The U.S. dollar can expect to take a pounding if Russian President Vladimir Putin carries out what appears to be a conversion of Russian currency to a gold-based standard.
Just this past September, Russia added another 1.1 million ounces of gold to it’s reserves, increasing the total amount of gold it possesses to a whopping 43.5 million ounces.
This theory is given even more credence by the fact that the massive country has added a combined total of 2.51 million ounces of gold to it’s holdings, marking the biggest gold reserve increase within a three-month timeframe in Russian history.
Check out the next page to see the increase in Russian gold reserves for yourself:
Is this sarcasm? Don’t you mean high inflation in US? Especially when China follows suit and all the unwanted dollars come back…
learn how to camp, get seeds, grow your own food, how to build shelter and get the hell out of the big cities.
Absolutely true!
Our fiat ( worthless paper and base metal ) currency system – forced upon We the People via the treasonous sale of the Constitutional right to coin and print money to the Federal reserve board is ripe for failure – which is purposefully intentional. One of the best ways to destroy a country from within is to bankrupt it and devalue it’s money to worthlessness…
Sound familiar?? All carefully orchestrated and underway. We are on the verge of financial collapse… And if other nations go back to the gold standard – it’s over. Libya was planning on doing this…any ?’s.
Great idea, but a physical impossibility. There is not enough gold to back the amount of fiat currency circulating. This is the perpetual lie of the Federal reserve system.
I urge you to research the Federal reserve system – our fiat currency is worthless.
Absolutely true! The Federal reserve board will do anything to stop attempts to overthrow their corrupt and criminal banking empire, including assassination of leaders and destruction of entire countries.
China hasore gold
China has more gold.
Very true. But once you realize Omoslem is against We the People and America, it all makes complete sense.