Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Wednesday, March 19, 2014

Reality Check On Crimea



The West should redo its homework. Crimea has always been an integral part of Russia. It took a Ukrainian (Khrushchev) to transfer the peninsula over to the Ukraine. Since it was an act of a Soviet governmental political mechanism, it appears that after the fall of the Soviet Union, the surprisingly real-estate-like deed could be considered null and void. Moreover, Russia, the internationally recognized caretaker for all matter and obligation left over from the Soviet era, is the rightful authority on the disposition of the decisions by USSR's government. Then it makes sense that now, Russia, and Crimean Russians, have the right to decide the ultimate state of the peninsula.

It is also a double standard: the US has the right to put together a posse and invade faraway countries, but Russia cannot repossess its rightful possession with its own ethnicity. Not fair.

The poster is cute and poignant, but a reminder of fairness which Putin pointed out: during the most dangerous moments of Cold War, USSR (Russia) never used oil to blackmail the West. Unlike the Moslems with their petro-tantrums.


Monday, November 19, 2007

No Need to Go To The OPEC Meeting

The Queen's policy seemed to have worked, or even paid off when today's OPEC meeting turned out to concentrate on the problem of non-OPEC influences on the price of oil. Instead of the organization's mere discussion of raising or lowering production quotas, the oil demand by India and China turns out to be a more significant driving factor behind the prices.

The weakened US economy, with its chain-reaction effect on the dollar, and subsequently, the OPEC's member countries currencies pegged to the greenback does not bode well, neither the prospect of milking out an additional million or two per daily quota.

For those who remember the alleged SCS (the name is still media-defined) report that Russia's Putin was overheard discussing with Iranian and Venezuelan dictators the manipulation of world politics as a means to control the price of petroleum. Who heeded the report? The US administration is still hiding its head in the sand, or sticking to the lily-livered castles of the globalization, or its intelligence community is doing all of the above plus singing to the tune of the late CIA Chief Casey's "There are no Kremlin moles in the CIA."

The Queen was right in establishing the interim U.S. dollar as the currency for Attland, which was a prelude to the gold standard. That plan turns out to have saved us from worrying about the falling US dollar, the rising cost of petroleum and gold.

Sunday, November 18, 2007

Atlantic exports: more than just gold

The eye on gold would see that the amount of dollars yielded from gold sales would weaken dollar even more, but the dollar certificates bearing itnerest traded at a slightly higher price of $1.021 to a dollar bearing the same lucrative 3.75%.

Atlantic exports

According to the Attland Council of Commerce:

In the Industrial sector, many of these technologies turned out to have contributed to impressive export volume in the past 5767 year.

  • optronic computers, components, displays, marquees, intelligent cameras, and optronic-electronic interfaces
  • hybrid automobiles, parallel, serial, and other variations
  • high-performance super-digitized automotive engines
  • synthetic wood
  • high-performance turbine engines
  • floating refineries
  • modular nuclear reactors
  • diamonds, gems
  • crystal-impregnated plastics
  • specialty luxury jewelry and watches
  • medical sensing instrumentation
  • oil development equipment
In the agriculture sector:

  • the bread tree (not to be confused with the breadfruit tree) products -the leaf paste, the fruit and its pulp, the petals, the bark and other edible and non-edible harvest derivatives
  • the chocolate carob products- the pure chocolate that is 99.99% identical to chocolate that is free from any other processing stages
  • new llama-alpaca breed wools
  • spider and worm silks
  • new variants of vanilla
In the service sector, there is:
  • the gold banking services, led by the Atlantic Royal Bank
  • the wholesale deposit insurance, led by Koborg Capital Security, an ARB affiliate
and that returns us to The Eye on the Gold topic