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Gold Capped As Soros Warns Of “Threshold Of A Third World War”
Gold Capped As Soros Warns Of “Threshold Of A Third World War”
- War "inevitable" if U.S. meddles in South China Sea - Global Times
- Senior NATO official warns that "we'll probably be at war this summer”
- Soros warns of ‘New World Order’ and war with China
- Soros warns could be “on the threshold of a Third World War”
- Many countries in Pacific lay claim to strategically important and mineral rich islands
- Tensions between U.S. and China and Russia escalating
- War would have many facets including cyberwarfare and currency wars
- George Soros
The ‘war’ word is being increasingly heard internationally as the U.S., EU, Russia and China adopt provocative postures over various disputes including Ukraine and in the Pacific.
War with the U.S. is “inevitable” if the U.S. involves itself in the dispute which has arisen over the Spratley Islands in the South China Sea according to China's state controlled newspaper the Global Times.
"If the United States' bottom line is that China is to halt activities, then a US-China war is inevitable in the South China Sea" according to an editorial in the popular government paper.
China has since last year been taking over a greater part of the long-disputed Spratleys and has begun land reclamation projects to make the archipelago a part of its sovereign territory. The move angered many of its neighbours like the Philippines and Vietnam who also claim the islands.
Geographically, the archipelago is close to the Philippines, Malaysia, Brunei and the Philippines. However, China has maintained a presence in the region on and off for centuries which is the basis for its claim.
The islands are believed to be located over large reserves of undersea oil and are also strategically vital as a shipping corridor through which vast amounts of goods are shipped. The islands also provide a platform from which China could project military power into the afore-mentioned countries.
Tensions between the U.S. and China, while low-key in other regards, have been escalating with China responding angrily to U.S. reconnaissance flights in the region.
The Global Times suggests that China is not daunted by a military conflict with the U.S. - "We do not want a military conflict with the United States, but if it were to come, we have to accept it."
Indeed, The Wall Street Journal has shown that in terms of conventional warfare China is the undisputed heavyweight in the region with a massive airforce and navy - see infographic.
The Chinese are utterly scathing of U.S. "meddling" in the South China Sea, thousands of miles from its own borders and clearly views itself as the new hegemon in the region. This seemingly innocuous dispute has the potential to rapidly spiral out of control.
There are also simmering tensions between China and Japan.
Both have long held claims to the Japanese-administered islands — known as Diaoyu in China and Senkaku in Japan. Tensions have intensified in recent months, and observers fear that a political or military misstep could rapidly escalate.
In late 2013, China announced an air defense zone over the East China Sea, encompassing the disputed islands. The new policy would require airlines to give Chinese authorities their flight plans before entering the airspace designated by China.
Japan's Prime Minister Shinzo Abe said the new policy "escalates the situation and could lead to an unexpected occurrence of accidents in the airspace." The United States called China's announcement "unnecessarily inflammatory."
Military posturing is quietly reaching new extremes in Europe, the Mediterranean and the South China Sea and the provocative bluster is reaching new heights.
Separately, it is believed that a senior NATO official has warned that "we'll probably be at war this summer.”
Former NSA intelligence analyst John Schindler has said that a senior NATO official told him that the world would “probably be at war” sometime this summer. Although the tweet was retweeted over 1,000 times, the comment did not get any media coverage.
Finally, the ‘trumpets of war’ became a triumvirate when one of the most powerful men in the world today - George Soros - warned that we “are on the threshold of a Third World War.”
As China’s economy slows down, this could trigger a global military conflict as might other tensions in the region, Soros warned.
“If the transition runs into roadblocks, then there is a chance, or likelihood in fact, the leadership would foster some external conflict to keep the country united and maintain itself in power,” Soros said in remarks at a Bretton Woods conference at the World Bank.
“If there is a military conflict between China and an alley of the U.S., like Japan, it is not an exaggeration to say we could be on the threshold of a Third World War. It could spread to the Middle East, then Europe and Africa.”
Since Soros made his remarks, tensions between China and the U.S. have further escalated. China has released a new white paper which threatens military action unless the U.S. stops its current actions in the South China Sea.
If China’s efforts to transition to a domestic-demand led economy from an export engine falter, there is a “likelihood” that China’s rulers would foster an external conflict to keep the country together and hold on to power.
