Having turned the ruble into gold by taking advantage of the crisis around Ukraine and urging former “partners” to pay for Russian gas in rubles, Vladimir Putin has challenged the powerful Western economic agents accustomed to moving their capital across the globe, looking for profitable investments. This means that the President of Russia will be their first target.
Faced with unprecedented Western sanctions, Russia has entered a de facto gold standard. The Central Bank of Russia has set a fixed exchange rate of the ruble against gold, until June 30, at 5,000 rubles per gram. For this amount, the regulator buys gold from individuals and legal entities. Now the ruble’s exchange rate is not determined by international stock exchanges through supply and demand, but mainly by gold. The ruble is immediately becoming more “hard” as an international currency, and its exchange rate against the dollar and the euro is now in a small range related to the supply and demand of the currency.
Another seasonal event also caught the attention of the public. Russia has decided to sell its gas (and not only) in rubles. This forces the former “partners” to convert their money into rubles – the currency that is the richest in the world thanks to gold and countless natural and food resources. Thus, according to Russia’s economic strategy, an independent payment system is formed, based on Putin’s gold ruble, which will serve Russia and at the same time end the super-profits of Western world capital, with the aim of making Russia an independent and prosperous future.
Vladimir Putin has been preparing to implement this strategy for a long time – to create a ruble settlement system, independent and protected by the dollar and the speculation of Western financial institutions that believed that countries like Russia should keep their financial door open.
The Consequences of Vladimir Putin’s decision to link the ruble to gold and gas
In Russia, with the decisions of the President of Russia, an independent financial system in rubles is introduced, which is based on the real economy and resources of the country and is supported by gold reserves. This new reality will surely find imitators from other countries, if his venture is successful. In this case, other countries may be “tempted” to abandon dollars and euros in favor of something more stable, backed by real values - the ruble, or gold, gas or a very important local product. product that will be in global demand, for example.
Then the dollars and euros that have reached a giant number globally, which so far play the role of the world’s top reserve currencies, will begin to return home, stimulating hyperinflation and a rapid economic collapse, after which western countries will “deflate” and live poorer. That’s the main goal of Vladimir Putin’s Russia in creating hyperinflation and poverty in the West.
With this strategy, Vladimir Putin has hit and is hitting the global economic power of the West. This will have consequences from the West. The last person to try to back his country’s currency with gold was Libyan leader Muammar Gaddafi, whom Western countries, largely for this reason, overthrew and handed over to terrorists, and whose country plunged into chaos.
Politicians who question American global capital and had bad end
Politicians who question American global capital and the global capital of the West in general used to have a bad end. There are precedents for leaders in large, medium and small countries. Let’s get over them: the forewarned is forearmed.
- Joseph Stalin
Ιn the summer of 1944, for reasons of forced strategy, the USSR supported, but the following year did not ratify the Bretton Woods system, which meant the domination of the dollar and along with that of the United States in the world. In February 1950, Joseph Stalin did what Putin did a few days ago: he raised the ruble in a special way. Its exchange rate was calculated not on the basis of the US dollar, as was the case in the USSR in July 1937, but on the basis of gold, according to the gold content of the ruble, which had been determined. Thus the Stalinist ruble took on a gold content, bypassing the dollar, resulting in an independent payment system alternative to the West, a competitor of the US Federal Reserve (FRS) and the Bank of England.
The Council of Mutual Financial Assistance (CMEA), which united the European satellites of the USSR, which later also included Vietnam, Mongolia and Cuba, began working to create a common transnational currency with mandatory gold content calculations. In 1952 a conference of socialist and developing countries was held in Moscow, which was also attended by Austria, Iceland, Switzerland, Sweden and Finland. In it, this idea was discussed on a practical level in order to ensure the equal economic integration of developing countries, which can be joined by capitalist countries that are not interested in “dollarization”. Stalin proposed the creation of a common market with a new transnational currency based on the Soviet gold ruble.
In 1952-1953, five options were developed for switching to settlements between the socialist countries in a currency linked to gold instead of the dollar. The introduction of a new unit of account was planned from 1955 to 1960. Stalin preferred the closest date, but he had objections, citing various difficulties. He approved the deadline for the monetary transition in 1957, which coincides with the 40th anniversary of the October Revolution. The leader feared that significant transformations would be buried if something happened to him. Stalin, who was not ill with anything, died unexpectedly on March 5, 1953. As is now recognized almost openly, he was poisoned. The gold ruble was not the only reason for this, but it was definitely one of the main ones.
Nikita Khrushchev again pegged the ruble to the dollar, considering the idea of gold supporting the national currency irrelevant. For several years, Khrushchev and Sia squandered the colossal gold reserves that Stalin had amassed, eventually burying the gold Stalinist ruble along with the idea of a new alternative currency to the dollar, because the necessary amount of gold no longer existed. Under the “late” Mikhail Gorbachev, the USSR actually became part of the global American financial system.
- Mohamed Mosadek
The Iranian prime minister from 1951-1953 nationalized the Anglo-Saxon oil and gas sector. In response, the United States and Britain announced a boycott of Iranian oil and began plotting a coup in the country. The CIA allocated $ 1 million for this. After the overthrow of Mossadegh, he was convicted of “ultimate betrayal”, spent three years in prison and spent the rest of his life under house arrest.
