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World War III Looms Closer: Russia Declares Currency War

Russia’s recent actions could be leading us into a World War III scenario (reports NaturalNews)

Russia has cut off its gas supply to Europe and also recently dumped the Petrodollar. According to many analysts these are signs of bad things to come.

An escalation into war?

Natural News reports:

What’s happening here is a radical escalation of the global currency war in which Russia and China are attempting to route the U.S. dollar and ultimately destroy the U.S. empire.

Part of this strategy involves dumping the petrodollar as a global reserve currency and reverting to alternative currencies backed by something more than just hot air. Further evidence of this strategy is found in the explanations on King World News which states that China is moving to back its Yuan currency with gold!

This explains why China has been buying up the world’s physical gold supplies. The U.S., meanwhile, has empty gold vaults and a fiat paper currency backed by nothing but hot air, empty promises and endless debt. The whole world knows this, and nations like Russia are positioning themselves to take advantage of the massive currency collapse that’s eventually coming to the dollar.

Just yesterday, the Swiss franc skyrocketed 30% in mere minutes as the central banks controlling the Euro neared announcing their own massive money printing scheme that would flood the global markets with Euros. As Associated Press wrote, “Bowing to the inevitable, Switzerland has ditched an increasingly expensive policy to limit the export-sapping rise of the Swiss franc — a decision that propelled the currency a whopping 30 percent higher against the euro within minutes.” [3]

Read more: Russia throws down the gauntlet: energy supply to Europe cut off; petrodollar abandoned as currency war escalates