Jews ordered to register in Russian Occupied East Ukraine – USA Today Article

Hard to believe this one as Putin is well aware that any government stupid enough to implement an official policy of antisemitism will unleash a severe worldwide backlash unlike any other..

But here it is..

Jews ordered to register in east Ukraine


Jews in the eastern Ukrainian city of Donetsk where pro-Russian militants have taken over government buildings were told they have to “register” with the Ukrainians who are trying to make the city become part of Russia, according to Israeli media.

Jews emerging from a synagogue say they were handed leaflets that ordered the city’s Jews to provide a list of property they own and pay a registration fee “or else have their citizenship revoked, face deportation and see their assets confiscated,” reported Ynet News, Israel’s largest news website.

Donetsk is the site of an “anti-terrorist” operation by the Ukraine government, which has moved military columns into the region to force out militants who are demanding a referendum be held on joining Russia.

The leaflets bore the name of Denis Pushilin, who identified himself as chairman of “Donetsk’s temporary government,” and were distributed near the Donetsk synagogue and other areas, according to the report.

Pushilin acknowledged the flyers were distributed by his organization but he disavowed their content, according to the web site Jews of Kiev, Ynet reported.

Emanuel Shechter, in Israel, told Ynet his friends in Donetsk sent him a copy of the leaflet through social media.

“They told me that masked men were waiting for Jewish people after the Passover eve prayer, handed them the flyer and told them to obey its instructions,” he said.

The leaflet begins, “Dear Ukraine citizens of Jewish nationality,” and states that all people of Jewish descent over 16 years old must report to the Commissioner for Nationalities in the Donetsk Regional Administration building and “register.”

It says the reason is because the leaders of the Jewish community of Ukraine supported Bendery Junta, a reference to Stepan Bandera, the leader of the Ukrainian nationalist movement that fought for Ukrainian independence at the end of World War II, “and oppose the pro-Slavic People’s Republic of Donetsk,” a name adopted by the militant leadership.

The leaflet then described which documents Jews should provide: “ID and passport are required to register your Jewish religion, religious documents of family members, as well as documents establishing the rights to all real estate property that belongs to you, including vehicles.”

Consequences for non-compliance will result in citizenship bein g revoked “and you will be forced outside the country with a confiscation of property.” A registration fee of $50 would be required, it said.

Olga Resnikova, 32, a Jewish resident of Donetsk, told Ynet she never experienced anti-Semitism in the city until she saw this leaflet.

“We don’t know if these notifications were distributed by pro-Russian activists or someone else, but it’s serious that it exists,” she said. “The text reminds of the fascists in 1941,” she said referring to the Nazis who occupied Ukraine during World War II.

Anyone folowing the Russian invasion of Ukraine should see this

Toward the end of the video there is yet more confirmation that the entire seizure of the country is being orchestrated from Moscow.

Although Putin is using Yanukovych and his sons’ connections, network and funds to do alot of it, it is being directed by Putin nonetheless.

In a country where the average person earns $300/month (if any work can be found at all) a $500 payment for one day’s ravaging of a government building is just too appealing.

Prediction – Monday will epic rally in US markets


Another reason why i was (as you see from the previous day’s posts) been loading to the gills on index longs.

European markets will be closed Monday. This just happens to coincide with the largest POMO of the month ($4Billion).

Short of a full scale Russian invasion into Ukraine i dont see much that can change this…unless of course it is front-run today muting some of it’s effect Monday.

Added more to my short bonds position last evening as well  (ZB).


Why i have been buying the past few days

Sure’s there’s alot on the geopolitical plate right now..

It’s the end of the world..yes i know..heard it for a week now..

- Great charts like the Russell2000 (Yes i know ridiculous PE compared to the broader market) which is oversold and at long term support.

- The majority (67%) of earnings reports so far are beating even with actual (and fabricated) winter issues.

- Fed still pumping $30B/month into the market

- The end of day ramps and vix decimations show that the intent of the Fed is higher equities for now

-Gold selling off like mad. Risk-off is coming.

