppressing technology. The Game is stealing every natural resource belonging to the people and then charging them up the butt for it. The Game is killing anyone prominent who speaks out or gets in the Man's way. The game is mindfucking all us little people into believing the biggest, lying, most insane, mass murdering monsters in the history of the world ( Who control the puppet U.S. government along with most other western governments) are looking out for us. The Game is Rockefeller eugenics gopher, Bill Gates is there to help. 

The Game is the president’s dirt bag science advisor, John P. Holdren overseeing the sickening of the American people with a massive, accelerating cancer epidemic.

The U.S. is awash in natural resources and the technology to make our lives so much better. Instead our water, our food, and our air are all poisoned to incrementally destroy us.

As for the sock puppets on site... go suck on Cass Sunstein.

Our government has become a giant tumor; a malignant tumor that is sucking the life out of this country. It’s horrific. ~ Damon Vickers Chief Investment Officer with Nine Points Management and Research  11-16-7

“How fortunate for governments that the people they administer don't think…” Adolph Hitler

 

Sun, 12/29/2013 - 01:05 | 4282789 Seize Mars
Seize Mars's picture

benb

You are correct.

Sun, 12/29/2013 - 01:35 | 4282823 benb
benb's picture

“If the American people knew what we have done, they would string us up from the lamp posts.”
– George H. W. Bush

Sun, 12/29/2013 - 10:20 | 4283025 GetZeeGold
GetZeeGold's picture

 

 

Word up there dawg - Hillary Clinton

Sun, 12/29/2013 - 17:41 | 4283811 benb
benb's picture

Are you referring to the Globalist agent, subversive, and traitor Hillary Clinton, a.k.a. Hillary the Bull? The Saul Alinsky groupie?

http://quitenormal.files.wordpress.com/2012/04/hillaryhag.jpg?w=421&h=533

http://i.dailymail.co.uk/i/pix/2013/09/18/article-2424555-1BE64C22000005DC-374_634x460.jpg

Three Dollar Bill’s ex-mistress of 12 years stated in her December 1992 interview in Penthouse magazine “…that Hillary was bisexual.”

http://i.dailymail.co.uk/i/pix/2013/09/18/article-2424555-1BE64BFE000005DC-485_634x456.jpg

Two decades after her affair with Bill Clinton, Gennifer Flowers reveals they'd be together now if it wasn't for Chelsea. Flowers  on another occasion has also stated that Bill confided in her that Hillary “had eaten more pussy than he had.”

http://www.dailymail.co.uk/news/article-2424555/Bill-Clintons-mistress-Gennifer-Flowers-Wed-today-wasnt-Chelsea.html

In 1998 Globalist operative and traitor, John McCain jested – “ Why is Chelsea Clinton so ugly? Because Janet Reno is her father.”

Actually - Bill & Hillary Clinton: A Life of Violating People  http://1984arkansasmotheroftheyear.blogspot.com/    

Yes the 2016 Globalist Don King inspired rigged presidential election as it stands is “Hillary The Bull” v.s. The political mobster from Jersey, Chis Chistie a.k.a. Jabba the Hut - http://images6.fanpop.com/image/photos/33800000/Jabba-the-Hutt-star-wars-33843582-1920-1033.jpg

 

 

 

 

Sun, 12/29/2013 - 01:21 | 4282811 The_Prisoner
The_Prisoner's picture

benb, "demand destruction" is another little game they play alongside artificial scarcity.

Here's a scene from the british movie The Veteran which lays it down. (good movie, btw).

http://www.youtube.com/watch?v=gRh1zfwBaSc

Sun, 12/29/2013 - 01:53 | 4282840 benb
benb's picture

Good scene, but I would disagree with the statement that our way of life is "unsustainable." The Game is totally rigged. The resources and technology have existed for a long time for us to flourish. The meglamaniacs in control are instead getting rid of us. See the April 2000 article from Wired Magazine - "Why the future doesn't need us"  written by Sun Microsystems co-founder Bill Joy who, to his credit, spills the beans. -http://www.wired.com/wired/archive/8.04/joy.html

 

 

Sat, 12/28/2013 - 23:43 | 4282705 WTFUD
WTFUD's picture

For crying out loud! It's All Over bar the KILLING.

