Russia aims to reduce its share of US$ ~ Gerald Celente … (Death of the Dollar–3) with Video
The trend is clear. It will mean the end of US dominance and control.
Flash Points
1 – Russia is moving to get its reserves out of the US dollar.2 – Russia is following the lead of other nations who are exiting the USD.
3 – When the petro-dollar is abandoned, the USD will crash.
Gerald Celente – Dollar Death …
(Relevant comments begin @ 12:00)– Synopsis –
In a recent video, Gerald Celente reported that the “Kremlin aims to reduce dollar share of wealth fund to protect against sanctions.”
The Deputy Finance Minister stated that Russia is looking towards “different reserve currencies … including the yuan … and the euro.”
And it’s not only Russia which is trying to escape the shackles of the US dollar. China, Iran, and other countries are already moving to get out of the dollar.
Bye-bye Dollar
– Insight from Outside –
The US is already at war with numerous countries around the world, including Cuba, Iran, North Korea, Venezuela, and Syria. Economic war, that is.
Sanctions are an act or war. And in certain ways, so are tariffs. The US has imposed sanctions on the aforementioned countries and others, always for its own gain or for its own geo-political ends.
Fightin’ Words
As a result, those affected countries will fight back, in whatever ways they can. Already, they are doing so, in ways that strike at the Achilles’ heel of the US hegemon.
The trend is clear. And the end is near.
The dollar is doomed. (Image source)
Wow, very interesting information. I could not even think that this could happen.
It will happen. In fact, it's happening now.
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Hi @majes.tytyty
You know I'd like to know your own opinion,
but mine is that this is not going to happen, people always tend to look for the forbidden, I think that such actions generate more use the dollar.
here in Venezuela the government is looking for ways for ordinary people not to have access to the dollar however they are the first to offer dollars on the black market and most of those dollars come from drug trafficking or the extraction of gold, additionally Russia is the first country that gives dollars to the government of Venezuela for the extraction of gold, coltan, uranio and other materials that come from mining.
I believe it will happen, although it will not happen quickly. It will take time, and the process will go slowly at first.
But the eventual collapse of the dollar is virtually inevitable. I have dozens of links to reports about de-dollarization, and I come across new reports almost every day. That's why I've decided to compile all those reports in this series.
The "Sound Money" Dollar will be very Strong and very Stable... Gold and Silver will reach a "Stable" Melt Value, with the "Activation" of U.S. "Sound Money"... Yes... I know the Final Melt Value Prices for Gold and Silver, in "Sound Money"...
December 18, 2019... 6.3 Hollywood Time...
Totally agree with you.
I just sent my lease payments, late @majes.tytyty! I have been sick since STEEMFest which I was so sorry you did not attend. I think it was a good move for me even though I am taking so long to recover.
The de-dollarization is very interesting to watch with my accounting hat. Once we get to a tipping point, things will get very ugly in the states. I'm thinking Zimbabwe. So thankful I am not there and do not hold that passport. 90% of people there do not see this coming and will be blind-sided.