New Private Blog post up with a look at the situation unfolding in the Russian equity market and it's effects on our portfolio in the Gold Goats 'n Guns Investment Newsletter. Access to the Private Blog is available for those that sign up with my Patreon at or above the $4.month pledge level.
The irony is so thick you'd think it was made from ballistic jelly. But, that's exactly what's needed to contain this shot across the election-tampering bow the Russians just pulled off. According to Coindesk, the city of Moscow is unveiling an Ethereum-based version of its voting system called Active Citizen. By putting the votes on … Continue reading Moscow Begins Crypto-Elections Testing: Thumbs Nose at U.S.
This isn't a big long analysis post. Russia's Duma approved the new cryptocurrency law on January 25th. It was published by the Ministry of Finance. You can read it in Russian here. I put the whole document through Bing Translator this morning for y'all to read. Federal law On digital financial assets Chapter 1. General … Continue reading Russia’s New Cryptocurrency Law — Translated
I've been critical of the Bank of Russia's slow-rolling their interest rate cuts for more than a year now. This ultra-conservative approach has worked to also slow the growth of the domestic Russian credit cycle, keeping borrowing costs well above the demand for Russian debt. Last Friday the bank lowered its benchmark lending rate 25 … Continue reading Russia’s Slow Walk to Financial Independence
Gazprom’s Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion. A report yesterday from Alex Mercouris at The Duran noted some frustration from China over the irregular liquefied natural gas (LNG) supplies coming from its … Continue reading The Power of Siberia and China’s Next Natural Gas Moves
In what can only be seen as smart geopolitics, Russian state oil giant Rosneft just paid the recently vanquished Iraqi Kurds $1.3 billion for E&P (Exploration and Production) rights in their region. Remember that both Syrian and Iraqi Kurds enjoy nearly complete autonomy to govern themselves within those countries. Baghdad isn't happy, but this is … Continue reading Rosneft End-Runs U.S. Kurdish Policy in Iraq
The headlines are ablaze this month with news from all over about new pipeline projects coming into Europe. Never one to miss an opportunity to do the U.S. State Department’s bidding in how it presents pipeline politics, Oilprice.com published a howler of a piece about the Southern Gas Corridor. Titled, “Is This the World’s Most Critical … Continue reading Pipeline Wars: Realpolitik meets Geography
The more I read the headlines the more I hope our nukes are no longer at Incerlik air base in Turkey. U.S. policy in Syria has morphed into this zombie strategy of advancing the “Assad Must Go” no matter what. No matter how many times the pro-Assad coalition shoots our goals in the head, the … Continue reading Turkey vs. the Kurds – The New Syrian Proxy War