Russia returns to Gold standard
COMEDY GOLD
https://gettr.com/post/pxya2e29ae
The government will abolish the VAT (tax) on bullion. This Bill will go to the State Duma on March 4. Going forward - when purchasing gold bars or other precious metals from a bank, the 20% current tax on top of its value will not apply.
This is a way to ensure people can invest securely in something other than the dollar (usually people hold their cash in dollars as the ruble is volatile.)
- Counter sanctions commission. t.me/Whiplash347/94331
UPDATE: Links added
https://mobile.twitter.com/KingKong9888/status/1499010224744644609
Also means Russia can start waging economic warfare on the US dollar, since they are no longer using it.
And I hope they give it to US good because we need to be freed from the evil of the USD.
Gold shall destroy the FED, as we all know.
Follow the yellow brick road.
I wish Q hadn't said (in one of his AMAs, IIRC) that the Fed would merely be restructured rather than abolished.
I also wish Trump hadn't said we can't go back on the gold standard because there's already too many trillions of dollars in circulation
Although, we now know that anytime a patriot says something we find distressing we can attribute it to "disinfo is necessary" and immediately things seem OK... :)
Last I heard Trump talk on this issue, he said gold was key.
It’s a complicated problem. There’s not enough gold to back the dollars in circulation. You’d have to issue a new currency, which could have a devastating effect on most countries …
I heard a program about two years ago that said trump and the white hats had accumulated $35 quadrillion in gold and have a new gold backed currency and economy ready to go when this one collapses. Sure hope that’s legit.
I assume you mean this:
q#1194
I don't see this as "merely restructured". To me this could very well mean the entire structure of the economic system will be changed.
The Fed is just one of almost 200 Central Banks, all run by the Bank of International Settlements (owned by the PTB). That world wide structure needs to be completely eliminated. There is no reason to keep a Federal Reserve bank. They perform zero valid functions. Literally everything they do is fraud. The entire system (AKA structure) must be eliminated from the face of the Earth.
The circulation thing is a fallacy.
Trillions in circulation simply means that the gold will be worth astronomical amounts until the money supply is shrunk or replaced with a new coinage. I.e. crypto.
I wouldn't want to crypto fed notes
...actually it will b silver that will destroy the banking cartels ' RoadtoRoota '
Hopefully you are invested in metals And not crypto.
I hold both but much more in metals.
I can't believe I agree with you. But I do.
All sides will lose that fight, they go with us in that fight.
China has been working on gold for the last 5 years, their crypto will gold backed unlike all other crypto.
one tiny problem with china and its gold....they seem to have been scammed for tons of tungston coated gold bars...maybe not so tiny of a problem...
ok I had not heard that about china receibing the fake gold. Only that they manufactured and sold to other people I sure would love to read the articles if you have them.
(btw I'm sure you mean gold coated Tungsten) but LOL! That's a riot! I never heard of it but makes sense they would have fallen for that scam. I looked online & now a days there's a way to distinguish them with ultrasound
Can start demanding payment for oil and gas in gold ( or rubles).
They will still need to sell their dollars for more gold.
or their oil/NG