Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Checkmate: Is Russia Selling Oil For Gold?
SilverDoctors ^ | December 19, 2014

Posted on 12/19/2014 10:05:33 AM PST by Strategy

Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future.

No matter how strange it may seem, but right now, Putin is selling Russian oil and gas ONLY for physical gold.

How long will the West be able to buy oil and gas from Russia in exchange for physical gold?

And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?

(Excerpt) Read more at silverdoctors.com ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News
KEYWORDS: china; economy; goldbugs; nuttery; obama; putinsbuttboys; ruble; russia; sovietunion; tinfoiledagain; tinfoilery; vladtheimploder
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last
To: Strategy

So the Chinese and Russians are collapsing their economies for what?


41 posted on 12/19/2014 4:29:23 PM PST by Thunder90 (All posts soley represent my own opinion.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: winoneforthegipper

China and Russia have been buying up gold like crazy recently.


42 posted on 12/19/2014 4:30:20 PM PST by Thunder90 (All posts soley represent my own opinion.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Nervous Tick

“And what will happen to the US petrodollar after the West runs out of physical gold”
Well, we could always sell some that German, or Ukrainian Gold we are holding for them....

OH....
WAIT...


43 posted on 12/19/2014 5:02:57 PM PST by tcrlaf (They told me it could never happen in America. And then it did....)
[ Post Reply | Private Reply | To 5 | View Replies]

To: kidd
"This has all the earmarks of a pending depression..."

Or more like a pending World War....

44 posted on 12/19/2014 5:07:10 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
[ Post Reply | Private Reply | To 11 | View Replies]

To: Strategy

Say goodbye to the petro dollar.

The US public is about to discover that Fort Knox is empty. Ask Bill Clinton where it went.


45 posted on 12/20/2014 4:05:30 AM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
[ Post Reply | Private Reply | To 1 | View Replies]

To: thackney

What caused the crash in the early 70’s before the embargo?


46 posted on 12/20/2014 6:03:21 AM PST by ecomcon
[ Post Reply | Private Reply | To 12 | View Replies]

To: ecomcon

What I remember is the devaluation of the dollar, which occurred at roughly the same time as OPEC’s changing of the price of oil.

Prior to the change in oil price, if I recall my history correctly, oil was going for something under $3.50 per barrel, although I am not certain of Berri crude.

At that time, I knew someone who worked for the CEO of one of the ‘Seven Sisters’ of oil companies. He spoke of a meeting in Canada, during which time, an agreement on price fixing took place.

The Yom Kippur war also happened at this time.

It was a conflagration of events.


47 posted on 12/20/2014 6:22:07 AM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
[ Post Reply | Private Reply | To 46 | View Replies]

To: Strategy

The checkmate would be on himself. Buying countries will run out of gold before he runs out of oil, then he’s got a bunch of oil he can’t sell, and a bunch of gold that’s basically useless.


48 posted on 12/20/2014 6:26:57 AM PST by discostu (The albatross begins with its vengeance A terrible curse a thirst has begun)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Greetings_Puny_Humans
we are nowhere near the level of degeneracy as is seen in Russia.

I overstated a little. :)

49 posted on 12/20/2014 9:44:40 AM PST by itsahoot (Voting for a Progressive RINO is the same as voting for any other Tyrant.)
[ Post Reply | Private Reply | To 36 | View Replies]

To: dfwgator

Oh yeah this go back to old Soviet Union days


50 posted on 12/20/2014 11:16:53 AM PST by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Strategy

>>And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?

Drill for our own oil. Manufacture our own goods. You know...be self-sufficient instead of a revenue center for globalists. Then, we could have full employment and actually NEED all those immigrants that Obama wants to give amnesty to.

Then, the rest of the world can come kiss our butts for the food and technology that we can produce.


51 posted on 12/20/2014 6:06:45 PM PST by Bryanw92 (Sic semper tyrannis)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GilGil
>>The difference between the USA and Russia is that the Russian people are not panzies

And the metrosexual woosification of the American McSheeple is a strategic result of...

