Ukraine, Ukraine is a must have by the russians. it acts as a nail in europe. a buffer for the russians. if you look at the location of russia, it borders with many small countries although none of them indicate frighten them yet but you never know, they must act to protect themselves first. can you imagine if Russia came to Puerto Rico and said to offer them rebuild the country, how would the u.s act to that event? they will prob march their soldiers down there first and tell the russian back down. this is call war prevention and protect me first.
I know the former ukraine president was support by the russians. don't know the rest, I think it would be the eu and the u.s. I don't know if u notice that the u.s news didn't even mention that. all they do is to increase the tension in ukraine. the truth is u.s will never mention it and let the public know the truth. the ukraine situation reminds me of the tienanmen square event happened in china in the 1990s.
trailing all history, which empire is not built on the blood of soldiers and innocent people? for the ukraine people and their leaders, I hope they would act on the benefit of their people and government as a whole. all politics are dirty and they all got their own agenda. a government should be built and protected for the people. I just hope all Ukraine people act in unity. don't let any country slice their country into pieces like the british did to India. the British sliced India into three countries so it can have a better control of the country. do not let that happen to your country.
I don't think obama will send our soldiers there but may be asking the european boycot imports from russian which may benefit our economy such as nag gas. with billions of dollars spend on fracking these past years. it is about time our company to get some profit.
don't worry, obama will not sent our troops there, everything will work out internally. russian will not give up that land, too much money there and they got to protect themself, anyone who knows war tactic will know the reason why?
thank you for you reply. I remember in the late 1980s 10 yr cd offered by chase bank was 10% and the gold price then was $200.00 per once, I was at college and met this broker from wall street at my class, he brought his suit case full of gold coins and shown me. He told me to buy gold as much as I can. I told him I only have $4000 in by bank account. he said use half of that and buy some gold. and I used all my money and bought some panda gold coins and american gold eagle coins. and still holding them today. I am very thankful for this broker's advise and it reminds me of him every time when I look at those coins. but I think gold in the long term will be up but for now, I think it will pull back a little so we can have a chance to reenter gold investment.
question, if 10 yr treasury rates stay low, what will happen to the over all marktet? will that affect the over all gold price?
total agree, russia export most of nag worldwide. if war happens, will that export interrupt ? from the geological location of ukraine, I think the russians just want to have a control of it policy effects not its territory just like what the u.s did to the puerto rico. protect themself from other invasions.
I remember in the 1990s, gold was $450 per once, it didn't not stay there for long, it went down to 200/once and gradually went back to 450/ once but it took almost 8 years to get to its high, then to around mid 850/once in late 1990 and early 2000, then shoot up to little above 2000/once. and now 1325/once. I think I will take few more year to get to it high and more years to double unless something happen like war and unstable currency worldwide. then it is difference story. I glad I bought some gold in the early 1990s still holding them.
agree, that is how that make money, squeeze others and greed. but hopefully, sometime in their life, they can lend a hand to the people who need their help, like donation.
I hope Russia won't act like the British did to India, splitting the country into 3 parts, india, pakistan, nepal.
Jim Cramer said we hit 2500 3 yrs ago, well, I think in the long term, it will, but now it had a good run, hold off for now.