Russia Leaving Global Banking System: Dumping US Dollar for Gold

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global banking

Russia is one of the more powerful nations in the world.  With the power, however, comes enemies. One of its enemies has a slight financial hold over Russia, and that power comes in the form of Dollars. The relationship between the east and west is now at a stalemate; Moscow’s reaction to western encroachment and accusations comes from President Vladimir Putin, who has proposed to withdraw the Russian state from the international banking system, moving towards a more traditional gold-based system.

Russia isn’t alone in this. BRICS nations such as Brazil, India, China, and South Africa are all planning their exit from the international banking mafia for more financial independence.

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Image Source: Google Image – Bank of Russia headquarters in Moscow.

However, for President Putin, the threat came in the form of the Worldwide Interbank Financial Telecommunication system, or the SWIFT system, which allows easy transfer of money internationally, such as via American express. The problem, however, is the international banks are threatening to bar Russian access from this system if they leave the ‘big club.’

Many economists have informed the world leaders of the consequences facing them if they remove Russia from the SWIFT system. Ewald Nowotny, an economist and a policy maker for the European Central Bank highlighted how if Russia is removed from the SWIFT system international companies conducting business in Russia will be the first to suffer.

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Image Source: Google Image – The Eccles Building in Washington, D.C., which serves as the Federal Reserve System’s headquarters.

However, according to Elvira Nabiullina, a Russian economist and former economic advisor to President Putin and the head of the Central Bank of Russia, if Russia is removed from the Worldwide Interbank Financial Telecommunications then Russia’s banks won’t collapse. She explained how they have devised a new system that will continue operations in the SWIFT format and will work as an alternative for the country.

According to a report published last year, more than three hundred banks in Russia have adopted the SWIFT alternative – the System for Transfer of Financial Messages, or SPFS as the Russians call it.

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Image Source: Google Image – The World Bank Group headquarters building in Washington, D.C.

Furthermore, to enhance the SPFS system, Russia’s Central Bank’s first international branch in Beijing was opened, and the Chinese opened a financial institution in Russia to strengthen the financial relationship between the two nations and the beginnings of the ‘de-dollarization’.

As for the Federal Reserve and other international financial institutions that trade in non-physical currency and futures, and all other riskier practices; are now buying bulk quantities of physical gold – leaving their old practices behind.

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Image Source: Google Image – Daqing Bank’s Dalian Branch (1910), now Dalian branch of China CITIC Bank

According to Mac Slavo who writes for SHTFplan, the NGOs ran by Soros have been questioned and kicked out, along with Rothschild establishments.

“It seems that only all out war will ever settle these power plays for the dominance or death of the U.S. petrodollar, which is ultimately controlled by the same few hands that steer and control the central banks of nearly all the world’s nations,” wrote Mac Slavo. “Only by stealth and monotony have these activities remained in the shadows.”

Source: The Free Thought Project, China Daily, RT.


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17 COMMENTS

  1. Please let PRESIDENT PUTIN know that I & many other AMERICANS are AWAKENING to these PUPPET MASTERS & lil puppets behind the scenes & the TRUMPSTER, who DECIEVED CHRISTIANS & BLASPHEMY SPEWS FROM His mouth of venom, tho many are still asleep & are being manipulated BRAINWASHED, SHEEPLE, hating every race, RELIGION CREED SEX POLITICAL WARFARE, whatever else, they are going to cause MARTIAL LAW & our Constitutional RIGHTS will be null & void, guns ammo food water shortage massive riots beatings burning things, chaos & FEMA DETENTION CAMPS OR CONCENTRATION CAMPS, FOR AMERICAN TERRORIST GROUPS, like CHRISTIANS, Jews, blacks, MUSLIMS, WHO ever. PRESIDENT PUTIN, you are a true CHRISTIAN, a mighty warrior, that great BEAR. Don’t forget about us here, it’s crazy, this is not my AMERICA, this is hell. They have opened the abyss & the Saints SHALL fight W/ our swords of rightousness & slay the false prophet & we want no FEDERAL RESERVE, NO MORE FIAT PAPER CRAP. We need your help, these evil DEMONS will pay, even W/ their own lives, sacraficing INNOCENT BABIES, to MOLECH. Blood thirsty DEMONS. Help us AWAKE to reality, not these EMP ATTACKS on our minds & brains & conscience. It’s like Hitler is cloned into TRUMP. Plz help us, PRESIDENT PUTIN, I have always known you were not the bad, mean, murderer , many said you were, God blessed me with DISCERNMENT, & I did fail W/ TRUMP, but I knew you were different , you were chosen to save & CHANGE THE WORLD from enslavement, to real freedom & liberty & PEACE. You were chosen before you were formed in your mother’s womb, to be the MIGHTY WARRIOR, AFRAID OF NOTHING, BECAUSE IF GOD IS FOR YOU, WHO CAN STAND AGAINST YOU??? I love you PRESIDENT PUTIN, as a CHRISTIAN. ‍‍‍☝⛪⛴✈⏳⛈❄⚽⚖⚖☢☣⬆✡☮✝☸⚛. VIVA RUSSIA. VIVA PUTIN!!!

