The fixed peg between the ruble and gold puts a floor on the RUB/USD rate but also a quasi-floor on the US dollar gold price. But beyond this, the linking of gold to energy payments is the main event. While increased demand for rubles should continue to strengthen the RUB/USD rate and show up as a higher gold price, due to the fixed ruble - gold linkage, if Russia begins to accept gold directly as a payment for oil, then this would be a new paradigm shift for the gold price as it would link the oil price directly to the gold price.

For example, Russia could start by specifying that it will now accept 1 gram of gold per barrel of oil. It doesn’t have to be 1 gram but would have to be a discounted offer to the current crude benchmark price so as to promote take up, e.g. 1.2 grams per barrel. Buyers would then scramble to buy physical gold to pay for Russian oil exports, which in turn would create huge strains in the paper gold markets of London and New York where the entire ‘gold price’ discovery is based on synthetic and fractionally-backed cash-settled unallocated ‘gold’ and gold price ‘derivatives.

— What does it mean for the ruble?

Linking the ruble to gold via the Bank of Russia’s fixed price has now put a floor under the RUB/USD rate, and thereby stabilized and strengthened the ruble. Demanding that natural gas exports are paid for in rubles (and possibly oil and other commodities down the line) will again act as stabilization and support. If a majority of the international trading system begins accepting these rubles for commodity payments arrangements, this could propel the Russian ruble to becoming a major global currency. At the same time, any move by Russia to accept direct gold for oil payments will cause more international gold to flow into Russian reserves, which would also strengthen the balance sheet of the Bank of Russia and in turn strengthen the ruble.

Talk of a formal gold standard for the ruble might be premature, but a gold-backed ruble must be something the Bank of Russia has considered.

— What does it mean for other currencies?

The global monetary landscape is changing rapidly and central banks around the world are obviously taking note. Western sanctions such as the freezing of the majority of Russia’s foreign exchange reserves while trying to sanction Russian gold have now made it obvious that property rights on FX reserves held abroad may not be respected, and likewise, that foreign central bank gold held in vault locations such as at the Bank of England and the New York Fed, is not beyond confiscation.

Other non-Western governments and central banks will therefore be taking a keen interest in Russia linking the ruble to gold and linking commodity export payments to the ruble. In other words, if Russia begins to accept payment for oil in gold, then other countries may feel the need to follow suit.

Look at who, apart from the US, are the world’s largest oil and natural gas producers - Iran, China, Saudi Arabia, UAE, Qatar. Obviously, all of the BRICS countries and Eurasian countries are also following all of this very closely. If the demise of the US dollar is nearing, all of these countries will want their currencies to be beneficiaries of a new multi-lateral monetary order.

— What does this mean for the US dollar?

Since 1971, the global reserve status of the US dollar has been underpinned by oil, and the petrodollar era has only been possible due to both the world’s continued use of US dollars to trade oil and the USA’s ability to prevent any competitor to the US dollar.

But what we are seeing right now looks like the beginning of the end of that 50-year system and the birth of a new gold and commodity backed multi-lateral monetary system. The freezing of Russia’s foreign exchange reserves has been the trigger. The giant commodity strong countries of the world such as China and the oil exporting nations may now feel that now is the time to move to a new more equitable monetary system. It’s not a surprise, they have been discussing it for years.

While it’s still too early to say how the US dollar will be affected, it will come out of this period weaker and less influential than before.

— What are the ramifications?

The Bank of Russia’s move to link the ruble to gold and link commodity payments to the ruble is a paradigm shift that the Western media has not really yet grasped. As the dominos fall, these events could reverberate in different ways. Increased demand for physical gold. Blowups in the paper gold markets. A revalued gold price. A shift away from the US dollar. Increased bilateral trade in commodities among non-Western counties in currencies other than the US dollar.

A former soldier of the Aidar neo-Nazi battalion, who defected to the Russian side: The Ukrainian army deliberately fired on an Orthodox monastery in the Donetsk region with Grad rocket launchers to blame the Russian military for this

Subscribe to @sputniknewsus

Another Russian soldier murdered while holding his hands up 👐. The text of the video said "Bolshevik tried to escape ... but no."
They can be heard laughing and joking.

https://mobile.twitter.com/moonofa/status/1510635534321860611

March 30:

Russian troops leave Bucha


March 31st :

Mayor of Bucha announces town 'liberated'.............Makes no mention of "atrocities".

https://ukrinform.net/rubric-ato/3445989-bucha-liberated-from-russian-invaders-mayor.html


April 1st & April 2nd:

Azov Nazis enter Bucha

https://nytimes.com/live/2022/04/03/world/ukraine-russia-war#scenes-of-desperation-and-death-as-the-russians-retreat-from-suburbs-outside-kyiv


April 3:

Ukraine MOD publishes video of "Russian atrocities"

https://nytimes.com/live/2022/04/03/world/ukraine-russia-war#ukraine-accuses-russian-forces-of-executing-civilians-in-the-town-of-bucha

Why the Bucha Massacre is fake
Special correspondent kp.ru Alexander Kots explains what is wrong with the story of the "Ukrainian Srebrenica"

--------------

Now I will explain why Srebrenica in Bucha is a lie. Like a man who lived under this city for a month. I will not analyze the position of bodies relative to the road and look for similarities of corpses in different locations. Many have already done this for me. The tactics of video dramatizations ceased to amaze me even in Syria, where, based on the productions of the White Helmets, a decision was made to launch massive missile strikes. And here the teachers of information-psychological operations are the same - with brightly protruding British ears.

