title: half of russians fear syria could spark ww
text: russias most potent weapon hoarding gold  
  shtfplancom 
  this article was written by jay syrmopoulos and originally published at the free thought project  
  editors comment he who holds the gold makes the rules fresh attempts at containing russia and continuing the empire have been met with countermoves russia appears to be building strength in every way putin and his country have no intention of being under the american thumb and are developing rapid resistance as the us petrodollar loses its grip and china russia and the east shift into new currencies and shifting world order 
  what lies ahead it will be a strong hand for the countries that have the most significant backing in gold and hard assets and china and russia have positioned themselves very well prepare for a changing economic landscape and one in which selfreliance might be all we have 
  russia is hoarding gold at an alarming rate  the next world war will be fought with currencies 
  by jay syrmopoulos 
  with all eyes on russias unveiling their latest nuclear intercontinental ballistic missile icbm which nato has dubbed the satan missile  as tensions with the us increase moscows most potent weapon may be something drastically different 
  the rapidly evolving geopolitical weapon brandished by russia is an ever increasing stockpile of gold as well as russias native currency the ruble 
  take a look at the symbol below as it could soon come to change the entire hierarchy of the international order  potentially ushering in a complete international paradigm shift  and much sooner than you might think 
  image httpthefreethoughtprojectcomwpcontentuploadsbankofrussiaepng 
  the symbol is the new designation of the russian ruble russias national currency 
  similar to how the us uses the dollar sign  the uk uses the pound sign  and the european union uses the euro symbol  russia is about to begin exporting its symbol internationally 
  after the failed reset in usrussian relations by the obama administration and the continued deterioration of the countries relationship washington began targeting entire sectors of the russian economy as well as specific individuals meant to impose an economic burden so severe that it would force moscow into compliance 
  instead of decimating russia what it precipitated was a russian response of gradually weaning themselves off of the hegemony of the us petrodollar and working with china to create an alternative to the swift payment system that isnt solely controlled by western interests see asian infrastructure investment bank  new development bank 
  according to the corbett report  
  new reports indicate that china is ready to launch its swift alternative and for those who have their ear to the ground this is the most significant move yet in the unfolding process of dedollarization that is seeing the bricsled resistance bloc breaking away from the financial stranglehold of the usled washington consensus 
  for those who dont know swift stands for the society for worldwide interbank financial telecommunication and is shorthand for the swiftnet network that is used by over  financial institutions in  countries and territories to transmit financial transaction data around the world swift does not do any of the clearing or processing for these transactions itself but instead sends the payment orders that are then settled by correspondent banks of the member institutions still given the systems near universality in the financial system it means that virtually every international transaction between banking institutions goes through the swift network 
  this is why delisting from the swift network remains one of the primary financial weapons wielded by the us and its allies in their increasingly important financial warfare campaigns 
  recently financial guru jim rickards author of the book currency wars wrote that russia is poised for a major comeback in its economy russian bonds and stocks and the russian currency the ruble will all benefit rickards believes a strong turnaround is coming within russia and that this comeback will benefit the ruble 
  while still suffering from the economic warfare being waged by the us russia has realized that as long they are subservient to the petrodollar there remains a clear and present danger of the russian economy being devastated by the whims of washington 
  the bank of russia that nations central bank is extremely clear about its mission and monetary policy declaring on its website 
  monetary policy constitutes an integral part of the state policy and is aimed at enhancing wellbeing of russian citizens the bank of russia implements monetary policy in the framework of inflationtargeting regime and sees price stability albeit sustainably low inflation as its priority given structural peculiarities of the russian economy the target is to reduce inflation to  by  and maintain it within that range in the medium run 
  in laymans terms that means that monetary policy similar to nuclear weapons and the military are an integral part of the state policy in russia while many analysts have noted the increased buildup in russias military arsenal seemingly few have highlighted the massive buildup of russian gold reserves over the past decade 
  below is a chart showing russian gold reserves between  and last year  
  since  there has been a yearonyear increase that reveals a significant upward trend the chart clearly reveals that russias state policy of increasing state monetary assets in the form of gold additionally the russian government has been converting state rubles into gold assets from  to  russias state holdings of gold tripled 
  within just the past year russia has substantially increased its gold holdings 
  according to the business insider  
  in july of this year the central bank of russia added  ounces of gold to its reserves the onemonth uptick in russian gold reserves   ounces  is approximately equal to the entire annual output of barrick golds turquoise ridge gold mine in nevada 
  at that same rate   ounces per month  in a mere five months russia would add to state gold reserves the equivalent of the entire annual output of barricks massive goldstrike mine in nevada 
  currently russian gold reserves rank seventh in the world its clear that there is a concerted effort by russian authorities to build up the countrys gold reserves as part of a national strategy to negate the effects of economic warfare waged by the united states 
  rickards in his  book currency wars theorized that russia and china could combine their gold reserves to form a global goldbacked currency to compete against the us dollar currently russian reserves stand at roughly  tonnes with chinese reserves totaling over  tonnes according to china  its likely more which would amount to a combined total of roughly  tonnes of gold 
  the us is about to lose overarching control of policymaking within the international monetary fund imf thus the us lockup on global gold is about to vanish according to business insider 
  imagine for a moment the distinctly real possibility that russianchinese alliance could exercise indirect or even direct control over the imfs gold reserve of over  tonnes russian chinese and imf gold combined would equal roughly  tonnes and would allow for direct competition with the us gold reserves estimated at  tonnes 
  russia and china have realized that the petrodollar is wielded by washington as its weapon of choice when opposing a wellarmed state and clearly see the writing on the wall  thus working together to create a new global financial paradigm 
  the reality is that the united states is  trillion dollars in debt and eventually the time will come when the us economy begins to implode  and all the fiat currency people are stuck holding will essentially be worth nothing more than the paper its printed on hard assets such as gold and silver should be bought and taken custody of while there is still an opportunity to do so as a means of hedging against the potentially disastrous results of the us using the petrodollar as a weapon 
  ultimately the united states russia and china are all controlled by centralized powerhungry tyrants attempting to command powerful global bureaucracies like the imf the world bank swift new development bank and the asian infrastructure investment bank 
  its not russian nuclear weapons that people should fear as the policy of mutually assured destruction essentially voids any benefit of a state launching a firststrike nuclear attack the true threat to america is our economic house of cards built upon the back of a neoliberal trade policy that puts the rights of corporations over that of people  
  this article was written by jay syrmopoulos and originally published at the free thought project