Sun, 12/29/2013 - 00:00 | 4282729 Goldilocks
Goldilocks's picture

Stick a fork in it... it's done!

Sun, 12/29/2013 - 01:18 | 4282737 tony wilson
tony wilson's picture

 

look at the atmos fear today

the withering weather the heavy metal  alloy and barium soup pea clouds.

 

 

tesla the man not the ponzi scheme on 4 wheels.

the man.

the questions.

how did he discover the lay energy fields.

what was he plugged into.

egypt stuff or older sumer.

 

resonance,frequency demonic haarp.

haarp is deciding today what happens.

he who controls haarp controls the weather.

resonance as a tool for mass death or a tool to discover oil a signal sent to a distant location a return reply tells rothschild what is under der ground.

 

new oil discoveries

god help you norway,new zealand,new somalia lands etc etc discovery followed by weather,earthquake attack or fake muslim terror.

 

Eastlund; Bernard J. (Spring, TX)

took telsla words and ran until the cia snuffed him out.

Method and apparatus for altering a region in the earth's atmosphere, ionosphere, and/or magnetosphere

 

Abstract

 

http://www.bariumblues.com/haarp_patent.htm

Sun, 12/29/2013 - 11:45 | 4283099 eddiebe
eddiebe's picture

Speak english please or shut the fuck up.

Sun, 12/29/2013 - 22:25 | 4284315 tony wilson
tony wilson's picture

eddiebaby talkin to me you filthy jew?

nothing wrong with jews just the queer ones that make me sick the ones that rape kids eddie baby.

 

Sun, 12/29/2013 - 00:19 | 4282752 steveo77
steveo77's picture

This is going to trip you out.    I discovered this by accident while doing a "super zoom" into some high res Fukushima photos from a drone flyby in March 2011.

Areas of exposed high radiation (melt out or blow out) show as a set of 36 pixels being all the same color in a Mini Block.    They are never all the same color, except when the radiation flashes them and the camera can only react by "printing" a single color.

Very interesting

Also confirms a meltout from Reactor 4.    Look at all these and let me know what you think.

http://nukeprofessional.blogspot.com/2013/12/pixelation-of-high-res-phot...

Sun, 12/29/2013 - 01:33 | 4282821 emersonreturn
emersonreturn's picture

steve777

 

thank you highly interesting.  a meltout from reactor 4 makes a lot more sense.  why do they even bother with the charade of fuel rod removal?

Sun, 12/29/2013 - 11:58 | 4283122 steveo77
steveo77's picture

There are 2 pools, the spent fuel pool, and the equipment pool.   They are on opposite sides of the reactor.

They were starting to load plutonium based MOX into reactor 4.     Heat signatures from photos show heat in the reactor even 2.5 weeks later.

Equipment pool melted out

Spent fuel pool went a fire for 9 hours, causing evacuation of the plant

Sun, 12/29/2013 - 00:45 | 4282770 Seize Mars
Seize Mars's picture

I read Brzezinski's "The Grand Chessboard." In my opinion, it was 100% smokescreen and misdirection. He is as wicked as sin and as clever as well - at some point in his career, he realized people would hang on his every word. So he used that, publishing his "grand vision" of what the top strategists are up to - fighting over resources, fighting over landmass.

But I think he set his writing up as a great diversionary tactic.

In my opinion, understanding banking is a much more incisive "calculus" by which to understand strategy and events.

Sun, 12/29/2013 - 00:56 | 4282780 Goldilocks
Goldilocks's picture

Stick a fork in it... it's done!

Sun, 12/29/2013 - 01:14 | 4282799 benb
benb's picture

Globalist criminal, Brzezinski brags, and his pals brag about killing millions of people. He obviously called for staging 9-11 in The Grand Chessboard. (IIRC) He stated that “we need a catalyzing event like a new Pearl Harbor…” Where is the Rule of Law? This garbage is what a domestic enemy looks like.

Give him the Medal of Freedom.

 

Sun, 12/29/2013 - 01:36 | 4282827 Braverdave
Braverdave's picture

Old game. New game. Same game.

Sun, 12/29/2013 - 07:06 | 4282945 ebear
Sun, 12/29/2013 - 03:35 | 4282872 Icantstopthinki...
IcantstopthinkingaboutNINJAs's picture

Never heard of BIROBIDZHAN, Russia

 

http://www.nytimes.com/2012/10/04/world/europe/jewish-homeland-in-birobi...

