Best of the Week
Most Popular
1.UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness - Nadeem_Walayat
2.BrExit Morning - New Dawn for Britain, Independence Day! - Nadeem_Walayat
3.LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - Nadeem_Walayat
4.BrExit Implications for UK Stock Market, Sterling GBP, House Prices and UK Politics... - Nadeem_Walayat
5.Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - Nadeem_Walayat
6.FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result - Nadeem_Walayat
7.UK Interest Rate Cut to 0.25% Imminent and More QE Money Printing - Nadeem_Walayat
8.Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - Nadeem_Walayat
9.The Stock Market is Reading it Wrong! - Chris_Vermeulen
10.Breakouts Galore in Gold and Silver - Jordan_Roy_Byrne
Free Silver
Last 7 days
Silver Market COT Stuns: What's Going On Here? - 24th July 16
Gold Demand Remains Stable During Sector Weakness - 24th July 16
Sernova, Diabetes and Haemophilia - 24th July 16
Russia: Tensions, Turmoil, and Western Hubris - 24th July 16
Soybean Commodity Price to Soar Again - 23rd July 16
SPX Stock Market Uptrend Continues - 23rd July 16
Gold And Silver – Debt Addiction Will Carry Precious Metals Higher, Guaranteed - 23rd July 16
Pokemon Go - How to Play, First Use, Balls, Stops, Catching Pokemon's... Great Excercise! - 23rd July 16
7 Signs That the Gold Market Remains Resilient - 23rd July 16
Basic Income in The Time of Crisis - 23rd July 16
Silver Bull Faces Correction - 22nd July 16
The Serious Warning No One’s Talking About - 22nd July 16
Stock Market Insight from Greed, Volatility, and Put/Call Ratio - 22nd July 16
What Will Happen To the Stock Market When Interest Rates Rise? - 22nd July 16
How to Escape the World’s Biggest Ponzi Scheme - 22nd July 16
Addicted to Debt - We Can’t Borrow from the Future Anymore - 21st July 16
Not Everything Is Bullish for Gold - 21st July 16
Don’t Get Sucked Back Into the Stock Market - The Big Picture Hasn’t Changed - 21st July 16
Silver – Caught Inside - 21st July 16
Forex: "The Markets Are Getting Exciting!" - 20th July 16
China Economic Troubles - Is Kyle Bass Finally Getting His Revenge? - 20th July 16
Why Lithium Will See Another Price Spike This Fall - 20th July 16
The Peak Oil Paradox Revisited - 19th July 16
SPX Challenges the Upper Trendline - 19th July 16
Missing ’28 Pages’ of the 9/11 Report Released into Blitzkrieg of World Events - 19th July 16
Likelihood of Organized Disruption at GOP Convention - 19th July 16
More on the ‘Breadth Thrust’ and Stock Market Internals - 19th July 16
FX Traders: Get a Free Week of Forecasts (Details inside) - 19th July 16
Ups and Downs in Gold and Crude Oil Price - 19th July 16
Keep an Eye on ‘Bitcoin’ as the Next ‘Financial Crisis’ Starts! - 18th July 16
Erdogan Might Have Known about the Coup but Didn’t Prevent It on Purpose - 18th July 16
More Deflation Ahead: Silver, Gold And Their Mining Stocks A Must-Have - 18th July 16
Stock Market Minor Top? - 18th July 16
5 Best Gold and Silver Junior Mining Stocks in 2016 - 17th July 16
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth - 16th July 16
How Long Can Buybacks Continue To Support A Market Which Is Standing On A Fundamentally Flawed Premise? - 16th July 16
Will They Come For Your IRA? - 15th July 16
Gold’s Record Selling Overhang - 15th July 16
Capitalism Has Entered a New Era—and Historic Stock Market Investing Returns Are Gone Forever - 15th July 16
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years - 15th July 16
Junior Gold and Silver Mining Funds or Individual Gold and Silver Mining Stocks - 15th July 16
The Soaring Risk of Flying in Bernanke's Helicopter - 15th July 16
The Broad Stock Market, Helicopters and Gold - 15th July 16
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her - 15th July 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Forex Forecasts

Will Turkey Drag NATO into War With Russia in Syria?

