Putin says dump dollar

 

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries.

This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries of the former Soviet Union.

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Away From Dollar: Russia, China to Create Entirely Different Gold Market

Sometime in the short-term of mid-term future, China and Russia will come out and say “We have all (or most) of the world’s gold. We will now make the rules.”

This also could be the “event” that a lot of experts are talking about regarding late September and early October crisis predictions. Former Reagan advisor, Martin Armstrong predicts October 1st, 2015 (2015.75) as a turning point in world history, for example.

Ironically, this article comes from a state-run source, which could be the Kremlin’s own way of dropping a hint.

 

While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. William Engdahl underscores.

Key central banks, particularly the Federal Reserve and Bank of England, and Western market players have long been accused of clandestine gold price manipulating aimed at preserving the dollar’s role “as world reserve currency primus,” American-German economic researcher and historian F. William Engdahl writes.

“The COMEX gold futures market in New York and the Over-the-Counter (OTC) trades cleared through the London Bullion Market Association do set prices which are followed most widely in the world. They are also markets dominated by a handful of huge players, the six London Bullion Market Association gold clearing banks — the corrupt JP MorganChase bank; the scandal-ridden UBS bank of Zurich; The Bank of Nova Scotia — ScotiaMocatta, the world’s oldest bullion bank which began as banker to the British East India Company, the group that ran the China Opium Wars; the scandal-ridden Deutsche Bank; the scandal-ridden Barclays Bank of London; HSBC of London, the house bank of the Mexican drug cartels; and the scandal and fraud-ridden Societe Generale of Paris,” Engdahl narrated.

Furthermore, Western banks are issuing numerous paper “gold-futures” and other speculative contracts which are in fact disconnected from real physical gold. Continue reading

China Seeks Joint Pacific Security Vision With Russia

One Clenched Fist, as warned about by JR Nyquist years ago — or, as the Bible tells us in Ezekiel 38 and 39, the invaders from the North. The world-war axis (SCO) is on the rise, America is in suicidal decline in every way possible, and the sword is coming.

 

China & Russia align strategies against US: Global Times

Although they are far from being true allies, they have one goal in common: Exterminate America (See also HERE). “The enemy of my enemy is my friend.” describes perfectly the real relationship. In real life, there are no allies, just interests.

As JR Nyquist mentioned years ago, One Clenched Fist is what will be used to carry out their goal. This is why you should also be concerned about economic crashes since the blame is always shifted outward, and sometimes by means of war.

What’s worse is nobody noticed what was going on right under their nose, or if they did, cared to do something, until it was too late. And now… It’s too late. Their economic and military infrastructure have been set up. America has complacently crossed the Rubicon without knowing and the die have been casted.

Say hello to your future neighbors, Mr. Chang and Boris… if you last that long.

 

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China and Russia are aligning their strategies to team up against the United States, according to a commentary by the Global Times, a tabloid under the auspices of the Communist Party mouthpiece People’s Daily.

Following more than two decades of development, bilateral relations between China and Russia have reached a new phase, the July 18 commentary said, adding that China now considers Russia an irreplaceable partner for all its key strategies. Continue reading

Russia, China agree to integrate Eurasian Union, Silk Road, sign deals

Russia and China have signed a number of energy, trade and finance deals on Friday aimed at strengthening economic ties. The two countries have multiple mutual projects which “achieved a unity of views on a wide range of issues.”

Russian President Vladimir Putin and Chinese leader Xi Jinping have signed a decree on cooperation in tying the development of the Eurasian Economic Union with the “Silk Road” economic project. Continue reading

Russian Parliament Speaker Calls for Talks on EEU-EU Integration

The time has come to begin consultations on integration of the European Union with the Eurasian Economic Union (EEU), said the speaker of the State Duma, Russia’s lower house of parliament.

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Greece May Sign Russia Gas Deal As Soon As Today

According to Gazprom’s CEO comments on Greek TV, following his meeting with Greek PM Tsipras, Russia will guarantee 47BCM/YR of gas via Greece with the link to be built by a Russian-European group at a cost of around €2 billion.

First, talks with Russia on extension into Greece of Turkish Stream pipeline are positive, will continue with aim of concluding “soon,” Greek Energy Minister Panagiotis Lafazanis says in comments broadcast live on state-run Nerit TV. Continue reading

SCO awaits expansion

EU Will Be Sliced Into Three Pieces, Claims Serbian Politician

President of the Democratic Party of Serbia stated that future of the European Union lies in at least three fragmented alliances around influential centerpieces.

