BRICS Consider Setting Up Gold Trading System

The highly anticipated global reset is about to be formally introduced. This includes the shift of at least 60% of the global economy to the gold standard and other asset-based currencies.  This is the first time that they’ve announced their intention as a group.

Brazil, Russia, India, China and South Africa (BRICS) are discussing the possibility of establishing a separate gold trading system, according to the First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov.

“The traditional (trade) system based in London and partially in Swiss cities is becoming less relevant as new trade hubs are emerging, first of all in India, China, and South Africa,” he said, adding “we are discussing the possibility of establishing a single (system of) gold trade both within BRICS and at the level of bilateral contacts.”

BRICS countries are large economies with substantial reserves of gold and an impressive volume of production and consumption of the precious metal, said the official. According to him, the new system may serve as a basis for the further creation of new benchmarks.

The Bank of Russia has already signed a memorandum on developing bilateral gold trade with China. The regulator plans to form a single trade system with the People’s Republic of China in 2018.

READ MORE: China claims discovery of its largest gold mine with $22 billion potential

“We assume that trade and clearing links should be established. The point is that gold buyers should decide on the place of purchase,” Shvetsov said, adding that trade links will enable market participants to make deals on international exchanges via the central counterparty.

Last year, the Bank of Russia and the People’s Bank of China announced plans to create a platform that would unite gold trading by the world’s two biggest gold buying countries.

According to the World Gold Council, Russia is the largest official buyer of gold and the world’s third-biggest producer, with the central bank purchasing from domestic miners through commercial banks. It has more than doubled the pace of gold purchases over the past decade, adding more than 1,250 tons to its gold reserves. In the second quarter of 2017, it accounted for 38 percent of all gold purchased by central banks.

The $300 billion China-US economic deal sealed during Trump’s Asia tour will surely provide the necessary mitigation for the American economy.

In line with this, it is very visible by now that the dark side is in panic mode while being exposed to the light.

“The election of President Trump […] evoked a response. So many women who’ve had a bad experience are now saying “I’ve had a bad experience and now [the] person who [had been] possibly engaged in that activity is the President of the US. I am speaking out!” Minority Leader of the US House of Representatives Nancy Pelosi said in her interview with NBC’s Meet the Press on Sunday while commenting on the sexual accusations directed at leading US politicians and public officials.

There shouldn’t be any let up on the pressure against these rotten geopolitical drones. Even better, let’s pester them wherever they go until they have no recourse but to hang themselves in shame, if there’s still something like it left in them.

They must pay for the destruction they’ve done worldwide.

11 thoughts on “BRICS Consider Setting Up Gold Trading System”

  1. INTEL Update (Real News) via email – “DIRECT MARINE CONTACT @ LANGLEY” 11/27/17

    From ‘DIRECT MARINE CONTACT’ @ LANGLEY

    U.S. Marines raided the Central Intelligence Agency (CIA) in Langley, Virginia last weekend and removed computers…recovered pre 9/11 terrorist attack financial transactions…insurance documents…a lot of evidence implicating well known politicians of embezzlement…election rigging…identity fraud…assassination plots…murders…domestic terrorism and pedophilia.

    All these documents are now in possession of U.S. Marine intelligence.

    CIA headquarters has been raided…the FBI has been neutralized and $35 trillion of U.S. Treasury embezzled funds have been recovered.

    About $100 trillion has been embezzled by the Bush’s and Clinton’s.

    Trump reopened the JFK assassination files and Daddy Bush was behind it.

    JFK autopsy photographs were falsified.

    The sexual harassment outings of all these members of Congress is a ‘mainstream media distraction’ for what’s really going on behind the scenes. (U.S. Marines raid CIA Headquarters and Trump imposes military martial law)

    Hillary Clinton has ordered the murders (through domestic assassination squads) of Ron Brown (Commerce Secretary)…William Colby (Director of Central Intelligence)…Vince Foster (Deputy White House Counsel) and John F. Kennedy Jr. (son of assassinated President John F. Kennedy)…and others.

    Trump was right that Sen. Ted Cruz’s father was implicated with Lee Harvey Oswald.

    Sen. Cruz is a Canadian citizen who faked his birth certificate to become U.S. Senator and should be arrested for identity fraud.

    California Rep. Adam Schiff, (Ranking Member of the House Permanent Select Committee on Intelligence) and Chicago Mayor Rahm Emmanuel (former White House Chief of Staff for Obama) are connected with the Mossad.

