Jim Sinclair: Russia Can Collapse US Economy, Gold Update, Silver is Gold on Steroids & More

http://usawatchdog.com/putin-has-nucl... Gold expert Jim Sinclair is issuing a warning of a massive downside risk to U.S. sanctions against Russia. Sinclair says watch the "struggling dollar" and Russia accepting any currency for oil and natural gas. Sinclair explains, "It's struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Europe. Believe me, they will settle in other currencies. . . . It makes energy cheaper. Why in the world would anyone want to pay in dollars if they can pay in their own currency? Russia could retaliate in a way that would have phenomenal impact on the U.S. dollar. . . . Russia has the upper hand. They have it in their ability to turn the U.S. economy upside down and into collapse. There is no question whatsoever. Putin doesn't need a nuclear bomb. He has a nuclear economic bomb that he can set off at any time." 

What would the price of gold be this year? Sinclair predicts, "Gold has $2,000 an ounce in its sites in 2014." On silver, Sinclair says, "Silver is gold on steroids. When gold takes off, silver goes up faster. . . . So, the idea you are going to get an old high on silver or better is a given."

Join greg Hunter of USAWatchdog.com as he goes One-on-One with Jim Sinclair of JSMineset.com
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Kremlin: If The US Tries To Hurt Russia’s Economy, Russia Will Target The Dollar

testosteronepit.com
March 15, 2014

Another warning shot was fired before an all-out assault on the dollar system begins. This time, an official shot: Alexey Ulyukaev, Russia’s Minister of Economic Development and former Deputy Chairman of the Central Bank, fired it. It was a major escalation, Valentin Mândrăşescu, editor of The Voice of Russia’s Reality Check, told me from Moscow.

Last time, it was Sergei Glazyev, an advisor to Vladimir Putin who’d fired the shot. But he wasn’t a government official. “Anonymous sources” at the Kremlin claimed he wasn’t speaking for the government. As Mândrăşescu reported in his excellent article, From Now On, No Compromises Are Possible For Russia:

From the economic point of view, everyone should get ready for tough actions from Moscow. Sergei Glazyev, the most hardline of Putin’s advisors, sketched the retaliation strategy: Drop the dollar, sell US Treasuries, encourage Russian companies to default on their dollar-denominated debts, and create an alternative currency system (reference currency) with the BRICS and hydrocarbon producers like Venezuela and Iran.

Unlike radical-sounding Glazyev, Ulyukaev is part of Dmitry Medvedev’s Cabinet. And as former Deputy Chairman of the Bank of Russia, he doesn’t take currencies lightly. He told Rossia-24 news channel about possible retaliatory measures if Washington adds economic sanctions to the political sanctions. Moscow wouldn’t worry too much about political sanctions, he said, but if Washington tries to hurt Russia’s economy, Moscow would retaliate by targeting the US dollar.

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Obama’s Former Foreign Policy Adviser Said – In 1997 – that the U.S. Had to Gain Control of Ukraine

Washington’s Blog
March 16, 2014

“Ukraine, a new and important space on the Eurasian chessboard, is a geopolitical pivot because its very existence as an independent country helps to transform Russia. Without Ukraine, Russia ceases to be a Eurasian empire.” — Zbigniew Brzezinski

The Battle for Ukraine Was Planned in 1997 … Or Earlier

Neoconservatives planned regime change throughout the Middle East and North Africa 20 years ago. Robert Parry correctly points out that the Neocons have successfully “weathered the storm” of disdain after their Iraq war fiasco.But the truth is that Obama has long done his best to try to implement those Neocon plans.

Similarly, ever since the Soviet Union collapsed in 1991, the U.S. has pursued a strategy of encircling Russia, just as it has with other perceived enemies like China and Iran.

In 1997, Obama’s former foreign affairs adviser, and president Jimmy Carter’s national security adviser – Zbigniew Brzezinski – wrote a book called The Grand Chessboard arguing arguing that the U.S. had to take control of Ukraine (as well as Azerbaijan, South Korea, Turkey and Iran) because they were “critically important geopolitical pivots”.

Regarding Ukraine, Brzezinski said (hat tip Chris Ernesto):

Ukraine, a new and important space on the Eurasian chessboard, is a geopolitical pivot because its very existence as an independent country helps to transform Russia. Without Ukraine, Russia ceases to be a Eurasian empire.

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However, if Moscow regains control over Ukraine, with its 52 million people and major resources as well as access to the Black Sea, Russia automatically again regains the wherewithal to become a powerful imperial state, spanning Europe and Asia.

And now Obama is pushing us into a confrontation with Russia over Ukraine and the Crimea.

As Ernesto notes:

Late last year when Ukraine’s now-ousted president Viktor Yanukovych surprisingly canceled plans for Ukrainian integration into the European Union in favor of stronger ties with Russia, the US may have viewed Ukraine as slipping even further out of its reach.

At that point, with the pieces already in place, the US moved to support the ousting of Yanukovych, as evidenced by the leaked phone conversation between US Assistant Secretary of State Victoria Nuland [arch-Neocon Robert Kagan's wife]  and US Ambassador to Ukraine Geoffrey Pyatt.  When peaceful protests were not effective in unseating Yanukovych, the violence of the ultra-nationalist Svoboda party and Right Sector was embraced, if not supported by the west.

In today’s Ukraine, the US runs the risk of being affiliated with anti-Semitic neo-Nazis, a prospect it probably feels can be controlled via a friendly western media. But even if the risk is high, the US likely views it as necessary given the geopolitical importance of Ukraine, as Brzezinski mapped out in 1997.

In other words, Obama is following the same old playbook that the Neocons have been pushing for more than a decade.

Woody Harrelson: Ethos

Hosted by twice Oscar nominated actor Woody Harrelson, Ethos explores the mechanisms in our systems that work against democracy, the environment and our own personal liberty.