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:
But of course….try taking that gold brick to the grocery store…
Not sure we have actually seen “our gold” in quite some time.
I’m sure he’ll give you a million worthless dollars too, dumbass
We all know there’s no gold in Fort Knox
Big surprise Put Man…
I’ve been a slave to that petro dollar all my life. And the Federal reserve system maybe it’s time to go back to minting coinage
We need to invest in gold as well. There are many places around the world we could trade with to have access to their gold mines… what we have that is in high demand is our military security… same deal we made with iraqi people
He has a lot has been buying it up!
Moving before he’s taken out like Saddam Hussein , Gaddafi and soon to be Assad
I think Putin is great. A world leader with balls. I’d prefer he take over the duties of Obama, Trudeau, and Merkel