Grandmaster Putin’s Trap
After realizing its failure in Ukraine, the West, led by the US set out to destroy Russian economy by lowering oil prices, and accordingly gas prices as the main budget sources of export revenue in Russia and the main sources of replenishment of Russian gold reserves. It should be noted that the main failure of the West in Ukraine is not military or political. But in the actual refusal of Putin to fund the Western project of Ukraine at the expense of the budget of Russian Federation. What makes this Western project not viable in the near and inevitable future.
Read the whole article here: Grandmaster Putins trap (https://orientalreview.org/2014/12/25/grandmaster-putins-trap/)
tiphat
What we did to lower oil prices. Lets see ... we found out we had some more oil and the Saudis got anger and tried to destroy us by lowering the price to where it would break our oil industry. Now that means we are controlling the price of oil. The lower oil prices was suppose to break us not Russia. Just ask Andrew because posted here how Russia wan not hurt by the lower prices but it we believe our banks would fail if oil prices got low. This is so like you to blame the USA for everything in the world that goes wrong. Oh Don't bother with any real facts.
Just before USA organised the coup in Ukraine in 2014 to impose regime change and install it's own quislings the US was a net oil importer, mostly from Saudi Arabia but also from many other countries too.
If I remember well the US offered its military protection to Saudi Arabia against anybody in exchange for the majority of the petrodollars to be invested in N.Y Banks, who will use it to invest around the globe, helping that way the value of the Dollar. Saudi was also asked to increase oil production and they did.
At the same time with the help of "Junk Bonds" financed many oil companies to extract Shale oil from N Dakota and other areas and slowed down its oil imports. I remember it stopped importing 1 Million Barrels "a day" from Nigeria or a neighbour country, thus created a glud in the oil Market, so naturally oil prices start going down.
Naturally when the Oil prices went below $30 a Barrel, The Ruble lost 50% of its value.........and Moby was celebrating.......that Russia and his friend Putin, (ask him to post a photo together in Sochi) were paying the price for accepting Crimea in the Russian Federation. :chuckle: Russia of course continued selling Gas and Oil and was buying Gold.
*Many people like Moby talk about Crimea still today! :laugh: :laugh: :laugh:
The Bretton Woods system disappeared in the 1970s. Gold stopped being a monetary metal to become a normal currency commodity.
Meanwhile in 2014-15, big changes took place in London. The London Gold Fix Closed. For many years LGF was perceived to be an ideal instrument for fixing the gold price on the world market, especially for individual contracts and derivatives (paper gold). The rates were used for evaluating gold reserves, for example bank deposits denominated in gold etc.
At the end of WWI the Rothschilds wasted no time and in 1919 they created LGF to control the world gold market through the London Gold Fixing.
The elimination of LGF was part of a big game played by the "money bosses" – the Rothschilds and Rockefellers. They both are the leading shareholders of the US Federal Reserve System.
Declining oil prices and a depreciation of the national currency, Ruble, have not led to a slowdown in the Bank of Russia’s gold purchases on the domestic market for rubles.
Despite threats and sanctions, Russia has continued to add to its gold reserves.
The Bank of Russia bought a record 171 tons of gold in 2014 and another 120 tons in the first ten months of 2015. Consequently, by the 1 November 2015 the Bank of Russia had accumulated a total of 1,200 tons of gold in its reserves, which was officially the fifth largest in the world.
Today the Bank of Russia has almost 2000 tones of gold. China has not provided updated data on its gold reserves since 2009, when it officially possessed 1054 tons. I read in an article that some estimate the Chinese reserves may have tripled since then.
In the year 2014 Russia emerged as the world’s second biggest gold producer, surpassed only by China. China and Russia’s global leadership in gold mining enables them to create their own currency and trading systems, built on a solid foundation of gold, which will be used by the BRICS countries as a universal unit of account and as a fixed measure of cost.
From the article I posted previously:
Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future.
No matter how strange it may seem, but right now, Putin is selling Russian oil and gas only for physical gold.
Putin is not shouting about it all over the world. And of course, he still accepts US dollars as an intermediate means of payment. But he immediately exchanges all these dollars obtained from the sale of oil and gas for physical gold!
To understand this, it is enough to look at the dynamics of growth of gold reserves of Russia and to compare this data with foreign exchange earnings of the Russia coming from the sale of oil and gas over the same period.
Why do you think Germany's president, "Merkel" is friendly with Russia and Putin?
She doesn't want problems with its Gas Energy supplies and the USA cannot provide Germany or any other European country with enough supplies at the same cost as Russia does.
Germany is the strongest and leading economy in Europe and the USA sanctions against Russia and Iran, affecting German companies operations and I wonder how long they are going to tolerate these measures affecting it's economy. Already Merkel stuck 2 fingers up Trumps nostrils and it's supporting the North Stream 2...... IT IS THAT SIMPLE!
Let me remind you of some truths Putin said to Merkel in an interview,
which definitely applies to the USA. Enjoy merkel's Face: :ROFL: :ROFL: :ROFL:
https://www.youtube.com/watch?v=3QxZO1bjloY
There is no such thing as "Luck"....We create the right conditions to be lucky!
If you don't play lotto.. how to you expect to be lucky and win?
PS: Before any jumping jack starts trolling REM: (http://www.yannis.ip3.uk/PHOTOS/E/Emotikons_RUA/attack.png)