POWER SHIFT As Russia Stockpiles Gold! - What You Need To Know (Freedom Minute)
In this video, I do another Freedom Minute update, this time on Russia's stockpiling of gold as they aim to be the world's second largest producer.
Gold and silver have been wealth insurance for thousands of years. They have fundamental subjective value based on scarcity, application use and demand. As the US world reserve currency is on the edge of crashing while the Federal Reserve attempts to prop up the doomed monetary system by raising interest rates, trying to avoid going negative when they inevitably have to drop interest rates dramatically, Russia sees an opportunity.
Russia has been selling US treasuries for years. Russia is in its 39th month of gold additions as the country secures their wealth.
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Russia is the world's third biggest gold miner, but is now looking to double their gold mining making them the second largest gold producer in the world.
Russia isn't the only one. Germany repatriated the second largest sum of gold in history from the Federal Reserve last year. China has been stockpiling unthinkable levels of gold too. All while Canada and Venezuela scrape the bottom of the barrel. Canada already has nearly no gold left in its coffers. Venezuela is looking at running out of gold by next year.
China is of course attempting to create a global centrally planned cashless system, in firm competition against India. All while they attempt to go cashless, the top elites are stocking up on gold. The average, every day person should be looking at that as a signal of what's to come.
All fiat currency eventually reverts to its true value of zero. It always has, it always will going back to 1024AD in China. This time isn't any different. Individuals must decentralize and insure their wealth. Gold and silver aren't meant to be an investment. They insure your purchasing power. When the government is buying up large quantities of gold, they're getting ready for a crisis. This means you as an individual must prepare as well.
One cannot be dependent on the banking system and government to protect you when they depend on your dependence and servitude.
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Thanks for sharing this insights. I wonder what happens after the big crash. What if governments declare private possession of gold and silver as illegal as it has be done before?
Trust me... Your Gold and Silver is safe... The Value may be Measured differently, such as $1 for Silver and $50 for Gold, but it will still be available at Fair Market (Reset) Value... Gold and Silver hold Value... Money is a Tool to measure that Value...
I like Gold, but Gold is not the Key that Resets our Monetary System... Gold will continue to Fluctuate in Value, after the Reset of our U.S. Coinage... I have hundreds of posts on the topic, looking at the Reset from every possible angle...
Excellent excellent excellent reporting by W.A.M. Keep it up!!!!
This is why I say this is a resource war and not one of religious differences , and if you look at a map and just look at at the total land mass that RUSSIA has . They already won . Thats why these arguments that the west try’s to make that PUTIN is land grabbing are utterly ridiculous . Putin already stated that he doesn’t know how he’s going to develop the millions of unexplored acres he has now . Everything could be in there from coal to gold to silver platinum , titanium , lithium really the sky is the limit . The west is largely the void of any real resources . And stealing for them is better then finding and having .