UPDATE:
That's how fast news on this situation is moving: as I just finished
putting "digital ink" to "digital paper", the
separatist region of Catalan has declared independence in the face of all
the push back they are receiving from Spain. In the face of the veiled threats
and potential violence, they have voted to embark down their own path.
Following a vote by the Catalan parliament, speaker Carme
Forcadell has the following to say;
“We constitute the Catalan Republic as an independent and sovereign
country, under the rule of law”.
In addition to this, the Vice President of
the now "independent" Catalan region
took
to twitter and declared
this victory for all to see;
"With humility, firmness, courage and
courage, we start a historical path! We win the freedom!"
This is amazing news to anyone who
believes in free will and liberty, but now, the people of Catalan and
its
government
need
to get ready for the shocks that are about to come their way.
Who knows exactly what is going to happen,
but with the amount of egg just thrown in the face of the government in Madrid,
I expect a swift enactment of article 155.
How Spain will use their "legal"
powers is yet to be seen, but undoubtedly, the potential risk of extreme
violence is now very high. The elites of the world have been called out and
this "upstart" government has just slapped them across the faces - justice in their eyes will need to be enacted.
Sympathizers and those who did not want to
separate from Spain within the Catalan region will likely cause massive issues
within the new country, including agents, who will be
activated to
cause intentional, additional unrest.
A heavy police state is going to have to
be enacted within Catalan to keep society functioning in the short term and
massive gyrations within their local markets and the markets of Spain is now
going to play out.
Fasten your seatbelts and
get ready for the ride -
it's only just
begun.
---
The
country has been thrown into chaos over the Catalan separatist movement and
attempting to decipher the truth of what is actually going on, on the ground
within that region is nearly impossible to do so.
The reasoning for this is the constant conflicting news stories that come out
only hours apart. Throughout the week, there has been a constant back and forth
of stories: one will claim that the separatist leader Carles Puidgement is
giving into the demands of Madrid, then only hours later, he posts a
defiant Instagram post, alluding to the exact
opposite. As previously stated, it's a mess.
Sadly, for the separatist movement, time is running out for them and the elites
in Spain are growing impatient.
Article 155, which will allow the
Spanish government to crack down viciously on the Catalan region, is set to be
enacted tonight at 12 p.m.
This dwindling timeline has done nothing to clear the fog of confusion, as we
are now hearing two different stories as of even today. One states that the
Catalan separatist party is petitioning Madrid for the ability to hold a snap
election, and the other states that they will simply declare independence.
The Spain Report is one outlet
claiming that the Catalan "rebel" government will choose the latter
option and has chosen to declare independence:
Catalan separatist parties—Junts PEL Sí ("Together For Yes") and
the CUP (Popular Unity Candidacy)—have registered a motion to declare the
independence of Catalonia in the regional parliament.
A copy of the document published by Spanish media included the phrase: "We
constitute the Catalan Republic as an independent sovereign democratic, social
state of law".
The text would also approve the activation of the secession bill approved by
the regional chamber at the beginning of September and voided by the
Constitutional Court and "begin the constituent process".
Wherever the truth lies is unknown. But what we do know is that Carles
Puidgement is stuck between a rock and a hard place and is rapidly running out
of time. Anger within the region is demanding that Catalan separate, while the
government in Madrid is forcefully demanding that they back down, or else.
This, as I have previously stated, is not going to end well. Carles Puidgement
knows that his life is on the line and it is exactly why he has been recently
seen backpedaling on some of his statements, he knows that this is not a game
and has likely been privy to many behind the scenes threats.
His bravery cannot be understated, as the elites of the Western world are
likely to come down in full force on him and his minuscule government. There
will be little they can do if Spain decides to resolve this situation with
violence.
Only the condemnation and watchful eyes of liberty lovers around the world will
hold the tyrannical forces in check, as the Spanish government knows that there
will be repercussions on the international markets if they act with extreme
violence, against a democratically decided outcome.
Sadly, at this time, besides the people resisting on the ground within Catalan,
we are the best hope they have - as little consolation as that may be.
|
Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.
Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.
In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world.
He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.
|
The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.
