[youtube]https://www.youtube.com/watch?v=LgagM_yvHL4[/youtube]
You can see here that economic powerhouse nations like Germany recently imported half their gas demand from Russia in 2020.
A day following that declaration, the Russian head of the State Duma Energy Committee Pavel Zavalny stated publicly, ?We provide real resources, but we can?t use fees for them. As soon as the euro and the dollar ceased to be means of payment, they lost interest for us. The rate is calculated in hard currency (#Gold) or in a currency convenient for us.?
He went on to state, ?They won?t pay for gas, this gas simply won?t be available.?
So for ?unfriendly countries? trying to buy gas from Russia, the choice of payment is apparently now gold and or Russian rubles.
Naive politicians in the west, including many here in the USA, are supposedly trying to sanction Russian gold reserves from being used in international payments.
Never mind that Russia?s over 70 million ounces of official gold bullion reserves reside within its respective borders, not held in risk-laden vaults of New York or London.
For a quick illustration of how misguided average Americans are on the matter, here?s a recent 90-second mainstream news clip laden with errors and mistakes. See how many you can spot as they are being made.
Pause, banned by who? She pointed at the fiat Chinese yuan image calling it the Japanese yen, a big difference in the USA?s sphere of influence. Nations like China, India, Saudi Arabia, Turkey, etc? they can choose to ignore these Russian gold sanctions and will likely do business with Russia in gold as the years and decades progress.
More misinformation continues?
Nope, Russia has been consistently transparently stockpiling additional official gold bullion reserves since 2006 through 2019 in earnest. About $144 billion in present-day gold spot price value.
This is not to trivialize the crisis that likely by now is over 3 million Ukrainian refugees pouring out and mostly into other European Union nations. An exodus on a size and scale not seen throughout this full fiat currency era.
While visiting Europe this week, US President Biden admitted food shortages are coming to the world at large.
Only days prior, while speaking to the Business Roundtable, US President Biden acknowledged the 4th Turning and a massive secular change afoot in the global economy.
What he likely means by the ?New World Order? likely involves an increased sphere of multipolar influence powers not unipolar US dominant as it has been since the end of World War 2.
Last week, our very own SD Bullion CEO Tyler Wall spoke with the #WallStreetSilver channel about the recent change in the physical bullion market buyer profile. Apparently not merely hardcore bullion stackers are buying, but new average investors are also stacking. Ones who inherently know that bullion is a buy at the present time.
I?ll leave his full 15-minute interview in the show notes and comments below if you missed it.
Silver Supply Extremely Tight - Tyler Wall, CEO of SD Bullion
https://youtu.be/S3Cyfk92ySw
Further along in that interview, again linked below, Tyler speaks to the latest #Silver planchet shortage at the US Mint which has set off an overall diminishment of silver bullion product supplies from sovereign silver bullion coins, rounds, and bars. Dealers defend their dwindling silver bullion supplies by increasing product premiums as a result.
At the moment, it's becoming difficult to find small retail 1 oz and 10 oz fine silver bullion products priced below $30 oz.
We got evidence today that silver bullion demand in Europe is also booming of late. This image taken just outside of the Austrian Mint showing lines forming for bullion buyers is becoming a regular occurrence there now: https://twitter.com/jameshenryand/sta...
Then again, what we are seeing today is nothing compared to the rush of demand spikes likely to come when fiat currency stores of value get called into critical questioning by the larger mass of investors.
Getting prudently positioned ahead of that will be key in preserving wealth and purchasing power long term.
That is all for this week.
You can see here that economic powerhouse nations like Germany recently imported half their gas demand from Russia in 2020.
A day following that declaration, the Russian head of the State Duma Energy Committee Pavel Zavalny stated publicly, ?We provide real resources, but we can?t use fees for them. As soon as the euro and the dollar ceased to be means of payment, they lost interest for us. The rate is calculated in hard currency (#Gold) or in a currency convenient for us.?
He went on to state, ?They won?t pay for gas, this gas simply won?t be available.?
So for ?unfriendly countries? trying to buy gas from Russia, the choice of payment is apparently now gold and or Russian rubles.
Naive politicians in the west, including many here in the USA, are supposedly trying to sanction Russian gold reserves from being used in international payments.
Never mind that Russia?s over 70 million ounces of official gold bullion reserves reside within its respective borders, not held in risk-laden vaults of New York or London.
For a quick illustration of how misguided average Americans are on the matter, here?s a recent 90-second mainstream news clip laden with errors and mistakes. See how many you can spot as they are being made.
Pause, banned by who? She pointed at the fiat Chinese yuan image calling it the Japanese yen, a big difference in the USA?s sphere of influence. Nations like China, India, Saudi Arabia, Turkey, etc? they can choose to ignore these Russian gold sanctions and will likely do business with Russia in gold as the years and decades progress.
More misinformation continues?
Nope, Russia has been consistently transparently stockpiling additional official gold bullion reserves since 2006 through 2019 in earnest. About $144 billion in present-day gold spot price value.
This is not to trivialize the crisis that likely by now is over 3 million Ukrainian refugees pouring out and mostly into other European Union nations. An exodus on a size and scale not seen throughout this full fiat currency era.
While visiting Europe this week, US President Biden admitted food shortages are coming to the world at large.
Only days prior, while speaking to the Business Roundtable, US President Biden acknowledged the 4th Turning and a massive secular change afoot in the global economy.
What he likely means by the ?New World Order? likely involves an increased sphere of multipolar influence powers not unipolar US dominant as it has been since the end of World War 2.
Last week, our very own SD Bullion CEO Tyler Wall spoke with the #WallStreetSilver channel about the recent change in the physical bullion market buyer profile. Apparently not merely hardcore bullion stackers are buying, but new average investors are also stacking. Ones who inherently know that bullion is a buy at the present time.
I?ll leave his full 15-minute interview in the show notes and comments below if you missed it.
Silver Supply Extremely Tight - Tyler Wall, CEO of SD Bullion
https://youtu.be/S3Cyfk92ySw
Further along in that interview, again linked below, Tyler speaks to the latest #Silver planchet shortage at the US Mint which has set off an overall diminishment of silver bullion product supplies from sovereign silver bullion coins, rounds, and bars. Dealers defend their dwindling silver bullion supplies by increasing product premiums as a result.
At the moment, it's becoming difficult to find small retail 1 oz and 10 oz fine silver bullion products priced below $30 oz.
We got evidence today that silver bullion demand in Europe is also booming of late. This image taken just outside of the Austrian Mint showing lines forming for bullion buyers is becoming a regular occurrence there now: https://twitter.com/jameshenryand/sta...
Then again, what we are seeing today is nothing compared to the rush of demand spikes likely to come when fiat currency stores of value get called into critical questioning by the larger mass of investors.
Getting prudently positioned ahead of that will be key in preserving wealth and purchasing power long term.
That is all for this week.
