Tag Archives: Gold-Backed Currency

In the next two months, China will roll out a gold-backed currency that will signal the beginning of the end of the US petrodollar.

Venezuela just announced they will no longer accept US dollars for oil, as Russia and China create a system to bypass US petrodollar hegemony.

The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency.

For attempting to compete with the Western central banking system - Gaddafi was snubbed out by NATO.