Gold standard, maybe each country will be able to trade in its own currency if it's pegged to Gold. Gold is the currency, paper is the exchange medium. My thoughts, not a financial expert, lol.
I am wondering what it will do to the value of the Ruble vs dollar.
Im no expert either but if we open up and start exporting and basically cripple Russias current precieved monopoly, that would hit the Ruble pretty hard.
Now we hear the FED “gave away” $28,000,000,000,000 for the coronavirus market crash in spring 2020, while we were fighting over toilet paper and stimulus checks.
They ate the apple and threw us the core to fight over.
We don't want to do that, we are fighting the evil that divides us together. The Dollar is collapsing, as we all know it would and should. The Ruble is gaining on the dollar since it is pegged to Gold, not oil.
This is exactly why the pipeline had to be shut down under a Biden residency. All part of the plan. Trump will come back and turn on the pipeline when normies are literally begging to suck the oil from his big phat pump.
I fear it’s more than that. Shell is shutting down more than half of its refineries in LA and TX. Because of the eco friendly laws now in place. They even changed their name and trading symbol and have moved headquarters.
As I understand it, it would take years to be physically able to replace a good chunk of Russian oil with US oil. And, does the US/Canada have enough to replace all the Russian oil and supply their own needs? I think we'll be living in a much different world before that can happen. It's also very telling that Saudi Arabia is not playing ball with the US anymore. That's the beginning of the end of the Petrodollar.
The US has more than enough natural resources to sustain ourselves and export. There are other variables. During the pandemic people had to find other means of work and there is a shortage of workers. Many refineries closed due to the new green laws in place.
I've heard that fracking is very expensive and the wells have a much shorter life span than traditional wells. The environmental issues also can't be ignored. If you follow Dutchsinse (the earthquake guy), he's always showing how many earthquakes happen where fracking takes place. I'm hoping we'll implement Tesla technology once this is over and we won't have to worry about it.
I’m not sure people understand what it takes to build energy efficient vehicles. Oil and gas. It’s a great thought but not realistic when you know what it entails. We have a ton of natural resources offshore. Louisiana would be the richest nation in the world if it ever succeeded. We chose to import to hold onto ours.
The logistics of getting all that oil across the atlantic is beyond description.
There is no undersea pipe line to europe then a vast shipping fleet will have to be assembled, maybe even bigger than the D-Day fleet that liberated Europe in 1944, and this exersize might have happen every day.
Interesting article on Zero Hedge that explains not much has really changed since the EU still can pay in Euros and then Russia will convert those Euros to rubles. It does protect Russia from having foreign accounts frozen and getting nothing for their oil.
This was the only and inevitable move Putin could have made. If you sell stuff to a person, and then they have the ability to thieve back whatever they paid you immediately (aka a currency seizure via the sanction tools) while still keeping the stuff you sold them, then you have had all your stuff stolen. That's no deal - who donates energy as a charitable act to nations that hate you?
So this notion that 'refusal to pay in rubles' was ever going to happen was as laughable as expecting all the western economies in the eurobloc to shut down that are dependent on russian energy.
France and Germany can now pretend to have maintained this 'tough stance' while all the while bowing to Putins demand. A problem entirely of their own making that they paid the price for, like fools.
Also, A World, Nuclear Superpower has just opened up shop with a gold-backed currency in direct conflict to the Federal Reserve Note, which, as many know, is a private IOU, an unbacked promise.
Hard to see but this his how the world war is won. Each nation breaking free of the deep state bank. Russia wants to compete but not in wars. Same with China minus their deep state ccp. We could have a fairly civil world. IF the leadership isn't the deep state communist. The wars are pointless amd wasteful.
This is the exact same thing that Richard Nixon and Henry Kissinger did to the Saudis in 1973; tell them they had to sell their oil for dollars. Makes me wonder what the dollar would have been worth if it wasn't used by all the countries in the world to buy oil.
It better only be momentarily. Otherwise, this entire country will burn. The food riots alone will cost countless lives and billions of dollars in damage.
There are millions upon millions who haven't the foggiest clue as to what's going on. They don't even know who the president is. They live paycheck to paycheck and will have zero problems getting ultra violent when they start going hungry.