    Both Schiff and Emmanuel are pedophiles.

    Trump has got the file of every journalist…Anderson Cooper (CNN/CBS)…Chris Matthews (MSNBC)…Wolf Blitzer (CNN)…and more that’s on the CIA payroll.

    They now have proof / evidence that Hillary Clinton has committed election fraud…treason…sedition…is a drug dealer…has committed mass murders and murdered people in the State Department as a kill for hire scheme.

    Daddy Bush tried to assassinate Reagan three times during his eight year presidency and has been involved with 25 assassination plots against other major political figures. (many in Congress & the Senate)

    He and Hillary have tried to assassinate President Donald Trump seven times.

    There’s a cover up involving California Rep. Maxine Waters and the Blue Moon Bank in Thailand.

    The recent attack on Sen. Rand Paul was attempted murder because Paul knows too much and can’t be controlled by the deepstate. (Rene Boucher was chipped)

    A reporter from a major network was going to break a story (which he is sitting on to this day) that the government contacted orphanages around the country and paid these orphanages to transport orphans to Washington D.C. so Dick Cheney…Daddy Bush…Barney Frank and other pedophiles could pick out the kids they wanted to have sex with.

    Then they took those kids to parties.

    Hookers were present at these parties.

    Congress members were drugged and photographs were taken of politicians and these orphans in sexually compromising positions. (for blackmail purposes)

    FEMA camps are being used to incarcerate the cabal as they get arrested behind the scenes.

    ‘Doctors and Big Pharma’ will be arrested by December 21st.

    The last of the underground bases are presently being destroyed. (many recent reports of explosions heard & felt underground)

    Banks are closing down as many of the old monetary systems are being terminated.

    There is literally no place for the cabal to hide anything that they steal.

    Most nations on the planet are against them.

    It has taken 38 years and the help of the Galactics to achieve this goal.

    70,000 pedophile elites worldwide have been identified.

    Mass grave sites have been discovered with the remains of children used in satanic rituals.

    ________________________________

  2. THE HEAD OF THE SERPENT. Punishing the bribed/blackmailed puppets and mind-controlled figureheads will not solve the problem, which is the puppet master (handler/programmer) hiding in the dark behind the curtain and the puppet-theater owner who is never named or seen or revealed. The Rothschilds, Rockefellers, Sauds, Windsors, Soros, Popes, and other visible bad actors on the dark side are following their prepared scripts.
    The only way to stop the global chaos is to identify the Head of the Serpent System and decapitate the beast like the fabled Jabberwock.

    1. Psalm 37: 10, 11…And just a Little While longer, and the WICKED ONES will be NO MORE; and you will CERTAINLY give Attention give attention to His Place, and HE/HER WILL NOT BE.
      But the MEEK ONES themselves will POSSESS the Earth….And THEY will Indeed find THEIR EXQUISITE Delight in the ABUNDANCE (And)of PEACE.
      This will ONLY happen when the REAL TRUTH is exposed, about WHO the “Anti-Christ’ is…WHO is the ONLY man claiming to be God’s representative on Earth???
      Comments???

      1. As far as King Henry VIII was concerned, he was. If the royals have followed in his tracks then we are certainly looking at P Charles or William stepping up to that mark.
        On the other side of Europe we have of course the pope – they are both fakes to any titles as far as I have read. So both are deceivers then?

    2. That “Head of The Snake would ONLY be the VATICAN…The REAL “Anti-Christ” and the ONLY “Man” to usurp GOD’s Authority over earth in history, by claiming to BE HIM!

      Watch this video folks!

  3. What will happen to gold stolen from East Asia by Yamashita and burried in Philippines, gold stolen by Nazis, gold in Vatican and Switzerland. Have we decided who owns them. It looks like this will be trade standard, and not a wealth standard in the short run. If gold in global collateral accounts are salted with radioactive material to prevent theft and for easy tracking, then holding gold may be a health risk. Gold is rising gradually nowadays. I suspect this is done intentionally, they allow it to rise, but not parabolically.

  4. Once ALL the LIEs are exposed about FAKE Markets and Kryto-currencies all that will be left is PM’s
    This is the REAL reason for “Physical Possession” of them…THERE IS WHERE THE REAL POWER IS …FOR NOW.
    I wished the sheeple would “Awaken” to THIS Fact!

We do appreciate sensible comments...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.