Russia’s Central Bank’s Big News; and it is a Zinger.

In a move guaranteed to set the cat among the pigeons Russia’s central Bank has announced the Ruble currency will be pegged to gold. The rate will be set at 5,000 Rubles per gram of gold bullion.

The conversion rate of Rubles to U.S. Dollars will be 100 Rubles, to one US Dollar.

Russia just wiped out about thirty percent (30%) of the value of the US Dollar, worldwide, when it comes to Gold Bullion.

Worse still, because Russia will only sell its oil and gas in Rubles, and Rubles are now fixed at 5,000 Rubles per gram, anyone wishing to buy Oil or Gas will need to either pay in Rubles or Gold.

Which means that they won’t get the US Dollar value for the gold they tender in payment?

Now you do the math; there are 32 grams in each TROY ounce. 32 grams times 5,000 rubles per Gram is 160,000 Rubles.

Remember the last guy who bumped up against the Fiat Financial System when he tried to back his currency with gold? His name was Muammar Quadaffi of Libya.

NATO went into Libya, bombed the shit out of it, until the people of Libya grabbed Quadaffi on the street, beat him bloody, and put a bullet in his head.

Not to mention the other vile acts carried out on his person.

As of this hour, 10:39 PM EDT, Bankers all over the world are on the phone with each other and with heads of state.

They will instruct them that World War Three must commence immediately.

Europe who relies on Russian Gas and Oil will now have to buy Rubles from Putin using Gold; or pay for the Oil and Gas with Gold itself.

Foreign countries holding Dollar Debt Notes in Reserve will see an immediate effect; and will want to start dumping them in favor of something more stable; something that holds its value.

Is it any wonder that Biden was on stage last week calling for Regime change in Russia?

And people are about to get very angry, especially when the effects of all this start biting.

Meanwhile we are hearing that India is ready to bypass the dollar in trade with Russia.

They have set up a system that allows for direct Rupee-Ruble payments; for trade between the two of them.

And it could even be launched this week.