Obama just announced sanctions against Kalishnikov (and other Russian entities)

[davsel]

Putin responds:
http://www.zerohedge.com/news/2014-0...serious-damage

"Sanctions have a boomerang effect and without any doubt they will push U.S.-Russian relations into a dead end, and cause very serious damage, and it undermines the long term security interests of the US State and its people." he said to reporters while elaborating that said he needed to see the details of the sanctions to understand their full scope Reuters added.

And as was largely expected, Putin's next jab was right where it hurt: energy.

"This means that U.S. companies willing to work in Russia will lose their competitiveness next to other global energy companies."

Putin said the sanctions will hurt Exxon Mobil Corp which has been given the opportunity to operate in Russia. "So, do they not want it to work there? They are causing damage to their major energy companies," he said.

While we don't know for sure, we are confident that following the press conference Putin sat down with the rest of the BRICS, which command a population of just over 3 billion not to mention the world's fastest growing economies, and realized that for all the posturing, it is really a game of reserve fiat vs energy, with the US controlling the former, while the BRICS, and especially Russia, dominating the latter. And as long as the BRICS don't have their own monetary system, they will be reliant on the every swift (pun intended) whim of Janet "price-to-equity ratio" Yellen and her central planning kind.

We are just as confident that he and his peers are currently contemplating how to no longer be bound by the former ever again.

[Great-Kazoo]

Right here is the kicker. The talk of dropping the dollar as the standard has been kicking around a few years. Why not laugh in the administrations face AND drop the USD.
China while hesitant and providing an accord could be reached. Would be happy to walk away from USD trading / valuation.

it is really a game of reserve fiat vs energy, with the US controlling the former, while the BRICS, and especially Russia, dominating the latter. And as long as the BRICS don't have their own monetary system, they will be reliant on the every swift (pun intended) whim of Janet "price-to-equity ratio" Yellen and her central planning kind.

We are just as confident that he and his peers are currently contemplating how to no longer be bound by the former ever again.

[davsel]

Precisely.
Dropping the dollar would cause the collapse.
US cannot afford to let this happen.
I believe we are on the verge of WWIII.
The US government can then place the blame on someone else for the inevitable collapse.

These are truly exciting times to be alive.

[Great-Kazoo]

Precisely.
Dropping the dollar would cause the collapse.
US cannot afford to let this happen.
I believe we are on the verge of WWIII.
The US government can then place the blame on someone else for the inevitable collapse.

These are truly exciting times to be alive.

These times have nothin on late 60's early 70's

ATTICA, ATTICA.

[davsel]

More on the collapse:
http://www.zerohedge.com/news/2014-0...me-over-dollar

[Cujo0920]

Obama's latest Russian sanctions send global markets reeling. Our European allies won't be amused, considering their markets are already on the brink of a 2008-style meltdown.

http://www.bloomberg.com/markets/stocks/world-indexes/

http://www.zerohedge.com/news/2014-0...stocks-reeling

[KS63]

Just heard of this;

http://gunssavelives.net/blog/gun-la...ecutive-order/

[HBARleatherneck]

it is in the LEGISLATION section
https://www.ar-15.co/threads/135299-...an-entities%29

[Great-Kazoo]

GTFO a DUPE, No Way

[mtnrider]

And the panic pricing on Saiga's begins in 3.... 2..... 1.....