To avoid this scenario, Soros called on the U.S. to make a “major concession” and allow China’s currency to join the International Monetary Fund’s basket of currencies. This would make the yuan a potential rival to the dollar as a global reserve currency. In return, China would have to make similar major concessions to reform its economy, such as accepting the rule of law, Soros said.
An agreement along these lines will be difficult to achieve, Soros said, but the alternative is a brutal war.
“Without it, there is a real danger that China will align itself with Russia politically and militarily, and then the threat of third world war becomes real, so it is worth trying.”
The warning comes as Europe engages in some of its biggest ever war games — right on Russia’s front door. It’s a deliberate ploy, intended to warn regarding Ukraine but could be seen by Russia as a provocation.
War, if it comes, will be multi faceted and poses risks to markets. Modern warfare would involve many facets including cyber warfare and currency wars.
Geopolitical risk continues to be seriously underestimated by investors and will likely impact markets in the coming months.
Must Read Guide: 7 Key Bullion Storage Must Haves
MARKET UPDATE
Today’s AM LBMA Gold Price was USD 1,189.45, EUR 1,087.08 and GBP 775.94 per ounce.
Yesterday's AM LBMA Gold Price was USD 1,187.85, EUR 1,088.07 and GBP 770.64 per ounce.
Gold fell $0.20 or 0.2 percent yesterday to $1,187.50 an ounce. Silver slipped $0.05 or 0.3 percent to $16.69 an ounce.
Gold in Singapore for immediate delivery was steady at $1,188.55 an ounce while gold in Zurich also flatlined in lack lustre directionless trading as gold continues to be capped below $1,200 per ounce.
Gold bullion seems to be taking trading direction from the U.S. dollar with no major economic data on the horizon. The dollar has continued its strength since Fed Chair Janet Yellen once again suggested last week that the U.S. Fed is set to raise interest rates later this year.
Although safe haven demand has waned for the yellow metal, the Greek debt crisis is still not solved and may bolster bullion demand once again. June 5th is Greece’s next payment due to the IMF.
European markets are mostly lower this morning although the FTSE is marginally higher, as talks on Greece continue to bear little fruit.
Yesterday, the new government met its international creditors in Brussels to discuss a possible reform deal to unlock its last tranche of bailout money. It desperately needs this money to make repayments to the IMF and ECB over the coming months.
While the Greek government hinted a deal was on the way, saying it was in the process of drafting an agreement, others were less optimistic. Hawkish German Finance Minister Wolfgang Schaeuble said he was “surprised” by Greece's positive outlook, while European Commission Vice President Valdis Dombrovskis said the two sides still had “some way to go”.
Greece is one of the main topics on the agenda at the G7 meeting of finance ministers and central bank chiefs this week and there could come interesting developments from this.
In late morning European trading gold is up 0.07 percent at $1,188.35 an ounce. Silver is off 0.07 percent at $16.67 an ounce, while platinum is up 0.17 percent at $1,121.78 an ounce.
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What one forgets is that China needs to import most items like Food and the US Navy is still the biggest. By cutting of Chinas Trade routes they will start to run out fast. China will then have to start a War.
Soros is just talking his book. He's chumming the water and will be ready when the bullets fly. Vile indeed.
Is it me, or gold bugs would cite any wild theory to pump gold's outlook?
Midnight Hour:
Cutting of trade routes IS "The Act of War".
rare loss for Soros and Nudelman recently in Macedonia, although they sure are trying their best for more regime change, probably largely to block Russia's planned southern pipeline.
This fucking asshole has done more to cause WW3 than most.
He is absolutely vile.
If memory serves, several years ago the US announced that it was adopting a first strike policy with regard to nuclear weapons. Therefore, if China or Russia believes the US will strike them, unless they are stupid, which I don't think they are, they will try to strike first. I hope I'm wrong and the first strike has been rescinded. Has it?
http://www.wsj.com/articles/SB10001424052702304620304575166263632513790
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/1387333/US-pl...
The very fact that this crouching buzzard is concerned that the FED needs to concede to China to avoid WWIII means that ole Son of a Bitch is betting against the dollar in his funds. Piss on this monster and all his evil money!!!
why do we keep quoting this fool, sorosis?
he gets more press from ZH than anywhere else.
there is another side to this war, war, more war BS.
lazy idiotic bloggers born and raised in a war atmosphere don't know shit from apple butter about anything else
war, war, war. grow the f*ck up.
