When the Bank of Russia announced that it was pegging 1 gram of gold to the price of 5,000 rubles on 28 March until 30 June, it quickly had the gold price manipulators in London and New York on the ropes as the ruble quickly strengthened against the USD and nearly recouped all the severe losses thrust upon in by various NATO economic sanctions against Russia. However, more importantly, it had the London and New York gold price manipulators on the ropes in a manner in which the regulators have never done in the history of global banking and finance. In fact, the development that materialized as a consequence of the Bank of Russia's 5,000 ruble to 1Au gram was far more impactful and important to the future of this racket than even the September 2020 US DOJ (Department of Justice) fine of nearly a billion dollars ($920M) levied against JP Morgan for fraudulent precious metal price manipulation payable to the CFTC (Commodities Futures Trading Commission).