Russia takes only rubles for gas, links ruble to gold
Is the petrodollar doomed? I didn't see anything about digital/crypto currencies in this article--only rubles and linkage of rubles to plain old gold. Now, when Europe buys gas (and possibly oil very soon) from Russia, it appears they will be propping up the price of gold
If other gas/oil producers follow Putin's lead, the days of COMEX paper manipulation of commodity markets will be doomed. Oil/gas consumers may be scurrying to buy physical gold and/or currencies other than dollars, to settle their international accounts.
If other gas/oil producers follow Putin's lead, the days of COMEX paper manipulation of commodity markets will be doomed. Oil/gas consumers may be scurrying to buy physical gold and/or currencies other than dollars, to settle their international accounts.
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I wonder what stops the west from using technology to counterfeit rubles in response to Putin's actions.
Biden is an idiot. We ARE at war with Russia and have been for a lot of years now. Nuclear is not the only way war can be fought today. Each world war is fought differently. This one will be with things like EMP, Cyber warfare, and things which will weaken the enemy and encourage surrender. I even think the Russians could send over a trial balloon nuclear EMP or standard weapon just like WE did to Japan to encourage their surrender. Putin is one smart cookie and I wouldnt put much past him.
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