Jim Sinclair has sent a rare alert to subscribers this weekend warning of the potential that a major black swan event is currently unfolding in Ukraine.
Sinclair states that the Ukraine situation will expand on a three play, play book, benefitting Russia economically by protecting their control of the natural gas supply to Euroland.
The potential clearly exists for the Ukrainian crisis to rapidly descend into a major black swan.
Year of the Horse Bars & Rounds As Low As 89 Cents Over Spot at SDBullion!
From Jim Sinclair, JSMineset:
The following is a potential Black Swan event.
There are Western and EU assets in the Ukraine that could be quite significant in a quiet but powerful equation for Ukraine natural gas of for who runs the Ukraine with what basic loyalties of these new leaders.
Due to the new developments thought to exist in fracking, there is a Black Swan potential in the Ukrainian situation.
Military experts see no immediate resolution to the Ukrainian situation but rather a three step affair for Russia to wield decision making Russia positive placement in the Ukrainian government while directly influencing the Crimea area. Military opinion is that there will be no direct intervention by the US or NATO therefore the situation will expand on a three play, play book, benefitting Russia economically by protecting their control of the natural gas supply to Euroland.
Nothing happened here spontaneously after the close of the Olympic Games.
Our Business in Ukraine
Chevron is pleased with the award of a tender which provides the right to conclude a Production Sharing Agreement for the Oleska area with the State of Ukraine. The Oleska area covers approximately 1.6 million acres. We now look forward to working together with the Ukrainian Government, local authorities, and our partner in relation to this opportunity.
Ukraine airline says Crimea airspace closed Friday, 28 February 2014
KIEV, Ukraine (AP) – Ukraine International Airlines says it has canceled flights to and from the regional capital of Crimea due to the closure of the airspace over the peninsula. The announcement, which did not say who had closed the airspace, came after heavily armed uniformed men took up positions outside a military and a civilian airport in Crimea, a flashpoint in the tense relations between Ukraine and Russia, which has a naval base in Crimea. The airline said it has canceled flights to and from Simferopol airport on Friday evening andSaturday. A woman answering Simferopol airport passenger help line said the airport was not closed but that all flights were canceled “due to the situation in Crimea.” On Thursday, pro-Russiangunmen seized local government buildings in the semi-autonomous region.
Russia Confirms Moving Troops into Ukraine’s Crimea Peninsula
Friday, 28 February 2014
The Russia foreign ministry admitted the country moved their troops into Ukraine’s troubled Crimea peninsula. The autonomous republic within Ukraine identifies as Russian and has been fighting back since parliament ousted Viktor Yanukovych.
The Telegraph reports:
“The Ukrainian side was also passed a note regarding the movement of armoured vehicles of the Russian Black Sea Fleet in Crimea, which is happening in full accordance with the foundation Russian-Ukrainian agreement on the Black Sea Fleet,” the ministry said in a statement posted on its website on Friday afternoon.
In the same note the Russian foreign ministry said it had declined a Ukrainian request for “bilateral consultations” on events in Crimea because they are “the result of recent internal political processes in Ukraine.”