Russia's De-Dollarization Continues as they Dump $22 Billion in Treasuries in December

[DamianTV]

The Rape of Russia

 

[Zippyjuan]

Sure they can if the worlds number one and three gold mining countries who may now hold more above ground gold combined than all other countries decide to do it they can

They could if they decided to cut back on the amount of gold they produced and sold. But Russia doesn't export much of the gold they produce. In terms of exports, China is not in the Top Ten and Russia barely makes it at #10. Gold has to be sold on the market to effect the global price of gold.

 

[AFTFNJ]

The Rape of Russia

Good info but isn't Russian central bank still following directives set by IBS which is run by roth n gang.

 

[DamianTV]

Good info but isn't Russian central bank still following directives set by IBS which is run by roth n gang.

Almost every country, pretty much except for Iran, has a Central Bank controlled by that same group of people. Iran does have a Central Bank as far as I know, but it does not answer to the collective authority of those that run the rest of the Central Banks. I think Putin is trying to out his Central Bank. Very dangerous for him, but he is no fool either. Not sure of Russia's Central Bank and who they answer to tho.

Follow the Money, not the Currency.

 

[KingNothing]

The Russian economy is garbage. Whatever they're doing, it will backfire. Why would you have any faith in the actions they take? How many ruble collapses do you need to witness before you say "gee, maybe they're just repeatedly reacted to events they hadn't expected."

 

[AFTFNJ]

Almost every country, pretty much except for Iran, has a Central Bank controlled by that same group of people. Iran does have a Central Bank as far as I know, but it does not answer to the collective authority of those that run the rest of the Central Banks. I think Putin is trying to out his Central Bank. Very dangerous for him, but he is no fool either. Not sure of Russia's Central Bank and who they answer to tho.

Follow the Money, not the Currency.

At same token Russian leading BRICs which is after all a Goldman sacs created term leads me to believe that this is the "solution" being created for us once the dollar is done by the same gang of lunatic families.

 

[devil21]

At same token Russian leading BRICs which is after all a Goldman sacs created term leads me to believe that this is the "solution" being created for us once the dollar is done by the same gang of lunatic families.

You are smart.

 

[Jordan]

Dudes, come on, Zippy is right.

Read you some about the baht. Learn how currency crises affect currency reserves. Get'cho econ up.

 

[NorthCarolinaLiberty]

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