Not really, they've been dumping USD and US Bonds for fucking years. They've effectively ended thier reliance on the US Bond.
They are also stacking up giant piles of gold bullion instead. They have 2,300tons of Gold bullion.
Lybia had over 145 tons of gold before about 40 tons of that went mysteriously missing after the Civil War. One of the reasons they had so much gold is because they planned to implement a gold standard... until the West invaded. They claim to still have 111 tons, but I'm not sure it's being accounted for properly. And even if it is, it's amazing that a country with all that gold still chose to take huge loans from the world's central banks.
No but really.
This strategy by Russia isn't offensive... it's defensive. They know the world's central banks want their fucking gold reserves, and they are not prepared to tolerate anyone who might not invest in the debt-based monetary system that is literally dying in front of our eyes, and is about to be replaced with a digital currency.
The US dollar isn't struggling, it's a currency bomb. Get rid of it while you can.
Moe like Russia trying to sabotage currency.
Massive relentless money printing could also count as politics sabotaging currency.
Not really, they've been dumping USD and US Bonds for fucking years. They've effectively ended thier reliance on the US Bond.
They are also stacking up giant piles of gold bullion instead. They have 2,300 tons of Gold bullion.
Lybia had over 145 tons of gold before about 40 tons of that went mysteriously missing after the Civil War. One of the reasons they had so much gold is because they planned to implement a gold standard... until the West invaded. They claim to still have 111 tons, but I'm not sure it's being accounted for properly. And even if it is, it's amazing that a country with all that gold still chose to take huge loans from the world's central banks.
No but really.
This strategy by Russia isn't offensive... it's defensive. They know the world's central banks want their fucking gold reserves, and they are not prepared to tolerate anyone who might not invest in the debt-based monetary system that is literally dying in front of our eyes, and is about to be replaced with a digital currency.
The US dollar isn't struggling, it's a currency bomb. Get rid of it while you can.
Seems that way right?