Well, this is not good…

So coupled with the case of sudden Jihad syndrome out of Australia, we have something that is considerably concerning and interestingly not being advertised well within the news.

Last night Russia increased interest rates to 17%. Yes, those rates are Jimmy Carter era rates. Now why would they do something like that? Well here it is in graphical form:

Snapshot as of Dec. 16, 2014 0716 Pacific Time

Snapshot as of Dec. 16, 2014 0716 Pacific Time

The link will take you to the current Kitco rates. That’s right folks the Russian Ruble has damn near lost half its value in 30 days. There is a bunch of very interesting things if you think about it, and none of it comforting. Be ready cause winter is coming.

It is becoming apparent that the majority of the world has been printing money at a rate faster than the US and the US is making Zimbabwe look like thrifty spenders. How is that for “mental comfort”.