What happens if the US opens the pipeline and becomes a prime exporter of oil to the EU based on the dollar? What happens to the dollar and what happens to the Ruble?
The Ruble will continue its revaluation. As Europe sends gold and Rubles into Russia, Russia may destroy a portion of these Rubles to decrease money supply which increases Ruble value while the accumulation of gold in their reserves will also intrinsically increase Ruble value. It's brilliant.
The dollar will hyperinflate into oblivion. The US could export oil based on the dollar, but nations around the world have already horded the dollar for decades as their reserve currency. They won't need so much of it anymore, and will exchange it for gold, Rubles, Saudi Riyals, Iraqi Dinar (when it hits FOREX again), or Kuwaiti Dinar. Those are the nations that Eurasia will rely on for oil, and they'll sell oil in their own currencies, not the petrodollar. This will dump an unexpected supply of dollars on the FOREX market, and will catalyze the already inflating dollar until Americans don't want to pay $70 for a loaf of bread.
The solution for the US is to remonetize, meaning switch to a new currency. We will cast off the Fed's debt-slave notes with its masonic eye and replace it with whatever we want. It could be a mix of gold, silver, bitcoin, or even foreign currencies as a temporary solution.
throwing out a hupothetical here.
What happens if the US opens the pipeline and becomes a prime exporter of oil to the EU based on the dollar?
What happens to the dollar and what happens to the Ruble?
Gold standard, maybe each country will be able to trade in its own currency if it's pegged to Gold. Gold is the currency, paper is the exchange medium. My thoughts, not a financial expert, lol.
I am wondering what it will do to the value of the Ruble vs dollar.
Im no expert either but if we open up and start exporting and basically cripple Russias current precieved monopoly, that would hit the Ruble pretty hard.
The international Dollar is a Federal Reserve Note,
which is heading to negative
and will bankrupt the corporation and USA Inc.
100% this is how the Game… stops.
Now we hear the FED “gave away” $28,000,000,000,000 for the coronavirus market crash in spring 2020, while we were fighting over toilet paper and stimulus checks.
They ate the apple and threw us the core to fight over.
We don't want to do that, we are fighting the evil that divides us together. The Dollar is collapsing, as we all know it would and should. The Ruble is gaining on the dollar since it is pegged to Gold, not oil.
Either way its gonna be gold
This is exactly why the pipeline had to be shut down under a Biden residency. All part of the plan. Trump will come back and turn on the pipeline when normies are literally begging to suck the oil from his big phat pump.
the pipeline does not connect to Europse and it will take a long time to ship over the pond.
Currently the issue is gas (not petroleum, but natural gas)
I fear it’s more than that. Shell is shutting down more than half of its refineries in LA and TX. Because of the eco friendly laws now in place. They even changed their name and trading symbol and have moved headquarters.
https://www.offshore-energy.biz/shell-ditches-royal-dutch-from-its-name/
As I understand it, it would take years to be physically able to replace a good chunk of Russian oil with US oil. And, does the US/Canada have enough to replace all the Russian oil and supply their own needs? I think we'll be living in a much different world before that can happen. It's also very telling that Saudi Arabia is not playing ball with the US anymore. That's the beginning of the end of the Petrodollar.
The US has more than enough natural resources to sustain ourselves and export. There are other variables. During the pandemic people had to find other means of work and there is a shortage of workers. Many refineries closed due to the new green laws in place.
I've heard that fracking is very expensive and the wells have a much shorter life span than traditional wells. The environmental issues also can't be ignored. If you follow Dutchsinse (the earthquake guy), he's always showing how many earthquakes happen where fracking takes place. I'm hoping we'll implement Tesla technology once this is over and we won't have to worry about it.
Did someone say zero point energy, discovered by Nikola Tesla....? No? Just me? I'll see myself out
I’m not sure people understand what it takes to build energy efficient vehicles. Oil and gas. It’s a great thought but not realistic when you know what it entails. We have a ton of natural resources offshore. Louisiana would be the richest nation in the world if it ever succeeded. We chose to import to hold onto ours.
The logistics of getting all that oil across the atlantic is beyond description. There is no undersea pipe line to europe then a vast shipping fleet will have to be assembled, maybe even bigger than the D-Day fleet that liberated Europe in 1944, and this exersize might have happen every day.
