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GRANDMASTER PUTIN'S GOLDEN TRAP
[ Part 2.2: "Attached Text" ]
By Dmitry Kalinichenko
December 07, 2014 "ICH" - "Investcafe" - Accusations of the West
towards Putin traditionally are based on the fact that he worked
in the KGB. And therefore he is a cruel and immoral person. Putin
is blamed for everything. But nobody ever accused Putin of lack of
intelligence. Any accusations against this man only emphasize his
ability for quick analytical thinking and making clear and balanced
political and economic decisions.
Often Western media compares this ability with the ability of
a grandmaster, conducting a public chess simul. Recent developments
in US economy and the West in general allow us to conclude that in
this part of the assessment of Putin's personality Western media is
absolutely right.
Despite numerous success reports in the style of Fox News and CNN,
today, Western economy, led by the United States is in Putin's trap,
the way out of which no one in the West can see or find. And the more
the West is trying to escape from this trap, the more stuck it becomes.
What is the truly tragic predicament of the West and the United
States, in which they find themselves? And why all the Western
media and leading Western economists are silent about this, as a
well guarded military secret? Let's try to understand the essence
of current economic events, in the context of the economy, setting
aside the factors of morality, ethics and geopolitics.
After realizing its failure in Ukraine, the West, led by the US set out
to destroy Russian economy by lowering oil prices, and accordingly gas
prices as the main budget sources of export revenue in Russia and
the main sources of replenishment of Russian gold reserves.
It should be noted that the main failure of the West in Ukraine is
not military or political. But in the actual refusal of Putin to fund
the Western project of Ukraine at the expense of the budget of Russian
Federation. What makes this Western project not viable in the near
and inevitable future.
Last time under president Reagan, such actions of the West's lowering
of oil prices led to 'success' and the collapse of USSR. But history
does not repeat itself all the time. This time things are different for
the West. Putin's response to the West resembles both chess and judo,
when the strength used by the enemy is used against him, but with
minimal costs to the strength and resources of the defender. Putin's
real policies are not public.
Therefore, Putin's policy largely has always focused not so much on
effect, but on efficiency.
Very few people understand what Putin is doing at the moment. And
almost no one understands what he will do in the future.
No matter how strange it may seem, but right now, Putin is selling
Russian oil and gas only for physical gold.
Putin is not shouting about it all over the world. And of course,
he still accepts US dollars as an intermediate means of payment. But
he immediately exchanges all these dollars obtained from the sale of
oil and gas for physical gold!
To understand this, it is enough to look at the dynamics of growth
of gold reserves of Russia and to compare this data with foreign
exchange earnings of the RF coming from the sale of oil and gas over
the same period.
[1c553947d4c0d5969fe9aa634eacd45d.jpg]
Moreover, in the third quarter the purchases by Russia of physical
gold are at an all-time high, record levels. In the third quarter
of this year, Russia had purchased an incredible amount of gold in
the amount of 55 tons. It's more than all the central banks of all
countries of the world combined (according to official data)!
In total, the central banks of all countries of the world have
purchased 93 tons of the precious metal in the third quarter of 2014.
It was the 15th consecutive quarter of net purchases of gold by Central
banks. Of the 93 tonnes of gold purchases by central banks around
the world during this period, the staggering volume of purchases -
of 55 tons - belongs to Russia.
Not so long ago, British scientists have successfully come to the
same conclusion, as was published in the Conclusion of the U.S.
Geological survey a few years ago. Namely: Europe will not be able to
survive without energy supply from Russia. Translated from English
to any other language in the world it means: "The world will not be
able to survive if oil and gas from Russia is subtracted from the
global balance of energy supply".
Thus, the Western world, built on the hegemony of the petrodollar,
is in a catastrophic situation. In which it cannot survive without
oil and gas supplies from Russia. And Russia is now ready to sell
its oil and gas to the West only in exchange for physical gold! The
twist of Putin's game is that the mechanism for the sale of Russian
energy to the West only for gold now works regardless of whether the
West agrees to pay for Russian oil and gas with its artificially cheap
gold, or not.
