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.
We want to break the Fed, but I don't think we want the Ruble, or Putin to gain ascendancy. He won't lead the world in freedom. Only the American people, along with freedom loving people everywhere, can do that. Don't sit around and hope Putin will do our dirty work for us. I remind you, they invented the system that is now trying to overtake us, and while they discontinued it themselves, it was because they realized from experience that communism simply doesn't work, and not because officials who worked under that system suddenly had a change of heart and wanted to spend the rest of their lives doing good.
I also want to see some consistency. If we are going to condemn our invasions of Iraq, and Afghanistan where we did actually overthrow evil dictatorships that were cruel to their people (yes I know we should not have been there for decades policing them, different issue), then I don't want to see celebration over Russia invading several of its neighbors over the same span. That is no better than use invading nations that did seek to harm us. It is clear that the Ukrainian people do not want their country carved up nor ruled by Russians.
Finally, yes I know our true battle is the people versus the Globalists, and Putin has been battling the globalists, while they have infiltrated our own government. We need to ally with Putin in that fight and respect his concerns regarding what has been happening in Ukraine, but don't root for or celebrate his ascendancy over the US. Prevent that. I know a lot of you seem to think we're being held captive by the dollar and its destruction will free you, but it is not so. You don't realize the benefits we get from the dollar being the world's reserve currency. We don't want that to end. Yes, let's end the Fed and get the globalists out or our country, but let's do it with strategic smart bomb strikes and not just drop a nuke on it so we don't also wipe out everything else around. Oh yea, and no matter what, you all are still going to have to make your mortgage payments.