Putin Is Close To Finalizing Asian Trade Settlement In Gold That Will Rock World Markets
- Putin Is Close To Finalizing Asian Trade Settlement In Gold That Will Rock World Markets
Russian President, Vladimir Putin, is close to finalizing Asian trade settlement in gold. This move will cause enormous chaos for the West and will also rock world markets as gold is brought back into the monetary system by the great chess master, Putin.
January 29 (King World News) – Eric King: “Alasdair, talk about the physical gold market and also what’s happening with Russia.”
Putin’s Move To Bring Gold Back Into The Monetary System
Alasdair Macleod: “The physical market is very, very tight. And the reason it’s tight is because of the developments between Russia and all its partners in the Shanghai Cooperation Organization. They are going to have a Gold Standard. What has been discussed between the members of the Shanghai Cooperation Organization and particularly Sergey Glazyev, who has been heading the committee on this new currency, is they want to have something better than the dollar. That has led to this evolution toward trade arrangements being settled, on balance, with gold. And that’s obviously what (Russian) President Putin wants. Now that is destructive for Western fiat currencies because what we are likely to see is…to continue listening to this powerful and timely audio interview from Alasdair Macleod CLICK HERE OR ON THE IMAGE ABOVE.
- Russia and the Shanghai Cooperation Organisation (SCO) are considering using gold for pan-Asian trade settlements, fully replacing dollars and euros.
by Alasdair Macleod, https://www.goldmoney.com/
Russia’s intentions are clarifying
We have confirmation from the highest sources that Russia and the Shanghai Cooperation Organisation (SCO) are considering using gold for pan-Asian trade settlements, fully replacing dollars and euros.
In an article written for Vedomosti, a Moscow-based Russian newspaper published on 27 December, Sergey Glazyev, a prominent economic adviser to Vladimir Putin who is heading up the Eurasian Economic Union committee charged with devising a replacement for dollars in trade settlements sent a very clear signal to that effect. It appears he will drop earlier plans to design a new commodity-linked trade currency because it has been superseded.
Furthermore, increasing numbers of nations have joined or have applied to join the SCO as dialog members, including Saudi Arabia and other important Gulf Cooperation Organisation members. The economic benefits of discounted energy, China’s investment capital, and sound money are the ingredients for a new, Asia-wide industrial revolution, while the economies of the western alliance sink under rising prices, rising interest rates, collapsing financial markets, and collapsing currencies.
While it will mark the end of the road for the western alliance and its fiat currencies, Putin must be careful not to take the blame. Now that the alliance is racking up tanks and other equipment for the Ukrainians, they are actively promoting a new battle, with NATO getting almost directly involved. It is that action which will drive up commodity prices, undermine western financial markets, undermine government finances, and ultimately collapse their currencies.
Putin is likely to use NATO’s impetuous action in defence of Ukraine as cover for securing Russia’s future as an Asian superstate, which will be the west’s undoing.