This is the gold people should be hording.
Posted on 10/28/2016 9:39:13 AM PDT by Perseverando
Well, I was going to blame Bush. But I thought, “He’s been gone too long.”
Then I was going to blame Global Warming. But I thought, “No one will buy it.”
So I decided to blame the Russians.
“And their whores were made of GOLD!...What? Oh.”
I would expect that a lot of their hoarding would include vast untapped areas of mining in Siberia. There has to be untold amounts still in the ground. They never had anything like the gold rushes of the American West. And the Soviets didn’t value it much.
There has to be huge amounts they could mine if the world heads to a gold standard when the petro dollar dies.
I think we could also, but that would be very difficult with the EPA.
“Similar to how the U.S. uses the dollar sign ($), the U.K. uses the pound sign (£), and the European Union uses the euro symbol (€), Russia is about to begin exporting its symbol internationally.”
And that does absolutely nothing for the ruble, that is now, has been, and for the foreseeable future will be, a garbage currency.
We call their missle the SATAN missile.
I’m coming to believe that we may in fact be the Great Satan.
A stream of propaganda from our rulers.
“Russia is seriously running out of cash”
http://money.cnn.com/2016/09/16/news/economy/russia-cash-reserves-depleted/
“After almost two years in recession, the country’s rainy day fund has shrunk to just $32.2 billion this month, according to the Russian Finance Ministry. It was $91.7 billion in September 2014, just before oil prices started to collapse.”
“And it’s getting worse. Analysts expect the fund will shrink to just $15 billion by the end of this year and dry up completely soon after that.”
This is the gold people should be hording.
Russia is ascending on the world stage as more trustworthy than the declining USA.
The IMF Special Drawing Rights basket of currencies will be the economic stage where our dollar’s value will shrink, and China’s Yuan and Russia’s gold back currency will fill the vacuum.
It’s all part of the planned harmonization of world currencies in order to unveil the long planned new world currency by 2018.
TPTB broadcast this since at least 1987:
http://www.economist.com/node/166471
http://www.alt-market.com/articles/2403-the-economic-end-game-explained
RE: ““Similar to how the U.S. uses the dollar sign ($), the U.K. uses the pound sign (£), and the European Union uses the euro symbol (€), Russia is about to begin exporting its symbol internationally.”
And that does absolutely nothing for the ruble, that is now, has been, and for the foreseeable future will be, a garbage currency.”
There are now two economic systems in competition. The dollar and the yaun. The emerging system is anticipated to be gold based and have real money on the world market. Gold will move as currency vs the dollar debt system. As the rest of the world moves closer to a new gold standard, the price should come down.
Thereby collapsing the economies based on credit(debt).
America is in a horrifying weak position in this scenario and I don’t see us recovering as a nation.
Well then I can assume that you have converted all your US dollars to Russian rubles.
This is the real reason for conflict with Russia. It’s got nothing to do with Crimea, Syria, or Putin hitting kittens with a baseball bat. It’s all about the dollar, oil, and Russia being independent of the US financial system.
Remember al those radio ads and newspaper spreads about Cash For Your Gold! I wonder where it all went.
So Russia is collecting gold and uranium, China is collecting lithium and rare earth metals, and we are shutting down coal mines, gold mines, and rare earth mines to stop global warming.
The article states that NATO calls the new Russian nuclear missile ‘SATAN’. I thought they might call it ‘HILLARY’. Aww, but I repeat myself!
Actually, no.
Folks - What happens if the $ stops being the unit of international business transactions like Oil?
With our debt in the stratosphere, what happens when somebody comes up with a new currency?
Ask the Brits what happened when the Pound got replaced by the $. Not cool
In a world of fiat currencies and RECORD world debt of $152 Trillion, currency names are meaningless.
The world’s future harmonized currency will be gold based.
The USA has no significant gold reserves to back our fiat currency. Our debt condition is terminal.
China and Russia have been accumulating and hoarding gold for a very long time.
They think in the long term.
Watch for an economic polar flip soon.
Geese. Just like the plot of another Tom Clancy novel.
I really should go through my books to count how many other of his plots came true.
A video a FReeper posted yesterday said gold std was bad, as it allows the NWO central bankers more control.
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