>> why do we keep quoting this fool, sorosis?
Why click bait of course. Nobody gets right wingers in a lather quicker than Soros. If I see Soros in a headline I'm assured a posting freenzy will ensue. Some really loonie shit gets tosseed out.
Hahahaha, join the IMF? Why even bother to do that? The IMF is controlled by the US and the US is never going to give that up. It will bend the rules and find any alternative to giving up control. China joining the basket doesn't do much of anything other than force China to cede sovereignty to the US, in exchange for some worthless trinkets which can then be threatened or taken away at any time deemed politically opportune. The us government is unstable, promises are always broken, treaties are always violated, and there is never any consequence for those actions.
China is MUCH BETTER off forming its own new institutions and welcoming the world in on an equal and fair playing field. To destroy US power, China does not need to create its own unfair and unequal institutions and bribe the world into joiing. All China has to do is team up with allies and launch fair or fairer alternatives. And poof, there goes US power overnight.
The other, unstated, problem with the US is, sure, they have military. But manufacturing is dead. Manufacturing capacity and depth is what wins wars. Most military toys are just that, toys. Garage queen vehicles and safe queen weapons. The US cannot afford to replace them or lose them, so it does not actually deploy them against anyone with even a remote chance of taking them out. The only advantage is tech, which means that the instant anything is downed and captured, the clock is ticking on it being obsolete... and an enemy with vast manufacturing capacity will fill the battlefield with copies that might not be exact, but are definitely good enough. Furthermore, given the state of the US, it would not survive a major war at this point.
"Hahahaha, join the IMF? Why even bother to do that? The IMF is controlled by the US and the US is never going to give that up. China joining the basket doesn't do much of anything other than force China to cede sovereignty to the US..." --laomei
Why did China send central bankers to woo the IMF steering committee in Washington last month? BOC Governor Zhou Xiaochuan says, "Beijing will accelerate reforms to the country's currency as part of a push for the yuan's inclusion in the International Monetary Fund's currency basket," and argued that the RMB's improved convertibility, liberalized exchange rate management, reduced money market interventionism, and broadened capital account disclosure should make the currency worthy of SDR basket inclusion. "China is not far from achieving its goal of RMB capital account convertibility." SDR inclusion would grant shareholder influence to China while simultaneously taking it away from the US. It appears China sees its own instantly relevant and potentially dominant IMF representation as a "great leap forward" in establishing control over much of the global financial system.
"China is MUCH BETTER off forming its own new institutions and welcoming the world in on an equal and fair playing field." --laomei
"Welcoming?" "Equal and fair?" Get real, man! A China-dominant global monetary paradigm would be every bit as corrupt and abusive as the American-dominant one we've seen post-Bretton Woods.
The armament charts above do not show our vast superiority in nuke weapons. Russia is second and China a distant third
Get out of your fantasy league dum dum .haha say what again ? usa never had and never will have nuke superioirity over russia . A fact . usa with top nuke superiority lol . Have you gone full retard . Talking about China well they are not bound to any treaty and they have been modernizing their nukes . Yes for time being usa have more number of nukes in comparison with china but not russia . if you think chinese still posses only 250 nuclear missiles then you are too ignorant .
.
Numbers perhaps, but that's about it. When it comes to what happens after the birds fly, the US is dead last. Russia has shelters, China has shelters. Chinese nukes can easily survive first strike and they are not beholden to any treaties that limit numbers or types (there are MANY MORE than the US thinks). There is an entire mountain chain tunnel complex for nukes. There are subs with nukes as well. Russian nukes are also just fine.
Everyone has more than enough nukes to reduce the enemy to glass. The only variable is defense. And rather than invest in long-term assets that are reliable and beneficial to the population, the US has invested in a fail-shield that will never work.
Old George has already priced in his war profits and he is goosing the war machines as usual even as he has weakened the U.S. through his socialist policies. Just read that some Baltimore brotesters are suing one of his many tentacles for not paying promised money for brotesting. So we are worried about meddling with a diminished military while russia and China are arming up big time. WE willrue the day that we decided to cave to foreign threats - allowing them to be the meddlers despite the many mistakes we have made militarily. As Obama pulls back our mic, China and Russia fill the gap.
both the problem AND the answer lives in the heart of you all.
