‘Russia accelerates its de-dollarization policy, chooses to settle exports in euro over dollar’
Two readers tipped me off to the following:
Russia accelerates its de-dollarization policy, chooses to settle exports in euro over dollar
Russian efforts to ditch the U.S. dollar are ramping up as the share of Russian exports sold in U.S. dollars have tumbled below 50% in Q4 2020 for the very first time … This is the first time the U.S. dollar no longer dominates the bulk of the Russian export transactions.
And the euro is the one benefiting from this shift, with the share of euro transactions up at 36% in Q4 of last year in comparison to 21% reported in Q4 2019.
The catalyst for this change is Russian’s trade with China, which is now being conducted with the euro as the primary trading currency. More than three-quarters of Russia’s trade with China is now being done in euros, …
Russia’s President Vladimir Putin has been pushing for de-dollarization in order to strip away American influence over Russia amid increasing tensions and rising sanctions against Russia.
Russia was hit by the latest round of U.S. sanctions in April when the Biden administration introduced limits on buying newly-issued Russian sovereign debt. The U.S. also expelled 10 Russian diplomats and sanctioned a number of entities and individuals. …
On top of ditching the U.S. dollar currency in its export transactions, Russia’s central has been increasing holdings of gold and euros in its international reserves while shedding its Treasuries holdings. https://www.kitco.com/news/2021-04-27/Russia-accelerates-its-de-dollarization-policy-chooses-to-settle-exports-in-euro-over-dollar.html
(Bloomberg) — Vladimir Putin’s multi-year push to reduce Russia’s exposure to the dollar hit a major milestone as the share of exports sold in the U.S. currency fell below 50% for the first time.
Most of the slump in dollar use came from Russia’s trade with China, more than three-quarters of which is now conducted in euros, according to central bank data published late Monday. …Multiple rounds of sanctions and the constant threat of more to come have pushed Russia to find ways to isolate its economy from U.S. interference. The central bank has also stripped back its holdings of Treasuries in its international reserves, loading up on gold and euros instead. 04/27/21 https://www.msn.com/en-us/news/world/putins-bid-to-ditch-dollar-picks-up-as-exports-move-to-euro/ar-BB1g4uIo?ocid=se
Yes, USA sanctions are pushing Russia to get more gold and switch away from US dollars and towards euros.
Russia has been increasing its gold reserves for some time. It wants to be in a position to function without USA dollar, which USA actions like sanctions push it into.
As I have written before, there is a price to pay for US sanctions and they do affect the dollar.
Notice also the following video:
US Sanctions and Tariffs leading to New World Order?
Russian Prime Minister Dmitry Medvedev said new US sanctions would be a declaration of economic war. Iran, North Korea, China, Europe, and Turkey are also upset about USA sanctions and tariffs. A Turk asserted “Somebody must find a solution and stop the USA.” The BRICS nations see US sanctions and tariffs as helpful to their objectives to trade without the USA. Are “unintended consequences” of USA policies threatening the current Anglo-American world order and leading to a New World Order? What has ‘Lord’ Jacob Rothschild and Russian President Vladimir Putin stated? Does Bible prophecy show that a confederation of Turks, Arabs, and Europeans pose a real threat to the USA and UK? Is the final time of the Gentiles coming? Will it be worse than people imagine? Dr. Thiel addresses these issues and more.
Here is a link to our video: US Sanctions and Tariffs leading to New World Order?
Notice also the following video:
A recent headline was “Is Trump Pushing Germany to Russia?” There have been comments by German and Russian leaders that they have aligned interests that Donald Trump opposes and need to take financial, military, and other steps to assist Europe. Russia and the EU (European Union) still support the Iran nuclear deal, Paris Climate accords, and the World Trade Organization, despite Donald Trump’s actions against them. Have there been comments to replace the USA’s SWIFT system by the Russians and Germans? What is Russia’s MIR payment system? What about talks for the EU to have trade and other arrangements with the EAEU (Eurasian Economic Union)? Did the old Radio Church of God foretell of the development of a Russian and German plan to eliminate the USA? Has Russia indicated that it wants Alaska back? Is the giving of USA territories to Russia by a coming European leader consistent with a prophecy in the Book of Daniel?
