₦airaland Forum

The religion of peace strikes again

https://www.youtube.com/watch?v=mmQJxSGTIN0

No limit to China-Russia cooperation: Beijing

"China-Russia cooperation has no limits," says Chinese Foreign Ministry spokesperson Wang Wenbin, as Russian Foreign Minister
Sergei Lavrov made his first visit to China since Russia launched its invasion of Ukraine last month

The Russian central bank pegged 1 gram of gold to 5000 Rubles (currently, about 50 bucks).

At the same time, Putin made it so that Russian gas and oil can only be purchased in Rubles.

Meaning: Putin basically just pegged Russian oil and gas to gold, using paper rubles as a proxy.

Meaning: Europe will need to either buy Rubles from Putin in gold, in order to buy gas and oil, or they will have to buy directly in gold. Which means, there will soon be a lot more demand for rubles.

Currently, the forex rate for rubles to dollars is about 100:1.

But... with 5000 rubles now equaling 1 gram of gold, and oil being priced directly in gold, you're going to see a massive price disruption in these FOREX markets, in terms of how much gold a dollar can actually still buy.

Foreign countries holding our dollar debt notes in reserve will see less of a use for them, and will want to start dumping them, in order to get something more stable, something which holds its value.

Basically any currency pegged to gold now will fit the bill. Which means those countries like Japan will be dumping their dollar debt as fast as they can. They're are NOT going to go down with the ship. And they will move into more stable currencies like the Ruble.

Which will have a deflationary effect on the Ruble, making it more valuable over time.

Which means Putin will be able to re-peg the Ruble to Gold at whatever rate he wants, down the line. It's 5000 rubles today.
Tomorrow, it might be 500. And then 100. And then 10.

This also means all those excess dollars being dumped by foreign nations are about to come home and cause even worse hyperinflation than we're seeing.

Is it any wonder Biden is up on stage pleading with Europeans for regime change in Russia? He's about to have masses of angry and starving people marching through the streets here at home, demanding answers.

decryptofx:
It can happen anywhere in the world

You mean anywhere in Nigeria

.

https://www.youtube.com/watch?v=-8scNLVC35M

Nigeria vs Ghana: Watch the moment power outage almost marred Black stars press conference

https://www.youtube.com/watch?v=L4_ZGDpAlkc

NEPA Interrupt Power During Ghana Players Training Session Inside Abuja Stadium

https://www.youtube.com/watch?v=-8scNLVC35M

Nigeria vs Ghana: Watch the moment power outage almost marred Black stars press conference

https://www.youtube.com/watch?v=YgFhAdBlIeo

The Black Stars Arrival In Abuja

https://www.youtube.com/watch?v=TcX0hLtPwPI

Mononeon - "the Willsmith Chrisrock slap song"

https://www.youtube.com/watch?v=TcX0hLtPwPI

Mononeon - "the Willsmith Chrisrock slap song"

https://www.youtube.com/watch?v=dFOu7uMD6Q4

'Nobody can replace Russian gas supply overnight.' Qatar's energy chief responds to Zelensky's call

https://www.youtube.com/watch?v=a0mEon5BtIE

India Announces Ruble/Rupee Trade Agreement With Russia

A rupee-ruble trade will allow the two countries to trade directly without first using a currency like the US dollar for fair value

I don't think people realized what just happened over the past few days, so I'm going to try to explain what I'm seeing:

The Russian central bank pegged 1 gram of gold to 5000 Rubles (currently, about 50 bucks).

At the same time, Putin made it so that Russian gas and oil can only be purchased in Rubles.

Meaning: Putin basically just pegged Russian oil and gas to gold, using paper rubles as a proxy.

Meaning: Europe will need to either buy Rubles from Putin in gold, in order to buy gas and oil, or they will have to buy directly in gold. Which means, there will soon be a lot more demand for rubles.

Currently, the forex rate for rubles to dollars is about 100:1.