"According to my opinion, and the opinions of many defectors of my caliber, only about 15% of time, money, and manpower is spent on espionage as such. The other 85% is a slow process which we call either ideological subversion, active measures, or psychological warfare. What it basically means is: to change the perception of reality of every American that despite of the abundance of information no one is able to come to sensible conclusions in the interest of defending themselves, their families, their community, and their country.
 
It's a great brainwashing process which goes very slow and is divided into four basic stages.
 
The first stage being "demoralization".
 
It takes from 15 to 20 years to demoralize a nation. Why that many years? Because this is the minimum number of years required to educate one generation of students in the country of your enemy exposed to the ideology of [their] enemy. In other words, Marxism-Leninism ideology is being pumped into the soft heads of at least 3 generation of American students without being challenged or counterbalanced by the basic values of Americanism; American patriotism. "
 
--KGB Defector Yuri Bezmenov
--Soviet Subversion of the Free Press (Ideological subversion, Destabilization, CRISIS - and the KGB)
 
http://www.freerepublic.com/focus/news/2095202/posts

52 posted on 12/21/2014 5:38:06 AM PST by HLPhat (This space is intentionaly blank.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Greetings_Puny_Humans

>>we are nowhere near the level of degeneracy as is seen in Russia

http://www.google.com/#q=wolf+of+wall+street

If not, then evidently some folks are working really hard at catching up.


53 posted on 12/21/2014 5:41:40 AM PST by HLPhat (This space is intentionaly blank.)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Strategy

LOL ! What a load of bullshits.


54 posted on 12/21/2014 9:29:47 AM PST by Grzegorz 246
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nervous Tick

Doesn’t the west have its own supplies of oil and gas? Why do we have to buy from Russia? And no gold to buy CHinese goods. That may not be a bad thing either. IF nobody has money to buy their goods, then maybe their economy will sink a notch.


55 posted on 12/21/2014 1:27:29 PM PST by a real Sheila (R.I.P AMERICA 1776 - 2012)
[ Post Reply | Private Reply | To 5 | View Replies]

To: HLPhat
If not, then evidently some folks are working really hard at catching up.

Key word: "Some." In Russia, it is normal, and the "some" are the Russians who usually get out of that country first chance they get.

56 posted on 12/21/2014 4:29:23 PM PST by Greetings_Puny_Humans (I mostly come out at night... mostly.)
[ Post Reply | Private Reply | To 53 | View Replies]

To: sagar

” Let them eat gold.”

Exactly.


57 posted on 12/22/2014 8:00:41 AM PST by stephenjohnbanker (The only people in the world who fear Obama are American citizens.)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Greetings_Puny_Humans

>>Key word: “Some.”

How much “some” of the derivative toilet paper presently floating in the global economic sewer system originated in Russian subprime loans?

Meanwhile in reality land:

http://www.zerohedge.com/news/2014-09-25/5-us-banks-each-have-more-40-trillion-dollars-exposure-derivatives

How ‘bout “some” OOOPS!


58 posted on 12/22/2014 5:54:26 PM PST by HLPhat (This space is intentionaly blank.)
[ Post Reply | Private Reply | To 56 | View Replies]

To: HLPhat

Zerohedge? Reality land? They’ve been predicting doomsday for years, and their comments section is a cesspool of loons.

Either way, I’m not sure how this makes the United States more evil than Russia.


59 posted on 12/22/2014 6:04:26 PM PST by Greetings_Puny_Humans (I mostly come out at night... mostly.)
[ Post Reply | Private Reply | To 58 | View Replies]

To: Greetings_Puny_Humans

>>Zerohedge? Reality land?

http://www.google.com/?gws_rd=ssl#q=hundred+trillion+derivative

How’s the former Ambassador to the Netherlands (and coinkidinkly the Godfather of Subprime) doing these days super genius?

Got AAA Arsepaper?


60 posted on 12/22/2014 6:12:33 PM PST by HLPhat (This space is intentionaly blank.)
[ Post Reply | Private Reply | To 59 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson