Russia Buys MASSIVE Amount of Gold! Is This For A Gold Backed Super Currency?
Russia has been purchasing massive quantities of gold, unlike other countries that are selling off everything they have.
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq
ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C
LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod
DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh
MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6
STEEMIT: https://steemit.com/@themoneygps
DTUBE:
T-SHIRTS: http://themoneygps.com/store
Sources Used in This Video:
https://goo.gl/UpprQe
King-World-News-Greyerz-China-Russia-Positioning-To-Collapse-US-Dollar-As-Global-Financial-Warfare-Heats-Up.jpg (2036×1268)
Russian-Additions-Subtractions-to-Gold-Reserves-1997-2017.png (598×360)
Gold-Reserves-by-Country-Top-Ten.png (585×363)
russian gold reserves.jpg (512×336)
Canada's gold reserve sell-off makes sense: experts | CTV News
https://www.ctvnews.ca/business/canada-s-gold-reserve-sell-off-makes-sense-experts-1.2804492
▶️ DTube
▶️ IPFS
Why do you think Russia (and China) have been purchasing mass quantities of gold?
As Ben "Helicopter Money" Bernanke stated.. Central banks hold gold as tradition...
Ron Paul Hits Ben Bernanke at Hearing, Says Fed Has Destroyed 'Value of Real Money'
First of all, I feel gold is undervalued (or cheap) due to price manipulation. So it's a value. Second, The petrodollar causes roadblocks for countries that don't want to deal with the US. If the USD is backed by nothing more than a trust that the US military will put a foot in your rear if you don't fall in line, and it's the only currency one can use to buy oil, a gold backed alternative to buy oil would sound very inciting. In conclusion, Russia and China are ready to offer an alternative to the petrodollar with a gold backed currency.
Yep @pendejo, that sounds like a plan. Hype up the war drums between US and NK, so that China can heroically step in to save us from extinction and the world opens their arms to the new World ruler. That is what Max Igan has been saying for some time now.
I'm inclined to agree with you on Russia, but I'm not sure about China. I think the fact that they're both buying up gold is merely a coincidence.
Don't get me wrong, I'm sure that they're working together on this plan, but I think China's gold is going into corruption as a way to circumvent (and sustain) their totalitarian state in numerous ways. Gold is a traditional bribe or 'bonus' in China, and it's only become more relevant.
May be they envisaged, an increase in the price latter in the future
I don't know. The value of Gold might stop going up.
I don't think the two nations are related. I can only guess at why Russia's buying gold, but for China's I'm pretty sure that they're only using it as a form of legitimised bribery that ensures the state can't delete your bank account.
Also the Chinese numbers for how much gold they've acquired are HILARIOUSLY LOW considering how long (lol pun) they've been doing this.