Scared the US economy will collapse?

Gold is safe heaven when economies are zonk..zonk, but buy it from a reputable source. You don't want watered down gold. China savvy, took Max Keiser' advice and bought gold. Not only does USA owe money to USA, but its paper currency not worth the paper its printed on, ie not backed up by gold reserves.

If the economy wasn't in trouble, they wouldn't be looking to start up yet another war. Threatening Russia, just playing into the hands of those, who can do without USA Petro dollar. Russia/China etc looking to launch own system.

Max Keiser's other reports.

http://rt.com/shows/keiser-report/

US collapsing, becoming Casino Gulag state: http://youtu.be/-U4eohphF2E

Escobar on RT: US fears opposing views are gainin…: http://youtu.be/kenrq8zFNvc

'Unrest in Ukraine part of NATO's expansion plan': http://youtu.be/cKfdfbwkm5I

Why The Crash of 2016 Will Happen...: http://youtu.be/06WOhNgXBZw

Sanctions list: interview

http://rt.com/shows/venture-capital-summary/russia...

http://rt.com/business/154576-sanctions-not-effect... Sanctions 'not effective' in modern world - Putin. Published time: April 24, 2014 14:38

'Western-led sanctions have several advantages for Russia, the President said.

The threat of real economic sanctions is already helping boost domestic businesses, bringing more offshore funds back to Russia, and giving policymakers the push they need to establish a domestic payment system. Similar to what Prime Minister Medvedev said last week, sanctions will only make Russia stronger.

De-offshorization has long been a priority of the Kremlin, and Western-led sanctions only help this cause.

Russians with Western-held assets worry their funds could be frozen at any moment, which gives incentives to keep money domestically and pay taxes into the Russian budget, and not an offshore tax haven. An estimated $111 billion of Russian money, or 20 percent of the country’s exports, is "lost" offshore,

Policymakers are also encouraging businesses to list their companies in Russia, and not abroad, to shield themselves from sanctions.

The first wave of US sanctions prompted a mix-up with Visa and Mastercard, which led to unlawful blocked payment freezes at three Russian banks in March. Services shortly resumed, but President Putin thinks the disruption will lead to losses for the two giant credit card companies.

According to Putin, this was a “very big mistake”.

Putin said he believes the Visa and MasterCard payment systems will lose their market share in Russia -currently 90%- over any future payment disruptions.

“I’m sure they are already aware of this. I’m not talking about some administrative steps from our side. We do not envision any punishment steps for our dishonest partners. But they are undermining our credibility in them, which means they are absolutely certain to be losing market share," the president added.'

http://rt.com/news/154832-russian-agents-ukraine-l...

'Kerry has many times mentioned that Ukrainian intelligence captured Russian agents,” Lavrov said. “So, show them to the people, have them on TV. Kerry says they don’t want to disclose the identities of those people who are engaged in the captures. This is not serious.”

While the west is accusing Russia of not following through on the Geneva agreement, Lavrov believes the attitude stems from misinterpretation of the de-escalation agreement.

“Representatives of the US State Department, Victoria Nuland in particular, claim that in Geneva we agreed upon ‘separatists’ leaving the occupied buildings,” Lavrov said. “This is a lie, this could not have been written, because we were promoting the approach that ensures the simultaneity of processes and equal responsibilities of the sides when it comes to vacating illegally occupied buildings and disarming illegal groups.”

Lavrov said that Russia would not allow the distortion of the text of the Geneva agreement. He also questioned assertions made by John Kerry a day earlier concerning Kiev’s full compliance with the Geneva agreement. Kerry said authorities in the Ukrainian capital were “removing the barricades in the Maidan and cleaning up the square.”

“Instead of tires, they are now setting up concrete blocks there,” Lavrov said. “No one is going to clear the place.”

Lavrov complained that his western counterparts were not abandoning the language of slogans, even in one-on-one telephone conversations.

“If you think that when John Kerry, William Hague or Laurent Fabius call me, they speak differently in those personal contacts and say something you don’t know from their public speeches, you are mistaken,” Lavrov said, adding that he was still making attempts to have a real constructive dialogue with the officials he mentioned.

All kinds of sanctions against Russia are a sign of Western states having “got lost in their own game,” he said.

“The West generally wants – and the whole thing started with that – to capture Ukraine, with the intention being solely based on geopolitical ambition, not on the interests of the Ukrainian people.”

When the West realized it couldn’t get it its own way, it grew frustrated, Lavrov said. The frustration has been revealed in the “hard efforts on the sanctions trackway.”

http://rt.com/business/154984-china-property-buyer...

'The Chinese are flocking to the US market because after the housing crash of 2007-2010, property prices fell and are still relatively low in comparison to other parts of the world.

Luxury apartments in Hong Kong, Singapore and Shanghai sell for between $4,100 and $5,000 per square foot, while in Manhattan as well as Sydney they go for $2,100 to about $2,500; London comes in at between $3,300 and $4,100.

“By far and away the Chinese are the fastest growing demographic. They are the top consumer for real estate, and New York is front and center,” said Dean Jones, a US based broker with Sotheby’s International. Russian buyers in contrast are becoming scarcer and brokers say the crisis in Ukraine will mean a further reduction in their numbers.

“They’re gone, they’re gone. They’ve been gone since the Crimean outbreak,” said Nikki Field, a broker at Sotheby’s international.

Field added that as far as Chinese demand was concerned they had “only scratched the surface”.

And they’re not confined to Manhattan penthouses, with many snapping up mansions on Long Island like the Great Gatsby almost a hundred years previously.

Such is the inrush of wealthy Chinese that some locals are starting to complain about the new “China Price” where Chinese buyers outbid other buyers often with cash offers.

And they’re not always turning up to the deal in person. One Chinese buyer recently brought two properties worth $13 million at the Baccarat Hotels and Residences in New York and did the whole deal on WeChat, according to Douglas Elliman’s Emma Hao, the broker who did the deal.

“I think the Chinese trend is onwards and upwards. There will be more Chinese buyers, and they will take more share of the market,” said Liam Bailey, a partner with Knight Frank.

The credit agencies who gave all companies that tanked, (needed government bailouts), a clean bill of health, do investors talke them seriously? http://rt.com/business/154592-standard-poor-russia... No More 'Big Three'

As the West ramps up economic threats against Russia, policymakers in Moscow are preparing colossal changes to their role within the global financial structure.

Russia hopes to create its own ratings agency, independent of the western "big three" - S&P, Moody’s, and Fitch, in an effort to break the world monopoly of rating systems. Over-reliance on the western financial paradigm has caused Moscow great pain- especially the US decision to wind down its asset buying program, which has had a negative effect on emerging markets worldwide.

Decreasing reliance on the dollar and switching to a national payment systems, like China and Japan already have, is also a main goal for Russia. In March, as a result of sanctions, US credit card company’s Visa and MasterCard erroneously blocked transactions at three Moscow banks. Services shortly resumed, but the slip up may cost these companies market share in Russia, President Vladimir Putin said Thursday while addressing journalists in St. Petersburg.

If you choose to buy gold, make sure you physically have the gold and not some certificate that says you own x amount of gold. You will understand what i mean when you go to buy gold. If the economy does tank, who knows where that gold will go. Also, get a safe deposit box and store your gold and all other valuable documents there. It is much cheaper than insuring your gold.

I do think it's wise to buy some gold, was considering that myself. But the mass chaos thing, I doubt that.