Rob Kirby says gold may become priced in hundredths of a gram instead of per ounce. Rob talks gold, the US dollar, market manipulation and more as he answers listener questions in this time sensitive interview…
Jim Willie says the United States has no gold and doesn’t even bother with tungsten anymore. Jim says it’s likely just yellow painted wood bars posing as gold. But China’s gold-backed yuan oil contract is already the real deal, and Jim says the United States knows it…
Is the petrodollar monopoly about to be shattered? When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States.
But now the Russian media is reporting that the Russian Ministry of Finance is getting ready to pull the trigger on a “de-dollarization” plan.
The fact that the Russian government has held a meeting to discuss “getting rid of the US dollar in Russian export operations” should be front page news on every mainstream news website in the United States. That is how big this is.
If Russia starts asking for payment in currencies other than the U.S. dollar, that will essentially end the monopoly of the petrodollar.
Is Putin on the verge of dealing the US dollar a death blow?