Jan 18, 2015

MUST-READ: fromRussia throws down the gauntlet: energy supply to Europe cut off; petrodollar abandoned as currency war escalates


Ron Paul goes on to explain:

Sanity will not return to US leaders until our financial system collapse -- an event for which they are feverishly working... Debt in all categories will continue to increase at unsustainable rates...

(NaturalNews) There are some big moves taking place on the global stage that you need to know about, as this could all lead to World War III.

Yesterday Russia cut off its natural gas supply to Europe, "plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated," reports the Daily Mail. [1]

"This morning, gas companies in Ukraine said that Russia had completely cut off their supply. Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of a struggle over energy that threatens Europe as winter sets in."

Alternative media warned about this weeks ago

This was all predicted in advance as a move toward World War III. The website All News Pipeline summarizes the predictions which were widely printed across the alternative media weeks ago.

Former U.S. Treasury Secretary Paul Craig Roberts had also warned in advance of a "Black Swan Event" such as Russia cutting off energy supplies to European nations as a prelude to war.

Europe depends heavily on natural gas supplies from Russia which are piped into the region via Ukraine. This is especially true in the winter when gas is needed for heat.

Russia pulls out of the petrodollar


In addition to cutting off natural gas supplies to Europe, Russia has also "just pulled itself out of the petrodollar," reports Zero Hedge. [2]

The story quotes Bloomberg.com stating that Russia "may unseal its $88 billion Reserve Fund and convert some of its foreign-currency holdings into ruble."

This is further explained by Mac Slavo at SHTFplan.com who explains, "What we are seeing are the strategic moves that will eventually catalyze the next great war. And make no mistake, this is exactly what's in store for the world should these escalations continue."

An escalation into war?


What's happening here is a radical escalation of the global currency war in which Russia and China are attempting to route the U.S. dollar and ultimately destroy the U.S. empire.

Part of this strategy involves dumping the petrodollar as a global reserve currency and reverting to alternative currencies backed by something more than just hot air. Further evidence of this strategy is found in the explanations on King World News which states that China is moving to back its Yuan currency with gold!

This explains why China has been buying up the world's physical gold supplies. The U.S., meanwhile, has empty gold vaults and a fiat paper currency backed by nothing but hot air, empty promises and endless debt. The whole world knows this, and nations like Russia are positioning themselves to take advantage of the massive currency collapse that's eventually coming to the dollar.

Just yesterday, the Swiss franc skyrocketed 30% in mere minutes as the central banks controlling the Euro neared announcing their own massive money printing scheme that would flood the global markets with Euros. As Associated Press wrote, "Bowing to the inevitable, Switzerland has ditched an increasingly expensive policy to limit the export-sapping rise of the Swiss franc -- a decision that propelled the currency a whopping 30 percent higher against the euro within minutes." [3]


Oil prices manipulated as an act of economic warfare


Learn more: http://www.naturalnews.com/048313_currency_war_Russia_petrodollar.html#ixzz3P9Ue1aKi