But... with 5000 rubles now equaling 1 gram of gold, and oil being priced directly in gold - you're going to see a massive price disruption in these FOREX markets, in terms of how much gold a dollar can actually still buy.

Foreign countries holding our dollar debt notes in reserve will see less of a use for them, and will want to start dumping them, in order to get something more stable, something which holds its value.

Basically any currency pegged to gold now will fit the bill. Which means those countries - countries like Japan - will be dumping their dollar debt as fast as they can. They're are NOT going to go down with the ship. And they will move into more stable currencies - like the Ruble.

Which will have a deflationary effect on the Ruble, making it more valuable over time.

Which means Putin will be able to re-peg the Ruble to Gold at whatever rate he wants, down the line. It's 5000 rubles today. Tomorrow, it might be 500. And then 100. And then 10.

This also means all those excess dollars being dumped by foreign nations are about to come home and cause even worse hyperinflation than we're seeing.

Is it any wonder Biden is up on stage pleading with Europeans for regime change in Russia? He's about to have masses of angry and starving people marching through the streets here at home, demanding answers.

https://www.youtube.com/watch?v=a0mEon5BtIE

India Announces Ruble/Rupee Trade Agreement With Russia

A rupee-ruble trade will allow the two countries to trade directly without first using a currency like the US dollar for fair value

https://www.youtube.com/watch?v=yeWaax8EtE8

Jamaica ‘to remove Queen as head of state’

https://www.youtube.com/watch?v=_8bNdNA49po

China criticizes U.S blockade policy against Cuba

https://www.youtube.com/watch?v=_Gi77Oh2W0Y

Wike, Ready To Rescue Nigeria ‘PRIMED & FIT' For 2023 Presidency

There is certainly a role for some recycled politicians, but they must all remain in the political bin until those who still have some potential are selectively recycled by the electorate or consulted as necessary. Beware, it is mostly failed politicians who engage in self-recycling

https://www.youtube.com/watch?v=pVjvy__vJ9o

Russia destroys caches of Ukrainian ammunition with "Kalibr cruise missiles "

https://www.youtube.com/watch?v=_F0u_1uD3Jo

Africa's Foot On The Gas Pedal

Officials of the European Commission have started a week-long meeting in Brussels, discussing how to respond to the expected energy shortage in Europe, occasioned by the ongoing Russian military invasion of Ukraine. The Brussels meeting is also scheduled to include a roundtable with Africa gas producers and other industry stakeholders. In this report, arise business correspondent, Boason Omofaye weighs the strengths and opportunities of increased gas supply to Europe now presented to Africa, and how the continent can take advantage of them

https://www.youtube.com/watch?v=EzotonmeTn0

“Russia & China, Together at Last”

https://www.youtube.com/watch?v=_zJa4u7eGZ0

Russian military launch Iskander missiles during strike against Ukraine

The Iskander missile can carry nuclear warheads and also several different conventional warheads, including a cluster munitions warhead, a fuel-air explosive enhanced-blast warhead, a high explosive-fragmentation warhead, an earth penetrator for bunker-busting, and an electromagnetic pulse device for anti-radar missions

The United Snakes of America

https://www.youtube.com/watch?v=UkwGXwlhbeU

Russian army prepare surface-to-air missile systems in Ukraine

Education is the greatest leveler. It has the power to empower the weakest of the weak, bring peace to the world and
alleviate poverty. It is often seen as the only lit path in the pursuit of happiness.

Cassava flour in a very important ingredient in profitable production of bread

https://www.youtube.com/watch?v=3vDEiNcCvYE

Wheat Production in Nigeria

Nigeria imports USD 4 billion worth of wheat annually. Due to high températures, wheat growing has been a challenge. However, through research into new high yielding wheat tolerant varieties, SARD-SC wheat implemented by ICARDA and its partners and funded by AfDB have made it possible and now Nigeria is reducing its wheat imports through local production of wheat