Voices from Russia

Friday, 21 November 2014

Coal Shortage Looming in the Ukraine

01 russian coal mine


Ukrainian Deputy Minister of Energy and Coal Industry Yuri Zyukov said in an interview with the Ukrainian edition of Главком (Glavkom: Commander-in-Chief) that there’s a critical situation regarding the coal supplies available. On the eve of winter, the Ukraine doesn’t have the required minimum monthly coal reserves of 3.1 million tons. Thus, on the morning of 19 November, two out of ten Ukrainian thermal power plants only have enough coal left for a few more days. He said, “Did you know that the Zmievskoi TPP has 30,000 tons left, and the Tripolskoi TPP has 50,000 tons left? That is, the stock will only last for a few more days. In fact, now, we’re scraping the bottom. That’s why we needed coal from South Africa… we needed coal reserves”. He pointed up that normal consumption dictated that TPPs have to have a minimum of 3-3.1 million tons of coal in their stockpiles… about a month’s supply, warning, “It’d be better if we had more. However, this is a minimum below which it’s impossible to operate. We don’t have it. What’ll happen if there’s some glitch with the railroad, with customs clearance, or weather conditions, or with the military situation, or with something else? It could be anything… the TPPs would grind to a halt, and there’d be an energy shortage”. As of today, Zyukov believes that there are three options for buying coal, firstly, from Ukrainian state-owned enterprises, secondly, through open bidding in coal-exporting countries… and finally, buying it from Russia. He noted, “We purchase gas from Russia, so, we could buy coal from Russia. Again, nuclear fuel, we buy it there. We’re tied into their system”. Of course, many Ukrainian politicians and officials, including P A Poroshenko and A P Yatsenyuk, declared in public speeches that there’s a war with Russia in Donetsk and Lugansk Oblasts (sic). However, no one’s issued an official declaration of war against Russia.

20 November 2014




For 23 years, the Uniates leeched off Russia, whilst calling us every filthy name in the book. At the same time, the oligarchs stole the country blind. As long as the Uniates got a cut to subsidise their opium dreams in Galicia, they didn’t care if the country went into the shitter. Today, the great shipyards at Nikolaev, the pride of the USSR, are either closed or they produce crude stoves for the notional Ukrainian “armed forces”. I shit you not. The Uniates and oligarchs raped the country and picked it clean… and blamed it on V F Yanukovich! The word on the street in Kiev is, “The Rabbit (Yatsenyuk) shits in a solid-gold toilet”… somehow, I think that means that his popularity is none too high. What with utility rates up 300 percent in Kiev and announcements that government employees won’t get paid in December… if you think that the Uniate junta has a future, you’re smokin’ good-ass weed, and I want to know where you got it…

One last thing… the Ukraine is now importing coal from South Africa and Australia. That means that the Donbass mines are in patriot hands. How long must this charade go on?



A Tale of Two Gold Reserves… Russian Goes UP… Ukrainian Goes DOWN…. Now, Which Economy is in the Shitter? BTW… Yatsenyuk Sez “Only Rogue States without International Support need Gold and Foreign Exchange Reserves”



During October 2014, the Bank of Russia reported that Russian international gold reserves increased 1.6 percent… to 37.6 million ounces (1,169.5 metric tons), compared to 37 million ounces as of 1 October. The monetary value of the gold reserves increased by 0.6 percent… up to 45.307 billion USD (2.07 trillion Roubles. 277.485 billion Renminbi. 2.8 trillion INR. 51.154 billion CAD. 52.033 billion AUD. 36.368 trillion Euros. 28.916 billion UK Pounds) from 45.016 billion USD (2.058 trillion Roubles. 275.703 billion Renminbi. 2.785 trillion INR. 50.825 billion CAD. 51.68 billion AUD. 36.134 billion Euros. 28.736 billion UK Pounds) at the beginning of September. The proportion of gold in international reserves rose to 10.57 percent from 9.91 percent. At the beginning of January, Russian international gold reserves amounted to 33.3 million ounces (1,036 tonnes). Thus, for the first nine months of 2014, Russian gold reserves rose 12.9 percent. The price of gold since the beginning of the year increased 13.3 percent. Increase in Russian gold stocks in 2013 was 8.1 percent (77.759 tons)… it increased to 33.3 million ounces from 30.8 million ounces. However, the monetary value of gold in reserves decreased by 21.2 percent to 39.99 billion USD (1.828 trillion Roubles. 244.92 billion Renminbi. 2.47 trillion INR. 45.288 billion CAD. 45.91 billion AUD. 32.1 billion Euros. 25.523 billion UK Pounds) from 51.039 billion USD. (2.332 trillion Roubles. 312.59 billion Renminbi. 3.146 trillion INR. 57.8 billion CAD. 58.59 billion AUD. 41.04 billion Euros. 32.57 billion UK Pounds). The proportion of gold in international reserves declined to 7.8 percent from 9.5 percent. In recent years, the physical volume of gold in international reserves (on 1 January) has steadily increased:

  • 2007: 402.0 tons
  • 2008: 450.0 tons
  • 2009:  519.0 tons
  • 2010:  637.6 tons
  • 2011:  789.9 tons
  • 2012:  883.2 tons
  • 2013:  958.0 tons

20 November 2014

Rossiya Segodnya



Over seven years, Russian national gold reserves have increased almost three-fold. I’d say that CIA and Stratfor assessments that the Russian economy is in the shitter are a bit strident and off-base, wouldn’t you? It tells you much about ALL American assessments of Russia… it isn’t very good, is it? Remember, both Stratfor and Langley (especially, the former) have agendas that shape their “intelligence”… that DOES affect their “judgements” (to put it charitably).