 

What an unusual history...

http://en.wikipedia.org/wiki/Jewish_Autonomous_Oblast

 

 

How is it that Stalin killed everyone else?

Sun, 12/29/2013 - 18:29 | 4282874 anonnn
anonnn's picture

omit

Sun, 12/29/2013 - 04:54 | 4282896 AurorusBorealus
AurorusBorealus's picture

The cornerstone of correct thinking about geo-strategy is to place yourself in the position of each of the powers: what is their national interest, what are their capabilities, what are their historical, cultural, and geographic obstacles.  This paper is all well and good from an American perspective but lacks depth and proper understanding.  Several problems... 1)  The Germanic states remain important players in the game, led by Germany.  They are not natural allies of the United States and never have been.  Only the threat of Soviet Russia held-holds them in America´s geostrategic orbit.  This is the crux of many things and the object of the Russians... A Germanic-Russian alliance would be in the best interests of all these nations... there is much culture, history, and distrust to overcome, however.  Yet because it is in the interest of the Germanic states (including Finland, Sweded, etc) and in Russia´s interest to ally, it is a quite likely possibility, if not an eventuality.  2)  Russia has always played East against West changing tack when necessary.  Russia is not a natural ally of China... this is old-style Amerocentric and Cold War type thinking.  If Russia can court European allie, Russia will challenge China.  3)  Britain´s empire was an expensive an unnatural thing.  Being the world´s foremost maritime power and a constant interloper in the affair of Eurasia from afar is costly and very difficult.  The British East India Company and the ability of the Crown to generate revenue from colonies and trade was paramount in maintaining the empire.  As the new maritime power, the U.S. has also lost its ability to finance its interloping and maritime supremacy, and the American multinationals are a poor substitute for the East India Company, robbing the homeland of its productive capacity, looting its wealth and handing it over to the enemy (which everyone knows is China).  The U.S. has also gone a long way toward alienating India, which is a key piece in holding together the maritime puzzle.  4)  Everyone thinks that time is on China´s side, but that is not entirely true.  Dismantling Japan and the U.S. hegemony in the Pacific will take all of China´s efforts, even as the threat from the West and the North in Russia grows anew.  Because Russia is quickly retaking its rightful place as a major world power, China feels pressure to move quickly in dealing with the U.S. and Japan (which is why all the war drums have been beating lately).  5)  There are great tensions in the world, which is precisely why the U.S. needs to reign in its rogue allies in Israel and Saudi Arabia.  One Franz Ferdinand in the Middle East, and we may really have a war to end all wars.

Sun, 12/29/2013 - 21:29 | 4284196 flyme
flyme's picture

Russia solidified its position when it 'regained' the Ukraine - closing off Western access to the Heartland via Europe. The Germanic states need 'gas' so they are locked-stepped into Russia whether they like it or not.  If the USA bogs itself down with African Cake Crumbs, then China won't have to worry about them as it 'dismantles' and repivots the Paciffic sphere unto itself. Russia will not 'challenge' China, its not in their interests to do so. Israel will continue to rule its Palestian lands, because it needs those underlying resources (water & energy) that are there, regardless of how many deaths will result. The Saudi' will always go to whoever buys the most, otherwise their regime will fall. The only gamechanger for the USA  is if there is a regime change in China, and that's simply not gonna happen. Enjoy the last crumbs of the Petrodollar now, before it's gone.

Sun, 12/29/2013 - 06:10 | 4282922 uk ok
uk ok's picture

the fuse is lit, just a matter of patience and time until we learn just how long the fuse actually is...

 

Sun, 12/29/2013 - 06:28 | 4282929 russwinter
russwinter's picture

Read this throughly, a great must read paper. 

Sun, 12/29/2013 - 06:52 | 4282938 falak pema
falak pema's picture

In this context it would be wise to consider the cards held by Merkel's Germany now running Eurozone and also deeply involved in Ost Politik of old and thanks to the Baltic northern route laid down by Schroeder/Putin gas deal.

Pax Germanica in the making in Euroland and taking the Eurasian adventure: from the Atlantic to Vladivostock! 

