Putin Says The Petrodollar Must Die
Aug 14, 2014 09:37:22 #
I have been trying to warn people here for months that this is what is going on. Get your money out of the USD. Washington is working right along side to bring our dollar to an end systematically and controlled before the majority of the gold goes east. That way they can control the new global currency that will be asset backed. They will devalue the dollar to cut their debt until confidence is lost and inflation goes off the charts.
China and Russia are desperately trying to take control of the majority of the gold in their central banks so they control the new global currency.
Washington will steal all the global central banks gold deposits to support the new currency they come up with to maintain the majority seat in the new reserve currency per their bank cartel international bosses. The BIS will be required and the people will demand that the BIS step in and save us. That will be the end of the US as a sovereign country.
"Those who have the gold make the rules"
"Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"
On one hand, despite initial weakness following Europe's triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on... nothing.
On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.
PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY
Reuters adds:
President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia's economy.
"We should act carefully. At the moment we are trying to agree with some countries to trade in national currencies," Putin said during a visit to the Crimea region, which Moscow annexed from Ukraine earlier this year.
Countries such as China, India, Iran, Brazil, and virtually every other non-insolvent, that is to say "developed, Western" country.
And now, bring on the Russian "isolation" (which is about to push Europe, not Russia, into a triple-dip recession) and further de-escalation."
China and Russia are desperately trying to take control of the majority of the gold in their central banks so they control the new global currency.
Washington will steal all the global central banks gold deposits to support the new currency they come up with to maintain the majority seat in the new reserve currency per their bank cartel international bosses. The BIS will be required and the people will demand that the BIS step in and save us. That will be the end of the US as a sovereign country.
"Those who have the gold make the rules"
"Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"
On one hand, despite initial weakness following Europe's triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on... nothing.
On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.
PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY
Reuters adds:
President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia's economy.
"We should act carefully. At the moment we are trying to agree with some countries to trade in national currencies," Putin said during a visit to the Crimea region, which Moscow annexed from Ukraine earlier this year.
Countries such as China, India, Iran, Brazil, and virtually every other non-insolvent, that is to say "developed, Western" country.
And now, bring on the Russian "isolation" (which is about to push Europe, not Russia, into a triple-dip recession) and further de-escalation."
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