HOW DIAMONDS COULD SAVE RUSSIA FROM THE ECONOMIC COLLAPSE ???

Nowadays, the monetary system worldwide is crazy .... Money = Debt , and the debt supply on the planet is clearly OUT OF CONTROL ..... ALL THE WORLD GOVERNMENTS ARE INSOLVENT.

 

But There are huge différences between the countries. In the West, the public spending are MASSIVE and based only on QE, it means money printed out of nothing.... In the East, including Russia, people prefer tangible assets like physical gold, productivity is far more important....

 

Eastern countries will cope with successfully the future massive monetary reforme worldwide ......

 

Fiat currencies are only debts, so worthless paper and digits on a computer, physical gold is hoarded, physical silver is a major industrial asset...... During the collapse, the value of fiat currencies Will evaporate, gold and silver won t be more available .....

 

So, upcoming chaos ..... but the diamond have the qualities for a monetary mission, especially for Russia which is the first producer in the world .....

 

In 2015, Russia is in a big economic troubles.... With the interest rates in the Central Bank at 17% to defend the ruble, signing a loan is becoming impossible for most of the russian people ... Several économists think Russia should GOLD BACKED his ruble ...I agree

 

The économy in Russia is based on natural resources, like gaz, oil or wood.... GOOD ides if thé other countries need energy for production, Bad idea in a period of low production and préservation of value...

 

This article is quite interesting but i DISAGREE his conclusion  http://mg.co.za/article/2015-01-15-will-putin-use-diamonds-to-rescue-russia

 

Gem quality diamonds are only 20 % of the diamond supply out of the mines ... Among This SMALL percentage, only 0,01% are colorer stones, not much more are LC or VVS (top clarity) .... RUSSIA can increasing the supply extracted in the mines without risk to change prices of polished diamonds....

 

With the diamonds, Russia has now the potential to produce the PRESERVATION OF THE WEALTH for the world !!!!

 

Instead to sell rough diamonds, Russia should create DIAMONDS BULLION BANKS, and sell shares of these Banks to get cash ..... In the diamond business, the motto is the right stone for the right client ..., so quantity is not important