Best of the Week
Most Popular
1. US Housing Market House Prices Bull Market Trend Current State - Nadeem_Walayat
2.Gold and Silver End of Week Technical, CoT and Fundamental Status - Gary_Tanashian
3.Stock Market Dow Trend Forecast - April Update - Nadeem_Walayat
4.When Will the Stock Market’s Rally Stop? - Troy_Bombardia
5.Russia and China Intend to Drain the West of Its Gold - MoneyMetals
6.BAIDU (BIDU) - Top 10 Artificial Intelligence Stocks Investing To Profit from AI Mega-trend - Nadeem_Walayat
7.Stop Feeding the Chinese Empire - ‘Belt and Road’ Trojan Horse - Richard_Mills
8.Stock Market US China Trade War Panic! Trend Forecast May 2019 Update - Nadeem_Walayat
9.US China Trade Impasse Threatens US Lithium, Rare Earth Imports - Richard_Mills
10.How to Invest in AI Stocks to Profit from the Machine Intelligence Mega-trend - Nadeem_Walayat
Last 7 days
Natural Gas Sets Up Bottom Pattern - 26th June 19
Has Gold Price Broken Out Or Not? Technicals And Fundamentals - 26th June 19
Stocks and XAU Gold Miners Next Bull and Bear Markets are Now Set Up - 26th June 19
Gold Price Trend Forcast to End September 2019 - Video - 25th June 19
Today’s and NINJA Loan Economy - 25th June 19
Testing the Fed’s Narrative with the Fed’s Data: QT Edition - 25th June 19
What "Pro Traders" use to Find Profitable Trades - eBook - 25th June 19
GDX Gold Stocks ETF - 25th June 19
What Does Facebook’s LIBRA New Crytocurrency Really Offer? - 25th June 19
Why Bond Investors MUST Be Paying Attention to Puerto Rico - 25th June 19
The Next Great Depression in the Making - 25th June 19
The Bad News About Record-Low Unemployment - 24th June 19
Stock Market New High, but…! - 24th June 19
Formula for when the Great Stock Market Rally Ends - 24th June 19
How To Time Market Tops and Bottoms - 24th June 19
5 basic tips to help mitigate the vulnerability inherent in email communications - 24th June 19
Will Google AI Kill Us? Man vs Machine Intelligence - 24th June 19
Why are Central Banks Buying Gold and Dumping Dollars? - 23rd June 19
Financial Sector Paints A Clear Picture For Stock Market Trading Profits - 23rd June 19
What You Should Look While Choosing Online Casino - 23rd June 19
INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - 22nd June 19
Here’s Why You Should Drive a Piece of Crap Car - 22nd June 19
How Do Stock Prices React to Fed Interest Rate Cuts? - 22nd June 19
Gold Bull Market Breaking Out! - 21st June 19
Post-FOMC Commentary: Delusions of Grandeur - 21st June 19
Gold Scores Gains as Draghi and Powel Grow Concerned - 21st June 19
Potential Upside Targets for Gold Stocks - 21st June 19
Gold Price Trend Forcast to End September 2019 - 21st June 19
The Gold (and Silver) Volcano Is Ready to Erupt - 21st June 19
Fed Leaves Rates Unchanged – Gold & Stocks Rally/Dollar Falls - 21st June 19
Silver Medium-Term Trend Analysis - 20th June 19
Gold Mining Stocks Waiting on This Chart - 20th June 19
A Key Gold Bull Market Signal - 20th June 19
Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - 20th June 19
Investing in APPLE (AAPL) to Profit From AI Machine Learning Stocks - 20th June 19
Small Cap Stocks May Lead A Market Rally - 20th June 19 -
Interest Rates Square Minus Zero - 20th June 19
Advice for Financing a Luxury Vehicle - 20th June 19
Stock Market Final Blow Off Top Just Hit… Next Week Comes the FIREWORKS - 20th June 19
US Dollar Rallies Off Support But Is This A Top Or Bottom? - 19th June 19
Most Income Investors Are Picking Up Nickels in Front of a Steamroller - 19th June 19
Is the Stock Market’s Volatility About to Spike? - 19th June 19
Facebook's Libra Crypto currency vs Bitcoin: Five Key Differences - 19th June 19
Fed May Trigger Wild Swing In Stock Index and Precious Metals - 19th June 19
How Long Do Land Rover Discovery Sport Brake Pads Last? - 19th June 19
Gold Golden 'Moment of Truth' Is Upon Us: $1,400-Plus or Not? - 18th June 19
Exceptional Times for Gold Warrant Special Attention - 18th June 19
The Stock Market Has Gone Nowhere and Volume is Low. What’s Next - 18th June 19
Silver Long-Term Trend Analysis - 18th June 19
IBM - Watson Deep Learning - AI Stocks Investing - Video - 18th June 19
Investors are Confident, Bullish and Buying Stocks, but… - 18th June 19
Gold and Silver Reversals – Impossible Not to Notice - 18th June 19
S&P 500 Stuck at 2,900, Still No Clear Direction - 17th June 19
Is Boris set to be the next Conservation leader? - 17th June 19
Clock’s Ticking on Your Chance to Profit from the Yield Curve Inversion - 17th June 19
Stock Market Rally Faltering? - 17th June 19
Johnson Vs Gove Tory Leadership Contest Grudge Match Betfair Betting - 17th June 19
Nasdaq Stock Index Prediction System Is Telling Us A Very Different Story - 17th June 19
King Dollar Rides Higher Creating Pressures On Foreign Economies - 17th June 19
Land Rover Discovery Sport Tailgate Not Working Problems Fix (70) - 17th June 19
Stock Market Outlook: is the S&P today just like 2007 or 2016? - 17th June 19

