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:
My Lady friend is of Ukrainian decent and She thinks Putin is a Communist.
USA must get back on the gold standard.
Most Leftist are just the same kind of “Democratic” as The “German Democratic Republic” was.
It’s not like our faux president even knows what to do about it.
The dollar was gonna die anyway.. the only thing keeping it alive is oil.. it’s needs to die so we can find clean energy
Obummer will ruin this country if he can!!!
The only countries that did not have a Rothchild controlled central bank when.Obama took office were Libya ,Iraq, Iran, Syria and Yemen. Funny huh? Moamar.Qaddaffi.was lived throughout Africa and planned on moving Libya to a gold standard and being tbe bank for.Africa. That’s why.Obama illegally used.100,000 US troops to depose and assasinate him.and give his country to AlQaeda..run by the Muslim Brotherhood.
Thanks Obama……..
I don’t think Russia is preparing to do it. China in the other hand is.
Physical gold and silver is always best to have on hand. However there is one safer choice for your 401K. Look into Sprott ETFs. They are run by Eric Sprott who is a Canadian billionaire. All his gold, silver, and other precious metals are actually physically backed by those metals and are stored in a secret/private vault in Canada.