Trump said that Putin is a really smart leader. Well, he said this for a reason! Even before invading Ukraine, Putin had prepared himself to deal with the imminent sanctions. But it was the dumb leaders of the West who couldn’t match Putin’s shrewdness. Biden imposed, what he termed as “crippling” sanctions on Moscow and excitingly waited for the Russian economy to “blow up.”
But much to Biden’s chagrin, that delusion never saw the light of the day. Now, consider Russia’s steps to shore up its currency—the Ruble. Russia, with three major steps, has effectively recovered the lost valuation of its currency. And now market experts say that the Russian Ruble is now more stable than the US dollar!
Russian puts the ruble on the gold standard
Recently, the Russian central bank announced that it will put the ruble on a gold standard. The bank pegged 1 gram of gold to 5,000 rubles. Now that means, one troy ounce of gold or 32 grams of Gold would now cost 1,60,000 rubles in Russia. At the current exchange rate, 32 grams of gold would cost roughly $1,600 in Russia.
But wait, in the US, the same quantity of gold would cost you $1,928. That means Russia has effectively ratcheted up its currency’s value against the dollar by pegging it to gold. If, 1 gram of gold is bound to 5000 rubles, then according to Western standards, the ruble must be valued at 70-75 units against 1 dollar.
If you’re confused why the ruble being backed by gold is a big deal for the dollar pic.twitter.com/ivJ0AjKUbg
— jon 🪩✨ (@jon_speaks_) March 31, 2022
This move to encourage domestic gold inflows to the Russian Central Bank
Since the West has banned Russian gold under sanctions, Russian banks would be more than happy to sell whatever gold they possess to the Russian central bank. They will sell even on discounts since they can’t find buyers in the West due to sanctions. More domestic gold flows to the Central bank would mean the ruble will get stronger with each passing day.
How Russia has weaponized its gas trade with Europe to strengthen its currency?
Russia has asked “unfriendly” nations to pay in gold or the ruble for their gas trade with Russia. That would encourage international gold flows to the Russian bank. European countries would either have to buy rubles using gold or simply trade through gold. In both ways, the EU will end up helping Russia deepen its gold reserve. That would mean that ruble’s value would get even more strengthened.
Read More: Why did the Western sanctions on Russia fail?
Russia to declare the ruble as a substitute for Gold
Now, under the third step, Russia will simply put its currency on the gold standard. It can simply declare the Ruble a hard gold substitute at a fixed exchange rate. Now, when a currency is backed by gold rather than the US dollar, it becomes more stable and stronger. With a strong ruble backed by gold, Russia would simply be in a position to insist on payment for Russian commodities in rubles. So, each time any European country pays Russia in the ruble or gold, it will simply end up strengthening the ruble’s position even more.
Interesting. The more ruble they buy to pay for energy, the stronger the value ruble becomes, weakening the dollar's global dominance as a reserve currency. Since the US abandoned the gold standard, the dollar has been pegged against oil, if this value is eroded…hmm? 🤔
— Aaron Ugede (@Alpha_son) March 26, 2022
They had thought that by devaluing Russian gold and by sanctioning it, they would reduce the amount of stuff Russia could buy using that gold. Instead, the ruble’s binding with gold and ensuing decision of forcing EU nations to pay in ruble or gold for their gas trade with Russia have simply turned the table on the West.
Trump and Biden work with Russia and china to implement the NWO which is freemasonry controlling the world. They are helping each other. Russia and China will win and Putin will own the entire world. He is the top man of freemasonry, the one who calls all the shots. He is Lucifer. Stalin was just Satan, Lucifer is the highest fallen angel.
They are all obedient to him and have no choice but to do his will. It will be Hell on earth soon. Lucifer’s kingdom of Hell, consecrated in the blood of all the people of God.
Satan and lucifer are the same entity, your statement makes no sense.
Good supposition; however your facts come from mainstream media. (All lies or wrong.) Putin is cleaning out the Kazarian trash(they are in fact more closely related to the fallen one) Money laundering,child trafficking,unlawful chemical weapons laboratories and an underbelly of pure evil exists in Ukraine. When this military operation is completed; Ukraine will have truly free and fair elections to be who THEY want to be. This is not an occupation. All evil players want war BUT the people of the world do not! Put on the full Armor of God and pray!
You really believe that you have thought this all through ver6 carefully well, you haven’t?! So before you continue on to show yourself to be even more of a fool, put a cork in “it”!
Though I do not have a problem with the Freemasonry statement, your statement about Trump, Putin and the Patriots is just plain irresponsible!
You are wrong! Explain how that guy is building Christian Orthodox churches across Russia? Thats building 3 Christian churches per day. He is behaving like a Byzantine Emperor. In Moscow alone 25 new cgurches are constructed each year! – https://www.themoscowtimes.com/2019/05/27/russia-builds-3-new-churches-a-day-orthodox-leader-says-a65755
How many churches has the US built lately? Or maybe Lucifer is in the US, land of pedofiles and homosexuals. The US whose President appoints a transvestite to head the nuclear energy agency. The US which has errected a huge statue of Baphomet in Masachusetts. The US which allows for the satanic churvh to exist.
You are truly a clown of epic proportions. Not even your demonology knowledge makes any sense. ANd you know nothing about Lucifer or even freemasonry.
