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If we look at the energy trade data, US imports almost no natural gas from Russia. I do not know the oil import data. But it does not make sense for US to import directly from Russia. Some of the Russian oil cargo may have changed owners a couple of times from Europe. Some of those cargo may...

History repeats itself. West exited Africa citing the reasons of corruption, no respect of human rights, lack of democracy. So we left Africa to itself for constant civil wars. Then China came along. Offered a lot of economic assistance. Now China controls a lot of African natural...

Also, demand destruction is coming. Whenever we see $4.50 or $5.50 per gallon gas prices, it is a shock. People certainly want to drive less. Some people may choose to work from home. Demand destruction will be severe in developing countries. When people have the habit of driving less, the...

Think about this. West supplies advanced weapons to the lawless Syria and Ukraine. Some of the volunteers are extremists. Now West Europe wants to build LNG terminals and want to ship all the LNG from Saudi and UAE etc. All those ship have to pass through Red Sea, Suez Canal etc. It will...

All the oil price talk is BS. The world is free economy. Only the countries from the West cares about not using Russian oil. The rest of the world does not care, or they can't care. Even India can't do anything and is not willing to do anything. They will search for all the cheap oil they...

History is going to repeat itself again.

You do not understand it at all. If any Western country freezes foreign reserve, that country does not have to fulfil its obligation. It can just refuse to pay any foreign debt holders. Legally this is no man's land. All rules are broken and hell gets loose. So why one party breaks the...

Remember that one country can never keep its own currency as foreign reserve. Any country can print its own money. There is no sense to hold own currency as reserve.

But you know China can't hold Yuan as FX reserve. So they have to buy something. Certainly not Western currencies like Japanese Yen, US Dollar, not Swiss Franc, or Russian Ruble. It is the metal.

What legal obligations you talking about? Their $$$ is in US bank and US won't allow them to use it. Where they get the $$ to pay? Does not make any sense.

This is a wake-up call for China. It holds mountain of US treasuries as reserve. I think China wants to buy more gold and unwind the treasury holdings. This is a good time to sell. I do not think US has the capability to crush the gold price.

We get to the legal graveyard.

The Zaporizhzhia Nuclear Power Station built from 1980-1986 by the former Soviet Union. It was not even Ukrainian. But it just happened that it was built within Ukraine's current border. The Soviet or the Russians built it. They know the best.

Why you think Russians will get rid of Putin. Just like our senator Lindsey Graham has been promoting? He is so insane.

You think all the NATO arms into Ukraine will minimize the deaths of both Ukrainians and Russians? When all those arms go into civilian's hands, it is going to be the hell that gets loose. With Ukraine this large, it is going to have far bigger impact to the security of the entire Europe...

Sure as you say.

@piezoe Ignored your BS.

Sure, then international community can bail them out. Sure no Russian help this time.

How do we know the fire is caused by Russian army? It could be sabotage to fend of Russian army. Russian army just has no single reason to attach a nuke plant.

This is one of the stupidest statement ever made. So we want to turn Ukraine into another Syria. And ISIS can enter easily. So you think ISIS is better than Russian army?? If US and Europeans want to turn Ukraine into another failed state, EU is at risk. With the visa free travel inside EU...