Because Russia, having a regular flow of dollars from the sale of
oil and gas, in any case, will be able to convert them to gold with
current gold prices, depressed by all means by the West. That is,
at the price of gold, which had been artificially and meticulously
lowered by the Fed and ESF many times, against artificially inflated
purchasing power of the dollar through market manipulation.
Interesting fact: the suppression of gold prices by the special
department of US Government - ESF (Exchange Stabilization Fund)
- with the aim of stabilizing the dollar has been made into a law in
the United States.
In the financial world it is accepted as a given that gold is an
antidollar.
* In 1971, US President Richard Nixon closed the 'gold window',
ending the free exchange of dollars for gold, guaranteed by the US
in 1944 at Bretton Woods.
* In 2014, Russian President Vladimir Putin has reopened the 'gold
window', without asking Washington's permission.
Right now the West spends much of its efforts and resources to suppress
the prices of gold and oil. Thereby, on the one hand to distort the
existing economic reality in favor of the US dollar and on the other
hand, to destroy the Russian economy, refusing to play the role of
obedient vassal of the West.
Today assets such as gold and oil look proportionally weakened and
excessively undervalued against the US dollar. It is a consequence
of the enormous economic effort on the part of the West.
And now Putin sells Russian energy resources in exchange for these
US dollars, artificially propped by the efforts of the West. With
which he immediately buys gold, artificially devalued against the U.S.
dollar by the efforts of the West itself!
There is another interesting element in Putin's game. It's Russian
uranium. Every sixth light bulb in the USA depends on its supply. Which
Russia sells to the US too, for dollars.
Thus, in exchange for Russian oil, gas and uranium, the West pays
Russia with dollars, purchasing power of which is artificially inflated
against oil and gold by the efforts of the West. But Putin uses these
dollars only to withdraw physical gold from the West in exchange,
for the price denominated in US dollars, artificially lowered by the
same West.
This truly brilliant economic combination by Putin puts the West
led by the United States in a position of a snake, aggressively
and diligently devouring its own tail.
The idea of this economic golden trap for the West, probably
originated not from Putin himself. Most likely it was the idea of
Putin's Advisor for Economic Affairs - doctor Sergey Glazyev.
Otherwise why seemingly not involved in business bureaucrat Glazyev,
along with many Russian businessmen, was personally included by
Washington on the sanction list? The idea of an economist, doctor
Glazyev was brilliantly executed by Putin, with full endorsement from
his Chinese colleague - XI Jinping.
[untitled.png]
Especially interesting in this context looks the November statement
of the first Deputy Chairman of Central Bank of Russia Ksenia Yudaeva,
which stressed that the CBR can use the gold from its reserves to pay
for imports, if need be. It is obvious that in terms of sanctions by
the Western world, this statement is addressed to the BRICS countries,
and first of all China. For China, Russia's willingness to pay for
goods with Western gold is very convenient.
And here's why:
China recently announced that it will cease to increase its gold and
currency reserves denominated in US dollars. Considering the growing
trade deficit between the US and China (the current difference is
five times in favor of China), then this statement translated from
the financial language reads: "China stops selling their goods for
dollars". The world's media chose not to notice this grandest in the
recent monetary history event . The issue is not that China literally
refuses to sell its goods for US dollars. China, of course, will
continue to accept US dollars as an intermediate means of payment for
its goods. But, having taken dollars, China will immediately get rid
of them and replace with something else in the structure of its gold
and currency reserves. Otherwise the statement made by the monetary
authorities of China loses its meaning: "We are stopping the increase
of our gold and currency reserves, denominated in US dollars." That
is, China will no longer buy United States Treasury bonds for
dollars earned from trade with any countries, as they did this before.
Thus, China will replace all the dollars that it will receive for its
goods not only from the US but from all over the world with something
else not to increase their gold currency reserves, denominated in US
dollars. And here is an interesting question: what will China replace
all the trade dollars with? What currency or an asset? Analysis of the
current monetary policy of China shows that most likely the dollars
coming from trade, or a substantial chunk of them, China will quietly
replace and de facto is already replacing with Gold.
