ARE RUSSIA AND CHINA PREPARING TO MAKE THEIR FINANCIAL MOVE?

The latest developments are quite interesting here is the scoop.

This week the Russians, England, and other nations have been accusing Russia of poisoning an ex-double agent spy. https://uk.news.yahoo.com/poisoning-ex-spy-latest-pattern-reckless-unlawful-behaviour-russia-194225856.html

Russia also has been rattling their sabers and nuclear warheads. https://www.theguardian.com/world/2018/mar/11/russia-hypersonic-kinzhal-missile-launch

Lots of noise out there...but what is really going on? Could the Russians and Chinese be preparing to pull out the financial rug from under the US and allies?

A few years ago I first read about Hugo Salinas Price a Mexican billionaire who was trying to talk the Mexican government to mint a silver peso that would stabilize the Mexican economy. For years he encouraged the Mexican government to do this to no avail. This is Mr. Price's website where he champions sound money (that is silver and gold). http://www.plata.com.mx/

Back in June of 2016 Mr. Price gave a presentation on his idea of a silver coin to the Russians in St. Petersburg. http://www.plata.com.mx/enUS/More/291?idioma=2

Here are a few things he said, you can read the rest at the link above: The silver coin would be minted and monetized in Russian roubles by the Treasury of the Russian Federation, by a monetary quote issued by the Treasury. The coin would bear no stamped monetary value.

The monetized silver coin would become a parallel currency, which would circulate in parallel with the rouble currency issued by the Russian Central Bank. The Silver Rouble coins would form part of “M-0” (“M-zero”) which is the narrowest gauge of money supply. Thus M-0 would be made up of Russian Silver Rouble coins, along with the banknotes and base-metal coins issued by the Central Bank.

For the Russian Silver Rouble coin to remain in circulation as money, and form part of M-0 indefinitely, it would be indispensable that the coin receive its monetary value in roubles by means of a “monetary quote” which would be issued by the Treasury. This quote would be communicated to the population daily by the Media. Otherwise, a traditional stamped value on the coin in roubles would soon be surpassed by rises in the price of silver and the coin would be demonetized, as were all its predecessors in the last century.

The creation of the Silver Rouble coin would mark an important precedent, because at present, no government in the world issues currency: all governments have abdicated from that right, in favor of their respective Central Banks, each of which belongs to the world-embracing syndicate of Central Banks headed by the Federal Reserve of the USA.

If a country would produce such a coin it would create an earthquake in the Western nations who use fiat currency--paper money backed by nothing--such as a US Federal Reserve Note (check out your dollar bill).


In 1971 President Nixon took the US off the silver and gold standard and made a deal with Saudi Arabia to only sell oil in US dollars. Thus America could continue to control world trade without having to back the dollar with gold or silver. These days are soon about to swiftly end.


As I have written earlier in the blog both Russia and China have been stockpiling gold and silver as they prepare to trade in their own currencies, gold, and silver, between themselves and any nation that considers themselves enemies of the USA.


Russia and China have also set up a trade platform or clearing house for all banking transactions in their currencies in order to circumvent the US system which they have had to use up until now. This platform also allows them to create their own credit card system that disconnects them from the Western system.


On March 26th this month the Shanghai Gold Oil Exchange will begin operations. This will be an exchange that will be able to conduct trade with or without US dollars. Everything is ready.


A couple days ago I read an article that silver suppliers in the US were making more of a profit by melting down 90% US silver coins then by selling the coins themselves. It is legal to melt down these coins because they are no longer in circulation and use. Ironically you cannot melt down pennies or nickels due to their metal content.


Today I found an interesting post on Silver Doctors: https://www.silverdoctors.com/silver/silver-news/something-big-going-on-in-russia-right-now-imminent-launch-of-the-russian-silver-ruble/


The Russians as we know have been stockpiling gold, but they have also been stockpiling silver in vast quantities.
 


Above on the top is a pure silver bar. The bar on the bottom is what is called a dore bar. It is the type that would be from melting 90% US coin. It contains the other base metal which the receiving organization would re-melt and get rid of.


The article in the link above suggests that the Russians may be receiving the 90% melt dore bars and using them along with silver already stockpiled in order to produce a Russian silver ruble.


Mr. Putin seems to be very annoyed by the actions of the US and NATO these days. Is it possible Russia and China are preparing to make their move? It appears that they are close. They have:


1. Set up the trading platform that bypasses the US system.
2. They have their own credit card system separate from the US system.
3. Both countries have been stockpiling gold and silver.
4. Both countries have been making oil deals with Saudi Arabia
5. The Shanghai Gold and Silver exchange is ready to open.
6. The Chinese Yuan has been accepted into the World Bank basket of currencies.


My prayer is that it is not close to happening. I don't wish it to happen but I have been preparing for this event since being led to study the financial system. The next couple of months could be very interesting. Watch and pray! Whatever happens it is fascinating watching all of these things begin to happen.