Politics / Syria Nov 25, 2015 - 07:15 PM GMT

By: Nadeem_Walayat

Politics

Turkey finally laid down the gauntlet for Czar Putin in his Syrian military campaign to support fellow dictator Assad. What is becoming apparent that the schedule for the route of the Russian daily bombing raids on North West Syria were well known to the Turkish military who laid in wait, primed for their 17 second window of opportunity when Russian war planes were expected to cross a sliver of contested land and so had their F16's cruising at the tip of Turkish airspace, firing their sidewinder missile at the most opportune moment which then traveled for some distance as it played catch up to eventually hit the Russian plane that by then was back well within Syrian airspace.


All of which was conveniently filmed by a myriad of camera crews on the ground that caught every aspect of the event hollywood style.

Both Russian pilots successfully ejected but were then machine gunned as they parachuted to the ground by the Turkomen of Northern Syria in a region that Turkey hopes to some day annex from Syria much as Israel stole the Golan Heights from Syria many decades ago.

To make matters worse, Turkomen armed with US anti-tank missiles were soon able to bring fire down on the Russian search and rescue helicopters as they sought to locate the surviving Russian pilot, successfully blowing one up and further killing at least 1 Russian.

Nevertheless Turkey gave Russia a bloody nose, not because of incursion into Turkish Airspace but for the campaign Russia is fighting against its own Turkish insurgency in North West Syria. That and the fact that whilst the focus for Russia is on protecting the Assad dictatorship, and the West in defeating ISIS, meanwhile the Turkish regional super power is at war against the Kurdish armies who themselves are attempting to carve out a greater Kurdistan out of Syria.

All of which suggests that Syria is being ripped apart by the neighbouring states as they seek to create 'buffer zones', much as Israel created the golan heights buffer zone out of Syrian territory and so Turkey is attempting create its own permanent buffer zone that it will soon militarise whilst at the same time attempting to subdue the Kurdish armies as they wage their own western backed terror campaign across North East Syria. That I am sure will one day become the West's New bogeyman to attack as the Kurds attempt to carve out a state out of Iraq, Syria and of course the NATO member Turkey.

Turkey is clearly playing a game here as the regional super power that has the trump card of NATO membership that helps protect it against retaliation from the likes of Russia, which in this instant is to send a message to Russia to quit bombing the Turkoman insurgency of North West Syria.

With so many conflicting objectives then there is a great risk of a ms-calculation such as the shooting down of the Russian jet that results in a chain reaction of events that leads to an escalation of the conflict as Turkey a NATO member is able to call upon the whole of Europe to come to its defence should Russia retaliate against Turkish territory.

And it is into this quagmire that David Cameron so desperate to please the United States by wishing to commit Britain's meager military forces to the civil war, though on a far smaller scale than that of Tony Blair who led Britain into George Bush's war on Iraq all to please Daddy Bush, the resulting chaos and bloodshed of which sowed the seeds for today's Syrian civil war, as Al-Qeeda in Iraq morphed into ISIL and then today's Islamic State, all of which have George Bush and Tony Blair to thank as the enabler's for their death cults.

Ensure you are subscribed to my always free newsletter for ongoing in-depth analysis and concluding detailed trend forecasts that include the following planned newsletters -

  • London House Prices Bubble
  • US House Prices
  • US Dollar Trend Forecast
  • Stock Market 2016
  • Islam 3.0

Also subscribe to our Youtube channel for notification of video releases and for our new series on the 'The Illusion of Democracy and Freedom', that seeks to answer questions such as 'Did God Create the Universe?' and how to 'Attain Freedom' as well as a stream of mega long term 'Future Trend Forecasts'.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2015 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

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 trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2016 http://www.MarketOracle.co.uk - 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

Catching a Falling Financial Knife