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<p>[QUOTE=&quot;GoldFinger1969, post: 8239411, member: 73489&quot;]It can be gold-pressed latinum from STAR TREK and nobody is going to touch the ruble. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Regardless of what &quot;backs&quot; the ruble, it is no threat to the dollar.&nbsp; A global reserve currency that has the largest, most-liquid financial markets has no fear of the ruble.</p><p><br /></p><p>In fact, Russia was the leader -- along with Iran -- of the &quot;Don&#039;t Use the Dollar&quot; faction globally.&nbsp; Look where it got them.</p><p><br /></p><p><b><span style="color: #ff0000"><u>Let me be clear:&nbsp; if you do NOT have the rule of law....private property rights....large LIQUID financial markets.....then your currency is worth NOTHING !!</u></span></b></p><p><br /></p><p>I managed money for some of the wealthiest people in the country.&nbsp; They&#039;re not putting their $$$ into financial roach motels where they can put money in but can&#039;t get money out.</p><p><br /></p><p>Go ask the Russian oligarchs how the ruble or their crypto assets are now.&nbsp; Even if they still have them, they can&#039;t use them any more than the Russian Central Bank can use their $700 billion in reserves.[/QUOTE]</p><p><br /></p>

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