  2. By Universality of MAJESTY OF LAW, World Humanity ALIGN with Kingdom Filipina Hacienda KFH of MAHARLIKHAN Tribe for REDEMPTION and Genuine SOVEREIGNTY. NO governments of man are capable of handling DIVINE Wealth or it will cause Humanity’s destruction. It takes DIVINE Government empowered by the Laws of GOD, the only Cure even for America’s State of Emergency and Declaration of Bankruptcy. KFH empowers World landmark IPRA Law (Indigenous People’s Rights Act) since Time Immemorial the Laws of GOD, Mother Title OCT 01-4 (greater than King Solomon), Federal Reserve World Atlas and Documents (FEM: winner takes all), Secret Book of Redemption of Treaty of Paris revealed through DIVINE Highlights the Owner once lost now Found HRM Salvacion Legaspi Y Espiritu Santo prophesied by Christ more than 2000 years ago (Matt. 12:42) as the QUEEN OF THE SOUTH of Legitimate One World DIVINE Government KFH. https://www.youtube.com/watch?v=IjbqKgYwvhk&feature=youtu.be

  3. Why does it always come back to religion? Religion wasn’t even even mentioned once in this entire article and yet somehow it went from Russia leaving the global banking system to Putin being a true Christian. I understand 75% of Russia’s population belongs to Orthodox Christianity, but come on, keep the conversation relevant. And for GOD’S sake use comma’s so that people don’t think that you are coming up will non-existent terms. And as for hate of sex, which I will in this case assume you mean gender identification as to be as clear and specific as possible, Rumors are that people who aren’t heterosexual in Russia, aren’t very appreciated. I hate to speculate on rumors, but they are they.

  4. Ithink its about time to free ourselves from this Wetern Mafias,Bricks is the future for us in Africa’ particular South Africa

  5. We are all in this together. The source is with us always. This year we shall be witness to the historic disclosure of events. We humans are not the only ones working for Earth’s liberation. We are not alone. Do the research and have an open mind, but maintain a positive high vibration.

  6. America rose to prosperity early in it’s history because of property protection. the attack on private property started with the beginning of property taxes. Now, if taxes are not paid, property is forfeit. we no longer own property, we are merely renters.

  7. This has been the plan all along, to get out of the dollar. This is not new! China amassed a fortune in gold there is only speculation on the amount , and told the Chinese to do so as well. They are planners slowly moving into power by negotiating, buying real estate, and buying businesses and no weapons are used. The writing is on the wall . Whoever holds the most gold , holds the most wealth. Russia has done the same amass gold. India too, but Canada sold most of theirs . The big Z game is dying and they want a big bad war about it so, because when your a sniveling, greedy addiction coward, you will let other fight your battles . And raise up our military and act like it is yours for hire, These madmen and all their dastardly deeds, are attempting to lead us right towards an ELE , extinction level event because that is what and who they are. Trump has been totally duped and he is going back on his promises, I swear they put a clone in the W. H. because his position is so diametrically opposed to what he said, on his election platform. What is more interesting, Trump said, ” We will be friends with any country that wants to be friends with us” Well Russia wants to be friends, but now Trump has turned into Hilary … so maybe it does not matter who is elected they will turn into war mongering Hilary

  8. Central Banksters and politicians have screwed the world and the world let it happen! This I don’t understand. How could this happen? My guess is wars were used to make countries sign on.

    Russia’s debt picture looks better than the USA’s huh. Let’s see, riding a line of 17 trillion dollar bills you can take a tour of Saturn’s rings and back.

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