I'm talking about something else. I saw how the attitude of the locals towards the Russian military was changing. At first they were feared - the result of in-depth brainwashing on TV. Then the attitude was wary, when curiosity won, and people crawled out of the cellars. Then - business: the locals established an in-kind exchange with the military. For example, we exchanged gasoline for the generator for milk and cottage cheese. Moreover, we did not demand milk, giving fuel free of charge. But the neighbors considered it their duty to "pay back." The military gave dry rations, brought medicines ... And if they forced someone to go down to the basement, it was only for their own safety.

But this, of course, is not the main argument in favor of the fact that the Ukrainian "Srebrenica" is a fake. In fact, Russian troops did not completely control Bucha for a single day during these month and a half. And the situation there was not conducive to “persistent” communication with the locals. Constant battles, shelling, head-on collisions - not before.

The truth is that Russian troops left Bucha as part of a regrouping a few days before the “victims of the occupation” were discovered. The Armed Forces of Ukraine did not immediately realize this and for almost three more days they covered the city with artillery, under which civilians could well have fallen.

And when they came to their senses, as usual, they began a “witch hunt” in search of those who, in their opinion, collaborated with the “occupation forces”. In the fever of wartime, no one bothers to prove themselves, bodies thrown into the wells with their hands tied appear. Only the condition of these bodies suggests that they were killed yesterday at the latest. I know what corpses look like after lying on the street for several days. Here is a completely different picture.

My arguments, of course, are unlikely to be considered by the President of the European Union, Charles Michel, who launches the hashtag "Buchan massacre" and announces new sanctions against Russia. Although it is not difficult to verify what I say. It is enough to conduct an examination that will indicate the time of death of the unfortunate. And to correlate with the data of NATO objective control, which will clearly indicate the date of the withdrawal of Russian troops. But this is if you look for the truth. And who needs it in the West.

My whole column
https://www.kp.ru/daily/27374.5/4567342/

Translate here
https://translate.yandex.ru/translate

#UKRAINE
#Massacre
#Bucha
#Бучан

Take THAT 💢 Putin!

💢German food retailers announced they will raise prices by minimum 20 to maximum of 50 percent on Monday — German Retail Association

Alleged "Security camera footage" from Bucha "massacre" according to Belling Cat.

That it is clearly not "Security camera footage" is self-evident from the movement of the camera itself

Why it is presented as such is a mystery, it is a claim that is easy to prove false.

Allegedly filmed on 25th March 2022 only conveniently revealed now, a whole 8 days later.

Note that there is no evidence which would confirm that this is filmed 25th March

Allegedly shows, "prisoner being executed by Russians after interrogation" without any evidence that these are Russians,

Its not even obvious from video that there are any weapons at the scene and no execution is visible.

https://mobile.twitter.com/2022Kharkiv/status/1510598364265603074
"25.03 video filmed across a new roundabout towards building site where one male is kneeling, surrounded by armed figures with white armbands."

Which seems incongruous given that several victims bodies seen in original Ukrainian video had white armbands.

#UKRAINE
#Bucha
#Бучан

German industry would COLLAPSE without Russian gas – association

The backbone of the German economy – its industry – could “collapse” should Berlin decide to impose an embargo on Russian gas, the president of the country’s industry association has warned.

Appearing on the Maybrit Illner political talk show on Thursday, Siegfried Russwurm, the president of the Federation of German Industries (BDI), crossed swords with other guests who were calling for the immediate phasing out of Russian gas.

Russwurm pointed out that should such an embargo be introduced, the implications would be immense, going far beyond a “speed limit” on highways and “recession and unemployment,” as the host suggested.

———————————
———————————

@Quantum_Market
@Quantum_Market

Between 4:00 PM and 7:45 PM eastern US time, a sudden and very noticeable SURGE in Commercial air traffic (AERFLOT) began, with VERY NUMEROUS numbers of flights departing Moscow and St. Petersburg, Russia - almost ALL of them heading east to the vast heartland of Russia.

The fact that these flights are in the air very late on a Sunday night Moscow time, is strange in and of itself. But that they are almost all heading into the deep interior of Russia is alarming to some observers.

Moreover, the flights land, stay on the ground just long enough to unload and refuel, then turn around and head directly back to either Moscow or St. Petersburg. Like a sort of air ferry service.

Why are people leaving Russia's main cities in the middle of the night, so suddenly?????

https://news.1rj.ru/str/warandtruth

"Cleaning up #Bucha".
Video from the National Police of Ukraine. Released April 1st or 2nd.

In seven minutes - not a single civilian corpse is visible

Moreover, the locals do not say anything about the dead.

One of the narrators reports that the Ukrainian coat of arms and flag were torn off from his house.

And this was the most terrible "crime" committed by the Russians in Bucha.

This PR bullshit is very important PR bullshit. It proves that there were no corpses on the streets of Bucha immediately after the Russians left.

In general, see for yourself and draw your own conclusions.

And keep in mind that it was planned to clean up “all saboteurs and accomplices of the Russian invaders” (as it is written in the denoscription of the video).

https://news.1rj.ru/str/KarauLnet/4118

>Declare every male citizen in your country 18-60 a combatant
>Russia kills them
>”Why is Russia killing our male civilians?”

''After the liberation of the Take-off street at Mariupol airport, the soldiers of the battalion "Somalia" found the body of a civilian shot in the head at point-blank range near one of the private houses where the #Azov militants were based.

Judging by the hands, the man had been tied up for a long time and was a civilian by other external signs.

It is also obvious that he died recently, that is, he was shot shortly before the neo-Nazis retreated from their positions deep into the city.''

https://news.1rj.ru/str/WarDonbass/54766


#azov
#civilian
#execution

💢We have word that two hours ago, two officers of Ukrainian SBU crossed the border with Belarus.

They have documents with them, concerning the false flag operation carried out by Ukraine in Bucha, where civilians were shot dead.

@NewResistance