Wednesday, March 5, 2014

ON THE PRECIPICE

"We are on the precipice of something huge, absolutely huge, something we have not seen, most of us, in our lifetimes, and Vladimir Putin is playing this like a master, in my opinion" so says Gregory Mannarino of TradersChoice.net. Several days ago I posted that March 4 might be a day to watch because, "the 4th of March 2014 would be the date on which the economic collapse accelerated," according to economist Grady Means speaking in 2012.>

Mannarino posted a YouTube yesterday, on March 4th, describing how Putin has set up the United States to crush us economically. In a second follow-up video just two hours later, Mannarino reiterates that he believes that Putin is setting up the U.S. for a "severe blow," and to expect a hard pullback from the DOW. In this 2nd YT he provides a very easy-to-understand chart about DOW Transports to illustrate what he is looking at with regard to the DOW. Mannarino does not expect Putin to back down from Obama and that Putin's ultimate goal is is to probably bring back the old Russian empire.

In addition, Mannarino is waiting for "China's move," and thinks China's "going to do something," and that these two powers are "colluding" against the United States, and we may see a "two-pronged action here," and "it could happen at any moment." I've placed both YTs at the end of this post.

Drudge posted several links yesterday about threats to the U.S. dollar from Russia, especially with regard to using the dollar for oil, and China indicated, rather quickly, support for and alignment with Russia.





ZeroHedge also kept its finger on the pulse of Russian rhetoric concerning the U.S. dollar.

Russia Warns "Will Have To Respond" For US Sanctions

Putin Advisor Threatens With Dumping US Treasurys, Abandoning Dollar If US Proceeds With Sanctions

Dimitru Duduman said this day would come, the day when Russia would say,"Why let ourselves be led by the Americans? Why not rule the world ourselves? They have to be kicked out of Europe, too! Then I could do as I please with Europe!"

CHINA -- PREPARING FOR WAR? WHAT DUDUMAN SAID

And speaking of Duduman, this is what his grandson Michael Boldea had to say March 2, about Russia and Ukraine.

Poking Bears

And from The Economic Collapse blog:

Russia And China Stand In Agreement On Ukraine – And That Is Very Bad News For The United States

And doesn't Mannarino's word, "precipice" remind us of President Obama standing on the edge of the Grand Canyon?

AS WE APPROACH MONDAY

And isn't it interesting that President Obama spoke about the Ukraine crisis from Powell Elementary School yesterday? Interesting because in I, Pet Goat 2, the video shows in its first opening minutes Satan manipulating a puppet who happens to be George W. Bush in an elementary classroom the day of 911. Then Bush sits in a chair and swivels around to become Barack Obama who is now in the classroom. A minute or two later, the scene switches to outside of the classroom and we see the Twin Towers fall and then the scene transforms shortly thereafter to a scene of a Middle East War. I understand President Obama was in the classroom to tout his latest budget proposals, which includes funding for Pre-K, but what an interesting setting to also speak of Russia and the Ukraine, especially as the actions of Russia seem provocative toward war.





In the meantime, concerning Wanapum Dam, here is the latest from ENE News:

Is cracked dam a ticking time bomb? “Next 24-48 Hours Critical” — “Preparing for worst-case scenario” — No ‘immediate’ threat — Feds monitor structure, ‘sudden release’ possible — “Very few have faced this” — NPR: New photo shows ‘pronounced curve’ — Docks near Hanford nuke site closed

NPR: Operators struggle with major crack in dam; Spillway could topple — AP: “Extends all 65 ft across monolith”; About 20 miles from Hanford nuclear site — TV: “Pretty crazy… one of biggest dams in state, going to be a catastrophe if something happens”