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04/15/2022
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By JD Heyes
U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars
We have been warning since the beginning of Russia’s invasion of Ukraine that one of the negative long-term effects of imposing massive economic sanctions on Moscow would be the dismantling of the U.S. petrodollar-dominated global financial system, and that is exactly what is happening. Not only is Russia continuing to finance its war in Ukraine, […]
04/06/2022
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By JD Heyes
IMF official warns Western sanctions on Russia are threatening the dollar as world’s reserve currency
Recently imposed economic and financial sanctions on Russia by the U.S.-led West after Vladimir Putin ordered the invasion of Ukraine are weakening the dominance of the U.S. petrodollar as the world’s reserve currency, according to a ranking International Monetary Fund official. IMF First Deputy Managing Director Gita Gopinath told The Financial Times last week that […]
04/05/2022
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By JD Heyes
U.S., Western sanctions on Russia BACKFIRE: Ruble now backed by gold and gaining strength while the dollar’s purchasing power evaporates
In the weeks after Russia’s invasion of Ukraine, the Western world, led by the United States, imposed what was said to be a crippling regime of economic sanctions on Moscow. Joe Biden’s handlers took to his Twitter account to announce: “As a result of our unprecedented sanctions, the ruble was almost immediately reduced to rubble. […]
04/04/2022
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By Ethan Huff
Russia could soon demand rubles for fertilizer, grains, minerals, timber and other commodities, not just energy
There is now talk about Russia demanding payment in rubles for other things besides just energy. Just as President Vladimir Putin was set to give his announcement about Russia only accepting natural gas payments in rubles beginning on April 1, Vyacheslav Volodin, the speaker of the lower house of the Russian parliament, issued his own […]
03/31/2022
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By JD Heyes
More countries set to dump dollar holdings following U.S. “theft” of Russian reserves after Ukraine invasion
The Biden regime’s foreign policy team is filled with amateurs and half-wits whose heads are filled with Ivy League nonsense about how the world is supposed to work, as evidenced by the administration’s response to Russia’s invasion of Ukraine. As part of the regime’s economic sanctions package, the Biden administration seized hundreds of billions in […]
03/31/2022
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By JD Heyes
Russia links its ruble to gold in bid to circumvent U.S.-led sanctions and upend the dollar as the global reserve currency
The Russian government under President Vladimir Putin is hitting back at the United States and the West in general by starting a movement away from using the dollar as the world’s reserve currency. Instead, the Kremlin has begun demanding “hard currency” — gold — for purchases of Russian energy products or, as an alternative, countries can […]
03/29/2022
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By Mike Adams
The future of MONEY pivots this Friday as Putin sets deadline for dropping the dollar, requiring rubles for energy exports
Regardless of what you think about Putin’s morals or ethics, he is a genius strategist whose intellect is vastly superior to Joe Biden’s. Putin latest move threatens the very future of the dollar (fiat) currency and may spell the beginning of the end for the dollar. Beginning this Friday, Russia will only accept rubles, gold […]
03/25/2022
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By Ethan Huff
Here it comes: New “commodity-based” global monetary order soon on the way
The U.S. dollar is rapidly losing value due to runaway inflation. And it will more than likely be replaced, according to Credit Suisse, by a new “commodity-based” currency system. “This crisis is not like anything we have seen since President Nixon took the U.S. dollar off gold in 1971 – the end of the era […]
03/24/2022
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By Mike Adams
The DOLLAR will DIE… and the Ruble will DOMINATE as “commodities-based” currencies make paper fiat obsolete
As a patriotic American, this is the kind of article that pains me to write. But unlike the Democrats and their make believe gender identity fairy tales that pretend biology isn’t real, I can’t simply choose to alter the laws of economics and tell you something that isn’t so. The truth is that based on […]
03/11/2022
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By JD Heyes
Massive global depression coming as “dark years” for the world are beginning, says renowned expert
The world is now entering its most dangerous period since the last world war, a leading global analyst who predicted the effects of quantitative easing, as well as major currency shifts, is warning. That includes the potential for financial collapse and thermonuclear war between great powers, warns Egon von Greyerz, founder of Matterhorn Asset Management, which is […]
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