In this aspect, the solitaire of Russian-Chinese relations is
extremely successful for Moscow and Beijing. Russia buys goods from
China directly for gold at its current price. While China buys
Russian energy resources for gold at its current price. At this
Russian-Chinese festival of life there is a place for everything:
Chinese goods, Russian energy resources, and gold - as a means of
mutual payment. Only US dollar has no place at this festival of
life. And this is not surprising. Because the US dollar is not
a Chinese product, nor a Russian energy resource. It is only an
intermediate financial instrument of settlement - and an unnecessary
intermediary. And it is customary to exclude unnecessary intermediaries
from the interaction of two independent business partners.
It should be noted separately that the global market for physical
gold is extremely small relative to the world market for physical
oil supplies. And especially the world market for physical gold
is microscopic compared to the entirety of world markets for physical
delivery of oil, gas, uranium and goods.
Emphasis on the phrase "physical gold" is made because in exchange for
its physical, not 'paper' energy resources, Russia is now withdrawing
gold from the West, but only in its physical, not paper form. So does
China, by acquiring from the West the artificially devalued physical
gold as a payment for physical delivery of real products to the West.
The West's hopes that Russia and China will accept as payment for
their energy resources and goods "shitcoin" or so-called "paper gold"
of various kinds also did not materialize. Russia and China are only
interested in gold and only physical metal as a final means of payment.
For reference: the turnover of the market of paper gold, only of
gold futures, is estimated at $360 billion per month. But physical
delivery of gold is only for $280 million a month. Which makes the
ratio of trade of paper gold versus physical gold: 1000 to 1.
Using the mechanism of active withdrawal from the market of one
artificially lowered by the West financial asset (gold) in exchange
for another artificially inflated by the West financial asset (USD),
Putin has thereby started the countdown to the end of the world
hegemony of petrodollar. Thus, Putin has put the West in a deadlock
of the absence of any positive economic prospects.
The West can spend as much of its efforts and resources to artificially
increase the purchasing power of the dollar, lower oil prices
and artificially lower the purchasing power of gold. The problem of
the West is that the stocks of physical gold in possession of the
West are not unlimited. Therefore, the more the West devalues oil
and gold against the US dollar, the faster it loses devaluing Gold
from its not infinite reserves.
In this brilliantly played by Putin economic combination the physical
gold is rapidly flowing to Russia, China, Brazil, Kazakhstan and India,
the BRICS countries, from the reserves of the West. At the current rate
of reduction of reserves of physical gold, the West simply does not
have the time to do anything against Putin's Russia until the collapse
of the entire Western petrodollar world. In chess the situation in
which Putin has put the West, led by the US, is called "time trouble".
The Western world has never faced such economic events and phenomena
that are happening right now. USSR rapidly sold gold during the
fall of oil prices. Russia rapidly buys gold during the fall in oil
prices. Thus, Russia poses a real threat to the American model of
petrodollar world domination.
The main principle of world petrodollar model is allowing Western
countries led by the United States to live at the expense of the
labor and resources of other countries and peoples based on the role
of the US currency, dominant in the global monetary system (GMS) .
The role of the US dollar in the GMS is that it is the ultimate
means of payment. This means that the national currency of the United
States in the structure of the GMS is the ultimate asset accumulator,
to exchange which to any other asset does not make sense.
What the BRICS countries, led by Russia and China, are doing now
is actually changing the role and status of the US dollar in the
global monetary system. From the ultimate means of payment and asset
accumulation, the national currency of the USA, by the joint actions
of Moscow and Beijing is turned into only an intermediate means of
payment. Intended only to exchange this interim payment for another
and the ulimate financial asset - gold. Thus, the US dollar actually
loses its role as the ultimate means of payment and asset accumulation,
yielding both of those roles to another recognized, denationalized
and depoliticized monetary asset - gold.
Traditionally, the West has used two methods to eliminate the threat
to the hegemony of petrodollar model in the world and the consequent
excessive privileges for the West.
One of these methods - colored revolutions. The second method,
which is usually applied by the West, if the first fails - military
aggression and bombing.
But in Russia's case both of these methods are either impossible or
unacceptable for the West.
Because, firstly, the population of Russia, unlike people in many other
countries, does not wish to exchange their freedom and the future
of their children for Western kielbasa. This is evident from the
record ratings of Putin, regularly published by the leading Western
rating agencies. Personal friendship of Washington protege Navalny
with Senator McCain played for him and Washington a very negative
role. Having learned this fact from the media, 98% of the Russian
population now perceive Navalny only as a vassal of Washington
and a traitor of Russia's national interests. Therefore Western
professionals, who have not yet lost their mind, cannot dream about
any color revolution in Russia.
