Russia became the fifth country on the planet with the largest gold reserves approaching the 2,000-ton limit while leaving the US bonds it held as it believes the US will soon not serve their enormous debt and because of the dollar will start a big economic crisis.

They know that after a dollar bubble crisis, everything starts from “zero,” and whoever holds gold is the one that starts from a better base.

It is certain that financial analysts will have a global debt write-off and then everything will be linked to the gold price.

The amount of gold purchased by Moscow since the beginning of 2018 has reached 106 tonnes, according to the most recent data published by the country’s central bank.

Russia’s total gold reserves are now approaching 2,000 tons.

In particular, according to data from the Russian central bank, the Russian stock of gold reached 1,944 tons in June 2018.

Indeed, it is noted that there has been a steady increase in stocks over the last decade, since in 2008 Russia’s gold reserves were only 500 tons. Thus, out of 2.5% of gold in Russia’s total capital in 2008, it now accounts for 17%.

Last week, the US Treasury Department confirmed that Russia had massively abandoned a large portion of its US bonds, falling from $ 92 billion to $ 14.9 billion.

Speaking to Sputnik about the issue, Alexander Engorov, a monetary policy analyst at the Russian company, TeleTrade, notes that ” if for some reason a group of states decided to present their US Treasury bonds to the US Treasury to get them in cash, then they would simply lose all value. This is a pyramid because the US, as they all appear, will never pay their debt. This plan will only continue to work for as long as some believe it “.

Explaining the phenomenon of the mass market for gold on the part of Russia, Kith Numanier, president of the Canadian company First Mining Gold, notes:

“I am sure that a global recession will happen when world governments are forced to” take their debts off “and then try to link everything to the price of gold. That is why countries such as Russia and China are gathering gold. They know what will happen in a few years from today, “heexplained.

It is noteworthy that Russia became one of the five largest gold reserves in the world in February, and if it continues to buy gold in the medium term, it could reach the record of the Soviet Union, which held 2,800 tons of gold, according to what it claims Timur Nigmatulin, an analyst at the Russian company Otkritie.

For quite some time there are reasonable suspicions that something is happening with the US dollar, which is also the world’s reserve currency. As a result, the planet has “filled” with it and can no longer preserve its value.

Pronews.gr has warned from the outset that the dollar as used by the Americans is creating bubbles. “Bubbles” that when they snatch “ruffle” everything like “black holes”.

Americans use the dollar as an aggressive weapon for two reasons:

First, for them to pass well, using it as an inexhaustible means of wealth, and secondly for the rest of the people, especially those who pose a threat to their global hegemony, not to pass well.

Through the dollar they control the markets, impose sanctions on whomever they want, cause financial “strangulation”, that is, they use a “scarred” deck and they all belong to them.

Even the former Soviet Union in dollars traded.

Now, however, Russia and China have begun a major devaluation attempt to enforce it across the globe and to reintroduce the rule of gold, which at least complies with the rules of Logic.

Turkey is also on the same route as PT Erdogan realized that he would never be … free as he depends on the dollar

That there is with that we pay. With the dollar the existence of money became a kind of … unpublished.

To make it clear to readers that pronews.gr for many years has been alarming about an upcoming dollar crisis, we present the Prophet’s “prophetic” statement a year before becoming president of the United States and made it to Fox News “On the Record with Greta Van Susteren.”

Characteristically, the US is no longer a rich country.

“We have a debt of 16 trillion dollars and once we reach 21-22 trillion dollars, we will de facto restructure ourselves”

“The real unemployment rate in the country is 15-16% and some believe it is 21%! At the moment the country is not doing well and the term recession is just a nice word to describe it”

It is noted that US debt accounts for 1/4 of the global debt and has completely escaped from any human limit. Probably owed him to his Clegg … Star Trek. This is because many domestic news media play with our intelligence.

The issue is that US debt has already reached 21 trillion dollars in the Trump chair!