Interesting article on Zero Hedge that explains not much has really changed since the EU still can pay in Euros and then Russia will convert those Euros to rubles. It does protect Russia from having foreign accounts frozen and getting nothing for their oil.
https://www.zerohedge.com/geopolitical/clever-tactics-putin-gets-his-way-rubles-energy-demand
This was the only and inevitable move Putin could have made. If you sell stuff to a person, and then they have the ability to thieve back whatever they paid you immediately (aka a currency seizure via the sanction tools) while still keeping the stuff you sold them, then you have had all your stuff stolen. That's no deal - who donates energy as a charitable act to nations that hate you?
So this notion that 'refusal to pay in rubles' was ever going to happen was as laughable as expecting all the western economies in the eurobloc to shut down that are dependent on russian energy.
France and Germany can now pretend to have maintained this 'tough stance' while all the while bowing to Putins demand. A problem entirely of their own making that they paid the price for, like fools.
did you notice that they are ignoring supreme leader's boycott diktat and are arguing HOW they are going to pay.
Russia could pay its debts to the EU in the Euros Europe gives them for the gas? Just a thought.
Also, A World, Nuclear Superpower has just opened up shop with a gold-backed currency in direct conflict to the Federal Reserve Note, which, as many know, is a private IOU, an unbacked promise.
Which would you choose ?
Hard to see but this his how the world war is won. Each nation breaking free of the deep state bank. Russia wants to compete but not in wars. Same with China minus their deep state ccp. We could have a fairly civil world. IF the leadership isn't the deep state communist. The wars are pointless amd wasteful.
Gold in my hand.
If it can be changed this easily, what happens when the people in charge decide Rubles are no longer linked to Gold again?
it hasn't been easy to make this change happen.
and anyway, the possible switch back to un-backed is a future maybe,
but, by that point in time, this current war of the world will be settled.
It is so obvious that this is the good guys at this point. It’s not even funny how obvious.
So any idea about buying rubles?
I recommend it. It won't go down. You can buy currency through FOREX.
THAT IS A STELLAR QUESTION.
More on this here:
https://tomluongo.me/2022/03/28/got-gold-rubles-russia-just-broke-the-back-of-the-west/
The masses will be demanding more than answers.
all I have to say is when the CBDC's get here you all should be marching with your pitchforks. If you don't, it will be the end of freedom.
This is the exact same thing that Richard Nixon and Henry Kissinger did to the Saudis in 1973; tell them they had to sell their oil for dollars. Makes me wonder what the dollar would have been worth if it wasn't used by all the countries in the world to buy oil.
I don't see it unfolding as his last sentence predicts. The white hats would have to be total dicks to let it get that far, imo.
Sadly, for the masses, we are still far away from the precipice
u/#q4641
I would like to think that also, but I’ve had that same thought like every month for the last two years.
It better only be momentarily. Otherwise, this entire country will burn. The food riots alone will cost countless lives and billions of dollars in damage.
There are millions upon millions who haven't the foggiest clue as to what's going on. They don't even know who the president is. They live paycheck to paycheck and will have zero problems getting ultra violent when they start going hungry.
The Ruble will continue its revaluation. As Europe sends gold and Rubles into Russia, Russia may destroy a portion of these Rubles to decrease money supply which increases Ruble value while the accumulation of gold in their reserves will also intrinsically increase Ruble value. It's brilliant.
The dollar will hyperinflate into oblivion. The US could export oil based on the dollar, but nations around the world have already horded the dollar for decades as their reserve currency. They won't need so much of it anymore, and will exchange it for gold, Rubles, Saudi Riyals, Iraqi Dinar (when it hits FOREX again), or Kuwaiti Dinar. Those are the nations that Eurasia will rely on for oil, and they'll sell oil in their own currencies, not the petrodollar. This will dump an unexpected supply of dollars on the FOREX market, and will catalyze the already inflating dollar until Americans don't want to pay $70 for a loaf of bread.
The solution for the US is to remonetize, meaning switch to a new currency. We will cast off the Fed's debt-slave notes with its masonic eye and replace it with whatever we want. It could be a mix of gold, silver, bitcoin, or even foreign currencies as a temporary solution.
Biden not smart enough to do that!