Brief take on the riots in Turkey

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

swissaustrian

Yellow Jacket
Messages
2,049
Reaction score
0
Points
0
The Turkish stock market collapsed by over 10% on rioting against Mr Erdgogan, goverment bonds fell massively, too: http://www.zerohedge.com/news/2013-06-03/turkish-stocks-collapse-bond-yields-surge-most-record. Nedless to say that msm is reporting bs about the situation in Turkey.
The official (msm) storyline is:
What began as a small sit-in over the Turkish government's plan to demolish a park in central Istanbul in favor of a shopping arcade has morphed into the biggest protest movement against Prime Minister Recep Tayyip Erdogan since he was elected more than 10 years ago.

On Monday, a confederation of unions claiming some 240,000 members added its voice to the anti-Erdogan chorus, saying it would go on strike against what it called the "fascism" of Erdogan's ruling party.

...
http://edition.cnn.com/2013/06/03/world/europe/turkey-protests/index.html?hpt=hp_t1

The real story is:
There are domestic issues that are driving people to the streets, but there is also growing opposition against Turkey's involvement in the Syria conflict and it's support for the radical rebels. Some Turkish citizens don't like the fact that their government is supporting the killing of fellow Muslims in Syria.

The other side of the msm story, ie Russia's, Iran's, Hizbollah's biased version can be seen here:
http://www.islamicinvitationturkey.com/2013/06/03/16-videos-100-photos-what-is-happening-in-turkey/
I'm pretty sure that Russian and Iranian agitators are fuelling the protests in Turkey, just like US intelligence services helped fuel the Arab Spring.

The best advice for any government is: stop interfering with other nations internal affairs :judge:

As a reminder, this is what the Syria situation is really about (forget human rights and chemical weapons):

1.) A gas pipeline from Quatar to Turkey through Syria: http://oilprice.com/Geopolitics/Mid...abia-and-Petro-Political-Peace-for-Syria.html

http://www.globalresearch.ca/why-qatar-wants-to-invade-syria/5306223
That would diminish the pricing power of Gazprom in Europe, ie bad for Russia.

2.) A Russian naval base in Tartus, Syria: http://www.understandingwar.org/sites/default/files/Backgrounder_Russian_NavalBaseTartus.pdf

3.) Putting more pressure on Iran:
http://www.cfr.org/iran/hezbollah-connection-syria-iran/p30005
 
Last edited:
Turkey is also the key conduit in the gold for Iranian oil trade right now. We are approaching (less than one month to go) the US imposed deadline for sanctions to kick in. Things are going to get "interesting" (Chinese proverb/curse) over there.
 
Why do I get the feeling that this "unrest" is not only expected but planned? This is far too convenient
 
It's summer again in the northern hemisphere when people can finally go outside and party with their neighbors at a traditional BBQ of burning tires, scented tear gas, and fiery flavored molotov cocktails served on the rocks. :popcorn:
 
Last edited:
Why do I get the feeling that this "unrest" is not only expected but planned? This is far too convenient

You might be on to something. The situation is escalating quickly. It smells just like the uprisings in Egypt. The question is: Which foreign power is interested in "regime change" in Turkey?
The obvious candidate is Russia / Iran, because Turkey is supporting the rebels in Syria.
However, it might also be a US / European operation: Maybe Mr Erdogan isn't doing enough to support the covert war in Syria?
Internally, the powerful Turkish military (the self-proclaimed "preservers of the laicistic constitution of Turkey") is also opposed to Erdogan. Generals also usually support warfare efforts like the ones in Syria. So they are suspects here, too.

Additionally Mr Erdogan is adding fuel to the fire by using violence and harsh rhetoric against the peaceful (?) protesters. I'd have expected more political sensitivity from such a talented demagogue like him.
 
...
However, it might also be a US / European operation: Maybe Mr Erdogan isn't doing enough to support the covert war in Syria?
...

See my post above. Very convenient that this is occurring just before the USA has to put up or shut up with respect to sanctions on Turkey for being a major conduit in the gold for oil trade to Iran. If regime change occurs before July, the USA gets to (potentially) avoid an unpleasant move in sanctioning a NATO ally.
 
It's a good thing our congress is focused on immigration reform right now. Much better than questions about Syria, Turkey, NSA, Libya, etc.
 
Back
Top Bottom