| Heute in einem Board gefunden. Ist das ein Hoax? Wenn nicht, was könnte das für Auswirkungen haben?
 Sources: Kommersant and Ekspert via Strana.ru]
 July 14 (EIRNS)--RUSSIA PUTS GOLD CHERVONETS COIN BACK INTO
 CIRCULATION, AS ALTERNATIVE TO DOLLAR. The Russian Central Bank`s
 move to make the gold {chervonets} coin legal tender once again,
 is being hotly discussed in the Russian press, in line with the
 continuing attention there to the coming crash of the U.S.
 dollar. According to {Kommersant-daily}, the Central Bank acted
 this past Tuesday, July 10. The chervonets coins were minted as
 prospective souvenirs in 1980, at the time of the Moscow Olympics
 in the Soviet Union, but the more interesting historical
 reference point is the 1920s coin, of which the modern chervonets
 is a replica. That was introduced by Soviet Foreign Minister
 Chicherin and others, in connection with the Soviet-German
 Rapallo agreements, acting at odds with the Versailles Treaty
 powers. That chervonets was used exclusively for foreign
 settlements.
 {Kommersant} wrote that the chervontsy, taken out of
 mothballs in the Bank of Russia`s depository, may become"a
 full-blown circulating currency, which the Russians may soon
 choose as an equivalent for personal savings instead of the U.S
 dollar." (Russians hold over $100 billion U.S. dollars in cash.)
 {Kommersant} quoted Sergei Zaichenko of the Russian Vneshtorgbank
 (Foreign Trade Bank), who said that"in order for the project to
 be fully launched, the Bank of Russia has to work out a daily
 sell-and-buy mechanism to establish reverse links with the
 market," but added that a project to do this is under way.
 On July 4, {Ekspert}`s Pavel Bykov wrote,"The gold
 chervonets is back in Russia. The Bank of Russia could not have
 thought of a better timing for its comeback.... Withdrawing some
 amount of rubles from circulation and replacing it with the
 chervontsy, minted in the former Soviet Union but unsuitable for
 any other use since then, is not a bad combination. All the
 better, if the chervonets manages to crowd out the U.S. dollar
 and Russians start using it as an alternative savings currency.
 This would be a great advantage for the Russian gold mining
 industry and a great disappointment for the U.S. economy."
 The Central Bank`s action, {Ekspert} said,"proves that the
 Bank is seriously interested in creating a liquid market for the
 gold coins. After all, a dollar is just a piece of paper, while
 Russia has always preferred more valuable things.... Apart from
 low prices, gold is more attractive than other investment
 objects. The chervonets will be indispensable for someone who
 wants to save money safely and with profit for two or three
 years."
 
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