Is Russia Preparing to Move to the Gold Standard?

• The short answer is: YES! And not just Russia but the entire BRICS alliance of something like 140+ nations. The Return to the Gold standard via a Global Currency Reset (GCR) was supposed to be implemented by Feb 2014. But the United States refused to comply even though it had agreed earlier. So instead of a GCR, America threatened war via the conflict in Ukraine, according to Dr Jim Willie. It appears this month (Feb 2015), the BRICS alliance will implement their GCR “forcefully” whether America agrees to it or not. Watch China during the Chinese New Year period (19 Feb onwards) – Dr. Jim Willie.
  –
• Is Russia Preparing to Move to the Gold Standard? 
  by http://sputniknews.com/ 
  An article by Mises Institute contributor Marcia Christoff-Kurapovna believes that now is the ideal time for Russia to introduce a gold-backed ruble.
   –
  Mises Institute contributor Marcia Christoff-Kurapovna believes that Russia may be in the process of planning for the introduction of a gold-based currency, and would be better off for it.
  –
  “Though a far-fetched idea at first glance, many factors suggest that remonetization in gold may be a logical next step for Moscow,” Christoff-Kurapovna notes in an analytical article published Friday on the libertarian think tank’s website.
  –
  The columnist notes that several factors may play into the decision, including Russia’s recent partial detachment from Western economic and financial structures, sanctions, the ruble’s devaluation and economic decline.
  –
  She further explains that even before the sharpening of relations between Russia and the West, economists close to Vladimir Putin have for years “been expressing [Russia’s] unwillingness to remain at the monetary mercy of the US and its NATO allies,” among them Sergei Glazyev, economic advisor to the president, and political ally to Deputy Premier Dmitri Rogozin.
  –
  read more!

end