The rising tensions between the United States and Russia did not brew overnight, Rickards continues.
Ukraine should be a "buffer state and should be neutral," Rickards says, emphasizing that economic sanctions not only punish Russian citizens, but also punish American citizens.
Rickards implies that there will be massive food shortages as Russia occupies Ukraine, saying, "the impact is already here, and it's going to get a lot worse."
The Chinese yuan and Russian ruble will not replace the dollar as the world reserve currency, he concludes.
- Source, Stansberry Research
