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Introducing the Altyn: Russia Accelerates Plans to Launch New “Gold” Eurasian Currency
Greetings,
Introducing the Altyn: Russia Accelerates Plans to Launch New “Gold” Eurasian Currency
Several Russian News outlets have reported that Russia, Kazakhstan and Belarus, that currently form the Eurasian customs union, will sign an agreement in May to accelerate the formation of an economic union and a joint currency: the Altyn.
Russia’s economy is eight times smaller than the US, but by forming a new ‘empire’ on top of a vast amounts of resources, this economic block will be a serious threat for the US petrodollar.
Russia is now speaking openly about getting rid of the US dollar for trading energy, building its own payment system and closing gas export deals with China – the other Asian empire. The Eurasian Economic Union will be a powerful stab at the US dollar hegemony.
By the way, the meaning of the Turkish word “Altyn” is … gold.
Source: www.silverdoctors.com
Submitted by Koos Jansen, In Gold We Trust:
On the territory of several Russian principalities the currency Altyn has been circulating from the 15th century until 1991. Originally it was made of copper, the silver Altyn appeared during the times of Peter the Great.
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