As for the second traditional Western way of direct military
aggression, Russia is certainly not Yugoslavia, not Iraq or Libya. In
any non-nuclear military operation against Russia, on the territory of
Russia, the West led by the US is doomed to defeat. And the generals
in the Pentagon exercising real leadership of NATO forces are
aware of this. Similarly hopeless is a nuclear war against Russia,
including the concept of so-called "preventive disarming nuclear
strike". NATO is simply not technically able to strike a blow that
would completely disarm the nuclear potential of Russia in all its many
manifestations. A massive nuclear retaliatory strike on the enemy or
a pool of enemies would be inevitable. And its total capacity will
be enough for survivors to envy the dead. That is, an exchange of
nuclear strikes with a country like Russia is not a solution to the
looming problem of the collapse of a petrodollar world. It is in the
best case, a final chord and the last point in the history of its
existence. In the worst case - a nuclear winter and the demise of
all life on the planet, except for the bacteria mutated from radiation.
The Western economic establishment can see and understand the essence
of the situation. Leading Western economists are certainly aware of
the severity of the predicament and hopelessness of the situation the
Western world finds itself in, in Putin's economic gold trap. After
all, since the Bretton Woods agreements, we all know the Golden
rule: "Who has more gold sets the rules." But everyone in the West
is silent about it. Silent because no one knows now how to get out
of this situation.
If you explain to the Western public all the details of the looming
economic disaster, the public will ask the supporters of a petrodollar
world the most terrible questions, which will sound like this:
- How long will the West be able to buy oil and gas from Russia in
exchange for physical gold?
And what will happen to the US petrodollar after the West runs out
of physical gold to pay for Russian oil, gas and uranium, as well as
to pay for Chinese goods?
No one in the west today can answer these seemingly simple questions.
And this is called "Checkmate", ladies and gentlemen. The game is over.
Translated by Kristina Rus
Click for Spanish, German, Dutch, Danish, French, translation-
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From: Emil Lazarian | Ararat NewsPress
[ Part 2.2: "Attached Text" ]
By Dmitry Kalinichenko
December 07, 2014 "ICH" - "Investcafe" - Accusations of the West
towards Putin traditionally are based on the fact that he worked
in the KGB. And therefore he is a cruel and immoral person. Putin
is blamed for everything. But nobody ever accused Putin of lack of
intelligence. Any accusations against this man only emphasize his
ability for quick analytical thinking and making clear and balanced
political and economic decisions.
Often Western media compares this ability with the ability of
a grandmaster, conducting a public chess simul. Recent developments
in US economy and the West in general allow us to conclude that in
this part of the assessment of Putin's personality Western media is
absolutely right.
Despite numerous success reports in the style of Fox News and CNN,
today, Western economy, led by the United States is in Putin's trap,
the way out of which no one in the West can see or find. And the more
the West is trying to escape from this trap, the more stuck it becomes.
What is the truly tragic predicament of the West and the United
States, in which they find themselves? And why all the Western
media and leading Western economists are silent about this, as a
well guarded military secret? Let's try to understand the essence
of current economic events, in the context of the economy, setting
aside the factors of morality, ethics and geopolitics.
After realizing its failure in Ukraine, the West, led by the US set out
to destroy Russian economy by lowering oil prices, and accordingly gas
prices as the main budget sources of export revenue in Russia and
the main sources of replenishment of Russian gold reserves.
It should be noted that the main failure of the West in Ukraine is
not military or political. But in the actual refusal of Putin to fund
the Western project of Ukraine at the expense of the budget of Russian
Federation. What makes this Western project not viable in the near
and inevitable future.
Last time under president Reagan, such actions of the West's lowering
of oil prices led to 'success' and the collapse of USSR. But history
does not repeat itself all the time. This time things are different for
the West. Putin's response to the West resembles both chess and judo,
when the strength used by the enemy is used against him, but with
minimal costs to the strength and resources of the defender. Putin's
real policies are not public.
Therefore, Putin's policy largely has always focused not so much on
effect, but on efficiency.
