The Gold Market Shock No One Saw Coming – Russia’s Stunning Return to the U.S. Dollar | Metals Mine

  • The Gold Market Shock No One Saw Coming – Russia’s Stunning Return to the U.S. Dollar

    From fxempire.com

    In what could mark one of the most dramatic pivots in modern monetary history, an internal Kremlin memo reviewed by Bloomberg outlines proposals for Russia to re-embrace the U.S dollar settlement system as part of a sweeping economic partnership with the Trump administration. For a nation that has championed de-dollarization and deepened ties with Beijing, the implications are profound. Markets have taken notice. Gold and Silver erased an eye-watering $1.4 trillion in market value in just 20 minutes on Thursday, before surging back toward the psychologically critical $5,000 an ounce mark within 24 hours. Volatility ... (full story)

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dchristi
Feb 13, 2026 3:04pm
Permalink
Quoting abhishekshe
brics now hold 50% asset of entire physical gold in the world. do any brics country wants to get back to dollar as reserve currency or to use brics currency backed by gld which is stable and gld cant be printed out of thin air..like all paper currency can backed by nothing but air and tree to make it lmao
And I suppose if someone were to offer you, say, 5 million of these "worthless" pieces of paper, denominated in dollars, you would refuse the offer. Right? After all, it's backed by nothing but air and trees...
Reply
traderathome
Feb 13, 2026 2:38pm
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An "internal Kremlin memo"..... Well, could just be a prop, and one intended for moron Trump, who will take the bait! Things are getting quite bad in Russia. And the core of the regime might actually be entertaining some fearful thoughts. Another friendly.... or at least non-threatening.... sign from the USA might be the objective.
Reply
dchristi
Feb 14, 2026 2:27pm
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Quoting Trader#1A5E
{quote}i will happily sell my gold to any nation whose currency is backed by gold then sell it to toilet paper dollar whose debt will spiral to the downfall of Us in near future and make dollar to inflate against gold like it did in 20th century Germany lmao.
Maybe you can tell me which country you are referring to, whose currency is backed by gold, because I'm certainly not aware of it. And by the way, I'm not defending the Almighty Dollar. I'm just saying that all of those "air and trees" currencies are used by every country on earth, and they still have value, for now...
Reply
abhishekshe
Feb 13, 2026 2:52pm
Permalink
brics now hold 50% asset of entire physical gold in the world. do any brics country wants to get back to dollar as reserve currency or to use brics currency backed by gld which is stable and gld cant be printed out of thin air..like all paper currency can backed by nothing but air and tree to make it lmao
Reply
Abubaker786
Feb 13, 2026 5:36pm
Permalink
Quoting traderathome
An "internal Kremlin memo"..... Well, could just be a prop, and one intended for moron Trump, who will take the bait! Things are getting quite bad in Russia. And the core of the regime might actually be entertaining some fearful thoughts. Another friendly.... or at least non-threatening.... sign from the USA might be the objective.

Hey man, just wanted to say Hi! Hope u doing well
Reply
Trader#1A5E
Feb 13, 2026 4:17pm
Permalink
Quoting Ferna
{quote} It's called having integrity? If you never rejected that kind of money and seen the facial expression of someone getting so pissed that they can't own you, you've missed out. I say it's worth more than any money to fuck over a narcissist, and make em realize they can't have everything.
i will happily sell my gold to any nation whose currency is backed by gold then sell it to toilet paper dollar whose debt will spiral to the downfall of Us in near future and make dollar to inflate against gold like it did in 20th century Germany lmao.
Reply
Trader#7FF9
Feb 15, 2026 1:38am
Permalink
Quoting dchristi
{quote} Maybe you can tell me which country you are referring to, whose currency is backed by gold, because I'm certainly not aware of it. And by the way, I'm not defending the Almighty Dollar. I'm just saying that all of those "air and trees" currencies are used by every country on earth, and they still have value, for now...
because no other major nation still forsnt have its currency backed by gold. Am accumulating gold to retain my purchasing power when the shift happens. Please read history of money and power changes in the world
Reply
Trader#C6D0
Feb 15, 2026 2:22am
Permalink
Because dollar cant be trusted now at all as us and their allies backstabbed every other nations. And also the us debt cannot be sustained and no one wants to hold us treasuries anymore, ppl like me are accumulating gold to retain my purchasing power for the power change which is coming soon.
Please read the history of money and power changes.
Reply
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