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:
Bernie and trump are full of s**t
Putin is a screwed man
Putin is a wise man.
yes Vladimir Putin you have to get Russia economy better also use gold standard work!!
They will fail.
my question is has anyone every seen the gold at fort k ox I mean I hear this “story” about the gold
we dunski
Ya since the USA stop gold standard were in a heap of disaster.china and Russia have been working up to this to kill our dollar and it is not going to be good for America
Russia knows what to do with their criminals they send them to Siberian Gold mines–As far as I know the mines are owned by the Government.
And they never run out of labor always there is replenishment with new ones after six months or so the length that these guys can survive–A perfect system–pay back for your cirmes with gold–HOW ABOUT THAT.-Don’t have to worry about color TV sets and overcrowding of prisons.
china has more..