30 votes

Russia Will Abandon the US Dollar as a Reserve Currency - Goldbugs: Get Ready!

We HAVE your Natural Gas. Got Gold? (pssst Germany.. you might want to contact Yellen about your bullion again.)

Russia will abandon the US dollar as a reserve currency if the United States initiates sanctions against the Russian Federation,
--- Presidential advisor Sergey Glazyev
told Ria Novosti news agency.

BRIC Brazil, Russia, India, China

“We will be forced to go to another currency and create our own payment and settlement system. We have a fantastic trade and economic relationship with our partners in the east and south, and we’ll find a way to not only reset our financial dependence on the US, but come out from these sanctions with an advantage for ourselves,” he said.
“Efforts to declare sanctions against the Russian Federation will result in the collapse of the US financial system, which will entail the end of US dominance in the world financial system.”


http://youtu.be/2tFsAkpBFRc

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They'll do it.

I don't believe for a second that Putin and the current Russian establishment have not made detailed plans about how to dump the dollar as reserve currency and trigger the SHTF here.

Most likely multiple contingencies. Included one just like this here.

It's too damn cold! Come back home where you can be warm - Putin

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Putin, March 2014: It's too damn cold in the Ukraine! Come home!

Remember the Waterloo!
Путин, март 2014. Это -
слишком проклятый холод в Украине! Я приказываю, чтобы все силы пришли домой!

Вместо того, чтобы переносить другую резкую Зиму в Украине, возможно наши украинские товарищи примут мое приглашение на Ватерлоо?

Putin, March 2014 -
It's too damn cold in the Ukraine! I order all forces to come home!

Instead of suffering another harsh Winter in the Ukraine, perhaps our Ukrainian comrades will accept my invitation to Waterloo?

US Looks for Way Ahead on Ukraine - Voice of America, Sponsored by the CIA. Published March 03, 2014: Monday accused Russia of violating Ukraine's sovereignty and international law. The United States says it will take action to isolate Russia if Moscow does not pull its troops back to Russian bases in the Crimean region of Ukraine. - VOA White House correspondent Luis Ramirez. Sponsored by the CIA.
Lavra's Cathedral, Kiev-Pecherskaya, Ukraine. ☆ Russian Forces Retreat Due to Severe Ukrainian Winter Storm.By order of the Kremlin: Russia come home. It's too damn cold in the Ukraine! I won't suffer the same fate the befell that pompous French Generale. I order all Russian forces home to save them from that harsh Ukrainian Winder Storm. We will postpone our military strike until the break of Spring... The Ukrainian Spring. - Comrade Putin, March 2014 (notifying Russian Troops in the Ukraine of their change of orders).
The Battle of Waterloo, 18th June 1815, 1842. G. Newton, - Cheltenham Art Gallery and the Museum. Oil painting on canvas, entitled 'The Battle of Waterloo, 18 June 1815', by G. Newton, dated 1842.

Regards,

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

point!

brrrrrrr

Maybe TPTB like this idea

It would be an excuse as to why things crashed. "The economy was recovering but then Russia destabilized the whole world". Plus that could be used as an excuse to drag us into yet another war.

I did not hear them say that Russia is considering a new ...

...curency in the video.

Obviously if they did that...LOOK OUT!

It would make the 2008 financial crisis look like a happy little fairy tale.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

no.. not in the video...

the OP quote was clipped from an update stream on RT
http://rt.com/news/kiev-clashes-rioters-police-571/
@ 08:44 GMT:

Russia will abandon the US dollar as a reserve currency if the United States initiates sanctions against the Russian Federation, Presidential advisor Sergey Glazyev told Ria Novosti news agency.

Hasn't Russia all but abandon

Hasn't Russia all but abandon the U.S. Dollar long ago?

Dangerous situation

The US military and its allies will not likely let this happen without a major fight. Essentially the people that control things have too much to lose. If you look around the world the military power of the US and its allies is obscene. Add the fact that the US military is a tested one, I dont see Russia and China being much of a fight.

you are very uninformed.

you are very uninformed.

yeah

yeah sure..

http://www.mapsofworld.com/world-top-ten/world-top-ten-count...

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

The goal all along?

Something has to be the trigger...this is big...

Read this too:

...Russia and China hold approximately 25 percent of all foreign-owned U.S. debt, and if they started massively dumping U.S. debt it could rapidly create a nightmare scenario. In addition, it is important to remember that Russia is the largest exporter of natural gas and the second largest exporter of oil in the world. And China now imports more oil than anyone else on the planet does, including the United States. If Russia and China got together and decided to kill the petrodollar, they could do it almost overnight. So when it comes to Ukraine, it is definitely not the United States that has the leverage.
http://theeconomiccollapseblog.com/archives/russia-and-china...

The law cannot make a wicked person virtuous…God’s grace alone can accomplish such a thing.
Ron Paul - The Revolution

Setting a good example is a far better way to spread ideals than through force of arms. Ron Paul

Kiev Appointing Oligarchs...

RT’s Peter Oliver walked Kiev’s streets to pick people’s minds about the marriage between money and politics, shortly after

two of the richest men in the country have taken up key roles in the Ukrainian government: Igor Kolomoisky and Sergey Taruta – now governors of the Dnepropetrovsk and Donetsk regions, respectively. (which is a JOKE.. as Donetsk and 18/24 Regions want NOTHING to do with the illegitimate 'Kiev coup' and do NOT recognize ANY of their 'appointees'.)

As the lifestyle of the powerful begins to surface, with its lavish countryside mansions, people voice their dissatisfaction with oligarchy and its penchant for sharing nothing of their riches with the impoverished Ukraine.

“They have to get together all these oligarchs and put their stolen money that’s in foreign accounts into Ukraine. Not just their money, but sell their houses, their cars, their jewelry, and put it in the national bank,” said one elderly passerby at the Independence Square.

Goldbugs: Get Ready! To lose

Goldbugs: Get Ready!
To lose $20 an ounce overnight!

Putin recalled the troops.
http://www.kitco.com/images/live/gold.gif

I'll take it

A $20 drop in gold to stop a war?

I'll take it.

tick tock...

I said get ready.. lol (not go!)
shitsafly'n.. where she stops NOBODY KNOWS!!

also... regarding those 'troops'...

I thought this quote was interesting....

Putin dismissed the notion that the uniformed armed people without insignia who are currently present in Crimea are Russian soldiers. He said they are members of the Crimean self-defense forces and that they are no better equipped and trained than some radical fighters who took part in the ousting of Yanukovich.

►In fact the WHOLE statement release today is VERY insightful into Putin's 'head'..
chek it out
http://rt.com/news/putin-statement-ukraine-russia-743/

Big news, big threat

The financial/military chess game continues.

Will Washington go to war for the banking cartel?

Will Europe buy Russian oil and gas with rubles?

Stay tuned,

It's almost high noon.

Sadly

This decision by Russia WOULD be in their best interests because of what our Federal Reserve and Political Class has done to our currency. We were the only ones who could kill the Dollar and that is happening.