I see this "Heartland" theory that ZH has dug up relays the point I made here on Iran/Turkish current collusion cum past historical rivally; where Iran has an advantage of being an OIL rich nation whereas Turkey stays politically potent and controls the waters of Mesopotamia; not an inconsiderable asset in this peak everything age! 

4282279

Sun, 12/29/2013 - 11:13 | 4283063 the tower
the tower's picture

"dug up" is the key operative here... seems like someone was bored over the holidays

Sun, 12/29/2013 - 07:06 | 4282947 Quinvarius
Quinvarius's picture

It looks like we need to control the entire ex-Soviet Union, according to this theory.  Good thing that was our plan all along and this theory jusifies it--Much like Keyneisanism justifies our government's pre-disposition to create money.

Sun, 12/29/2013 - 08:15 | 4282963 q99x2
q99x2's picture

"Remarkably, Mackinder’s theory has remained equally valid, if not more so, in the modern era -"

Pterodactyl and false due to information technology Dude. Unless you restrict your argument to Geography and Politics in the classical sense you get a big FU on you thesis..

Sun, 12/29/2013 - 08:23 | 4282965 Joe A
Joe A's picture

Just imagine that someone invents an icredible new distributed energy source. Or that mankind can harnish nuclear fusion or someone invents something to make your car run on a cup of milk (just something crazy). Then the above would become once of a sudden quite different.

It is not that the need for oil created the heartland theory; the heartland theory was created to justify and perpetuate the oil demand.

Sun, 12/29/2013 - 09:07 | 4282986 falak pema
falak pema's picture

Spot on. I refer often to the Renaissance as a good period of comparison to current times.

While Europe stewed then in its existential juices of seeing Constantinople fall and crisis of civilization nail the Vatican to the wall; like an earlier version of a debased WH defending its God the "Greenback"; man was opening up a new continent that would make loss of Constantinople, Jerusalem and Vatican irrelevant to the human thread : thanks to Cristopher Columbus.

The "Constantinople/Jerusalem" theory was created in feudal and theocratic Europe to justify Crusades, lust for silk and spice and emeralds from the old Asian routes, lands of ancient riches that enticed a RUSTIC and obscurantist elite with a burgeoning militarist population and mindset.

It was that OLD heartland theory that went bust with Columbus! 

Sooo, if we harness renewables; that the Oil lobby and its greatest proponents running Pax Americana since BW revoke and Dear Henry days have always fought; now incarnated by the Carlyle-WS Goldman squid financial oligarchy; THAT energy thread will change the face of the world once again, freeing it from fossil and old heartland dreams of newborn DC-Caesar's oligarchy spawn.

Pax Americana Oil-MIC-WS asset/$ Oligarchy lobby is IDENTCAL in MINDSET to the OLD elements of the MAtrix that ran feudal Europe since its inception created by the Charlemagne-papal alliance in 800; when west was reborn to claim Caesar's heritage. 

It died in the flames of the Renaissance reset and the discoveries of Magellan and Columbus. 

We await the birth of these new frontiersmen of this renewable energy age and resulting paradigm change. 

Sun, 12/29/2013 - 09:11 | 4282988 Joe A
Joe A's picture

Excellently put. One would be amazed how fast the old paradigm would be dropped for a new more favorable one.

Mon, 12/30/2013 - 00:48 | 4284538 CouldBeWorse
CouldBeWorse's picture

Renewables - be careful what you wish for.  A paradigm change indeed.  I'm not against renewables or finding the holy grail to make hydrogen fuel cells a large scale reality, but just like Columbus discovering the New World, it brings with it social upheaval and political change of tremendous and unknown proportions.

Are we ready? 

Mon, 12/30/2013 - 09:47 | 4284891 Joe A
Joe A's picture

Point taken but with unrenewable fossil fuels we are on a road to nowhere anyway.

Sun, 12/29/2013 - 12:57 | 4283221 Winston of Oceania
Winston of Oceania's picture

Kind of like what would happen to all the drug lords if they quit this insane and costly war on drugs...

Sun, 12/29/2013 - 09:04 | 4282985 Handful of Dust
Sun, 12/29/2013 - 09:34 | 4282997 Took Red Pill
Took Red Pill's picture

Interesting piece. Don't really think that there's a more “dovish” US policy towards Iran, more likely a hawk in dove's clothing.

