NATO general pushed for war with Russia

Philip Breedlove, who served as the Supreme Allied Commander of NATO Allied Command Operations tried to escalate Ukrainian conflict in 2014. His aim was to make the US Army intervene but Barack Obama did not consent to that.

Last year Chinese Yuan (currency of 2nd biggest economy in the world) was formally added to the SDR basket – an international currency issued by the IMF. The set time of 12 months was agreed upon and time flies quickly, and on 30th September Yuan will be officially part of SDR.

In emails I received and discussions I saw and experienced there is a strong belief that independent measures of inflation (e.g., the Chapwood Index) are false and not trustworthy. I wanted to address this issue and show you how the rate of inflation is measured today - the CPI relied on by the most important institutions all over the world – historical background of it. Finally, I will compare different methods to find out which one is closer to the truth.

You should know the title as it comes from Nathaniel Rothschild, the father of central banking. It is true, that during turmoil most investors are scared for their assets and many assets plunge to very attractive levels.

The biggest central banks in the world are competing for being the best in destroying their respective currencies by printing. The process spans from Japan to Europe but in the US there is no official QE. Many observers talk about a very high possibility of returning to the printing press and this makes investors attracted to tangible assets. It is a very good option considering how low the price of most metals is today. Today we are at the level of 2009 bottom.

China is hiding capital outflows

Goldman Sachs discovered in what way the PBOC clerks hide capital flows outside China. Since October 2015 until June 2016, nearly 500 billion USD left China. To make the balance look good it was deleted from the PBOC’s statement on foreign currency transfers. When this was ont enough they also fabricated amounts wired.

Super La Nina is coming

Super El Nino is over. Unfortunately, the rate at which the temperature in the equatorial part of the Pacific Ocean rises, suggests that in 2017 we are going to see another anomaly called La Nina. I will spare the weather details and focus on the consequences for the world it can have. La Nina, if it comes (and the chances are high) will cause turbulences all over the globe.

In mid-July, there was an attempted coup in Turkey. After few days of the fight, president Erdogan regained control of the situation and media found other topics to focus on but what happened in Turkey has huge geopolitical weight.