Very few people understand what Putin is doing at the moment. And
almost no one understands what he will do in the future.
No matter how strange it may seem, but right now, Putin is selling
Russian oil and gas only for physical gold.
Putin is not shouting about it all over the world. And of course,
he still accepts US dollars as an intermediate means of payment. But
he immediately exchanges all these dollars obtained from the sale of
oil and gas for physical gold!
To understand this, it is enough to look at the dynamics of growth
of gold reserves of Russia and to compare this data with foreign
exchange earnings of the RF coming from the sale of oil and gas over
the same period.
[1c553947d4c0d5969fe9aa634eacd45d.jpg]
Moreover, in the third quarter the purchases by Russia of physical
gold are at an all-time high, record levels. In the third quarter
of this year, Russia had purchased an incredible amount of gold in
the amount of 55 tons. It's more than all the central banks of all
countries of the world combined (according to official data)!
In total, the central banks of all countries of the world have
purchased 93 tons of the precious metal in the third quarter of 2014.
It was the 15th consecutive quarter of net purchases of gold by Central
banks. Of the 93 tonnes of gold purchases by central banks around
the world during this period, the staggering volume of purchases -
of 55 tons - belongs to Russia.
Not so long ago, British scientists have successfully come to the
same conclusion, as was published in the Conclusion of the U.S.
Geological survey a few years ago. Namely: Europe will not be able to
survive without energy supply from Russia. Translated from English
to any other language in the world it means: "The world will not be
able to survive if oil and gas from Russia is subtracted from the
global balance of energy supply".
Thus, the Western world, built on the hegemony of the petrodollar,
is in a catastrophic situation. In which it cannot survive without
oil and gas supplies from Russia. And Russia is now ready to sell
its oil and gas to the West only in exchange for physical gold! The
twist of Putin's game is that the mechanism for the sale of Russian
energy to the West only for gold now works regardless of whether the
West agrees to pay for Russian oil and gas with its artificially cheap
gold, or not.
Because Russia, having a regular flow of dollars from the sale of
oil and gas, in any case, will be able to convert them to gold with
current gold prices, depressed by all means by the West. That is,
at the price of gold, which had been artificially and meticulously
lowered by the Fed and ESF many times, against artificially inflated
purchasing power of the dollar through market manipulation.
Interesting fact: the suppression of gold prices by the special
department of US Government - ESF (Exchange Stabilization Fund)
- with the aim of stabilizing the dollar has been made into a law in
the United States.
In the financial world it is accepted as a given that gold is an
antidollar.
* In 1971, US President Richard Nixon closed the 'gold window',
ending the free exchange of dollars for gold, guaranteed by the US
in 1944 at Bretton Woods.
* In 2014, Russian President Vladimir Putin has reopened the 'gold
window', without asking Washington's permission.
Right now the West spends much of its efforts and resources to suppress
the prices of gold and oil. Thereby, on the one hand to distort the
existing economic reality in favor of the US dollar and on the other
hand, to destroy the Russian economy, refusing to play the role of
obedient vassal of the West.
Today assets such as gold and oil look proportionally weakened and
excessively undervalued against the US dollar. It is a consequence
of the enormous economic effort on the part of the West.
And now Putin sells Russian energy resources in exchange for these
US dollars, artificially propped by the efforts of the West. With
which he immediately buys gold, artificially devalued against the U.S.
dollar by the efforts of the West itself!
There is another interesting element in Putin's game. It's Russian
uranium. Every sixth light bulb in the USA depends on its supply. Which
Russia sells to the US too, for dollars.
Thus, in exchange for Russian oil, gas and uranium, the West pays
Russia with dollars, purchasing power of which is artificially inflated
against oil and gold by the efforts of the West. But Putin uses these
dollars only to withdraw physical gold from the West in exchange,
for the price denominated in US dollars, artificially lowered by the
same West.
This truly brilliant economic combination by Putin puts the West
led by the United States in a position of a snake, aggressively
and diligently devouring its own tail.
The idea of this economic golden trap for the West, probably
originated not from Putin himself. Most likely it was the idea of
Putin's Advisor for Economic Affairs - doctor Sergey Glazyev.
