Anonymous Source From the USA: When Will the Russian Ruble Be Tied to Gold? It’s a Matter of Time. The Central Bank of Russia Announced a Few Days Ago That It Was Buying Gold at a Fixed Price
By Australian National Review
The tax on the purchase of gold by individuals has been abolished. You don’t have to be a top-level financial analyst to understand what all this is leading to.
When rubles are pegged to gold at a price of, for example, 5,000 rubles per gram, and one troy ounce has 32 grams, which means that one ounce of gold will cost 160,000 rubles, then conversion to US dollars means that gold will cost 1,600 dollars per ounce when using rubles, and not $1,928 per ounce in dollars.
With this one step, Russia will destroy about 30% of the value of the US dollar worldwide. The only thing that can be worse for the dollar is that Russia has decided to sell its oil and gas only in rubles, and rubles are now fixed at 5,000 rubles per gram. Anyone who wants to buy oil or gas will either have to pay in rubles or pay in gold, and they will not receive the value of gold in US dollars that they offer as payment.
People all over the world will literally convert their money into rubles and get rid of dollars and euros. What Russia has just done is the financial equivalent of detonating a nuclear bomb.
The last person on this planet who tried to provide his currency with gold was Muammar Kadaffi. What happened next? NATO entered Libya, bombed it, until brainwashed locals grabbed Kadaffi on the street and put a bullet in his head. This scheme will not work with Putin.
Do you know what is happening with the world bankers now? They’re panicking. The so-called EU leaders are also scared out of their wits. They understand that what Russia has done will completely destroy both the US dollar and the euro, and these bankers will tell the heads of state that the third World War must begin immediately, because this is the only way out for them.
Effect: Europe (which needs Russian gas and oil) will now have to buy rubles from Putin for gold or pay for oil and gas with gold itself.
Foreign countries holding our dollar-denominated debt obligations in reserve will see an immediate and much lesser benefit in them, and will want to start getting rid of them in favor of something more stable that retains its value.
In fact, any currency linked to gold will meet all the requirements. This means that countries like Japan will start dumping their dollar debts as fast as they can — they are NOT going to go down with the American ship. They will switch to more stable currencies such as… ruble.
This will have a deflationary effect on the ruble, which will eventually make it more valuable.
This also means that Putin can change the ruble’s peg at any time he wants, for example, to 500, 50 or 10. It’s becoming more and more valuable to him.
The immediate result is that all these foreign countries dumping their dollar reserves will cause all these extra dollars to start coming home, causing more powerful hyperinflation than we already have in the US right now.
Is it any wonder why Biden called for regime change in Russia last week? He is about to force the masses of angry and literally starving Americans to march through the streets here at home, demanding answers.
Don’t forget, the other day Putin openly said that now people will convert their savings in dollars and euros in favor of safer investments, such as land, food and raw materials.”