If they would simply stop one man, Lloyd Blankfein there would be no war.
HE'S warning about the New World Order?!
He must think we are now dumber than the cattle we eat to say that with a straight face.
I really want to take a c clamp and put it in this assholes jaws, crank it open and lay a nice steamer down his throat and watch him take his last breath gagging on it.,
But that's just me. I’m silly like that.
Ha! Good one! This is one of the Terrible Few thar devote their considerable skills to larceny, fraud and manipulation on a grand scale. It might be best for all concerned were he to spend the rest of his days in the tropics some where, say at Gitmo for a few years.
The world war war he was on the bottom feeding lucre up.
This time he'll be on top receiving the lucre from the bottom.
Liberty is a demand. Tyranny is submission..
He is really itching for a war, so there must be a lot of money in it for him. He should be bagged and dropped behind enemy lines of any war he provokes.
He's a "Visible" Zionist. Out in the open.
His message is from up on high, and he may or may not, but probably does, agree with it.
When dealing power, tyranny, and Zion, it is always well placed to remember that there is always an implicit message beyond the explicit one.
So here, he is probably actually trying to lay the coming chaos off on someone else before it happens. Has he is being too forthright. We'll see.
Liberty is a demand. Tyranny is submission.
The worst place in the world to be in October is USA.
No, the worst place to be in October is the Middle East.
I think this little 1961 speech by Benjamin Freedman should tell us all we need to know
( Freedman a Former zionist Jew who blew the whistle on the Rothschild’s & Zionists in 1961)
https://www.youtube.com/watch?v=x8OmxI2AYV8
Why isn't the role of Zionists dragging America into WW I taught in school? I read about the hate and anti-semitism all over the web. But no one ever explained why it occurs, at least before reading Benjamin Freedman's 1961 speech. See the transcript of the 1961 speech in case you don't have 87 extra minutes to listen to it.
http://www.rense.com/general34/amaz.htm
an important speech people should be reminded of now and then.
The Jewish/Zionist aspect of getting the US into world war 1, which was not America's business, can hardly be understated.
It is forbidden to discuss for the same reason the disproportionately high number of Jews amongst those that slaughtered the Tsar and his family and killed millions is not discussed: it makes Jews look like other than eternal and sacred victim.
check out the wiki entry on 'judeo-bolshevism' Facts are "anti-semitic" and the entry is as dishonest and dissembling as you would expect. Jews as a group definitely had motive to rebel against the Tsar, but so did many others. The sheer high % of Jews, though, in a country that was 5%, at most, Jewish, in the Bolshevik leadership is repressed historical fact.
Because Jews, and Zionists, have a certain narrative they want the world to believe. And they also want to hide their international power and organization.
The fact almost all the robber baron oligarchs in Russia were Jewish is also not discussed and the Jewishness of the neocons, as well as the Jewishness, deliberately maintained for decades, of Hollywood. If you don't think organized Jewry, as they used to say, is deliberately keeping control of hollywood and much else of the news and entertainment media, maintaining de facto control, while 2.5% of the gen. pop., for decades, you simply are not thinking.
But who fucks up changing it are anti-Jewish morons who play right into the hands of Jewish power, when all that is needed is a rollback of that power to something approaching reasonable. But, this means discussing that disproportionate power, and the Bernaysian/Pavlovian social conditioning when the first disingenuous cunt shouts antisemite at discussion of that disproportionate power... sets in right away.
Yep.
Freedman spoke the truth.
Montevideo looks reaaaallllyy nice right about now.
what is it with the F***** adverts 4 hit me one after the other..comon ZH sort it out
firefox - adblocker plus and ghostery.
Well GC, you finally figured out that gold is capped... I am impressed. How long has gold been capped at 1200, except for a couple attempts at 1300s... year and a half... I have lost count... You are slow GC, but I guess you get there in the end...
You keep on making your predictions... one of these days you will get something right, and then you can make a living off that one right prediction till you retire...
You know what they say about a stopped clock...