Positions ive been taking:

-Short the 30YR via ZB June futures average cost 134-18

-Scaled into long Russell2000 futures June contracts (TF) with average cost now 1117 down from the 1122.50 average cost from my two past posts here

-Short VIX futures @ 17.80 and these are not front-month but September contracts which i normally trade being so far out, but the decay combined with the Fed’s intent to smash vix into oblivion just makes it an easy choice. Keeping short VIX position is similar to theta decay on sold-options positions. Being that the front month trades 20% lower than those a few months out.

-Scaled into ES futures at 1810 thinking we would visit 1791 where i could load the boat. But never hit. So, small position.

Here, to me, is the star of the show right now. Russell2000 index.




10,000 Rally in Moscow against Putin’s Ukraine Invasion

And no large media organization mentions that i can find..


Protestor in Central Moscow today with sign that reads “We have been occupied by criminals from 1917 – 2014″

The fact is that Putin will get his worst nightmare sooner than he thinks.  As the Russian economy spirals into oblivion and affluent Russians that once enjoyed well-moneyed world travel see their lifestyles along with their real estate holdings, any savings denominated in Rubles, salaries and Russian stocks all have their values wiped out as Russia becomes isolated. Right now Putin The Conqueror is riding high on a wave of patriotism. As the reality of what this little endeavor means to the economy of Russia over the foreseeable future, with increasing severity, his subjects will apply more and more pressure on him over time. And Putin will close the society and increasingly rely on propagandizing the lowest intellectual common denominator among the Russian people to focus them once again on the Evil West as the source of all their pains. With all independent media outlets disbanded or taken under his control within the past few months this won’t be hard to do and the isolation of the people will become and even more integral part of this paradigm.

This always ends the same way. A simple review of the life of Napoleon should be enough to see where this is going.

Putin will direct all domestic unrest toward which ever enemy best suits the time, hyper inflation..on and on..

Three months ago i looked for a way to short Russian bonds but had no success finding a leveraged vehicle. Wish i would have looked a little harder now.

Update on the USDCAD position

About 36 hours ago i posted here that i was establishing a long USDCAD position @ 1.0871

We took off  from the support level and now trading at 1.0975 (roughly 100 pips so far)

Next solid resistance is quite a bit higher so staying put for now.



Added more Russell2000 Longs #TF_F

I posted the initial start to the position a few days ago here and today am adding more.

This is a chart of the Russell2000 index but i am trading it via the TF futures which trades at a discount to the index below.

Added more today at 1116 which brings average cost to 1122.50

The futures actually dipped all the way to the lower parallel but this index chart doesnt reflect the overnight futures move.

TF futures chart




Tech VS Fundamental on CAD – Tale of Two Support Levels

This is an unusual trade.

The fundamental case on the USDCAD is saying we go lower (stronger CAD) but the technicals are contradicting and telling me it’s time to start long position here (1.0871).

I am going small on this position as i think we may drop to that next support level which is quite a bit below here (1.0754) and i want powder to be dry there as i will feel more confident taking a  larger position.

Established long USDCAD today @ 1.0871 but small enough so that a drop of 115pips wouldnt keep me from adding more at that next support level. I understand 115pips is quite a bit of a drop to stay in a trade with intent of adding more.. But what gets me about this chart is the much higher-highs of the past few months so i give the long thesis here more weight.

I used the same strategy on the GBP trade i closed yesterday..  Almost exactly… but in that case we never got the gift of dropping to the next support level and the trade became profitable right away.







Taking profit on my GBPUSD long from March 26th

I posted back on March 26th   my entry and rationale for getting long GBPUSD @ 1.6480.

I had a profit target of around 1.70 but with this uncertainty today and pre-fed-minutes weirdness i am taking profit at 1.6847 just to keep it safe. I think GBP is going higher from here..but feel like being safe right now.

Hoping for a further dip in equities on fed minutes that i probably won’t get in order to add to the Russell2000 long position i began yesterday.


Exiting EURUSD position this morning

The EURUSD position i opened last week (here) at 1.3688 has done 115 pips which normally wouldnt be enough for a position taken on a longer term chart. But the apparatchiks are out in full force this morning attempting to talk it down and with this USD decimation looking a little overdone it’s best to not be greedy. Will probably get another entry later so taking profit at 1.3802.

And with RU now in talks at Putin’s dacha outside Moscow to decide how/when to shut off Ukraine’s gas due to non-payment, i don’t see the EUR upside being too huge for the short term..

You can see the opening position post here from last week.