Sun, 12/29/2013 - 09:42 | 4282999 supermaxedout
supermaxedout's picture

Gold = Catalysator of High Tech developments

If India would have not been stopped buying gold, then they would have not stopped before they had bought all the gold in the world. Their thurst for gold is unsatiable. The same accounts for The Chinese mentality as well as the the rest of Asia including the gold loving Arabs. But  also the Western people love gold.

Gold is very interesting

1) gold is money. And money is power.  So gold is always a politicum. The value of gold is going up or down depending on the actual policy of the most powerful, which are identical with the ones owning the most gold (leaving the military aspect aside for a moment)

2) Gold is beauty. The whole mankind loves gold. Its is an essential part of the human culture. You have to give gold in exchange for a woman. Or golden rings are exchanged at the wedding ceremony, etc, etc. This said, it is clear that there exists a  mass market for gold in all cultural hemispheres.

So there are two markets.

1)The market were gold is a politicum

2 The market where gold is part of the culture

When the price for gold is high, then the broad world population is excluded from gold. When the price is going down sales of gold into the public is rising.

Presently the situation is as follows in my opinion:

The power elite of the West did not manage to kill golds role as a monetary asset. This is clearly indicated by many, many facts. Number one fact is, that Central Banks increased their gold holdings during the past years. Plus China and Russia see gold as an instrument to diminish the role of the US Dollar.

So there is a dilemma. If the WWestern Central Banks do sell all their gold they are giving up their  power. Without gold a central bank is nothing. At least this is the situation today. And the funny thing is if the Central Banks would sell all their gold at once it would drive down the price but not for long. Because all of the gold would be sucked up by the gold loving world population. Everybody would stack at bargain prices. That is clear,  simply because their is no alternative for the cultural function of gold. Or what is the beauty of bitcoin?

But since gold is, besides the US Dollar, the most important asset in finance it would be a very hazardous game for the Central Banks to go away from gold. Especially when observing what the US government is doing with the Dollar. So the Central Banks are not going to sell their gold because it is presently their last anchor of stabilitry when worst comes to worst which is a US Dollar collapse.

However, it should be noted, that scientific developemnts of the recent years have opened up a third market for gold.  This is a very new development which is just now slowly transformed into products and industrial processes. But this market is going to become very huge in my opinion.

The Third Market for Gold: Gold as a Chemical Catalysator

follow these links then you will know more about the industrial future of gold:

Gold hits its golden age as a high-tech material

https://www.llnl.gov/news/aroundthelab/2012/Aug/ATL-082212_gold.html

 

Chemists go for gold

http://sciencewatch.com/articles/led-thomson-reuters-citation-laureates-...

 

Sun, 12/29/2013 - 15:06 | 4283481 lakecity55
lakecity55's picture

These scientific studies could change the Gold Game.

If I were one of the PTB, I would crash the price and load up. I could make millions more selling to Industry. I would get another buddy in TPTB to start a factory, sell to him, then he sells to customers.

(evil laugh)

"We'l make billions, Cedric!"

"Undoubtedly, Cecil."

Sun, 12/29/2013 - 09:51 | 4283004 spanish inquisition
spanish inquisition's picture

Gold leasing article translation mid Page 24 is to the point.

Sun, 12/29/2013 - 09:56 | 4283010 eddiebe
eddiebe's picture

What if: TPTB are sitting on a 'new' power-source like possibly cold fusion or are able to contain hot fusion or something else that they intend to sell us next? That would change the whole dynamic, and would certainly play havoc with the whole petro-gas complex and the NNGG.

Sun, 12/29/2013 - 09:58 | 4283011 Moe Howard
Moe Howard's picture

I love playing Risk!

Sun, 12/29/2013 - 10:32 | 4283037 Stanley Lord
Stanley Lord's picture

Until China gets a world class navy, they are living off their reputation 50 years in the future.

Sun, 12/29/2013 - 11:01 | 4283057 the tower
the tower's picture

LOL!!!! Go play Stratego or Risk or something... You guys really need to get out more...

Sun, 12/29/2013 - 12:50 | 4283209 Winston of Oceania
Winston of Oceania's picture

There is only room up your ass for your own head...

Sun, 12/29/2013 - 15:12 | 4283500 the tower
the tower's picture

Grumpy old man.. then again, it's always those who have nothing to lose because they are old who want to start a war...

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