Otherwise why seemingly not involved in business bureaucrat Glazyev,
along with many Russian businessmen, was personally included by
Washington on the sanction list? The idea of an economist, doctor
Glazyev was brilliantly executed by Putin, with full endorsement from
his Chinese colleague - XI Jinping.
[untitled.png]
Especially interesting in this context looks the November statement
of the first Deputy Chairman of Central Bank of Russia Ksenia Yudaeva,
which stressed that the CBR can use the gold from its reserves to pay
for imports, if need be. It is obvious that in terms of sanctions by
the Western world, this statement is addressed to the BRICS countries,
and first of all China. For China, Russia's willingness to pay for
goods with Western gold is very convenient.
And here's why:
China recently announced that it will cease to increase its gold and
currency reserves denominated in US dollars. Considering the growing
trade deficit between the US and China (the current difference is
five times in favor of China), then this statement translated from
the financial language reads: "China stops selling their goods for
dollars". The world's media chose not to notice this grandest in the
recent monetary history event . The issue is not that China literally
refuses to sell its goods for US dollars. China, of course, will
continue to accept US dollars as an intermediate means of payment for
its goods. But, having taken dollars, China will immediately get rid
of them and replace with something else in the structure of its gold
and currency reserves. Otherwise the statement made by the monetary
authorities of China loses its meaning: "We are stopping the increase
of our gold and currency reserves, denominated in US dollars." That
is, China will no longer buy United States Treasury bonds for
dollars earned from trade with any countries, as they did this before.
Thus, China will replace all the dollars that it will receive for its
goods not only from the US but from all over the world with something
else not to increase their gold currency reserves, denominated in US
dollars. And here is an interesting question: what will China replace
all the trade dollars with? What currency or an asset? Analysis of the
current monetary policy of China shows that most likely the dollars
coming from trade, or a substantial chunk of them, China will quietly
replace and de facto is already replacing with Gold.
In this aspect, the solitaire of Russian-Chinese relations is
extremely successful for Moscow and Beijing. Russia buys goods from
China directly for gold at its current price. While China buys
Russian energy resources for gold at its current price. At this
Russian-Chinese festival of life there is a place for everything:
Chinese goods, Russian energy resources, and gold - as a means of
mutual payment. Only US dollar has no place at this festival of
life. And this is not surprising. Because the US dollar is not
a Chinese product, nor a Russian energy resource. It is only an
intermediate financial instrument of settlement - and an unnecessary
intermediary. And it is customary to exclude unnecessary intermediaries
from the interaction of two independent business partners.
It should be noted separately that the global market for physical
gold is extremely small relative to the world market for physical
oil supplies. And especially the world market for physical gold
is microscopic compared to the entirety of world markets for physical
delivery of oil, gas, uranium and goods.
Emphasis on the phrase "physical gold" is made because in exchange for
its physical, not 'paper' energy resources, Russia is now withdrawing
gold from the West, but only in its physical, not paper form. So does
China, by acquiring from the West the artificially devalued physical
gold as a payment for physical delivery of real products to the West.
The West's hopes that Russia and China will accept as payment for
their energy resources and goods "shitcoin" or so-called "paper gold"
of various kinds also did not materialize. Russia and China are only
interested in gold and only physical metal as a final means of payment.
For reference: the turnover of the market of paper gold, only of
gold futures, is estimated at $360 billion per month. But physical
delivery of gold is only for $280 million a month. Which makes the
ratio of trade of paper gold versus physical gold: 1000 to 1.
Using the mechanism of active withdrawal from the market of one
artificially lowered by the West financial asset (gold) in exchange
for another artificially inflated by the West financial asset (USD),
Putin has thereby started the countdown to the end of the world
hegemony of petrodollar. Thus, Putin has put the West in a deadlock
of the absence of any positive economic prospects.
The West can spend as much of its efforts and resources to artificially
increase the purchasing power of the dollar, lower oil prices
and artificially lower the purchasing power of gold. The problem of
the West is that the stocks of physical gold in possession of the
West are not unlimited. Therefore, the more the West devalues oil
and gold against the US dollar, the faster it loses devaluing Gold
from its not infinite reserves.
