I don’t think people realized what just happened over the past few days, so I’m going to try to explain what I’m seeing:
The Russian central bank pegged 1 gram of gold to 5000 Rubles (currently, about 50 bucks).
At the same time, Putin made it so that Russian gas and oil can only be purchased in Rubles.
Meaning: Putin basically just pegged Russian oil and gas to gold, using paper rubles as a proxy.
Meaning: Europe will need to either buy Rubles from Putin in gold, in order to buy gas and oil, or they will have to buy directly in gold. Which means, there will soon be a lot more demand for rubles.
Currently, the forex rate for rubles to dollars is about 100:1.
But… with 5000 rubles now equaling 1 gram of gold, and oil being priced directly in gold – you’re going to see a massive price disruption in these FOREX markets, in terms of how much gold a dollar can actually still buy.
Foreign countries holding our dollar debt notes in reserve will see less of a use for them, and will want to start dumping them, in order to get something more stable, something which holds its value.
Basically any currency pegged to gold now will fit the bill. Which means those countries – countries like Japan – will be dumping their dollar debt as fast as they can. They’re are NOT going to go down with the ship. And they will move into more stable currencies – like the Ruble.
Which will have a deflationary effect on the Ruble, making it more valuable over time.
Which means Putin will be able to re-peg the Ruble to Gold at whatever rate he wants, down the line. It’s 5000 rubles today. Tomorrow, it might be 500. And then 100. And then 10.
This also means all those excess dollars being dumped by foreign nations are about to come home and cause even worse hyperinflation than we’re seeing.
Is it any wonder Biden is up on stage pleading with Europeans for regime change in Russia? He’s about to have masses of angry and starving people marching through the streets here at home, demanding answers.
Biden should have never put financial sanctions on Russia, We owe 30 plus trillion , we were in no position to ride out the storm , with no rainy day fund. Sean Hannity and Lindsey Graham calling for the execution of Putin.
Dont piss off a Bear, he’ll charge you and bite your head off. And thats exactly what he’s doing.
Putin made his move after two decades of warnings regarding NATO. Then he recognized the weakness in the swamp,woke,the green new deal, this support for the Iranian nuke deal, our thirty trillion of debt. The moral of the troops due to the masks and jabs. Then there was the agenda of the NEW World Order/ WEF World Economic Forum. So he made his move , and now China,India are on board with dumping the petro dollar. Japan has said they will be dumping the dollar.
My new mineral of choice , LEAD!
Oh, and apparently the Geneva convention is history. We have live videos of Ukrainian troops, shooting captured Russian troops in the legs and groins. If anyone is interested I’ll forward the videos.
The Arizona Sentinel 