Socio-Economics History Blog

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Russia is Hoarding Gold at an Alarming Rate — The Next World War Will Be Fought with Currencies

Putin_gold

  • Russia is Hoarding Gold at an Alarming Rate — The Next World War Will Be Fought with Currencies
    by Jay Syrmopoulos, http://thefreethoughtproject.com/  
    Moscow, Russia – With all eyes on Russia’s unveiling their latest nuclear intercontinental ballistic missile (ICBM), which NATO has dubbed the “SATAN” missile, as tensions with the U.S. increase, Moscow’s most potent “weapon” may be something drastically different.

    The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency, the ruble.

    Take a look at the symbol below, as it could soon come to change the entire hierarchy of the international order – potentially ushering in a complete international paradigm shift – and much sooner than you might think.
Bank of Russia: New Symbol for Ruble.

Bank of Russia: New Symbol for Ruble.

  • The symbol is the new designation of the Russian ruble, Russia’s national currency. 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.

    After the failed “reset” in U.S./Russian relations by the Obama administration, and the continued deterioration of the countries relationship, Washington began targeting entire sectors of the Russian economy, as well as specific individuals, meant to impose an economic burden so severe that it would force Moscow into compliance.

    Instead of decimating Russia, what it precipitated was a Russian response of gradually weaning themselves off of the hegemony of the U.S. petrodollar, and working with China to create an alternative to the SWIFT payment system that isn’t solely controlled by Western interests (see Asian Infrastructure Investment Bank, New Development Bank). According to the Corbett Report:

    read more.

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October 31, 2016 - Posted by | Economics | , , , , , , , , , , , , , , ,

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