MOSCOW (Sputnik), Anna Liatsou – The future of the European Union lies in at least three fragmented alliances around influential centerpieces, Sanda Raskovic Ivic, President of the Democratic Party of Serbia, told Sputnik.

“The EU will one day eventually fall apart on at least three alliances,” Raskovic Ivic said. Continue reading

Egypt Reaches Free Trade Agreement With Eurasian Economic Union

CAIRO (Sputnik) — Egypt has reached a free trade zone agreement with the Russian-led Eurasian Economic Union (EEU), Egyptian President Abdel Fattah Sisi said Tuesday at a joint press conference with Russian President Vladimir Putin.

There was more than $4.5 billion of trade between Russia and Egypt in 2014, a more than 80 percent increase on the year before, said President Putin. Free trade agreement means that the markets of Russia, Belarus, Kazakhstan, and Armenia will be more easily accessible for Egyptian products and vice versa. Continue reading

War by Other Means (II)

BERLIN/KIEV/MOSCOW (Own report) – German Chancellor Angela Merkel is convinced that the West will be “victorious” in the power struggle with Moscow. Merkel told the Munich Security Conference on the weekend that the Ukraine conflict “cannot be won” with military means. That is why “a new way must be found.” Comparing the current power struggle to the Cold War, she reaffirmed, “I am a hundred percent convinced that, with our principles, we will win.” Earlier, Wolfgang Ischinger, Chairman of the Munich Security Conference, had expressed a similar view proposing that a “double strategy” be applied in the West’s power struggle with Russia. According to the journal of the German Council on Foreign Relations (DGAP), the power struggle, which currently cannot won with military means, should be returned “from the military to the economic level.” To this effect, Berlin has launched a diplomatic offensive that should lead to talks in Minsk on Wednesday.

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China Proposing to Establish Free Trade Zone With Eurasian Economic Union

BEIJING, (Sputnik) — China offered to establish a free trade zone with the Eurasian Economic Union in the future, Russian Ambassador to China Andrei Denisov told RIA Novosti. Continue reading

Division of Labor for Aggression

KIEV/BERLIN/WASHINGTON (Own report) – With informal talks on Ukraine at the Munich Security Conference approaching, German foreign policy makers are not ruling out their approbation for US arms deliveries to Kiev. Initiatives from within US government circles in Washington, to contemplate supplying anti-armor weapons and drones to the Ukraine’s military, are considered by Wolfgang Ischinger, Chairman of the Munich Security Conference, to be “appropriate and important.” German parliamentarians – in spite of the Chancellor’s negative announcements – have made similar declarations. Washington’s contemplations are based on the fact that Kiev has so far proven incapable of leading the West to victory in Ukraine’s civil war. Some of Kiev’s troops are in a desolate condition. Desertion is on the rise, as well as protests against the murderous combat. For western states, official delivery of lethal weapons to Ukraine is considered an option for turning the tide on the battlefield. Security Conference Director, Ischinger, finds a “division of labor” between Washington and Berlin conceivable.

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Mercosur Wants to Expand Cooperation With Eurasian Economic Union

Argentine Ambassador to Russia Pablo Anselmo Tettamanti says the Eurasian Economic Union (EEU) is an important partner for Argentina, and Mercosur wants to continue developing cooperation with their Eurasian partners. He also added that Russia is discussing new investment opportunities with Argentina.

According to the ambassador, Argentina facilitated significant progress in reaching an agreement between Mercosur and the Eurasian Economic Union in the last six months of 2014. A number of meetings held in Moscow and Buenos Aires have led to the creation of a draft cooperation agreement in the economic and trade spheres between the two regional trading blocs. Continue reading

War by Other Means

MOSCOW/BERLIN (Own report) – Prominent German foreign policymakers are proposing that a “double strategy” be applied in the West’s power struggle with Russia. According to Wolfgang Ischinger, Chairman of the Munich Security Conference, the West should continue to demonstrate a “position of strength.” However, because, at this time, Moscow obviously cannot be subdued by a policy of pure confrontation, a new phase of engaging Russia should be initiated. Talks on EU cooperation with the newly established Eurasian Economic Union could be envisaged. Such a cooperation would return the rivalry “between Russia and the West to the economic field, from that of the military,” according to experts. Last week, Chancellor Angela Merkel had already floated such an option. At the same time, aggression against Russia continues. A US rating agency has just downgraded Russia to “junk level.” Additional measures are in discussion.

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