Recently, the news came out that there’s almost no gold left in the vaults of the National Bank of the Ukraine. This news came directly from the head of the Ukrainian National Bank, V А Gontareva. Where did the precious metal go? Gontareva didn’t specify where the gold suddenly disappeared to, but we know that the gold in the vaults is only about an eighth of what it should be. She said, “There’s a small amount of gold bullion, but it’s literally 1 percent of the gold reserves”. Zerohedge Edition found enough conspiracy theories, but that doesn’t mean that they don’t contain truth. Back in March 2014, the IMF stated that the gold reserves in the Central Bank of Ukraine as of February 2014 were 42.3 tons, i.e. 8 percent of the gold reserves. Curiously, at that time, the coup was in full swing, which means that the substantial amount of gold in reserve was due to the foresight of former President V F Yanukovich. Moreover, during the reign of that “hateful” Ukrainian President, gold reserves increased steadily and reached a record just before his overthrow. Earlier, Zerohedge reported on a strange event that occurred almost immediately after the coup. You can find the information presented below in many Ukrainian media sources. Zerohedge’s publication was from 7 March 2014.

Tonight, a plane took off for the USA from Borispol Airport loaded with the Ukrainian gold reserves. As reported by airport workers, at 02.00 MSK, an unmarked transport aircraft landed at the airport. According to Borispol staff, before it landed, four cars and two large trucks pulled up, all without licence-plates. About fifteen people in black uniforms, masks, and body armour got out of the cars. Some of them had machine guns. These people placed over forty heavy boxes in the plane. After this, some of the masked men boarded the plane. They carried out the loading in a rush. After the operation, the unmarked cars immediately left the runway, and the plane took off hastily. Those who saw this secretive “special operation” immediately alerted airport officials, from whom they received a strong recommendation “not to meddle in other people’s affairs”. Later, a newspaper asked a former senior government official, who said that, according to him, the “new leaders” of the Ukraine spirited away the entire Ukrainian gold reserve to the USA.

Of course, the accuracy of this story is virtually impossible to verify, and it’s even more difficult to get any official confirmation of the “flight” of the Ukrainian gold reserve across the ocean. Nevertheless, one can assume that the price for the “liberation” of the Ukraine was the transfer of the Ukraine’s gold to the Fed. In addition, Germany stores much of its gold reserves at the Fed. After the stunning announcement in January 2013 that the Bundesbank planned to repatriate 674 tons of gold stored now at the Fed and in the Central Bank of France, nothing happened. The reasons for this are likely to lie completely in politics, despite official statements to the contrary. We’ve already written on why Germany didn’t repatriate its gold at the Federal Reserve.

19 November 2014

Vesti Ekonomika



So… the USA stole the Ukrainian gold reserves… that means that it doesn’t view the long-term survival chances of the Uniate junta as being good. In short, the American neoliberals (both “liberals” and “conservatives”) are the same under the skin… they’re acquisitive bastards intent on winning at any cost. “We’ve got ours and to hell with you”. That goes for both John Kerry and Marco Rubio… for Chilly Hilly and Ted Cruz… and for Barack Obama and Wet Willy Romney. They’ve got your best interests at heart, dontcha know…



A P Yatsenyuk said, “Only rogue states without international support need gold and foreign exchange reserves. The Ukraine isn’t one of them”.

20 November 2014

Donbass Tsentr



Now, that’s interesting… only rogue states need gold and foreign exchange reserves! Reflect on this… Langley and Stratfor take this crackbrained loon seriously. Crazy world, ain’t it?


Friday, 19 September 2014

The Collapse of Ukrainian Industry

00 Her grndson served with the Berkut. 05.09.14


In August 2014, industrial production in Ukraine decreased by 21.4 percent compared to August 2013. The biggest drops were in coalmining, 60.4 percent, metallurgy, 30.0 percent, and mechanical engineering, 31.0 percent.


I offer no comment, as none is necessary.

18 September 2014




The lights are going out (literally) in the Ukraine. The EU doesn’t want Ukrainian industry… it only wants the Ukraine as a market to dump German goods and to have Ukrainians as a source of cheap sweated labour. I think that Ukrainians are getting wise to this… they’re noticing that the Galician Uniates are big on talk and small on delivering the goods. Remember, there are brownouts in Kiev and no hot water… what does that mean for the provinces (they’re obviously worse off… there’s no foreign news media there to tell the tale)? The LAZ lays idle… as does its workforce.

This doesn’t portend a long life either for the junta or for the moribund Ukrainian state. No one will cry for it once it’s gone… save for nutters in the USA and Canada. I pray for the end of the sick beast “Ukraine” as quickly as possible. The poor people there have suffered enough… let the oligarchs and the Uniate hierarchy go to Saskatoon… they’ll be welcome there, to be sure…


Sunday, 27 October 2013

27 October 2013. RBTH Infographics. GDP Growth in the G20 2012-13

00 RBTH Infographics. GDP Growth in the G20. 2013


12 September 2013

Russia Behind the Headlines


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