Obama In Shock After US Oil Giant Sides With Putin; Declares “No Ukraine War”

A stunning report prepared by the Ministry of Foreign Affairs (MoFA) outlining the agenda of Foreign Minister Sergey Lavrov for his meeting today with US Secretary of State John Kerry at the Hague Nuclear Security Summit reveals that President Obama is still in “shock” after being ordered by the Chairman, President, and CEO of Exxon Mobil Corporation, Rex Tillerson, to allow Russia’s annexation of Crimea or face “immediate domestic political annihilation.” According to this report, Tillerson is the head of this giant American multinational oil and gas corporation, headquartered in Irving, Texas, that is a direct descendant of John D. Rockefeller’s Standard Oil Company and is the world’s third largest company by revenue. Important to note, this report continues, is that Exxon Mobil has long charted a course separate from that of the United States government as evidenced by Tillerson’s predecessor, former CEO Lee Raymond, once stating, “I’m not a U.S. company, and I don’t make decisions based on what’s good for the U.S.” Tillerson, this report further notes, has in many ways merged Exxon Mobil with Russian energy giant Rosneft. Not only are they exploring for oil together in the Arctic as part of a $500 billion joint venture formed in 2011, these two companies are planning to frack shale fields in Siberia, drill a well in the Black Sea, and start construction on a natural gas export terminal in eastern Russia. Exxon Mobil has such a good relationship with Russia, this report says, that last summer (2013) Putin awarded Tillerson the Order of Friendship during an economic forum in St. Petersburg. As to Tillerson’s actions in averting a war over Ukraine, this report says, was his ordering Obama to abandon all support for Japan’s claim to the resource-rich Sea of Okhotsk before the United Nations Commission on the Limits of the Continental Shelf (CLCS) in order to prevent an all-out Russian invasion. Obama immediately obeyed Tillerson’s demand, this report continues, and on 15 March, after all US objections were dropped, the UN awarded the Sea of Okhotsk to Russia thus opening the way for massive oil and gas exploration on this continental shelf of which both Exxon Mobil and Rosneft will be the beneficiaries of. This report also notes that Tillerson further ordered Obama to immediately allow Russia’s annexation of Crimea as both Exxon Mobil and Rosneft are currently investing billons to recover the over 1.25 trillion cubic meters of conventional gas recently discovered in the Black Sea, and which many of the world’s energy giants are now, also, rushing deep-water drilling rigs to the area to recover too. With Crimea now being brought back into Russia, this report continues, the formerly Ukrainian state-owned Chornomornaftogaz oil and gas company, located in Simferopol (capitol of Crimea), which stands to make billions from the Black Sea gas bonanza, can now be nationalized and sold to Exxon Mobil and Rosneft as opposed to being “looted by Kiev.” Critical to note, this report says, is that the 23 February Ukrainian coup d’etat was instigated by the US and EU after the Yanukovych government turned down US Chevron Corp’s and EU’s Shell’s “fuzzy-edge but claimed-as-enticing proposals” to accelerate investment in shale gas and shale oil E&P (exploration & production) in Ukraine. Should the Yanukovych government have accepted the Chevron-Shell offer, this report warns, both Exxon Mobil and Rosneft stood to lose billions, but which (obviously) Tillerson was not about to let happen. Most intriguing about this report are the excerpts of the conversations held between Tillerson and Obama where the Exxon Mobil CEO appears to have lectured the American leader on the realties of both Ukraine and Crimea stating that without them being split apart, stability could never be realized due to the advantage held by Russian language voters over their Western-leaning counterparts. In fact, this report notes, with Crimea and its over 1 million Russian voters now out of Ukraine, it is now assured that this economically bankrupt nation will become yet another “financial black hole” to both the US and EU after its citizens vote, on 25 May, for what they mistakenly believe will be a Western-style government that will lift them out of their poverty and misery. And with Ukraine’s new Right Sector leader, Igor Mazur, railing against “Jewish Oligarchs” he has vowed to wipe out, this report concludes, the Western targeting of the business interests of these oligarchs does nothing more than open the doors for the takeover of a sizeable portion of Ukraine’s private sector by EU and US corporations. Even worse, MoFA experts in this report say, with Ukraine’s external debt now on the order of $140 billion, the US-EU-IMF aid package (said to be on the order of $15 billion) doesn’t even approach this troubled nations outstanding short-term debt which is $65 billion, more than four times the amount promised by these Westerners. In other words, this report says, this loan is “fictitious money” as not one dollar of this money will enter Ukraine, but will, instead, go to its main creditors…two of whom are Exxon Mobil and Rosneft. Source:  http://www.eutimes.net/2014/03/obama-in-shock-after-us-oil-giant-sides-with-putin-declares-no-ukraine-war/

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Common Law Grand Jury Files against State of New York Supreme Court & Notifies Sheriffs

