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Russia To Increase Silver Holdings In State Fund

Smithys Bullion - FINE GOLD AND SILVER
ozcopper

ozcopper

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Earlier this week a report came out that in Russia's new draft budget, "the plan is to acquire refined gold, silver, platinum, and palladium to increase the share of highly liquid assets in the state fund."

This would be one of the first public moves by a government or central bank to increase holdings of silver as a form of reserves. And to find out more, click to watch the video now!

 
Whose the woodwork teacher on the video thumbnail and why is he wearing a suit? Did a lathe malfunction and hurt a yr 8 kid now he has to go to court? And what does a woodwork teacher testifying in court have to do with silver? I dont understand?
 
The BRICS members are probably demanding this as a strategy plan, as these metal's are manipulated by outside forces they have no control over at the moment. Strategic volume's and no supply' to other nations makes this method a masive weapon against the USD. BRICS is a new power house that could bring the wallstreet whores down. The US needs to lookup and take notice.
 
the rest of the world outside usa, no longer taking dollars, IRAQ mad it illegal anyway
first nobody wants it
many rejected it
it is such a stinking dollar
Trump think he can force people to love
simply put it, your time is up ! green dollar

www.rt.com

Russian court freezes assets of JP Morgan

A Moscow court has ordered the arrest of nearly $1 billion in funds being held in Russia by two US banking majors
www.rt.com www.rt.com

Russian court freezes assets of JP Morgan​

Nearly $1 billion held by two US banks in the country has been blocked
 
Yes, that greenback is toxic. When it fails poof the world turmoil rules unless you have silver or gold.
 
When your country's consumption exceeds supply, it makes sense to have strategic reserves.
 
When you don't take usd anymore, set it in your trade term, selling for Yuan ONLY. OR GOLD!!!
 
BRICS will destroy the usd with their own currency! It will be a very interesting transition when it happens.The USD is toxic! The Spanish did it the Dutch did it the Roman's did it the English did it the French did it... and so on.
 
Silver Soul said:
BRICS will destroy the usd with their own currency! It will be a very interesting transition when it happens.The USD is toxic! The Spanish did it the Dutch did it the Roman's did it the English did it the French did it... and so on.
Click to expand...
It's potential digital token. The rise of BRICS and demise of USD brings us a step closer to a global digital currency. Although the USD is junk, and a BRICS currency as they claim it to be (backed by commodities) shows a lot of promise, it's purported to be exactly what the globalist want, and any celebration of the fact may be premature and/or misplaced.
 
BRICS will not be an IOU fiat system. Instead I invisage a country will buy credits in either gold or silver or a documented trade of some kind in other assets to enter the group. It's just my take on it so far
 
Digital or not, its a block chains system that promote transparancy in commodities markets for its members, and free from manipulations. The opposite of current corrupt system and manipulated silver price :)
 
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