Re <<In case your not worried about crypto....maybe think again?>>
I am enthusiastic for the crippling of 'crypto currencies'
As I am biased towards not only the shutting down of crypto mines, but also shuttering gold mines, both on environmental grounds :0)
as then the value ought to migrate to utility coins and bum-rushed in such a way that enables the ramping of that 'other' but more ancient 'proof-of-diligent-work' 'social-network currency' we know as gold
in the meantime, today we watch gold, that which should tell us much, even as it is manipulatable and manipulated
we also watch oil
In the big picture …
(1) All eyes on Macron & Putin, the former in favour of a ‘European Army’ together w/ Germany, and the latter biased for Mother Russia zerohedge.com
(2) Germany must decide, stoppage of industry and fight for Ukraines together w/ far away USA, and far-enough away UK, or say ‘enough is enough, time for European Army w/ closer-France’ bloomberg.com
(3) Cannot exactly see the Ukraines become subservient to Russia again scmp.com
(4) US thinks China is watching the US on Ukraines, whereas more likely the case that China is watching Asia watching the US wsj.com
(5) A small war might just trigger palladium (Pd) and neon (Ne) to concurrently go Unobtainium, and should that happen, works stops, for either one or both reasons sufficient to stop-work protocol.com
(6) Even as oil ramps to $120 a barrel, and natural gas go asymptotic ‘transitorily’ of the sort that FED rate hikes cannot possibly contain except to within this solar system news.northeastern.edu
(7) In the meantime China appears to be disengaging from US treasuries wolfstreet.com
(8) … and hoarding commodities zerohedge.com
(9) Any wobbling of supply chains would just make matters more ‘interesting’
(10) We watch stackable gold, shiny palladium, sputtering natural gas, silky silver (not yet confirming any palpable sense of panic in anything or of any happenings), congelation of oil, and the dollar, to see if GUPUGUSUDUOUEED (Gold Up, Palladium Up, Gas Up, Silver Up, Dollar Up, Oil Up, Everything Else Down), and see BTC and crypto complex tested by true winter.
(11) Unclear, should ‘everything’ happens per sum total of all fears, what would happen to the relative pricing of Lambos vs BTC
(12) One of the two boyz best blink, else un-good happens sooner rather than later
2022 USA election is getting more interesting
bloomberg.com
Biden, Putin Agree In Principle to France’s Summit Proposal
Justin Sink
updated 8 minutes ago
Joe Biden and Vladimir Putin on June 16, 2021.
Photographer: Peter Klaunzer/Pool/Keystone/Getty Images
Presidents Joe Biden and Vladimir Putin have “accepted the principle” of a summit on the condition that Russia doesn’t invade Ukraine, according to a statement from France.
French President Emmanuel Macron proposed that the U.S. and Russian leaders hold a summit to discuss security and strategic stability in Europe, followed by a second summit with relevant stakeholders, the French presidential office said in a statement late Sunday. The substance would be prepared during a meeting by U.S. Secretary of State Antony Blinken and Russian Foreign Minister Sergei Lavrov on Thursday, it said.
The White House confirmed that Biden has accepted the meeting in principle if Russia doesn’t invade.
“We are always ready for diplomacy,” White House Press Secretary Jen Psaki said in a statement. “We are also ready to impose swift and severe consequences should Russia instead choose war. And currently, Russia appears to be continuing preparations for a full-scale assault on Ukraine very soon.”
U.S. equity futures turned higher and Asian stocks pared losses following the statements. Demand for havens such as sovereign bonds and gold eased.
The Biden administration has warned for weeks of a potential Russian attack on Ukraine, with the U.S. president saying on Friday he’s convinced Putin has decided to move and that an invasion could come within days. Moscow continues to deny it plans to invade Ukraine and says it is already pulling troops back from areas near the border, though the U.S. has disputed that.
Read more: U.S. Warns That Russia May Target Multiple Cities in Ukraine
The timing and format of the summit are still to be determined, and it will be called off if Russia invades Ukraine, according to a U.S. official who asked not to be identified.
An hourlong call between Biden and Putin earlier this month failed to make headway in easing tensions, leaving both sides at an impasse. Biden warned of “severe costs” while Putin accused the U.S. of failing to provide him with security assurances he needs to back down.
Since then, the U.S. has ratcheted up its rhetoric, asking Americans to leave Ukraine, while making clear it won’t send in troops. The U.S. has also told allies that any Russian invasion of Ukraine would potentially see it target multiple citiesbeyond the capital Kyiv, according to three people familiar with the matter.
— With assistance by Sunil Jagtiani
(Updates with White House confirmation) |
