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:
NEVER MR. PUTIN WITH ALL RESPECT .. YOU WILL NEVER CONTROL THE WORLDS CURRENCY THE MIGHTY US DOLLAR
America is going to pay dearly for their out of control spending, they owe so much money to everyone and the people talk about russia this and china that but at the end of it USA has no collateral for all the spending they continue to do,
Hillary baggedanother “contribution” !
Brace yourself America because I really believe this is going to happen. It’s going to be worse than the Great Depression.
When Nixon took us off the Gold Standard THAT is when OUR Debt worries Started!
In June, Trump called the Affordable Care Act a disaster and insisted that the worst of it won’t be felt until 2016.
Aside from any difficulties getting the necessary votes in Congress to repeal the law, ending the Affordable Care Act could be costly.
A new report from the Congressional Budget Office and the Joint Committee on Taxation estimates that the cost of repealing the taxes levied by Obamacare, and the cost controls imposed by the law, would by themselves increase the deficit by $353 billion between 2016 to 2025.
A dollar bill is just a piece of paper, the only thing that makes it worth the amount is our acceptance of it, and that’s because it’s backed by our gold reserves
hmm….
No way out of impeachment
what a loser
HAHAHA
And if done it WILL! Biggest crime commited on the american people was the introduction of a fiat currency!