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:
Fort Knox has no gold anymore.
Our government had to pay there dept. Back to China.And most likely made a killing for themselves..
We are so doomed.
gold standard will create a very high inflation rate in Russia, it will eventually collapse
Give it your best shot Putin your a toad lol
Just nuke each other get it over with start over all these big country is Russia United States all sound like little kids at high school bullying each other just sickening after a while
This is already in the prophecy of the Holy Bible. It is coming.. not a matter “if” but “when” and it looks to be very .. very soon..
That’s great that the Russian government has money but its people is still broke. Not all gold is yellow some comes out of the ground black.
We have been going to war with people doing this well before Obama. I don’t like him either, but most wars have been over the gold standard and oil since ww2
If people don’t wake up, we are SCREWED
True David but Obama put a lot into action that hasn’t started yet as well… Just sealing these deals..
you do not make afraid only yourself . you are in hell now sir ,it is not a picnic it is a war ,