Here is a link to our video: Is Donald Trump pushing Europe to Russia?
Both the Trump and Biden Administrations have been inclined to impose sanctions. This is leading many nations to try to get around them and USA influence.
Furthermore, China also has been trying to come up with systems, including with gold backing, to avoid the US dollar (watch US Dollar being challenged by Gold-Petro-Yuan).
The USA has been pushing countries away from its currency.
And while the Europeans joined in some of these sanctions, many in Europe do not like this and believe that the US has pushed them into sanctions against Russia (and Iran).
The Russians clearly want to cooperate with the Europeans. And yes, this is partially because the Russians would like USA influence reduced–and Europe will do that more than most Russians probably think is possible (cf. Daniel 11:39; Revelation 13:3-4).
Back in 1962, notice something that the old Radio Church of God published:
Modern Europe is counseling and making treaties and alliances and agreements to conquer this earth! … Germany, those living in Germany, even the German government, may not yet know that they are going to join in a treaty with the Russians to destroy the United States and bring it to its knees-it is not in his “heart” to think so, but on the other hand it IS in his “heart” to destroy-the very characteristic of the Assyrian, the modern German, is a harsh, cruel, iron, dedication to militarism and destruction! … MAN’S ONLY HOPE LIES IN TURNING TO HIS CREATOR GOD! “At what instant I shall speak concerning a nation, and concerning a kingdom. to pluck up, and to pull down, and to destroy it; If that nation, against whom I have pronounced, TURN FROM THEIR EVIL, I will repent of the evil that I thought to do unto them… Behold, I frame evil against YOU, and devise a device against YOU: return ye now EVERY ONE from his evil way and make your ways and your doings good!” (Jer. 18:7, 8, 11). The case of America and Great Britain is hopeless! The case of America and Great Britain is hopeless! (Hill DJ, God’s Destiny for Germany. Plain Truth, March 1962, pp. 28-29)
The German people are now asking themselves: “Can we rely on the Americans and British?” … These questions lead to the logical conclusion that maybe the only people the Germans can rely on themselves. They are now thinking: “Perhaps we can strike a better bargain with the Russians ourselves.” …
Once a German-dominated Europe is fully established, Germany will be ready to negotiate and bargain with Russia- and behind the backs of the Western Allies if necessary. …
When will a Russo-German deal be made? Here is a quotation from a circular letter issued in September, 1950 by the Nazi Geo-political Center in Madrid: “However long we may continue to milk the Americans of millions of dollars, there must come the inevitable moment when we shall have to make it crystal clear to them that we are not willing to join the fight against Russia for American interests … (Germany Plots with the Kremlin by T H. Terens, p. 15). …
Most Americans and Britons are not aware of what Germany and Europe are planning against them. This is partly due to the cunning of German. politics. …
World events are moving swiftly toward the climax when Great Britain and the United. States will be attacked, conquered and DESTROYED! (Boraker R. Are the Germans Secretly Dealing with Moscow? Plain Truth, May 1962, pp. 45-47)
Yes, I, too, expect that Russia will make a deal with the Europeans. What we are seeing now are some steps in that direction.
USA sanctions are pushing the Gentile nations to come up with something that the USA will not like.
Consider now that the Bible shows that gold will have value during during the Great Tribulation:
40 “At the time of the end … 43 He shall have power over the treasures of gold and silver (Daniel 11:40,43)
14 … And the wealth of all the surrounding nations Shall be gathered together:
Gold, silver, and apparel in great abundance. (Zechariah 14:14)12 … merchandise of gold and silver, precious stones and pearls … 16 … ‘Alas, alas, that great city that was clothed in fine linen, purple, and scarlet, and adorned with gold and precious stones and pearls! (Revelation 18:12, 16)
4 The woman was arrayed in purple and scarlet, and adorned with gold and precious stones and pearls (Revelation 17:4)
There are no similar statements backing up the future value of paper items, like the US dollar or the British pound (scripture, indirectly, teaches their elimination, for details see Anglo – America in Prophecy & the Lost Tribes of Israel).