- Gamal Abdel Nasser
The President of Egypt from 1958-1970, nationalized the Suez Canal in 1956 in order to use the proceeds from its operation to build the Aswan Dam with Soviet aid. He frustrated the United States with its European allies on many other issues. Most likely, it was poisoned and then, Egypt’s policy changed quickly.
- Charles de Gaulle
The president of France, Charles de Gaulle, considered the dollar yoke to be a colossal scam, allowing Americans to use cheap natural resources, industrial goods, real estate, masterpieces of art and other real values around the world to acquisition of which everyone else has to work hard.
After the successful test of the atomic bomb by France (by the way, Stalin also began to fight against the hegemony of the dollar only after he tried his own), de Gaulle demanded in 1965 an international exchange based on the gold standard, and not the dollar, thus declaring war on the latter.
Under the Bretton Woods agreement, de Gaulle formally proposed to US President Lyndon Johnson that he exchange $1.5 billion of French state reserves for gold at the official exchange rate of $35 an ounce. When the Americans did so reluctantly, their gold reserves “lost” by 1,650 tons. After France, other countries rushed to exchange their dollars for gold, fearing that they would not be enough.
Gold flowed from America and in 1968 the US was forced to restrict the exchange of dollars for gold. On August 15, 1971, US President Richard Nixon announced the complete abolition of the gold dollar. The Bretton Woods system died out and was replaced by the Jamaican monetary system – with “floating” interest rates.
The Americans and the British, who played a marginal role in the old system, had to make room, allowing several leading Western countries, along with Japan, to join the system. And the dollar, following an agreement with the Middle Eastern energy producers that obeyed Washington at the time, received support-linking the price of oil with the dollar instead of gold.
It is clear that the Americans did not forgive de Gaulle. In 1968 they organized one of the first color revolutions in Paris, the participants of which, in consultation with Anglo-Saxon agents in the French government, set fire to the city and set up roadblocks, writing on the walls of houses. with the caption: “It’s time to go, Charles.”
De Gaulle had to leave the country temporarily. Having enlisted the support of the army, he returned, suppressing the revolt of the bribed mob. However, as a result of these events, the fighting general was morally damaged, as he voluntarily resigned from his post much earlier than the end of his term. De Gaulle did not live long after that, he died in 1970 from an “aortic rupture”, according to the official medical report.
- Muammar Gaddafi
Libya’s enemies (mainly the Americans and the French) brutally confronted him at the hands of savage terrorists in 2011 for a variety of reasons. One of the main ones was the gold dinar. A letter released by the State Department to then-Secretary of State Hillary Clinton provides evidence that NATO’s desire to overthrow Gaddafi was due to two main reasons.
1. the desire to prevent the emergence of a pan-African gold coin, based on the Libyan dinar.
2. Libya’s vast oil reserves.
France – in addition – had additional motives for overthrowing Gaddafi. In short, according to Washington and Paris, it had accumulated very large reserves of gold and silver, which could form the basis for the new African currency. And it could be an alternative to the French franc in all French-speaking African countries. The Americans also saw it as a threat to the dollar. Finally, many wanted to seize the Libyan oil fields, the exploits of the Gaddafi family and his entourage in the western banks, which was done quickly. The Israelis wanted revenge on the colonel for supporting the Palestinians. He needed to be more friendly with Russia to survive.
- Saddam Hussein
Iraqi ruler Saddam Hussein, who also considered introducing a gold dinar and even issued commemorative gold coins in 1989 with his own image, was certainly hanged in 2006.
- Salvador Allende
The President of Chile from 1970-1973, nationalized the largest private companies and banks. During the nationalization of the copper smelting industry, tensions arose in relations with the United States. The Americans controlled 80 percent of Chile’s four-fifths of its foreign trade revenue. Washington responded by staging a boycott of Chilean copper, freezing Chilean bank accounts, banning banks and launching a well-paid campaign to destabilize the country. As a result of a bloody military coup, Allende died.
- Omar Torrijos
Panamanian leader Omar Torrijos has succeeded in nationalizing the Panama Canal, despite fierce US resistance. He died in 1981 in a CIA plane crash.
- Hugo Chavez
Hugo Chavez, Venezuela’s longtime president, has nationalized companies in key industries, including oil, which are dominated by US capital. He died in 2013 at the age of 58 from cancer. He was convinced that the Americans had poisoned him.
- Evo Morales
The President of Bolivia in 2006-2019, Evo Morales, miraculously survived after a military coup organized by the United States, the real trigger of which, in his opinion, was the government’s plans to develop lithium production. Thus, he challenged the American capital, which controls this market. The United States has been frightened by plans by Bolivia, the world champion in lithium reserves, to build 41 plants by 2025.
This means that the President of Russia Vladimir Putin must be guarded and protected more than ever. The fate of the Russian President and the Russia as the country today, seems to be one and the same, with the aforementioned politicians, unless he manages to change the course of history. The immediate future will prove it.