Thank you, Drake, for this update. As I mentioned in a previous post, John Darash and crew are moving forward quickly with the spring cleaning in the courts—beginning with New York State.  Canada, the UK, Ireland and Australia have also expressed an interest in doing likewise in their respective jurisdictions. Other countries will follow. You can view the Summons here to named parties. You can view the memo to the Sheriffs here. BIG things are happening, folks.  Do you hear that tell-tale sucking sound? The cabal and its minions are going down the drain. This is our future: No more gold-fringed flags in the courtroom signifying maritime or statutory law; No more corrupt politicians or judges; No more attorneys in governance; No more incentive programs to put as many people in jail as possible to line officials’ pockets—and that’s just for starters! The Constitution and other founding documents will dictate how we govern. Transparency in all things. THAT is our future and it will be a very sweet victory indeed. Visit the National Liberty Alliance web site for more information. Source:  http://2012thebigpicture.wordpress.com/2014/03/25/common-law-grand-jury-files-against-state-of-new-york-supreme-court-notifies-sheriffs/  

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Iraq Buys Massive 36 Tonnes Of Gold In March

From GoldCore Iraq Buys Massive 36 Tonnes Of Gold In March   Gold rallied from the lowest price in more than four weeks on safe haven demand after the G7 nations threatened more sanctions against Russia after the annexation of Crimea. Meeting for the first time since last week’s annexation of Crimea by Russia, G7 leaders said they won’t attend a G8 meeting that had been set for Sochi, on Russia’s Black Sea coast, and will instead hold their own summit in June in Brussels. The G7 said in a statement that they remain ready to “intensify actions”, including coordinated sectoral sanctions. Trading volumes on the COMEX in New York today are 49% higher than the average for the past 100 days for this time of day, according to data compiled by Bloomberg. Palladium fell 1% to $786.20 an ounce. The precious metal rose above $800/oz yesterday, the highest  since August 2011, on concern that supplies from top producer Russia will be disrupted. The Central Bank of Iraq said it bought 36 tons of gold this month to help stabilise the Iraqi dinar against foreign currencies, according to a statement from the bank that was emailed this morning. It is very large in tonnage terms and Iraq’s purchases this month alone surpasses the entire demand of many large industrial nations in all of 2013. It surpasses the entire demand of large countries such as France, Taiwan, South Korea, Malaysia, Singapore, Italy, Japan, the UK, Brazil and Mexico. Indeed, it is just below the entire gold demand of voracious Hong Kong for all of 2013 according to GFMS data (see chart).                                       Demand By Country (GFMS via Thomson Reuters) Iraq had 27 tonnes of gold reserves at the end of 2013 according to the IMF data and thus Iraq has more than doubled their reserves with their allocations to gold this month. Gold remains less than 5% of their overall foreign exchange reserves showing that there is the possibility of further diversification into gold in the coming months. The governor of the Iraqi Central Bank, Abdel Basset Turki, told a news conference that, “the bank bought 36 tonnes of gold to boost reserves and this move is to strengthen the financial capacity of the country and increase the elements of security and insurance reserves of the Central Bank of Iraq.” He said, “the purchase quantity comes with the aim of achieving the highest stages of the financial soundness for Iraq”. He pointed out that the measure comes within the purview of the central bank in the use of the fiscal policy tools  of Iraq. “The Bank has purchased large quantities of gold bullion with a very high purity and in accordance with the approved international standards,” according to the Iraqi central bank. He added that “the central bank seeks through the purchase of large quantities of gold to stabilize the Iraqi dinar against foreign currencies.” Iraq quadrupled its gold holdings to 31.07 tonnes over the course of three months between August and October 2012, data from the International Monetary Fund shows. The IMF’s monthly statistics report showed the country’s holdings increased to some 23.9 tonnes in August 2012 to 29.7 tonnes. That was followed by a 2.3-tonne rise in September to 32.09 tonnes and then a cut of 1.02 tonnes in October 2012 to 31.07 tonnes. It is Iraq’s first major move to bolster its gold reserves in months. The central bank of Iraq’s doubling of its gold reserves this month is important as there are many oil rich nations in the world with sizeable foreign exchange reserves, primarily in dollars, and only a small allocation to gold by these central banks alone could lead to higher gold prices. 36 tonnes is a lot of physical gold, however in terms of dollars it is worth just $1.522 billion which is a tiny fraction of the $80 billion of foreign exchange reserves that Iraq holds. Energy rich Russia alone has foreign exchange reserves of some $440 billion. Should they decide to allocate a sizeable portion of their reserves to gold, it would rapidly result in materially higher prices. Signs that the global economy is slowing down and the most serious confrontation between Moscow and the U.S. and its allies since the end of the Cold War is likely to lead to central banks continuing their foreign exchange diversification. Central banks and the smart money will continue to dollar cost average and accumulate bullion on dips. Source:  http://www.zerohedge.com/news/2014-03-25/iraq-buys-massive-36-tonnes-gold-march  

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