{"id":548704,"date":"2022-08-16T13:02:29","date_gmt":"2022-08-16T17:02:29","guid":{"rendered":"https:\/\/goldtadise.com\/?p=548704"},"modified":"2022-08-16T13:02:29","modified_gmt":"2022-08-16T17:02:29","slug":"russia-proposes-new-standard-to-compete-with-rigged-london-bullion-market-association-lbma","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=548704","title":{"rendered":"Russia Proposes New Standard To Compete With RIGGED London Bullion Market Association (LBMA)"},"content":{"rendered":"<p>To put it in the plainest terms possible, <strong>Russia is colluding with a number of other countries to exclude the dollar, the euro and the pound from the system of international settlements, starting with precious metals but not necessarily stopping there.<\/strong> These countries control a lion\u2019s share of gold production. For starters, Russia has fixed the price of gold in rubles at 5000?\/g, which works out to $2,447.17 per troy ounce. This compares rather favorably to the current LBMA fix of $1737.84. <strong>The days of LBMA\u2019s ability to drive down gold prices using paper gold manipulation appear be running out.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/news\/2022-08-15\/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma\">https:\/\/www.zerohedge.com\/news\/2022-08-15\/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To put it in the plainest terms possible, Russia is colluding with a number of other countries to exclude the dollar, the euro and the pound from the system of international settlements, starting with precious metals but not necessarily stopping &hellip; <a href=\"https:\/\/goldtadise.com\/?p=548704\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-548704","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/548704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=548704"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/548704\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=548704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=548704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=548704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}