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Frances Leader's avatar

THE ROUBLE, THE DOLLAR & THE PRICE OF GOLD!

The Russians aren’t just saying that they do not recognize U.S. dollars as the reserve currency of the world any longer.

That would be bad enough.

At this point, they are actually saying that they will no longer accept U.S. dollars as a form of payment at all.

Wow.

Thirdly, the central bank in Russia has fixed the value of the rouble to the price of gold for at least the next three months…

The Russian central bank will restart buying gold from banks and will pay a fixed price of 5000 roubles ($52) per gramme between March 28 and June 30, the bank said on Friday.

https://www.activistpost.com/2022/03/the-ruble-the-dollar-and-the-price-of-gold-who-is-really-winning-the-economic-chess-game.html

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Frances Leader's avatar

Germany prepares for gas rationing, Europe on edge in Russian standoff!

Will it be "No Roubles, No Gas"?

https://www.reuters.com/business/energy/germany-declares-early-warning-potential-gas-supply-disruptions-2022-03-30/

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