Just wait until after the first week of November, we'll be back home from our vacation by then. If war starts, it will probably be an EMP in the winter so millions of urban folks will freeze to death. Maybe a couple dozen well placed forest fires in the fall to drive our resources to the edge. Combine that with a few well placed train derailments and/or tunnel closures and this country would shut down without our enemies firing a shot. We don't have stupid enemies, they are quite adept at asmmetrical warfare. America's weakness is the moribund, sclerotic bureaucracy that has promoted butt-snorkeling rump-swabs to afraid to make a decision at every position in authority. D.C. is a fetid sewer and needs to purged. I blame the media for creating this monster.
I've heard about the impending war, as close as this summer, with NATO arming up and the Russians preparing to defend the borders. But there won't be any war if everyone refuses to go. Imagine it, the slimy poiticians declare a war and all the armies refuse, USA included. What would the Cabal, the Vatican, and all the rest of the scammers and liars do then? We just refuse to play in their sandbox. It could happen...
the Vatican?
...come on, man.
You have to take a propaganda piece like this serious when it is a Banker talking about a coming war.
The problem is no one is talking about the Fundamental problems of 12 Years in a Credit Bubble with badly failing Money Velocity.
That is why Cash is being Locked Down. Going Cashless helps Liquidity between banks.
I would say we have a Liquidity Crisis RIGHT NOW.
Welfare is keeping a lid on the British Style Governance that we have now in the USA. Except for Ferguson, Baltimore, Florida, Philly, and a few other places.
All the Wealthy Corporations, Rich Families, and Private Executives are hoarding the cash they have looted. But that puts them in an Excellent position to fund World War III.
Big Labor Force, Low Labor rates = Good in bad economic Times
Low Savings & Wealth per Capita = Bad in bad Economic Times
Strong Businesses over $2 Billion Cap = Good
Small Businesses Declining = Bad
Proliferation of Laws, Corruption, Privileges for the Wealthy = Bad
Appearance of Multiple Classes in a Class System with Government as a Ruling Class = Bad
Massive Economic Structural Changes due to Complete Adoption of British Free Trade Model = Bad
TPTB Need to send us to War, Need to have enemies for the MIC, Need Destruction of the Country in order to Rebuild it, Creative Destruction ala Skull & Bones Order.
Nothing is Certain but Death & Taxes & Fraud & Greed, and when you make a deal with a Banker he is winning.
Get ready to learn the Death part of that.
Always about oil. When will we build a molten-salt nuclear power plant? After we've killed off the planet with oil wars and global warming?
Soros should know. He talks with Satan every day.
He is totally behind what is going on in the Ukraine. McCain is his little puppet along with 60% of the senate and Obola.
Would somebody please tell me how a sleazy old social tapeworm like Soros is still alive? What does he eat? Does he get special vitamins from his disgusting DC friends? He's well past his shelf life and rots more by the day. A dirty old man if ever there was one. Everybody knows he's a scammer and government meddler, yet for all the social upheavals he provokes he doesn't even get slapped with a restraint. And for all that loot he could at least get a face lift or transplant, he looks like a really ugly lab cadaver.
Soro's may be full of shit, but he has friends in high places too. You know he's telling us this shit straight from the horses mouth.
Guys like this are often alledged senior ranking members of the Committee of Closet Luciferians Who Rule over The Little People (The Puppet Masters over the Politician Tools). If so then he of all people should know, but there is one problem. Standard operating procedure for members of the COCLWROLP is falsehoods/subterfuge/misdirection so my bullshit meter says NO WAR and this is just another misdirection effort by the Luciferians.
The question is, "For what purpose"?
it says forces in the sth china sea, usa dont have much there.
Luciferians, never heard of them.
Sounds like misdirection to me, in the sense that neither Lucifer nor significant elite worship thereof exists.
Examine, I beg you, your premises.
Some of these numbers are a little strange. The US navy has a lot of subs. SSN are fast attack boats and SSBN are the ballistic missile boats. The graphic indicates 0-2 US subs there.
http://www.csp.navy.mil/content/comsubpac_subsquadrons.shtml
COM SUB PAC ( Commander Submarine Pacific ) indicates there are 29 Fast attack boats and 10 more ballistic missile boats in the Pacific Theater. If it gets hostile do you think we might move a few more there? And that is just one type.
Scaremonger bullshit on this article.
soros is full of shit, problem is he lets a lot of it out too frequently
Well if not war, then facing the fiscal mess is in order, so war it is....
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