Market Oracle FREE Newsletter

Gold Price Trend Forecast Summer 2019

Ukraine Mounting Tensions, World at Boiling Point Exacerbated by News Media

Politics / Mainstream Media Mar 04, 2014 - 10:37 AM GMT

By: Michael_T_Bucci


The tensions in Ukraine continue to mount. Russian reports wrestle with Western ones, which are solidly aligned in demonizing Russia while concealing hard facts underlying a Western-engineered coup. I'm afraid independent writers in the West (and Russia too) submitting balanced opinion will find few venues available to them now; fewer friendly editors courageous enough to brave censure at the hands of our Western version of the "state-controlled" press. "War fever" - induced by major papers, AP, Reuters, etc., - infecting both conservatives and liberals - means McCarthyism II will no doubt be resurrected and enforced in short order. Dossiers from NSA Utah will help sort critics and dissenters from patriots.

A brief summary of recent Reuters headlines revealed Vladimir Putin "has invaded," or rather "is planning to invade," or rather "will invade," or rather "is about to invade" Ukraine. The editors at the Washington Post state: "What the Russian leader misunderstands most is that the center of gravity for the former Soviet Union has shifted west." ["Putin’s catastrophic error in Ukraine" Mar. 3]. The New York Times leading editorial lamented: "There was a lot to criticize about the way President Viktor Yanukovych’s government was thrown out in Ukraine and hurriedly replaced with an interim team," but the editors emphasized: "Yet none of this justifies Vladimir Putin’s cynical and outrageous exploitation of the Ukrainian crisis to seize control of Crimea, nor any other power grab he may be hatching." ["Russia's Aggression" Mar. 2]. The Guardian thinks: "Mr Putin's 'near abroad' policy is characterised by proprietorialism, zero-sum thinking and opportunism" ["Ukraine: Putin's Crimean grab" Mar. 2].

But whereto markets go from here, investors ask? The Times of London Justin Webb provided a solution: "Obama’s best weapon could be economic - using the fracking boom to kill Russia’s energy industry" [Mar 3]. Don't worry, assures Gideon Rachman at Financial Times, "Russia is in no position to fight a new cold war" [Mar 3]. Spiegel Online International spoke of EU monetary jitters over Ukraine's dwindling reserves, capital flight problem and uncertain financial future in light of this week's IMF "fact finding mission" to Kiev, but asked: "Will it be enough?" ["Economic Woes: The Uncertain Future of Ukraine's Finances" Feb 28]. Meanwhile, Rupert "Adam Smith" Murdoch's Wall Street Journal can't resist being "a real man" about matters: "Vladimir Putin's Russia seized Ukraine's Crimean peninsula by force on the weekend and now has his sights on the rest of his Slavic neighbor. The brazen aggression brings the threat of war to the heart of Europe for the first time since the end of the Cold War. The question now is what President Obama and free Europe are going to do about it," say the editors who hark on to categorically define history: ". . .former President Viktor Yanukovych, was deposed in a popular democratic uprising." ["Putin Declares War - Will Obama and Europe let him get away with carving up Ukraine?" Mar 2].

