US Gold trader Jim Sinclair has a different explanation, it's not the Russian economy that could be hurt by sanctions but the US financial system particularly the dollar that could go into freefall if Russia instituted it's own retaliatory sanctions.
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."
Ekspert za trgovinu zlatom kaze da Rusija ovdje ima moc a ne Amerika. Jer Rusija moze izbacivanjem dolara iz trgovine gasom i naftom, da izazove kolaaps dolara i americke ekonomije. Putinu kaze ne treba nuklearna bomba. On u svojim rukama ima nuklearnu ekonomsku bombu koju moze da aktivira kad god pozeli.
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