You know you should just watch “Wide Putin walks but is always in frame 10 hours” on youtube… and then say “screw that, I’ll get a life!”
Covid is a smoke screen for radiation sickness (5G)
Only an uneducated American believes that nonsense. A first year high school student could debunk that in ten minutes.
I’d be more worried of the nuclear missiles that were armed and on standby in january 2022
Not only has he backed the Ruble with gold, but by announcing he will start only accepting Rubles for Russia’s oil, it’s also backed by oil. That puts them in an insanely stable economic situation, no matter what the west does or says. I can’t say I agree with Russia invading Ukraine, but I also know the media out here in the west is pushing this news for a reason.
That is because the Ukraine is a a biomedical “safe haven” where deadly pathogens are developed as well as a money laundering country for deep state shills, like the Biden crime family for example, probably Klaus Schwab, Soros, Rockefellers, Rothschilds, etc. This country is actually run by Neo Nazis so that is the creeps that NATO is supporting, just ask HRC and Obama, they won’t admit to it!
LOL. Another insanely stupid post. They didn’t back the rubble (which is what it is) with gold. They said they’d buy gold at a fixed price. They’ve already retreated from that position after the massive currency controls they put in place on their own citizens and business community temporarily propped up the price of the rubble.
Russia itself projects oil production this year will fall by 17%. They lack the technical expertise to even extract a lot of their oil and gas without help from companies like Haliburton who have left the country. They also have no means to ship oil to the east without first sending it west. And all the big purchasing nations will be weaning themselves off of Russia oil for a host of reasons, not the least of which is it won’t be viewed as a stable source of supply (never mind the human rights debacles).
Their actions have assured that capital inflows to the country will not return quickly, which makes any big efforts at construction projects to reorient commodity flows incredibly challenging to launch and even more time consuming to complete.
Basically Putin and co. thought they’d be able to take over a country with minimal global reaction. It was a massive miscalculation which will make their country more destitute and speed up the evolution to Russia’s next leader.
There is simply not nearly enough gold in the world to back currencies so the whole exercise is BS. Gold will maintain its own value with any bank currency interference.
On one side, paper gold, on the other, real gold… which one has value when the shelves are empty and the salesman at the mall tells the customers he has nothing to sell for the next year, since all the orders are done online and all he does is delivering it.
Yabba Dubba Doo! Can’t wait for the Barney Ruble NFTs!
What a tragic place this post is… you can’t just yell out ‘my currency is backed by gold’ and then that magically becomes a reality. Pegging your currency to gold would mean that anyone at any point can exchange that currency against the proclaimed value in gold which is far from what’s happening. Russia is on the brink of bankruptcy and does not have gold reserves in the amount it would take to back all rubles against gold. And nobody – NOBODY – is paying Russia in gold for their oil or gas.
Please do your homework before you write this nonsense, and readers, stop believing everyone on the internet just because you like what they say.
Satan? Freemasons? Didn’t you forget the underpants gnomes? They are the worst.
What a tragic place this website is.
fake news
We’ll said Chris
One month later , The Ruble is up 20% and 50+% of Russian Natural Gas Customers are paying in Rubles(Europe,India etc etc). That one gram of Gold Russia pegged to the Ruble(5000RUB) was worth $52. Now, A month later it’s worth 5000RUB is worth $88
Just wait until they start demanding rubles for Crude, Wheat, Earth Elements…
Whats tragic is idiots like you…
My advice to all is , keep out of their dealings. Deal your own hand , make with your own hand, stand with both hands prepared.. belief in self is the union and belief in others who share in that same union. All parties that play on this stage are ALL one and the same. The great which hunt is for us and we all oblige them because we are caught in their web that they have spun….being the inter- net! Web. All to be caught because all have voluntarily exposed themselves.by their word But this time as it will always be, that the mass awakening would and could only come from their only obvious move ensnaring us in their trap. The final move is when all are exposed……the final push on the battle ground. Ie the move exposes all to the elements of the battle field……I win because I AM. And so too do the rest. Remember that you are your I AM…..prepare for battle of will.
The question for all is do you submit to their Will. Or stand by your Will. Because your Will is testimony to your power. Know that you are your power and your Will is not for sale….I WIN over because of my Will. It Will be……and it is done. Self belief in you.
This is the dumbest article ever. They didn’t peg the ruble to gold. They said they’d buy gold at a fixed price. That’s an enormous difference. And they have already retreated from this position. Their aim was to load up on gold as the currency collapsed bc they are going to need to pay for stuff in the broader world somehow – since no one is accepting rubles. And even then they have to find people willing to trade with them in gold, which is far from assured. They have completely fucked themselves. And even if they did peg the ruble to gold it would be meaningless. Russia has an economy smaller than that of the state of Texas. They have no easy means to extract much of their oil and gas without the help of companies like Haliburton – who have all left the country. They have no easy transport routes to ship east either. Never has a government overseeing so much potential squandered it in such a massive way.
The West and Europe had been expose by this Russian .They match their opponent.Dont make any mistake Russia is bless with minerals , agriculture and oil. Africa and the rest of the World look at prices what it says from you -Russia contains 50% they don’t need dollar to survive they can survive through bartering with other emerging countries and create their currency exchange , look at what their BRIC countries, watch out for Putin ,West has been expose their propaganda even look at their news to all channels ,it fake news !