
As Sanctions Bite, Average Russians Turn To Gold
• https://www.zerohedge.com, Via SchiffGold.comAs the ruble collapsed under the strain of economic sanctions after Russia invaded Ukraine, the Russian people turned to gold to protect their wealth.
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As the ruble collapsed under the strain of economic sanctions after Russia invaded Ukraine, the Russian people turned to gold to protect their wealth.
The Good News Out of the Ukraine
I don't think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold.
Much of the confusion regarding the gold price has to do with gold's dual nature, being both a currency and a commodity.
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While we're all over-focused on "Ukraine," our overlords are moving quietly, and swiftly, to take ALL cash away, in favor of a global social credit system. We can't let them get away with it.
The financial system is clearly careening towards a point of dissolution.
The US dollar is the world's reserve currency due in large part to the US petrodollar in which oil producers would sell their product to the US (and the rest of the world) for dollars...
Oil registered heavy losses Tuesday, building on Monday's decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal Reserve's e
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Esta es la respuesta a las sanciones de países occidentales.
Is it Washington or the Kremlin which is the most confused about sanctions and their impact?
If they say 'you will own nothing', it's because they know there will be nothing to own.
Did you think that the Russians were just going to sit back and take whatever economic sanctions that western powers decided to dish out? Of course the Russians were going to strike back, and they definitely have the ability to cause quite a bit of
A GLOBAL MONETARY & COMMODITY INFERNO OF NUCLEAR PROPORTIONS
Crony Capitalism - globalism - one world currency...
Despite know-nothing, buy-anything market expectations that peace talks would prompt a rapid end to this war --because markets-- we are no nearer that happening.
(Update 10:05 am) - A Friday Executive Order from President Biden bans the exportation, sale, or supply of US dollar denominated banknotes to Russia to either "the Government of the Russian Federation" or "any person located in the Russian Federation
The government of the United States has intervened militarily in other countries for decades, against the council of founders like George Washington who advised America should "observe good faith and justice towards all nations; cultivate peace and
Record-high global food costs could surge another 22% as Russia's assault on Ukraine stifles trade and slashes future harvests, the United Nations warned.
Washington's sanctions on Moscow will destroy Europe, not Russia
We can see how much worse the sanctions are punishing US and Europe than they are punishing Russia by examining this article: