U.S. DOLLAR COLLAPSE – Russia Unloads 20% Of Its Total U.S. Holdings In ONE Month
from Elite NWO Agenda It’s a known fact that the Russians and Chinese have already begun divesting themselves of dollar dependency by implementing trade agreements that completely sidestep the world’s reserve currency, but there has been no overt sign of a sell-off that might be indicative of a coming attack on our currency. According to a report from Zero Hedge the Russians have already started unloading their dollar reserves. In the month of December alone they sold a record $22 billion in U.S. Treasurys. While this may not seem like a big number, it is over 20% of their total US dollar holdings. But here’s the kicker: They’re not the only ones getting rid of their dollars in what appears to be a fairly uncommon sell-off over the course of the last 60 days. Back in December, Socgen spread a rumor that Russia has begun selling its gold. Subsequent IMF data showed that not only was this not correct, Russia in fact added to its gold holdings. But there was one thing it was selling: some $22 billion in US Treasurys, a record 20% of its total holdings Is Russia, after being under economic attack for the better part of a year, Chinese in an effort to debase the dollar? imminent economic collapse, while others argue that the end is nigh for the U.S. economic, financial and monetary systems. Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 Stocks are, after all, at historic highs. insider elite illuminati U.S. monetary policy and its long-term effects on domestic and global affairs it’s former Federal Reserve chairman Alan Greenspan the outstanding debts… and that the debt load in the U.S. monetary depreciation. quantitative easing and zero-interest rate policies by the Fed… we really cannot exit this without some significant market event… By that I interpret it being either a stock market crash or a prolonged recession Frank Talk blog know that China, along with India, leads the world in gold demand. This Chinese New Year is no exception. Official “Year of the Ram sheep goat ” gold coins sold out days ago, and since the beginning of January, withdrawals from the Shanghai Gold Exchange usd dollar “u.s. dollar” money cash “fiat currency” currency warning inflation deflation 2015 usa america “united states” forex “forex trading” russia russian china chinese trade business gbp sell buy trading news reserve gold silver bullion “interest rate” bank banking “bank account” “savings account” economy game games trust 2016 prepare “gold bullion” “silver bullion” end american “silver coin” euro commodity “elite nwo agenda” “stock market” crash asset jim rogers alex jones infowars rand gerald celente trends in the news bilderberg 2015 george soros ukraine false flag attack demcad rawdogletard coast to coast am jsnip4 montagraph prediction 9/11 marc faber anonymous daboo7 China, in other words, is consuming more gold than the world is producing. China’s supply of the precious metal per capita is actually low compared to neighboring Asian countries such as Taiwan and Singapore. Because, if and when hyperinflation starts people will quickly realize that their dollars are worthless. And as we have seen time and again, and most recently in Russia but to panic buy everything that isn’t nailed down in an effort to unload their diminishing purchasing power before their currency is completely worthless. Why The “1%” Hates The Gold Standard Between 1930 and 1970, it was only the “bottom 90%” that saw their incomes rise The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term. monetary mercy of the US and its NATO allies and this view has been most vehemently expressed by President Putin’s long-time economic advisor, Sergei Glazyev . The announcement, in sharp contrast to that institution’s more taciturn traditions, underscores Moscow’s outspoken dismay with dollar hegemony; its timing suggests coordination with the top rungs of government to present gold as a possible currency-war weapon. U.S. Mint, which just sold out of all silver American Eagle silver bullion coins demand supply.