Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Edge Lower
By: Chris Mullen, Gold Seeker Report

How the Midterm Elections Might Affect Gold and Silver
By: Clint Siegner

Technical Scoop - Weekend Update October 22 2018
By: David Chapman

SWOT Analysis: Gold ETFs Rally In Longest Streak Since April
By: Frank Holmes

This Is What A Paper Gold Short Squeeze Looks Like
By: John Rubino

Little Changes and Many Signals in the PMs
By: Przemyslaw Radomski, CFA

The Sky is Falling
By: Gary Savage

Useless But Not Worthless
By: Keith Weiner

Addressing Gold-Market Fallacies That Can Hamper Your Returns
By: Avi Gilburt

GoldSeek Radio: Ralph Acampora and CEO Niko Cacos, and Chris Waltzek


GoldSeek Web

When will the war in Ukraine hit global financial markets?

 -- Published: Monday, 1 September 2014 | Print  | Disqus 

By Peter Cooper

When ArabianMoney first pointed out back in March that the so-called separatists in the Crimea were in fact Russian soldiers out of uniform we got quite a few protests from angry readers who said we had no evidence to make this claim, apart of course from what we could see on TV with our own eyes.

Russia has kept spinning this lie for as long as possible. It has gotten the media coverage tangled up in semantic knots and confused the public. With more than a 1,000 Russian troops heading for a battle at the port of Mariupol today surely they will soon acknowledge their involvement.

Not a sideshow

The global financial markets have so far been prepared to ignore the Ukraine as some kind of sideshow in a far away place though US and EU sanctions are in place and Ukraine has signed an association agreement with the EU and just decided to apply for NATO membership.

NATO is very unlikely to admit a member under attack from a foreign power because that would obliged the military pact to declare war on Russia, which is nuclear armed as its leader reminded the press only yesterday. The EU could decide on further sanctions but may reckon this is just going to cost too much for a country that is not even yet a member of their club.

However, Russia is unlikely to get off scot free. Britain is proposing her ejection from the SWIFT banking settlement system and that would hurt. Then again Russia might ban EU car imports and that would hurt a lot too. Trade wars deepened the Great Depression in the 1930s and the EU is already on the brink of another recession.

On the other hand, is the EU really going to do nothing as Russian tanks roll across the Ukraine. Some analysts say this is just about keeping Ukraine destabilized and weak or creating a land corridor to Crimea.

But this is not really the way Russians do things. They won’t want to leave a dismembered Ukraine seething with ambition for revenge and applying for membership of every Western club that will have them.

Remember what happened in Budapest in 1956 and Prague in 1968? In both cases the governments of these Soviet satellites leaned too far to the West and Russian tanks appeared on the streets and there was a complete regime change.

Final solution

Is that the final solution for Ukraine? Would the West really do anything to stop it? If that is what Mr. Putin wants to happen then it will happen. He would completely re-write the rulebook of modern geopolitics in the process.

Perhaps only when global financial markets finally get it then they will react. Brain-dead analysts have only just woken up to what we talked about in March and have almost grasped the idea that this is all a Russian plot to takeover Ukraine.

As this penny finally drops trillions of dollars will be wiped off over-inflated financial markets. You have to consider what this means for energy prices and gas supplies this winter, the serious disruption to EU trade flows and new orders, and the cost of rearmament by NATO as the inevitable reaction.

Black swan event is hardly the right word. Our monthly investment newsletter has a battle protection plan for its subscription-only readers that we won’t be giving away for free here (subscribe today).


| Digg This Article
 -- Published: Monday, 1 September 2014 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2018 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.