iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,468 Blog Posts

RUSSIAN CRISIS ESCALATES: MOSCOW THREATENS FINLAND AND SWEDEN WITH MILITARY CONFLICT; NATO PLACED ON HIGH ALERT

This is beginning to get a little more than serious, especially with this backdrop.

Here are some more than concerning headlines:

Biden admin presented China with intelligence on Russia’s troop buildup in hopes Xi would step in. Chinese officials rebuffed the U.S. and apparently shared the information with Moscow.

PUTIN: AMERICAN ADVISORS HAVE ENCOURAGED UKRAINE FORCES TO USE CIVILIANS AS SHIELDS

NATO Head Stoltenberg – Cyberattacks “can trigger Article 5”.

Italian government: “We support Russia’s expulsion from SWIFT.”

CHINA’S XI TOLD PUTIN HE RESPECTS RUSSIA’S ACTIONS, AFFIRMED READINESS FOR CLOSE COORDINATION AND MUTUAL SUPPORT AT UNITED NATIONS – KREMLIN

WESTERN OFFICIALS FEAR RUSSIA WILL NOW START BOMBING UKRAINIANS INDISCRIMINATELY, AND EVEN WITH THERMOBARIC WEAPONS IF PROGRESS CONTINUES TO BE IMPEDED – SKYNEWS

NATO activating defense plans – ” to prepare ourselves to respond to a range of contingencies & secure Alliance territory, including by drawing on our response forces” per statement

NATO’S STOLTENBERG: NATO LEADERS TODAY ANNOUNCED MORE WEAPONS FOR UKRAINE, INCLUDING AIR DEFENCE SYSTEMS

German Defense Minister Lambrecht fears Putin is no longer afraid of attacking NATO partners.

Lambrecht: “He is not predictable at all right now.”

Ok what the fuck is going on here? The Dow is +677 as if this shit wasn’t happening. NATO is on the verge of getting into a hot war with Russia. This is without question. By sending AA batteries into Ukraine to shoot down Russian jets, I would imagine this could be viewed as “interfering” as Putin warned NATO not to do. Now the choice is pretty clear now: do you confront Putin and wage war with him, which is going to cost tens of thousands of lives, and that’s not including if in fact China does mobilize on their side. With war criminals in Chechnya fixing to stream into Ukraine, the specter of brutality is increasing in Ukraine and with that, listen to me, public support to wage war against Russia.

I am heavily long commodities here but have also hedged. I would strongly advise you to do likewise into the weekend.

If you enjoy the content at iBankCoin, please follow us on Twitter

15 comments

  1. Orson

    I’m flabbergasted at the reaction of this invasion and the subsequent calamity.
    It’s as if individuals and the US markets are laughing this off.
    Sick!

    • 2
    • 0
    • 0 Deem this to be "Fake News"
    • profiteerer

      COVID-19 was circling the globe for over a month before the markets decided to give a shit.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. tradercaddy

    This much I know.
    I would trade our sock puppet President for Ukranian President Volodymyr Zelenskyy anytime.

    • 0
    • 1
    • 0 Deem this to be "Fake News"
    • roguewave

      I wouldn’t give a warn sack of manure for either of them.
      Zelensky is making it as bad as possible for his own people by refusing to negotiate. It appears he wants his country destroyed for his political benefit.

      • 1
      • 2
      • 0 Deem this to be "Fake News"
  3. flea

    If you ever needed proof that US equity markets have come un-moored from fundamentals, reality, whatever – yesterday and today are that proof.

    • 3
    • 0
    • 0 Deem this to be "Fake News"
  4. fxtradepro

    “Buy at the sound of the cannons” – Nathan Mayer Rothchild

    Jesus, how old are some of the people in here? The news is bad, wait for the complacency to settle in, the news to simmer – THEN SELL.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • Orson

      “The cannons have not ceased firing”. Lord Ashbarrell

      Keep buying Sir?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. purdy

    Wish I spoke and understood Russian like a Russian. Yesterday people were saying that Putin had threatened to nuke us …when what he actually said was that we’d suffer very greatly if we intervene …or some such.

    As for today …did that chick has permission …or did she just go Sara Palin on Vlad? Who knows.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. the_wolf

    Hedges are for pussies

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. trumpmeister

    I’m buying into weakness and will do more on Monday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. soupbone

    recall Trump wanted to hobble NATO recently. bunch of real smart guys eh?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Mr. Cain Thaler

      Yes, very smart. NATO doesn’t protect me. I wouldn’t be getting drawn into this shit at all without NATO…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. ezthere

    A big fat yawner.. listen was the world demanding to know what happened with wuhan? NO! Good bad or indifferent, people really don’t care. NATO Is the USA and NATO is a dinasour. You have the EU

    • 0
    • 0
    • 0 Deem this to be "Fake News"