Coffee and Chinese Bailouts and Russian Gold…

So as I was drinking my morning cup of coffee. I was doing some thoughts on what is happening on this side of the world. Is anyone watching what the Chinese are up to in Europe? It looks to me like they are buying bonds of several + European nations that are struggling. They buy these bonds at a bargain rate after selling toxic US Treasury bonds to buy these new bargain bonds. Looks to me like they are playing Europe and America as a game. I also see by the news that Germany is relieved about the lessening of pressure to support failing countries. The fact that shows that, is Germany has opened her doors to China with multitudes of technology. In hopes of more money being transferred to Europe in support of failing countries…

The seemingly valid (or not) support for the Euro has many upsides to China. It allows China to reduce dollar dependence as they spend those dollars all over the world…

I also hear from the grapevine that China intends to convert all those toxic bonds that they have of the USA’s and convert them to Gold and Silver. Of course not all at once…

So now speaking of gold and silver: Russia has had a slew of articles making sure the world knows that they are buying gold by the tons. In fact just today there was news on the wire about how Russia is wanting private individual gold miners to have free access to mining gold in Russia. In fact it was stated something like, “The State Duma has passed adjustments to the Federal Law on Mineral Resources. The Entrepreneur for gold has support!” This it is said, is to make the availability for private individual gold miners to pan for gold legal. It seems that Russia sees this as a way to increase her huge gold supply faster and keep more people from trying to escape Siberia in search of better money… 🙂

Take it how you want, but things are changing fast in the world. Gold is becoming the stable money again. Paper is not stable…

START Treaty is now a FART Treaty…

Obama the president of the USA signed the START Treaty. But not without exclaiming about the real issue and thorn in the treaty, that has come out with Russia:

“It is the policy of the United States to continue development and deployment of United States missile defense systems to defend against missile threats from nations such as North Korea and Iran, including qualitative and quantitative improvements to such systems,” Said Obama…

“Consequently, while the United States cannot circumscribe the sovereign rights of the Russian Federation under paragraph 3 of Article XIV of the Treaty, the United States believes continued improvement and deployment of United States missile defense systems do not constitute a basis for questioning the effectiveness and viability of the Treaty, and therefore would not give rise to circumstances justifying the withdrawal of the Russian Federation from the Treaty,” Said Obama…

Hummm…

That is not what Russia thinks and what Obama signed as a START Treaty makes that clear. America had changed the START Treaty and Russia responded in like form…

Now we have a START is a FART treaty…

If America farts over missile defense without Russia being happy. Oh – the stink will hit the fan…

We should have left the treaty alone as it was first presented. The new Russian wording and amendments are serious issues to Russia…

Who plays chess and who plays checkers?