On the other side of the world at Asia Times, however, writers think differently and do worry. "What matters is that Kerry demanded virtual capitulation by Russia under the shadow of US retribution, and that's being plain dishonest and unrealistic. Nor can Kerry say there is no blood on his own hands" ["Ukrainian blood on Kerry's hands" M K Bhadrakumar, Mar 3]. The ever-perspicacious Pepe Escobar opined: If the North Atlantic Treaty Organization is a bull, this is the red flag to end all red flags . .  NATO's ultimate wet dream is to command a Western puppet Ukrainian government to kick the Russian navy out of its base in Sevastopol." ["Carnival in Crimea" Feb 28].

Headlines from Russia (March 3):


  • Russian Defense Ministry dismisses Ukraine ultimatum reports as ‘total nonsense’ 
  • Ukrainian servicemen on the territory of their military unit located some 80 km (50 miles) southwest of Simferopol, Crimea's capital, March 3, 2014. (Reuters / Vasily Fedosenko)
  • Kerry's threats vs Russia unacceptable, West sides with neo-Nazis - Russian FM
  • Training in hand combat among opposition fighters from the nationalist organization "Right sector" in a camp on Independence Square in Kiev. (RIA Novosti / Andrey Stenin)
  • Arms, 400 kilos of explosives seized from Kiev radicals on Crimean border
  • 12 videos showing why South-East Ukraine fears and stands-up to radical nationalists

RIA Novosti:

  • 3 South Ukrainian Cities Want to Join Crimea - Lawmaker
  • Ruble Dives to Historic Low, Stocks Crash on Ukraine Fears
  • Russia Says Ukraine Action Aimed at Protecting Human Rights
  • Russia Enlists Chinese Support on Ukraine Position
  • Russia Conducts Live Fire Exercises in Baltic
  • Russian Parliament Speaker Plays Down Talk of War in Ukraine

The Voice of Russia:

  • USAID got Maidan coup up and running – media

"The US online whistleblower magazine Pando has leaked documents suggesting the American government, in the form of the US Agency for International Development (USAID), could have played a role as force multiplier in the overthrow of Ukraine’s President Viktor Yanukovych, having funded a host of opposition groups prior to the revolution."

  • US House Majority Leader Eric Cantor

announced Monday that the House is considering “assistance to Ukraine in the form of loan guarantees.” Cantor also said the House is seeking options on sanctions against Russia.

  • Moscow does not consider its goal to return Viktor Yanukovych to power,

but continues to consider him a legitimate president of Ukraine, said Russia's envoy to the UN Vitaly Churkin."

* * * *

I believe Tom Engelhardt writing at Asia Times supplied the best diagnosis and prognosis:

"Take a look around and you'll see a world at the boiling point. From Ukraine to Syria, South Sudan to Thailand, Libya to Bosnia, Turkey to Venezuela, citizen protest (left and right) is sparking not just disorganization, but what looks like, to coin a word, de-organization at a global level. What is more or less absent - effectively missing in action - is outright war." ["Missing in action in world at boiling point" Mar 3].

Exacerbated by news media, world at boiling point.
Exacerbated by news media, outright war?

Look around you to find the answer.
Or wait.
Or pray.

By Michael T Bucci


(c) 2013 Michael T Bucci. All Rights reserved.

(Note: responses to emails might be delayed or not met.)

Michael T Bucci is a retired public relations executive from New Jersey presently residing in New England. His essays have appeared at The Market Oracle (UK). He is the author of nine books on practical spirituality including White Book: Cerithous.

© 2014 Copyright Michael T Bucci - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules