And Moving Western Monetary Policy Into Oblivion
By: Christopher Maffei
just thinking about a gold-backed Ruble and a new system of settlements other than SWIFT is like falling through a warm cloud and then soft landing into a tropical sea―then floating off into a beautiful sunset. Whereas, the American system of settlements is like “Bill & Ted’s Bogus Journey“
As of now, our Orthodox friends have taken the first steps in freeing the world from US dollar hegemony– implementing a Gold/Ruble peg. By offering to buy gold from Russian banks at a fixed price of 5,000 rubles (at) [$59] per gram (even). Given the fact, that gold trades in US dollars, this sets a floor price for the ruble in terms of the US dollar. Consequently, if the paper gold markets at the CME try to drive the US dollar gold price lower, they will have to try to weaken the ruble as well, or else the FED manipulations will become transparent.
This being the case, Russian natural gas is now linked via the ruble to gold. Now Russian natural gas customers can now acquire rubles as a reserve or simply use gold to pay for natural gas. This is being Coupled with Russia’s new settlement system. Therefore SWIFT can now be canceled within central Asia–good riddance.
— And for god sake, I thought this decrepit (sh*t) system would never end in my lifetime―thankfully like a breath of fresh air we have arrived at the station.
You may think this is the pinnacle of Washington’s failures―not quite, the real folly is yet to come. This is just the start, President Putin will be laying down one ace after another. Until, finally, the people in Washington will be at the end of their pitiful ropes with the American people knocking on the front door once more.
Given the fact that we are nearing the US dollar’s demise, The BRICS will want their currencies to be beneficiaries of a new multi-lateral monetary order — Including India. We are seeing the inception of a new gold and commodity-backed multi-lateral monetary system that will first compete with the dollar and then replace it
To put this in the simplest of terms, if you had Rubles in your left hand and Dollars in your right. The Rubles in your left hand are very simply gold — then the choice becomes obvious. This is the legacy that the leadership in Washington has left the American people — outright Oblivion. Many of you will not like this arrangement and I don’t blame you.
Unfortunately, for the typical American, you have no choice. In reality, Russia is setting the table — and what is being served are Russian premium vodka, Chicken Kviv, and Beef Stroganoff on the Volga.
Contrary to the most popular narrative, the US dollar losing its dominance is not because of Russia Gate or even the Podesta emails. And It’s not because of Russian hackers or the Russian campaign on the Caspian steppe.
The answer can be found in Washington where the dumbsh*ts have emptied the nation’s treasuries. A group of lawyers that have squandered a nation’s resources. So much so, the only currency left for these jackals are MSM lies and one bazaar distraction after another. Where the fools have taken you to the edge of nuclear war. This is not just the failure of our representative government. It’s our failure as a people for allowing this to continue.
Even worse, We can never forget that if the people within the District of Columbia encourage and spawn nuclear war — they will not have to answer for their crimes. A reality they are well aware of. Hence the suicidal talk from Senator Graham. And in many ways, it seems like light years ago. But, calling for the assassination of President Putin is a sign of pitiful desperation and encourages outright nuclear war with Russia. So far, Russia hasn’t bitten into that Wrigley Field hotdog. As of now, the Russians are the only adults in the room.