For those tracking precious metals, keep a close eye on the Russian Ruble rate in $USD over the next few days/weeks. Keep in mind that Putin has pegged the ruble exchange rate at 5000 rubles per gram of gold for the next couple of months.
There are 31.1034768 grams in one troy ounce. As such, the exchange rate for a one troy ounce of gold garnering you 155,517 Rubles.
After peaking at 145 Rubles to $1 dollar (145:1) a few weeks ago at the start of the conflict, it's now approaching where its stable range was prior at about around 72-77:1 range. The ratio went as low as 74:1 last night, creating a brief arbitrage opportunity for savvy traders to sell gold in rubles amounting to $2101 USD/oz versus the present CRIMEX spot price in the neighborhood of $1950/oz.
Today the ruble:$USD ratio has been fluctuating wildly in the 77-83 range. With Putin's most recent threat to cut off the gas to Europe tomorrow, I would imagine we can expect some more wild fluctuations as the international banksters fight to keep the ratio around 80:1, while sovereign western European nations scramble to get their hands on more Rubles.
Here's where banksters need to hold the ruble at to maintain the illusory CRIMEX spot price, somewhere in the 79-80:1 range.
155,517/83 = $1873.70
155,517/80 = $1943.97
155,517/79 = $1968.57
155,517/74 = $2101.58
Assuming the spot price of gold maintains the $1950 range, any slippage in the ratio below 79:1 will cause another arbitrage opportunity for international traders selling gold into Russia for rubles, than trading their highly in-demand rubles for Euros or $USD. Last night there was nearly a $150/oz profit margin at 74:1.
For those interested, most of the online currency converters are static, not reflecting the wildly fluctuating rates right now. Here's a good currency conversion tracker that provides up-to-the-minute values if you click the "1M" chart view -> https://tradingeconomics.com/russia/currency
If the CRIMEX, CME, LBMA, etc. continue their shenanigans with MASSIVE SUPPRESSION of the precious metals prices in order to maintain the fiat $USD value deception, then gold is going to start flowing to Russia in never before seen amounts. And if they don't, then the spot gold price is going to start rising like never before. This could get interesting!
Could this be how "Gold destroys the Fed"? Inquiring minds wanna know.
If the Fed does break, which I think we all want, then we must also prepare to survive the fall out from that as well.
Amen. All their wars and hurt and pain and heartache. All that evil??? To watch it all burn down to never come back? With them powerless? Are you kidding me????? To witness justice for the billions who couldn't? Lord LET ME EYES BEAR WITNESS FOR YOU TO SHARE TO ALL THE SOULS IN HEAVEN. ALL THE SOULS LORD. I WANT TO BE THEIR INFITNIYK RESOLUTION CAMERA, LORD, TO THE GREAT JUSTICE EVENT. II WANT THEM TO SEE IT TO KNOW IT. I WILL REQUIRE NO NOURISHMENT. OTHER THAN KNOWING I AM DELIVERING SWEET SWEET JUSTICE TO THOSE RIGHTEOUS WHO WERE SO VICIOUSLY ABUSED SO MIGHTILY. I ASK YOU THESE THINGS IN CHRIST'S NAME.
To put it another way, actually I think my high would be so high that at least for three months I wouldn't know what planet I was on. Could you imagine? Jesus' big old smile now shining down like the warm sun. Healing us. Healthy running laughing vibrant. Alive. Truly alive.
I LOVE YOU JESUS I SEE YOU SOON!
I have both the green and the red variety, we shall eat Dandelions, together. Strong.
If you want to be free, we have to endure this. I'd give my life to see them ended so my money of little value. Especially when it enslaves me to their system
With you Sir.