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.
How long will the West be able to buy oil and gas from Russia in exchange for physical gold?
And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?
This is called “Checkmate”, ladies and gentlemen. The game is over.
No matter how strange it may seem, but right now, Putin is selling Russian oil and gas ONLY for physical gold.
How long will the West be able to buy oil and gas from Russia in exchange for physical gold?
And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?
This is called “Checkmate”, ladies and gentlemen. The game is over.
This article was originally published at InvestCafe.ru in Russian. The translation in English was first published at Gold-Eagle.com.
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 RF coming from the sale of
oil and gas over the same period.
Moreover, in the third quarter the purchases
by Russia of physical gold are at an all-time high, record levels. In
the third quarter of this year, Russia had purchased an incredible
amount of gold in the amount of 55 tons. It’s more than all the central banks of all countries of the world combined (according to official data)!
In total, the central banks of all countries
of the world have purchased 93 tons of the precious metal in the third
quarter of 2014. It was the 15th consecutive quarter of net purchases of
gold by Central banks. Of the 93 tonnes of gold purchases by central
banks around the world during this period, the staggering volume of
purchases – of 55 tons – belongs to Russia.
Not so long ago, British scientists have
successfully come to the same conclusion, as was published in the
Conclusion of the U.S. Geological survey a few years ago. Namely: Europe
will not be able to survive without energy supply from Russia.
Translated from English to any other language in the world it means: “The world will not be able to survive if oil and gas from Russia is subtracted from the global balance of energy supply”.
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