Daniel 11:24 shows that the European leader mentioned in Daniel 11:40-43 (the King of the North) will somehow also be accumulating wealth prior to this time, and that may involve gold accumulation (cf. Daniel 11:38). Perhaps to back up a European supported currency, he also may end up with personal and/or national gold reserves and/or wealth from the Vatican. The Vatican has a vast amount of wealth and is prophesied to be improperly involved with the kings of the earth in the end times per Revelation 17.
Europe is prophesied to have even more gold than it now has!
The Bible also teaches that in the end time, the highly indebted nation will be taken over (Habakkuk 2:2-8)–no nation is more indebted than the USA–and on a per capita basis, the UK is one of the most indebted. They will be taken over and conquered during the Great Tribulation (Matthew 24:21; Daniel 11:39; watch also Do these 7 prophesies point to the end of the USA?).
Increased USA debt, combined with gold accumulation by various nations, points to economic disaster in the USA’s future (cf. Habakkuk 2:6-8).
The USA dollar, instead of being the world’s premier currency, will be worth no more than the scrap/sentimental value of the cotton-paper its notes are printed on.
Notice also some things I wrote that are in my book Biden-Harris: Prophecies and Destruction:
Since many are now questioning the role of the US dollar as the world’s reserve currency, more are looking into other currencies as well as gold. Gold will set records in US dollar terms …
When the U.S. dollar totally collapses people all around the world will consider that even if the Euro (or something similar) is strong, having a more gold-backed currency would be safer.
The collapse of the U.S.A. dollar will shake a lot of the world’s confidence in non-gold backed currencies.
The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the U.S.A. dollar.
Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied.
The debt accumulation policies of the Obama-Biden and the Trump-Pence Administrations, which were a massive acceleration of the previous policies of the Bush Administration, look like they will be continued by a Biden-Harris Administration.
The increases in America’s debt are heading the world into the time when something other than the U.S. dollar will be valued as its reserve currency.
A Biden-Harris Administration would need to make massive changes to possibly prevent this.
The U.S.A. and its dollar are at serious risk.
The reality is that the Eurozone has issues, but Europe, Russia, China and others are taking steps to replace the US dollar as the world’s primary reserve currency and are using gold as part of their plan.
And Europe already has the most gold.
We are getting closer to the start of the Great Tribulation (see also When Will the Great Tribulation Begin?) and final time of the Gentiles that Jesus spoke of (Matthew 24:21; Luke 21:24).
Gentile nations are taking steps that the Anglo-American nations will one day regret.
Some items of possibly related interest may include:
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold? A video of related interest may be: Germany, Gold, and the US Dollar.
Gentile Cryptocurrency Proposal Two Russian leaders have called for a BRICS-wide and/or EAEU-wide cryptocurrency. This is hoped to be used to replace the US dollar for international trade. BRICS stands for Brazil, Russia, India, China, and South Africa. The BRICS nations represent 3.6 billion people. The EAEU includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Will Gentiles rise up? Are there any prophetic ramifications of what these nations are looking to do? This is a video.
The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
When Will the Great Tribulation Begin? 2019, 2020, or 2021? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2018 o 2019? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter and newer video is: Might the Great Tribulation start in 2019?
The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
Armageddon Who is involved and when will this gathering happen? Here is also a video from Dr. Thiel, from Tel Megiddo in Israel: Armageddon. Other videos include: Armageddon Will it come on Trump’s watch?, Iraq, Armageddon, & Prophecy, Freemasonry, Armageddon, and Rome, Is China paving roads to Armageddon?, and Jordan, Petra, and Armageddon.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
European Technology and the Beast of Revelation Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation.
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?
Russia and Ukraine: Their Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy and a video sermonette available: Ukraine in Prophecy?
Is Russia the King of the North? Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North?
Ezekiel 38: For Russia & Iran in Our Day? Is Ezekiel 38 about to be fulfilled? A related video is available titled Ezekiel 38: For Russia, Ukraine, & Iran Now? Another could be Russia, Iran, Syria, & the Bible (Code).
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.
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