Something BIG Going On In Russia RIGHT NOW: Imminent Launch Of The Russian Silver Rouble?


from SilverDoctors:

This was going to be about “helicopter money” because a ton of precious metal literally fell out of a Russian plane. But now its way more than that…

Please connect the dots below, but first, please do this math:1+1+1+1=? (Answer: 4, every day of the week).

While it has been known that China and Russia are relentlessly stacking gold, a recent turn of events point to something big going on under the surface with silver.

First the background (and the first “1” in our mathematical equation):

Two summers ago, Hugo Salinas Price gave a presentation in St Petersburg, Russia about silver.

Here’s some of what he said:

The Russian silver coin to be monetized would contain 1/2 ounce of pure silver, alloyed to .900 or .916 purity, for durability.

The silver coin would be minted and monetized in Russian roubles by the Treasury of the Russian Federation, by a monetary quote issued by the Treasury. The coin would bear no stamped monetary value.

The monetized silver coin would become a parallel currency, which would circulate in parallel with the rouble currency issued by the Russian Central Bank. The Silver Rouble coins would form part of “M-0” (“M-zero”) which is the narrowest gauge of money supply. Thus M-0 would be made up of Russian Silver Rouble coins, along with the banknotes and base-metal coins issued by the Central Bank.

For the Russian Silver Rouble coin to remain in circulation as money, and form part of M-0 indefinitely, it would be indispensable that the coin receive its monetary value in roubles by means of a “monetary quote” which would be issued by the Treasury. This quote would be communicated to the population daily by the Media. Otherwise, a traditional stamped value on the coin in roubles would soon be surpassed by rises in the price of silver and the coin would be demonetized, as were all its predecessors in the last century.

The creation of the Silver Rouble coin would mark an important precedent, because at present, no government in the world issues currency: all governments have abdicated from that right, in favor of their respective Central Banks, each of which belongs to the world-embracing syndicate of Central Banks headed by the Federal Reserve of the USA.

The present worldwide system of Central Banking has exhausted its possibilities, as is evident in the fact that 17 countries in the world are now suffering “negative interest rates”, that is to say, interest rates below zero for large depositors in banks, which amount to a punishment on savers. The “negative interest rate policy” is a logical aberration and serves to demonstrate the intellectual bankruptcy of the world’s Central Banking System.

The economies of the world are in a slump and there is not one country in the world that is enjoying a worry-free prosperity.

It is time for a change, and the Silver Rouble coin would mark a necessary change, because a) The creation of the Silver Rouble coin by the Treasury of the Russian Federation would signify that Russia affirms its sovereign right to create money, a right which has been usurped by the Central Banks of the world, and b) because its monetary value in Russian roubles would reside in the value of the silver it contains.

His whole speech can be found by following that link. I just wanted to present enough to make the point.

Now on to the second “1” (1+1):

Tie Hugo’s presentation in to those sweet pics we saw of Russia’s stack, and what was there to notice?

That’s right: The Russians have been busy stacking mad amounts of silver:

Read More @