Russia just cut off natural gas to Europe and abandoned the petrodollar. The massive, worldwide currency collapse is underway:


  • Gas prices rise in London
  • Bulgaria reaches ‘crisis’ point

Russia cut gas exports to Europe by 60 per cent today, plunging the continent into an energy crisis ‘within hours’ as a dispute with Ukraine escalated.

This morning, gas companies in Ukraine said that Russia had completely cut off their supply.

Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of a struggle over energy that threatens Europe as winter sets in.
Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments from Russia through Ukraine.

Croatia said it was temporarily reducing supplies to industrial customers while Bulgaria said it had enough gas for only ‘for a few days’ and was in a ‘crisis situation’.

putin

Russian Prime Minister Vladimir Putin, left, speaks to Gazprom chairman Alexei Miller during a meeting yesterday

The European Union in Brussels called the sudden cut-off to some of its member countries ‘completely unacceptable’.

Read More: http://www.dailymail.co.uk/news/article-1106382/Europe-plunged-energy-crisis-Russia-cuts-gas-supply-Ukraine.html

Via Natural News

Russia pulls out of the petrodollar

In addition to cutting off natural gas supplies to Europe, Russia has also “just pulled itself out of the petrodollar,” reports Zero Hedge. [2]

The story quotes Bloomberg.com stating that Russia “may unseal its $88 billion Reserve Fund and convert some of its foreign-currency holdings into ruble.”

This is further explained by Mac Slavo at SHTFplan.com who explains, “What we are seeing are the strategic moves that will eventually catalyze the next great war. And make no mistake, this is exactly what’s in store for the world should these escalations continue.”

An escalation into war?

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.”

Oil prices manipulated as an act of economic warfare

As part of the U.S. effort to wage war on Russia, oil prices have been artificially lowered with the help of the Saudis (who have strong ties to the Bush family and whose royalty was magically evacuated out of the U.S. on private jets during the 9/11 terror attacks) working in conjunction with U.S. forces. The aim is to devastate the Russian economy, harm the Russian currency and even cause damage to Venezuela where food supplies are now wiped out and grocery stores are being guarded by armed government military personnel.

Of course, you won’t hear a word of this from the hypnotic, droning mainstream media which tells you everything is just fine. It isn’t. Massive geopolitical strategies and schemes are being unleashed right now, behind the scenes, and a currency war is under way at the highest levels.

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