In this brilliantly played by Putin economic combination the physical
gold is rapidly flowing to Russia, China, Brazil, Kazakhstan and India,
the BRICS countries, from the reserves of the West. At the current rate
of reduction of reserves of physical gold, the West simply does not
have the time to do anything against Putin's Russia until the collapse
of the entire Western petrodollar world. In chess the situation in
which Putin has put the West, led by the US, is called "time trouble".
The Western world has never faced such economic events and phenomena
that are happening right now. USSR rapidly sold gold during the
fall of oil prices. Russia rapidly buys gold during the fall in oil
prices. Thus, Russia poses a real threat to the American model of
petrodollar world domination.
The main principle of world petrodollar model is allowing Western
countries led by the United States to live at the expense of the
labor and resources of other countries and peoples based on the role
of the US currency, dominant in the global monetary system (GMS) .
The role of the US dollar in the GMS is that it is the ultimate
means of payment. This means that the national currency of the United
States in the structure of the GMS is the ultimate asset accumulator,
to exchange which to any other asset does not make sense.
What the BRICS countries, led by Russia and China, are doing now
is actually changing the role and status of the US dollar in the
global monetary system. From the ultimate means of payment and asset
accumulation, the national currency of the USA, by the joint actions
of Moscow and Beijing is turned into only an intermediate means of
payment. Intended only to exchange this interim payment for another
and the ulimate financial asset - gold. Thus, the US dollar actually
loses its role as the ultimate means of payment and asset accumulation,
yielding both of those roles to another recognized, denationalized
and depoliticized monetary asset - gold.
Traditionally, the West has used two methods to eliminate the threat
to the hegemony of petrodollar model in the world and the consequent
excessive privileges for the West.
One of these methods - colored revolutions. The second method,
which is usually applied by the West, if the first fails - military
aggression and bombing.
But in Russia's case both of these methods are either impossible or
unacceptable for the West.
Because, firstly, the population of Russia, unlike people in many other
countries, does not wish to exchange their freedom and the future
of their children for Western kielbasa. This is evident from the
record ratings of Putin, regularly published by the leading Western
rating agencies. Personal friendship of Washington protege Navalny
with Senator McCain played for him and Washington a very negative
role. Having learned this fact from the media, 98% of the Russian
population now perceive Navalny only as a vassal of Washington
and a traitor of Russia's national interests. Therefore Western
professionals, who have not yet lost their mind, cannot dream about
any color revolution in Russia.
As for the second traditional Western way of direct military
aggression, Russia is certainly not Yugoslavia, not Iraq or Libya. In
any non-nuclear military operation against Russia, on the territory of
Russia, the West led by the US is doomed to defeat. And the generals
in the Pentagon exercising real leadership of NATO forces are
aware of this. Similarly hopeless is a nuclear war against Russia,
including the concept of so-called "preventive disarming nuclear
strike". NATO is simply not technically able to strike a blow that
would completely disarm the nuclear potential of Russia in all its many
manifestations. A massive nuclear retaliatory strike on the enemy or
a pool of enemies would be inevitable. And its total capacity will
be enough for survivors to envy the dead. That is, an exchange of
nuclear strikes with a country like Russia is not a solution to the
looming problem of the collapse of a petrodollar world. It is in the
best case, a final chord and the last point in the history of its
existence. In the worst case - a nuclear winter and the demise of
all life on the planet, except for the bacteria mutated from radiation.
The Western economic establishment can see and understand the essence
of the situation. Leading Western economists are certainly aware of
the severity of the predicament and hopelessness of the situation the
Western world finds itself in, in Putin's economic gold trap. After
all, since the Bretton Woods agreements, we all know the Golden
rule: "Who has more gold sets the rules." But everyone in the West
is silent about it. Silent because no one knows now how to get out
of this situation.
If you explain to the Western public all the details of the looming
economic disaster, the public will ask the supporters of a petrodollar
world the most terrible questions, which will sound like this:
- How long will the West be able to buy oil and gas from Russia in
exchange for physical gold?
And what will happen to the US petrodollar after the West runs out
of physical gold to pay for Russian oil, gas and uranium, as well as
to pay for Chinese goods?
No one in the west today can answer these seemingly simple questions.
And this is called "Checkmate", ladies and gentlemen. The game is over.
Translated by Kristina Rus
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From: Emil Lazarian | Ararat NewsPress