It is no accident to freeze US-EU trade with China through tariffs and penalties to prevent further dollar printing and to force US citizens to buy domestic products.

The Americans also tried to “kneel” Russia through penalties and the dollar, but they did not succeed because Russia had some qualitative features that did not allow international circumstances to affect its self-sufficiency.

Here are some crucial elements that show that Russia is practically impossible to be blackmailed with “economic sanctions”.

-It is vast: Russia has the same surface as Pluto. Typically, it has nine different time zones, more than any other country

The surface area of ​​Russia is 17 million square kilometers, compared to 16.6 million square kilometers of planet Pluto.

– It has technologies that can change the shape of the planet or destroy the planet. It is estimated that its technology institutes are developing 40% of the world’s advanced technologies in areas such as defense, mining technology, nanotechnology, microelectronics,

-It’s the only country that can ship manned flights in space right now.

-The Russian oil and gas pipelines could make the Earth around more than six times

Russia’s pipelines, including condensers, gas, liquefied petroleum gas, water and oil, are 259,913 kilometers long. The perimeter of the Earth is 40,075 kilometers.

Only $ 98 billion (about three trillion rubles) will be spent on exploration and exploitation of large deposits on the Arctic Sea continental shelf. Larger quantities of hydrocarbons are to be exported to countries in Asia and Latin America.

This will result in an increase in the value of the extracted mineral wealth to 5.6 trillion. dollars, and state budget revenues by 35% – 40%.

In turn, oil production will grow by 6.01 billion. tons (currently 25.2 billion tons), natural gas reserves by 12.6 trillion. cubic meters of carbon by 7.12 billion. tons, uranium by 106 thousand tons, iron ore by 1.6 billion. and gold by 4.07 thousand tons.

Since 2009, the hydrocarbon reserves of the five largest Russian vertically integrated oil companies, accounting for more than half of Russia’s total production (“Rosneft”, “Lukoil”, “TNK-BP”, “Gazprom Neft”, “Tatneft” , rose by about 5.5 billion barrels of oil equivalent (10%) by 2014. The Russian petroleum stock now has 59 billion barrels of oil equivalent.

– Russia owns half of the world’s high uranium stock. He can build thousands of nuclear warheads in a very short space of time.

Russia has 695 tons of high enriched uranium (HEU), most of any other country in the world. The US has the second largest stock in the world at 604 tons.

-The population of Russia was 141,900,000 in 2010 but has already balanced and is expected to increase to 155,000,000 by 2050.

-With 1,163 trillion cubic feet, Russia has the second largest natural gas inventory in the world and it is estimated that these are just 30% of the gas reserves that have been discovered in its territory.

Russia also has 87 billion barrels of proven oil reserves. Enough to last another 75 years. It is estimated that more will be detected over the next ten years in northern Siberia and the Arctic

– It has a high culture in mass transport, a key prerequisite for advancing an economy. Nine million people use Moscow’s subway metro every day and so many in the metro of other cities. These are 50% more times than the metro users in London, Paris and New York together.

“Park Pobedy” is probably the deepest of the Moscow subway system, as it goes down 85 meters below Earth’s surface. And “Vykhino” is the most busy metro station in Moscow.

– The 20 richest people in Russia have a net worth of 227 billion dollars, more than Pakistan’s GDP ($ 215 billion) according to 2014 figures.

– Russian Vaikali Lake holds one fifth of the world’s natural water reserves. On a planet that the wars of the future will be for the water reserves, the existence of Vaikalis is an important asset for Russia’s global role.

-Russia is the planet’s grain. Has the largest wheat production, how to get hungry?

-Our external debt is somewhere in … 17%. The Americans are intergalactic …

On the other hand, Russia has sufficient resources in raw materials and minerals. It is noted that Cobalt is found only in the Congo and Russian territory.

It is no coincidence that the Russians are seeking to obtain large gold reserves. They know that they will be at the very best starting point after a financial disaster that Moscow seems to have given.