Russia’s Credit Ratings Continue To Rise And Rise

Russia is one of the biggest FOREX holders on earth after the Chinese and Japanese.  The US has seven trillion in IOUs held overseas due to the biggest trade deficit in the history of humanity.  The US tried desperately to destroy Russia’s banking system this year.  But it was, as I accurately predicted, a laughing failure.  Instead, the mess caused the euro to nearly collapse.

All Speculative Bubbles Are Bad

Has Russia Just Pulled Itself Out Of The Petrodollar? The graph above shows a classic speculative bubble.  The futures in the derivatives oil markets which is like the Chicago farm futures market, is prone to speculative bubbles.  When these happen and consumer prices shoot upwards, we have an inevitable crash.  All speculative bubbles pop.  They have done this for the last 400 years.  Each cycle of bubble/collapse leads to vain attempts at preventing bubbles that collapse after while.  That is, people are burned by bubbles and then do it all over again once the memory of the pain fades.  But if governments intervene to prevent speculator pain, they go merrily from one bubble to the next with no hesitation expecting to be bailed out over and over again, faster and faster.

 

Oil Prices Drop, EU Leaders Want End To War On Russia, Texas Reels

Francois Hollande suggests sanctions on Russia should be lifted | Daily Mail Online: Germany is eager to stop the charade, too.  The demonization of Putin and then replacing him with an oligarch who would dismember and sell off Russia, has failed miserably.  Putin is now coping with a global sudden oil futures ‘glut’.  That is, the futures bidders thought Russia would be knocked out of world markets last fall, bid up future prices which now are nosediving, driving many speculators into bankruptcy.

Near Record Sea Ice During ‘Warmest Year Ever’ While World Oil Futures Continue Fall

Global Sea Ice Area Second Highest On Record as the ICPP claims this is the warmest year ever.  The cold cycles have shifted mainly to Europe and Asia this winter, this month.  While we have a global oil glut caused by derivative futures deals made by traders, all the oil export nations including Russia and Saudi Arabia are seeing profits fall.  The US is betting on Russia falling into chaos due to this but I am betting it will be the Saudis who will fall.

Oil Prices Fall, OPEC In Chaos, Derivative Markets In Hysteria

Goldman Sachs Loses Money So Gold Prices Fall | Culture of Life News

 

OPEC was from day one, a cartel.  Like all cartels, they made lots of money at first.  But over time, everyone under the sun began competing because prices were artificially high and this lead to the inevitable gluts and sudden price collapses.  The only tool to fix this for the Saudis and Texans was to generate wars against energy producers and boycotts like the one against Iran.  This has now failed utterly.  Also, rich bankers cooked up a stupid commodity futures scam called ‘derivatives’ which originally was only for wheat and corn, betting on the weather.  Now, it is everywhere and utterly toxic and extremely prone to create price bubbles and collapses.  This stupid market always goes rapidly to infinity and infinity is the bane of humans because it always ends with nothing instead of everything.

 

Earth Was 8F Higher In Previous Interglacial Cycles, Greenland, Antarctica Nearly Ice Free

Julie Brigham-Grette presents Lake El’ gygytgyn Research – YouTube

Elgygytgyn Lake is in Siberia near the Arctic Ocean and Alaska.  It is an impact crater that has never frozen during Ice Ages because the Ice Age glacier cover is VERY uneven just as super cold wave vortex events are very uneven though these follow a rigid, set pattern covering the same areas with glaciers every Ice Age.  We see clearly from the above charts showing pollen levels that not only are the Ice Age/Interglaical events more violently opposite of each other, that this has been a gradual cooling off process with the highs getting slightly lower each cycle but the lows getting much, much colder each cycle.