Welcome to another Fire Side chat with Dave Kranzler of Investment Research Dynamics. In this latest conversation, Dave and I dig into Russia and examine several of the issues that have been all over the alternative news as well as the prestitute media.
Some of the more recent issues have dealt with the crashing Ruble and how this is happening. Dave believes, and I agree, that it is a function of the currency wars instituted by the US government. Why wouldn't the Federal Reserve point their barrels at Russia's economy and use the dollar to create some much needed distractions from the $1 TRILLION increase the US deficit? As desperate as the Western world appears to be, with the dying-dollar at their feet, they need another war and they need it now. Demonize Russia, and more specifically Putin, create a situation that may cause the citizens of Russia to turn on their leader and start dropping bombs. A hungry and angry citizenry makes for nightmare scenario of the ruling class in any country.
One of the other main issues is whether Saudi Arabia is working in conjunction with the US to keep the price of oil at current lows while maintaining the same levels of supply. Mr. Kranzler explains this is NOT a situation created by these two countries working together, but rather the glut of supply in a world of low demand. Dave gives detailed reasons for what he sees as nothing more than a global slow-down in the world's economies against a back-drop of OPEC refusing to slow down oil production.
We need Part I discussing Russia selling gold to protect the Ruble or is it selling oil to acquire more gold? This is where the conversation gets very interesting.
We hope you learn a little something, and we hope you are as entertained as we are.
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