It is currently Tue Oct 17, 2017 8:04 am


Announcement: The Vigilant Forums have been reopened! Please see here for further information.

Russia Is Doing It – Russia Is Actually Abandoning The Dolla

General all purpose critical analysis and discussions on the world around us.
  • Author
  • Message
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostSat Feb 21, 2015 10:55 pm

Russia falls in US' oil trap, or US falls in "Putin's gold trap? Interesting article to read.

Grandmaster Putin’s Trap

Thu, Dec 25, 2014

Russia, United States
By Dmitry KALINICHENKO (Russia

Despite numerous success reports in the style of Fox News and CNN, today, Western economy, led by the United States is in Putin’s trap, the way out of which no one in the West can see or find. And the more the West is trying to escape from this trap, the more stuck it becomes.

http://orientalreview.org/2014/12/25/gr ... tins-trap/
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostThu Mar 05, 2015 1:27 am

Russia still adding to gold reserves big time

With an addition of 18.7 tonnes in October, Russia continues to build up its gold reserves.

Author: Lawrence Williams
Posted: Friday , 21 Nov 2014

LONDON (Mineweb) -

The latest announcement from the Russian Central Bank shows that the nation is still accumulating gold at a high level. Total gold reserves according to figures compiled by Nick Laird of www.sharelynx.com have now reached 1,169 tonnes having been expanded by a further 600,000 ounces (18.7 tonnes) in October.

http://www.mineweb.com/mineweb/content/ ... &sn=Detail
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostSun Mar 15, 2015 11:45 pm

Currency Wars – Russia and Netherlands Central Banks Buy 30.34 Tonnes Gold In December

By GoldCore Research / January 27, 2015

Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify.

The Netherlands, which has the ninth-biggest gold reserves, raised its bullion holdings for the first time in 16 years. It added 9.61 tonnes to bring total gold reserves to 622.08 tonnes.

Russia raised its gold reserves for a ninth straight month in December as the country continued its multi month gold buying spree, adding to the fifth-biggest gold holdings in the world, data from the IMF showed yesterday.

Russia continues to dollar cost average into gold and increased its bullion holdings by another hefty 20.73 tonnes to 1,208.23 tonnes in December.

http://www.brotherjohnf.com/archives/368066
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostThu Mar 26, 2015 11:06 pm

Russia unloads 20% of its total U.S. holdings in one month

February 21, 2015


By Mac Slavo
According to a report from Zero Hedge the Russians have already started unloading their dollar reserves. In the month of December alone they sold a record $22 billion in U.S. Treasurys. While this may not seem like a big number, it is over 20% of their total US dollar holdings.

https://www.intellihub.com/russia-unloa ... one-month/
Offline
User avatar

gcha8e

Registered User

2 stars

  • Posts: 516
  • Joined: 06 March 2013
  • Thanks Received: 78

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostMon Mar 30, 2015 3:02 pm

katsung47 wrote:Russia Is Doing It – Russia Is Actually Abandoning The Dollar

By Michael Snyder, on June 10th, 2014

The Russians are actually making a move against the petrodollar. It appears that they are quite serious about their de-dollarization strategy. The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros. And Gazprom would have never done this without the full approval of the Russian government, because the Russian government holds a majority stake in Gazprom. There hasn't been a word about this from the big mainstream news networks in the United States, but this is huge. When you are talking about Gazprom, you are talking about a company that is absolutely massive. It is one of the largest companies in the entire world and it makes up 8 percent of Russian GDP all by itself. It holds 18 percent of the natural gas reserves of the entire planet, and it is also a very large oil producer. So for Gazprom to make a move like this is extremely significant.

http://theeconomiccollapseblog.com/arch ... the-dollar

Although the "threat" to the traditional petrodollar seems quite real, the petrodollar is now so diversified and embedded into ALL MONEY WOLRDWIDE... that extrication is now impossible.

Secondly, the EURO and the DOLLAR being "competitors" is patently false, they are team mates! When one is unstable, the other becomes a safe haven investment.... it's brilliant.

In addition to this, the new infrastructure in the world going "high tech" has created a boom for alternative energy, which softens the threat to the petrodollar in a round about way, since the companies that thrive on the petrodollar (cheap MID EAST oil) also are now thriving on alternative energy. They are ahead of this game.

The banks are invested in ALL the startup companies, and ALL the equity funds, and ALL the capital venture funds.....

There is only one thing that is unstable, and that is the population...... Keeping them asleep is the key.

WIth then invention of the mobile internet now global, the wireless iPhones, and Galaxy phones.... etc etc... can pacify the population in much faster time that the 24 hr news cycle used to.

Now the cycle lasts only a few hours, and the twitter-verse moves on to the next...... or hell, just play phone games, no need for any imformation at all.

Think of all the little Russian kids that will be on their phones right now..

LOL!
I always thought that the measure of a man was learning how to take responsibility for himself and his actions. When did the act of fellatio become the decider?
- - TheFallenAlchemist

The world has lost the power to blush over its vice; the Church has lost her power to weep over it.
- - Leonard Ravenhill
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostTue Apr 07, 2015 12:09 am

Who's Isolated Now? Kazakhstan Authorities Announce Plans To De-Dollarize Economy
Submitted by Tyler Durden on 03/04/2015

Following the approval of the government, Kazakhstan's Central Bank has announced it plans to de-dollarize its economy by the end of 2016. The goal is to avoid the macroeconomic instability that the USD creates and to give priority to Tenge in trade agreements (banning price designations in foreign exchange). Coming just 2 weeks after the ratification of the $100 billion BRICS bank, and Russia's creation of a SWIFT-alternative, one wonders - as one by one foreign nations agree non-dollar trade and swap agreements - who is becoming 'isolated' now?

http://www.zerohedge.com/news/2015-03-0 ... ze-economy
Offline

katsung47

Registered User

1.5 stars

  • Posts: 219
  • Joined: 12 December 2013
  • Thanks Received: 19

Re: Russia Is Doing It – Russia Is Actually Abandoning The D

PostSat Apr 18, 2015 12:07 am

BRICS Bank to Take Major Step Forward with Russia Backing

4 February 2015

The new development bank took one step closer to becoming a reality with legislation submitted to the Russian Parliament.
http://www.telesurtv.net/english/news/B ... -0016.html
Previous

Return to General

Who is online

Users browsing this forum: No registered users and 1 guest

cron