#petro dollar

[akonoadham]

[punishedsaints]

[reality-detective]

[groanings-0f-a-dying-empire]

🇺🇸⌛

[thefreethoughtprojectcom]

James Corbett joined us to explain how the petrodollar era is fading and what’s replacing it. The shift is already underway. James details the why.

Full Episode on Spotify, Apple Podcast & More: https://linktr.ee/tftppodcast

#TheFreeThoughtProjectPodcast

[theexodvs]

The only reason American politicians are saying, “ZOMG DEATH 2 RUSSKIES!!!!!” is because they are Saudi assets.

[zanajax]

Ummmm... Just in case we forget the real reason Syria needs to be invaded. https://youtu.be/NjOr2YzrZDY

[the-funtime-autocrat]

Russia’s plan to free itself from the US dollar is working better than anyone ever imagined

Russia has now tripled its gold reserves from around 600 tonnes to 1,800 tonnes.

The saga of Russia breaking away from the American dollar continues.

From TheDuran:

“Russia’s desire to break away from the hegemony of the U.S. dollar and the dollar payment system is well-known. Over 60% of global reserves and 80% of global payments are in dollars. The U.S. is the only country with veto power at the International Monetary Fund, the global lender of last resort.

Perhaps Russia’s most aggressive weapon in its war on dollars is gold.The first line of defense is to acquire physical gold, which cannot be frozen out of the international payments system or hacked.

With gold, you can always pay another country just by putting the gold on an airplane and shipping it to the counter-party. This is the 21st-century equivalent of how J.P. Morgan settled payments in gold by ship or railroad in the early 20th century.

Russia has now tripled its gold reserves from around 600 tonnes to 1,800 tonnes over the past 10 years and shows no signs of slowing down. Even when oil prices and Russian reserves were collapsing in 2015, Russia continued to acquire gold.”

Previous posts on this subject:

http://the-imperial-autocrat.tumblr.com/post/164936105626/de-dollarization-accelerates-china-readies#notes

http://the-imperial-autocrat.tumblr.com/post/134658989891/gold-backed-ruble-yuan-to-trigger-global