It seems that in the shadow of the events in Ukraine and the news about the natural gas ruble, another sensational news has been completely pushed to the background: The global financial system was established in Bretton Woods and is officially dead!

Namely, on March 28, the Central Bank of Russia tied the ruble to gold again! On that day, the provision on the purchase of one gram of gold for 5,000 rubles came into force. For the first time since August 15th, 1971, when Richard Nixon declared the United States bankrupt and abolished the last paper currency – the dollar – the gold backing.

What this means? You can find a good explanation of Hal Turner at the link below:

“…Russia will only sell its oil and gas in Rubles, and Rubles are now fixed at 5,000 Rubles per gram, anyone wishing to buy Oil or Gas will need to either pay in Rubles or pay in Gold, and they won't get the US Dollar value for the gold they tender as payment!

People around the world will be literally THROWING their money at the Ruble and DUMPING Dollars and EUROS to do it.

What Russia just did is the financial equivalent of detonating a nuclear bomb.

FWIW, the last guy on this planet who tried to back a currency with Gold, was Muammar Quadaffi of Libya.”

Only ten days ago, we sent a text entitled “Financial Nuke!”, leaving at the blockchain same claim after the introduction of the ruble backing with natural gas. The golden ruble is just a confirmation of what has already been said…

But that’s not the end of the story. The return to gold is actually a step backwards, towards the construction of a centralized financial structure on gold again, which has enabled so many scams. Napoleon also earned the trust of his citizens and the title of Emperor by returning gold to circulation, but that again brought only short-term relief – and a new fraud in the centralized financial system.

Today, for the first time in the history of the World, we have established a decentralized mechanism and a measure of value that cannot be confiscated – bitcoin! It is true that both gold and bitcoin (just like the gold ruble) currently lack liquidity, but that is not a problem as long as they can serve as a guarantee (or measure) of value. That is why today, for the first time, in addition to the bitcoin-gold relationship, we are also leaving the relationship between the ruble and gold. It will be easy for you to calculate how much the dollar is really worth through gold: